HFM (formerly HotForex)'s cashback system is a mechanism where a portion of the spread is returned as cash each time you trade. There are two ways to receive the cashback: "through a cashback site (IB)" and "by using HFM's own program." This article explains each system in detail, points to note, and how to choose a cashback site.
Do you have any of these problems?
- I want to reduce the spread costs of HFM, but I don't know how
- There are multiple cashback websites, and I can't decide which one to choose
- The cashback system is complicated, and I'm worried about whether I'll actually receive it
- The withdrawal fees and minimum withdrawal amounts are high, which diminishes the value of the cashback
- I want to know if I can use HFM's bonus and cashback together
This article provides a comprehensive explanation of the HFM cashback system, from the basics to comparison points for choosing a site and important points to keep in mind when using it
Contents
- 1 How HFM Cashback Works — Explanation of Two Methods
- 2 1. How to use a cashback site (IB)
- 3 How cashback sites (IBs) work, their benefits, and points to note
- 4 2. How to use HFM's proprietary program
- 5 HFM's officially offered reward program
- 6 Which should I choose?
- 7 How HFM Cashback Sites Work and How to Choose One
- 8 Features of Money Charger — A service specializing in HFM cashback
- 9 Important points to note when using HFM cashback
- 10 Pricing and Plans
- 11 Frequently Asked Questions (FAQ)
- 12 summary
How HFM Cashback Works — Explanation of Two Methods
ways to receive cashback from HFM (formerly HotForex): using a cashback site (IB) and using HFM's own program . Since each method has different mechanisms, cashback rates, advantages, and disadvantages, it's important to choose the method that best suits your trading style.
Generally, with overseas forex brokers, which have wider spreads than domestic forex brokers, receiving cashback with each trade is more effective in continuously reducing trading costs than receiving a one-time cashback when opening an account. Below, we will look at each method in detail
1. How to use a cashback site (IB)
With Money Charger, for example, when you open an HFM account through a cashback site specializing in HFM, HFM pays IB commissions to the cashback site based on your trading volume, and a portion of that is returned to you in cash. Money Charger has a cumulative cashback payment record of over 20 billion yen and supports more than 22 overseas FX brokers, including HFM
Account opening procedure via cashback site
- Register for free on cashback sites (such as Money Charger)
- Open a new account via the HFM-specific link on the site
- Register the account number you opened from your user page
- After registration is complete, cashback will be automatically generated every time you make a transaction
The process of reduction
| Step | Content |
|---|---|
| Execute transaction | Users are trading normally on HFM |
| IB reward generated | HFM pays rewards to cashback site |
| Giveback to users | Cashback sites give cash back to users |
| Withdrawal | Receive via bank transfer, USDT, or various wallets |
How cashback sites (IBs) work, their benefits, and points to note
When you open an HFM account through a cashback site, HFM will pay a reward to the cashback site based on your trading volume. A portion of that reward will then be returned to you through the cashback site. The return is often in the form of cash (such as bank transfer or withdrawal to your wallet), and cashback is automatically generated every time you trade
structure
- Users open HFM accounts via cashback sites
- A portion of the spread for each trade is paid to the cashback site as an IB (Introducing Broker) commission
- A portion of that reward (often 80-90% or more) is returned to the user in cash
- In many cases, cashback offers apply not only to FX currency pairs but also to CFD trading (stock indices, gold, crude oil, etc.)
merit
- Transaction costs (effective spread) can be significantly reduced
- Cashback is generated from the minimum trading unit
- The more trades you make, such as scalping or day trading, the larger your cumulative return will be
- Since the refund is in cash, you can withdraw it and use it as you wish
Points to note
- Existing accounts are not accepted: Generally, you need to open a "new" account through a dedicated link on the cashback site (it may be possible to link an existing account in some cases, but this depends on the site).
- Trading restrictions: Each cashback site and HFM has its own rules, such as "positions held for less than 2 minutes are excluded" and "extremely small lot trades are excluded."
- Bonus Restrictions: Some HFM bonus promotions may not apply to accounts opened through cashback sites, or the terms and conditions may be different. Please be sure to check the terms and conditions of both the cashback site and HFM.
2. How to use HFM's proprietary program
HFM officially offers its own program that allows you to receive rewards without using cashback sites. Even if you open an account through a cashback site like Money Charger, it may be possible to use it in conjunction with some of HFM's official programs, potentially allowing you to earn even more rewards by utilizing both
HFM's unique reduction programs mainly consist of the following two types:
HFM's officially offered reward program
Whether or not you can use HFM in conjunction with cashback sites such as Money Charger depends on the program's conditions, so we recommend checking the terms and conditions on the HFM official website and the cashback site beforehand. Below, we explain HFM's main official cashback programs
Loyalty Program (HFM Bar)
You earn "HFM Bars" with each transaction. These points can be exchanged for rewards such as cash once certain conditions are met
- You can earn Trophy Road Points (TRP) based on your trading volume
- Accumulated TRP can be exchanged for cash, travel vouchers, supercars, and other luxurious prizes
- The more you trade, the higher your status becomes, and the better your commission rate
Return on Margin (ROFM)
This is a unique campaign where you can receive a cashback based on your effective margin balance, provided you meet certain conditions
- Applicable when there is a certain amount of excess margin in the account
- The redemption rate and conditions may change depending on the time of year
- You can check the latest conditions on the HFM official website's campaign page
Which should I choose?
If you want to minimize transaction costs, using a cashback site (IB) is the most effective method. Especially for frequent traders like scalpers and day traders, the cumulative cashback amount can be very large.
If you want to prioritize official bonuses: If you want to increase your margin using bonuses (such as deposit bonuses), it is safer to open an account directly through the HFM official website. This is because official bonuses are often not applicable when using cashback sites.
Cashback Site Comparison Chart (as of March 27, 2026)
| index | Money Charger | Company A |
|---|---|---|
| Minimum withdrawal amount | 10 yen | 1,500 yen |
| Withdrawal speed | Average time: 2 minutes (minimum 30 seconds) | A few hours to 3 business days |
| Number of supported FX brokers | 22 or more companies | Approximately 17 companies |
| Withdrawal fees | 0 yen (including domestic bank transfers) | Free within Japan / Paid overseas |
| CB rate | Maximum guarantee (if lower than other companies, we will address the issue upon request) | Varies by site |
| Cumulative CB payment history | Over 20 billion yen | private |
Key point to consider: For traders with high trading frequency, the effective spread reduction effect of cashback sites can be very significant. While HFM offers relatively narrow spreads depending on the currency pair, using cashback can further reduce trading costs.
How HFM Cashback Sites Work and How to Choose One
HFM cashback sites are services that, as HFM's IB (Introducing Broker) partners, return a portion of the IB commission based on the user's trading volume in cash. Since the cashback rate, withdrawal conditions, and number of supported brokers vary from site to site, it is important to compare them based on the following points
Checkpoints for choosing a cashback site
- Cashback Rate (CB Rate): Even for the same HFM and the same account type, the cashback rate can differ depending on the website.
- Withdrawal speed and minimum withdrawal amount: Can you withdraw small amounts on the same day?
- Withdrawal fees: Will the cashback I've received be reduced by the fees?
- Number of compatible brokers: Whether it can be used with brokers other than HFM.
- Support system: Is Japanese language support available? Can problems be resolved quickly?
- Track record and reliability: Reliability is judged based on cumulative payment history and the number of users.
Features of Money Charger — A service specializing in HFM cashback
Money Charger is a platform specializing in cashback offers from overseas forex brokers, including HFM. Below is a summary of its key features
Feature 1: Industry-leading cashback rate
Money Charger guarantees the highest HFM cashback rate, and if it's lower than another company's, you can apply for a match. Cashback is automatically generated with every transaction, and cumulative cashback payments have exceeded 20 billion yen (as of March 27, 2026)
Feature 2: Industry-leading fast withdrawal processing
Withdrawals are processed in as little as 30 seconds and typically within 2 minutes. The minimum withdrawal amount is 10 yen, and there are no withdrawal fees, including for domestic bank transfers. Withdrawals are supported to bank accounts, USDT, and Exness accounts
Feature 3: Enhanced investment support functions
In addition to cashback offers, we also provide ranking information for automated trading (EAs) and copy trading, as well as our own strategies such as the official EA "OMEGA EA" and AI copy trading. We also regularly hold events to stimulate investment, such as EA battles and campaigns
Feature 4: Wide range of supported vendors and user base
We support over 22 FX brokers, one of the largest selections in the industry. We have over 1,500 monthly active users, and registration and use are completely free
Feature 5: Cashback Simulator (Coming Soon)
We will soon be releasing a simulator that will instantly calculate your estimated cashback amount at HFM simply by entering your trading volume
Important points to note when using HFM cashback
There are three important points to keep in mind when using HFM's cashback program: "restrictions on combining it with bonuses," "transaction conditions," and "the reliability of the site you choose." We will explain each of these in detail below
- Using multiple bonuses: If you use a cashback site, you are likely to be ineligible for HFM's bonus campaign. Before opening an account, be sure to check whether you can receive bonuses with that account type. In some cases, Top Up Bonus accounts may allow for combined use, so check the latest information on each site.
- Terms and Conditions Compliance: At the discretion of the broker, certain trading methods or short-term trades (such as positions held for less than 2 minutes) may be deemed ineligible for cashback.
- Choose a trustworthy site: When choosing a cashback site, it is recommended to use a large, reputable service with a proven track record. Check their cumulative payment history, withdrawal speed, and number of users to determine their reliability.
- Linking Existing Accounts: With HFM, it may not be possible to change the linked account for accounts opened through means other than cashback sites. Often, you will need to open a new additional account.
- Dormant Account Fees: HFM charges a $5 monthly account maintenance fee if an account is left dormant for 90 days, so be sure to deal with unused accounts as soon as possible.
- Campaign details may change: Campaign details may change depending on the time of year, so please be sure to check the latest information on the HFM official website and the cashback site you plan to use.
First, we strongly recommend that you decide what you prioritize (reducing transaction costs or taking advantage of bonuses), and then compare the conditions on the official website with the rules of the cashback site
Pricing and Plans
Registration and use of Money Charger completely free .
| item | Content |
|---|---|
| Initial cost | 0 yen |
| Monthly fee | 0 yen |
| Withdrawal fees | 0 yen (including domestic bank transfers) |
| Minimum withdrawal amount | 10 yen |
| Cashback | Automatically generated for each transaction |
There are absolutely no fees involved; cashback is automatically accumulated simply by making transactions
Frequently Asked Questions (FAQ)
Q: Is there a fee to register for Money Charger? A: No, registration and use are completely free. There are no initial fees, monthly fees, or withdrawal fees.
Q: Can I receive cashback with an existing HFM account? A: Generally, you need to open a new account through the cashback website. However, in some cases, you can open an additional account from the HFM management screen (myHF area) and link your IB ID to it.
Q: When will the cashback be reflected? A: The cashback will be automatically credited after the transaction is completed. After the withdrawal request, processing will be completed in as little as 30 seconds, and on average within 2 minutes.
Q: Can I use HFM's bonuses and cashback together? A: Some HFM bonus campaigns may not apply to accounts opened through cashback sites. However, it may be possible to use them together with a Top Up Bonus account, so please check the terms and conditions beforehand.
Q: What is the minimum withdrawal amount? A: Money Charger's minimum withdrawal amount is 10 yen. Many other companies charge 1,500 yen or more, making this one of the lowest in the industry.
Q: Which account types are eligible for cashback? A: All of HFM's main account types (Premium Account, Cent Account, Zero Spread Account, Pro Account, etc.) are eligible for cashback. The cashback rate varies depending on the account type, so please check the Money Charger website for details.
Q: Will I receive cashback even with automated trading (EA)? A: Yes, you will receive cashback even with automated trading (EA). HFM is a broker that is well-suited for EA operation because there are no restrictions on trading methods or automated trading.
Q: How can I withdraw my cashback? A: We support withdrawals to bank accounts (domestic bank transfer), USDT, and Exness accounts. There are no fees for any of these methods.
summary
HFM cashback can be received in two ways: "via cashback sites (IB)" and "HFM's own program." For traders who prioritize reducing trading costs, utilizing cashback sites is an effective way to significantly lower the effective spread
When choosing a cashback site, it's important to comprehensively compare factors such as the cashback rate, withdrawal speed, minimum withdrawal amount, fees, number of supported businesses, and reliability. Money Charger is a cashback platform with a proven track record, boasting over 20 billion yen in cumulative cashback payments, withdrawal speeds as fast as 30 seconds and an average of under 2 minutes, a minimum withdrawal amount of 10 yen, zero withdrawal fees, support for over 22 businesses, and over 1,500 monthly active users (as of March 27, 2026)
Please note that accounts opened through cashback sites may not be eligible for HFM's official bonus. Therefore, decide in advance whether you prioritize "reducing trading costs" or "utilizing bonuses," and then check the latest terms and conditions on both the official website and the cashback site before opening an account
If you'd like to start using HFM Cashback, you can open an account by registering for free with Money Charger. Registration takes about 3 minutes, and cashback will start immediately after you begin trading.
