HF Markets (hfm) offers a total of five account types: four types of accounts and one copy account. Many people may be confused about which account type is best for their characteristics, trading style, and actual trading. Let’s compare the different account types and think about which one is best for you.
Opening an HFM account is free.
To select an account type, you must first open an account. Please refer to the article below. There are many currencies, and you can invest in amounts as low as $5, $200, and $500. Platforms include MT4 and MT5. Please contact support for details. It is also possible to create additional accounts. All accounts, all types of currencies, no contract rejections, and you can make full use of your margin. Start investing with a small amount.
HFM account type comparison High spec account and bonus account
A comparison of account types is as follows: Copy accounts operated on behalf of other traders are dedicated to copy trading, so they are unlikely to be used much. The remaining four accounts are used by individual traders. There are many account types compared to other companies in the industry such as axiory, bigboss, fxgt, and exness. From here, there are also demo accounts, Islamic accounts, and corporate accounts. Account types cannot be changed, but additional accounts can be created. Margin call and loss cut levels differ depending on account type. In addition, the functions and order format are different from STP/ECN, and the transaction costs are also significantly different.
| Cent | Premium | Micro | Zero Spread | HF Copy | No deposit bonus | deposit bonus | |
| Order execution method | NDD/STP | NDD/STP | NDD/STP | NDD/STP | NDD/STP | NDD/STP | NDD/STP |
| Minimum deposit amount | $5 | $5 | $5 | $200 | $500 | – | – |
| Maximum leverage | 1000 | 500 | 1000 | 500 | 400 | 1000 | 1000 |
| Spread type | Fluctuation | Fluctuation | Fluctuation | Fluctuation | – | – | |
| Minimum spread | 1.0 pip | 1.0 pip | 1.0 pip | 0.0 pip | 1.0 pip | 1.0 pip | 1.0 pip |
| Maximum open position | 150 | 300 | 150 | 500 | 300 | 500 | 500 |
| transaction fee | Free | Free | Free | Free | Free | Free | Free |
| Bonus | × | 〇 | 〇 | × | × | 〇 | 〇 |
| margin call | 50% | 50% | 40% | 50% | 50% | 50% | 50% |
| Trade Instruments | Forex Metal | Forex Metal Energy Indice Stock Commodity ETF Funds Crypto | Forex Metal Energy Indice Stock Commodity ETF Funds Crypto | Forex Metal Energy Indice Stock Commodity ETF Funds Crypto | Forex Metal Energy Index: | Forex Metal Energy Indice Stock Commodity ETF Funds Crypto | Forex Metal Energy Indice Stock Commodity ETF Funds Crypto |
What is a high spec account?
HFM has an account type called a high-spec account. High-spec accounts include cent accounts, premium accounts, micro accounts, zero spread accounts, and even copy trade accounts. High-spec accounts refer to these general trading accounts. They are traditional trading accounts. High-spec accounts are swap-free. A wide range of financial products can be traded in a system. Even at an advanced level, you can trade according to your specifications and style on the app.
Cent account features
As a feature of the cent account, it is possible to trade with a lot size that is 1/100 of the usual lot size, so it is an account type for beginners and those who want to trade for the time being. Therefore, it will be a trial-only account type. If you are unsure about the account type, you should choose this account type. However, since it is also a trial account, the number of trading issues is small. Not suitable for those who want to trade in earnest.
Premium account features
Think of the premium account as a more formal account than the cent account. In terms of other Forex companies, it is equivalent to a standard account. You can receive three types of bonuses, and the maximum leverage is 500 times. This account type is recommended for those in their second or third year who have become accustomed to trading. Once you get used to trading on HF Markets, you should consider a premium account.
Micro account features
Micro account is an account type for beginners who can get a big profit with a small amount of funds. Along with the cent account, the maximum leverage is 1000 times, and there is also a bonus. And because there are so many trading stocks, it is a recommended account type for both stocks and virtual currencies. It can be said that it is an account type for practice rather than a cent account.
Features of Zero Spread Account
As the name suggests, the zero spread account is characterized by very narrow spreads. You won’t get any bonuses, but it’s a perfect account type for scalping traders. It is known for having fairly narrow spreads among the world’s Forex companies. Much narrower than the account spreads of XM, the largest FX company.
| Pair | HF Markets Zero Spread | XM Standard |
| USD/JPY | 0.8 Pips | 1.6 Pips |
| GBP/USD | 0.9 Pips | 2.4 Pips |
| EUR/USD | 0.7 Pips | 1.6 Pips |
| GBP/JPY | 1.1 Pips | 3.9 Pips |
| EUR/JPY | 1.1 Pips | 2.5 Pips |
HF copy account
The HF Copy Account is an account dedicated to copy trading. This will be explained in the following article, but it is basically a method of making profits by simply copying the trades of experienced traders, so it can be said to be a passive account type. Even if you are a beginner, you can rest assured that you can easily win stably in the industry without incurring losses by following excellent traders. Please see the following article for how to use it. Currently, there are sufficient products such as metals and commodities as a basic, so the content is substantial.
What is a bonus account?
A bonus account was created in 2023. HFM has undergone a major renewal in 2023, and a new bonus account has been established accordingly. A bonus account is an account type exclusively for bonus trading that is based on the trading conditions of a premium account and is equivalent to a standard account. There are two types of bonus accounts as shown below, but both have special conditions.
No deposit bonus account
A no deposit bonus account is, as the name suggests, an account exclusively for deposit bonuses. This is a dedicated account for the no deposit bonus campaign held by HFM for a limited time, and was created at the time of the bonus held in 2023. Trading conditions are based on a premium account, but the maximum leverage is limited to 1000x and the spread is set wide. Additionally, you cannot invest your own funds, and the account has a 40-day expiration date.
Withdrawal restrictions
No-deposit bonus accounts have predetermined profit withdrawal conditions.
- Trade currency pairs or gold 10 times or more
- Position held for 3 minutes or more
- Cumulative transaction quantity is 5 lots or more
- Profits that can be withdrawn are between $5 and $500.
- There are no open open positions.
deposit bonus account
A new deposit bonus account has been added to the bonus account. As the name suggests, a deposit bonus account is an account exclusively for deposit bonuses. The trading conditions are the same as the premium account, but the spreads are wider. Maximum leverage is limited to 1,000x, but this account type has no deposit limit, account expiration date, or profit withdrawal limit.
Account type selection procedure and method
To select your account type, select “Open Account” from My Page. When opening an account, a document screening will be required, so please have your ID ready. Stopout cuts apply to all account types. Please note that services for currency pairs, energy, precious metals, stocks, stock indexes, CFDs, etc. differ depending on the account type. Automated trading (EA), scalping, and double trading are also possible.
From here you can choose your preferred account type.
In the case of HF Copy, you can see various explanations from the contents of copy trading to opening an account by selecting “HF Copy” from the left menu on the home screen. Also, please note that if you do not order an account that you created yourself and leave it for more than 90 days, you will be charged a monthly account maintenance fee of about $5 for each account. It is also mentioned on the official website.
Spread comparison by high spec account type
If you are looking for a high spread, the Zero Spread Account is the best choice. Zero Spread Accounts incur transaction fees, but are clearly more suited to short-term and scalping traders. On the other hand, Bonus Accounts have the advantage of being able to receive bonuses, although the spreads are wider. Depending on the time of day, problems such as slippage may occur, so be sure to consider this when making new trades with high amounts. You can take advantage of the company’s unique environment to aim for stable profits in the market.
| Cent Premium | Pro | Zero | |
| USD/JPY | 1.6pips | 0.5pips | 0.0pips |
| EUR/JPY | 1.9pips | 0.6pips | 0.0pips |
| GBP/JPY | 3.5pips | 0.6pips | 0.1pips |
| EUR/USD | 1.2pips | 0.5pips | 0.0pips |
| AUD/JPY | 2.5pips | 1.7pips | 1.4pips |
| CAD/JPY | 2.9pips | 1.3pips | 0.6pips |
swap points
What are the rules for swap points at HFM? For long-term traders, swap points are sure to be a major concern. The following article introduces swap points for each trading product. Even professionals can compete with the smallest spreads offered, making this a top broker. Keep costs down according to your level and make the best trade overall.
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