Category: News

HFM , an International Broker for trading online is a brand within the HF Markets Group furthering its commitment to support traders worldwide by enhancing its education offering. With a strategic blend of in-person seminars in major cities and an extensive series of online webinars, HFM supports both new and seasoned traders with the latest market strategies and trading knowledge.

An HFM spokesperson remarked:

" We're thrilled to extend our educational reach to traders around the globe. Our seminars and webinars are thoughtfully designed to be both user-friendly and deeply informative, empowering traders with the practical skills they need to succeed. Whether joining us in person or online, participants will gain valuable insights from industry professionals who are passionate about helping them master the markets.

Education for Every Trader Flexible and Easy to Access

HFM's seminars play an important role in the recent educational expansion, as Seminars take place in key cities around the globe. Industry Experts lead Seminar Events and share valuable trading insights tailored to local market dynamics. Beyond in-person seminars, HFM holds a series of online webinars designed for traders of all levels and needs. Offered in multiple languages, these webinars cover various topics such as “How to Trade Market Gaps Strategies,” “Choosing Your Stop Loss & Take Profit,” and more. By participating in HFM webinars, traders can benefit from market expertise at their own convenience, learning from the comfort of home.

About HFM

HFM, formerly known as HotForex, HFM is a prominent brand within the HF Markets Group, an internationally acclaimed multi-asset broker managing over 3.5 million active accounts globally and boasting more than 60 prestigious industry awards. The company delivers a diverse selection of account types, cutting-edge products, trading platforms, and tools, as well as comprehensive educational resources. With a strong emphasis on excellent customer service and superior trading conditions, HFM caters to both individual and institutional clients for online Forex and CFD trading.

Read more in our HFM Review by the link.

HFM , one of the largest brokers regulated by South African authority and global reputable authorities recently has been awarded the ‘Best Copy Trading Broker Award’ at FMAS:24. This accolade recognized the Broker's revamped Copy Trading program provided with some of the best trading conditions.

Innovative Copy Trading HFM implements features that indeed break down geographical barriers allowing traders from anywhere in world to replicate strategies from successful traders, or from other side to share your own strategy to be copied worldwide which fosters a global trading community. Followers can profit when strategy providers generate profits, besides able to improve own trading skills. One of the great features is that users can follow multiple strategy providers, therefore, build a diversified portfolio with tools enable to monitor copied trades, maintaining full control over trading accounts with ability to stop following at any time.

An HFM spokesperson shared the company’s excitement about the recognition, stating:

We are delighted to receive the ‘Best Copy Trading Broker’ title at such a prestigious event. We are grateful for this acknowledgment and remain committed to delivering exceptional value to our clients. At HFM, we recognize the immense potential and growth opportunities that the African market presents. As part of our long-term strategy, expanding our presence in Africa aligns perfectly with our company's goals for 2024 and beyond.

Disclaimer: Trading CFDs and Forex involves risk. Past performance does not guarantee future results.

About HFM

HFM, previously known as HotForex, is a brand name of HF Markets Group an internationally recognized multi-asset broker serving over 3.5 million live accounts worldwide, with over 60 coveted industry awards. The company offers wide variety of account types, innovative products, platforms, tools, and educational materials besides outstanding customer service and quality trading conditions available for individual and institutional customers to trade Forex and CFDs online.

Read more about Copy Trading and our HFM Review by the link.

HFM the global multi-asset broker, has unveiled an enticing opportunity: a trading contest that gives a chance to win ultimate Paris Olympic Games 2024 Experience. Available for individuals across the African continent, HFM's promotion offers a chance to immerse oneself in the celebration of the upcoming Paris Olympics.

Participating in 42 trading days contest traders get an opportunity to secure an exclusive place at the Men's Marathon Finish Line with exclusing hospitality tickets. This coveted access ensures a front-row view of the athletes' triumphant moments as they cross the iconic finish line.

Participants in the 42-trading days marathon have the chance to secure a place at the Mens' Marathon Finish Line with exclusive hospitality tickets. This privileged access guarantees an up-close view of the athletes' triumphant moments as they cross the finish line in this iconic race.

The Grand prize package includes VIP tickets to the Olympic Games closing ceremony in the Bronze category C area, along with a generous 3-night hotel accommodation with flight tickets. This unique offering makes it easier than ever for the lucky winner to be a part of an unforgettable journey and experience.

Click here to participate in the trading contest and set yourself on the path to winning Olympic Games Experience!

About HFM

HFM, previously known as HotForex, is a brand name of HF Markets Group an internationally recognized multi-asset broker serving over 3.5 million live accounts worldwide, with over 60 coveted industry awards. The company offers wide variety of account types, innovative products, platforms, tools, and educational materials besides outstanding customer service and quality trading conditions available for individual and institutional customers to trade Forex and CFDs online.

HFM , a prominent global online trading Broker under the HF Markets Group umbrella, has been honored “Global Broker of the Year 2024” prestigious award by the World Business Achievers. This recognition highlights HFM Award for outstanding achievements in delivering premium services and trading conditions to traders worldwide.

Setting New Trading Standards for the Industry

Popular Recognition of Leaders and Innovators in the Market - World Business Achievers Awards Named HFM as a leader in the online trading sector that reinforces Broker achievements. An HFM spokesperson shared their pride, stating

" Receiving the ‘Global Broker of the Year 2024’ award validates our efforts to offer outstanding trading conditions and customer service. Our high leverage, swap-free accounts, zero spreads on select instruments, and ultra-fast execution set us apart. These features empower our clients to achieve their trading goals efficiently.

Advanced Trading Services

HFM is committed to deliver top-notch trading offering within a secure trading environment. Zero spreads on certain assets ensure cost-effective trading positions, while High leverage and swap-free accounts allow good exposure to the market. Lightning-fast execution speed enable traders take quick advantage of market with minimum slippage. Additionally, HFM’s efficient deposit and withdrawal processes deliver quality fund management.

About HFM

HFM, previously known as HotForex, is a brand name of HF Markets Group an internationally recognized multi-asset broker serving over 3.5 million live accounts worldwide, with over 60 coveted industry awards. The company offers wide variety of account types, innovative products, platforms, tools, and educational materials besides outstanding customer service and quality trading conditions available for individual and institutional customers to trade Forex and CFDs online.

Read more in our HFM Review by the link.

The Funded Trader, a leading Miami-based proprietary trading firm, has temporarily halted payouts to clients citing a 'self-imposed internal audit'. This decision follows a series of complications encountered after the firm's migration away from MetaTrader platforms, in response to a crackdown by MetaQuotes on unlicensed services to U.S. retail clients.

Facing a slew of complaints and payout denials reported on various platforms including Trustpilot and social media, The Funded Trader has been suspended from comparison service Propfirmmatch.com. The firm acknowledges the migration to new platforms and brokers has not been smooth, attributing delays in payouts to operational errors during the transition.

In a bid to address the backlog and reassure its clientele, The Funded Trader is conducting a thorough review of all payouts to ensure compliance with its terms of service and anti-gambling policies. The firm is committed to rectifying the migration issues, offering additional compensation to affected traders, and improving the overall client experience.

With over $150 million in payouts to date, The Funded Trader aims to resolve the current issues swiftly, stating, "Quick decisions don’t promote long term success. Our story will be told."

The incident highlights the growing regulatory scrutiny facing prop trading firms, especially concerning their business models and the challenges associated with platform migration.

About The Funded Trader

The Funded Trader offers retail traders the opportunity to manage significant capital, emphasizing performance and adherence to strict trading guidelines. The firm is known for its competitive challenge model, which rewards successful traders with a profit share from funded accounts.

In a significant move that is set to reshape the landscape of online trading, TradingView has announced a strategic partnership with Spotware, an international technology provider. This collaboration is aimed at enhancing the frontend and backend capabilities of both companies, paving the way for increased broker integrations.

Spotware, known for its extensive experience in delivering robust trading solutions, operates globally with over 150 employees across more than ten countries. The company has established a vast network of partners, leveraging its technology to improve credibility and expand market share.

At the heart of Spotware’s offerings is cTrader, a renowned trading platform that supports over 200 brokers worldwide and is trusted by millions of traders. cTrader is celebrated for its user-centric design and commitment to providing premium trading experiences, reflecting Spotware’s dedication to catering to the needs and preferences of traders.

The new partnership will focus on seamlessly integrating the cTrader backend with TradingView’s frontend, streamlining the process for brokers using Spotware’s technologies to connect with TradingView’s extensive trading community. This integration is expected to facilitate growth and expansion for brokers, allowing them to tap into a dynamic and engaged trading audience.

Both TradingView and Spotware have expressed their enthusiasm about the partnership, emphasizing their shared commitment to delivering high-tech, integrated solutions that not only meet the evolving demands of traders but also promote the growth of global broker partners. This collaboration marks a significant step forward in their mission to create a more interconnected and efficient trading ecosystem.

With the rising demand for cost-effective trading solutions, FP Markets one of popular global multi-asset Forex and CFD brokers, responds with further reduction of its spreads across Key trading instruments it offers to trade.

Christodoulos Psomas, Head of Risk at FP Markets, expressed his excitement about the initiative, stating:

‘Through the continuous optimisation of our trading infrastructure, we have successfully lowered spreads on several key instruments. Implementing this change across our platforms has resulted in a more cost-efficient trading environment for all our clients. We remain committed to maintaining and further enhancing these conditions as our goal will always be the delivery of a superior trading experience’.

To minimize trading costs for its expanding client base, FP Markets has reduced spreads on a variety of widely traded CFD products. These include Spot Gold (XAU/USD), several Major and Minor Currency Pairs, and major Equity Indices such as the Dow Jones Industrial Average (US30), the S&P 500 (US500), and the Nasdaq 100 (US100).

Detailed information on the revised spreads and affected asset classes can be found on the FP Markets website.

Throughout available choice of over 10,000 CFDs aligned with low spreads, fast execution, and access to world-class trading platforms like MetaTrader, cTrader, and TradingView, besides to operation within a multi-regulated trading environment ensuring reliability and trust, FP Markets continues to stand out as the preferred broker among trading and investors community globally.

About FP Markets

Founded in 2005, FP Markets is a multi-regulated brand that offers clients access to an array of over 10,000 tradable instruments spanning major asset classes. Recognized and well-regarded worldwide, FP Markets prides itself on delivering consistently tight spreads, lightning-fast execution providing aggregate pricing from several top-tier liquidity providers, unparalleled 24/7 multilingual customer support, and a diverse range of account types suitable to accommodate various trading strategies and styles.

Read more about Lowest Spread and our FP Markets Review by the link.

Capital.com, a prominent Retail FX and CFDs broker headquartered in London, has announced a temporary suspension of new client onboarding in the UK market. The decision, as stated on their website, comes in light of the company's rapid growth trajectory, with a firm commitment to maintaining top-tier standards across all operational facets including systems, controls, products, and services.

This move specifically impacts potential clients of Capital.com's UK arm, Capital Com (UK) Limited, which operates under the regulatory oversight of the Financial Conduct Authority (FCA) with registration number 793714. However, it's worth noting that Capital.com continues to onboard clients through its various entities operating in other regions.

The decision to pause onboarding in the UK raises eyebrows, especially considering the significant expansion efforts undertaken by Capital.com in recent years. The company notably bolstered its workforce, particularly at its London headquarters, with a notable influx of senior professionals, many of whom hail from industry giant IG Group.

This surge in talent acquisition commenced in early 2022, coinciding with the appointment of former IG Group chief, Peter Hetherington, as CEO of Capital.com. However, Hetherington's departure from the company last year saw Kypros Zoumidou stepping in as his successor, bringing with him a wealth of experience from his prior role as Commercial Director International at IG.

Capital.com operates under several licensed subsidiaries across various jurisdictions including the UK, Australia, and Cyprus. The company, along with its sister brand Currency.com, falls under the purview of Victor Prokopenya, a Belarusian legal expert and computer scientist based in London.

While the temporary halt on new client onboarding in the UK may raise questions within the industry, Capital.com continues to reassure existing clients of its unwavering commitment to providing uninterrupted services.