de | cn | ru

Brokers News

HotForex Adds USD/RUB to Lineup of Currency Pairs

HotForex, the Forex brand of HF Markets Europe Limited, today announced the addition of one more currency pair - the USD/RUB (US Dollar vs Russian Ruble) - to its lineup of trading instruments. 

 

The new instrument can already be traded on the Metatrader 4 platform, which is supported by the broker. It will be available for all clients of the broker who use the MT4, apart from owners of FIX accounts. This means that holders of Micro, Premium and VIP accounts can now make use of the trading pair, which has been experiencing some steep changes in its price in tune with the increased market volatility accompanying the crisis in Ukraine.

 

And while we talk about the volatility we cannot skip the fact this has opened many new trading possibilities and has made the pair way more attractive to the Forex world. To respond to traders' demand for this trading instrument, many brokers have added it to their lists of trading products. One such recent example is Australia's IC Markets, while FxPro has extended the RUB crosses offering by making them available on cTrader too. 

 

Obviously, trading with RUB pairs is gathering speed and the next step would be heightened competition amid Forex brokers to offer the most lucrative conditions for these instruments. For that matter, we should mention that HotForex offers trading with USD/RUB with variable spreads - the typical spread is at 35 pips, which seems rather high to me, especially when compared with the ultra low spreads provided by FxPro on MT4 and cTrader. 

 

To trade on MT4 with HotForex you need only $50 in case you opt for a Micro account. This choice comes along with variable spreads (from 1 pip on majors like EUR/USD), as well as a lump maximum leverage of 1:1000. The ability to trade with micro lots (0.01 of the standard lot) is also a plus. The new pair makes a nice addition to the list of trading instruments that HotForex offers on MT4 - this list now includes 44 of the most liquid Forex instruments.

TAGS: hotforex  hotforex broker  cypriot forex broker  usd  rub  russian ruble  usdrub  russian currency  russia  us dollar  forex trading  mt4  forex platform  variable spreads  currency pairs  volatility  trading instruments 

More news about HF Markets (Hot Forex)

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

More Forex Brokers News

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

Fortrade is the first broker to get an ASIC license in nearly 2 years

Mar 20 2019 15:03:35

  Fortrade acquired a financial services license from the Australian Securities and Investments Commission (ASIC), which hasn’t been very welcoming of new retail forex broker applicants lately. Read more

FP Markets launches a suite of cutting-edge MT4 tools for traders

Mar 06 2019 14:31:42

  FP Markets, a market-leading Forex and CFD provider, launches MT4 Trader Toolbox, a suite of twelve online trading tools which will take their clients’ trading to the next level. Read more

Major broker IG launched its US website

Jan 31 2019 13:15:37

  Global brokerage IG launched its website intended for US retail clients (www.ig.com/us). Residents of the US (with the exception of those in Arizona or Ohio) can now register on the broker’s website in less than 5 minutes and start trading. Read more

de | cn | ru