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Is HFM a good broker?

Is HFM a good broker?

Hotforex, also known as HFM, is an award-winning forex and commodities broker providing trading services and facilities to both retail and institutional clients. Founded in 2010, Hotforex is regulated across multiple jurisdictions and has grown to serve over 2 million clients worldwide.

What is the minimum deposit on HFM?

Fund your Account
Options Min. Deposit Amount Max. Deposit Amount
R100 10,000 USD
100 USD Unlimited
Credit/Debit Cards
5 USD 10,000 USD

What is HFM in trading?

HFM is a multi-regulated online CFD broker providing traders access to opportunities in the global markets. Trade Forex, Shares, Indices, Commodities, Cryptocurrencies and more with Nigeria’s No.

What is HFM use for?

What is HFM? | Find Out More
What is Hyperion Financial Management? Oracle Hyperion Financial Management , or HFM, is a financial consolidation and reporting application designed to be used and maintained by the finance team.

How long does HFM withdrawal take?

HFM processes withdrawals the same day if it receives the request before 10 a.m. server time. Otherwise, it does so on the following business day. The average post-processing withdrawal time for the HFM withdrawal methods: Bank wires – Two to five business days

Who is the CEO of HFM broker?

HF Markets Group CEO George Koumantaris said: “We decided that it was time to embrace the future with a shorter, more memorable and more modernized name and for our brand to evolve alongside our ever-expanding product offerings.

How much does it cost to start trading on HFM?

With no minimum opening deposit and leverage up to 1:2000, the Zero account is an accessible, swap free, low-cost trading solution that is suitable for all traders. Receive RAW, Super-Tight Spreads from leading liquidity providers with NO hidden markups and commissions starting from a low $0.03 per 1k lot!

How do I withdraw profits from HFM?

You can withdraw at any time from the funds that are surplus to any margin requirement. To request a withdrawal, simply login to myHF area (your Client Area) and select ‘Withdraw’. Withdrawals submitted before 10:00am server time are processed on the same business day between 7:00am and 5:00pm server time.

What is the minimum withdrawal in HFM?

Making withdrawals easy
Min. Withdrawal Amount Withdrawal Time Withdrawal Fees
5 USD Instant None
10 USD Up to 24 hours No Fees
100 USD Up to 10 minutes None
10 USD Up to 10 minutes None

Is HFM regulated in Nigeria?

HFM Nigeria’s posts

HFM is a multi-asset regulated and licensed global broker, providing trading services and facilities to both retail and institutional clients!

Does HFM allow scalping?

The HFM Zero Spread Account is one of the most popular choices, especially for scalping, which is allowed. The spread here is exceptionally low, beginning at zero pips on EUR/USD and averaging just 0.3 pips on the pair and maintaining low across all other assets.

How does HFM Forex work?

It is conducted through an electronic network of banks, corporations and individual traders exchanging currencies. For retail traders Forex is primarily used as a means for speculative investing and actual physical delivery of currencies is almost never intended.

How do I start trading on HFM?

HFM | HFM Online Trading App
How can I start trading within the HFM App? If you are a new client, you need to download the app through Google Play or the App Store, register and open a Live or Demo Premium trading account on the HFM platform only.

Does HFM offer no deposit bonus?

To be eligible for the HFM No Deposit Bonus, there are a few requirements that you must meet: You must be a new client of HFM and have not previously received the bonus. You must open a live trading account with HFM. You must complete the verification process.

How long does HFM deposit take?

Fund your Account
Options Min. Deposit Amount Deposit Time
Bank Transfers
200 USD 2 to 7 Business Days
Credit/Debit Cards
50 USD Up to 10 minutes

Does HFM use MT4?

MetaTrader 4 Trading Platform | MT4 | HFM South Africa
Yes, MetaTrader 4 is a free trading platform. HFM does not charge any fee for downloading or using MT4.

How do I deposit HFM?

Common deposit options include:
Bank Transfers. …
Credit/Debit Cards. …
Electronic Payment Systems. …
Cryptocurrency Deposits. …
Log into Your HFM Account. …
Access the Deposit Section. …
Choose Your Preferred Deposit Method. …
Enter Deposit Amount and Currency.

Does HFM have Cryptocurrency?

User-Friendly Interface: HFM’s platform interface plays a crucial role in facilitating cryptocurrency trading. A user-friendly design, intuitive navigation, and robust trading tools contribute to a seamless trading experience for both novice and experienced traders

Can I withdraw from HFM on weekends?

Withdrawal Procedure

Withdrawals submitted before 10:00 am server time will be processed on the same business day between 7:00 am and 5:00 pm server time. Any withdrawal request submitted after this time will be processed the following day (Monday to Friday only

What is the deposit bonus for HFM forex?

HFM Sign-Up Bonus. HFM formerly known as Hotforex sign-up bonus is structured as a + 20% bonus program. A trader has to deposit $50/R800 ZAR to earn a Deposit bonus of (50 USD/ R 800 ZAR.).

How much does HFM charge for withdrawal?

HFM does not charge any fees on withdrawal requests. Some banks and payment processors may charge a withdrawal transfer fee.

How do I connect my HFM to MT4?

When you are downloading the HFM MT4 Platform for the first time, you should see the list of servers available for you to connect to automatically. Choose the server you should connect to from this list.

What is the full name of HFM broker?

HFM is a unified brand name of the HF Markets Group which encompasses the following entities: HF Markets SA (PTY) Ltd is an authorised Financial Service Provider from the Financial Sector Conduct Authority (FSCA) in South Africa, with authorisation number 46632.

Is HotForex legit in Nigeria?

HotForex is one of Nigeria’s best-licensed forex brokers. The broker is regulated in various jurisdictions, including the UK’s FCA, the Dubai Financial Services Authority, the Financial Sector Conduct Authority (South Africa), and the Financial Services Authority of Singapore

Does HFM use mt5?

MetaTrader 5 Trading Platform | MT5 | HFM Nigeria
HFM offers multi-asset trading through the world’s most advanced next generation online trading platform MetaTrader 5.







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