Are you considering opening an account with HFM(H.F. Markets) but are unsure which account type is right for you, or are you overwhelmed by the variety of options like cent accounts and zero accounts?
In fact, each ofHFM's six account types has distinct characteristics, allowing you to choose the best option based on your investment style and experience level
This article provides a thorough comparison of allHFMaccount types, explaining in detail the advantages and disadvantages of each account, as well as key points to consider when choosing the right one
What you will learn from reading this article
- Features and differences in specifications of all 6 types of HFMaccount types
- Comparison of key factors such as leverage, spread, fees, and bonuses
- Recommended accounts for different skill levels, from small accounts for beginners to low-spread accounts for advanced traders
- Important points to note to prevent mistakes, such as the inability to make changes after opening an account
- Frequently asked questions and answers regarding account opening (maximum number of accounts, yen denomination support, account opening period, etc.)
After reading this article, you will be able to confidently choose the best account and start trading withHFMwith peace of mind
For information on HFM's withdrawal refusals and reliability, please check HFM's reputation and customer reviews
List of all 6 account types at HFM
HFMoffers six account types to choose from, depending on the trader's experience and style
A key feature is the wide range of accounts available, from small-amount trading accounts for beginners to professional-grade low-spread accounts
Each account type has distinct differences, and choosing the right one can significantly improve trading efficiency
| Account type | Maximum leverage | spread | Transaction fees | Minimum deposit amount |
|---|---|---|---|---|
| Cent account | 2,000 times | 1.2 pips ~ | free | $0 |
| ProDrive | 2,000 times | 0.5 pips ~ | free | $100 |
| Premium Account | 2,000 times | 1.2 pips ~ | free | $0 |
| Zero Account | 2,000 times | 0.0 pips ~ | Round trip from $6 | $0 |
| Top-up bonus account | 1,000 times | 1.4 pips ~ | free | $0 |
| HF Copy Account | 500 times | 1.2 pips ~ | free | $25～ |
The most important point when choosing an account is to clearly define your capital and trading style
Depending on your goals, such as wanting to start with a small amount, wanting to minimize transaction costs, or wanting to take advantage of bonuses, the best account for you will vary
In the following sections, we will explain the details of each account type in order
HFMCent Account
HFMcent account is a special account type that allows trading with extremely small lot sizes, just 1/100th of the normal lot size
One cent lot is equivalent to 1,000 units of currency, allowing you to experience trading in the actual market starting from just a few hundred yen
This allows you to trade with minimal risk while utilizing high leverage of up to 2,000 times
Its biggest features are its ease of use, with a minimum deposit of $0 and completely free trading fees
However, it's important to understand beforehand that the only tradable products are foreign exchange and gold
Compared to other account types, this one is specifically designed for practice and testing
HFMcent account specifications
Let's take a closer look at the basic specifications of the Cent account. The maximum leverage is 2,000 times, which is among the best in the industry. The spread starts at 1.2 pips for EUR/USD, which is a standard setting
A key feature is that there are absolutely no trading fees, allowing you to focus on trading without worrying about additional costs. The minimum deposit is $0, meaning there are no restrictions on the amount you can deposit, so you can prepare funds at your own pace. One cent lot is equivalent to 1,000 units of currency, and you can trade from a minimum of 0.01 cent lots (10 units of currency)
| item | detail |
|---|---|
| Maximum leverage | 2,000 times |
| spread | 1.2 pips ~ |
| Transaction fees | free |
| Minimum deposit amount | $0 |
| Minimum trading unit | 0.01 cent lot (10 units of currency) |
| Products handled | Over 50 types of foreign currency and gold |
| platform | MT4/MT5 compatible |
The system is designed so that a margin call occurs when the margin maintenance ratio falls below 50%, and a forced stop-loss occurs when it falls below 20%
hold up to 150 positions simultaneously, and EAs (Expert Advisors) are also available, allowing you to try out various trading strategies.
Benefits of HFMcent account
The biggest advantage of a cent account is that you can gain practical experience with significantly less capital
For example, when trading USD/JPY in 0.01 cent lots (10 units of currency), even a price movement of approximately $0.01 will result in a profit or loss of only approximately $0.06
We provide an environment where beginners can learn order methods and chart analysis without fearing large losses
The high leverage of 2,000 times is also a major strength
Even with a small amount of capital, you can secure sufficient trading volume, enabling capital-efficient trading
Furthermore, since there are no transaction fees, you won't incur any extra costs even if you frequently buy and sell
Another important point is that it can be traded in the real market
Unlike a demo account, you can experience actual execution speed and slippage
Being able to practice in a real-world environment, including under psychological pressure, is an essential element for growth as a trader
It is fully compatible with both MT4 and MT5, and automated trading using a wide range of indicators and EAs works without any restrictions
Since scalping and hedging are permitted, you can try out various trading methods
<!– wp:acf/title-box { "id": "block_68da7f1dacc35", "name": "acf/title-box", "data": { "block_title-box_title": "【セント口座のメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- Trading is possible with a minimum of 10 currencies (minimizing risk) rn t
- With a maximum leverage of 2,000 times, even small amounts can be used efficiently rn t
- Transaction fees are completely free rn t
- You can gain practical experience in the real market rn t
- Fully compatible with both MT4 and MT5 rn t
- No restrictions on EAs (automated trading) or scalping rn
Disadvantages of HFMcent accounts
It's important to understand that there are some limitations to cent accounts
The biggest drawback is undoubtedly the limited selection of trading products
Trading is limited to foreign exchange and gold only; stock CFDs, cryptocurrencies, crude oil, etc., are not available
It's an unavoidable characteristic that profit margins tend to be small
While the risk is low, it is structurally difficult to aim for large profits
Even if you make a profit of 10 pips with a 0.01 cent lot, the actual profit will only be about $0.63
Furthermore, attention should be paid to the unique notation used for cent accounts
Because the units are different from regular accounts, it's easy to make mistakes when calculating position sizes until you get used to it
If you are using accounts with other companies in addition to this one, you may encounter confusion due to differences in lot sizes
<!– wp:acf/title-box { "id": "block_68da802dacc37", "name": "acf/title-box", "data": { "block_title-box_title": "【セント口座のデメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- The only trading products are foreign exchange and gold rn t
- The profit margin is small, making it difficult to generate substantial revenue rn t
- The centlot notation is difficult to understand rn t
- It's easy to get confused about lot sizes when using accounts with other companies rn
HFMPro Account
HFM's Pro account is an account type that combines industry-leading narrow spreads with zero commissions
With spreads starting from a narrow 0.5 pips, we have created an environment where you can significantly reduce trading costs
The minimum deposit is $100 (approximately $93.75), and advanced trading tools are also available
The Pro Account is designed to allow frequent traders to utilize a professional trading environment while minimizing trading costs
However, since it is not eligible for bonus programs, this account is chosen purely for those who prioritize favorable trading conditions
HFMPro Account Specifications
Let's take a closer look at the basic specifications of the professional account. The maximum leverage is 2,000 times, which is among the best in the industry
The spread for EUR/USD starts at 0.5 pips (average 0.6 pips), which is about 50% narrower compared to the 1.2 pips offered in premium accounts
It features a simple pricing structure with no transaction fees, only a spread
The minimum deposit is $100 (approximately $93.75), which is higher than the $0 minimum for premium accounts
The minimum trading unit is 0.01 lots (1,000 currency units), and you can trade up to a maximum of 60 standard lots
| item | detail |
|---|---|
| Maximum leverage | 2,000 times |
| spread | 0.5 pips ~ |
| Transaction fees | free |
| Minimum deposit amount | $100 |
| Minimum trading unit | 0.01 lot (1,000 units of currency) |
| Products handled | Over 50 types of foreign exchange, precious metals, energy, stock indices, and stock CFDs |
| platform | MT4/MT5 compatible |
The system is designed so that a margin call occurs when the margin maintenance ratio falls below 50%, and a forced stop-loss occurs when it falls below 20%
hold up to 500 simultaneous positionsand full support for EAs (Expert Advisors), you can execute a variety of trading strategies.
Benefits of HFMPro Account
The biggest advantage of a Pro account is the low-cost trading environment, achieved through a combination of narrow spreads and commission-free trading
With spreads starting from just 0.5 pips on the EUR/USD pair, you can save approximately 50% on costs compared to the industry average of 1.0 pips
Because there are absolutely no fees, calculating transaction costs is easy, and managing profits and losses is also simple
The availability of advanced trading tools is also a major attraction. You can use the Autochartist plugin for automated chart analysis and the Advanced Insights tool, which features AI sentiment analysis, for free
Furthermore, you can also use Premium Trader Tools provided by FX Blue Labs, creating a professional trading environment
A notable feature is the Return on Free Margin program, which allows you to earn up to 3% interest on unused margin, maximizing capital efficiency。
With a maximum leverage of 2,000 times, you can take on large positions even with a small amount of margin
Furthermore, since it's possible to hold up to 500 positions simultaneously, there are no restrictions when diversifying investments across multiple currency pairs
<!– wp:acf/title-box { "id": "block_68da9693acc3c", "name": "acf/title-box", "data": { "block_title-box_title": "【プロ口座のメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- Industry's narrowest spreads: 0.5 pips and up
- Transaction fees are completely free
- Maximum leverage 2,000x rn t
- Autochartist, AI sentiment analysis tool availablern t
- Earn up to 3% interest on unused margin
- Up to 500 simultaneous positions can be held rn", “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /-->
Disadvantages of HFMPro Account
The biggest drawback of a professional account is that you are not eligible for deposit bonuses or promotional campaigns
Since you cannot participate in the 20% deposit bonus and various promotions offered by HFM, you cannot increase your margin using bonuses
The competition will be based solely on the trading conditions. Restrictions on opening an account also need to be considered
Only one Pro account can be opened per myHF client area
If you want to use multiple professional accounts to execute different strategies, you will need to create separate accounts
This could be a constraint from the perspective of fund management and risk diversification
The minimum deposit of $100 is relatively high compared to the $0 minimum deposit for premium accounts
If you want to start with a small amount of money, the initial investment amount will be a hurdle
Furthermore, participation in the VIP rewards program may be restricted, and the inability to receive additional benefits based on trading volume is also a disadvantage
<!– wp:acf/title-box { "id": "block_68da9756acc40", "name": "acf/title-box", "data": { "block_title-box_title": "【プロ口座のデメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- Deposit bonuses and promotions are not applicable
- Only one Pro account per account
- Minimum deposit $100 (Premium account: $0)
- VIP Rewards Program Participation Restrictions, “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /-->
HFMPremium Account
HFM's premium account is the most standard account type, and you can start with a minimum deposit of $0
The spread starts from 1.2 pips, and trading is completely commission-free
With a maximum leverage of 2,000 times, efficient trading is possible even with small amounts of capital
The biggest advantage of a premium account is that it allows you to trade while utilizing additional margin, as it is eligible for bonus programs and promotions
This account includes full access to HFM's educational resources, providing a rich learning environment
HFMPremium Account Specifications
Let's take a closer look at the basic specifications of the premium account
The maximum leverage is 2,000 times, but in the EU/UK/AU, it is limited to 1:30 due to regulations
The spreads are 1.2 to 1.4 pips for EUR/USD (standard 1.4 pips), 1.2 pips and up for USD/JPY, and 1.6 pips and up for GBP/USD
It features a simple pricing structure with no transaction fees, only a spread
The minimum deposit is $0, and there are no restrictions on the amount you can deposit, so you can prepare your funds at your own pace
The minimum trading unit is 0.01 lots, and you can trade up to a maximum of 60 standard lots
You can scroll horizontallyitem detail Maximum leverage 2,000 times (restrictions apply depending on the region) spread 1.2 pips ~ Transaction fees free Minimum deposit amount $0 Minimum trading unit 0.01 lot Products handled Foreign exchange, precious metals, energy, commodities, stock indices, stock CFDs, cryptocurrencies, ETFs, bonds platform MT4/MT5 compatible The system is designed so that a margin call occurs when the margin maintenance ratio falls below 50%, and a forced stop-loss occurs when it falls below 20%
It allows for up to 600 simultaneous orders, fully supports EAs (Expert Advisors/automated trading), and offers swap-free options.
Benefits of HFM's Premium Account
The biggest advantage of the premium account is its extremely low minimum deposit of $0, which is rare in the industry
Since you can open an account without worrying about initial capital, it's ideal for those who want to check out the trading environment first
A key feature is that it makes it easy to adopt a strategy of starting with a small amount and gradually increasing your capital
Another major attraction is the eligibility to participate in HFM's various bonus programs and trading contests
By taking advantage of deposit bonuses and other offers, you can effectively increase your margin and trade more effectively
A VIP rewards program is also available, and a key feature is the system that allows users to receive various benefits based on their trading volume
In addition, free access to comprehensive educational resourcesHFM provides a rich learning environment
With a maximum leverage of 2,000 times, it is possible to hold large positions even with a small amount of margin
Furthermore, with the ability to place up to 600 simultaneous orders, there is ample room for diversifying investments across multiple currency pairs
<!– wp:acf/title-box { "id": "block_68daa043acc43", "name": "acf/title-box", "data": { "block_title-box_title": "【プレミアム口座のメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- You can start with a minimum deposit of $0
- Eligible for various bonus programs
- VIP rewards program available
- Full access to educational resources
- Maximum leverage 2,000x rn t
- Up to 600 simultaneous orders possible rn", “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /->
Disadvantages of HFM's premium account
The biggest drawback of the premium account is that the spreads are wider compared to the pro account and zero account
A spread of 1.4 pips for EUR/USD is more than 40% wider than the 0.6 pips offered on a pro account, which tends to result in higher trading costs
If you trade frequently, the cumulative costs will become large. This environment is not suitable for scalping or high-frequency trading
Due to the wide spread, it is difficult to profit from small price movements in the short term, and you need to wait for larger price movements
Despite the name "Premium," it is essentially positioned as a standard entry-level account
If trading conditions are a priority, other account types may be more advantageous
There is a limit of 60 lots for the maximum position size, which may be an obstacle for large-scale trading
If you want to make larger trades, it seems you need to split your position into multiple positions
<!– wp:acf/title-box { "id": "block_68daa119acc46", "name": "acf/title-box", "data": { "block_title-box_title": "【プレミアム口座のデメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- The spread is relatively wide, starting from 1.4 pips
- Trading costs are more than 40% higher than on a pro account
- Not suitable for scalping or high-frequency trading
- Maximum position size limit of 60 lots rn", “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /-->
HFMZero Account
HFM's Zero Account is an account type that offers a trading environment with spreads starting from 0.0 pips
The spread for major currency pairs starts from 0.0 pips, and a separate commission fee applies
The minimum deposit is $0, and trading is possible with a maximum leverage of 2,000 times
2In 2024, the trading fee for gold was reduced from $14 round trip to $10, making the account even more attractive to precious metals traders
We offer a pure trading environment with raw spreads directly connected to the interbank market, free from broker markups
HFMZero Account Specifications
Let's take a closer look at the basic specifications of the Zero Account
The maximum leverage is 2,000 times, and it is dynamically adjusted based on your account balance
Our spreads start from 0.0 pips on major currency pairs, making us one of the narrowest in the industry
Transaction fees vary depending on the product
Major FX pairs cost $3 one way ($6 round trip), while minor FX pairs cost $4 one way ($8 round trip)
Following the 2024 revision, gold tickets cost $10 round trip, while other metal tickets cost $7 one way ($14 round trip)
The minimum deposit is $0, and you can start without any restrictions
You can scroll horizontallyitem detail Maximum leverage 2,000 times (dynamically adjusted based on balance) spread 0.0 pips ~ FX major pair commissions Round trip $6 FX minor pair commissions Round trip $8 Gold Fees Round trip $10 (revised in 2024) Minimum deposit amount $0 Number of products handled Over 1,000 financial products platform MT4/MT5 compatible Starting in 2024, the fee billing method has been changed to a full upfront payment system at the start of trading, improving transparency
It allows you to hold up to 500 positions simultaneouslyand is fully compatible with EAs (Expert Advisors) and scalping.
Benefits of HFMZero Account
The biggest advantage of a zero-spread account is that it allows you to trade in a zero-spread environment
Trading from 0.0 pips on major currency pairs completely eliminates the cost of spreads
With direct interbank access and no broker markups, we offer the most transparent trading environment
The fact that it offers an ideal environment for scalping is also a major attraction
High-speed execution and no requotes make this a favorable environment for traders who frequently engage in short-term trading
ECN-style execution ensures that trades are always executed at the best possible price
The reduction in gold fees in 2024 resulted in a cost reduction of approximately 30%, from $14 to $10 round trip, significantly improving profitability for precious metals traders
The wide range of options available, with over 1,000 financial products to trade, is also appealing
In addition to foreign exchange, trading is possible with zero spreads on a wide range of products including stock CFDs, commodities, and indices
<!– wp:acf/title-box { "id": "block_68daf6d72de89", "name": "acf/title-box", "data": { "block_title-box_title": "【ゼロ口座のメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- 0.0 pips spread on major currency pairs
- Transparent pricing directly connected to the interbank market
- A high-speed execution environment ideal for scalping
- Gold transaction fees reduced to $10 round trip (2024)
- Over 1,000 financial products are available for trading
- Stable execution without requotes rn", “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /->
Disadvantages of HFMZero Account
The biggest drawback of a zero-transaction account is that you need to consider the total transaction costs, including fees
In the case of EUR/USD, even with a 0 spread, a $6 commission is charged for both the outbound and return trades, so in effect, a cost equivalent to approximately 0.6 pips is incurred
Furthermore, since fees vary depending on the product (e.g., $6 for FX pairs and $10 for gold), it is essential to check the fees before trading
If you trade frequently, these fees can accumulate and become a significant burden, so you need to be especially careful
Small-scale transactions also present challenges
Since the same fees apply even to small transactions of less than 0.1 lots, the ratio of fees to transaction volume becomes high
For example, even a trade of 0.01 lots incurs a minimum commission fee, which tends to make it less cost-effective
Furthermore, the system that automatically lowers the maximum leverage as the account balance increases is also a constraint for large-scale traders
Even when holding long-term positions, swap fees are incurred in addition to commissions, making it unsuitable for strategies other than short-term trading
<!– wp:acf/title-box { "id": "block_68dafa582de8b", "name": "acf/title-box", "data": { "block_title-box_title": "【ゼロ口座のデメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- Including fees, the effective cost is equivalent to 0.6 pips (EUR/USD)
- Different commission rates apply to each product (e.g., $6 for FX pairs, $10 for gold)
- High-frequency trading can lead to accumulated fees and a significant burden
- It is not cost-effective for small-lot transactions (less than 0.1 lots)
- Leverage is automatically restricted as your account balance increases
- Long-term positions are unsuitable due to fees + swaps
HFMTop-Up Bonus Account
HFM's Top-Up Bonus Account is a special account type where 20% of your deposit is awarded as a bonus
You can receive a bonus of up to $5,000 (approximately $4,688), which can be used as margin
The maximum leverage is 1,000x, which is lower than other account types
The biggest appeal of this bonus is its flexible conditions: profits earned can be withdrawn immediately, and there are no trading volume requirements
However, the bonus will expire if there are no trades for 60 days, so regular trading is required
HFMTop-Up Bonus Account Specifications
Let's take a closer look at the basic specifications of the top-up bonus account
The maximum leverage is 1,000x, which is lower than the 2,000x offered by other account types
The spread starts at 1.4 pips, which is 0.2 pips wider than the premium account
The bonus rate is 20% of your deposit, and you can earn up to $5,000
The minimum deposit amount varies depending on the payment method, but it is generally $200 or more
While the bonus itself cannot be withdrawn, any profits earned using the bonus can be withdrawn immediately
You can scroll horizontallyitem detail Maximum leverage 1,000 times spread 1.4 pips ~ Bonus rate 20% of the deposit amount Maximum bonus amount $5,000 Minimum deposit amount Varies depending on the payment method (generally over $200) Bonus expiration date Expires after 60 days of inactivity Products handled Foreign exchange, precious metals, energy, etc. (excluding DMA/ETFs) platform MT4 or MT5 (only one of them) When you withdraw funds, the bonus decreases proportionally; if you withdraw 50%, the bonus will decrease by 50%
Only one account can be opened per client, and swap-free trading is not available
Benefits of HFM's Top-Up Bonus Account
The biggest advantage of a top-up bonus account is that you can continuously earn a 20% bonus
You can increase your effective trading capital by making additional margin of up to $5,000
Since bonuses can be accumulated in stages even with multiple deposits, it is possible to implement a strategy of gradually increasing your funds
An important point is that bonuses also have a cushioning function
It can be used as margin and also functions as stop-loss protection in case of unrealized losses
In other words, one of its attractions is that it provides an environment where you can trade while reducing the risk to your own capital
What's particularly noteworthy is that there are no withdrawal restrictions on profits earned using bonuses, and there are no trading volume requirements, allowing for flexible fund management
Since the bonus is reflected in your account in real time, you can start trading with increased margin immediately after making a deposit
While other FX brokers often have strict conditions for profit withdrawals,HFMcan be said to offer flexible conditions
<!– wp:acf/title-box { "id": "block_68dafeee2de8e", "name": "acf/title-box", "data": { "block_title-box_title": "【トップアップボーナス口座のメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- Continuous 20% bonus (up to $5,000)
- The bonus acts as a cushioning mechanism
- No restrictions on profit withdrawals, no trading volume requirements
- Bonus applied in real time rn t
- Bonuses can be earned in stages with multiple deposits
- Can be used as margin and contributes to risk reduction rn”, “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /-->
Disadvantages of HFM's Top-Up Bonus Account
The biggest drawback of the top-up bonus account is that the spread is relatively wide, starting at 1.4 pips
Compared to the 0.5 pips offered on a pro account, the cost is approximately three times higher, which significantly impacts profits if you trade frequently
Furthermore, the leverage is limited to 1,000 times, which is lower than the 2,000 times offered for other account types
Since the position size that can be held is halved even with the same margin, this is a disadvantage in terms of capital efficiency
Many restrictions are also in place regarding the trading environment
Since swap-free trading is not available, a disadvantage is that interest costs are incurred if you carry over a position to the next day
Additionally, there are restrictions: only one account per client is allowed, and only one of either MT4 or MT5 can be selected
You also need to be careful when managing your bonuses
Regular trading is essential because the entire bonus will expire if there are no trades for 60 days
To avoid wasting the bonus you've earned, it's important to develop a consistent trading plan
<!– wp:acf/title-box { "id": "block_68db014a2de90", "name": "acf/title-box", "data": { "block_title-box_title": "【トップアップボーナス口座のデメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- The spread is relatively wide at 1.4 pips or more (about 3 times wider than the Pro account)
- Leverage is limited to 1,000x (half of other accounts)
- With the same margin, the position size is halved
- Wap-free trading is not available, and interest costs will be incurred for holding positions overnight
- Only one account per client, and limited to either MT4 or MT5
- Bonus will expire after 60 days of inactivity rn", “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /-->
HF Copy Account
The HF Copy Account is a special account type that allows you to automatically copy the trades of experienced traders
A significant improvement in April 2024 lowered the minimum deposit amount for followers to $25 (approximately $23.44)
The maximum leverage is 500 times, and we employ a performance-based fee structure
The biggest advantage is that you only pay a commission if you make a profit, allowing you to utilize professional trading strategies while keeping initial costs low
Strategy providers can have up to five strategy accounts and accept up to 200 followers per strategy
Specifications of HFM's HF Copy Account
Let's take a closer look at the basic specifications of an HF copy account
The maximum leverage is 500 times, which was increased from 400 times in 2024
The minimum deposit for followers has been drastically reduced to $25, and the minimum deposit for strategy providers has also been cut to $100 (from the previous $300)
The fee structure is performance-based, with strategy providers receiving up to 50% of the profits
Followers only pay a fee for successful transactions; there are no subscription fees or deposit/withdrawal fees whatsoever
Starting in 2024, aptitude tests are no longer required, and account opening is now possible with just one click
You can scroll horizontallyitem detail Maximum leverage 500 times (increased from 400 times in 2024) Minimum deposit amount for followers $25 Provider minimum deposit $100 (reduced from $300) success fee Up to 50% of profits Subscription fee free Products handled Foreign exchange, gold, and stock indices only platform MT4 only (MT5 not supported) A strategy provider can have up to five strategy accounts and accept up to 200 followers per strategy
This system allows followers to automatically replicate transactions while maintaining full account management privileges
Benefits of HFM's HF Copy Account
The biggest advantage of an HF copy account is that it can automatically replicate the trading strategies of professional traders
Even without time for market analysis or strategy development, you can execute the same trades as experienced traders
Because you maintain complete account management privileges, you can stop trading or withdraw funds at any time
The 2024 update significantly lowered the barriers to entry
The minimum deposit for followers has been lowered to $25, and leverage has been increased to 500x
With the ability to open an account with a single click without needing an aptitude test, you can now start trading immediately
Our transparent, performance-based fee structure means you only pay a commission if you make a profit, so there are no additional costs if you incur losses
The fact that there are no subscription fees or deposit/withdrawal fees is also a major attraction
You can compare the track records of multiple strategy providers and choose the strategy that suits you best
The system allows you to check past transaction history and profitability before deciding whether or not to follow a seller
<!– wp:acf/title-box { "id": "block_68dbea47c7dfb", "name": "acf/title-box", "data": { "block_title-box_title": "【HFコピー口座のメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- Automate the trading of professional traders
- You can start with a minimum deposit of $25 (improved in 2024)rn t
- This is a performance-based fee structure where fees are only incurred when profits are made
- No subscription fees or deposit/withdrawal fees
- Maintain full account management privileges
- One-click account opening (no aptitude test required) rn", "_block_title-box_text": "field_63da19bda858d" }, "align": "", "mode": "auto" } /-->
Disadvantages of HFM's HF Copy Account
The biggest drawback of the HF Copy account is that it is limited to MT4 and does not support MT5
This is a limitation if you want to use the latest trading platform
Furthermore, tradable products are limited to foreign exchange, gold, and stock indices; cryptocurrencies and energy products cannot be traded
It's also important to note the restriction that only one provider can be followed per account
If you want to diversify your investments by combining strategies from multiple providers, you will need to open multiple accounts
The fact that the success fee is up to 50%, which is among the highest in the industry, also contributes to profitability
Another drawback is that half of the profits are deducted as fees, significantly reducing the actual revenue
For example, even if you make a profit of $100, you'll only end up with $50
It's also important to note that past performance doesn't guarantee future profits
Even providers with an excellent track record can incur losses due to changes in market conditions
While 500x leverage offers the potential for high returns, it's important to understand that it also significantly increases the risk of losses
<!– wp:acf/title-box { "id": "block_68dbec81c7dfd", "name": "acf/title-box", "data": { "block_title-box_title": "【HFコピー口座のデメリットまとめ】", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- MT4 only (MT5 not supported) rn t
- Trading products are limited to foreign exchange, gold, and stock indices
- Only one provider can be followed per account
- High success fee of up to 50%
- Past performance does not guarantee future profits
- Increased risk due to 500x leverage rn", "_block_title-box_text": "field_63da19bda858d" }, "align": "", "mode": "auto" } /-->
Comparing 6 types of HFMaccount types
HFMcurrently offers six main account types, each with its own distinct features
Compare the specifications of each account—Cent Account, Pro Account, Premium Account, Zero Spread Account, Top-Up Bonus Account, and HF Copy Account—to find the account that's best for you
Since conditions such as leverage, spreads, fees, and bonuses vary greatly depending on the account, it is important to choose one that suits your trading style
Improvements in 2024 have resulted in more user-friendly conditions, particularly with reduced gold fees for zero-spread accounts and lower minimum deposits for HF copy accounts
Below, we provide a detailed comparison of each item to help you choose the right account
Comparison of maximum leverage
The maximum leverage available varies depending on the type of HFMaccount
Our Cent Account, Pro Account, Premium Account, and Zero Spread Account offer industry-leading leverage of up to 2,000x
On the other hand, the top-up bonus account has a lower leverage ratio of 1,000x, while the HF copy account has a lower leverage ratio of 500x
High leverage offers the advantage of allowing you to take on large positions with a small amount of margin, but it also increases the risk
With a cent account, you can trade in the actual market with a margin of just 10 cents, thanks to 2,000x leverage.
You can scroll horizontallyAccount type Maximum leverage Cent account 2,000 times ProDrive 2,000 times Premium Account 2,000 times (30 times for EU/UK/AU) Zero-spread account 2,000 times (dynamically adjusted based on balance) Top-up bonus account 1,000 times HF Copy Account 500 times (increased from 400 times in 2024) It's also important to remember that with a zero-spread account, leverage is automatically limited as your account balance increases
In regulated regions such as the EU, UK, and AU, all accounts are limited to a maximum of 30x leverage
For beginners, I recommend starting with low leverage and gradually increasing it as you gain experience
Spread comparison
The spread is a crucial factor that directly impacts trading costs, and it varies significantly depending on the account type
The Pro account offers the tightest trades, starting from 0.5 pips (average 0.6 pips) for EUR/USD
Zero-spread accounts start at 0.0 pips, but a separate commission fee is charged
Cent accounts offer 1.2 to 1.4 pips (average 1.2 pips), which is comparable to premium accounts
The difference in cost between a Pro account (0.6 pips) and a Cent account (1.2 pips) is approximately double
You can scroll horizontallyAccount type EUR/USD spread Features Cent account 1.2–1.4 pips Standard settings ProDrive 0.5pips ~ (average 0.6pips) Industry's narrowest standard Premium Account 1.2-1.4pips (standard 1.4pips) Standard settings Zero-spread account 0.0 pips ~ Additional fees apply Top-up bonus account 1.4 pips ~ 0.2 pips wider than the premium version HF Copy Account by the provider Depends on the conditions of the source copy For scalping traders who make frequent trades, a Pro account or zero-spread account with narrow spreads is advantageous
On the other hand, for long-term investments with infrequent trades, the difference in spreads doesn't have much of an impact
The spread on an HF copy account varies depending on the account conditions of the provider you follow
Comparison of transaction fees
Whether or not there are transaction fees is an important factor in calculating the total transaction cost
Cent accounts, Pro accounts, Premium accounts, and Top-Up Bonus accounts are commission-free and feature a simple pricing structure with only spreads
On the other hand, zero-spread accounts use a commission system, and the fees vary depending on the product
The commission for a zero-spread account is $6 round trip for major FX pairs and $8 round trip for minor pairs
In 2024, the commission for gold was reduced from $14 to $10 round trip, easing the burden on precious metal traders。
You can scroll horizontallyAccount type Transaction fees remarks Cent account free Spread only ProDrive free Spread only Premium Account free Spread only Zero-spread account Round trip $6-14 Varies by product Top-up bonus account free Spread only HF Copy Account Success fee type Up to 50% of profits HF Copy Accounts have a unique fee structure where you only pay a success fee if you make a profit
Since no fees are charged in case of losses, this system makes it easier for beginners to minimize risk
However, since the success fee is relatively high at up to 50%, profitability needs to be considered
Bonus comparison
The bonus program is only available to a limited number of accounts, and the conditions vary for each account
Only the Top-Up Bonus account is a dedicated account offering a 20% deposit bonus (up to $5,000)
Premium accounts are also eligible for various bonus programs, but the specific details may vary depending on the time period
Cent accounts are not eligible for major bonus programs and cannot receive 100% SuperCharged bonuses or 100% Credit bonuses
Pro accounts and zero-spread accounts are also excluded from bonuses, designed to allow trading based solely on the trading conditions
You can scroll horizontallyAccount type Bonus eligible detail Cent account × Not eligible for major bonus programs ProDrive × Not eligible for bonus Premium Account ○ Applicable to various programs Zero-spread account × Not eligible for bonus Top-up bonus account ◎ 20% deposit bonus (up to $5,000) HF Copy Account × Not eligible for bonus If you want to take advantage of bonuses, you need to select either a Top-Up Bonus Account or a Premium Account
Top-up bonus accounts will expire if there is no trading activity for 60 days, and the bonus will be proportionally reduced upon withdrawal
Comparison of minimum deposit amounts
The minimum deposit amount is a crucial factor that directly impacts the difficulty of opening an account
Cent accounts, premium accounts, and zero-spread accounts have a minimum deposit of $0, so you can open an account even if you don't have funds ready
You can start with a small amount, with a Pro account starting at $100 and an HF Copy account follower starting at $25
The amount required for a top-up bonus account varies depending on the payment method, but generally, it is $200 or more
A cent account has a minimum deposit of $0 and allows trading from 0.01 lots (10 currency units) of 1 cent lot (1,000 currency units)
You can scroll horizontallyAccount type Minimum deposit amount remarks Cent account $0 No restrictions ProDrive $100 Approximately $93.75 Premium Account $0 No restrictions Zero-spread account $0 No restrictions Top-up bonus account Approximately $200 Varies depending on the payment method HF Copy Account (Follower) $25 Approximately $23.44 HF Copy Account (Provider) $100 Reduced from $300 For beginners who want to start with a small amount, the Cent Account, Premium Account, and Zero Spread Account are suitable
HF copy accounts can be started from just $25, making them a good option for those who want to try copy trading
Comparison of available stocks
The types and number of securities traded are important factors that determine the scope of trading
With Pro, Premium, and Zero Spread accounts, you can trade a wide range of products including foreign exchange, precious metals, energy, commodities, stock indices, stock CFDs, cryptocurrencies, ETFs, and bonds
In particular, the zero-spread account supports over 1,000 financial products
On the other hand, the Cent account is characterized by being limited to over 50 currency pairs and gold only
Cent accounts do not allow trading of stock indices, energy, cryptocurrencies, etc.; they are accounts exclusively for FX and gold
You can scroll horizontallyAccount type Number of products handled Main restrictions Cent account 50+ currency pairs + gold only Forex and gold only ProDrive Over 50 currency pairs + a variety of products none Premium Account Applicable to all products none Zero-spread account Over 1,000 none Top-up bonus account Basic products only DMA/ETF not allowed HF Copy Account limited Forex, gold, and stock indices only If you want to diversify your investments across a variety of products, we recommend the Pro Account, Premium Account, or Zero Spread Account
Cent accounts have the most limited product range, and HF copy accounts also have restrictions
Comparison of swap-free options
Swap-free trading is a system where no interest is charged even if you hold a position overnight
Swap-free options are available for Cent accounts, Pro accounts, Premium accounts, and Zero Spread accounts (Islamic accounts), and are applied upon request
On the other hand, swap-free trading is not available in top-up bonus accounts
Cent accounts can be set to swap-free, meaning that no interest is charged even if you hold a position overnight, upon request
You can scroll horizontallyAccount type Swap-free compatible remarks Cent account ○ It is possible to apply for an Islamic account ProDrive ○ Available upon application Premium Account ○ Available upon application Zero-spread account ○ Available upon application Top-up bonus account × Unavailable, no Islamic account available HF Copy Account － It depends on the provider If you plan to invest for the long term, you can reduce holding costs by choosing an account that offers swap-free options
If you primarily engage in day trading, the presence or absence of swaps is not particularly important
Comparison of trading volume
The minimum and maximum trading units are factors that influence money management and trading strategies
The cent account has a unique structure where 1 cent lot equals 1,000 currency units, and trading is possible from a minimum of 0.01 cent lot (10 currency units)
Other accounts use a standard 1 lot = 100,000 currency units, and trading is possible from a minimum of 0.01 lots (1,000 currency units)
The number of positions you can hold simultaneously also varies depending on your account
Cent accounts allow a maximum of 150 positions, Pro accounts and Zero Spread accounts allow up to 500 positions, and Premium accounts allow up to 600 orders
You can scroll horizontallyAccount type 1 lot unit Minimum/Maximum trading unit Maximum simultaneous positions Cent account 1,000 units of currency 0.01–200 cent lot 150 positions ProDrive 100,000 units of currency 0.01 to 60 lots 500 positions Premium Account 100,000 units of currency 0.01 to 60 lots 600 orders Zero-spread account 100,000 units of currency 0.01 to 60 lots 500 positions Top-up bonus account 100,000 units of currency 0.01 to 60 lots Not specified HF Copy Account 100,000 units of currency Provider dependent Provider dependent The 10-unit currency trading in a cent account is ideal for practicing with very small amounts of capital
If you plan to conduct large-volume trades, you should check the maximum lot size limit of 60 lots for standard account types
Recommended traders by account type for HFM
HFMoffers six account types, each with distinct features, so the best choice depends on the trader's experience level and trading style
By comprehensively considering factors such as trading costs, leverage, bonuses, and available products, you can choose the account that best suits you
Since there are accounts available to suit the needs of everyone from beginners to advanced investors, it's important to choose one that matches your investment goals and budget
Each account type has a clear target audience, and understanding its characteristics will help you choose the right account without making a mistake
Below, we will explain in detail the ideal trader profile for each of the six account types
Cent Account | For beginner traders who want to start trading with small amounts
Source:HFM
The Cent account is the ideal account type for beginners who want to transition from a demo account to actual trading
With a minimum deposit of $0 and trading starting from just 10 currency units (0.01 cent lots), you can experience the real market with just a few hundred yen
Thanks to its unique specification of 1 cent lot = 1,000 currency units, even a 1 pip fluctuation is designed to limit profits and losses to an extremely small amount of approximately 0.1 dollars
This account is suitable for beginners who want to get used to the actual market environment
You can experience the psychological pressure that you can't feel with a demo account, with minimal risk
For example, if you deposit approximately $6.25, a significant advantage is that even if the market moves against you by 100 pips in a 10-unit trade, your loss will only be as low as $1 (approximately $0.94)
However, there are significant limitations: the products offered are limited to over 50 currency pairs and gold, and it is not eligible for major bonus programs
Once your funds exceed approximately $31.25, we recommend upgrading to a premium account, which has the same minimum deposit of $0 and the same spread levels
With a premium account, you get access to over 1,000 commodity trading options and bonus programs, so you should consider a standard cent account as merely a practice account for the first two to three months
The only account that allows trading in units of 10 currency units. Develop a genuine sense of market trends while minimizing actual losses
Pro Account | For intermediate to advanced traders who prioritize low transaction costs
Source:HFM
The Pro account is the ideal account type for experienced traders who want to minimize trading costs
With an industry-leading narrow EUR/USD spread starting at 0.5 pips (average 0.6 pips) and completely commission-free, this platform offers an ideal environment for frequent traders
The minimum deposit of $100 (approximately $93.75) indicates that this platform is targeted at traders with a certain level of capital
This account is most effective for traders who primarily engage in day trading or swing trading
For example, if you make 10 trades a day, there will be a difference of $8 per lot traded between a Pro account (0.6 pips) and a Premium account (1.4 pips), resulting in a cost difference of approximately $1,600 per month
The Return on Free Margin program, which allows you to earn up to 3% interest on unused margin, is also a significant advantage for intermediate and advanced traders who prioritize capital efficiency
However, it is not eligible for bonus programs and is limited to one Pro account per account
This account type is recommended for serious traders who want to compete solely on trading conditions and who make more than 100 trades per month
This account boasts the industry's narrowest 0.5 pips spread, zero commissions, and interest up to 3%, making it the best in terms of cost
Premium Account | The basic account type, suitable for beginners to advanced traders
Source:HFM
The Premium account is the most balanced and standard account type withinHFMportfolio
With a minimum deposit of $0, a spread of 1.2 to 1.4 pips, and a maximum leverage of 2,000 times, it is designed to be easy for beginners to start with, while also meeting the demands of advanced traders
A major feature is that it offers various bonus programs and allows you to execute diverse investment strategies with over 1,000 products
This account is especially suitable for beginners and intermediate traders who want to seriously start trading in overseas forex
Even if you have experience in stock investing but are new to overseas forex trading, you can learn by utilizing our abundant educational resources (HFM e-Course, live webinars, daily market analysis)
With the ability to place up to 600 orders simultaneously, it's also recommended for traders who want to diversify their investments across multiple currency pairs
With access to VIP reward programs and trading contests, it's ideal for traders who want to grow while enjoying trading
Although the spreads are wider than on the Pro account, you can effectively reduce trading costs by taking advantage of bonuses
This account type is highly recommended for traders who make fewer than 50 trades per month and want to gain experience by trying out various products
This versatile account has a minimum deposit of approximately $0.00, allows trading of all products, is eligible for bonuses, and includes comprehensive educational resources
Zero Account | For scalping traders who prioritize spreads
Source:HFM
The Zero Spread account is a specialized account designed for traders who engage in scalping or high-frequency trading
We offer true zero spreads starting from 0.0 pips on major currency pairs and employ a transparent pricing system with a separate commission fee (6 dollars round trip for major FX pairs)
Our direct connection to the interbank market allows us to offer raw spreads, ensuring you can execute trades at the most favorable prices
This account is ideal for scalping traders who make dozens to hundreds of trades per day
For example, if you make 50 trades a day aiming for a 10-pip profit on EUR/USD, even a spread difference of 0.1 pips can result in a difference of over $100 per month
High-speed execution and no requotes make it possible to capture instantaneous price fluctuations
In 2024, the commission for gold was reduced from $14 round trip to $10, improving the profitability of precious metal scalping by approximately 30%
However, including fees, the actual cost is equivalent to 0.6 pips, making it less cost-effective for small trades
This account is for advanced traders who have the capital to trade at least 0.1 lots, ideally 1 lot or more, and who have a clear scalping strategy
With true 0.0 pips spreads and ECN execution, individuals can enjoy the same trading environment as professionals
Top-Up Bonus Account | For traders who want to take advantage of bonuses
Source:HFM
The Top-Up Bonus account is specifically designed for traders who want to continuously receive a bonus of 20% of their deposit amount (up to $5,000)
The bonus can be used as margin, and its cushioning function protects your own funds even if unrealized losses occur
Profits can be withdrawn immediately, and there are no trading volume requirements, allowing for highly flexible fund management
This account is suitable for traders who want to take large positions with limited funds
For example, if you deposit $1,000 and receive a $200 bonus, you can effectively trade with $1,200 in margin
This makes it possible to aim for higher returns while minimizing risk
However, it's important to note that the spread is wide, starting at 1.4 pips, and the leverage is limited to 1,000 times
If there are no trades for 60 days, the entire bonus will expire, and swap-free trading will also be unavailable
This account type is recommended for active traders who trade regularly and can make the most of their bonuses
This is also suitable for intermediate players who want to gain experience by receiving a large bonus on their first deposit
The only dedicated bonus account that instantly increases your margin by 20%. Maximize the efficiency of small capital
HF Copy Account | For part-time traders who don't have time to watch charts
Source:HFM
The HF Copy Account is ideal for busy business professionals who don't have time to trade themselves, or for beginners who want to learn professional strategies
You can start with as little as $25 (approximately $23.44) and automatically copy the trades of experienced traders
Our fee structure is performance-based, meaning you only pay a commission (up to 50%) if you make a profit
This account is particularly suitable for part-time traders who are busy with work during the week and don't have time to analyze charts
By choosing a top-performing strategy provider, trades can be executed automatically, allowing you to aim for profits while maintaining full account control
Since you can check past transaction history and profit rates before making a selection, there is also the advantage of being able to understand the risks in advance
With the 2024 update, the maximum leverage was increased to 500x, and the aptitude test was eliminated, making it easier to get started
However, trading is limited to MT4 only, and the available trading instruments are restricted to foreign exchange, gold, and stock indices
Since you can only follow one provider per account, you will need multiple accounts for diversified investment
This is an ideal option for part-time traders who prioritize time efficiency and want to leverage the expertise of others
Fully automated trading starting from $25. A revolutionary system that allows even those with no prior knowledge to replicate professional trading
Points to note regarding HFMaccount types
There are several important restrictions you should be aware of before opening an account with HFM
Since there are many elements that cannot be changed later, such as the inability to change account types, bonus restrictions, and maintenance fees, prior understanding is essential
Beginners in particular may face unexpected problems or additional costs if they open an account without understanding these points
Since there are many factors that cannot be reversed once a decision is made, you need to choose your account carefully
Below, we will explain in detail five important points to keep in mind when managing anHFMaccount
You can scroll horizontallyPoints to note Affected accounts Solutions Account type cannot be changed Applicable to all accounts Initially, choose a versatile premium account Bonus restrictions CentPro Zero account If you prioritize bonuses, select the eligible account from the start Dormant account maintenance fee ($5 per month) All accounts with no trading activity for 60 days Transactions or balances should be zero at least once every two months Account cannot be deleted Applicable to all accounts Plan your account opening carefully to avoid creating unnecessary accounts Restrictions on the types of products that can be handled Cent accounts only After practicing FX trading, migrate to another account as soon as possible Account type cannot be changed after opening
At HFM, you cannot change the account type once it has been opened
For example, if you start with a cent account and later want to switch to a pro account, it's impossible to change an existing account
If you wish to use the new account type, you will need to open a separate new account
There are many cases where this restriction becomes a problem
It seems that some beginners start with a cent account, only to later realize the limitations on available products and the fact that they are not eligible for bonuses
Furthermore, if a trader who was trading in a premium account wants to take advantage of the narrower spreads of a pro account as their trading frequency increases, they will have to go through the trouble of transferring funds and opening a new account
Therefore, when choosing your first account, we recommend starting with a versatile premium account, taking into account how your trading style may change in the future
However, it is possible to have multiple accounts under a single account
You can open up to seven additional accounts, allowing you to use multiple account types for different strategies and fund management
The important thing is to carefully choose the type of account you will use as your main account from the very beginning
Only top-up bonus accounts are eligible for the bonus
HFM's bonus program is heavily restricted depending on the account type, so particular attention should be paid to this
The 20% deposit bonus (up to $5,000) is an exclusive benefit for Top-Up Bonus accounts
Premium accounts are also eligible for various bonus programs, but the specific details may vary depending on the time period
The most important thing to note is that Cent accounts, Pro accounts, and Zero Spread accounts are completely excluded from the bonus program
These accounts are not eligible for any of the major bonuses offered byHFM, such as the 100% SuperCharged bonus or the 100% Credit bonus
Favorable trading conditions and bonuses are in a trade-off relationship
If bonuses are your priority, you should choose either a Top-Up Bonus Account or a Premium Account from the start
Additionally, the bonus in the top-up bonus account has a 60-day expiration date, and it appears that the entire bonus will be forfeited if no trades are made within this period
When you withdraw funds, the bonus decreases proportionally; for example, if you withdraw 50%, 50% of the bonus will be forfeited
Understanding these conditions is crucial for planning how to make the most of your bonus
Dormant accounts incur maintenance fees
HFMis a system where maintenance fees are charged to accounts that have not been traded for a certain period of time
Accounts with no trading activity for 60 days will be considered dormant and a monthly maintenance fee of $5 will be automatically deducted
This maintenance fee will be deducted directly from your account balance and will continue until the balance reaches zero
Particular caution is needed if you have multiple accounts
Even if your main account is actively traded, neglecting your secondary account could result in maintenance fees being incurred without you realizing it
For example, if you leave $100 in a cent account you opened for testing purposes and forget about it, it will all be gone after 20 months due to maintenance fees
To avoid the maintenance fees for dormant accounts, it's important to either make a transaction at least once every two months or to keep the balance of unused accounts at zero
However, no maintenance fees will be charged if the account balance is zero
Furthermore, if you make even one transaction, the 60-day countdown will start again from that point
If you anticipate being unable to trade for an extended period due to long vacations, hospitalization, or other reasons, we recommend withdrawing your funds in advance
Once an account is opened, it cannot be deleted
HFMdoes not allow you to completely delete an account once it has been opened
Even if you no longer use an account, it will remain permanently on your account
This is likely done to preserve transaction history and comply with regulatory requirements, but it can be an administrative burden for users
One problem that arises from this restriction is that the account list becomes cumbersome
Because accounts opened for testing purposes or used temporarily are all displayed, it becomes difficult to find active accounts
In particular, after trying out multiple account types, unused accounts will continue to appear on the screen
Since accounts cannot be deleted, it is wise to plan carefully from the start when opening accounts and avoid creating a multitude of unnecessary accounts
One solution is to effectively disable unused accounts by setting their balance to zero
An account with a zero balance incurs no maintenance fees and poses no real harm
Additionally, giving your main account a clear and easy-to-understand name makes it easier to identify among multiple accounts
It is important to open accounts carefully and only to the minimum extent necessary
With HFMcent account, you can only trade forex and gold
Cent accounts have significant limitations on the products they offer, restricting trading to only over 50 currency pairs and gold (XAU/USD)
Stock indices, energy commodities, individual stocks, cryptocurrencies, and precious metals such as silver cannot be traded
This is an extremely limited setup compared to other account types, which allow trading of over 1,000 products
This restriction makes it difficult to implement diversified investments and diverse trading strategies
For example, even if you want to hedge your risk by trading crude oil or gold at the same time as trading USD/JPY, you cannot trade crude oil in a cent account
Furthermore, trading strategies that utilize correlations with stock price indices are not feasible
The Cent account should be considered purely for practicing FX trading, and if you wish to trade a wider variety of commodities, you should consider upgrading to a Premium account as soon as possible
Furthermore, since cent accounts are not eligible for major bonus programs, their long-term benefits are limited
While it has the advantage of allowing trading in units of 10 currency units, it is inferior to other account types in other respects
It's important to position this account as one where beginners can learn the basics in the first one or two months, and then plan to systematically transition to an account with a wider range of products afterward
Frequently Asked Questions about HFMAccount Types
We receive many questions and inquiries from traders regarding HFMaccount types
It's important to accurately understand key information when choosing an account, such as whether a standard account is available, the number of accounts that can be opened, and whether it supports yen-denominated transactions
Beginners in overseas forex trading, in particular, often find themselves confused by the differences between overseas and domestic forex trading, so it's essential to resolve any questions beforehand
Knowing the answers to these questions will enable you to make more appropriate account choices and manage your funds effectively
Below, we will explain in detail six common questions regardingHFMaccount types
<!– wp:acf/faqblock { "id": "block_68e0474183550", "name": "acf/faqblock", "data": { "faqrepeat_0_title": "HFMdoes not have an account type called "Standard Account". Instead, the "Premium Account" effectively serves the role of a Standard Account. The Premium Account offers standard conditions with a minimum deposit of $0, spreads of 1.2-1.4 pips, and a maximum leverage of 2,000x, making it equivalent to a Standard Account at other companies. Many people are confused by the difference in names, butHFM's account system uses its own unique names. We differentiate our accounts with distinctive names such as Cent Account (for very small trades), Pro Account (specializing in low spreads), Zero Spread Account (ECN type), Top-Up Bonus Account (specializing in bonuses), and HF Copy Account (dedicated to copy trading)For beginners seeking a standard trading environment, choosing a premium account is a safe betThe premium account is a versatile design that allows trading of all products, is eligible for bonuses, and includes educational resources, making it function as a standard account. Those who have used a standard account with other companies will be able to migrate to the premium account without any problems. Although the name is different, in terms of functionality it provides an environment that is equal to or better than a typical standard account. <!– wp:acf/faqblock { "id": "block_68e0486d83551", "name": "acf/faqblock", "data": { "faqrepeat_0_title": "1アカウントにつき最大何口座まで開設できますか？", "_faqrepeat_0_title": "field_68872d9625422", "faqrepeat_0_text": "<a i=0> HFM allows you to open up to seven additional accounts with a single account. This means you can have a total of eight accounts, including your initial one. This allows you to use multiple accounts for different trading strategies and money management. For example, you could use a premium account for main trading, a zero-spread account for scalping, and a cent account for testing new strategies. You can also manage your funds across multiple accounts for risk diversification. However, it's important to note that there is a limit of one pro account per accountFund transfers between accounts can be executed instantly and free of charge via internal transfers, allowing for flexible fund managementHowever, managing multiple accounts increases complexity. Accounts with no trading activity for 60 days become dormant and incur a monthly maintenance fee of $5, so it's important to maintain only the accounts you actively use. Also, once an account is opened, it cannot be deleted, so it's recommended to open only the accounts you need in a planned manner. <!– wp:acf/faqblock { "id": "block_68e048c383552", "name": "acf/faqblock", "data": { "faqrepeat_0_title": "HFMoffers Japanese yen (JPY) denominated accounts. The supported account currencies are USD (US dollar), EUR (Euro), NGN (Nigerian naira), and JPY (Japanese yen). However, the cent account is only available in USC (US cents) and cannot be denominated in yen. The advantage of a yen-denominated account is that it avoids exchange rate risk. With a dollar-denominated account, even if you make a profit, the value in yen will change due to fluctuations in the dollar-yen exchange rate. With a yen-denominated account, profits and losses are displayed directly in yen, making fund management easier. Especially when depositing directly from a Japanese bank, you may also be able to save on exchange feesHowever, even with a yen-denominated account, the transactions themselves are conducted in dollars, so care must be taken when calculating spreads and feesAlso, some bonus programs are limited to US dollars, so it is important to check beforehand. Depending on the deposit and withdrawal method, even yen-denominated accounts may be converted to dollars first. Nevertheless, the ability to understand the final profit and loss in yen is a significant advantage for Japanese traders. <!– wp:acf/faqblock { "id": "block_68e0493783553", "name": "acf/faqblock", "data": { "faqrepeat_0_title": "HFMvaries depending on the account type, but many accounts can be opened from $0. rnrn Cent accounts, Premium accounts, and Zero Spread accounts have no minimum deposit requirement and can theoretically be opened without any deposit. rnrn Pro accounts require $100, HF Copy account followers require $25, and Top-Up Bonus accounts require approximately $200 depending on the settlement method. rnrn However, a minimum margin is required to actually start trading. rnrn For example, with a Cent account, you can trade from 10 cents (approximately $0.09), but to trade 1,000 units of currency with a Premium account, even with 2,000x leverage, a minimum margin of approximately $0.31 is required. rnrn Also, some settlement providers may have a minimum deposit amount (usually around $5). rnrnFor beginners, it's recommended to start with a small deposit of approximately $6.25 to $31.25With this amount, even if you lose it all, it won't be a major blow. A gradual approach of gradually increasing your deposit amount after gaining experience and confidence is safer. Setting the minimum deposit to $0 has the advantage of making it easy to open an account, but proper financial planning is essential for actual trading. <!– wp:acf/faqblock { "id": "block_68e049e983554", "name": "acf/faqblock", "data": { "faqrepeat_0_title": "HFMaccount is very quick, and you can usually start trading within 24 hours of applying. Filling out the online application form takes about 5 minutes, uploading and reviewing identity verification documents takes a few hours to a maximum of one business day, and after approval, you can deposit and trade immediately. If the application includes a weekend or public holiday, the review may take 2-3 business days. The account opening process is completed entirely online. The required documents are two items: an identification document (passport, driver's license, My Number card, etc.) and proof of address (utility bill, bank statement, etc.). Documents must be clear%
