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​Why HFM’s trading tools and features are a game changer for Kenyan investors

Photo credit: HFM

HFM has established itself as a pivotal platform for Kenyan investors, offering a suite of advanced trading tools and features for both novice and seasoned traders. These tools not only improve the trading experience but also empower investors to make informed decisions in the dynamic financial markets.​

Comprehensive trading platforms

HFM provides access to industry-leading trading platforms, notably MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

MT4 is renowned for its user-friendly interface, offering over 50 indicators and tools, nine different timeframes, and one-click trading functionality. It supports automated trading through Expert Advisors (EAs), allowing traders to implement algorithmic strategies seamlessly. ​

MT5, the successor to MT4, offers improved features, including over 80 indicators and tools, 21 different timeframes, and the ability to display 100 charts simultaneously.

It also incorporates a built-in economic calendar and supports all order types, providing Kenyan traders with a versatile and powerful platform for comprehensive market analysis and trading execution. ​

Advanced charting and technical analysis tools

Technical analysis is essential for successful trading, and HFM's platforms are equipped with advanced charting tools that facilitate in-depth market analysis. Traders can visualise market trends, apply a variety of technical indicators, and develop strategies across various asset classes, including forex, commodities, indices, and cryptocurrencies.

The availability of multiple chart types, such as candlestick, line, bar, and Renko charts, allows traders to choose the format that best suits their analytical approach. ​

Autochartist integration

To further improve technical analysis capabilities, HFM integrates Autochartist, a powerful tool that automatically scans trading instruments in real time to identify chart patterns and key levels.

Autochartist provides alerts and notifications, seeing that traders never miss potential trading opportunities. Its volatility analysis feature helps in assessing market conditions, aiding traders in making informed decisions. ​

Premium trader tools

HFM's Premium Trader Tools package offers a range of professional-grade applications designed to enhance trading efficiency and decision-making:

  • Trade Terminal is a feature-rich tool that provides precision in trade execution, automated scaling out from positions, templates for frequently used order entries, and comprehensive analysis of open positions. ​
  • Mini Terminal is an extension of the Trade Terminal, it allows traders to manage trades directly from specific charts, offering convenience and efficiency. ​
  • Connect provides a user-configurable news feed and economic calendar, delivering personalised content and alerts on economic events, helping traders stay informed about market-moving news.
  • Sentiment Trader displays market sentiment based on real open positions, showing the number of traders who are currently long or short on a particular instrument. This tool also offers historical sentiment data plotted against price, aiding in understanding market dynamics. ​
  • Session Map provides a quick overview of the world’s key markets and time zones, displaying current global times, markers for upcoming news events, and an overview of price movements during each session.
  • The Alarm Manager acts as a personal trading assistant, notifying traders about specific events and executing automated actions, such as opening positions or sending emails, based on predefined criteria. ​

Mobile trading with the HFM App

Recognising the growing importance of mobile technology in Kenya, HFM offers a solid mobile trading application that allows traders to manage their accounts and execute trades on the go.

The app supports a wide range of trading instruments and provides real-time quotes, advanced charting tools, and popular technical indicators. It also offers secure access to multiple accounts, real-time alerts, and 24/5 multilingual support, allowing traders to stay connected to the markets anytime, anywhere. ​

Risk management tools

Effective risk management is essential for long-term trading success. HFM provides innovative tools, such as the Risk Calculator, which allows traders to calculate the correct trading volume based on their risk tolerance.

By entering the cash or equity percentage amount they are willing to risk on a trade, traders can avoid large capital losses and manage their positions more effectively. ​

Educational resources and customer support

HFM is committed to empowering Kenyan traders through education. The platform offers a wealth of educational resources, including online trading courses, educational videos, webinars, and events. These resources cater for traders of all levels, enhancing their knowledge and skills.

HFM also provides 24/5 multilingual customer support, ensuring that traders receive timely assistance and guidance whenever needed. ​

Final thoughts

HFM's comprehensive suite of trading tools and features positions it as a game-changer for Kenyan investors. These offerings not only boost the trading experience but also contribute to more informed and strategic decision-making, ultimately supporting the success of Kenyan investors in the global financial markets.