HFM Unveils Innovative 'Cent Accounts' and Revamped Trading Conditions Amid Major Website Redesign
HFM has recently introduced a new account feature, known as "Cent Accounts," allowing users to denominate their accounts in cents. Alongside this innovative feature, the multi-asset broker has undergone a major website redesign and has streamlined its account setup process to offer a smooth and rapid onboarding experience for users.
By unveiling new trading accounts, HFM has significantly enhanced its trading conditions. These include high leverage reaching up to 1:2000 and swap-free trading on certain accounts and instruments. Moreover, HFM has facilitated swift deposit and withdrawal methods and offers ultra-fast transaction executions.
An HFM representative emphasized the firm's dedication to providing a solid trading environment and exceptional trading conditions to support the self-direction of its clients. The spokesperson further stressed that the needs of their clients and partners would continue to influence the company's decisions moving forward.
"The launch of our website redesign and improved KYC procedures marks an exciting new era for HFM. We are dedicated to serving our clients in the best way possible, with a focus on providing a streamlined and customized trading experience. In response to the increasing demand for user-friendly and personalized trading solutions, we've overhauled our website and KYC procedures to make online trading more accessible to everyone," the spokesperson explained.
The newly launched "Cent Accounts" are not only beneficial for beginner traders who are starting to familiarize themselves with the trading process, but also for experienced traders interested in experimenting with new trading strategies or diversifying into new asset classes. This feature facilitates trading in smaller volumes and lots.
In a significant stride towards multi-asset trading in September 2021, HotForex, which has now transitioned to HFM, launched Direct Market Access (DMA). This allows traders to directly place trades on the order books of global stock exchanges, accessing the same liquidity as the market underlying. DMA Stocks enhance visibility and flexibility, provide live direct market pricing, allow interaction with live order books of global stock exchanges, and mirror orders on the underlying market.
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