Get a full breakdown of HFM trading and non-trading costs in our review below. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex Lunar Capital reviews / CFD brokerages featured here.

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IC Markets

Minor currency pairs cost more, as commissions increase to $8.00, which extends to equity trading and other non-gold assets. The commission-based alternative is more competitive, with raw spreads of 0.0 pips for a commission of $6.00 per lot on major currency pairs. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using… Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Join the conversation and discover insights that can help you navigate the exciting world of currency trading.

Deposit & Withdrawal

Our analysis covers the broker’s legitimacy, regulatory status, trading conditions, and the veracity of claims regarding this specific partner code. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. HFM’s terms and conditions note currency conversion fees at reasonable exchange rates, which fluctuate continuously. Knowing the HFM fees will help traders understand what they must pay, why they must pay, and how those costs fare against competitors.

Non-trading fees are charged against account transactions other than trading, like deposits, withdrawals, and inactivity. Since trading fees are one of the most defining aspects in evaluating a broker, traders should carefully consider them in detail. FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. HFM charges no fees for deposits and withdrawals, but withdrawals via credit and debit cards take up to 10 days to be processed, which is slow compared to other brokers. Other trading tools available at HFM include a range of trading calculators, which can be used to calculate pip value, swap fees, risk percentages, and support and resistance levels. The MT5 mobile app supports live and demo accounts with full charting tools, pending and market orders, multiple indicators, timeframe analysis, and account overview.

Financial Controller jobs

Webinars on current events, advanced trading strategies, and risk and money management are run every few days. Video tutorials are available without registration, and these cover introductory concepts, Metatrader tutorials, trading strategies, and lessons in economic theory. Traditional deposits are handled on weekdays and conditions apply to each deposit option.

HFM charges between $6.00 and $8.00 per 1.0 standard round lot in commissions in its Zero Spread account. Commissions, if applicable, apply when traders open and close trades and swap rates on leveraged positions after the cut-off time. HFM additionally protects traders with its market-leading €5,000,000 civil liability insurance policy per client.

Mobile access is 24/7, and mobile apps employ the latest SSL encryption technology for security. It is also much easier to search for an instrument to add to the market watch list than on MT4. We recommend using MT5 if you are looking for a more powerful and faster trading platform when it comes to back-testing functionality for automated trading algorithms. There are three chart types, including Line, Bar, and Candlestick charts and you can access a wide selection of indicators in multiple timeframes.

Partner Program Facts

• There is no internal HFM withdrawal fee, except for a 1% charge in BitPay transactions, but traders should consider third-party processing fees and potential currency conversion charges by payment processors.
• We were also able to access the HFM podcast; generally published mid-week, this is a detailed look at recent market movements and a look ahead to potential market-impacting events.
• Commissions, if applicable, apply when traders open and close trades and swap rates on leveraged positions after the cut-off time.
• Video tutorials are available without registration, and these cover introductory concepts, Metatrader tutorials, trading strategies, and lessons in economic theory.

Traders who open a demo or live account will get access to the HFM e-Course. HFM has a competent in-house research team that produces high-quality and useful market analysis materials. The app also provides live webinar registration and demo account access. Features include account opening, fund transfers, customisable trading by amounts, lots or units, and comprehensive trade history with performance analytics.

Available Assets and Leverage

HFM offers five market execution accounts, three of which are standard trading accounts. Since our founding in 2010, we have become a leading global trading platform, empowering traders in 180 countries to access financial markets with confidence and ease.Our dedication to trust and transparency https://lunarcapital.vip/ sets us apart as a trusted partner in the industry. The timing of HFM trading fees varies, where spreads apply instantly when a trader opens a position. Despite being significantly less frequent than trading fees, traders should know about them to avoid confusion. HFM trading fees apply to each transaction and are asset and account type dependent.

HFM (HotForex) – Best Global Broker for 2025

HFM charges a monthly $5 inactivity fee after six months of dormancy. HFM supports USD, EUR, NGN, and JPY as account base currencies, but geographic restrictions apply on their availability. Therefore, a trader making a $200 deposit will receive $200. Swap rates, or overnight financing, apply on leveraged overnight positions, which triple on Wednesday to account for trades kept open over the weekend. The HFM commission-free pricing environment is not notably cheap, although it cannot be said to be expensive, with minimum costs of 1.0 pips or $10.00 per 1.0 standard round lot.

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. Trading Forex is risky, and each broker must detail how risky the trading of Forex CFDs is to clients.

Award-winning customer service and a client-focused approach to business mean that beginner traders at HFM can rely on excellent support. With new stories every few minutes, 24/5, this is an excellent resource for traders using all types of strategies. Overall, the quality of the educational content is very high, and HFM obviously does its best to educate beginner traders. These webinars do not require an account at HFM, but you will need to register

In partnership with FXSTREET, a respected market news aggregator and publisher, HFM provides a constant stream of news that impacts the markets. More experienced traders will also find the information and material on offer useful, especially the webinars and video analysis on more advanced topics. This course is well-structured and includes the basics of Forex theory and Forex trading, reading, and interpreting charts, trading strategies, trading psychology, and technical analysis.

HFM trading fees are spreads, commissions, swap rates, and currency conversion fees. Four of its six standard accounts have no minimum deposit requirements and have competitive trading fees. While the commission-free HFM pricing environment average, clients who trade major currency pairs in the commission-based alternative achieve more competitive trading fees.

How much does HFM charge for withdrawals?

Founded in 2010, HFM (HF Markets) has established itself as a global broker offering trading services across multiple asset classes. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. We work hard to offer you valuable information about all of the brokers that we review. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency.

HFM has reintroduced cryptocurrency trading, likely due to the popularity of the asset. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices.

HFM also offers support for MT4 MultiTerminal, providing a convenient method of managing multiple accounts simultaneously from a single interface. For MT4 users, the MT4 mobile app offers classic real-time charting, technical indicators, automated trading via EAs, and order management (market, limit, stop). Select another broker to another broker to compare features, fees, and platforms side by side. It also has several excellent trading tools to assist traders further.

How Are The Best Forex Brokers Scored?

While this tool is free, traders must have deposited at least 100 USD and made closed trades worth 10 lots or more in the previous two months. We were also able to access the HFM podcast; generally published mid-week, this is a detailed look at recent market movements and a look ahead to potential market-impacting events. From here, we were able to access monthly and quarterly outlooks, video analysis, special reports, and intraday charts. The focus is a market news blog, split between fundamental and technical analysis, and trader education.

• Copy trading is available on MT4 and HFM’s web platform, and each HFcopy account can follow one provider at a time.
• Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
• Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.
• We found that HFM’s customer support is better than most other brokers.
• Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry.

This is a much faster method of depositing and withdrawing funds than a standard bank wire, with deposits reflecting almost instantly and withdrawals received within 2 business days. As such, all non-profit funds are returned to the original deposit source. As a regulated broker, HFM ensures that all Anti-Money Laundering rules and regulations are followed. The VPS service is only available to traders using the MT4 platform. Autochartist’s advanced pattern recognition engine identifies the strongest potential trading opportunities and predicts future price movements. Overall, HFM provides a good selection of third-party platforms but lacks its own in-house trading platforms, which are usually more user-friendly.

Swap rapes on leveraged overnight positions are also competitive, and non-trading fees remain confined to inactivity costs. It has earned a reputation as a trusted and secure broker, as evident by 3,500,000+ live trading accounts. There is no internal HFM withdrawal fee, except for a 1% charge in BitPay transactions, but traders should consider third-party processing fees and potential currency conversion charges by payment processors. Non-supported currency deposits result in currency conversion fees. HFM levies currency conversion fees if the asset currency differs from the account base currency, for example, buying a Euro-denominated asset in a US Dollar account.