Trading Classes by HFM – The Best Educational Broker

HFM the multi-asset global broker of choice with over 3.5 million clients introduces the HFM Trading Classes, exclusive to their traders, where new and experienced traders can learn strategies for all styles, skill levels, and time frames from our team of experts!

The classes run five days a week, every week, for over 12 hours. You can create your own tailor-made schedule by choosing the language and topic that suits you.

HFM provides a variety of educational resources to help traders at every level. Their educational resources, which include online and offline materials alongside weekly webinars, provide traders with everything they need to enhance their trading knowledge.

Why choose an HFM Trading Class?

  • 5 days a week, every week
  • Open to New and Experienced Traders
  • Create your own tailor-made schedule
  • Expert Training

Visit the Best Educational Broker website to find out more about HFM Trading Classes.

About HFM

HFM, previously known as HotForex and a brand name of HF Markets Group, is an internationally acclaimed multi-asset broker. It has acquired more than 60 coveted industry awards, being the choice of over 3.5 million live accounts all over the world. Among the company’s offerings are a wide variety of account types, innovative products, cutting-edge platforms, tools, and educational resources. HFM also offers outstanding customer service and exceptional trading conditions.

US Stocks Decline as Fear of Fed Rate Hike Grows

The US stock market suffered a decline, as investors grew increasingly concerned about the Federal Reserve potentially raising interest rates in response to the hot job market.

The employment report released on Friday showed that the US added 379,000 jobs in February, far surpassing economists’ expectations of 180,000. This strong job growth has fueled concerns that the Fed may need to raise interest rates to curb inflation, which could slow down the economy.

The Dow Jones Industrial Average fell by 0.9%, while the S&P 500 declined by 1.2%. The tech-heavy Nasdaq Composite saw the biggest drop, declining by 1.7%.

Investors also remained cautious about the ongoing progress of stimulus talks in Congress and the possibility of additional fiscal stimulus. The Federal Reserve has indicated that it will continue to support the economy, but a rise in interest rates could offset any positive effects from the further stimulus.

Analysts predict that the stock market will remain volatile in the coming weeks, as investors assess the potential impact of the hot job market on interest rates and the overall economy. However, many believe that the long-term outlook for the stock market remains positive, as the vaccination rollout and additional stimulus should continue to support the economy.

US Stock Market

The US stock market is one of the largest and most important stock markets in the world. It is made up of several exchanges, including the New York Stock Exchange (NYSE) and the NASDAQ, which together list thousands of publicly traded companies from a variety of industries. The US stock market is considered to be a barometer of the overall health of the economy, and the performance of the market is closely watched by investors, analysts, and policymakers.

Investors in the US stock market can buy and sell stocks through a brokerage firm and can choose from a variety of investment vehicles, including individual stocks, stock mutual funds, and exchange-traded funds (ETFs). The stock market has a long history of providing attractive returns to investors over the long term, although it can also be volatile and experience periodic downturns.

The Federal Reserve, the US central bank, plays a key role in the US stock market by setting monetary policy, including interest rates, which can affect the market’s performance. Additionally, events such as natural disasters, geopolitical tensions, and shifts in the global economy can all impact the US stock market.

Orbex to Exhibit at the Fintech & Crypto Summit Bahrain, as Diamond Sponsor

The sponsorship grants Orbex a prominent place to showcase its trading services and partnership opportunities at Bahrain largest fintech and cryptocurrency event

Orbex – a global multi-regulated financial services broker- has made an important announcement regarding its participation at the upcoming Fintech & Crypto Summit in Bahrain as a Diamond sponsor. In its turn, this is a perfect opportunity for Orbex to showcase its trading services and partnership opportunities at the largest fintech and cryptocurrency event in Bahrain. The location of the summit is the Crown Plaza Bahrain Hotel. On February 15 and 16, 2023, potential business partners and merchants are given a chance to speak with the Orbex team at booth 7.

The Fintech & Crypto Summit will enable the attendees to network, explore the most recent industry trends, and hear from the biggest names in the fintech and cryptocurrency space. One of the main dedications of the summit is promoting Bahrain as a key hub for the Middle Eastern fintech and cryptocurrency industry. Tens of thousands of traders and top industry figures are anticipated to attend, and the event will feature a variety of presentations and panel discussions that will allow guests to learn about the newest fintech products and developments.

Orbex’s delegation will represent different functions of the company, such as marketing, partnerships, and business development. Also, the team will give the expo visitors an opportunity to have one-on-one meetings and discuss trading, business, affiliation, and IB opportunities. Orbex’s renowned Research Team will also travel to Bahrain to attend the summit and present their insights on the global markets and online trading during various talks and panel discussions.

Orbex Chairman Abdallah Abbas commented on Orbex’s Diamond sponsorship of this year’s Bahrain Fintech & Crypto Summit emphasizing how proud the company is to exhibit at the largest fintech and cryptocurrency summit in Bahrain – a country representing the company’s stronghold. He also added that in recent years, Bahrain has fast-tracked its way to becoming a leading fintech and cryptocurrency hub in the Middle East, and the 2023 Fintech & Crypto Summit provides the perfect chance for Orbex to showcase the latest trading innovations and partnership opportunities.

About Orbex

Orbex is a leading global investment services firm offering award-winning forex and CFD trading services at some of the most competitive conditions. Since its inception in 2011, Orbex has committed to providing access to first-in-class trading and investing solutions that are backed by leading education, expert research tools, and the ongoing support needed to assist clients in navigating the global financial markets.

Dukascopy adds new indices for MT4 traders

Dukascopy Review
Dukascopy

Dukascopy is now enhancing its trading opportunities by introducing two new indices to the MT4 platform. Investors with Dukascopy Bank and Dukasocpy Europe Live accounts and Demo users can take advantage of these freshly added instruments for their portfolios.

Dukascopy customers can add the Volatility Index (VOL.IDX) and the South Africa Top 40 Index (SOA.IDX) to their trading portfolio. Also, it had recently expanded the list of CFDs with 28 Stock CFDs from Mexico, the Volatiltity Index (VOL.IDX/USD) and the South Africa Index (SOA.IDX/ZAR) for users of the proprietary trading platform – Jforex.

Dukascopy is continuously advancing the capabilities of its premier JForex4 platform, offering traders access to an ever-growing selection of 1,160 assets. These tools span from popular Forex currency pairs and gold bullion all the way to cryptocurrencies, stocks & ETFs.

MT4 is a complimentary trading platform with a limited list of trading instruments. In the near future, Dukascopy plans to announce the MT5 trading platform launch.

FCA Sees Rising Costs of Compensation Scheme, Looks for Improvements

The Financial Conduct Authority (FCA) has announced the next steps to improve its Financial Services Compensation Scheme (FSCS). The proposal to implement the changes was presented a year ago due to the rising concerns regarding increasing costs.

FCA

Financial services firms regulated in the UK must contribute to FSCS, which guarantees compensation if any authorized member of the industry becomes insolvent or cannot meet clients’ claims. The compensation scheme aims to provide additional protection for retail investors and increase confidence.

However, the local financial services providers report rising concerns that compensation liabilities could be a barrier to new companies looking to enter the market and to smaller players who may struggle to stay in business. It might reduce the availability of certain financial services in the UK.

“We welcome the constructive engagement and feedback which will inform the next phase of this work. We want to make sure the cost to the industry for providing vital protection to consumers through the FSCS is distributed in a fair and sustainable way – that the polluter pays. We’re continuing our assertive action to prevent harm from happening in the first place, which should help reduce the levy over time,” Sheldon Mills, the Executive Director of Consumers and Competition at the FCA, said.

The FCA began reviewing the compensation framework in December 2021 and accepted comments from interested parties until March 2022. On 14 December 2022, the regulator published a feedback statement highlighting the need to improve the regulated firms’ behaviour to reduce FSCS calls.

The regulatory watchdog has already taken action to address current concerns. In line with its investment strategy, the FCA is moving to a stricter approach to prevent potentially harmful companies from entering the market. The institution has also imposed twice as many restrictions on firms to block the sale of the riskiest financial products.

After reviewing and addressing the industry’s feedback, the FCA’s next phase of the FSCS review will analyze compensation limits and consider whether their level for particular types of claims is appropriate.

In addition, the regulator wants to survey firms and consumers to raise awareness of the compensation scheme’s impact on investment decisions and traders’ confidence. In the third step, the FCA will analyze funding class thresholds checking whether they remain at appropriate levels.

Admiral Markets obtained Kenya’s License

Admirals, a global financial tech provider, has taken its services to Kenya following the granting of their license from the Capital Markets Authority. As one of the first online forex trading brokers in East Africa, Admirals is poised to make waves across this vibrant and growing market.

Admirals

“Admirals hopes the achieving of this license shall assist further growth in Africa and grant access to a stringently regulated market,” Admirals said in a statement.

The new license comes six months after South Africa’s Financial Sector Conduct Authority licensed Admirals SA (Pty) Limited to provide contracts for difference (CFD) execution and share trading options in South Africa. Additionally, Admirals Groups AS opened a new office in Cape Town as part of its move to expand its client base in Africa.

Meanwhile, in a statement on Thursday, the company noted that its Cypriot and South African subsidiaries had signed an agreement to jointly take over Aglobe Investments Limited.

Details on the company’s site show that the firm is its subsidiary in Seychelles. Aglobe Investments Limited is regulated as a securities dealer by the Financial Services Authority of Seychelles.

Netflix Leads Streaming Stocks Lower

The streaming giant fell short on viewership for its new ad-supported platform.

Among the biggest losers in last week’s selloff were Netflix and other streaming stocks. NFLX shares fell 9% on December 15 following reports the streaming giant is falling short on viewership guarantees it made to advertisers for its new ad-supported streaming service. Shares are 1% higher in early trading Friday.

Investors had been counting on the new ad tier to draw a substantial audience, but the company reportedly delivered only around 80% of its expected audience.

The poor performance could mean Netflix may have to lower its ad prices. It had been seeking a relatively high $55 cost per thousand impressions (CPM), above the $50 CPM of Disney+. Advertisers are also faulting Netflix for not pushing its own market campaign for the ad-supported tier.

Netflix shares had climbed about 67% over the past six months, but are still down about 51% so far this year. Warner Bros. Discovery (WBD) and Paramount Global (PARA) shares also fell about 9% yesterday. Disney’s (DIS) stock price was down about 4%.

Interactive Brokers introduces PortfolioAnalyst Beta, offering an intuitive dashboard

Interactive Brokers (IB) Review
Interactive Brokers

Electronic trading major Interactive Brokers introduces PortfolioAnalyst Beta, now offering an intuitive dashboard with allocation, attribution, performance, risk metrics and more without the hassle of downloading PDF/CSV reports.

Users of the solution can view side-by-side summary statistics and drill down into details with historical periods, benchmark comparison, and frequency selection.

Interactive Brokers regularly expands the capabilities of PortfolioAnalyst, a solution that consolidates, tracks and analyzes one’s complete financial performance.

The solution now supports custom Time Periods and Cumulative Performance Statistics reports. When selecting Time Period and/or Cumulative Performance Statistics you will be asked to Include Long and Short Breakout Yes|No on the next page.

In addition, there are new crypto connections for external accounts. Coinbase, Kraken and Gemini connections are now available to link in PortfolioAnalyst.

Finally, Interactive Brokers now offers PortfolioAnalyst for all paper accounts. Traders can test trading strategies, generate performance on prospective client portfolios and experience Interactive Brokers’ robust platform before opening an account.

Turkey Stops the Supply of Oil not Under Russian Sanctions, Raising Global Supply Concerns

As a result of EU sanctions against Russia, Turkey’s newly-imposed insurance and G7 nation price cap regulations have created congestion in the Bosphorus Strait due to tanker delays transporting Kazakh oil.

Kazakhstan’s natural resources are transported to the global market through Russia, with officials able to verify their provenance through bill of lading records. The port city of Novorossiysk serves as a major hub for this activity and is helping fuel its growth on an international scale.

Approximately $1.2 billion of oil remains stranded due to around 20 million barrels being contained within vessels unable to move.

The Turkish insurance industry has recently implemented stringent restrictions for tankers transporting Russian crude, resulting in a slowdown of traffic between Russia’s Black Sea ports and the Mediterranean. This policy shift has had significant implications on maritime trade since its introduction this week – marking an unprecedented move by Turkey’s insurers to regulate oil transportation activity.

Refiners are facing a major challenge as delays accumulate, potentially impacting the supply of gasoline and diesel. To counter this problem, companies may source crude oil from other nations or reduce operational capacity due to lack of availability – raising alarm bells for Andrew Lipow, President of Lipow Oil Associates.

Kazakh oil is a global commodity, with customers spanning from the Far East to Europe and all the way to America’s eastern seaboard.

Join HFM’s Festive Contest and Win $1000

The award-winning forex and commodities broker HFM is happy to invite you to join this year’s Festive Guess and Win Contest, giving you a unique chance of winning one of FIVE $1000 prizes as cash or to invest in trading.

This is how you can join the contest:

You can get the seven “Secret Keywords” on the HFM App notification center every Tuesday and Thursday.

DOWNLOAD THE APP

FOLLOW HFM ON INSTAGRAM

Terms and Conditions to Apply

Contest period: 05 December – 30 December 2022

Note: To be able to receive the keywords, make sure you have the latest version of the app installed and notifications are turned on.

About HFM

HFM, formerly HotForex, is a brand name of HF Markets Group, an internationally acclaimed multi-asset broker that is a choice to over 3.5 million live accounts throughout the world. It has earned over 60 coveted industry awards during its twelve-year of operating. The company offers a wide variety of account types, innovative products, platforms, tools and educational resources. Besides, it has an outstanding customer service and unparalleled trading conditions to facilitate individuals and institutional customers to trade Forex and CFDs online.