HFM (formerly HotForex) has introduced a new era of trading enhancements, increasing its maximum leverage to 2,000x, expanding swap-free trading options, and offering a significantly increased account opening bonus of $1,300. The broker has also introduced new account types, including a Pro Account, and improved trading conditions with lower spreads and relaxed restrictions. Additionally, HFM has evolved its copy trading service, reducing the minimum deposit to $25 and increasing leverage to 500x. New promotional offers include a limited-time 100% deposit bonus, swap-free trading for major pairs like USDJPY and Gold, and a lottery for a Hawaii trip. These updates aim to provide traders with more flexibility, reduced costs, and better trading opportunities.

Feature Details
Maximum Leverage 2,000x
Swap-Free Trading Available for USDJPY, Gold, Crude Oil, and more
Account Opening Bonus Increased to $1,300
New Account Types Pro Account, No Deposit Bonus Account, Deposit Bonus Account
Copy Trading Minimum deposit reduced to $25, leverage increased to 500x
Promotions 100% Deposit Bonus, Hawaii Trip Giveaway
Trading Platforms MT4, MT5, WebTrader
Minimum Deposit $5 for standard accounts, $1,300 for Pro Account

HFM Enters a New Era

The new era of FX broker HFM refers to the renewal of the trading environment and conditions.

Here are the main contents of the renewal for the new era that will start on May 8, 2023 (Monday).

  • New bonuses initiated
  • Maximum leverage increased to 2,000 times
  • Narrowed spreads
  • Introduction of new swap conditions such as swap-free
  • New account types
  • Adoption of new rules for leverage limits
  • Redesign of member pages and others
  • Easier account opening process
  • Relaxed restrictions on deposit amounts
  • Eased conditions for copy trading
Includes some future plans.

You can check the latest status of the trading environment, conditions, and account opening campaigns on this page.

Official Site (hfm.com)

HFM’s New Era Promotions (New Era Promotions)

HFM is an FX broker that was reborn from HotForex in May 2022.

In October 2022, new campaigns such as account opening bonuses (no deposit bonuses) started.

And with this new era, even newer New Era Promotions are beginning!

Check out the New Era Promotions here

Account Opening Bonus Increased to 1,300 USD

FX broker HFM has increased the amount of the account opening bonus to 1,300 USD.

Account Opening Bonus
Previously 50 USD
Now 1,300 USD

Traders who open an account with HFM for the first time after May 8, 2023, can receive an account opening bonus exceeding 100 USD.

Get the 1,300 USD Account Opening Bonus Here

Summary of Changes in HFM’s Trading Environment & Conditions

Here are the changes in HFM’s trading environment and conditions starting from May 8, 2023 (Monday).

Changes Before After
Maximum Leverage 1,000 times 2,000 times
Account Types Cent Account/Micro Account/Premium Account/Zero Spread Account No Deposit Bonus Account/Deposit Bonus Account/Cent Account/Premium Account/Zero Spread Account/Pro Account
Swap-Free None Selected currency pairs/Gold/Crude Oil
Account Opening Bonus 50 USD 1,300 USD
Swap-free was previously only available for Islamic accounts.

You can check the latest trading environment and conditions on HFM’s Account Types page.

Official Site (hfm.com)

Maximum Leverage Increased to 2,000 Times

FX broker HFM has increased the maximum leverage from 1,000 times to 2,000 times.

Maximum Leverage
Previously 1,000 times
Now 2,000 times

The maximum leverage available for trading accounts opened after May 8, 2023, is set to 2,000 times.

Get the 2,000 Times FX Account Here

Rules for Leverage Limits with Effective Margin

Below are the new rules for leverage limits associated with effective margin at HFM.

Furthermore, new orders during the 15 minutes before and 5 minutes after the announcement of important economic indicators and around 1 hour before and after the rollover are subject to leverage restrictions.

Addition of Pro Accounts to Account Types

FX broker HFM has added Pro Accounts to its account types.

  • No Deposit Bonus Account
  • Deposit Bonus Account
  • Cent Account
  • Premium Account
  • Zero Spread Account (Zero Account)
  • Pro Account

The offer of Micro Accounts has ended.

Compare Account Types Here

Categories and Features of Account Types

Below are the categories of HFM’s account types.

Category Account Type
Bonus Account No Deposit Bonus Account
Deposit Bonus Account
High-Spec Account Cent Account
Premium Account
Zero Spread Account
Pro Account

The No Deposit Bonus Account is an account exclusively for account opening bonuses, with a maximum leverage of 1,000 times, an average spread of 1.4 pips, and a validity period of 40 days from the account opening.

The Deposit Bonus Account allows you to receive deposit bonuses, with a maximum leverage of 1,000 times and an average spread of 1.6 pips.

Accounts that do not receive bonuses, such as the Cent Account, Premium Account, Zero Spread Account, and Pro Account, are categorized as High-Spec Accounts.

Trading Environment & Conditions of HFM’s Pro Account

Below are the trading environment and conditions for HFM’s Pro Account.

Account Type Pro Account
Trading Platform MT4/MT5/Web Trader
Account Currency Unit Japanese Yen Account/US Dollar Account/Euro Account/Nigerian Naira Account
Minimum Deposit Amount 1.300 USD
Tradable Instruments Currency Pairs/Precious Metals/Energy/Commodities/Stock Indices/Stocks/Bonds/ETFs/Cryptocurrencies
Trading Volume per Lot Currency Pairs 100,000 Currency Units
Minimum Spread 0.5 Pips
Trading Fees Free
Swap-Free Applicable for certain instruments
Minimum Trade Size 0.01 Lots
Maximum Trade Size 60 Lots per Order
Margin Call Level Margin Maintenance Ratio 60%
Stop Out Level Margin Maintenance Ratio 20%
Scalping No Restrictions
Hedging Possible
Automated Trading EA (Expert Advisors) Allowed
NBP Support No Additional Margin Required
Demo Account Can be Opened

The trading environment and conditions for the Pro Account can be checked on HFM’s Account Types page.

Open a Pro Account Here

Introducing Swap-Free Instruments

FX broker HFM has started offering instruments that can be traded swap-free.

Below are the instruments that can be traded swap-free (without swaps).

  • AUDNZD
  • AUDUSD
  • EURCHF
  • EURUSD
  • GBPJPY
  • GBPUSD
  • NZDUSD
  • USDCAD
  • USDCHF
  • USDJPY
  • AUDCHF
  • AUDJPY
  • EURAUD
  • EURCAD
  • EURGBP
  • EURJPY
  • EURNZD
  • GBPCHF
  • GBPNZD
  • NZDJPY
  • NZDCAD
  • XAUUSD
  • USOIL
  • UKOIL

USDJPY, gold (gold), WTI crude oil, and Brent crude oil can be traded swap-free.

Open a Swap-Free Account Here

HFM’s Copy Trading Evolves

FX broker HFM’s copy trading (copy trading) has been updated.

Below are the changes to the HF Copy account (HF Copy account) where copy trading can be performed.

  • Minimum deposit amount reduced to 25 USD
  • Maximum leverage increased to 500 times
  • Increased the number of accounts that can be operated simultaneously to 10 accounts

The method of automated trading (automated trading) can be checked on the HF Copy account page.

Open an HF Copy Account Here

Special Video Interview at HFM!

At Hercules Finance, we conducted a special video interview with Mr. Stavors, who is in charge of regional business development in Asia at HFM.

It is available for free on the Hercules Finance YouTube official channel.

FAQs to summarize the article

What are the key updates in HFM’s new era?
HFM has increased leverage to 2,000x, introduced swap-free trading, added new account types, and raised the account opening bonus to $1,300.
What is the maximum leverage offered by HFM?
The maximum leverage has been increased from 1,000x to 2,000x.
Which instruments are eligible for swap-free trading?
Major pairs like USDJPY, Gold, and Crude Oil can now be traded swap-free.
What is the new account opening bonus?
HFM now offers an increased account opening bonus of up to $1,300.
What are the new account types introduced?
New account types include the No Deposit Bonus Account, Deposit Bonus Account, and Pro Account.
Has HFM improved its copy trading services?
Yes, the minimum deposit has been reduced to $25, leverage increased to 500x, and more accounts can be managed simultaneously.
Does HFM charge transaction fees?
No, HFM accounts have no transaction fees.
What promotions are currently available?
Promotions include a 100% deposit bonus, swap-free trading, and a Hawaii trip giveaway.
What platforms does HFM support?
HFM supports MT4, MT5, and WebTrader.
How can I open an account with HFM?
You can open an account through HFM’s official website and claim available bonuses.
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