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Abstract:The broker continues to enhance its account types to ensure optimal client satisfaction.
Global multi-asset broker HFM has announced the launch of Cent account, a new account type designed to allow every trader to trade with cent lots, thus opening much smaller positions, and also measure their balance in cents.
Cent accounts are geared towards beginner traders who want to put their trading skills to the test and learn the dynamics of the real market - all while not investing too much of their trading funds. Experienced traders can also trade on the Cent account to test new trading instruments and develop their strategies.
Traders who opt to open a new Cent account with HFM will be able to start investing with minimum margin requirements of only 10 US cents and trading with cent lots thus opening much smaller positions, as well as measure their balance in cents so there is no need to convert to dollar amounts. Besides featuring flexible leverage up to 1:2000, the newly introduced account has zero commissionand no swap feeson specific trading accounts and specific instruments.
An HFM spokesperson commented: “We are proud and excited to announce the launch of a new account option for our valued clients and partners. We have long believed that the trading world should be more accessible – not just for experienced traders – and we want to enable all our traders to choose the trading account that fits their financial goals and risk tolerance.”
The addition of the new Cent account by HFM aims to create a complete trading environment tailored to the needs of any trader, whether they are experienced or new to the world of trading, by offering award-winning conditions and a great selection of trading instruments.
Visit the companys websitefor more details about the Cent account.
About HFM
HFM, formerly known as HotForex, is a brand name of HF Markets Group, an internationally acclaimed multi-asset broker of choice to over 2,500,000 client accounts worldwide that has earned over 60 coveted industry awards in its twelve-year history. The company offers a wide variety of account types, innovative products, platforms, tools and educational resources besides outstanding customer service and unparalleled trading conditions to facilitate individuals and institutional customers to trade Forex and CFDs online.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
In conclusion, while it is theoretically possible to make $1 million at once in forex trading, achieving such a remarkable feat requires exceptional expertise, meticulous risk management, and a deep understanding of the complexities of the market. Aspiring traders should approach forex trading with rational expectations, a focus on continuous improvement, and an emphasis on preserving capital as the foundation for long-term success in this dynamic and challenging market.
Each type of account is tailored to meet the diverse needs and preferences of traders, ensuring that there's an option suitable for every level of expertise and trading style with Giraffe Markets.
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