Market data obtained from free resources are usually very broad and generic, but this isn't the case with HF Markets.
Just about anyone can be a trader, but only a handful of people can be master traders and maintain consistent profits in the long term. One of the most crucial skills that every skilled trader must have is the ability to do quality research and conduct a comprehensive market analysis. Whether you're a small or big-cap trader, gaining market insights relevant to the assets you trade is always important to improve your trading performance.
Aside from helping you understand the current condition, market insights can also help you adapt so that you can approach the market in the most effective ways possible. You can use the information to make better decisions on various aspects of trading, such as risk-to-reward ratios, risk management, trading indicators, and many more.
Contents
Where to Get Market Insights
You can obtain market insights from various resources. Some information is completely free, while others require some payment because they are offered by premium service providers. Here are some of the most common tools and data used to do market research:
- Free Resources
You can get free market insights from government-issued statistics, trade publications, or industry-organization data. Such information is typically broad and generic, so it might be best suited to only outline the macro-economic background as a start of your trading framework. - Market Data
You can obtain market data from big data companies or specific industry data providers. This information is particularly useful for corporations that have set up their own data analytics system and then use the information for strategy backtesting or making predictive reports. - Market Research Reports
Market research reports are available on reputable market research firms or syndicated data providers. The information is usually more specific and insightful in comparison to free resources, so they are usually more valuable. However, please note that markets and technology are constantly changing, so make sure that you are getting the most up-to-date version of the report to avoid wasting your time and money on irrelevant information. - Internal Resources
You can get this type of data from CRM or business development teams. If you own a company, you can actually use the data gathered from your own customers. It will help you understand your clients better and perhaps predict how they will react to new products or services. - Expert Networks
You can gain powerful insights by talking to other traders or experts. Learn how to ask specific questions that may help you sharpen your skills and inspire you to discover new fields to explore. - Paid Consultants
Lastly, you can also gain market insights from local or global consulting firms. Most of the time, business consultants can offer highly customized reports and recommendations to get your investment going. You can ask for advice and guides that could help you move forward with your trades.
HF Markets Analysis Tools
HF Markets is a widely known broker that offers various trading tools suitable for all kinds of traders. Unlike other brokers, HF Markets' Free Analysis Tool is undoubtedly one of the best in the industry, so it's a huge opportunity that you surely don't want to miss. In order to access it, just simply head over to the broker's website and find the data you need for free.
The following are various sections or tools that are available for you to explore:
Market News
This section displays all the important news that occurs on global financial markets, updated daily. The news covers various random topics related to trading, so it's a perfect destination if you're not looking for anything in particular. You can just scroll down to read all the news and perhaps gain new insights that will help you with your trades.
Market Analysis
There are several types of information that you can gather in this section, including:
- Daily Market Review: This is where you can find daily updates across various markets, written by expert market analysts. It also contains information about important events that happen on that day.
- Insights and Outlooks: In this section, you can find information about Fundamentals and Weekly Insights. The former allows you to read free articles about fundamental data, whereas the latter provides articles about weekly recaps and what events to look for in the following week.
- Special Report: This is where you can find more detailed and specific reports, such as reports about a specific stock, commodity, or central bank.
- Stocks of the Week: This contains articles about popular stocks, which are updated weekly.
- Technical Analysis: This is where you can find articles that focus on the technical analysis aspects on commodities, cryptocurrencies, FX cross, FX main, and indices and shares.
- Video Analysis: This contains live video analysis about various topics. The videos are mostly uploaded on YouTube, but you can choose to watch them straight from your browser or from the App.
- Podcast: HF Markets also offers weekly podcasts about topics related to trading. In addition to the audio, you can read a summary of the podcast in the article below it.
Market Outlooks
In this section, you can find a general outlook of the market depending on the time frame that you choose. There are three time frames available, namely monthly, quarterly, and annually.
Trading Tools
HF Markets allows users to navigate their website and access various services or tools more easily. In this case, you can just go to HF Markets' section on trading tools or click "Trading Tools" from the side menu, then choose to access Trader's Board, Economic Calendar, or Tools & Calculators. Look at the image below.
Live Webinars
Last but not least, you can join free live webinars to gain insights and knowledge from reliable forex experts and market analysts provided by HF Markets. The webinars are available weekly and completely free of charge. Each of them is followed by a Q&A session, so you are free to ask questions to the presenter in real time. You can even access past webinars to refresh your memory whenever you like.
Moreover, you can find the available webinar schedule at the bottom of the page. Just click "Register Now" under the name of the webinar that you want to attend and submit the necessary data about yourself to register. Here's an example.
In conclusion, we can see that HF Markets analysis provides various tools for free that are certainly helpful for traders with any level of expertise. Reports and market data on many topics related to trading are available on the website, which means they are accessible at any time. The best thing about it is that all of that information is completely free of charge.
Unlike other free resources, HF Markets is able to provide in-depth data and reports that can actually help traders make better decisions. For more information about HF Markets, please check the table below:
🌐 WebsiteHF 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.
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.
30 Comments
Ellington
Nov 20 2022
Is it enough to gain market insights from free resources?
Stacey Walters
Nov 28 2022
Ellington: Well, that truly depends on what you are looking for. Of course, if you paid for something, you will get better quality compared to the free one. But if just barely starting out in trading, I think it's not a bad idea to use the free resources from a broker. Afterall they have abundant materials that are enough to support beginners as well as advance traders. However, professional traders might need other approach to study.
Sweety
Mar 4 2023
Ellington: I think it doesn't matter where you study as long as it gives you new knowledge that can be applied in real trading. Whether it's free or paid, it's the same in my opinion. Yeah, the paid ones aren't necessarily good either... Just like market analysis at HFM, the educational content available is multi-format, competent, and more useful for beginners than what is available at most other brokers.
Traders who open a demo or live accounts will get access to the HFM e-Course. The course is well structured and covers the basics of Forex theory and Forex trading, chart reading and interpretation, trading strategies, trading psychology, and technical analysis. Video tutorials are available without registration, and this option includes introductory concepts, Metatrader tutorials, trading strategies, and economic theory lessons.
Webinars on current events, advanced trading strategies, and risk and money management run every few days. This webinar does not require users to have an account with HFM, but you must still register.
Overall, the quality of the educational content is very high and HFM is clearly doing its best to educate novice traders. More experienced traders will also find the information and materials offered useful, especially the webinars and video analysis on advanced topics. This is not uncommon in the industry, as most brokers will try to educate beginners, traders with more experience can often feel left out.
Ivan
Nov 25 2022
Can I access the data even though I'm not an HF Markets user?
Robert
Mar 4 2023
Ivan: Well, this is an interesting question, I'm also really curious about the answer. But I only get a little answer to my question. However, I don't run out of ideas to find out because I'm very curious.
I am also not a user of Hf Market. Even though I am interested in this broker, however, to decide to register with a broker must be decided carefully and should not be rushed. That's why I have been constantly browsing the websites of this broker. Even though I don't know much, maybe my explanation can give you a good understanding of the HF market.
Recently I attended a webinar provided by the HF Market broker. Wow, I was really impressed with the explanation from the presenter. The speaker is Stuart Cowell, HFM's Head Market Analyst. He explained in detail what I was confused about in trading. and yeah the way he conveys his metrics is also good and interesting. and yeah, are you curious about how I can join the webinar, even though I'm not a user of this broker? because you need to know that this Webinar does not require users to have an account at HFM.
Whalen
Mar 4 2023
Robert: I also agree with your opinion, this broker is quite easy to access even for non-single-pin users. I often monitor the forex market news on the HF Market broker's website. Easy enough and not too many conditions to open it. HFAnalysis – This is the hub for HFM's own market research content. His focus is on market news blogs, the separation between fundamental analysis and technical analysis, and trader education. From here traders can also access monthly and quarterly views, video analysis, special reports, and intraday charts.
I, who am not a user of HFM, can only benefit from the content provided by this broker. Access is also unlimited just because I am not a user of this broker. I believe that for education and market analysis, this broker is quite superior to other brokers.
It seems, I will register at HF Market in the near future, if you want to know more about it you can see it on this broker's website. thank you, HF Market, this is the best broker for education and market analysis.
Codutti
Nov 30 2022
What can I gain from weekly market reports?
Diego
Mar 4 2023
Codutti: okay I want to help answer, but I don't understand your question. what I got from your question is the weekly market report. What do you mean by fore market news which is always updated by HF Market every day, or is it market analysis which is reported every week?
HF Market is a good broker for beginners and experienced traders. HFM offers a relatively inexpensive Micro Account and support for both MetaTrader platforms, although many other international brokers also offer their own trading platforms – which are often easier for beginners to use.
Additionally, HFM has bespoke copy trading accounts, excellent customer support, and world-class educational content and market analysis.
In partnership with FXSTREET, a leading market news aggregator and publisher, HFM provides a constant stream of market-impactful news. While the main focus is on geopolitical events and macroeconomic movements, there have been reports of technical analysis – mainly from major banks and other financial institutions. With a new story every few minutes, available 24/5, it is a great resource for traders using all types of strategies.
A special report that is distributed by Hf Market every 2 weeks, contains the fluctuation of world interest rates, and what fundamental factors affect the current forex price. This is good news, considering that the policy factors of several countries, especially central banks, can affect the trading side. we as traders in the forex market must be able to analyze the market in order to avoid losses when opening positions.
Taafeef
Dec 6 2022
Are there live webinars for experienced traders?
Apollo
Mar 4 2023
Taafeef: Much like market analysis at HFM, the educational content available is multi-format, competent, and more useful for beginners than what is available at most other brokers. For beginner traders, HFM is good enough to learn how to trade well, when is it good to open trading positions, and much more.
I am sure, every broker must offer an educational center for users. apart from helping traders, yeah this is an interesting form of trading users. even so, each broker has a different quality of education. but after I attended several webinars provided by HF Market, I believe that this broker is indeed very responsible for the education provided, and chooses reliable and experienced presenters.
Webinars on current events, advanced trading strategies, and risk and money management run every few days. This webinar does not require users to have an account with HFM, but you must still register.
The trading materials provided in the webinar are tips and knowledge from forex experts. The webinar provided is also free of charge (free) and is held every week.
Marvel
Mar 4 2023
Apollo: I also agree with your explanation, HF Market Webinars are designed to enhance your FX knowledge and help hone your trading skills to give you the confidence you need to trade the markets! Whether you are a beginner or an experienced trader, this broker's experienced trading experts will guide you through the main forex strategies and concepts. In fact, this webinar presents material based on the analysis of the latest real case studies.
What I like most about the webinar is the question-and-answer session with live trading experts. Wow, I think the presenter of this webinar event was quite interactive with the participants, so I didn't hesitate to ask about the problems I faced while trading. this broker provides quality forex education and gives you a solid foundation to start trading.
The speaker was no less extraordinary, Stuart Cowell, HFM's Head Market Analyst, went directly as a guest speaker for this webinar. With over 25 years of experience working in globally recognized organizations in the City of London, Stuart Cowell is an avid proponent of keeping things simple, doing what's possible, and understanding how news, charts, and sentiment work together to deliver trading opportunities across asset classes and all time periods.
The speaker I like the most is Ady Phangestu, a market analyst from Indonesia. Author of a technical book on foreign exchange analysis, foreign exchange practitioner, and lecturer who has held seminars in various parts of Indonesia with hf HFmarkets. He is acting in the world of transactions for 12 years. He provides foreign exchange lessons and an introduction to financial products. Training on the basics of foreign exchange both offline and online.
In addition, this Broker also cooperates with Blue Sky Forex to provide excellent webinar material. Blue Sky Forex is part of the education and trading community of Blue Sky, a group of 5 Senior Traders with members from all over the world. Apart from providing excellent trader education webinars, the group is heavily involved in the research & development of cutting-edge trading techniques and technologies.
Allen Horace
Dec 10 2022
I think it's good for a broker to offer such abundant educational features. I especially like podcasts and webinars. No reason. I feel like it's an excellent way to learn things. But the most broker doesn't update their materials regularly, so I'm pretty bumped. How about HF Market?
Nam ra
Mar 5 2023
Allen Horace: HFM, formerly known as HotForex, is an award-winning multi-asset broker, providing trading services and facilities to retail and institutional clients. HFM is the unified brand name of the HF Markets Group which includes internationally licensed entities.
This broker provides educational services and a good trading experience for its traders. Not only experienced traders, but even beginners can also learn a lot from this broker. This broker gives what its users want by offering a variety of education. Starting from webinars, market analysis, podcasts, and others. Webinars on current events, advanced trading strategies, and risk and money management run every few days. This webinar does not require users to have an account with HFM, but you must still register.
Overall, the quality of the educational content is very high and HFM is clearly doing its best to educate novice traders. More experienced traders will also find the information and materials offered useful, especially the webinars and video analysis on advanced topics. This is not uncommon in the industry, as most brokers will try to educate beginners, traders with more experience can often feel left out.
The webinar on HF Market is always updated. webinars are held 2 times a week, so you don't need to worry.
Then, traders can also access the HFM podcast, which is generally published in the middle of the week, it is a detailed view of recent market movements and foresight to events that could potentially impact the market. Overall, the analysis provided by HFM experts is detailed and accurate, and on par with the internal research provided by other major international Forex brokers.
Swensen
Dec 16 2022
Is HF Markets safe to use?
Panzer
Mar 4 2023
Swensen: HFM supports the MT4 and MT5 platforms – but unlike most other brokers, it does not offer its own web-based platform – and has some excellent trading tools to assist more experienced traders.
The broker allows hedging, scalping, and copy trading, and offers an excellent ion of educational materials and market analysis to help new traders get started.
Founded in 2009 and headquartered in Cyprus, HFM is the global brand name of HF Markets Group. Here are the regulators overseeing this broker. Even this broker can also get a license from the FCA.
all client funds are held in segregated accounts with top-tier banks and HFM undergoes frequent audits of its clients' financial operations and operations. In addition, all clients have negative balance protection, which means they can never lose more money than is stored in their trading account.
But be careful with countries that are monitored by the FSA regulator. Unlike other regulators, such as ASIC in Australia and FCA in the UK, FSA St Vincent and the Grenadines does not compel HFM to limit leverage or become a member of a client compensation scheme.
Dalton
Mar 4 2023
Panzer: I want to add to your explanation. HFM has won numerous awards for its services and offerings over the years, recent honors include:
Best Broker in Africa 2020 (AtoZ Forex),
Excellence in Global Customer Service 2020 (International Investor Awards),
With years of responsible operations, regulation by some of the strictest authorities in the world, and a long list of customer satisfaction awards, HFM is considered a reliable and safe Forex broker. Although HFM's Indonesian clients are not as well protected as their EU and UK clients, the FSA provides adequate security including ensuring that HFM segregates client accounts from its own funds and undergoes frequent audits.
Oh yeah, almost forgot to mention that this broker also provides protection for negative balances. Volatility is common in the market. HFM's negative balance protection policy means that even when conditions are highly volatile and margin calls and stop-outs do not work properly, clients are not held liable for paying negative balances.
Bhatt
Mar 5 2023
Swensen: HF Market was founded in 2010 as an online forex and commodities broker offering a wide range of account options, trading software and trading tools to provide optimal trading conditions to individuals, Fund Managers and institutional customers.
Before giving an assessment of the features and services provided, it is better for you to know about how this broker guarantees the safety of the funds that you deposit. This is very important, in my opinion, because you cannot trade with a calm mind if you are overthinking your trading funds. I want to provide an explanation regarding what security is guaranteed by HF Market.
Client deposits are protected. HFM goes the extra mile to protect its obligations to Clients and other third parties with a Civil Liability insurance program of up to EUR 5,000,000 which covers the best protection on the market against the risks of error, neglect, negligence, fraud, and various other risks that could result in financial wrongdoing.
Client funds are held in a separate bank account from Company funds. Client funds are not included in the company's balance sheet and cannot be used to pay debts to creditors if the company becomes bankrupt or defaults.
Negative Balance Protection. the client will not be held liable for paying negative balances if market conditions are highly volatile and margin calls and stop-outs do not work properly.
Frederico
Feb 14 2023
whoa. There are lots of resources provided. To be honest, it usually makes me dizzy, you know, most of these sources. Just use one or two market insight sources for reference, you don't have to use the others! Besides, for technical traders, I don't think it's really important to read too much data like this. Remember, the market always repeats itself. Just focus on the conditions that occur on the chart. Well, that's my two cents. I'm not broker's hater or anything,.
Arthur k
Mar 5 2023
In my opinion, although hands-on practice in trading is important, we shouldn't neglect education. Apart from learning from experience, motivation for trading also needs to be increased to get even better profits.
taking part in webinars, listening to podcasts related to trading is one of the efforts to increase trading knowledge and motivation to make profits. For beginners, of course, you need guidance from trading experts to improve your trading skills.
Trying a demo account is also important before trading. and the good news is that HF Market provides this. HFM offers unlimited demo accounts, allowing aspiring traders to test trading strategies under real market conditions. The demo account is filled with 100,000 USD in virtual currency and has access to the MT4 and MT5 platforms.
HFM has a competent in-house research team and has partnered with several third-party analysis firms to provide more useful market analysis than is available at most other brokers.
Between the analytical tools and the scale of market research offered – in audio, text, and video formats – from in-house and third-party experts, HFM market analysis is far more useful than most other brokers – although about the same when compared to other international brokers with research budgets and great analysis.
Rashed Movin
Mar 23 2023
What are the specific features and tools available in the HF Markets Analysis platform that enable traders to gain a deeper understanding of the markets and make more informed trading decisions? Additionally, how does HF Markets ensure the accuracy and reliability of the analysis provided, and what steps can traders take to effectively use the analysis to optimize their trading strategies and maximize their profits? Finally, how does the HF Markets Analysis platform compare to other similar market analysis tools and platforms available in the market, and what are its unique advantages and limitations that traders should be aware of when using it?
Mohammed Rasel
Mar 23 2023
What types of market analysis are available for traders to access through the HF Markets Analysis platform, and how can traders use this analysis to gain insights into current market trends and potential trading opportunities?
Urashini
Apr 16 2023
Ok, I know HF Market Broker is a multi-licensed and regulated company that traders can trust for the safety of their funds. Your money is kept in segregated accounts only at level 1 regulated banks. You can fund or withdraw from your account instantly. The trading community both beginners and professionals admire this Australian broker for their extensive trading platform, including MT4, and MT5, and good trading conditions. very competitive.
But on the one hand, I am also interested in trading using copy trading services which are quite booming among traders lately. Copy trading is a service that can automatically copy trading positions that have been made by expert traders. the most profitable in my opinion is being able to increase profit potential because traders can imitate strategies that have been proven successful. Allows traders to follow more than one trader at a time, thereby increasing portfolio diversification.
In order to profit from this asset by copying trades, I need a broker providing this platform. I want to ask here if broker Hf Markets provides a copy trading platform. I'm quite curious about this. Please if anyone knows, help explain.
Marcail
Apr 17 2023
Traders have a choice of five account types, including the exclusive HFcopy account. HFcopy accounts are available for Strategy Providers and Followers who have joined HFcopy. Strategy Providers can open an HFcopy Account to build their Follower inventory and trade on behalf of their Followers in exchange for a Performance Fee. Strategy Providers only pay Followers if their strategy is successful.
The HF Market trading account cannot be converted into a strategy account or Follower account in Copy Trading (HFcopy). Once a trading account or strategy account has been created, the account type cannot be changed. We recommend that you create a new strategy account, or register as a strategy provider if you haven't already. But if you want to link the two accounts, you can. If you have an HF Market Account registered with the same email address as your Copy Trading account, it will be automatically linked - you can log in to your HF Market Personal Area with your Copy Trading credentials to confirm.
Also, HFcopy Follower Account and HFcopy Strategy Provider Account are separate account types. Therefore, one cannot join the program with other account types.
Each Strategy Provider sets a desired Performance Fee at the time of account opening. Followers can view these percentages on each Strategy Provider's performance page. Once the Performance Cost of a particular strategy is set, it cannot be changed anymore. The good news for you is that at HFcopy, you can be a Strategy Provider and a Follower, but as I explained before, you have to open a trading account Follower and Strategy Provider separately.
Loppe
Apr 17 2023
HF Market Broker offers HFcopy accounts and dedicated copy trading accounts. Yes, it is a good system because some brokers have to partner with other copy trading platforms like ZuluTrade to offer copy trading. Why I like copy trading. The only reason is that I prefer to make passive income trading rather than trading myself.
I used to prefer ZuluTrade when copy trading, why? Zulutrade because of its reputation as an independent and authoritative source for analysts, signals, effective strategies, account statistics and trader competitions.
All the advantages of ZuluTrade also apply to Autotrade tools. Most importantly, you can adjust the risk level and the maximum number of lots opened by the signals. You can also close the current trade at any time and reject signals from certain providers. Copy trading with ZuluTrade allows beginners to copy and trade the strategies of more experienced traders. Another advantage is that ZuluTrade has an easy-to-use dashboard and application interface. It's just that, some parties complained about the customer service provided.
Actually, there are several brokers that offer the Zulutrade platform, but HF Market is not one of them. But that doesn't mean the HFcopy account isn't worth using. This is my perception, because I prefer ZuluTrade, which has a good reputation. However, as an investor, I commend this broker for being able to offer its own copy trading account. HFcopy allows you to register as a follower with any strategy provider and follow any strategy. You can access your account to monitor trades, close positions, withdraw profits, set assist levels and volume allocation percentages, and much more.
Comparing HFcopy and Zulutrade is very difficult because ZuluTrade is a copy trading platform that works with many brokers. HFcopy is a copy trading account owned by HF Market itself.
Tony
Apr 16 2023
Even though I haven't tried real trading yet, I really like brokers that provide copy trading platforms because I feel all beginners really need this platform to trade while learning plus getting a profit too. At least with this platform, I can get trading knowledge from professionals.
It turns out that HF Market also provides many accounts that are suitable for beginners, scalpers, and experienced traders. there is also a MyHf Market account for traders who like copy trading but are more friendly with novice traders. HFM has a competent in-house research team and has partnered with several third-party analysis firms to provide more useful market analysis than is available at most other brokers.
HFM market research and analysis is divided into three main sections, each of which is of particular benefit to traders seeking market insights and trading opportunities. It is a hub for HFM's own market research content. His focus is on market news blogs, the separation between fundamental analysis and technical analysis, and trader education. From here traders can also access monthly and quarterly views, video analysis, special reports, and intraday charts.
In my opinion, opening an account at HF Market is not much different from other brokers which are quite easy and sophisticated. Besides opening an account, there's usually a document verification process, right? If I want to join my trading with this broker, do I have to verify my account? please explain also How do traders verify documents?
Blanco
Apr 17 2023
Opening a live account with HFM, including copy trading (HFcopy) accounts is very easy and takes less than 3 minutes. Just copy your HF account type, complete the online registration, and submit your documents. We encourage you to read our Risk Disclosure Statement, Client Agreement and Terms of Use before starting to trade.
First, you need to enter your name, phone number, email address, and date of birth. You must also choose whether you want your account base currency to be NGN, USD or EUR
Once this step is complete, you will be able to access your MyHF dashboard. It is the control center for demo accounts, live accounts, and finances. From the MyHF hub, you need the type of account that best suits you and submit a Know Your Customer (KYC) document. At least two documents are required for HFM to accept you as a personal customer.
ID - Color copy of your valid (non-expired) passport (PDF or JPG format). If you don't have a valid passport, we also accept identification similar to a photo, such as a KTP or driver's license. Proof of address - bank statements or utility bills. However, please ensure that the documents submitted are not older than 6 months and that your name and address are clearly visible. Important Note: The name on your ID must match the name on your proof of address.
Calista
Apr 18 2023
All Indonesian traders can open an account with HFM but must meet all minimum deposit amounts to do so, namely: Micro Account: 5 USD, Premium Account: 100 USD, ZERO Account Spread: 200 USD, Auto Account: 200 USD, and HFcopy Account: 100usd
Opening a live account at HFM is easy and takes less than 3 minutes. Although HFM also offers Corporate Accounts and Joint Accounts, we will focus on opening Individual Accounts:
To open a Demo account. The demo account allows you to trade risk-free by giving you access to the HFM MT4 and MT5 trading platforms, and unlimited demo funds.
To open a Live account. The live account allows you to open an account with real money to start live trading. You simply the type of account that best suits you, complete the online registration, submit your documents and you are ready to go. We advise you to read the risk disclosure, customer agreement, and business terms before you start trading.
In either case, the myHF area will be unlocked. MyHF area is your client area from where you can manage your demo account, live account, and finances.
Akash Joi
Apr 18 2023
Hi guys, I have basic knowledge about trading. I understand that knowledge alone is not enough to start trading at a forex broker, because it takes experience, and the right strategy to open a position on the trading market.
There are five different trading account types to choose from. Which makes HFM a good choice for many types of traders. Of course, Each trading account requires a different minimum deposit and a different maximum leverage. Maybe, If you are an active high-frequency trader, you might prefer to pay less for spreads but more for commissions and vice versa. Position traders generally prefer the commission-free account type.
I really want to be a trader, but I still choose the right and best broker for me to register. What platforms are used that are suitable for me to use in trading? I am confused because this broker provides two platform options (MT4 and MT5). Apart from that, how much is the minimum deposit if you want to open an account? Do you want to open a trading account that is suitable for beginners, OK? Does this broker provide a demo account for new traders like me? I hope the deposit amount is not too high, please if anyone knows can help explain...
Fricky
Apr 19 2023
HFM offers a choice of trading platforms that can be used on a variety of devices. MetaTrader 4 and MetaTrader 5 are compatible with PC, Android, and Apple devices. What's more, you can access the assets via the web trading platform.
The MetaTrader platforms are renowned for their reliability, which is why they remain relevant in the modern world. MT4 was developed in 2005 and despite its dated design, most Forex brokers offer trading software to their clients. MT 5 was released 5 years later, in 2010 and offers access to a wider range of trading assets. Meanwhile, MT4 is more focused on forex trading. MetaTrader is one of the most commonly used trading platforms, and it is mostly used by established reliable brokers.
The MT4 and MT5 platforms at HFM come with over 30 technical indicators and over 30 analytical tools. The platform also allows traders to hedge their positions. to choose which platform suits your trading style, it depends on your taste and experience as a trader. If you are a beginner I suggest you open a trading account with the MT4 platform because the features are simpler and easier to use.
This broker provides a demo account for its clients. The HFM demo account allows you to practice your trading strategy or to familiarize yourself with the trading interface. Every new/existing user can open unlimited demo accounts. The demo account can be used on MT4 or MT5 trading platforms, in simulated real trading scenarios. You have access to financial markets and conditions similar to real market life. Once your demo account is set up, the broker gives you up to $100,000 to start trading and test your strategy.
The Micro Account offered by HF Market is good for novice traders, with leverage up to 1:1000 and a minimum deposit of 5 USD. Variable spreads start from 1 pip on major pairs, which are tight for accounts with a low minimum deposit (most other brokers will have pips as wide as 1.5 pips on their Cent or Micro Accounts), and no commissions are charged. The only downside to this account is how traders can only hold 150 orders open simultaneously and lots per trade are limited.
The HFM trading account type is designed for traders who are new to the Forex market and making their first steps. Using a micro account, traders can place orders with a minimum contract size starting from 0.01 lots, and relatively lower deposit requirements.
Danielle
Apr 20 2023
Anti-Money Laundering is complied with. Thus, all non-profit funds are returned to the original source of deposit. Regardless of your deposit method, withdrawal of all profits must be made by bank transfer to a bank account in your name. Even though your minimum deposit for an HFcopy account is $ 100, it would be nice if you found out more about the depot method provided. Traditional deposits are handled on business days and conditions apply to each deposit option.
HFM does not charge any fees on deposits or withdrawals until the end. However, some intermediary financial firms may charge a transaction fee. Free Bank Wire deposits above 100 USD transactions. PayRedeem may charge a deposit fee and crypto payments are subject to a 1% withdrawal fee. Other than that all other options are free of any cost.