Trading with HFM does involve Fees, Spreads, and Commissions and the broker offers favorable and trader-friendly fee and charge structures. The trading fee structure of HFM is one of the most important factors to consider when deciding to sign up for an account.
| 🔎 Broker | HFM |
| 📈 Spread Types | Variable |
| 📌 Spreads From (pips) | From 0 Pip |
| 💵 Fees | ✔️ Yes |
| 💳 Commissions (Zero Spread Account) | ✔️ Yes |
| ✅ Max Leverage | 1:2000 |
| 💰 Minimum Deposit | $0 USD |
| 🚀 Open an Account | 👉 Click Here |
HFM Fees and Spreads – A Quick Overview.
Min Deposit
USD 0 / ZAR 0
Regulators
FSCA, DFSA, FSC, CMA. FCA
Trading Platform
MT4, MT5, HFM Platform
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
No Trading Fees
Account Activation
24 Hours
HFM Account Spread Overview
The term spread refers to the difference between two prices, rates, or yields. Here is an overview of the HFM Account Spreads:
| 🔎 HotForex Account | Micro Account | Premium Account | Zero Spread Account | Auto Account | HFCopy Account |
| 📈 Spread Type | Variable | Variable | Variable | Variable | - |
| 📉 Spreads from (pips) | From 1 pip | From 1 pip | From 0 on Forex | From 1 pip | From 1 pip |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
HFM Available Markets and Costs
HFM, allows investors to trade over 1,000 financial assets through that single trading account and the diversity of instruments and the number of trading opportunities are almost unlimited. Each available financial market has different characteristics and trends, we outline them below.
Forex
The Forex market is the largest financial market in the world, trading trillions of dollars ($) per day. HFM clients can directly take part through the HFM MT4 and MT5 trading platforms.
| 💰Financial Market | 📈 Spreads From | 🌓 Overnight Fee |
| Forex | 0.0 pips + $ 3 commission per one traded lot (Zero Spread account) | Overnight fee depending on the asset and position size (Swap values in points) |
| Spreads from 1.0 pips and no commissions (all other account types) |
Energies and Metals
Precious Metals are very popular financial products and on the HFM MT4/MT5 trading platforms investors can trade Gold, Silver, Platinum, and Palladium via CFD.
| 🔎 Financial Market | 💍 Precious Metal | 📌 Points |
| Energies and Metals | Gold | 0.29 |
| Silver | 0.03 | |
| Palladium | 11.4 | |
| Platinum | 4.31 | |
| Swap Values | Depends on Values |
CFDs on Stocks, Index, and Bonds
HFM also offers derivatives trading on the stocks of the world’s most important companies. Coupled with hundreds of stocks investors can also trade derivatives on the world’s leading indices.
| 🔎 Financial Market | 📊 Stock / Index / Bond | 📌 Points |
| Stock / Index / Bond | Ger30 | 1.41 |
| USA30 | 2.57 | |
| UK100 | 2.03 | |
| JPN225 | 9.3 | |
| USA500 | 0.41 |
Commodities
On HFM Mt4 and MT5 trading platforms, investors will be able to trade commodities, including US Cocoa, Coffee, Copper, US Cotton, and Sugar.
| 🔎 Financial Market | 💎 Commodity | 📌 Points |
| Commodities | Cocoa | 9.0 |
| Coffee | 0.98 | |
| Copper | 0.008 | |
| Cotton | 0.28 | |
| Sugar | 0.06 |
DMA Stocks
DMA or Direct Market Access stocks are a new introduction to CFDs trading. Stocks’ DMA will allow investors to place direct trades directly on the order books of global stock exchanges. HFM is one of the few brokers across the globe that makes this possible
- Floating spreads will depend on the exchanges.
- If a trader uses leverage there is an overnight fee depending on the asset.
ETFs
HFM enables traders to trade a wide range of ETFs from around the world in a wide range of sectors. This includes ETFs from Aerospace & Defense, Basic Materials, Commodities, Consumer Discretionary, Consumer Staples, Currency, E-Games/Sports and betting, Energy, Real Estate, Technology, Telecommunications, and much more.
- Floating spreads will depend on the exchanges.
- If a trader uses leverage there is an overnight fee depending on the asset.
Cryptocurrencies
Cryptocurrency is a market that is expanding rapidly and with HFM, investors can trade Cryptocurrencies in pairs with other currencies.
| 🔎 Financial Market | 💳 Cryptocurrency | 💵 Cost ($) |
| Cryptocurrency | BTC | 26.0 |
| ETH | 3.0 | |
| XRP | 0.014 | |
| LTC | 2.0 |
Aditional HFM Fees
Fees paid on Hot Forex can be broadly divided into 2 categories.
- Trading fees
- Non-Trading Fees
Trading fees are charged every time a trade is placed. These fees include spreads, commissions, overnight and rollover fees, and currency conversion fees. Non-trading fees are not directly related to trading and can include payment fees and inactivity fees.
The applicable trading fees are dependent on the particular market/instrument being traded.
Forex Fees
When trading currency pairs on HFM the following commission will be charged:
| 🔎 Account | 📈 Zero Spread Account | 📉 PAMM Premium Plus | 📊 Other Accounts |
| Major currency pair Fee | $6 per lot round turn | $10 round turn | None |
| Minor / Exotic Pairs | $6 per lot round turn | $10 round turn | None |
Stocks and index fees
The fees and commissions for stock CFDs are applied as follows:
| 🔎 Asset Class | ⚙️ Metals / Energies | 💳 Cryptocurrency | 📁 Bond CFDs |
| ✅ Commission | No Commissions | $1 commission per round lot turn | No Commissions |
| 📈 Spreads | Ranges from 0.01 to 11.4 in quote currency per unit. | Range between 0.0006 and 30.0 in quote currency per unit. | Tight spreads from 0.05 to 0.08 in quote currency per unit. |
Inactivity Fee
HFM does charge an inactivity fee on all accounts that are inactive for more than a six-month time period. If an account is unused for between six months and one year, a $5 fee is charged.
Min Deposit
USD 0 / ZAR 0
Regulators
FSCA, DFSA, FSC, CMA. FCA
Trading Platform
MT4, MT5, HFM Platform
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
No Trading Fees
Account Activation
24 Hours
HFM Pros and Cons
| ✅ Pros | ❌ Cons |
| Wide range of markets: Foreign Exchange, Stocks, Cryptocurencies, Gold, Silver, Copper, Government Securities, Mutual Funds, Exchange Traded Funds. | Offshore entities: Some regulations are in less secure offshore zones |
| Negative balance protection: But can’t lose more than its deposit. | No U.S. clients: Not available to U.S. traders |
| Multiple platforms: MetaTrader 4, MetaTrader 5, WebTrader, Mobile. | Basic research tools: Limited advanced analysis features |
| High leverage: Up to 1:2000 | Fees applicable when the account has been unused |
| Fast execution: Quick trades with low delays | Bonus restrictions: Bonuses vary by region |
| Strong regulation: FCA, FSCA, CySEC, DFSA, FSA | Transparency on fees: Some fees are less clear, depending on account and region |
Conclusion
Fees charged by Forex Brokers can be exorbitant or discouraging at times. However, HFM does not extort its clients in any way. For investors who are looking to trade currencies – HFM is the right broker for you.
You might also like: HFM Account Types Overview
You might also like: HFM Demo Account
You might also like: HFM Islamic Account Overview
You might also like: HFM Minimum Deposit
You might also like: HFM Sign up Bonus
Frequently Asked Questions
How many instruments can be traded with HFM?
The following wide range of financial instruments can be traded with HFM:
- Forex
- Commodities
- Bonds Shares
- Indices
- Stocks
- CFDs
- Metals
- Energies
Are Demo Accounts made available by HFM?
Yes. Demo Accounts are made available by HFM.
Which withdrawal options are offered by HFM?
Withdrawal options made available by HFM include Bank transfer, Credit cards, debit cards, and alternative options like Skrill. Withdrawal fees may apply.
Which deposit options are offered by HFM?
Deposit options made available by HFM include Bank wire transactions/transfers, Credit cards, debit cards, and alternative options like Skrill. HFM does not apply any fees for deposits.
Which powerful trading platforms are supported by HFM?
HFM supports both MetaTrader 4 and MetaTrader 5.
Does HFM offer negative balance protection?
Yes. HFM does offer clients negative balance protection.
Does HFM involve trading costs?
Yes. Please revert to our HFM review above for the complete breakdown.
What trading accounts are made available by HFM?
Accounts on offer include:
- The Micro Account
- The Premium Account
- The HFM Zero Spread account
- The Auto Account
Does HFM offer leverage?
Yes. HFM offers leverage up to 1:1000.
What spreads can I expect with HFM?
Traders can expect spreads by HFM from as little as 0.0 pips when trading Forex on the Zero Spread Account.
Does HFM charge a commission?
Commission is applies on Zero Spread accounts of between $3 to $4 per single side and $6 to $8 per round turn. Commissions are also according to two structures that determine charges according to the instrument and the volume traded.
Is HFM regulated?
Is HFM a recommended forex trading broker for experts and beginner traders?
Yes, HFM offers a good trading environment for all types of traders, from beginners to advanced.
Top 4 Brokers
