bestfxbrokers.com
Best FX Brokers

HFTrading Review

Established: 2019Site: www.hftrading.comCountry: New Zealand Regulation: ASIC, FMA 4.62/5
Platform4.8/5Custommer Support4.5/5Account Management4.7/5Levarage & Bonuses4.2/5Reliability / Security4.9/5
Topics Included:

In this review of HFTrading, our expert reviewers explore a popular CFDs and forex broker based in New Zealand. We’ll help you discover what benefits you could gain from trading with HFTrading, as well as any disadvantages you need to look out for. We’ll also show you how regulation from both ASIC and FMA helps to ensure your safety.

With HFTrading you can choose from over 300 CFDs, ranging from forex to cryptocurrencies. You can trade these without any hidden fees and charges via powerful trading platforms accessible on web, desktop, and mobile devices.

Continue reading our review to get more in-depth information about HFTrading’s offerings.

HFTrading background and regulation

Our review of HFTrading found that the broker has been offering its services to traders from Australia and New Zealand for over a year. Founded in 2019, HFTrading holds licenses from the Australian Securities and Investments Commission (ASIC) and the New Zealand Financial Markets Authority (FMA).

Under this regulation, you can trade forex and CFDs in the best possible environment. HFTrading offers over 300 CFDs on a range of underlying assets, including; forex, cryptocurrencies, stocks, indices, commodities, and metals.

 

HFTrading logo
  • Website: www.hftrading.com
  • Support: +64 48895407
  • Leverage: 1:200
  • Min. Deposit: $250
  • Spreads: 1.8 pips
  • MacWindowsAndroidLinux
Advantages
line
  • ASIC and FMA licenses
  • 300+ CFDs
  • No hidden fees and charges
  • Fast execution speeds
Disadvantages
line
  • No unique research tools
  • No ECN accounts

HFTrading account types and trading conditions

When you register at HFTrading, you’re offered a choice of three live accounts: Silver, Gold, and Platinum. Here are the specifications of these accounts found during our HFTrading broker review:

Whilst signing up for one of these live accounts is straightforward, you can also open a demo account beforehand. This allows you to review HFTrading’s CFD instruments and platforms, without having to deposit. You can also continue using this account for as long as you want, giving you a great opportunity to test trading strategies and analytical tools.

How to fund your HFTrading account

You can use a range of payment methods to deposit at HFTrading, including Visa, Mastercard, Maestro, Skrill, Neteller, and VPay. You can also fund your account by wire transfer from all major banks in Australia and New Zealand.

You won’t pay depositing fees at HFTrading, although there are some circumstances where you may incur fees for withdrawing. If you withdraw without having placed a single trade, or if you wish to withdraw less than $100, the broker reserves the right to charge you. They’ll always warn you of this charge first, however, so it’s easy to avoid.

HFTrading mobile and desktop trading platforms

With HFTrading, you can trade via MetaTrader 4. This is one of the most popular trading platforms in the world, thanks to the vast number of research tools it features. It’s also perfect for you if you’re a beginner, as it’s easy to understand and use.

MetaTrader 4 allows you to place 4 different pending order types and gives you access to 30 technical indicators and 23 analytical objects. The software also supports the use of automated robots.

Below you can review HFTrading’s MetaTrader platforms for different devices:

HFTrading education and training

During our review of HFTrading, we noted that the broker supplies you with extensive educational materials. This is great if you’re a beginner trader, as you can put your new knowledge to the test immediately. It also shows that HFTrading is a responsible broker, as they want you to make informed decisions and improve your trading knowledge and skills.

The learning resources span across multiple categories, including:

These materials are available to you even before you become a registered client. If you decide to open an account with HFTrading, however, you’ll also gain access to webinars and technical support.

Customer Support at HFTrading

If you have a question for HFTrading, you can review their customer support details below. Agents are available continuously Monday to Friday, from 9 pm to 10 am GMT. This should allow you to trade with confidence. Contact the broker via:

Our reviewers found that live chat support gives you the quickest responses, although we would recommend emailing for a more in-depth reply. Overall, we found the customer support to be helpful and efficient.

HFTrading – Final summary

As you can see from our in-depth review, HFTrading is an established broker with plenty to offer traders of all skill levels. Besides being licensed and regulated, the broker ensures that you are treated fairly by providing you with a transparent pricing structure and educational materials.If you decide to register with HFTrading, you’ll also benefit from a powerful trading platform and hundreds of assets to choose from.

Open a demo or live account with HFTrading today to trade with a financial service provider that’s recommended by our experts.

Frequently Asked Questions (FAQs)

Is HFTrading safe?

Yes, after an in-depth review of HFTrading, our experts agree that this is safe to trade with HFTrading. HFTrading is licensed and regulated by both the ASIC and the FMA. It also offers client fund protection by holding all of your funds in segregated accounts. This means if the financial service provider was to go bust, it could not use your money for operational costs.

Does HFTrading charge commission fees?

No, HFTrading does not charge any commissions. Instead, you will pay swap and spread fees. All fees and charges are clearly outlined on the broker’s financial service provider’s website and the trading platforms for transparency. Additionally, there are no deposit fees, and most withdrawals are fee-free. This clear pricing model allows you to accurately calculate the cost of trading, something that’s not always so straightforward with some other financial service providers.

How can I sign up to HFTrading?

Registering at HFTrading is an easy process that begins with providing the financial service provider with some personal details. This includes your email, name, age, address, and employment status. You also must upload documentation to verify your identity and address, such as your passport and a recent utility bill. Once this is complete, you simply must select a payment method and deposit funds to start trading.

What products can I trade with HFTrading?

HFTrading offers you the opportunity to trade over 300 CFDs on various underlying assets. This includes forex, shares, cryptocurrencies, commodities, metals, and indices. All of these are leveraged products too, which means you can hold larger positions than if you were making a traditional investment.

How much money do I need to trade with HFTrading?

To trade with HFTrading, you need to deposit $250 or more. Whilst this entry requirement makes trading accessible to most clients, our experts recommend depositing no less than $500. This is because you are trading with leverage and so, with anything less, you risk wiping out your account with a single trade.

Recommended Forex Brokers

Broker Min Deposit Bonus Rating More
forex.com logo $ 50 N/A ★★★★

Review
Broker Min Deposit Bonus Rating More
forex.com logo $ 50 N/A ★★★★

Review
alpari logo $ 100 Cashback ★★★★★

Review
xm logo $ 5 $30 Non-Deposit Bonus (except EU countries) ★★★★★

Review
Plus500 logo $ 100 N/A ★★★★

Review
hycm logo $ 100 $5000 ★★★★

Review
easyMarkets logo $ 25 $5000 ★★★★

Review
Broker Min Deposit Bonus Rating More
fxcm logo $ 50 N/A ★★★★★

Review
Plus500 logo $ 100 N/A ★★★★

Review
alpari logo $ 100 Cashback ★★★★★

Review
roinvesting Logo $ 250 N/A ★★★★★

Review
xm logo $ 5 $30 Non-Deposit Bonus (except EU countries) ★★★★★

Review
etoro logo $ 200 $100 ★★★★

Review
fbs logo $ 1 100% ★★★★

Review
easyMarkets logo $ 25 $5000 ★★★★

Review
avatrade logo $ 100 40% ★★★★

Review
Broker Min Deposit Bonus Rating More
fxcm logo $ 50 N/A ★★★★★

Review
avatrade logo $ 100 40% ★★★★

Review
easyMarkets logo $ 25 $5000 ★★★★

Review
fbs logo $ 1 100% ★★★★

Review
etoro logo $ 200 $100 ★★★★

Review
roinvesting Logo $ 250 N/A ★★★★★

Review
Broker Min Deposit Bonus Rating More
xm logo $ 5 $30 Non-Deposit Bonus (except EU countries) ★★★★★

Review
hotforex logo $ 5 100% ★★★★★

Review
alpari logo $ 100 Cashback ★★★★★

Review
roinvesting Logo $ 250 N/A ★★★★★

Review
fbs logo $ 1 100% ★★★★

Review
24option logo $ 100 N/A ★★★★

Review
Broker Min Deposit Bonus Rating More
$ 50 Visit Website ★★★★★

Review
alpari logo $ 100 Cashback ★★★★★

Review
hotforex logo $ 5 100% ★★★★★

Review
xm logo $ 5 $30 Non-Deposit Bonus (except EU countries) ★★★★★

Review
avatrade logo $ 100 40% ★★★★

Review
fbs logo $ 1 100% ★★★★

Review
Broker Min Deposit Bonus Rating More
hotforex logo $ 5 100% ★★★★★

Review
alpari logo $ 100 Cashback ★★★★★

Review
$ 50 Visit Website ★★★★★

Review
xm logo $ 5 $30 Non-Deposit Bonus (except EU countries) ★★★★★

Review
avatrade logo $ 100 40% ★★★★

Review
fbs logo $ 1 100% ★★★★

Review
easyMarkets logo $ 25 $5000 ★★★★

Review
Plus500 logo $ 100 N/A ★★★★

Review
Broker Min Deposit Bonus Rating More
HFTrading Logo $ 250 ★★★★★

Review
$ 50 Visit Website ★★★★★

Review
alpari logo $ 100 Cashback ★★★★★

Review
hotforex logo $ 5 100% ★★★★★

Review
xm logo $ 5 $30 Non-Deposit Bonus (except EU countries) ★★★★★

Review
avatrade logo $ 100 40% ★★★★

Review
fbs logo $ 1 100% ★★★★

Review
easyMarkets logo $ 25 $5000 ★★★★

Review
Broker Min Deposit Bonus Rating More
$ 50 Visit Website ★★★★★

Review
HFTrading Logo $ 250 ★★★★★

Review
alpari logo $ 100 Cashback ★★★★★

Review
hotforex logo $ 5 100% ★★★★★

Review
xm logo $ 5 $30 Non-Deposit Bonus (except EU countries) ★★★★★

Review
avatrade logo $ 100 40% ★★★★

Review
fbs logo $ 1 100% ★★★★

Review
easyMarkets logo $ 25 $5000 ★★★★

Review
hycm logo $ 100 $5000 ★★★★

Review

.
Copyright © 2020 Bestfxbrokers.com | All Rights Reserved