HF Markets

HF Markets is a well-established broker since 2010. HF Markets has headquarters in Kenya, Cyprus, United Arab Emirates, United Kingdom, Seychelles, St. Vincent & Grenadines, Mauritius, South Africa and Nigeria. HF Markets to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by Capital Markets Authority of Kenya 26/01/2022, CySEC 183/12, DFSA (Dubai) F004885, FCA 801701, FSA (Seychelles) 8419176-1, SVGFSA 22747, FSC (Mauritius) 094286 and FSCA 46632.

HF Markets operates under HF Markets (SV) Ltd, which was founded in St. Vincent & the Grenadine as an International Business Company. HF Markets is divided into two entities, HF Markets UK LTD and HF Markets Europe LTD. HF Markets Group is the branch that caters to traders from outside Europe, while HF Markets is the brand name for the EU branch of the company. The company claims to have more than 1,500,000 active traders served by over 200 employees in 27 languages worldwide.

In terms of security and transparency, HF Markets is very trusted. Client funds are kept separately in major global banks which ensures safety and liquidity. It can be confirmed that not only protect your funds, but HF Markets also complies with the strict regulations of the regulators in which it operates.

HFM Summary

Account Information

Apart from the forex demo account, this broker offers Islamic Account, Premium, Cent, PAMM, Micro and HFCOPY. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by HF Markets is up to 1: 2000 Meanwhile, you can open an account with a starting capital of $0.

HF Markets offers 6 available live accounts:

• Micro: The minimum deposit is $5 while minimum order volumes are from 0.01 lots. Spreads are variable. Micro offers advanced trading conditions such as scalping and hedging strategies, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading. However, it does charge swaps for overnight positions.
• Premium: Premium has a minimum deposit requirement of $5 while the minimum lot size is 0.01. Spreads are variable. The account is well regarded for its features including scalping/hedging capabilities, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading. There are also swap rates for holding overnight positions.
• HFCOPY: HFCOPY requires $500 minimum deposit for Strategy Provider and $100 for Strategy Follower. HFCOPY has a 0.01 lot minimum trade size. Clients can trade with variable spreads. The advantages of trading with this account are made up of scalping/hedging permission, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading. Swaps are also charged for positions held open overnight.
• PAMM: PAMM offers a minimum deposit of $250 with a minimum lot size of 0.1 and competitively variable spreads. This account has a range of features, including allowing scalping as well as hedging, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading. Unfortunately, it charges overnight swap fees.
• Cent: The minimum deposit at Cent account is $5 with the presence of variable spreads and a variety of advantages, such as scalping/hedging capabilities, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading. Position sizes start from 0.01 lots.
• Zero spread: To benefit from its variable spreads, clients need to deposit a minimum of $200. Additional features you can enjoy are scalping and hedging capabilities, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, as well as automated trading. The minimum trade size is 0.01 lots.

Fees

The broker charges spreads and commissions fees, which at HF Markets can be as low as 0.1 on ed premium accounts with an average starting pip of 1.0. Commissions are also charged on Zero Spread Account at a rate of $1 per lot. On CFD, commissions on stocks are 0.10% of the trade value. HF Markets will reimburse clients’ deposit fees which payment providers usually charged on bank transfers.

Instruments Traded

Besides lots of currency pairs, HF Markets also offers some instruments you would like to trade on, such as Forex, Metals, Energies, CFD, Indices, Bonds, Commodities, ETF, Cryptocurrencies and Physical Stock for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

HF Markets covers many of the most popular financial markets, including 50+ currency pairs, metals, energies, shares, indices, bonds, commodities, stocks DMA, and ETFs.

Payment Methods

Existing users can deposit money into their accounts through wire transfers, credit and debit cards as well as Skrill and Neteller. There is no transfer limit, but credit and debit cards are limited to $15,000 while Skrill and Neteller are $10,000. HF Markets will reimburse traders for the incoming wire fee charged by their bank on deposits above $250. The withdrawal method must use the same method as the deposit, with a minimum amount of $150 for wire transfers and $5 for other options.

Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, a price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitability by placing well-planned trades.

Hereby, HF Markets offers you MetaTrader 4 (Limited with 30 days), MetaTrader 5 and Social trading.

• MT4: Metatrader 4 is the standard for most Forex brokers due to its popularity among traders since it is a data-rich platform with an intuitive design and advanced tools, making it great for newcomers and experienced traders alike.
• MT5: MT5 is a more powerful platform than MT4, but unfortunately, it is not equipped with features such as hedging and lack of compatibility makes MT5 rarely seen by traders as the main trading platform. This is quite ironic considering the efforts made by MetaQuotes and Forex brokers to propel MT5 as the next-generation trading platform.

Unique Features

HF Markets offers a wide range of tools and services to enhance clients’ trading experience:

• Premium Trader Tools: Packed with a powerful set of features to complement the trading platform enabling a quick and simple overview of the Forex market and customized to suit your trading style.
• Autochartist: This third-party scanner is able to identify three types of patterns and detect trading opportunities. You will get this MT4 plugin for free as a HFM client.
• VPS hosting: HFM offers three packages that come with different computing power and storage capacities. Clients can enjoy it for free as long as they have made a certain minimum deposit. Fees start at $30 per month for those under the minimum deposit amount required, $/€/£5,000 for the Bronze Plan.
• HFcopy: allows traders to become a strategy provider and charges a fee each time someone copies their trades. Thus, the more people who copy your transactions, the more commissions you get. On the other hand, HFcopy is also useful for traders who do not have time to create their own strategies and prefer to imitate the strategies of others who are more professional.

Research and Education

HF Markets has an exceptional research section led by Head Markets Analyst, Stuart Cowell. The section consists of written analysis, videos, webcasts, and podcasts. The research covers both technical and fundamental analysis, comes daily, and features weekly insights as well as monthly, quarterly, and yearly views. This is a very comprehensive offering and is led by HF Markets.

HF Markets is also a great brokerage due to the top-quality educational materials it provides:

• over 20 video tutorials
• over 30 recorded Forex videos
• trading webinars with Forex experts
• HFM eCourse in Forex
• Glossary Of Economic Releases

Bonuses and Promotions

HF Markets has been known to offer various bonuses and promotions:

• HFM Merchandise: It is a wide range of top-quality products all branded with the HF Markets logo that will be given free of charge for clients.
• 2 HFM Bonus Offerings consist of a 100% supercharged bonus and a 100% credit bonus.
• Return on Free Margin that gives clients daily earnings credited directly to your wallet to trade or withdraw.
• HFM Trading Rewards Loyalty Program: The more active trading days traders accumulate, the more HF Markets Bars they’ll earn for each round-turn lot traded. HF Markets Bars can be exchanged with a lot of advantages.
• Trading contests from demo contests to gadget giveaways.
• Free and secure account funding by not imposing any additional fees on transactions made for depositing funds to your trading accounts.

Customer Support

Do you have any question or find any trouble related to HF Markets? If you do, you should reach HF Markets’s support to get the information that you need. Here is the detail of the broker’s customer support:

As HF Markets provides very complete information on trading to the point that customer service will never be used by its traders. In rare cases where support is required, traders can contact support directly through e-mail support tickets or by phone 24/5.