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What is HFM? Learn details about HFM forex

Are you looking for a reputable, quality forex exchange with many incentives for traders? Have you heard about HFM exchangeing but don’t know much about this exchange? If you have these questions, read the following article shared by Learn Forex Trading to learn about What is HFM platform. Types of accounts available on the exchange and reasons why traders should choose to trade on the exchange.

What is HFM? General information about the exchange

HFM exchange is one of the emerging forex exchanges on the market. HFM Forex was founded in 2020 by a group of experts in the fields of finance and technology. HFM is headquartered in Seychelles and has branches in other countries. These include England, Germany, Switzerland, Netherlands, France, Italy, Spain, Portugal, Poland, Greece, Turkey, India, China, Japan, Korea, Singapore, Malaysia, Indonesia, UK and Thailand.

HFM forex exchange
HFM forex exchange

History of the formation of the HFM exchange

HFM was born in 2020. To provide traders with a modern, safe, and transparent forex trading platform. HFM wants to become a trusted partner of traders. Thereby helping traders achieve success in the forex market.

HFM has invested heavily in developing technology and trading systems to bring traders the best trading experience. HFM has also linked up with many reputable financial institutions to ensure high and stable liquidity supply.

See more: Latest HFM login instructions

HFM forex is regulated by which agency?

HFM is licensed and regulated by the Seychelles Financial Services Commission (FSA) with license number SD036. The FSA is an independent regulator of the Seychelles, responsible for supervising and regulating the activities of financial institutions in the region.

The FSA adheres to international standards of transparency and fairness in the licensing and supervision of financial institutions. The FSA also has the power to sanction or revoke the licenses of financial institutions that breach the law or fail to comply with license conditions.

Is the information about the HFM scam real?

On social networks and forex forums, there is some information that HFM is a scam. For example, not paying money to traders or committing fraud in transactions. However, upon careful examination, we found no evidence to support these allegations. On the contrary, we found many positive comments about the HFM platform from traders who have traded on this platform. Traders praise HFM for the following factors.

  • Diverse and reputable trading products
  • Attractive transaction fees
  • High and stable liquidity
  • The support team supports customers quickly and professionally
  • Attractive promotions and offers

Therefore, we can conclude that the HFM broker is not a scam broker. HFM is a reputable and professional forex exchange

Types of accounts available on What is HFM?

HFM offers traders 4 different account types to suit each trader’s needs and goals.

Premium account

Premium accounts are the most popular account type on HFM, suitable for beginner or moderately experienced traders. Premium accounts have the following trading conditions:

  • Minimum amount What is the difference between deposit and withdrawal: 100 USD
  • Maximum leverage: 1:500
  • Spreads start from: 1.2 pips
  • No commission fees
  • Minimum amount of currency: 0.01 lot
  • Maximum number of currency units: 50 lots
  • Maximum number of open orders: 200
  • Free swap support

HFM Pro account

HFM Pro account is an account type for professional or highly experienced traders. HFM Pro account has the following trading conditions:

  • Minimum deposit amount: 500 USD
  • Maximum leverage: 1:400
  • Spreads start from: 0.8 pips
  • No commission fees
  • Minimum amount of currency: 0.01 lot
  • Maximum number of currency units: 100 lots
  • Maximum number of open orders: 300
  • Free swap support

Zero HFM forex account

Zero HFM forex account is an account type for traders who want to trade with the lowest spreads on the HFM exchange. The Zero HFM forex account has the following trading conditions:

  • Minimum deposit: 1000 USD
  • Maximum leverage: 1:300
  • Spread starts from 0 pips
  • Commission calculation: 6 USD/lot
  • Minimum amount of currency: 0.01 lot
  • Maximum number of currency units: 200 lots
  • Maximum number of open orders: 500
  • Free swap support

Cent account

A cent account is an account type for traders who want to test trading strategies or learn with small amounts of money. The Cent account has the following trading conditions:

  • Minimum deposit amount: 10 USD
  • Maximum leverage: 1:1000
  • Spreads start from: 1.5 pips
  • No commission fees
  • Minimum amount of currency: 0.01 lot (equivalent to 1000 USD)
  • Maximum number of currency units: 1000 lots (equivalent to 10 million USD)
  • Maximum number of open orders: 100
  • Free swaps are not supported
    Types of accounts on the HFM exchange
    Types of accounts on the HFM exchange

Reasons why traders should choose to trade on What is HFM?

In addition to providing rich and flexible account types, the HFM exchange also has many other reasons why traders should choose to trade on this exchange.

HFM trading system

HFM uses the MetaTrader 4 (MT4) trading platform. One of the most popular and reliable forex trading platforms today. MT4 has a friendly interface, and diverse features and supports technical analysis tools, market news, trading robots and copy trade.

HFM exchange provides traders with more than 50 currency pairs. In addition, the HFM exchange also offers other products such as precious metals, commodities, stock indices, and cryptocurrencies.

HFM exchange has low spreads compared to other forex exchanges. Thereby helping traders save transaction costs and increase profits. HFM exchange also does not apply to requote or slippage, reducing risks for traders when the market fluctuates strongly.

HFM exchange has a fast and safe payment system. Allows traders to deposit and withdraw funds via a variety of methods, including bank cards, e-wallets, bank transfers, and cryptocurrencies. Withdrawal request processing time is only 15 minutes to 24 hours, depending on the payment method.

See more: Instructions HFM sign up account on the phone

HFM’s support team

HFM exchange has a professional and dedicated customer support team, ready to answer all traders’ questions and problems 24/7 through channels such as phone, email, online chat, and social networks. HFM exchange also has support staff in many different languages, including English, to best serve traders.

Reasons why traders should trade with HFM exchange
Reasons why traders should trade with HFM exchange

HFM bonus

HFM exchange has attractive promotions and incentives for traders:

  • HFM 100% bonus for the first deposit, helping traders increase trading capital and opportunities to make profits.
  • 30% bonus for each subsequent deposit, helping traders maintain trading capital and ability to bear losses.
  • Trading fee refund program (cashback), helps traders receive back a portion of the trading fees they paid to the exchange, from 2 USD to 15 USD/lot, depending on account type and trading volume.
  • Birthday gift program, helps traders receive a special gift from HFM on their birthday, which can be cash, vouchers, phones, tablets, or laptops.
  • The refer-a-friend program helps traders receive commissions from 10% to 20% of the transaction fee their friends paid to HFM when referring friends to register and trade on HFM.

So the article on Learn Forex Trading has helped you answer the question What is HFM? Thereby helping traders find reasons to choose to trade on this exchange. Including reputable and quality trading products, low and competitive transaction fees, high and stable liquidity, fast and professional customer support, attractive promotions, and incentives.

FAQs:

What types of accounts are there on HFM?

HFM exchange offers traders 4 different account types. This includes premium accounts, accounts, Zero accounts, and Cent accounts.

What is HFM?

HFM exchange is one of the emerging forex exchanges on the market. HFM was founded in 2020 by a group of experts in the fields of finance and technology.

Is the HFM exchange reputable?

HFM is licensed and regulated by the Seychelles Financial Services Commission (FSA) with license number SD036. FSA is an independent regulatory authority of Seychelles.

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