hfmarkets review: key findings 2022
Hfmarkets is a multi-asset broker firm that provides Forex & Commodities. It is previously known as HotForex, established in 2010 in St. Vincent & the Grenadines (its headquarters in Cyprus). The hfmarket’s Group consists of well-reputable brands like HF Markets & Hot Forex. hfmarkets is a globally-based broker, having more than 1,500,000 accounts worldwide. Their success and acceptance cannot be unnoticed because it has won over 25 international awards as a broker. The HF Markets is available in more than 27 different languages, although they do not accept the United States clients, Sudan, Canada, Syria, or North Korea.
Account opening with hfmarkets:
If you learn forex trading, you must be aware of the broker firm’s requirements for the online registration process. Online Registration of HF markets broker is a quick & seamless procedure. After following a few easy steps, you may get access to an account that must be appropriate for your basic trading needs. A minor deposit limit is also easily accessible, allowing you to test out the services of HF Markets without having a substantial funds commitment.
Methods of deposits:
HFM provides more than 14 deposit or money withdrawal methods to simplify the funding accounts,
Those methods are:
- Major credit & debit cards
- Wire transfers & domestic transfers available for some regions
- Vast of e-wallets, such as Cryptocurrency transfer, & more
The minimum deposit limit at hfmarkets:
HF Markets broker provides a fair minimum deposit for each type of account. It represents that they are dedicated to their client’s flexibility & give a comfortable entry, not depending upon the trading requirements.
Their Premium accounts can be opened against a minimum amount of $100, while Premium Pro accounts have a slightly higher minimum deposit requirement of $500. Instead, a client can open a zero spread account with a $200 minimum deposit.
hfmarkets regulation & licensing:
hfmarkets is authorized & regulated by many international institutions, such as the FCA & CySEC. When it comes to protecting the traders, all funds of the client are segregated, & hfmarkets offer market-leading insurance to their clients. It carries a civil liability insurance program worth approximately €5 million or $6 million.
This insurance plan protects hfmarkets from mistakes, negligence, fraud, omissions, & any other issues that may convert into financial losses. You would be enjoying this coverage at no extra charge. HF Markets also contribute to the Investor Compensation Fund to cover EU clients.
Mobile compatibility:
HF Market’s website is fully responsive & compatible with all devices. If you want to sign up or learn forex trading with this broker, you can quickly check it on your mobile.
In forex trading, MT4 & MT5 both offer mobile platforms. hfmarkets have also developed a complete application that aims to make the mobile trading experience as smooth & aligned as possible. Through the HF Application, you can conveniently manage your account & funds. You can also access the advanced charting functionality, regular market analysis, & much more. Whether a client is a novice or a veteran trader, the hfmarkets review team considers him an excellent partner. Essentially, hfmarkets offers everything a client needs to trade successfully.