Overall, HFM offers cashback Forex Rebates on the Micro, Premium, PAMM Premium, PAMM Premium Plus, and Zero Spread Accounts of up to $4 per lot.
| 💰 HFM Cashback Forex Rebates | 📊 Micro Account | 📊 Premium Account | 📊 Zero Spread Account | 📊 Premium PAMM Account | 📊 Premium Plus PAMM Account |
| ℹ️ Forex | $4 per lot | $4 per lot | $1.50 per lot | $1 | $1 |
| ℹ️ Indices | $0.50 per contract | $0.50 per contract | $1.50 per lot | $0.25 per contract | $0.25 per contract |
| ℹ️ Precious Metals | $4 per lot | $4 per lot | $1.50 per lot | $1 per lot | $1 per lot |
| ℹ️ Energies | $0.50 per contract | $0.50 per contract | $1.50 per lot | $0.25 per contract | $0.25 per contract |
| ℹ️ Shares | $0.50 per contract | $0.50 per contract | $1.50 per lot | $0.25 per contract | $0.25 per contract |
| ℹ️ Payment Frequency | All rebates over $5 are paid directly to the HFM Trading Account There is a monthly cashback offered | All rebates over $5 are paid directly to the HFM Trading Account There is a monthly cashback offered | All rebates over $5 are paid directly to the HFM Trading Account There is a monthly cashback offered | All rebates over $5 are paid directly to the HFM Trading Account There is a monthly cashback offered | All rebates over $5 are paid directly to the HFM Trading Account There is a monthly cashback offered |
A Quick Overview of our HFM Cashback Forex Rebates Review:
☑️ HFM Rebates System Overview
☑️ HFM Conditions and Notes on Forex Rebates
☑️ How to Open a Forex Cashback Account with HFM (via SAShares)
☑️ HFM Forex Rebates Frequently Asked Questions
HFM Rebates System Overview
HFM offers a 100% Supercharged Bonus and Supercharged rebates to South African traders. Furthermore, there are no restrictions on pips or time when trading with HFM
The daily rebates for South African traders are automatically calculated and sent directly to their trading account at 2 am server time.
South African traders should note that HFM’s rebate value is equivalent to the USD pip value of the corresponding Forex product in quantities of 0.2 lots (20,000 units of the currency pair) for each successful Forex lot transaction.
Positions above 0.2 lots are eligible for HFM’s rebate, which also applies to South African traders. Lastly, South African traders’ Forex and gold rebates are determined by the volume traded. Moreover, the rebates are provided once the transaction is closed.
With SA Shares, South Africans can register an account with HFM to earn up to 30% in rebates according to the financial instrument they trade and the account type they use when participating in the rebates program.
HFM Rebates Payments
When South Africans earn rebates of US$5 and more, these are paid directly into their HFM trading account. HFM also pays monthly rebates on the previous month’s trading activities from the first to the last day of the month using these payment methods:
| ✅ Bank Wire Transfer |
| ✅ Electronic Transfer |
| ✅ Credit/Debit Card |
| ✅ Skrill |
HFM Conditions and Notes on Forex Rebates
| ✅ South African traders who register their accounts with the Seychelles HFM entity will not be eligible for rebates. |
| ✅ Traders from Portugal and France will not qualify for rebates. |
| ✅ Deals that involve margins from bonus funds will not be eligible for rebates, including those made by South African traders through a rebate partner/affiliate. |
| ✅ South African traders who engage in HFM’s Social Accounts, PAMM Managers, Hedges, and UK Share trades will not be eligible for rebates. |
| ✅ To trigger the rebate, a completed transaction is required, and the position must have been held for a certain time. |
| ✅ South African traders can collect a maximum cumulative rebate of $8,000. |
| ✅ Open positions with a duration of less than one minute are ineligible for rebates, which means that South Africans must be careful when they use scalping strategies. |
| ✅ South African traders with positions open for more than two minutes can receive 50% of the fixed rebate amount. |
| ✅ The minimum daily rebate for South African traders credited to their trading account is US$5. |
| ✅ Rebates will only be paid in USD, which also applies to South African traders with ZAR accounts. |
How to Open a Forex Cashback Account with HFM (via SAShares)
You can follow these steps to register for a Forex Cashback Account with HFM via SAShares.
For New Accounts
If you do not have an existing account with HFM, you can easily obtain a cashback rebate in three easy steps.
Step 1
Visit the HFM website and click “Open Account.”
Step 2
Submit your Trading ID to us: [SAShares]
For Example:
To: [SAShares]
Subject: New HFM Rebate Application
“Dear SAShares Team,
Please view my HFM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
Step 3
Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the HFM system.
Existing Accounts
If you have an existing HFM account, you can get a cashback rebate by following these easy steps.
Step 1
Send an email to HFM: affiliatesdept.za@hfm.com
Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]
For Example:
To: [SAShares]
Subject: Account Transfer Request
“Dear HFM Partner/Affiliate Team,
I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under mentioned IB regardless of whether my account falls under an umbrella or parent IB.”
Step 2
Once you receive confirmation of the transfer from HFM, you can create an additional trading account.
Step 3
Lastly, you can send your Trading or Client ID to [SAShares].
For Example:
To: [SAShares]
Subject: New HFM Rebate Application
“Dear SAShares Team,
Please view my HFM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.
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HFM Forex Rebates Frequently Asked Questions
Who is eligible for HFM rebates?
HFM rebates are available to all traders who meet the terms and conditions of the rebate program, including South African traders.
How are HFM rebates calculated?
HFM rebates are calculated based on the volume of trades made. The rebate value is equivalent to the USD pip value of the corresponding Forex product in quantities of 0.2 lots (20,000 units of the currency pair) for each successful Forex lot transaction.
When are HFM rebates paid?
Daily rebates are calculated automatically and sent directly into the client’s trading account at 2 AM server time.
Are there any restrictions on the types of trades that qualify for HFM rebates?
Yes, certain trades, such as those involving margins from bonus funds, HFM’s Social Accounts, PAMM Managers, Hedges, and UK Share trades, are not eligible for rebates.
Is there a maximum cumulative rebate that can be collected?
Yes, the maximum cumulative rebate that may be collected is $8,000.
Are rebates paid in USD only?
Yes, rebates are only paid in USD.
Are there any restrictions on the duration of open positions to be eligible for HFM rebates?
Yes, open positions with a duration of less than one minute are ineligible for refunds, and traders with positions open for more than two minutes can receive 50% of the fixed rebate amount.
How long does it take for HFM rebates to be credited to a trading account?
HFM rebates are credited to a trading account once a transaction is closed. The time it takes for the rebate to be credited depends on the specific terms and conditions of the rebate program.
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