HFM (formerly HotForex): A thorough explanation of the latest rules for all overseas FX account prohibitions, violations, account freezing, deletion, restrictions, and terms of use.

HFM (formerly HotForex): A thorough explanation of the latest rules for all overseas FX account prohibitions, violations, account freezing, deletion, restrictions, and terms of use.。Are there any withdrawal refusals or prohibited actions at HFM brokers? This article explains how to use and be careful. HF Markets, a globally popular FX company, allows you to open various accounts and trade freely. However, not everything is OK. Although it is known as a relatively good company, there are prohibited actions that you must follow.

HFM Basic Information

Company Name	HF Markets（SV） Ltd.
Year of establishment	2010
Service Overview	A large brokerage providing services in over 180 countries worldwide with millions of registered accounts
Financial products handled	Foreign Exchange (FX), Stock Indices/Commodities, Stock CFDs/Cryptocurrencies
Trading Platform	MetaTrader 4（MT4）、MetaTrader 5（MT5）
Maximum Leverage	2,000x
User Support	Multilingual support
Financial License	✔ FCA (UK, Financial Conduct Authority) ✔ FSCA (South Africa) ✔ DFSA (Dubai) ✔ FSA (Seychelles)
Deposit and Withdrawal Methods	Bank transfer Credit/Debit card (VISA/Master/JCB, etc.) bitwallet / BXONE / Binance Pay / Cryptocurrency
Account Type	Cent Account Premium Account Pro Account Zero Account Top-up Bonus Account

Explanation of Prohibited Activities at HFM

This article provides an easy-to-understand list of the main prohibited activities (violations of the Terms of Use) at HFM (formerly HotForex), focusing on practically important points.
*Prohibited activities require special attention, as they directly lead to withdrawal denials, account freezing, and profit confiscation. Trading is available via app and PC, and the platform has a good reputation, so try using them.

① Bonus Misuse (Most Important)

HFM offers various deposit bonuses, but bonus abuse is strictly prohibited.

❌ Examples of Prohibited Activities

Using only bonuses to aim for quick profits through low-risk, high-leverage trading

Intentionally engaging in risk-averse trading before withdrawal requirements are met

Attempting to withdraw only bonus profits in a short period of time without understanding the bonus terms

👉 Consequences: Profit confiscation, withdrawal denial, and account freezing possible

② Fraudulent activity using multiple accounts or multiple users

At HFM, the general rule is one user = one user.

❌ Prohibited Examples

Hedging using accounts in the names of family members or acquaintances

Simultaneous reverse trading on multiple accounts (internal hedging)

Circumventing the terms of service by switching IP addresses or devices

👉 Multiple account trading, especially involving bonuses, is subject to strict scrutiny.

③ Unauthorized use of hedging

HFM itself does not completely prohibit standard hedging, but the following is prohibited.

❌ Prohibited Hedging

Hedging between different accounts

Arbitrage trading in combination with accounts from other companies

Hedging to circumvent bonus requirements

👉 This behavior is easily detected by the system and is likely to result in a violation.

④ Arbitrage trading

Trading that targets price differences or execution delays is prohibited.

❌ Prohibited Examples

High-speed trading exploiting price differences between HFM and other companies

Trading targeting latency (delays) during economic indicator releases

Arbitrage trading using EAs (automated trading)

👉 While EA use is generally OK, it can be a violation depending on the content.

⑤ Unauthorized use of servers or systems

❌ Prohibited Examples

Orders targeting system delays or errors

Taking advantage of execution errors to gain profits

Abnormal order frequency (excessive scalping)

👉 Short-term and high-frequency trading is particularly subject to monitoring.

⑥ False information and violations of KYC (Know Your Customer) requirements

❌ Prohibited Examples

Opening an account under a false name or someone else’s name

Fraudulent submission of identification documents

False declaration of address or nationality

👉 Most cases are discovered at the time of withdrawal.

⑦ Money laundering-related activities

❌ Prohibited examples

Withdrawing without trading nearly the same amount as the deposit

Transferring funds via a third-party account

Withdrawing using a method different from the deposit source

👉 A very common reason for withdrawal refusal

Actions that Risk Account Freezing

Here, we’ll narrow down the actions that risk account freezing on HFM (formerly HotForex) to those that are likely to actually lead to account freezing and profit confiscation.
*These are cases that result in more severe penalties than withdrawal refusal (confiscation of funds and permanent freezing).

Basically, whether it’s a currency pair or precious metal, risk arises depending on the magnitude and timing of price fluctuations. Abuse of campaigns and bonuses is also common, so please make changes if applicable. Some actions can significantly affect many environments and markets, so please prepare at least some countermeasures in advance.

① Bonus fraud/abuse (risk of freezing: very high)

This is the most common reason for account freezing on HFM. We highly recommend learning about it immediately. Even small amounts can lead to contact and questions from the management, which could result in a freezing. We occasionally hear about this in the news. Currently, it’s far from a good strategy.

Examples of risky behavior

Trading using only bonuses with extremely low risk to meet certain conditions

Unnatural lot adjustments to use up bonuses

Withdrawing only bonus profits in a short period of time without understanding the withdrawal conditions

Results

Profits confiscated

Bonus revocation

Accounts deemed malicious will be frozen

② Multiple accounts, lending your name, or using a third party (risk of freezing: very high)

One common thread is that HFM’s latest system monitors IP addresses, devices, functions, and trading patterns on charts. Duplicate accounts in the same area are a definite problem. Active accounts are analyzed, so repeated unusual behavior will raise suspicion.

Examples of risky behavior

Trading using accounts in the name of family or acquaintances

Internal hedging with multiple accounts

Operating under a borrowed account only

Results

All accounts frozen

Balances confiscated

Re-registration prohibited (blacklisted)

③ Hedging with different accounts or with other companies (risk of freezing: very high)

This is the most easily detected type of fraudulent trading. Advanced traders often engage in this type of behavior, but it’s dangerous. Depending on the specifications, even a single discovery could result in capital loss.

Examples of Dangerous Behavior

Reverse positions in multiple HFM accounts

Hedging with other companies’ FX accounts

Hedging to avoid bonuses

Results

Immediate account freeze

Withdrawal refusal

Possible loss of profits and principal

④ Arbitrage (High Risk of Freezing)

EA users should be particularly aware of this. Major companies in the industry do not accept it. While operators generally offer a high degree of freedom and can earn with high leverage, there is a risk of account freeze even if profits increase.

Examples of Dangerous Behavior

Trading targeting price differences or execution delays

Taking advantage of latency during economic indicators

High-speed trading between multiple brokers

Results

Profits void

EA suspension

Account freeze

⑤ Trading targeting system defects or delays (High Risk of Freezing)

If deemed intentional, severe penalties will be imposed. Waiting for an opportunity to cause system delays will attract attention. Regular users can be troublesome if they are caught and arrested.

Examples of Dangerous Behavior

Concentrated orders during server delays

Large-volume trading at clearly abnormal rates

Scalping to exploit missed executions

⑥ False information/KYC violations (risk of freezing: high)

Discovered upon withdrawal → Immediate freezing is a typical pattern. This will definitely result in a loss of trust, and investors will no longer be able to use the program.

Examples of Dangerous Behavior

Using a false name/someone else’s name

Manipulating or falsifying documents

False declaration of country of residence

⑦ Suspicion of money laundering (risk of freezing: medium to high)

As mentioned in reviews, HFM strictly monitors deposit and withdrawal history. There should be some explanation for each transaction at the beginning, and failure to fulfill these obligations will result in freezing.

Examples of Dangerous Behavior

Withdrawing immediately after depositing with almost no trading

Transferring funds via a third-party account

Withdrawing using a different method from the deposit source

Prohibited Bonus and System Abuse

This section explains prohibited bonus and system abuse practices at HFM (formerly HotForex), focusing on those that are likely to result in withdrawal denials, profit confiscation, and account freezing.

① Aiming to profit solely from bonuses

Trading that is excessively dependent on bonuses compared to the amount deposited is likely to be considered fraudulent.

❌ Prohibited Examples

Earn profits using only bonuses with virtually no risk

Trading solely for the purpose of using bonuses without using your own funds

Withdrawing the full amount immediately after conditions are met

👉 Profit confiscation, bonus revocation, and withdrawal refusal

② Trading to circumvent withdrawal conditions

This applies when the conditions are met but the trading intent is unnatural.

❌ Prohibited Examples

Meeting the conditions with extremely small lots and long holding periods

Hedging to minimize losses

Machine trading solely to increase trading volume

👉 Trading may be invalid even if the conditions are met.

③ Hedging/Multiple Account Trading Involving Bonuses

This is the most strictly prohibited behavior at HFM.

❌ Prohibited Examples

Reverse positions using multiple accounts

Hedging with accounts in the name of family or acquaintances

Hedging in combination with FX accounts from other companies

👉 Possible immediate freeze and confiscation of all funds

④ Multiple registrations for the purpose of obtaining bonuses

❌ Prohibited Examples

Earning initial bonuses with multiple accounts

Lending a name or re-registering via IP switching

Falsifying your country of residence to qualify for bonuses

👉 Risk of permanent freeze on all accounts

Prohibited Trading Practices During Economic Indicator Releases

This article explains prohibited trading practices during economic indicator releases on HFM (formerly HotForex), focusing on those that are likely to lead to withdrawal denials, profit voids, and account freezes.

① Trading for latency (delayed execution) [High Risk]

This is the most likely violation. While it may be acceptable during periods of reduced volatility, sudden movements can have a significant impact on the system, even during summer and winter hours. Therefore, even partial execution of this practice may result in account freezes.

❌ Examples of Prohibited Trading Practices

Rapidly entering orders the moment an indicator is released

Taking advantage of delayed price updates to secure favorable executions

Extremely increasing the number of trades only during indicator releases

👉 This is considered arbitrage and carries the risk of profit voids and account freezes.

② Trading Taking Advantage of Price Differences with Other Companies [High Risk]

This is a common practice among Japanese traders, but it is not recommended due to the high risk involved. It is a major problem, and if you do not address it, your trading may be suspended. The official website also issues warnings.

❌ Examples of Prohibited EAs

Simultaneous trading based on the rate difference between HFM and other brokers

Arbitrage taking advantage of widening spreads immediately after index announcements

Opposite positions held on multiple accounts

👉 This is likely to be considered system abuse.

③ Use of Indicator-Specific EAs/High-Speed ​​Trading EAs [High Risk]

EAs themselves are permitted, but the content matters. Placing too many specific orders will strain the system. For reference, carefully manage your orders, their activation and termination times. Also, be aware of the cost implications.

❌ Characteristics of EAs that are likely to be prohibited

Operating only when an index is active

Designed with execution speed and latency in mind

Placing large orders in an extremely short period of time

👉 Possibility of EA suspension, account restrictions, or freezing.

④ Orders placed during system instability [High Risk]

Doing this will likely result in your identification and put you in a difficult position. This is fine during Japan time when there is little movement, but during periods of significant movement, the zero-cut system will not function properly and will result in a clear burden. Please maintain a fully optimized environment.

❌ Examples of Prohibited Activities

Concentrated orders during delivery delays

Trading only during periods of high server load

Trying to significantly increase the rate

👉 Intentional conduct will result in severe penalties

Measures to Avoid Prohibited Activities on HFM

This article summarizes practical measures to avoid prohibited activities on HFM (formerly HotForex) and safely trade and withdraw funds, taking into account the previously discussed topics of bonuses, systems, indicators, and account freeze risk.

① Tips for Avoiding Bonuses (Most Important)

✔ Use bonuses as “supplementary funds”

Avoid trades with too high a bonus ratio

Always put your own capital at risk

Do not rely solely on bonuses to generate profits

✔ Avoid achieving unnatural conditions

Avoid fulfilling conditions with extremely small trades

Avoid holding risk-free positions for extended periods

Avoid withdrawing the entire amount immediately after conditions are met

② Tips for Avoiding Hedging and Multiple Account Risk

✔ Limit one account per person

Do not use accounts in the names of family members or acquaintances

Do not take opposite positions in multiple accounts

✔ Hedging is limited to within the same account and for standard hedging only

Do not hedges with other accounts or with other companies

Avoid hedging related to bonuses

③ Tips for Avoiding Hedging When Using EAs (Automated Trading)

✔ Always check the contents of the EA

Is it intended for arbitrage or delay?

Is it intended only for indicator trading?

Is it not ultra-high-speed or high-frequency?

✔ Continue running the EA during normal market conditions.

Do not turn on/off only during indicator releases.

Maintain consistent trading patterns.

④ Safety measures when economic indicators are released.

✔ Avoid “targeted” trading.

Avoid rapid orders immediately before or after indicator releases.

Avoid dramatically increasing lot sizes only during indicator releases.

✔ Implement effective order methods.

Avoid rapid market orders.

Use limit orders and stop-loss orders.

⑤ Measures to avoid being mistaken for system abuse.

✔ Do not trade during server issues.

Watch and wait during rate jumps and delays.

Do not take profits even when unfavorable.

✔ Refrain from high-frequency trading.

Avoid millisecond-level orders.

Keep scalping within reasonable limits.

⑥ Safety measures for identity verification and deposit/withdrawal.

✔ Complete KYC promptly.

Submit immediately after account opening.

Avoid incomplete or altered documents.

✔ Use consistent deposit and withdrawal methods.

Withdraw using the same method as deposit.

Do not use third-party accounts.

Frequently Asked Questions Regarding Prohibited Activities at HFM

The following are frequently asked questions (FAQs) regarding prohibited activities at HFM (formerly HotForex), focusing on issues that are likely to lead to withdrawal denials, profit confiscation, or account freezing.

Q1. Are hedging positions completely prohibited at HFM?

A. It is not completely prohibited.

✔ Regular hedging within the same account is permitted.
❌ Hedging positions between multiple accounts or with accounts from other companies is prohibited.
❌ Hedging positions for the purpose of circumventing bonus requirements is prohibited.

👉 The “where” and “purpose” of trading are important.

Q2. Is trading with bonuses dangerous?

A. It depends on how you use them.

Dangerous Cases

Making a Profit with Bonuses Alone

Withdrawing the Full Amount Immediately After Requirements are Met

Bonus + Indicator + EA

Safe Usage

Combined with Your Own Capital

Trading Naturally at Regular Market Prices

Gradual Withdrawals

Q3. Is trading during economic indicator releases a violation?

A. Indicator trading itself is not a violation.

❌ Examples of common violations

Targeting execution delays

Indicator-specific EAs

Targeting price differentials with other companies

✔ Discretionary trading and low-frequency trading are unlikely to be issues

Q4. Can I use EAs (automated trading)?

A. Yes, but the content is important.

❌ EAs that are likely to be violations

Arbitrage trading

Targeting latency

High-speed, high-frequency trading

✔ Trend-based and standard logic EAs are relatively safe

Q5. Does a withdrawal refusal necessarily constitute a violation of the terms of service?

A. No.

Incomplete documentation

Mismatched deposit and withdrawal routes

Temporary hold during processing

There are many administrative reasons for this, such as the above.
However, caution is advised if the investigation is prolonged.

Q6. If my account is frozen, will my funds be returned?

A. It depends on the details.

Minor violations → Profits only will be confiscated.

Serious violations → Principal will also be confiscated.

👉 Bonus abuse and multiple account fraud make recovery extremely difficult.

Q7. Is it okay to complete KYC before withdrawing?

A. It’s best to complete it early.

First KYC upon withdrawal → Frequent issues.

Incomplete documentation → Withdrawals suspended.

✔ Submitting documentation immediately after opening an account is safe.

Q8. Is scalping permitted?

A. It is permitted within the general range.

❌ Examples of prohibited transactions

High-speed orders in milliseconds

Transactions that place a heavy load on the server

✔ Transactions lasting tens of seconds to minutes are less likely to cause problems.

Q9. Will my account be frozen if I make too much profit?

A. No account will be frozen based on profit amount alone.

The reasons for freezing are:

The method of profit generation (process)

Absurdity in the transaction

Intention to circumvent the terms of service

Q10. What are some tips for completely avoiding prohibited activities?

A. The following three points.

1️⃣ Don’t rely on bonuses.
2️⃣ Don’t have multiple accounts or hold multiple positions.

HFM (formerly HotForex): Free new account opening, registration and identity verification, required documents, procedures and methods, latest flow explanation

This article explains the necessary documents, identification documents, how to start trading, benefits, points to note, procedures, and methods for opening an account with HFM (HotForex), with images and other information. HF Markets is a highly popular and trusted FX broker worldwide. With numerous traders around the world, it's a recommended FX broker for those looking to try foreign exchange. It's a long-established broker with over 10 years of operation, so there's no risk of funds being stolen.

www.worldforexintroduction.com

2025.12.21