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HFM Review

4.5/5 - (10 votes)

HFM Review (1)

 

Overall, HFM can be summarised as a trustworthy and highly regulated Forex Broker that is very competitive in terms of its trading fees. Singaporeans can benefit from HFM’s competitive spreads. HFM offers an easy-to-use social copy trading platform with excellent customer support.  HFM has a trust score of 85 out of 99.

 

🧑‍⚖️Order Execution4/5
💵Commissions and Fees4/5
📈Range of Markets4/5
📊Variety of Markets4/5
⏱️Withdrawal Speed4/5
👥Customer Support4/5
📉Trading Platform4/5
🎓Education3/5
🗂️Research4/5
⌛Regulation5/5
📱Mobile Trading5/5
💯Trust Score85%

 

HFM Review Singapore

 

HFM Review – Analysis of Brokers’s Main Features

 

  1. ☑️ HFM Overview
  2. ☑️ HFM Detailed Summary
  3. ☑️ HFM – Advantages over Competitors
  4. ☑️ Who will Benefit from Trading with HFM?
  5. ☑️ HFM Safety and Security
  6. ☑️ HFM Bonus Offers and Promotions
  7. ☑️ HFM Affiliate Program Features
  8. ☑️ HFM Minimum Deposit
  9. ☑️ HFM Account Types and Features
  10. ☑️ HFM Base Account Currencies and Basic Order Types
  11. ☑️ How to Open and Close an HFM Account
  12. ☑️ HFM Trading Platforms
  13. ☑️ Which Markets Can You Trade with HFM?
  14. ☑️ HFM Fees, Spreads, and Commissions
  15. ☑️ HFM Deposits and Withdrawals
  16. ☑️ HFM Education and Research
  17. ☑️ HFM Customer Support
  18. ☑️ HFM VPS Review
  19. ☑️ HFM Corporate Social Responsibility
  20. ☑️ HFM Trading Signals
  21. ☑️ HFM Cashback Rebates Features and Conditions
  22. ☑️ HFM Web Traffic Report
  23. ☑️ HFM Sponsorships
  24. ☑️ HFM Geographic Reach and Limitations
  25. ☑️ HFM – Best Countries by Traders
  26. ☑️ HFM vs Octa vs AvaTrade – A Comparison
  27. ☑️ HFM Alternatives
  28. ☑️ HFM Awards and Recognition
  29. ☑️ Our Experience with HFM
  30. ☑️ Recommendations according to our in-depth review of HFM
  31. ☑️ HFM Customer Reviews
  32. ☑️ Pros and Cons of Trading with HFM
  33. ☑️ In Conclusion
  34. ☑️ Frequently Asked Questions

 

 

HFM Review – Analysis of Brokers’s Main Features Singapore

 

HFM Overview

 

HFM has built a good reputation among Singaporean traders by providing robust features customized to their specific trading requirements.

HFM provides a secure trading environment that resonates well with the risk-averse Singaporean investor, with a trust score of 85 out of 100 and regulation by numerous worldwide institutions, including a Tier-1 regulator.

The broker’s account categories, which range from Cent to Pro, cater to a wide range of traders, from newbies to seasoned experts. The lack of a minimum deposit requirement across many accounts is especially beneficial for traders who can start small and scale confidently.

Singaporeans can benefit from HFM’s competitive spreads, which start at 0.0 pips for Zero accounts, and the broker’s commitment to keeping trading costs low, as seen by no fees on deposits or withdrawals.

Their rich educational resources and limitless demo accounts provide a good basis for newbies to study and practice. At the same time, seasoned traders may take advantage of the complex capabilities of the MetaTrader platforms available.

Furthermore, HFM’s active CSR activities and sponsorship programs highlight a brand that prioritizes excellence and community participation, consistent with Singapore’s corporate responsibility and global citizenship attitude.

HFM provides a comprehensive trading solution that corresponds with the objectives and values of Singaporean traders, whether it’s the speed of execution via free VPS services or the opportunity for extra earnings via cashback rebates and affiliate programs.

 

HFM Overview Singapore

 

HFM Detailed Summary

 

BrokerHFM
🏦HeadquarteredCyprus
🌎Global OfficesSeychelles, South Africa, Dubai, UK, Kenya
📌Local Market Regulators in SingaporeMonetary Authority of Singapore (MAS)
➡️Foreign Direct Investment in Singapore195 billion USD (2022)
💴Foreign Exchange Reserves in Singapore461.1 billion SGD (November 2023)
🏠Local office in Singapore?None
👤Governor of SEC in SingaporeNone, the chairman of the MAS is Lawrence Wong
🔍Accepts Singapore Traders?✅ Yes
🔢Year Founded2010
☎️Singapore Office Contact NumberNone
📱Social Media PlatformsFacebook
X
Telegram
Instagram
YouTube
LinkedIn
📈RegulationFSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
🥉Tier-1 LicensesFinancial Conduct Authority (FCA)
🥈Tier-2 LicensesFinancial Sector Conduct Authority (FSCA)
Cyprus Securities and Exchange Commission (CySEC)
Capital Markets Authority (CMA)
Dubai Financial Services Authority (DFSA)
🥇Tier-3 LicensesFinancial Services Authority (FSA)
Financial Services Commission (FSC)
🔢License NumberSingapore – FSP 46632
Cyprus – 183/12
Dubai – F004885
Seychelles – SD015
United Kingdom – 801701
Mauritius – 094286/GBL
Kenya – CMA license 155
🌎Global RegistrationsFrance ACPR – 53684
Germany BaFin – 132342
Hungary MNB – K8761153
Italy CONSOB– 3673
Norway – FT00080085
Spain CNMV – 3427
Sweden FI – 31987
Austria FMA
Bulgaria FSC
Croatia HANFA
Czech Republic CNB
Denmark Finanstilsynet
Estonia FSA
Finland FSA
Greece HCMC
Iceland FME
Central Bank of Ireland
Latvia FKTK
Liechtenstein FMA
Lithuania Lietuvos Bankas
Luxembourg CSSF
Malta MFSA
Netherlands AFM
Poland KNF
Portugal CMVM
Romania ASF
Slovakia NBS
Slovenia ATVP
✏️MAS RegulationNone
❌Regional RestrictionsThe United States, Canada, Sudan, North Korea, and Syria
☪️Islamic Account✅ Yes
🗂️Demo Account✅ Yes
⌛Non-expiring Demo✅ Yes
⌚Demo DurationUnlimited
📌Retail Investor Accounts5
↘️ PAMM Accounts✅ Yes
🛎️Liquidity ProvidersBarclays UK, BNP Paribas, and others
🤝Affiliate Program✅ Yes
🧑‍⚖️Order ExecutionMarket
✴️OCO OrdersNone
💻One-Click Trading✅ Yes
⚙️Scalping✅ Yes
🌟Hedging✅ Yes
🗣️Expert Advisors✅ Yes
📰News Trading✅ Yes
🚩Trading API✅ Yes
📝Starting spread0.0 pips
💷Minimum Commission per TradeFrom $6 per round turn on Forex
💶Decimal Pricing5th Decimal after the comma
💡Margin CallBetween 40% to 50%
🛑Stop-OutBetween 10% and 20%
⬇️Minimum Trade Size0.01 lots
⬆️Maximum Trade Size60 lots
🫰🏻 Crypto trading offered?✅ Yes
🫴🏻 Offers an SGD Account?None
👤Dedicated Singaporean Account Manager?None
⬆️Maximum Leverage1:2000
❌Leverage Restrictions for Singaporeans?None
💵Minimum Deposit (SGD)0 SGD ($0)
💷Deposit CurrenciesUSD, AED, EUR, GBP, CHF, JPY, NZD, CAD, ZAR, and more.
☑️SGD Deposits Allowed?✅ Yes
💰Account Base CurrencyEUR, USD, NGN, ZAR
📊Active Singaporean Trader Stats50,000+
👩‍👧‍👧Active Singapore-based HFM customersUnknown
📖Singapore Daily Forex Turnover1.2 million SGD
💳Deposit and Withdrawal OptionsBank Wire Transfer
Electronic Transfer
Credit Card
Debit Card
Skrill
⏰Minimum Withdrawal Time10 Minutes
⌚Maximum Estimated Withdrawal Time10 business days
📌Instant Deposits and Instant Withdrawals?None
🗂️Segregated Accounts with Singaporean Banks?None
📊Trading PlatformsMetaTrader 4
MetaTrader 5
HF App
⏱️Trading Platform TimeUTC +02h00
🧐Observe DST Change✅ Yes
🕰️DST Change Time zoneEastern European Time (EET)
💍Tradable AssetsForex
Precious Metals
Energies
Indices
Shares
DMA Stocks (MT5 Only)
Commodities
Cryptocurrencies
Bonds
ETFs
🫴🏻 Offers USD/SGD currency pair?✅ Yes
✏️USD/SGD Average Spread0.8 pips
🫰🏻 Offers Singapore Stocks and CFDsNone
👉Languages supported on the WebsiteEnglish, Portuguese, Spanish
🗣️Customer Support LanguagesMultilingual
📲Copy Trading Support✅ Yes
🕰️Customer Service Hours24/5
👩‍👧‍👧Singapore-based customer support?None
🎁Bonuses and Promotions for Singaporean Traders✅ Yes
🎓Education for Singaporean beginners✅ Yes
💻Proprietary trading software✅ Yes
🌟Most Successful Trader in SingaporeChew Wei Xiang (±$70 million assets under management)
✔️Is HFM a safe broker for Singaporean Traders?✅ Yes
🔢Rating for HFM Singapore9/10
💯Trust score for HFM Singapore85%

 

HFM Detailed Summary Singapore

 

HFM – Advantages over Competitors

 

HFM has the following notable advantages over competitors:

 

  • ✅ The lack of regional limits imposed by HFM on Singaporean traders ensures access to global markets without the constraints imposed by certain other brokers.
  • ✅ Islamic accounts cater to Singapore’s diverse religious community, enabling swap-free trading per Sharia law.
  • ✅ HFM has a good trust score and is licensed by a Tier-1 regulator, providing Singaporean traders with a dependable and secure trading environment.
  • ✅ HFM’s multilingual customer service and instructional resources are available to a broader Singaporean audience, catering to various languages and cultural backgrounds.
  • HFM is well-positioned to decrease trading costs for active Singaporean traders, with competitive spreads as low as 0.0 pips on the Zero account.
  • ✅ HFM enables seamless trading with no deposit or withdrawal fees, maximizing cost-effectiveness for Singapore traders.
  • ✅ A robust set of training resources and an unlimited demo account provide a solid basis for beginning traders to hone their skills.
  • ✅ To suit diverse trading styles and expertise levels among Singaporeans, the broker provides a variety of account categories, including Cent, Zero, Premium, and Pro. Furthermore, HFM has also introduced a Top-Bonus Account for deposit bonuses.
  • ✅ The broker’s free VPS server provides speedy transaction execution, which is crucial for Singaporean traders who use automated systems.
  • ✅ Singaporean traders can supplement their income by taking advantage of HFM’s cashback rebates and affiliate programs, which reward trading volume and referrals.
  • ✅ HFM’s MetaTrader 4 and MetaTrader 5 trading platforms provide comprehensive trading tools and capabilities for complex strategy execution.

 

Finally, HFM’s involvement in corporate social responsibility displays a commitment to global and community welfare, which resonates with Singaporean traders’ beliefs.

 

HFM – Advantages over Competitors Singapore

 

Who will Benefit from Trading with HFM?

 

  • ✅ Traders who respect corporate social responsibility will value HFM’s dedication to social welfare and environmental protection, which aligns their trading activities with their ethical and social ideals.
  • ✅ Singaporean traders who utilize automated trading systems like the availability of Virtual Private Server (VPS) hosting. The VPS service guarantees algorithmic trading consistency, speed, and reduced latency, which might be critical for the success of high-frequency trading techniques.
  • ✅ Muslim traders and those looking for swap-free trading accounts can benefit from HFM’s Islamic accounts, which conform with Sharia law by not charging swap fees.
  • ✅ Individuals and businesses in Singapore who engage in affiliate marketing will benefit from HFM’s affiliate program, which offers competitive commission rates and substantial partner support.
  • ✅ HFM provides a wide selection of tradable assets, such as forex, commodities, indices, and cryptocurrencies, making it an appealing option for traders wishing to diversify their investment portfolios.
  • ✅ HFM’s comprehensive educational tools, which include e-courses, webinars, and training videos, will aid beginners to the trading industry in Singapore. The unlimited demo account allows beginners to practice without financial risk, creating a learning environment that can gradually build confidence and trading skills.
  • ✅ Traders trading in huge volumes will benefit from the Zero account’s cheap spreads starting at 0.0 pips and acceptable commission structure. This account type is ideal for day traders and scalpers who require tighter spreads for frequent trading.

 

How does HFM’s range of account types compare to its competitors?

HFM provides a wide choice of account kinds, including Cent, Zero, Premium, Top-Bonus, and Pro, to better meet the needs of traders than many competitors.

 

What are the benefits of HFM’s PAMM accounts over competitors?

HFM’s PAMM accounts provide Singaporean investors with a one-of-a-kind opportunity to allocate assets to skilled managers, a feature not found in all competitors.

 

HFM who will benefit Singapore

 

HFM Safety and Security

 

HFM Regulation in Singapore

 

HFM is not currently regulated by the Monetary Authority of Singapore (MAS). However, HFM global regulations are listed in the table below.

 

HFM Global Regulations

 

🔍Registered Entity🌎Country of Registration➡️Registration Number🌟Regulatory Entity🎖️Tier🔢License Number/Ref
🥇HF Markets SA (PTY) LtdSouth Africa2015/341406/07FSCA2FSP 46632
🥈HF Markets (Europe) LtdCyprusHE 277582CySEC2183/12
🥉HF Markets (Seychelles) LtdSeychelles8419176-1FSA3SD015
🏆HF Markets LtdMauritius094286/GBLFSC3094286/GBL
🏅HF Markets (DICF) LtdDubaiN/ADFSA2F004885
🎖️HF Markets (UK) LtdUnited Kingdom11118651FCA1801701
🥇HFM Investments LimitedKenyaN/ACMA2155

 

HFM Protection of Client Funds

 

🔍Security Measureℹ️ Information
🗂️Segregated Accounts✅ Yes
👤Compensation Fund Member✅ Yes
💵Compensation Amount5 million EUR
📝SSL Certificate✅ Yes
➡️2FA (Where Applicable)✅ Yes
⚠️Privacy Policy in Place✅ Yes
❌Risk Warning Provided✅ Yes
⛔Negative Balance Protection✅ Yes
🛑Guaranteed Stop-Loss OrdersNone

 

Security while Trading

 

  • ✅ HFM’s strong AML (Anti-Money Laundering) and KYC (Know Your Customer) standards contribute to the preservation of a secure trading environment by preventing financial fraud and identity theft.
  • ✅ HFM’s negative balance protection ensures that Singaporean traders do not lose more money than they have invested, protecting them from market volatility and unexpected losses.
  • ✅ SSL (Secure Socket Layer) encryption on HFM’s platforms safeguards data transmission from Singaporean traders over the internet, ensuring privacy and security against illegal access.
  • ✅ HFM is licensed by a Tier-1 regulator, ensuring adherence to high financial requirements and providing additional safety for Singaporean traders.
  • HFM, as a member of a compensation fund, provides an additional safety net, offering coverage up to a specified amount, enhancing the security of funds for Singapore traders.
  • ✅ The use of two-factor authentication (2FA) gives an additional degree of security, limiting unwanted account access for Singaporean traders.
  • ✅ HFM’s global regulatory compliance is further secured for Singaporean investors thanks to extra scrutiny from four Tier-2 and two Tier-3 entities.
  • ✅ Client funds are stored in segregated accounts, which protect Singaporean clients’ assets by keeping traders’ funds separate from HFM’s operational capital.

 

Pros and Cons Regulation and Safety of Funds

 

✅ Pros❎ Cons
HFM is regulated by entities from around the world and licensed by many othersMAS in Singapore does not regulate HFM
There are segregated accounts held with top-tier banks, ensuring client funds are only used for trading activitiesInvestor protection is limited to traders from certain regions

 

How does HFM ensure the safety of client funds?

HFM protects customer funds with segregated accounts, which keep client funds separate from the company’s operational capital.

 

Does HFM offer any form of protection against negative balance?

Yes, HFM offers negative balance protection, which protects customers from losing more than their account amount.

 

HFM Safety and Security Singapore

 

HFM Bonus Offers and Promotions

 

HFM provides a variety of appealing bonuses and promotions to meet the different needs of traders, including those in Singapore. These incentives are intended to improve traders’ trading experiences and provide additional rewards.

One famous promotion is the “Festive Guess and Win Contest,” in which traders can win large cash rewards that can be withdrawn or used for future trading. This competition provides excitement and potential rewards for traders’ market predictions and insights.

Another enticing incentive from HFM is the “Supercharged Bonus.” It offers a 100% bonus on little deposits, possibly up to a large sum. This promotion also provides daily cash rebates for each lot traded, which can significantly improve traders’ earning potential.

HFM’s “Top-Up Bonus” provides a 20% bonus on all account transfers up to a certain maximum, with the bonus earnings being withdrawable. This feature is useful for traders who consistently fund their accounts because it adds to their trading money.

HFM’s “Gadget Giveaway” is an interesting campaign for anyone interested in technology and gadgets. This lucky draw allows traders to win cutting-edge technology items, adding a distinctive bonus to the trading experience.

Other prominent promotions are the “Epic Affiliate Promotion” and the “Traders Awards 2023.” They provide incentives such as luxury gifts, trips, or cash prizes to traders and affiliates in exchange for their success and involvement with the platform.

The “HFM Loyalty Program” awards traders points for their trading activity, which may be redeemed for various advantages that improve the overall trading experience.

The “Demo Contest” is a wonderful initiative for novices and those wishing to experiment without danger. It allows traders to compete using trial accounts with real cash awards for the winners, giving a risk-free environment for testing and competing tactics.

HFM also rewards committed partners and traders with exclusive branded products, promoting a feeling of community and brand loyalty among its users.

These promotions and bonuses, particularly those associated with the Top-Bonus Account, illustrate HFM’s dedication to delivering a lucrative and diversified trading environment.

They cater to various trader preferences, ranging from money awards to physical rewards, enhancing the trading experience for Singaporean traders and the broader HFM customer.

 

Does HFM offer any welcome bonuses for new traders?

Yes, HFM provides new account members welcome bonuses when they make their first deposit.

 

Are there any conditions attached to HFM’s bonus offers?

Yes, bonuses frequently come with trading volume or deposit limitations. Therefore, Singaporeans must read the terms and conditions before accepting a bonus.

 

HFM Bonus Offers and Promotions

 

HFM Affiliate Program Features

 

Singaporean affiliates who work with HFM may anticipate a robust and profitable affiliate program. HFM Affiliates noted for its user-friendly and efficient platform, has many tools designed to increase earning potential and make client referrals easier.

Firstly, for Singaporean affiliates, the commission structure is a key lure. It enables them to earn significant commissions based on the trading volume of the clients they refer.

This structure is tiered, which means that the higher the prospective earnings, the more active the referred clients are. Such a strategy is especially appealing in Singapore’s dynamic trading environment, with a large network of potential traders.

Moreover, the app features advanced monitoring and reporting functionalities that operate in real-time. These innovative tools are indispensable for affiliates who aim to closely monitor their referred customers’ activities while enhancing their own performance.

This element of transparency plays an integral role in helping them develop effective referral strategies and optimize their efforts accordingly.

The daily pay-out method is another important element. Unlike some programs that pay out monthly or quarterly, HFM’s daily pay-outs assure a consistent revenue flow, which is advantageous for keeping a consistent income stream. This characteristic is especially appealing in Singapore’s fast-paced financial landscape.

Furthermore, HFM offers various marketing resources and materials to its partners. These include promotional banners, informative content, and personalized marketing aids to facilitate affiliates acquiring and maintaining a diverse clientele base.

Such support is crucial in Singapore’s multicultural society with multiple languages spoken, as it allows for tailored approaches towards client engagement that can result in significant outcomes.

Finally, Singaporean affiliates can get personalized help from professional account managers. These managers assist, answer questions and aid in optimizing the affiliate strategy.

This personalized touch is critical in a market like Singapore, where detailed understanding and regional support can considerably improve the affiliate experience.

 

How to open an Affiliate Account with HFM

 

To register an Affiliate Account, Singaporean traders can follow these steps:

 

  • ✅ Singaporean traders interested in becoming HFM affiliates can visit the HFM Affiliates website at https://affiliates.hfm.com/sc/en/ to learn more about the program.
  • ✅ Locate and click the “Open HFCopy Account” or “Become an Affiliate Now” button on the HFM Affiliates website, depending on your specific interest in the affiliate account you wish to open.
  • ✅ Fill out the registration form, which normally asks for personal and contact information such as your name, email address, and phone number.
  • ✅ Read and agree to the HFM Affiliate Program terms and conditions carefully, ensuring you understand the duties and benefits of being an affiliate.
  • ✅ After completing the registration process, you will receive a one-of-a-kind affiliate link. This link is essential since it is used to refer potential clients to HFM, and it keeps track of your referrals and commissions.
  • ✅ Begin referring new clients to HFM with your unique affiliate link. You can distribute this link via social media, blogs, email newsletters, or any other online platform.
  • ✅ Begin earning commissions on the trading actions of the customers you refer. Keep track of your revenue and referrals using HFM’s affiliate platform.

 

Are there any special features in the HFM Affiliate Program for Singaporean affiliates?

Yes, the HFM Affiliate Program provides Singaporean traders with daily compensation, flexible rebate and incentive schemes, and advanced reporting capabilities.

 

Is there a limit to how much an HFM affiliate can earn?

No, the HFM Affiliate Program has no earnings cap and offers unlimited commission possibilities.

 

What information is required to register for an HFM Affiliate Account?

HFM Affiliate Account registration requires personal information, contact information, and acceptance of the Affiliate Program’s terms and conditions.

 

Can I use my HFM trading account credentials to log into the Affiliate Program?

No, upon registration, you will obtain unique login credentials for the HFM Affiliate Program.

 

HFM Affiliate Program Features Singapore

 

HFM Minimum Deposit

 

🔍Live Account💵Minimum Dep.
🥇Cent0 SGD / $0
🥈Premium0 SGD / $0
🥉Zero0 SGD / $0
🏆Pro133 SGD / $100
🏅Top-Up Bonus0 SGD / $0

 

What is the minimum deposit required to start trading with HFM?

HFM has a $0 minimum deposit for several account types, making it accessible to traders of all financial backgrounds.

 

Can the minimum deposit be made through various payment methods at HFM?

Yes, for the minimum deposit, HFM allows various payment options, including bank wire transfers, electronic transfers, credit/debit cards, and Skrill.

 

HFM Minimum Deposit

 

HFM Account Types and Features

 

🔍Live Account💵Minimum Dep.✏️Average Spread💷Commissions💶Average Trading Cost
🥇Cent0 SGD1.2 pipsNone12 USD (Cents)
🥈Premium0 SGD1.2 pipsNone12 USD
🥉Zero0 SGD0.0 pips6 USD6 USD
🏅Pro133 SGD0.5 pipsNone5 USD
🏆Top-Up Bonus0 SGD1.4 pipsNone14 USD

 

HFM Cent Account

 

The HFM Cent Account is designed specifically for Singapore’s trading sector novices. This account allows Singaporeans to trade in micro-lots, allowing them to trade with lesser capital risk.

A Cent Account is ideal for those new to forex trading or who want to test techniques with a small investment.

This account type also includes personal account management, which can assist inexperienced traders in Singapore in navigating the complexity of financial markets more confidently.

 

🔍Account Feature💍Value
💵Minimum Deposit0 SGD
✏️Spreads1.2 pips EUR/USD
📊Trading PlatformMetaTrader 4, MetaTrader 5, HF App
💍Trading Instruments50+ Forex Pairs and Gold
➡️ExecutionMarket Execution
📈Maximum Leverage Ratio1:2000
⬇️Minimum Trade Size0.01 lot
⬆️Maximum Trade Size7 Standard Lots (100,000 base currency)
📖Maximum Open Orders150 lots (Simultaneous)
👉Margin Call (%)40%
🛑Stop-Out (%)10%
💷Account Base CurrencyUSD, SGD, NGN
👤Personal Account Manager✅ Yes
💵Commission ChargesNone
🎁Bonuses OfferedFlexible bonus offering

 

HFM Cent Account Singapore

 

HFM Premium Account

 

HFM’s Premium Account caters to skilled traders from Singapore who are accustomed to handling larger trading volumes. It allows for trading across various instruments, providing an extensive and holistic trading experience.

The account provides market execution capabilities and the ability to manage multiple open orders simultaneously, making it ideal for experienced traders seeking stability without commission fees in their preferred environment.

 

🔍Account Feature💍Value
💵Minimum Deposit0 SGD
✏️SpreadsFrom 1.2 pips EUR/USD
📊Trading PlatformMetaTrader 4, MetaTrader 5, HF App
💍Trading InstrumentsAll
➡️ExecutionMarket
📈Maximum Leverage Ratio1:2000
⬇️Minimum Trade Size0.01 lots
⬆️Maximum Trade Size60 lots
📖Maximum Open Orders500
👉Margin Call (%)50%
🛑Stop-Out (%)20%
💷Account Base CurrencyDepends on the region
👤Personal Account Manager✅ Yes
💵Commission ChargesNone
🎁Bonuses OfferedNone
🫴🏻 Personalized ServicesNone
🫰🏻 Swap Free Available?✅ Yes

 

HFM Premium Account Singapore

 

HFM Zero Account

 

Singapore traders seeking competitive spreads and actively trading in the markets may find HFM’s Zero Account particularly attractive.

Designed with high-volume traders and scalpers in mind, this account features low bid-ask spreads starting at 0.0 pips that can effectively enhance their trade strategies, such as high-frequency or scalp trading techniques.

This dynamic environment caters to serious investors who need many concurrent open orders for varied financial instruments. Moreover, it includes a personal account manager assigned exclusively to meet clients’ requirements, giving priority service when needed most.

 

🔍Account Feature💍Value
💵Minimum Deposit0 SGD
✏️SpreadsFrom 0.0 pips EUR/USD
📊Trading PlatformMetaTrader 4, MetaTrader 5, HF App
💍Trading InstrumentsAll
➡️ExecutionMarket
📈Maximum Leverage Ratio1:2000
⬇️Minimum Trade Size0.01 lots
⬆️Maximum Trade Size60 lots
📖Maximum Open Orders500
👉Margin Call (%)50%
🛑Stop-Out (%)20%
💷Account Base CurrencyDepends on the region
👤Personal Account Manager✅ Yes
💵Commission ChargesFrom $6 per round turn on Forex
🎁Bonuses OfferedNone
🫴🏻 Personalized Services✅ Yes
🫰🏻 Swap Free Available?✅ Yes

 

HFM Zero Account Singapore

 

HFM Pro Account

 

The Pro Account is HFM’s service for professional Singapore traders with more demanding trading needs and bigger transaction volumes. This account type has smaller spreads and a high leverage ratio, allowing traders to execute significant trades precisely.

The Pro Account is best suited for traders with extensive expertise and capital searching for a competitive advantage in volatile markets. Furthermore, the lack of commission fees makes it an appealing option for traders seeking a cost-effective yet professional trading experience.

 

🔍Account Feature💍Value
💵Minimum Deposit133 SGD
✏️SpreadsFrom 0.5 pips EUR/USD
📊Trading PlatformMetaTrader 4, MetaTrader 5, HF App
💍Trading InstrumentsAll
➡️ExecutionMarket
📈Maximum Leverage Ratio1:2000
⬇️Minimum Trade Size0.01 lots
⬆️Maximum Trade Size60 lots
📖Maximum Open Orders500
👉Margin Call (%)50%
🛑Stop-Out (%)20%
💷Account Base CurrencyDepends on the region
👤Personal Account Manager✅ Yes
💵Commission ChargesNone
🎁Bonuses OfferedNone
🫴🏻 Personalized Services✅ Yes
🫰🏻 Swap Free Available?✅ Yes

 

HFM Pro Account Singapore

 

HFM Top-Up Bonus Account

 

The Top-Bonus Account by HFM is crafted to offer traders from Singapore added incentives in the form of bonuses, thereby boosting their trading capital. This specialized account category aims to attract those seeking extra funds to strengthen their positions.

If one’s strategies align with available bonuses, they stands a chance at benefiting enormously and increasing market exposure potential through this account type.

 

🔍Account Feature💍Value
💵Minimum Deposit0 SGD
✏️SpreadsFrom 1.4 pips EUR/USD
📊Trading PlatformMetaTrader 4, MetaTrader 5, HF App
💍Trading InstrumentsAll
➡️ExecutionMarket
📈Maximum Leverage Ratio1:1000
⬇️Minimum Trade Size0.01 lots
⬆️Maximum Trade Size60 lots
📖Maximum Open Orders500
👉Margin Call (%)50%
🛑Stop-Out (%)20%
💷Account Base CurrencyDepends on the region
👤Personal Account Manager✅ Yes
💵Commission ChargesNone
🎁Bonuses OfferedNone
🫴🏻 Personalized Services✅ Yes
🫰🏻 Swap Free Available?None
🎀Bonus Percentage20%
🎉Maximum Bonus6,700 SGD

 

HFM Top-Up Bonus Account

 

HFM Demo Account

 

The HFM Demo Account is a valuable strategic tool for Singaporean traders, providing a simulated trading environment with real-time market data. This tool is useful for novice and expert traders who want to practice trading techniques without risking real money.

The demo account is a one-of-a-kind option that provides limitless access, allowing Singaporeans to spend as much time as they need to become acquainted with market dynamics and accessible trading platforms.

Furthermore, the HFM demo account is also a great place for more experienced traders to test sophisticated strategies and hone their skills in a risk-free environment.

In addition, the demo account is an educational asset that facilitates continual learning and adaptation in a fast-evolving financial sector for Singapore’s diversified and tech-savvy trading community.

 

HFM Islamic Account

 

The HFM Islamic Account is specifically created to meet the demands of Singapore’s Muslim community, conforming to Sharia law by offering a swap-free trading experience.

This account minimizes the risk of incurring overnight interest, which is forbidden in Islam, allowing Muslim traders to participate in the financial markets while adhering to their religious views.

The Islamic Account is open to Muslim traders and those who choose not to deal using swaps due to their trading strategy.

This inclusivity demonstrates HFM’s dedication to meeting the different demands of Singapore’s multi-ethnic and multi-religious population, ensuring that all traders can trade per their values and preferences.

 

HFM Islamic Account

 

HFM Professional Account

 

Apart from the retail Pro account, HFM does not provide standalone accounts for Professional Singaporean traders.

 

Pros and Cons HFM Account Types and Features

 

✅ Pros❎ Cons
HFM offers a Top-Bonus account that offers 20% on depositsCommission-free accounts incur wide spreads
Traders can convert most of HFM’s account types into Islamic AccountsThe Top-Bonus account’s spreads are wide, increasing trading costs
There is an unlimited demo account availableSingaporeans cannot choose SGD as their account base currency

 

What is the leverage offered in HFM’s different account types?

HFM’s leverage varies by account type, with possibilities up to 1:2000, offering flexibility for various trading techniques.

 

Are there any account maintenance fees for HFM accounts?

No, HFM may levy inactivity fees on dormant accounts, but there are no account maintenance costs in general.

 

HFM Account Types and Features

 

HFM Base Account Currencies and Basic Order Types

 

HFM Base Account Currencies

 

The base account currencies available to Singaporeans include the following

 

  • ✅ USD
  • ✅ EUR
  • ✅ NGN
  • ✅ ZAR

 

HFM Basic Order Types

 

  • Market Order – A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your price chart. If you place a market order, you will be immediately entered at the best available price.
  • ✅ Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at market to enter the trade immediately.
  • Stop Order – A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
  • ✅ This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.
  • Limit Order – Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order.
    • Limit orders can be either buy or sell limits, depending on the market’s direction before your anticipated reversal.
    • A sell limit is used to sell above the market, while a buy limit is used to purchase below the market.

 

 

HFM Base Account Currencies and Basic Order Types Singapore

 

How to Open and Close an HFM Account

 

How to open an HFM Account

 

To open an account with HFM, Singaporeans can follow these steps:

 

  • ✅ Begin by going to the HFM website and selecting ‘Open Live Account‘ or ‘Open Demo Account‘; select the appropriate option to begin the registration procedure.
  • ✅ Fill out the registration form with your personal information, including your full name, email address, and phone number, and create a secure password.
  • ✅ Fill out the HFM Live Account Profile with extra personal information and take an appropriateness test to comply with Know Your Customer (KYC) rules.
  • ✅ Upload the necessary identification documents to validate your account, such as a government-issued ID and evidence of residence, such as a recent utility bill or bank statement.
  • ✅ Choose your preferred trading platform from the available alternatives (MetaTrader 4 and MetaTrader 5) and complete the platform registration process.
  • ✅ Read HFM’s Terms and Conditions carefully, and if you agree, submit your approval to abide by these terms.
  • ✅ Check your inbox for a verification email from HFM, which will be sent to the email address you supplied, and click the verification link to confirm your registration.
  • ✅ Once your account has been properly validated and activated, you may log in and deposit funds to begin trading.

 

How to Close an HFM Account

 

To close a live trading account with HFM, Singaporean traders can follow these steps:

 

  • ✅ To confirm ownership of the account you desire to delete, log into your HFM trading account using your personal credentials.
  • ✅ Before beginning the closure procedure, contact HFM customer service for help and to learn if there are any prerequisites or restrictions for account closure.
  • ✅ Locate and pick the option for ‘Account Closure‘ or ‘Terminate Account‘ inside the account settings or dashboard, which allows you to proceed with the closure procedure.
  • ✅ Examine the terms and conditions of terminating an account to ensure that you fully understand the implications and consequences of this decision.
  • ✅ Confirm your decision to close the account; this may necessitate a reconfirmation of your willingness to terminate the account.
  • ✅ Ensure all active positions are terminated, and any leftover money in your account has been withdrawn to avoid losing those funds following account closure.
  • HFM will process your request and deactivate your trading account once you have confirmed the account closure.

 

What documents are needed to verify an HFM account?

Traders must upload documentation showing their identification and residency status to validate their HFM account.

 

How long does it take to open and activate an HFM account?

The time it takes to open and activate an HFM account varies, but activation is usually immediate after all necessary information has been supplied and validated.

 

Is it necessary to withdraw the remaining balance before closing an HFM account?

Yes, any remaining balance must be withdrawn to avoid losing those funds while closing an HFM account.

 

How long does it take to process the closure of an HFM account?

The time it takes to close an HFM account varies, but if the request is confirmed, the closure is usually completed quickly.

 

How to Open and Close an HFM Account

 

HFM Trading Platforms

 

HFM offers Singaporean traders a choice between these trading platforms:

 

  • ✅ MetaTrader 4
  • ✅ MetaTrader 5
  • ✅ HFM App

 

HFM MAM / PAMM Features

 

HFM’s MAM/PAMM accounts are an appealing option for Singaporean traders seeking a more passive investment technique in the financial markets.

These accounts, managed by HF Markets (SV) Ltd, operate on a Percentage Allocation Money Management (PAMM) model, which is especially useful for those who do not have the time or expertise for active trading.

This methodology allows Singaporean investors to distribute their cash to qualified PAMM Fund Managers. These managers oversee the trading activity and are compensated with a success fee.

This configuration is great for Singapore investors who want to participate in the financial markets but do not want to be involved in day-to-day trading.

HFM offers two kinds of PAMM accounts: Premium and Premium Plus. These account types can be accessed via the widely known MT4 platform, which makes it familiar and straightforward for many Singaporean traders.

The spreads on the Premium account start at 1.1 pips, while those in the Premium Plus begin from 0.3 pips with an added $5 charge for every transaction that involves $100,000 or more.

The good news is that both categories of these accounts attract a leverage ratio reaching up to 1:300, hence providing flexibility regarding trading techniques available for investors based in Singapore.

Singaporeans who use PAMM accounts have a crucial advantage: the ability to diversify their investment portfolios. Investors can spread out their risk by investing in various asset types such as Forex, commodities, and indexes.

This kind of diversification is especially popular among Singaporean investors looking to balance potential risks and venture into new markets.

 

MetaTrader 4

 

For Singaporean traders, HFM’s MetaTrader 4 stands out for its user-friendly interface, a significant benefit for both beginner and seasoned traders in the region. Its strong charting skills are especially useful for Singapore traders who rely largely on technical analysis to navigate the volatile Asian markets.

The customization features in MT4 enable Singaporean traders to adjust their trading environment to various trading styles and strategies common in Singapore’s diversified trading community.

The platform’s stability and reliability are critical for traders in Singapore’s volatile market, ensuring consistent performance in the face of altering market conditions.

Furthermore, because MT4 is compatible with a broad range of devices, Singaporean traders can stay connected to their trades and manage their portfolios simply, whether at home or on the go.

 

HFM MetaTrader 4

 

MetaTrader 5

 

HFM’s MetaTrader 5 serves effectively to the advanced portion of Singaporean traders. Its ability to trade different assets from one platform is especially enticing in the Singapore market, which is noted for having various investing interests.

Singaporean traders looking to diversify their portfolios beyond forex can benefit greatly from MT5’s access to equities, indices, and commodities.

Singaporean traders benefit from MT5’s extended analytical tools, which offer greater market insights through more technical indicators and graphical objects than its predecessor. This is particularly advantageous in Singapore’s advanced financial market.

Moreover, MT5 boasts improved back-testing capabilities that prove invaluable for algorithmic traders seeking to refine their intricate trading strategies with precision testing methods.

 

HFM MetaTrader 5

 

HFM App

 

The HF App caters to the fast-paced and tech-savvy lifestyle of traders in Singapore. It seamlessly integrates with HFM’s trading services, enabling a complete trading experience while travelling.

One of its notable features is the real-time market news and analysis tool that keeps Singaporean traders informed about market movements – an essential element for making timely decisions, given how quickly financial markets evolve in this region.

The app’s user-friendly design makes it easy for traders who are always on the go to navigate trades and perform maintenance.

Additionally, Singaporean traders greatly benefit from the HF App’s alert system as it provides timely updates about crucial market events and account changes. This helps ensure that they remain informed at all times and can respond promptly to fluctuations in the market.

 

HFM App Singapore

 

Pros and Cons HFM Trading Platforms

 

✅ Pros❎ Cons
HFM’s app is compatible with a range of mobile operating systemsThe HF App lacks the functionality of MT4 and 5
Singaporeans can easily deposit and withdraw funds using the HF AppHFM does not offer a proprietary desktop app or web terminal

 

Can Singaporean traders choose their fund manager in HFM’s PAMM program?

Yes, Singaporean traders in HFM’s PAMM program can select their fund manager based on performance and strategy.

 

How does HFM ensure the security of funds in PAMM accounts?

HFM safeguards funds in PAMM accounts via segregated accounts and stringent control of fund managers’ activity

 

Are HFM’s trading platforms suitable for beginner Singaporean traders?

Yes, HFM’s trading platforms, particularly MetaTrader 4, are user-friendly and appropriate for novice Singaporean traders.

 

Can Singaporean traders use automated trading strategies on HFM’s platforms?

Yes, traders can utilize automated trading techniques on HFM’s platforms, particularly MetaTrader 4 and 5.

 

HFM Trading Platforms Singapore

 

Which Markets Can You Trade with HFM?

 

Singaporean traders can expect the following range of markets from HFM:

 

  • ✅ Precious Metals
  • ✅ Energies
  • ✅ Spot Indices
  • ✅ Futures Indices
  • ✅ Stock CFDs
  • ✅ DMA Stocks (MT5 Only)
  • ✅ Commodities
  • ✅ Cryptocurrencies
  • ✅ Bonds
  • ✅ ETFs

 

Financial Instruments and Leverage offered by HFM

 

🔍Instrument🔢Number of Assets Offered📈Max Leverage Offered
➡️Forex531:2000
💍Precious Metals6Gold: 1:2000
Silver: 1:100
Platinum: Floating
Palladium: 1:20
💻ETFs331:5
📌Spot Indices111:200
🚩Futures Indices121:200
📊Stock CFDs1091:14
💰Cryptocurrency401:50
🛢️Energies21:66
🤝Bonds31:50
🛎️Commodities51:66
💡DMA Stocks1991:5

 

Pros and Cons HFM Range of Markets

 

✅ Pros❎ Cons
There are over 500 financial instruments that can be tradedMetaTrader 4 has fewer instruments available than MetaTrader 5
HFM offers DMA Stocks on MetaTrader 5There are no local Singaporean CFDs offered
Singaporean traders can use leverage of up to 1:2000 on forex major pairs and goldHigh leverage could lead to substantial loss of capital despite negative balance protection

 

Can Singaporean traders trade cryptocurrencies with HFM?

Yes, Singaporean traders can use HFM to trade several cryptocurrencies, broadening their investing possibilities.

 

How often does HFM update its market offerings for Singaporean traders?

HFM updates its market offers regularly to guarantee Singaporean traders have access to current and relevant trading possibilities.

 

HFM which markets can you trade with

 

HFM Fees, Spreads, and Commissions

 

HFM Spreads

 

Singaporean traders working with HFM should expect competitive spreads, which are especially beneficial when trading big currency pairs. For example, spreads on Cent and Premium accounts begin at 1.2 pips, whereas spreads on the Zero account begin at 0.0 pips.

Spreads are further reduced to 0.5 pips with the Pro account. These low spreads are especially advantageous for Singaporean traders who engage in high-volume or frequent trading, where cost minimization is critical.

Furthermore, because Singapore is a significant financial centre, having access to such competitive spreads improves the trading experience for novice and expert traders in the region. Below are some typical spreads that Singaporeans can expect from HFM:

 

🔍Instrument⏱️Average Spread
➡️EUR/USD1.2 pips
📌USD/SGD0.8 pips
🚩NZD/USD2.1 pips
🌟XAG/USD0.03 pips
↘️ XAU/USD0.26 pips
👉US OIL Spot0.06 pips
🛢️US OIL Futures0.11 pips
💻US Tech 100 Spot2.03 pips
🖥️US Tech 100 Futures3.13 pips
💡Volatility Index SP 500 (VIX.F)0.14 pips
🍎APPLE (NASDAQ – APPLE)0.5 pips
📊CommoditiesFrom 0.008 (Copper)
✏️BTC/USD12 pips
🤝BondsFrom 0.05 pips to 0.06 pips

 

HFM Commissions

 

The commission framework employed by HFM has a substantial impact on the Zero account, which mandates a $6 fee for each round turn in Forex trading for Singaporean traders.

This pricing structure holds particular significance for individuals who value narrow spreads and are willing to bear a commission cost in exchange for these trading conditions.

Singaporean traders, recognized for their diverse trading strategies, might be drawn to this arrangement, especially if they frequently buy and sell currency pairs.

 

HFM Overnight Fees

 

HFM charges overnight fees, often swap costs, on open positions. These rates fluctuate according to market conditions and the traded asset.

Singaporean traders, particularly those who maintain positions for more than a day, must be aware of these costs, which can impact the overall profitability of trades. This issue is critical for Singapore traders who use swing trading or carry trading methods.

 

HFM Deposit and Withdrawal Fees

 

HFM offers Singaporean traders the advantage of avoiding expenses for deposits and withdrawals, boosting their fund management’s cost-effectiveness.

Nevertheless, it is essential to note that banks or payment service providers may charge additional fees when transacting in currencies other than SGD. As such, traders should exercise caution and remain vigilant about potential costs.

 

HFM Inactivity Fees

 

Singapore traders should be aware of the inactivity costs levied by HFM on dormant accounts. A monthly fee is imposed if an account is dormant for a specific amount of time, usually six months.

Because this fee is deducted from the account balance, traders must control their trading activity or account status to avoid such charges.

 

HFM Currency Conversion Fees

 

Singaporean traders who deposit or withdraw funds in a currency different from their account’s base currency are subject to HFM fees for currency conversion. This is of utmost importance, especially to Singapore traders, as they commonly deal with SGD and other major worldwide currencies.

These charges significantly affect Singapore-based individuals engaged in global trading or hold accounts denominated in foreign currencies apart from the nation’s primary one – SGD.

 

Pros and Cons HFM Trading and Non-Trading Fees

 

✅ Pros❎ Cons
Singaporeans can expect spreads from 0.0 pips on the Zero AccountHFM charges high inactivity fees
Most entry-level accounts are not subject to commissionsEntry-level accounts have wide spreads
HFM has transparent trading and non-trading feesThere is no option for an SGD-denominated account, subjecting traders to currency conversion fees

 

What are the typical spreads offered by HFM for major currency pairs?

On Cent and Premium accounts, HFM offers competitive spreads starting at 1.2 pips for key currency pairings.

 

Does HFM have any inactivity fees?

Yes, after 6 months of inactivity, HFM assesses inactivity fees on dormant accounts.

 

HFM Fees, Spreads, and Commissions Singapore

 

HFM Deposits and Withdrawals

 

HFM offers Singaporean traders the following deposit and withdrawal methods:

 

  • ✅ Bank Wire Transfer
  • ✅ Electronic Transfer
  • ✅ Credit Card
  • ✅ Debit Card
  • ✅ Skrill

 

Broker Comparison: Deposit and Withdrawals

 

🔍Broker🥇HFM🥈Octa🥉AvaTrade
⏰Minimum Withdrawal Time10 Minutes1 – 3 hours24 to 48 Hours
⏱️Maximum Estimated Withdrawal Time10 business days1 – 3 hoursUp to 10 days
✔️Instant Deposits and Instant Withdrawals?None✅ Yes, DepositsNone

 

HFM Deposit Currencies, Deposit and Withdrawal Processing Times

 

🔍Payment Method💸Deposit Currencies⏰Deposit Processing⏱️Withdrawal Processing💵Max Deposit💷Min Withdrawal
💻Bank Wire TransferDepends on region2 to 7 working days2 to 10 working daysUnlimited100 USD
📱Electronic TransferDepends on regionUp to 10 minUp to 2 working days10,000 USD10 USD or 70 SGD
💳Credit CardDepends on regionUp to 10 min2 to 10 working days10,000 USD5 USD
💳Debit CardDepends on regionUp to 10 min2 to 10 working days10,000 USD5 USD
🌟SkrillDepends on regionUp to 10 minUp to 10 Min10,000 USD5 USD

 

How to make a Deposit with HFM

 

To deposit funds to an account with HFM, Singaporean traders can follow these steps:

 

  • ✅ To ensure that you are accessing the correct account for deposit, start by logging into your HFM account using your login credentials.
  • ✅ Go to the deposit area of the platform after logging in; this is usually located in the account settings or account summary page.
  • ✅ HFM offers various deposit methods, including electronic transfers, credit/debit card payments, and bank transfers.
  • ✅ Enter the required information for the deposit method you have chosen, such as the bank account information for wire transfers or the card information for deposits made with credit or debit cards.
  • ✅ Considering any minimum and maximum deposit restrictions that could apply to your selected method, indicate the amount you would like to put into your HFM account.
  • ✅ Examine any costs related to the deposit method you selected and the anticipated duration of the transaction’s processing.
  • ✅ After ensuring all the information you supplied is accurate, submit your deposit request.

 

How to Withdraw from HFM

 

To withdraw funds from an account with HFM, Singaporean traders can follow these steps:

 

  • ✅ To withdraw funds from your HFM account, please log in to myHF using your personal account credentials.
  • ✅ After logging in, go to the left-hand menu and click “Withdraw” to reach the withdrawal section.
  • ✅ Choose your preferred payment processor from the available options and fill out the withdrawal form with the required information.
  • ✅ As withdrawals can only be processed from confirmed accounts, ensure your account is properly validated. The payment processor’s name must match the name on your HFM trading account.
  • ✅ Enter the amount you want to withdraw, ensuring it meets any minimum withdrawal criteria and your account balance.
  • ✅ Check the withdrawal request for accuracy before submitting it. Remember that some banks and payment processors may charge a fee for the transfer.
  • ✅ If the deposit was made within the preceding six months, funds will be withdrawn to the same payment method used for deposits. Alternative withdrawal methods will be available if the original card is no longer valid.

 

Pros and Cons HFM Deposits and Withdrawals

 

✅ Pros❎ Cons
HFM does not charge any withdrawal feesHFM does not impose a minimum deposit requirement to register an account but has minimum deposit requirements according to the deposit methods
There is no maximum deposit limit on bank wire transfersThere might be a deposit fee for all deposits under $100

 

How long do HFM Deposits take?

Typically, deposits made into an HFM account are handled quickly. However, depending on the deposit method selected, there may be differences in the time frame for the funds to appear in the trading account.

Bank wire transfers may take longer, ranging from two to seven working days, than other options, such as electronic transfers and credit/debit card payments, which can take up to ten minutes.

To guarantee that money is available when needed, Singaporean traders should consider these time frames while organizing their trading activity.

 

What information must I provide for a bank transfer deposit with HFM?

Provide your bank account information and the amount you intend to deposit for a bank transfer deposit with HFM.

 

Can I use multiple deposit methods with HFM?

Yes, HFM accepts multiple deposit methods.

 

How long do HFM Withdrawals take?

Withdrawal processing times at HFM vary depending on the payment type selected. While some methods, such as Skrill, may complete withdrawals in as little as 10 minutes, others, particularly bank wire transfers, might take up to 10 working days.

Singaporean traders should schedule their financial activity around these processing timeframes to ensure they can access their funds when needed.

Furthermore, it is also worth noting that while HFM does not charge fees for withdrawal requests, the chosen bank or payment processor may charge costs or have longer processing times.

 

Can I withdraw my funds to a different bank account than the one I used for depositing at HFM?

Withdrawals at HFM are typically routed to the same account as deposits, but alternative ways are available if the original account is no longer available.

 

Can I cancel a withdrawal request at HFM?

Yes, if your withdrawal request has not yet been processed, you can cancel it at HFM.

 

What is the maximum deposit limit for Electronic Transfers at HFM?

With HFM, the maximum deposit limit for Electronic Transfers is $10,000.

 

How long do deposits take to process at HFM?

HFM deposits are often handled within 10 minutes. However, bank wire transfers might take up to 7 working days.

 

HFM Deposits and Withdrawals Singapore

 

HFM Education and Research

 

HFM Education

 

HFM offers the following Educational Materials to Singaporean traders:

 

  • ✅ HFM Educational Videos
  • ✅ Training Course Videos
  • ✅ Forex Education
  • ✅ eCourses
  • ✅ Live Webinars
  • ✅ Events
  • ✅ Trading Classes
  • ✅ Podcasts

 

Research and Trading Tool Comparison

 

🔍Broker🥇HFM🥈Octa🥉AvaTrade
📆Economic Calendar✅ Yes✅ Yes✅ Yes
💻VPS✅Yes✅Yes✅Yes
➡️AutoChartist✅Yes✅YesNone
✴️Trading ViewNoneNoneNone
🏦Trading CentralNoneNone✅ Yes
📊Market Analysis✅ Yes✅ Yes✅ Yes
📰News Feed✅ Yes✅ Yes✅ Yes
🖥️Blog✅ Yes✅ Yes✅ Yes

 

HFM also offers Singaporean traders the following additional Research and Trading Tools:

 

  • ✅ HF App
  • ✅ VPS Hosting Services
  • ✅ Premium Trader Tools
  • ✅ AutoChartist Tools
  • ✅ Trading Calculators
  • ✅ myHF Client Area
  • ✅ Advanced Insights
  • ✅ Economic Calendar
  • ✅ Traders’ Board
  • ✅ Auto Trading through MQL5
  • ✅ Forex News presented by FxStreet
  • ✅ One-Click Trading
  • ✅ Events
  • ✅ HFM Exclusive Analysis

 

Pros and Cons HFM Education and Research

 

✅ Pros❎ Cons
HFM offers an unlimited demo account that could benefit beginner and professional traders in SingaporeAutochartist is not available from HFM

 

Can Singaporean traders access live webinars through HFM?

Yes, Singaporean traders can access and participate in HFM’s live webinars.

 

Does HFM provide real-time forex news updates?

Yes, through its partnership with FxStreet, HFM provides real-time forex news updates, keeping Singaporean traders aware of market movements.

 

HFM Education and Research Singapore

 

HFM Customer Support

 

👥Customer Support📌HFM Customer Support
🕰️Operating Hours24/5
🚩Support LanguagesMultilingual
🗣️Live Chat✅ Yes
💻Email Address[email protected]
☎️Telephonic Support✅ Yes
💯The overall quality of HFM Support4/5

 

Quality of Customer Service

 

In our experience, HFM’s customer service has been exceptional, providing multilingual help and 24/5 availability, which is critical for Singapore’s diverse and dynamic trading community. Response times are swift, and the support personnel is educated, handling questions and difficulties quickly.

Singaporean traders benefit from the different support channels, which include live chat and email. This excellent degree of customer service adds substantial value to the overall trading experience with HFM, instilling trust in their products and support system.

 

HFM Response Time

 

🔍Support Channel⏰Average Response Time⏱️User-based Response Time
☎️Phone5 – 10 minutes5 minutes
💻Email1 working daySame-day
🗣️Live Chat5 minutes1 – 4 minutes
📱Social Media5 minutes2 – 5 minutes
👥Affiliate5 – 10 minutes5 minutes

 

Pros and Cons HFM Customer Support

 

✅ Pros❎ Cons
HFM offers multilingual customer support across various channelsThere is no local office in Singapore
Singaporeans can access HFM’s customer support 24 hours a day, 5 days a weekHFM’s customer support is not available 24 hours a day, 7 days a week

 

What languages does HFM Customer Support offer for Singaporean traders?

HFM’s customer support provides multilingual help, including assistance for Singaporean traders.

 

Does HFM offer any online resources for customer support?

Yes, HFM has a comprehensive FAQ area and online resources for self-help customer support.

 

HFM Customer Support Singapore

 

HFM VPS Review

 

In collaboration with Beeks Financial Cloud, the Virtual Private Server (VPS) solution provided by HFM significantly improves the trading environment for traders based in Singapore.

The VPS service is especially helpful for people who use automated trading systems or engage in high-frequency trading since it guarantees steady and quick trade execution, which is essential for these trading strategies.

The quick connection lowers latency and slippage risk, which is important for traders in unpredictable markets. One notable benefit is that Singaporean traders who meet specific deposit and trading volume requirements can use HFM’s VPS services for free.

HFM offers premium VPS alternatives with monthly rates as low as $30 for those needing more sophisticated features or larger resource allotments. Due to this versatility, traders in Singapore can select a solution that best suits their requirements and trading style, guaranteeing dependability and optimal performance.

 

What are the key benefits of HFM’s VPS service for Singaporean traders?

HFM’s VPS solution provides Singaporean traders with faster trade execution and greater stability, critical for automated and high-frequency trading.

 

Can all Singaporean traders access the HFM VPS service?

Yes, all traders can access HFM’s VPS service, although free access is contingent on satisfying certain criteria.

 

HFM VPS Review Singapore

 

HFM Corporate Social Responsibility

 

HFM’s dedication to Corporate Social Responsibility (CSR) is admirable and demonstrates a wide approach to social involvement. Their substantial financial donations and engagement with the World Health Organization to battle COVID-19 demonstrate their commitment to global health and welfare.

HFM’s commitment to environmental preservation is seen in its collaboration with The Rainforest Alliance, which assists communities affected by Amazon rainforest fires.

Furthermore, their collaboration with the Larnaca Lions Club in Cyprus, as well as the execution of holiday activities for children, show a strong dedication to local community development and assistance.

These activities demonstrate HFM’s commitment to creating a positive effect outside its core financial services.

 

Social Trading with HFM

 

HFCopy and HFM constitute a lively social trading platform that enjoys considerable popularity amongst the Singaporean financial community.

Its primary objective is to encourage and cultivate collaborative engagement among traders of all levels by creating an environment where novices and experts can work together to enhance their trading capabilities.

As a bridge between both groups of traders, HFCopy promotes collective learning and exchanging ideas towards positive outcomes.

HFCopy allows Singaporean traders to follow expert traders or become strategy providers. This structure can greatly help new traders in Singapore, as they can imitate the transactions of more experienced rivals, getting insights and learning in real-time.

This tool is especially useful for traders who are still learning the ropes and wish to reduce their risk while harnessing the wisdom of seasoned traders.

In contrast, skilled Singaporean traders can serve as strategy suppliers on HFCopy. By sharing their trading ideas, individuals not only help beginners learn but also have the opportunity to earn performance-based fees.

This results in a win-win situation, encouraging a trade community in which knowledge is shared and competence is rewarded. In addition, HFCopy is available via online browsers, ensuring convenience and speed for Singaporean traders.

The openness and security of this platform are further reinforced by tight client approval requirements and an Appropriateness Test, which assures that users understand the risks involved in trading.

The HFCopy structure stresses the importance of risk management and individualized trading approaches by limiting the number of followers per strategy provider.

This element of HFCopy resonates nicely with the Singaporean trading community’s diverse and dynamic needs, catering to new and seasoned traders looking to broaden their trading horizons through collaborative and educated trading methods.

 

What is HFM’s social trading platform for Singaporean traders?

HFM provides HFCopy, a social trading platform that allows Singaporean traders to follow or copy the trading methods of more experienced traders.

 

Can Singaporean traders use HFM’s social trading platform on mobile devices?

Yes, Singaporean traders can use mobile devices to access HFM’s social trading platform, providing ease and flexibility.

 

HFM Corporate Social Responsibility Singapore

 

HFM Trading Signals

 

HFM does not offer trading signals, which is a significant consideration for Singaporean traders who rely on these tools to guide their trading decisions.

Without access to such signals, traders must either conduct their research or tap into external resources to identify potential trade opportunities supported by thorough market analysis.

 

HFM Trading Signals

 

HFM Cashback Rebates Features and Conditions

 

For Singaporean traders, HFM’s Cashback Rebates program is a valuable feature that provides extra earning chances based on trading volume. Up to $6 can be made per lot by Premium or Micro Accounts affiliates on trades involving US shares, metals, indices, oil, and commodities.

The rebate is $3 per lot for anyone with a Zero Account. Trades in forex can return as much as 60% of the pip value, demonstrating how profitable the technique is. Certain assets, including indexes and gold, are offered with fixed commissions.

The Automatic Rebate System, which streamlines commission collection, is a key component of this scheme. Weekly commission payments give affiliates a reliable source of revenue.

Because of the program’s transparency, affiliates are guaranteed to fully understand the trading activity and related commissions of the clients they promote.

This tool provides traders wishing to optimize their affiliate marketing revenues with a helpful route, fitting nicely with Singapore’s diversified and dynamic trading environment.

 

How do Singaporean traders qualify for HFM cashback rebates?

Singaporean traders who trade on certain instruments and fulfil the stipulated trading volume requirements are eligible for HFM cashback rewards.

 

Are there any conditions or limitations on withdrawing rebate earnings from HFM?

While HFM allows traders to withdraw rebate earnings, they should know any rules or limitations that may apply to their account type or trading activity.

 

HFM Cashback Rebates Features and Conditions Singapore

 

HFM Web Traffic Report

 

🌐Global Rank31,819
🌎Country Rank392
📊Category Rank353
🔢Total Visits1.8 million
➡️Bounce Rate29.72%
📖Pages per Visit6.09
🕰️Average Duration of Visit00:07:52
📆Total Visits in the last three monthsSeptember – 2.2 million
October – 1.6 million
November – 1.8 million

 

HFM Web Traffic Report Singapore

 

HFM Sponsorships

 

HFM has proved its dedication to excellence and diversity through different sponsorships, reflecting its dynamic brand ethos. From 2020 to 2022, a major relationship was formed with Paris Saint-Germain FC, reflecting a marriage of money and sporting prowess.

This partnership went beyond branding by providing instructional insights to traders, effectively integrating the worlds of finance and sports.

Furthermore, HFM’s entry into the e-sports sector in 2019 through cooperation with Santos e-sports signified a substantial expansion into the booming e-sports market.

These sponsorships, which include assistance for the young Cypriot driver Tio Ellinas in racing, demonstrate HFM’s commitment to supporting talents and initiatives in various sectors.

 

HFM Sponsorships

 

HFM Geographic Reach and Limitations

 

HFM’s Current Expansion Focus

 

HFM is currently expanding globally across Asia, Africa, Europe, etc.

 

Countries not accepted by HFM

 

HFM does not accept traders from the following countries:

 

  • ✅ The United States
  • ✅ Canada
  • ✅ North Korea
  • ✅ Syria
  • ✅ Sudan

 

Popularity among Singaporean traders who choose HFM

 

HFM is one of the Top 5 forex and CFD brokers for Singaporean traders.

 

Does HFM have any geographical limitations in its services?

Yes, it does. HFM’s services are globally available. However, due to governmental restrictions, it has limitations in nations such as the United States and Canada.

 

Can traders from all over Asia access HFM’s services?

Yes, traders from most regions of Asia can use HFM’s services, except for North Korea, which has unique restrictions.

 

HFM Geographic Reach and Limitations Singapore

 

HFM – Best Countries by Traders

 

🌎Country🌟Market Share
🏅Nigeria20.88%
🥇Malaysia12.82%
🥈Japan9.49%
🥉India9.04%
🏆South Africa5.77%

 

HFM – Best Countries by Traders

 

HFM vs Octa vs AvaTrade – A Comparison

 

🔍Broker🥇HFM🥈Octa🥉AvaTrade
⌛RegulationFSCA, CySEC, DFSA, FSA, FCA, FSC, and CMA with registration in ACPR, BaFin, MNB, CONSOB, CNMV, FI, FMA, FSC, and other regionsCySEC, SVG FSACentral Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC
📊Trading PlatformMetaTrader 4
MetaTrader 5
HFM App
MetaTrader 4
MetaTrader 5
OctaTrader
Octa App
AvaTrade WebTrader
AvaTradeGO
AvaOptions
AvaSocial
MetaTrader 4
MetaTrader 5
DupliTrade
ZuluTrade
💵Withdrawal FeeNoneNoneNone
🗂️Demo Account✅ Yes✅ Yes✅ Yes
💷Min Deposit0 SGD33 SGD130 SGD
📈Leverage1:20001:5001:30 (Retail)
1:400 (Pro)
✏️Spread0.0 pips0.6 pipsFixed, from 0.9 pips
💶Commissions$6 per round turnNoneNone
🛑Margin Call/Stop-Out50%/20%25%/15%25% - 50% (M)
10% (S/O)
🧑‍⚖️Order ExecutionMarketMarketInstant
➡️No-Deposit BonusNoneNoneNone
💰Cent AccountsNoneNoneNone
🗂️Account TypesCent Account
Premium Account
Zero Account
Pro Account
OctaTrader Account
Octa MetaTrader 4
Octa MetaTrader 5
Retail Account
Pro Account
Islamic Account
📌MAS RegulationNoneNoneNone
💴SGD Deposits✅ YesNoneNone
🚩SGD AccountNoneNoneNone
🕰️Customer Service Hours24/524/724/5
👉Retail Investor Accounts431
☪️Islamic Account✅ Yes✅ Yes✅ Yes
⬇️Minimum Trade Size0.01 lots0.01 lots0.01 pips
⬆️Maximum Trade Size500 lots500 lotsUnlimited
⏰Minimum Withdrawal Time10 Minutes1 – 3 hours24 to 48 Hours
⏱️Maximum Estimated Withdrawal Time10 business days1 – 3 hoursUp to 10 days
✔️Instant Deposits and Instant Withdrawals?None✅ Yes, DepositsNone

 

Broker Comparison for a Range of Markets

 

🔍Broker🥇HFM🥈Octa🥉AvaTrade
🥇Forex✅ Yes✅ Yes✅ Yes
💍Precious Metals✅ Yes✅ Yes✅ Yes
💻ETFs✅ YesNone✅ Yes
➡️CFDs✅ Yes✅ Yes✅ Yes
✴️Indices✅ Yes✅ Yes✅ Yes
📊Stocks✅ Yes✅ Yes✅ Yes
💰Cryptocurrency✅ Yes✅ Yes✅ Yes
📌OptionsNoneNone✅ Yes
🛢️Energies✅ Yes✅ Yes✅ Yes
🤝Bonds✅ YesNone✅ Yes

 

HFM vs Octa vs AvaTrade – A Comparison

 

HFM Alternatives

 

  • 🥇 AAAFx has gained recognition for its impeccable integration with ZuluTrade, a prominent social trading platform, which makes it an appealing option for Singaporeans interested in copy trading. The broker provides Islamic accounts and a transparent commission structure catering to the varied religious demographics of Singapore. Also, AAAFx supports automated trading strategies and features an intuitive interface, appealing to novice and seasoned Singaporean traders.

 

  • 🥈 Octa is renowned for its appealing incentive programs and low minimum deposit requirements, making it an ideal choice for the expanding trader demographic in Singapore. Their emphasis on mobile trading platforms that are intuitive and conducive to learning is in perfect harmony with the demands of Singapore’s dynamic and technologically proficient trading community. Octa’s dedication to providing a transparent trading environment with competitive spreads is another major selling point for Singaporean investors.

 

  • 🥉 With its social trading platform, LiteFinance distinguishes itself for Singaporean traders by allowing them to replicate the transactions executed by seasoned investors. Beginners will find this feature especially advantageous in Singapore’s diverse market. In addition to providing access to a vast array of financial instruments and competitive spreads, the broker accommodates the diverse trading preferences prevalent in the Singaporean investment community.

 

HFM Alternatives

 

HFM Awards and Recognition

 

HFM received the following recent awards and recognition:

 

  • Best Trading Accounts Globally in 2023, awarded by the World Business Outlook.
  • Top 100 Companies in 2023, awarded by the World Finance Magazine.
  • The Best Stock Broker in 2023, awarded during the FX Awards.
  • Best Online Trading App in 2023, awarded by CFI.CO.
  • Best Trading Platform Broker in 2023, awarded by FX Daily Info.
  • Best Forex Broker Globally (2022), awarded during the European Awards.

 

and many, MANY more!

 

HFM Awards and Recognition Singapore

 

Our Experience with HFM

 

In our experience, HFM has shown to be a trustworthy and versatile broker, particularly for Singaporean traders. It offers a wide selection of account kinds to novice and expert traders.

It is an appealing solution for people wishing to diversify their portfolio due to its competitive spreads and broad asset offers.

Furthermore, HFM’s dedication to security and regulatory compliance provides a level of trust and safety that is essential in today’s trading environment. Its extensive instructional resources and demo account are especially useful for beginners to the Singapore market.

 

HFM Trading Platform

 

HFM gives you access to the MetaTrader 4 and MetaTrader 5 platforms, both well-known in the trading community.

These platforms provide comprehensive charting tools, a user-friendly interface, and several technical indicators to cater to the many trading styles popular with Singaporean traders.

The availability of these platforms on various devices, including mobile via the HF App, enables flexibility and simplicity for mobile traders. This adaptability is essential in Singapore’s fast-paced trading environment since it allows traders to stay connected and react to market movements.

 

Our Experience with HFM

 

Recommendations according to our in-depth review of HFM

 

  • ✅ Improve the mobile application’s functionality by incorporating more sophisticated tools and analytics per the technologically proficient profile of Singaporean traders.
  • ✅ Implement 24/7 service hours to accommodate Singapore’s various time zones and trading schedules.
  • ✅ Expand the implementation of community engagement initiatives in Singapore, including seminars and workshops, to cultivate stronger connections with local traders.
  • Reduce commission rates and increase competitive spreads to improve the cost-effectiveness of trading for Singaporeans.
  • ✅ Expand the selection of Singaporean equities and CFDs to attract traders focusing on domestic markets.
  • ✅ Enhance the educational section with a greater emphasis on localized content and resources that cater to the distinct requirements and preferences of the trading community in Singapore.
  • ✅ Introducing SGD-denominated accounts would effectively mitigate currency conversion fees and enhance local market support.
  • ✅ Deliver trading signals to Singaporean traders to give them actionable insights and aid their decision-making.

 

 

Recommendations according to our in-depth review of HFM Singapore

 

HFM Customer Reviews

 

🥇 Outstanding Broker!

“HFM stands out as a broker known for its courteous and attentive client service. I especially value their proactive customer check-ins. Furthermore, their prompt reaction to deposit and withdrawal requests and the variety of educational tools to improve one’s trading skills are remarkable. Furthermore, the educational seminars available on YouTube are a wonderful resource.” – Mason Heng (December 2023)

 

🥈 Happy Customer!

“I’m captivated by the wide range of tools offered on HFM. I am about to use HFCopy for the first time, and I am convinced that it will be a wonderful experience, similar to my prior regular forex trading on this platform.” – Jayden Loh (December 2023)

 

🥉 Award Winning Broker!

“HFM supports both the MetaTrader 4 and MetaTrader 5 platforms, which are widely used in the business. They also have their own award-winning mobile app with great design and functionality. This comprehensive platform suits all of my trading needs.” – Ting Fong (September 2023)

 

HFM Customer Reviews Singapore

 

Pros and Cons of Trading with HFM

 

✅ Pros❎ Cons
Singaporeans can trade over 500 instruments with HFMHFM charges inactivity fees
HFM is a well-regulated and trusted broker for Singaporean tradersThere is no SGD-denominated account
There are commission-free trading accounts offeredHFM has limited payment methods for deposits and withdrawals
Singaporeans can register a Top-Bonus Account to benefit from deposit bonusesThere are no local Singaporean CFDs offered
There is an unlimited demo account available to SingaporeansThere is no 24/7 customer support available
HFM offers flexible account types with competitive trading conditions across marketsHFM is not regulated in Singapore

 

In Conclusion

 

In our experience, HFM provides Singaporean traders with a reliable alternative, as its diverse selection of account types accommodates various levels of expertise and trading preferences.

Furthermore, our findings show that MT4 and MT5, among other trading platforms, are among the robust regulatory frameworks and versatile trading platforms that contribute to the broker’s dependability and adaptability.

Nevertheless, the absence of trading signals and SGD-denominated accounts might discourage certain Singaporean traders from utilizing it.

Per our research, notable attributes include the VPS service and the Cashback Rebates program, which augment trading efficacy and provide supplementary opportunities for earning.

Overall, we can conclude that although HFM demonstrates dedication to educating and safeguarding its clients, its offerings may benefit from greater customization to suit the specific requirements and inclinations of the Singaporean market.

 

HFM Risk Warning and Disclaimer for Traders:  Singaporean traders should be mindful of the hazards when using HFM, particularly in the currency market. Because of the market’s volatility, trading currencies against the SGD or any other currency carries a substantial risk.

Excessive leverage can result in significant losses that exceed the initial investment, even if it may also increase earnings. Traders must employ responsible risk management techniques, comprehend market dynamics, and utilize leverage sparingly.

Not every investor is suited for trading in foreign exchange and other financial products; thus, one should proceed cautiously and make well-informed decisions.

 

Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.

Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.

Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

 

Now it is your turn to participate:

  • ✅ Do you have any prior experience with HFM?
  • ✅ What was the determining factor in your decision to engage with HFM?
  • ✅ Was it because of the minimum deposit, regulation, retail trading accounts, or other factors?
  • ✅ Have you experienced issues with HFM, such as difficulty withdrawing funds, inability to verify regulations, unresponsive customer support, etc.?

 

Regardless, please share your thoughts in the comments below.

 

Addendum/Disclosure: No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.

 

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all Singaporean investors.

Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

 

Frequently Asked Questions

 

Is HFM regulated in Singapore?

No, HFM is not directly regulated by the Monetary Authority of Singapore (MAS). Still, it is licensed and controlled by several global bodies, assuring a safe trading environment for Singaporeans.

 

Does HFM offer Islamic accounts for Singaporean Muslim traders?

Yes, HFM provides swap-free Islamic accounts that adhere to Sharia law, addressing the needs of Muslim traders in Singapore.

 

Is HFM regulated?

Yes, HFM is governed by stringent international regulations. In addition, HFM possesses licenses and is acknowledged by several reputable regulatory organizations around the globe, providing Singaporean traders with further assurance.

 

Is customer support from HFM available 24/7 for Singaporean traders?

HFM delivers 24-hour customer service and multilingual help to the broad Singaporean trade community.

 

Is HFM Safe or a Scam?

HFM is a trustworthy and secure platform. Due to its extensive portfolio of international licenses and rigorous compliance with diverse regulatory standards, it guarantees the highest level of security for traders based in Singapore.

 

Can Singaporean traders use SGD as their base currency with HFM?

No, they cannot. Because HFM does not provide SGD-denominated accounts, Singaporean traders must consider currency conversion variables when trading.

 

Does HFM have Nasdaq 100?

Yes, HFM provides Nasdaq 100 index CFDs. Furthermore, CFDs allow Singaporean traders to purchase and sell shares on the Nasdaq market.

 

Does HFM have VIX 75?

Yes, Traders from Singapore can access the VIX 75 via the HFM platform. Their access to exceedingly low spreads beginning at 0.14 pips makes this a highly attractive trading option.

 

What types of trading accounts are available with HFM for Singaporeans?

HFM provides a variety of accounts, including Cent, Premium, Zero, Pro, Top-Bonus, and Islamic accounts, each targeted to specific trading styles and experiences.

 

How long does it take to withdraw from HFM?

Withdrawal processing times at HFM vary based on the payment method selected. It can range from a minimum of 10 minutes to a maximum of 10 days, providing Singaporean traders with flexibility and convenience.

 

Can Singaporean traders participate in HFM’s affiliate program?

Yes, Singaporean traders can participate in HFM’s affiliate program, benefiting from attractive commission rates and extensive assistance.

 

What educational resources does HFM provide for new traders in Singapore?

HFM provides various educational tools for beginners in the Singapore market, including webinars, e-courses, and training videos.

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