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Regulated forex broker HotForex said on Monday it has launched its own proprietary self-branded trading application for Android and iOS mobile devices. It allows trading in forex, commodities, indices and shares and is available in English only.
The app was released on 16 March, 2016, in the Google Play store and on 1 April in the Apple Store. It has been already downloaded by 1,000-5,000 users for Android devices and a rating of 4.8 out of 5.
“The HotForex App is a great addition to every trader’s toolkit and our clients can use it alongside their HotForex mobile, desktop and web-based MT4 trading platforms to keep their fingers firmly on the pulse of the global financial markets,” a company spokesperson was cited as saying in a press release. “Plus, as the App was developed in-house, we will be able to introduce new tools and upgrade existing features with ease. Our clients now have reliable access to the most important Forex trading tools and resources on their Android and iOS devices and can expect even more great features and languages to be added in the coming months.”
The new application is an addition to the already supported MetaTrader 4 (MT4), a product of Greek software developer MetaQuotes and the leading forex trading platform.
The new applications seems to be a standard forex trading app with all the basics like trading calculator, customizable economic calendar, and traders’ board with market and order information. It also features a Daily Market Analysis prepared by HotForex’s chief market analyst, market overview of live streaming rates and news on contracts for difference (CFDs) on various trading instruments, as well as educational resources and data about bonus offers and promotions and forex trading webinars.
HotForex is the unified brand name of HF Markets Group, which operates under its subsidiaries HF Markets, licensed by the Mauritius financial regulator, the Financial Services Commission (FSC), and HF Markets (Europe), which holds a license by the Cyprus Securities and Exchange Commission (CySec). CySEC regulation allows access to the markets of all other EU countries.
The application was developed by HF Markets (Europe), which also offers another two apps for iOS devices for clients of Optiontrade, another forex broker under its control – Optiontrade for forex trading and OT668 for binary options trading.