Rand / Dollar = 16.63
Rand / Pound = 22.26
Rand / Euro = 19.37
Gold (usd/oz) = 4 554.05
Platinum (usd/oz) = 1 961.20
Brent (usd/barrel) = 109.44

Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

HFM raises maximum Gold leverage to 1:2000

HFM raises maximum Gold leverage to 1:2000

HFM, a global multi-asset broker, has recently announced changes to the margin requirements and maximum leverage on Gold symbols.

Traders who want to invest in XAUUSD and XAUEUR will benefit from the following changes, which will apply to both new and existing positions on all account types:

Margin requirements

Reduced from 0.5% to 0.05%

Maximum leverage

Increased to 1:2000

All other features will remain unchanged and can be viewed by visiting the official HFM website or alternatively in the specifications on the trading terminal.

HOW TO TRADE GOLD IN JUST 3 STEPS

  1. Sign up
  2. Fund your account
  3. Start gold trading

OPEN AN ACCOUNT WITH HFM

HFM continues to revolutionize the financial markets by introducing its latest trading accounts. These cutting-edge accounts empower clients to trade across a diverse range of asset classes while enjoying unparalleled trading conditions. With features like increased leverage of up to 1:2000, swap-free trading options on selected accounts and instruments, swift deposit and withdrawal methods, and lightning-fast execution, HFM is reshaping the way traders engage with the global markets.

HFM invites visitors to explore their website: www.hfm.com

Louis Schoeman

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

November 1, 2023

Louis Schoeman

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

Accordion Content

🏆 Top 4 Brokers