Using the right trading tools can save your time and make analysis easier. Here are the trading tools that you can use at HF Markets.

HF Markets trading tools

HF Markets (HFM), previously known as HotForex, is a multi-asset broker that was established in 2010 and headquartered in Cyprus. The broker offers services in over 100 countries and has obtained licenses from several top-tier regulators, including ASIC, CySEC, and the FCA. Users can choose from over 1,000 CFDs and 47 forex pairs, while the fees are considerably low compared to other brokers in the industry.

Another benefit offered by HF Markets is the wide ion of trading tools. HF Markets understands the importance of using trading tools in a trader's success, so they offer a bunch of interesting choices with various different purposes. As not a lot of brokers offer them for free, so HF Markets' service can be a great opportunity to improve your trades.

Without further ado, let's explore the great trading tools offered by HF Markets.

 

Trader's Board

Trader's Board is an in-house developed trading tool that shows several important information regarding currency price movements, such as:

  • Currency Movers Charts. This feature allows you to make comparisons between different major currency pairs and see other clients' positions for each pair.
  • Live Charts. You can view live charts for EUR/USD, GBP/USD, USD/CHF, AUD/USD, USD/JPY, and EUR/GBP.
  • Volume per Symbol. This shows the volume traded by HF Makets' clients per symbol.
  • Forecast. This is a currency sentiment tool that highlights trading forecasts and possible future trends calculated by experts, which are displayed in three different time frames (1 week, 1 month, and 1 quarter).

 

Calculators

Trading calculators allow you to make calculations on various different things. At HF Markets' trading tools, there are eight types of calculators that you can use for free, namely:

  • Risk Percentage Calculator. This helps traders calculate their lot size by specifying the amount of funds that are prepared to risk, the opening and stop loss price, the account currency, and the currency pair.
  • Multitarget Calculator. This helps traders determine what portion of their positions should be closed at certain price levels to get the best risk-to-reward ratio.
  • Pivot Points Calculator. This helps traders identify support and resistance levels by specifying the High, Low, Close, and Current Open Prices for a specific time frame.
  • Pip value Calculator. This helps traders find the value per pip by entering the account currency, the currency pair used for trading, and the position size.
  • Position Size Calculator. This calculator allows traders to control risks by calculating their position size.
  • Swaps Calculator. This helps traders determine the interest that they must pay or earn for any CFD position held open overnight, credited/debited directly to the trade, and reflected in the account balance.
  • Risk and Reward Calculator. This enables traders to find the best targets and the respective risk to reward ratio based on Fibonacci retracements.
  • Fibonacci Calculator. This allows traders to calculate four basic Fibonnaci support and resistance retracement values at 23.8%, 38.2%, 50%, and 61.8%.

 

Economic Calendar

An economic calendar allows you to keep track of important market events and announcements. You can see the exact dates, times, and currencies involved, as well as the level of volatility of the market following the event. Such information is indicated by yellow, orange, and red bars, which mean low, average, and high, respectively. Simply click on one of the news to be redirected to the official report and get the detailed information.

HF Markets' Economic Calendar

 

Autochartist Tool

HF Markets have a special partnership with Autochartist that aims to help traders save time when reading charts. The Autochartist tool can be installed in the MT4 or MT5 trading platform. It is able to identify three types of tradeable patterns on the chart, namely Chart Patterns, Fibonacci Patterns, and Resistance Levels. This allows you to quickly scan the charts and find trading opportunities on the market.

In addition, the tool is very customizable so you can use various filters to find the perfect custom watchlist for your trade. You can also choose to monitor certain instruments only and get real-time alerts as soon as a new opportunity, analysis, or volatility report is identified. The tool works 24 hours so you'll never miss an opportunity ever again.

 

Premium Trader Tools

This service allows you to access various important downloadable tools which include advanced trading tools, user-configurable news, and trade analysis. Here is the list of tools that you can get from the Premium Trader Tools service:

  • Trade Terminal. A comprehensive trade execution and analysis tool that is designed to provide numerous trading features that are not typically present in standard trading platforms.
  • Mini Terminal. The extension of the Trade Terminal, designed for traders who wish to focus on a specific market.
  • Connect. Displays customizable news feeds and an economic calendar which can give you useful insights for your trades with higher flexibility. Through Connect, you can also access other HFM features such as market calendar, deposit function, educational material, webinar registration, and rewards.
  • Sentiment Trader. Shows trader sentiments based on real open positions on the market. You can choose to see historic sentiments or current sentiments on multiple symbols.
  • Session Map. Displays a quick market overview of the world's key markets. You can see the current global time, future events, and an overview of price movements for each market session.
  • Alarm Manager. A personal trading assistant that will notify you of any important event. It can also perform certain automated actions, such as opening positions or sending emails.
  • Excel RTD. A tool to gather and put real-time account, ticket, and price data into Excel. If you have basic programming skills, you can also use the tool to send commands from Excel or other COM environments.
  • Market Manager. Displays customizable symbols, accounts, and order activities on a small detachable window.
  • Correlation Matrix. Provides information on different time frames in the form of a matrix in order to help you make better decisions. The matrix shows correlations between different currencies and lets you highlight the areas with low or high correlations.
  • Correlation Trader. Gathers information from the Correlation Matrix and extends it so you can trade real-time differences in correlation between two markets at the same time.
  • Tick Chart Trader. Shows different types of tick charts, including traditional tick-by-tick line charts, timed tick charts, and tick bars.
  • MT4 & MT5 Indicator Package. Consists of several useful chart indicators available on both MT4 and MT5. This includes Renko Bars, Pivot Points, Order History, and more.

 

One Click Trading

HF Markets' tool for One Click Trading feature allows traders to execute trading positions with just a single click, thus simplifying the order placement procedure and helping traders execute orders at the best price possible. This is particularly useful for scalpers or traders who like to make multiple transactions in a short span of time. In order to enjoy this tool, you simply need to activate the service on your platform once.

HF Markets' One Click Trading

 

Exclusive Analysis

This service allows traders to get access to exclusive market analyses presented by numerous reliable experts. The analysis can come in various forms including articles, podcasts, and videos. It also covers a wide variety of topics such as technical analysis, fundamentals, commodities, and more.

 

VPS Hosting

In collaboration with Beeks Financial Cloud, the broker offers access to a VPS Hosting service that allows traders to run automated algorithmic strategy such as Expert Advisors 24 hours a day and 7 days a week on a virtual machine. It offers stability and flexibility as it is able to minimize risks commonly caused by power failures, internet cuts, computer shutdowns, and more.

The VPS Hosting service can be offered free of charge after completing certain criteria. Alternatively, you can subscribe to the paid version starting from $30 per month. Just simply log in to your HF Markets account and click on one of the VPS Hosting packages to activate the service.

 

SMS Alert Service

You can get instant notifications directly to your mobile phone with the SMS Alert Service. This way, you can keep up-to-date with the latest market news and events no matter where you are. There are two types of notifications that you can get, namely:

  • Flash Updates. This option will keep you informed about high-impact events that occur during the European Session and the US Session.
  • Autochartist Updates. This option will give you alerts on various things, including market highs/lows, huge price swings, Moving Average crossover events, overbought/oversold conditions, and breaches of support/resistance levels.

 

The HFM App

Aside from speedy trade execution, HF Markets also offers easy mobile trading via the HFM app. You can use the app for almost any trading purposes, including opening/closing trades with Premium Account, making deposits/withdrawals, and more. Just simply install the app on your phone and start trading anywhere and at any time.

 

MyHF Area

MyHF Area is an all-in-one account management tool that allows you to access all services provided by HFM. Available on desktop and mobile, MyHF Area is free for all clients and fully secure as it is built with advanced SSL encryption technology.

 

The Bottom Line

Based on the explanation above, we can see that HF Markets offers a bunch of trading tools that come with various purposes. Trading tools are mostly designed to make traders' lives easier, so it's definitely a great opportunity to increase your trading efficiency and minimize risks.

Website
Established
2010
Leverage
1:2000
Min Deposit
$0
Regulation
Capital Markets Authority of Kenya, CySEC, DFSA (Dubai), FCA, FSA (Seychelles), SVGFSA, FSC (Mauritius), FSCA
Bonus offers
Trading contests
Free education
Personal manager
Trading by telephone
PAMM
Segregated accounts
Managed accounts
Affiliate program
Islamic accounts available
Compensation scheme
Negative balance protection
VPS
Copy trading
FasaPay
Neteller
Skrill
WebMoney
Wire transfer

HF Markets is an award-winning forex and commodities broker. Established since 2010, the company provides trading services and facilities to both retail and institutional clients. For more than 9 years in business, HF Markets has around 1,500,000 live accounts opened and 200 employees globally.

Based on its services, HF Markets can be regarded as middle-class category. Clients do not need to prepare a big deposit for joining to trade with this broker. Also, there are various account types, trading software, and tools to facilitate individuals and institutional customers to trade forex and CFD online.

HF Markets is a registered brand name of HF Markets (Europe). Based on the location, the company is regulated by various financial regulators. Here are the details:

  • HF Markets (SV) Ltd, registered in St. Vincent & the Grenadine as an International Business Company with the registration number 22747 IBC 2015.
  • HF Markets (Europe), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with Licence Number 183/12.
  • HF Markets SA (PTY), is authorized and regulated as a Financial Service Provider (FSP) by the Financial Sector Conduct Authority (FSCA) in South Africa, under license number 46632.
  • HF Markets (Seychelles), incorporated under the laws of the Republic of Seychelles with registration number 8419176-1, regulated by the Seychelles Financial Services Authority (FSA) under Securities Dealer Licence number SD015.
  • HF Markets (DIFC) Ltd, authorized and regulated by the Dubai Financial Services Authority (DFSA) under license number F004885.
  • HF Markets (UK) Ltd, authorized and regulated by the Financial Conduct Authority (FCA) under firm reference number 801701.

If traders have more experienced, knowledgeable, and sophisticated trading environment, they can join to become Professional Clients, who can manage and assess their own risks. For that reason, these kinds of clients are granted access to more favorable rates but afforded lesser regulatory protections than retail clients.

Trading with HF Markets can enable traders to access a variety of trading instruments like CFDs on Forex, Cryptocurrencies, spot metals (gold, silver, and others), energies (oil and gas), commodities (such as coffee, copper, and sugar), indices, bonds, and popular shares such as Google, Apple, and Facebook.

HF Markets offers some of the tightest spreads in the market, starting from 0 pips in Zero Account. This broker quote major foreign exchange currency pairs to five decimal places. Therefore, traders have the opportunity to get more accurate pricing and the best possible spreads.

HF Markets receives numerous highly prestigious titles, including the huge honor of being ed to join the ranks of the World Finance Top 100 Global Companies. Others are Best Client Funds Security Global by Global Brands Magazine, Best Global Forex Copy Trading Platform by Global Forex Awards 2019, Fastest Growing Forex Broker Mena 2019 by International Business Magazine, and many more.

After opening an account in HF Markets, traders will obtain various forex trading platforms to accommodate all of their trading demands. Whether traders like to trade on desktop or prefer to trade on-the-go, they can use MetaTrader 4 on desktop (terminal, multi-terminal, and web terminal) and phone (iPhone, iPad, and Android).

Clients' funds are held in segregated accounts. Only major banks are used by Markets because they believe that successful traders have to give their full attention to their trading rather than worrying about the safety of their funds.

Traders do not need to worry about transaction fees when depositing and withdrawing. Transaction fees are not charged, and diversity of payment methods enable them to choose between Wire Transfer, Bank Card, and online payments (Neteller, iDeal, Sofort Banking, and Skrill). HF Markets ensures that traders make fast transactions 24/5 during the standard hours.

Traders can earn extra income by joining the affiliate program offered by Markets. Clients who join this program will get some advantages, such as 60% of Net Spreads based on the volume traded by sub-clients, up to $15 per a lot of net revenue, and many more. More information about HF Markets can be obtained on their official website which is supported in 27 languages.

From the review above, it can be concluded that HF Markets is one of the award-winning forex and commodities brokers. There are various account types traders can choose in HF Markets, and the broker itself becomes a favorite among traders for its low spreads. This condition is very suitable for traders with limited funds and a desire to get more opportunities to gain maximum profit.

The key is to find tools that could actually help you with your trades. For instance, if you are a scalper, you should be using tools like VPS Hosting or One Click Trading that allows you make fast executions. It's also a great idea to combine different tools to get maximum outcomes.

 


HF Markets is a global Forex and Commodities broker that facilitates both retail and institutional clients. Previously known as HotForex in the brokerage industry, HFM has positioned itself as the forex broker of choice for traders worldwide through their various account types and trading tools. Furthermore, HF Markets allow scalpers and traders use Expert Advisors unrestricted.