HFM minimum deposit required to register an HFM live trading account is USD 0. At the current exchange rate between the US dollar and the South African Rand, this minimum deposit is equivalent to R0 ZAR.
Min Deposit
USD 0 / ZAR 0
Regulators
FSCA, DFSA, FSC, CMA. FCA
Trading Platform
MT4, MT5, HFM Platform
Crypto
Yes
HFM Minimum Deposit – 10 Key Point Quick Overview
- ☑️Overview
- ☑️HFM At a Glance
- ☑️HFM Account Options
- ☑️Minimum Deposit Fees and Methods
- ☑️How to make a Minimum Deposit with HFM
- ☑️Broker Comparison
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
The minimum deposit required to open an HFM Pro Forex Trading Account starts at $5/R90 ZAR and will differ depending on the account choice.
Retail, Affiliates, and White Label clients can access various spreads and liquidity via state-of-the-art automated trading platforms in a tailored trading experience.
The broker focuses on the trading conditions like spread, required time to execute a deal, and account types available to the trader.
HFM also offers trading materials and instruments to help traders with their work.
HFM At a Glance
| Category | Details |
| Company Information | |
| 🏷️Company Name | HFM |
| 📍Headquarters Location | Cyprus |
| 📅Year Established | 2010 |
| 👤CEO/Founder | George Koumantaris |
| 🌐Global Offices | Over 10 locations worldwide |
| 🔖Licensing Body | FCA, FSCA, DFSA, FSA |
| 👥Group Companies | HF Markets Group |
| 🏛️Business Model | ECN/STP |
| 🌍Operational Languages | 20+ languages |
| 🏆Awards & Recognitions | Multiple awards in trading and service |
| Regulation and Security | |
| 🛡️Regulation | FCA (UK), FSCA (South Africa), DFSA (Dubai), FSA (Seychelles) |
| ✔️Compliance Standards | Strict adherence to regulations |
| 💼Client Fund Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🕵️♂️Financial Conduct Oversight | Regular audits and monitoring |
| 💰Insurance Coverage | Yes, up to €5,000,000 |
| 📋AML & KYC Policy | Strictly implemented |
| 🔒Security of Trading Platform | Advanced cybersecurity measures |
| 🛡️Investor Compensation Fund | Yes, depending on jurisdiction |
| 🖥️Cybersecurity Measures | Encryption and firewalls |
| Account Types and Features | |
| ⚙️Standard Account | Yes |
| 📊ECN Account | Yes |
| 🌙Islamic Account | Yes |
| 🎮Demo Account | Yes |
| 👑VIP Account | Yes |
| 💵Minimum Deposit | USD 0 / 0 ZAR |
| 💱Base Currencies | USD, EUR, GBP, and more |
| ⚖️Leverage Options | Up to 1:1000 |
| 📈Spreads (Fixed/Variable) | Variable spreads |
| 🔄Swap-Free Accounts | Yes |
| 🌐Account Currency Conversion | Supported |
| 🚨Margin Call Level | 50% |
| ❌Stop-Out Level | 20% |
| 🔄Hedging Allowed | Yes |
| ⚡Scalping Allowed | Yes |
| 🔁Copy Trading Support | Yes, through HFcopy |
| 👥Social Trading Features | Available |
| 💼Managed Accounts | Not available |
| Trading Conditions | |
| 🔍Average Spreads | From 0.1 pips |
| 💲Commissions per Trade | $6 per round lot (ECN accounts) |
| 🔢Leverage Range | Up to 1:1000 |
| 🚀Execution Speed | < 1 second |
| 📊Order Execution Type | Market execution |
| 🔄Slippage Policy | Minimal slippage |
| 📏Margin requirements | Flexible |
| ⏹️Stop-Loss and Take-Profit Orders | Supported |
| 🔁Trailing Stops | Supported |
| 🕑Pending Orders | Supported |
| 🔽Partial Fills | Supported |
| 🧾Dividend Adjustments | Applicable |
| 🌙Overnight Swap Fees | Applicable |
| 📆Rollover Policy | Supported |
| 🛑Guaranteed Stop Loss | Not available |
| Trading Instruments | |
| 💹Forex Currency Pairs | 50+ pairs |
| 🪙Precious Metals (Gold/Silver) | Yes |
| 📈Indices | Yes |
| 🌾Commodities | Yes |
| ⛽Energies (Oil/Natural Gas) | Yes |
| ₿Cryptocurrencies | 12+ major cryptos |
| 📉Stocks | Available |
| 🗂️ETFs | Not available |
| 🏛️Bonds | Yes |
| 📜Futures Contracts | Yes |
| 🛡️Options Contracts | Yes |
| ⚖️CFDs (Contracts for Difference) | Yes |
| 🔣Swap on Trading Board | Yes |
| 🔀Leveraged Instruments | Yes |
| 🎯Micro-Lot Trading | Yes |
| 💸Spread Betting | Not available |
| 🧺Currency Baskets | Not available |
| Deposits and Withdrawals | |
| 💳Deposit Methods | Bank transfer, cards, e-wallets |
| 💵Withdrawal Methods | Same as deposit methods |
| ⏱️Processing Time for Deposits | Instant |
| 🕒Processing Time for Withdrawals | 24-48 hours |
| 🚫Deposit Fees | None |
| 💵Withdrawal Fees | None |
| 🔢Minimum Deposit Amount | USD 0 / 0 ZAR |
| 📉Minimum Withdrawal Amount | $5 |
| 🚪Maximum Withdrawal Limit | No limit |
| 💱Supported Currencies | Multiple (USD, EUR, etc.) |
| ₿Crypto Deposits & Withdrawals | Supported |
| 🏦Bank Wire Transfers | Supported |
| 💳Credit/Debit Cards | Supported |
| 📲E-Wallets (Skrill, Neteller, etc.) | Supported |
| 🏘️Local Payment Methods | Supported |
| Trading Platforms and Tools | |
| 💻MetaTrader 4 (MT4) | Yes |
| 👩💻MetaTrader 5 (MT5) | Yes |
| 🖥️Proprietary Platform | No |
| 📱Mobile Trading App | Yes (iOS & Android) |
| 🌐Web-Based Platform | Yes |
| 🤖Trading Bots | Yes (supports Expert Advisors) |
| 🖧VPS Services | Yes |
| 🔌API Connectivity | Available |
| 📉Charting Tools | Advanced Charting Options |
| 🧮Custom Indicators | Yes |
| 🧠Market Sentiment Analysis | Yes |
| 📩Trading Signals | Yes (via tools and partners) |
| 🏷️Advanced Order Types | Yes |
| ⚠️Risk Management Tools | Yes |
| 📅Economic Calendar | Yes |
| 📰Market News Feed | Yes |
| Customer Support | |
| 📞Support Channels | Live Chat, Email, Phone |
| 🗨️Live Chat Availability | Yes |
| 📧Email Support | Yes |
| 📱Phone Support | Yes |
| 🌍Multilingual Support | Yes |
| ❓Help Center/FAQ | Yes |
| 👨💼Dedicated Account Manager | Yes (for certain account types) |
| ⏲️Response Time (Live Chat) | Immediate |
| 🕒Response Time (Email) | Within 24 hours |
| ⭐Support Rating | High |
| Educational Resources and Support | |
| 🎥Webinars | Yes |
| 🏫Seminars | Occasionally |
| 📖Trading Tutorials | Yes |
| 📊Market Analysis Reports | Yes |
| 📚E-Books | Yes |
| 🎬Video Library | Yes |
| 📜Glossary | Yes |
| ❔FAQs | Yes |
| 🆕Beginner Guides | Yes |
| 🚀Advanced Trading Strategies | Yes |
| Partnerships and Programs | |
| 📋IB Program | Yes |
| 🪪Affiliate program? | Yes |
| 🏷️White Label Solutions | Yes |
| 🎁Partnership Rewards | Yes |
| 🏛️Institutional Solutions | Yes |
| 🔌API Partnership | Yes |
| 🤝Referral Program | Yes |
| Fees & Charges | |
| 💳Deposit Fees | No |
| 📤Withdrawal Fees | Varies |
| 💤Inactivity Fee | Yes |
| 🌜Overnight Fees (Swaps) | Applicable |
| 💱Conversion Fees | Applicable |
| 💰Commission on Trades | Yes |
| Market Research Tools | |
| 📅Economic Calendar | Yes |
| 📰Market News | Yes |
| 📩Trading Signals | Yes |
| 🔧Technical Analysis Tools | Yes |
| 💭Sentiment Analysis | Yes |
| Additional Features | |
| 👥PAMM/MAM Accounts | Yes |
| 🔗Social Trading Platform | Yes |
| 🏆Trading Competitions | Yes |
| 🎁Loyalty Rewards | Yes |
| 👑Exclusive VIP Perks | Yes |
| Promotions & Bonuses | |
| 🎁Welcome Bonus | Yes |
| 💵Deposit Bonus | Yes |
| 🏅Trading Contests | Yes |
| 🌟Seasonal Promotions | Yes |
| 🎖️Loyalty Programs | Yes |
| User Experience & Reviews | |
| 🖥️User Interface Quality | High |
| 🔒Platform Stability | High |
| 📱Mobile App Reviews | Positive |
| ⭐Overall User Rating | High |
| 🌟Trustpilot Rating | Good |
| 😟Common Complaints | Withdrawal delays (in rare cases) |
| Mobile | |
| 📱Mobile App Name | HFM Mobile App |
| 🛠️Developer | HF Markets Group |
| 📅Release Year | 2010 |
| 💻OS Compatibility | iOS, Android |
| 🌐Languages Supported | Multiple (e.g., English, Arabic) |
| 📈Trading Instruments | Wide Range |
| 🔄Real-Time Data | Yes |
| 🛠️Charting Tools | Yes |
| 📊Order Types Supported | All major types |
| 🚀Order Execution Speed | High |
| 🔔Custom Alerts | Yes |
| 🤝Beginner-Friendly | Yes |
| 🔐Security Features | Yes |
| 🖥️Synchronization | Yes |
| 💰Deposit and Withdrawal | High |
| 📝Account Types Accessible | All |
| 🔄Switch Accounts | Yes |
| 💬In-App Support | Yes |
| 📚Educational Resources | Yes |
| 🎯Watchlist | Yes |
| 🌙Dark Mode | Yes |
| 🌐Social Trading | Yes |
| AI Trading Resources | |
| 🤖AI Integration | Yes |
| 📊Data Analysis | Yes |
| 📈Predictive Analytics | Yes |
| 🛠️Customizable Strategies | Yes |
| 📉Risk Management Tools | Yes |
| 🧑🏫Trading Insights | Yes |
| 🚀Execution Optimization | Yes |
| 🔄Portfolio Rebalancing | Yes |
| 📚AI Tutorials | Yes |
| 🎥Video Demonstrations | Yes |
| 🧑🤝🧑Webinars | Yes |
| 🔍AI-Powered Search | Yes |
| 🌟Beginner-Friendly | Yes |
| 🖥️Platform Availability | Yes |
| 📈Backtesting Capability | Yes |
| 🛠️Strategy Builder | Yes |
| 🔔Alerts and Notifications | Yes |
| 🔒Data Protection | High |
| 👁️🗨️Transparency | |
| Social Media Platformst | |
| Yes | |
| Yes | |
| Yes | |
| Yes | |
| 🎥YouTube | Yes |
| 👉Open Account | 👉 Open Account |
HFM Account Options
HFM prides itself on offering a wide variety of account types to its clientele, all with highly competitive and distinct trading conditions designed to meet the needs and demands of all types of traders.
HFM makes live Forex Trading accounts available, which respectively carry a minimum deposit and benefits selection:
| 🔎 Account | 📈 Cent Account | 📊 Zero Account | 📉 Pro Account | 📈 Pro Plus Account | 📉 Premium Account |
| 💵 Minimum Deposit | $0 | $0 | $100/ R1,800 | $250/ R4,700 | $0/ R0 |
| 📈 Maximum Leverage | 1:2000 | 1:2000 | 1:2000 | 1:2000 | 1:2000 |
| 📝 Spreads | Variable | Variable | Variable | Variable | Variable |
| 📑 Spreads from (pips) | From 1.2 pip | From 0 on Forex and Gold | From 0.5 pip | From 0.2 pip | From 1.2 pip |
| 📉 Max Simultaneous Open Orders | 150 | 500 | 500 | 500 | 500 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
HFM Account Deposit and Withdrawal Options
HFM Deposit Options:
- Bank Transfers
- Credit/Debit Cards
- Alternative Options
| 💳 Payment Method | 💵 Minimum Deposit | 💸 Deposit Fees | ⏳ Deposit Processing Time | 💵 Minimum Withdrawal | 💸 Withdrawal Fees | ⏳ Withdrawal Processing Time |
| 🏦 Bank Wire Transfer | $100 | Free (for deposits over $100) | 2–7 business days | $100 | None | 2–10 business days |
| 💳 Credit/Debit Cards | $5 | Free | Instant to 10 minutes | $5 | None | 2–10 business days |
| 💻 Skrill | $5 | Free | Instant to 10 minutes | $5 | None | Up to 10 minutes |
| 📱 Mobile Money (e.g., M-Pesa) | Varies by provider | Free | Almost instant | Varies by provider | None | Up to 2 business days |
| 🏦 Local Bank Transfers | Varies by provider | Free | Almost instant | Varies by country | None | Up to 2 business days |
| 💳 PayRedeem | $5 | Processing fees may apply | Instant to 10 minutes | $100 | None | Up to 10 minutes |
| 💰 Cryptocurrency (via BitPay) | $30 | Free | Instant | None | 1% fee | Up to 24 hours |
HFM does not apply any deposit fees.
HFM Withdrawal Options:
- Bank Transfers
- Credit/Debit Cards
- Alternative Options
Withdrawals submitted before 10:00 a.m. server time are processed on the same business day between 7:00 a.m. and 5:00 p.m. server time.
How to make an HFM Minimum Deposit
Step 1: Go to either the HFM App or the Website.
Navigate to the Login button available at the HFM website’s top.
Step 2: Click on “login” – myHF”.
Click on “log in”—myHF” to access the following step. Never share this information.
Step 3: Enter your Account ID & Password and Click the Red “Log In” button.
Enter the personal information required and log in to the user account.
Aside from great deposit method options, the payment method chosen determines the minimum deposit amount. Always verify this information with HFM customer support. Traders will typically be allowed to top up their live trading account from $5.
Step 4: Log in to my area and press “Deposit”.
Once a trader presses the deposit button located on the right side of the screen, Payment options will become available.
Step 5: Choose a suitable payment system and click on it.
The payment options available include Credit/Debit Cards, Bank Transfers, and alternative options.
Step 6: Choose the currency, type the amount of money you want to deposit, and press “Deposit”.
Investors can now select the currency and amount that they wish to deposit.
Step 7: Enter your Bank Card Details as needed and press “Pay.”
Traders will be required to enter their bank account details to complete payment.
Once you have successfully completed these 7 Steps to deposit a minimum amount, you will receive an on-screen confirmation.
10 Best Forex Brokers in South Africa for 2025
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Official Site
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Broker Comparison
| 🔎 Broker | 🥇 HFM | 🥈 AvaTrade | 🥉 InstaForex |
| 📌 Regulation | FSCA, DFSA, FSC, CMA. FCA | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | CySEC, FSC |
| 💴 Minimum Deposit | 0 USD | 100 USD | 1 USD |
| 📈 Trading Platforms | MetaTrader 4, MetaTrader 5, WebTrader | MetaTrader 4, MetaTrader 5, AvaTradeGO, WebTrader | MetaTrader 4, MetaTrader 5, WebTrader |
| 📉 Account Types | Cent Account, Zero Account, Pro Account, Pro Plus Account, Premium Account | Retail, Professional, Options | Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica |
| 📊 Leverage | Up to 1:2000 | Up to 1:400 | Up to 1:1000 |
| 💹 Deposit Methods | Bank Transfer, Credit/Debit Cards, E-wallets, Cryptocurrencies | Bank Transfer, Credit/Debit Cards, E-wallets, Cryptocurrencies | Bank Transfer, Credit/Debit Cards, E-wallets, Cryptocurrencies |
| 💶 Withdrawal Methods | Same as deposit methods | Same as deposit methods | Same as deposit methods |
| 💵 Withdrawal Fees | No fees, but bank charges may apply | No fees, but bank charges may apply | Varies by method |
| 🥰 Customer Support | 24/5 Live Chat, Email, Phone, Localized Support | 24/5 Live Chat, Email, Phone, Localized Support | 24/7 Live Chat, Email, Phone, Localized Support |
| ⭐ Languages Supported | Multiple including English, French, Spanish, Arabic | Multiple including English, French, Spanish, Arabic | Multiple including English, Arabic, Chinese, Russian |
| ✏️ Educational Resources | Webinars, Video Tutorials, Articles | Webinars, eBooks, Video Tutorials | Webinars, Video Tutorials, Articles |
| 📔 Trading Instruments | Forex, Indices, Stocks, Commodities, Cryptocurrencies, CFDs | Forex, Indices, Stocks, Commodities, Cryptocurrencies, Options, ETFs | Forex, Indices, Stocks, Commodities, Cryptocurrencies, CFDs |
| 🎁 Bonus Programs | On Occassion | On Occassion | 30% Welcome Bonus, 100% Deposit Bonus |
| 🫰🏻 FSCA Regulation | ✅Yes | ✅Yes | None |
| 🚀Open an Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Customer Reviews
🥇 Excellent!
HFM offers a decent range of assets with competitive spreads. Customer support is responsive. Education resources are basic. Multiple authorities regulate them. They are a trustworthy broker with a good reputation. Cons: Limited advanced trading tools. – John Smith.
🥈 Top Choice.
HFM provides a solid platform for traders. Spreads are competitive, especially on majors. Customer support is helpful. Education could be more in-depth. Reputable authorities regulate HFM. It is a trustworthy broker with a good range of assets. – Maria Hernandez.
🥉 Incredible.
HFM caters to various trader levels. Spreads are competitive, but execution speed could be improved. Customer support is efficient. Education resources are adequate. Multiple authorities regulate them. They are a trustworthy broker with a good range of assets. – David Lee.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Offers multiple account options | High leverage can increase risk |
| Provides tight spreads and low commissions | Lacking its own trading platform. |
| Offers comprehensive educational content | Support may be limited |
Conclusion
Overall, HFM is a well-established, well-regulated, and customer-oriented operation that provides a secure trading environment and a notable customer support team.
Loyal Customers and Major Banks rate HFM among the best International Brokers.
You might also like: HFM Account Types
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Frequently Asked Questions
What is the minimum deposit for the different HFM account types?
The Minimum Deposit requirements for the different HFM accounts are Cent account – $0 /R0 ZAR, Premium account – $0 / R0 ZAR, Zero Spread account – $0 / ZAR, Pro account – $100/ R1,800 and Pro Plus account – $250 / R4700.
Can I make the HFM minimum deposit with a credit card?
Yes HFM does accept Visa/Master cards as a funding method. The minimum deposit accepted with Visa/Mastercard is $5 / R70 ZAR and the maximum deposit accepted is $10 000 / R170243,50 at the current exchange rate between USD and ZAR at the time of writing
How can I make an HFM withdrawal from South Africa?
According to our HFM review the broker offers Bank transfers, Credit/Debit cards, and Skrill as withdrawal methods for South African traders.
How long does an HFM withdrawal with a Bank transfer take in South Africa?
You can expect the withdrawal from HFM to take anywhere from 1-3 business days.
How much are the HFM withdrawal fees for South Africa?
HFM does not charge withdrawal fees on their different withdrawal methods; however, South African traders should take note that should they withdraw an amount below the minimum withdrawal level they will have to cover all charges associated with that withdrawal.
