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HFTrading Broker Review

Find out why we recommend BDSwiss over HFTrading.

While HFTrading is actually located in Christchurch, New Zealand, it offers clients in Australia the opportunity to trade a variety of commodities and assets via its secure platform.

The HFTrading CFD broker is, as such, regulated by the Australian Securities and Investments Commission (ASIC).

Offering of Financial Investments

Traders of all types will be satisfied by the scope of investments offered by HFTrading, with hundreds of CFDs in all of the key areas covered:

  • Global markets forex – all major and many minor pairs
  • Indices
  • Stocks & shares
  • Commodities – energies, metals, corn, cocoa, etc.
  • Cryptocurrency

HFTrading Account Types

There are three HFTrading account types available. Each one offers a unique experience for traders of all experience levels. Hedging and customer support is available for all clients. Scalping is also allowed.

The Silver account is billed as being perfect for newcomers to trading. There are more than 750 different assets to trade, with spreads starting from 0.7 and with leverage of 200:1 available. No commission is charged, but the minimum deposit will be high for casual traders at $250.

For Gold account holders, the same rules apply, though spreads start from 0.5 and leverage of up to 400:1 can be utilised. It is possible to hedge, and there’s a swap discount of 25% available.

The Platinum account features spreads as low as 0.3. It has a swap discount of 50% and offers clients access to a free VPS.

HFTrading Commission and Fees

As previously mentioned in this HFTrading forex broker review, there is no commission paid on trades no matter which account type is chosen. Only spreads are paid in terms of fees.

HFTrading Platforms and Tools

HFTrading offers its clients only MetaTrader 4 (MT4) to execute their trades on – sadly, there is no MT5 support.

The platform can be modified to incorporate a variety of indicators, signals and EAs, though HFTrading doesn’t offer its own unique tools for its clients to use.

All the tradeable assets are listed, with HFTrading also acting as an MT4 cryptocurrency broker.

HFTrading Research

There is plenty of educational content available, though it should be noted that much of this is ‘static’ in the form of eBooks and written content – as such, it should be treated as a bonus rather than a framework for trading.

HFTrading Mobile Trading App

As it does not have its own mobile app, HFTrading links its clients to the MT4 mobile trading app. Traders can execute positions and make the most of the tools and indicators available at the touch of a button.

Account functions, such as making a deposit or withdrawal and contacting support, can be performed via the dashboard.

Should I trade with HFTrading?

Regulated and well-established, HFTrading is a popular broker across Australia and New Zealand largely due to the freedom it gives its clients in terms of account types. Clearly, zero commission paid is a nice touch, and while lower spreads can be found elsewhere, as a forex broker HFTrading is a reliable firm.

Pros

  • Zero commission
  • Low spread
  • Huge range of tradeable assets
  • Account types for all traders

Cons

  • Lack of ‘dynamic’ educational content
  • Minimum deposit of $250

FAQs

Who are HFTrading?

HFTrading is a CFD broker founded in New Zealand that offers trading to clients in the country and neighbouring Australia rather than the global market. It has more than 750 tradeable assets, from forex and stocks to commodities and cryptocurrency. It utilises the MT4 platform. Traders benefit from low spreads and fees and zero commission charged.

Are HFTrading a legit broker?

HFTrading is regulated by ASIC, and without that approval, the firm simply could not offer its services to clients in its chosen jurisdiction. As such, it can be categorised as a trustworthy trading broker, rather than as a scam company. It is also well-established.

What are HFTrading’s platforms?

HFTrading exclusively uses the MetaTrader 4 trading platform in its service offering. MT4 is the most widely used platform. In addition, those who wish to trade on their mobile devices can download the MT4 app.

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