All Share (J203) = 89 519
Rand / Dollar = 18.19
Rand / Pound = 23.46
Rand / Euro = 19.66
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

HFM Sign-Up Bonus

HFM Sign Up Bonus Review
 

HFM sign-up bonus is structured as a + 20% bonus program.  A trader has to deposit $50/R800 ZAR to earn a Deposit bonus of (50 USD/ R 800 ZAR.).

 

HFM Sign-Up Bonus Overview

 

🔎 Sign Up Bonus Available on - Micro Accounts
MT4 Trading Platform
⬆️ Balance Increase50%
💳 Minimum Deposit to qualify$50/ R800 ZAR
🚀 Open Micro Account👉 Click Here

 

HFM Sign-Up Bonus – A Quick Overview.

  1. ✔️HFM Micro Account Overview
  2. ✔️Step by Step Guide: How to open a Micro Account.
  3. ✔️HFM Pros and Cons – at a glance.
  4. Conclusion
  5. Frequently Asked Questions

 

hfm welcome bonus

 

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

 

  1. ✔️ 50% HFM Sign Up Bonus.
  2. ✔️ Available on Micro Accounts.
  3. ✔️ Available on the MT4 Trading Platform.
  4. 50% Account Balance Increase.
  5. Minimum $50/R800 ZAR deposit to qualify.

 

HFM Micro Account Overview

 

The HFM Micro Account is specifically designed for beginner traders who are new to the Forex market and for investors who wish to trade in smaller volumes. The HFM Micro account will allow investors to trade smaller trade sizes and open an account with a lower minimum deposit than a Classic account all from the powerful MetaTrader 4, MetaTrader 5 platforms.

 

🔎 Account Micro Account
📝 Trading PlatformsMetaTrader 4, MetaTrader 5, Webtrader and Mobile Trading
📈 SpreadsFrom 1 pip
✅ Trading InstrumentsAll Available
5️⃣ Fifth DecimalYes
⬆️ Maximum Leverage1:1000
🔍 ExecutionMarket Execution
💵 Minimum Deposit$5/R70 ZAR
📉 Minimum Trade Size0.01 Lot
🔎 Trade size increment0.01
📌 Maximum Total Trade Size7 Standard lots
📈 Maximum Simultaneous Open Orders150
⛔️ Margin Call / Stop out level40% / 10%
☎️ Telephone TradingYes
💵 Account CurrencyUSD, ZAR
🙋🏼‍♂️ Personal Account ManagerYes
💳 CommissionNo
🚀 Open a Micro Account👉 Click Here

 

HotForex Minimum Deposit Overview

 

Step by Step Guide: How to open a Micro Account.

 

1. Step 1 – Complete Your Personal Information.

The first step is to head to the HFM homepage. Simply click “Open Live Account” on the top right as shown below and proceed to enter your personal information.

 

open an hf markets account step 1

 

 

2. Step 2 – Complete Your HFM Live Account Profile.

All fields are mandatory in order for account activation to be completed.

 

HotForex How to open an Account Step 2

 

 

 

3. Step 3 – Upload requested Documents to Verify your chosen HFM Markets Live Account.

Traders will be required to upload specific documentation as verification of their registration.

 

4. Step 4 – Choose a Trading Platform.

The Verification of the HFM live trading account should generally be completed within minutes of uploading all documentation.  Once a trader is fully confirmed, they will receive an email notification as confirmation.

 

 

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 – at a glance.

 

 

✅ 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 1:2000Fees applicable when the account has been unused
Fast execution: Quick trades with low delaysBonus restrictions: Bonuses vary by region
Strong regulation: FCA, FSCA, CySEC, DFSA, FSATransparency on fees: Some fees are less clear, depending on account and region

 

 

You might also like: HFM Account Types

You might also like: HFM Demo Account

You might also like: HFM Fees and Spreads

You might also like: HFM Minimum Deposit

 

Conclusion

Overall, HFM includes great trading conditions, smart trading, superior trading tools, multiple account types, convenient platform options, and safe, secure trading.  HFM is an award-winning forex and commodities broker who is globally recognized for covering a well-rounded trading experience.

 

 

Frequently Asked Questions

 

 

Does HFM offer a sign-up bonus?

 

Yes, HFMrex does offer a 50% Sign-Up Bonus, applicable automatically to your account.  Increase your balance by 50% by simply making a $50/R800 ZAR deposit! Offer available on Micro Accounts and the MT4 trading platform.

 

Is the HFM Sign-up bonus available to South African clients?

 

Yes, the HFM Sign-up bonus is available to traders in South Africa when opening a Micro trading account for a minimum deposit of $50 or R800 ZAR.

 

Does HFM have a wide range of account options available?

 

Yes, HFM does have a wide range of account options available.  Types of accounts available include Micro, Premium, Zero Spread, Auto, HFCopy, and Demo accounts.

 

Are Demo accounts made available by HFM?

 

Yes, according to our HFM review, HFM does offer a free demo trading account for beginner traders. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. HFM practices forex trading in a 100% risk-free environment.

 

Is HFM a safe, well-regulated Forex Broker?

 

Yes, HFM is a safe, well-regulated Forex Broker, regulated by the Financial Conduct Authority or FCA.

 

Does HFM have any other Bonus offers?

 

Yes, HFM has other Bonus offers including a Supercharged bonus, a rescue bonus, and a credit bonus.

4.8/5 - (50 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 6, 2024

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.

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