Blackbull Markets Expands Copy Trading Offerings, Ties with HokoCloud

New Zealand-based Blackbull Markets has become the latest broker to partner with the copy-trading platform, HokoCloud. Announced on Monday, this will allow Blackbull clients to access HokoCloud services without any charges.

Based in Cyprus, HokoCloud is an independent platform, offering social and copy trading services in the retail forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFDs trading markets since 2014. Over the years, the platform has partnered with several brokers, including Equiti, TrioMarkets, MultiBank and Moneta Markets.

“We are delighted to join forces with yet another global brokerage,” said Rui Gago, the Chief Executive Officer at HokoCloud.

“Having BlackBull Markets join our trading ecosystem will allow their clients to access a unique ultra-low latency platform, ideal for managing multiple MT4 and MT5 accounts simultaneously.”

Blackbull Markets is headquartered in Auckland and offers retail trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term services with its licenses obtained from the regulators in New Zealand and Seychelles. Other than HokoCloud, the broker is offering social trading services with ZuluTrade and MyFxBook.

The Popularity of Copy Trading Is Only Rising

Social or copy trading services allow novice clients to copy the strategies and trades of proven expert traders by allocating some funds. These services have become very popular over recent years, and almost all of the popular brokers are now offering such services.

ZuluTrade, which is one of the oldest and major players in the social trading market and a competitor of HokoCloud, was acquired by the financial services holding company, Finvasia, last December for an undisclosed sum.

Chris Georghiou, BlackBull’s Business Development Manager in Europe, said: “Social-trading and copy-trading are growing in popularity with our client base, and we expect the HokoCloud platform, which combines both aspects, will seamlessly fit their trading needs.”