Abstract:HFM, the former Hot Forex FX, and CFD broker has announced the debut of Cent Accounts, which allows customers to have their accounts valued in cents.
“By providing this cent account, we are opening up a world of potential for our consumers while also promoting sensible and secure online market participation.”
Cent Accounts are ideal for inexperienced traders, but also for experienced traders who want to attempt new methods or explore a new asset class since this feature allows users to trade in lower quantities, particularly smaller lots.
“Traders choosing to 'play it safe most of the time”
“At HFM, we endeavor to constantly be responsive to the requirements of our valued consumers. We understand that in the current economic climate, traders want to 'play it safe' more often than not, and we are here to assist. ”By providing this cent account, we are opening up a world of potential for our members while promoting sensible and secure market participation online,“ stated an HFM representative. ”I can certainly state that we planned this deal with every single detail in consideration. I am certain that our competitive cent account offer will appeal to a broad range of dealers.
HFM's new cent account also allows for leverage of up to 1:1000, which is normally not suitable for novices. Such huge leverage is obviously not permitted at the broker's CySEC-licensed firm.
The brokerage business also provides commission-free trading and a $5 minimum deposit. All account holders are assigned a personal manager who will guide them through the process.
HF Markets (HotForex) is a worldwide forex and CFD broker that allows traders to trade currency pairs, commodities, equities, indices, and cryptocurrencies. The Financial Services Commission (FSC) of the Republic of Mauritius regulates the corporation, which has offices across Europe, Asia, and Africa. They provide trading platforms such as MetaTrader 4 and MetaTrader 5 as well as instructional materials like webinars and market research to help customers with their trading. They provide several account kinds and leverage ratios. The broker has been in the market for a decade and has a reputation for supplying its customers with high-quality services.
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