BlackBull Markets, a copy trading platform that offers crypto market data and analysis to traders, has decided to bring on board HokoCloud as its cloud infrastructure provider. The company says it is able to offer better performance with the new partnership.
Blackbull Markets Taps HokoCloud To Expand Its Copy Trading Offerings. This is an interesting move by Blackbull as it looks to expand its offerings to more traders.
based in New Zealand HokoCloud, a copy trading platform located in Cyprus, has announced a cooperation with Blackbull. According to the release, the partnership would allow Blackbull to provide free access to HokoCloud services to its customers.
Clients will benefit from HokoCloud’s seamless trading features.
CFDs and retail FX traders may use HokoCloud’s social and copy trading services. The firm began operations in 2014 and has subsequently grown to other regions. It has worked with a number of brokers throughout the years, including Moneta Markets, MultiBank, TrioMarkets, and Equiti.
Rui Gago, HokoCloud’s Chief Executive Officer, remarked, “We are happy to join up with another another worldwide brokerage.”
He went on to say that the agreement with BlackBull Markets would provide customers free access to an ultra-low latency platform. They will be able to simply manage several MT4 and MT5 accounts at the same time.
Chris Georghiou, BlackBull Markets’ Business Development Manager, remarked that the business is eager to provide a greater range of trading tools as a result of the cooperation. He said that copy trading and social trading are fast growing in popularity, with more customers requesting these services. The HokoCloud platform, as planned, is positioned to deliver smooth trading options that meet client requirements.
BlackBull focuses on product development and market expansion.
The headquarters of Blackbull Markets are in Auckland, Australia. The firm uses a license received from authorities in the Seychelles and New Zealand to offer trading services. In order to provide its social trading services, the broker has teamed with other businesses. MyFxBook and ZuluTrade are two of them.
Copy trading and social trading allow new customers to learn tactics from more experienced traders. This service, which is provided by multiple trading platforms, is currently being used by a larger number of people.
Finvasia, a financial services holding firm, bought HokoCloud and its rival ZuluTrade last year, making it one of the market’s oldest and most popular social trading platforms. The purchase price, on the other hand, was not made public.
BlackBull Markets is a commodity, CFD, and stock broker. Since its inception, the broker has had constant development, increasing yearly and offering new products in a variety of markets throughout the world. The broker is still growing into new areas and will most likely sign into additional collaboration agreements in the near future.
The “mt4 to mt5 trade copier” is a tool that allows users to copy trades of other traders. It is an option for those who want to trade on the Blackbull Markets platform.