Blackbull Markets has teamed up with HokoCloud to offer competitive copy trading products. Users can speculate on forex, stocks, crypto and more using the mobile-friendly social trading tool. Find out how the service works today.
HokoCloud is a Cyprus-based copy trading tool. The independent platform offers social trading services on currencies and CFDs. Since it launched in 2014, the firm has partnered with several leading brokers, including Moneta Markets and MultiBank.
Clients of Blackbull Markets can use the brand’s copy trading products at no extra cost. The solution also offers several interesting features. Firstly, users can connect multiple accounts across various providers. Investors can also analyse and follow trading strategies on social media while building interactive communities to exchange tips and tricks. Additionally, intuitive risk management tools make it easier to follow money management best practices.
Chief Executive Officer at HokoCloud, Rui Gago, commented: “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 Business Development Manager, Chris Georghiou, added: “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.”
About Blackbull Markets
Blackbull Markets is an ECN trading broker that offers 300 popular instruments. The firm has more than 10 years of experience in the financial markets and holds licenses in New Zealand and the Seychelles.
As well as HokoCloud, investors can use ZuluTrade and MyFxBook for copy trading services. The industry-favourite MetaTrader 4 and MetaTrader 5 platforms are also available as a free download.
Spreads are competitive at just 0.2 pips on major forex pairs while commissions start at $3.00 per lot round turn. Commission rates are also negotiable on the ECN Institutional account. Importantly, high leverage is available to active traders, with 1:500 rates available to those speculating on currency pairs and precious metals.
The top-rated brokers now offer market-leading social trading tools like HokoCloud. As a result, Blackbull Markets is well-positioned to capitalise on the growing demand for top-rated copy trading products.