HotForex launches copy trading service

13 February 2018

(PRESS RELEASES) -- Internationally acclaimed multi-asset broker, HotForex introduced HFcopy, a service through which individuals can follow traders' accounts, essentially copying their trades.

Having invested in its in-house specialists and advanced technology to produce a proprietary platform for HFcopy, HotForex announced this powerful internally-developed solution aiming to make trading more accessible to a much wider audience.

The new product is directed at people wishing to get access to the vibrant trading world but never had the time to do so before. They can open Follower accounts, choose a strategy to follow and start copying trades. Moreover, HFcopy addresses traders who consider themselves more advanced and who can apply to provide strategies and trade in exchange of a Performance Fee, as high as 35%. They can open Strategy Provider accounts, trade and start receiving their rewards.

A HotForex spokesperson said, "Our goal is to offer our clients the latest in trading, however it is also our priority to protect them by providing them with full control over their funds. Followers can decide how much to risk, set their volume allocation percentage and access their account to monitor the trading, to close positions, or to unfollow an account any time they want to."

Strategy Providers are also catered for, with plentiful Performance Fees that are calculated based on the High Watermark regime and are paid out once a month. All the calculations are performed automatically so there's no need to stress. In addition, the Strategy Providers' profile and performance are recorded on a list so that followers can compare and make their choice.

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