- Types of accounts
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HFTrading is a forex and CFD trading brokerage company operating in Australia and New Zealand. Unlike most other brokers based in these countries, HFTrading accepts only local residents of Australia and New Zealand as clients in order to avoid problems with foreign financial regulators.
HFTrading – regulated broker?
The HFTrading group, founded in 2018, includes two brokerage companies:
- HFTrading AU is located in Australia and is regulated by the Australian Securities and Investments Commission (ASIC);
- HFTrading NZ is located in New Zealand and is regulated by the Financial Markets Authority (FMA).
ASIC and FMA are reliable government financial regulators, so traders can be sure that in rare cases of a dispute with these brokers, they will help them solve any problems.
What is the maximum leverage in HFTrading?
Since the end of March 2021, ASIC has imposed leverage restrictions on the Australian company up to 1:30 for major currency pairs. And the HFTrading division in New Zealand also decided to apply limits for leverage up to 1:200.
Trading instruments offered HFTrading, range from fairly standard set of about 50 currency pairs to a large selection of 50 cryptocurrency pairs, 20 stock indices, individual stocks over 200 companies, registered in the U.S., the EU and Australia, as well as goods such as precious metals, oil, natural gas, coffee, sugar and other.
All the tools offered by HFTrading are traded on the well-known MT4 platform, which is available in the classic downloadable desktop version, as well as in versions for the Internet and mobile devices.
What types of accounts does HFTrading offer?
After registering with HFTrading, new clients will be offered a Silver, Gold or Platinum trading account, depending on the deposit amount. As expected, the spreads on Platinum accounts are the narrowest, starting from 2.1 points on the popular EURUSD pair. Then the spreads increase to 2.5 points on the Gold account and up to 3 points on the Silver account for the same pair. It is also interesting to note that the broker does not charge a commission from any of the account types, but instead receives all of its income from spreads.
What is the minimum deposit in HFTrading?
The minimum deposit in HFTrading is $250 for a Silver account, $5000 for Gold and $10,000 for Platinum. Traders will be able to replenish their trading accounts using a number of methods, including MasterCard / Visa cards, Skrill and Neteller e-wallets.
HFTrading is a fully regulated Forex broker for traders from Australia and New Zealand. Among the advantages, in addition to reliable regulation, we can note a large selection of trading instruments, a convenient MT4 platform and round-the-clock support. Among the disadvantages, this broker has low leverage and fairly high spreads, as well as the absence of ECN accounts.
Before choosing a broker, we recommend that you read the reviews of HFTrading, as well as see our rating of Forex brokers.
|General information of HFTrading|
|Year of foundation||2018|
|EURUSD Spread||3 pips|
|Base currencies||NZD, USD, EUR, AUD, GBP, CAD, JPY|
|Assets||Currency pairs, indices, stocks, metals, cryptocurrencies|
|Replenishment of deposita||BankTransfer, Visa/MasterCard, Skrill, Neteller|
|Payment for inaction||+|
- The year of Foundation 2018
- Head office address Level 13, 1 Albert Street, Auckland 1010, New Zealand
- Maximum leverage 1:200
- Min. Deposit $250
- Regulation ASIC
- Trading platform
- Payment system to enter Debit/Credit Cards , Skrill, Neleller
- Payment system for withdrawal Debit/Credit Cards , Skrill, Neleller
- Number of trading instruments 50
- The number of CFD instruments 300
- The number of metals 4