For overseas forex cashback services, try Money Charger

Details of the service provider : BROKER

Features of HFM (formerly HotForex) (HFM Market)

overview

Operating company

HF Markets (SV) Ltd.

Establishment

2010

Registered address

Suite
305, Griffith Corporate Centre, PO Box 1510,
Beachmont Kingstown, St. Vincent and the Grenadines.

Financial License

• UK Financial Conduct Authority (FCA) Corporate License Number: 801701
• Dubai Financial Services Authority (DFSA) License Number: F004885
• South Africa Financial Sector Conduct Authority (FSCA) License Number: 46632
• Seychelles Financial Services Authority (FSA) Security Dealer License Number: SD015, Registration Number 8419176-1
• Kenya Capital Markets Authority (CMA) License Number: 155
• Mauritius Financial Services Commission (FSC) Number 094286/GBL
• Cyprus Securities and Exchange Commission (CySEC) Number 183/12

Leverage

Up to 2000x

spread

1.8 pips/USD/JPY, 1.4 pips/EUR/USD *Subject to change due to variable spread

Products handled

FX, metals, energy, stock indices, stocks, commodities, bonds, ETFs, cryptocurrencies

Margin call

None (Zero-cut system adopted)

Japanese support

can be

Trading Tools

MT4, MT5, HFM platform

This article provides a thorough investigation into actual customer reviews and reputation of HFM

Strengths

  • There are a variety of campaigns, and they are held frequently
  • Generous deposit bonus
  • Maximum leverage of 2,000x
  • Zero-cut system with no margin calls adopted
  • They offer a wide variety of CFD instruments, including cryptocurrencies and stocks
  • Diverse deposit and withdrawal channels
  • Fast withdrawal
  • 24/7 customer support

weakness

  • Trading accounts tend to become dormant

Cashback rate (We offer the highest cashback rate in the industry!)

Top Up Account

BTC/USD 16.00 USD

XAU/USD 9.60USD

List of cashback amounts

Premium Account

BTC/USD 16.00 USD

XAU/USD 12.00USD

List of cashback amounts

Cent account

XAU/USD 0.12USD

List of cashback amounts

ProDrive

BTC/USD 6.40 USD

XAU/USD 5.60USD

List of cashback amounts

Zero Account

BTC/USD 6.40 USD

XAU/USD 5.60USD

List of cashback amounts

HF Copy Account (Standard)

BTC/USD 16 USD

XAU/USD 12USD

HF Copy Account (Cent)

BTC/USD 1.60 USD

XAU/USD 0.12USD

Auto-rebate account

An auto-rebate account is a system where cashback rewards are paid directly to your trading account by the trading partner, rather than by MoneyChat

 

Advantages of auto-rebate : No need to withdraw from MoneyChat; funds are reflected directly in your trading account, allowing you to trade immediately.
Disadvantages of auto-rebate : Not eligible for MoneyChat's cashback marathon (and other MoneyChat campaigns).

 

How to use an auto-rebate account

① Open an account using the following Auto Rebate account opening link (no need to register an account with MoneyChat)

② Account opening is complete, deposit margin into the account and start trading

③ Cashback for each transaction will be automatically reflected in your HFM account

Auto-rebate account

All account types have the same 'cashback rate' as above (cashback marathon is not included)

Cashback method

Details will be reflected in the cashback transaction history for each account number within the day following the transaction
(cashback withdrawal requests can be made within the day following the transaction).

 

Transactions ineligible for cashback:
▪︎Holding time rule
→ Transactions of 2 minutes or less are not eligible for cashback.

 

▪︎Terms and conditions when using bonuses
→ When using bonuses, transactions made with bonus funds are not eligible for cashback.

 

▪︎Terms and conditions when zero cut occurs
→ None

How to receive cashback from HFM (formerly HotForex) (HFM Market) (new registration)

New registration flow

  1. Moneycha User Registration
  2. Account registration application
  3. approval
  1. Moneycha User Registration

    • Registration is required only if you are using MoneyChat for the first time. If you have already registered with MoneyChat, please proceed to the New Account Opening
    1. Access the link below to register for Money Charger:
      https://portal.money-charger.com/register
    2. Please enter your name (in Roman letters), email address, and password, then click the "Register" button
    3. A verification email will be sent to the email address you entered. Clicking the "Verify" button in the email will complete the "Moneycha User Registration" process
    • If you do not receive the email, please check that the email address you entered is correct and that it hasn't been delivered to your spam folder
  2. Open a new FX account

    open an account linked to MoneyChat by entering the following reference code in the "IBID (only fill in if you were introduced by an HF partner)" field on the "Open Trading Account" screen of the official HFM My Page and
    proceeding with the additional account opening.

    368246

    HFM (formerly HotForex)
    page.

    • Please note that cashback will not be provided for accounts opened without entering the above reference code
    • If you have reached the maximum number of FX accounts and are unable to open additional accounts, please contact support to request the deletion of your existing accounts before attempting to open additional accounts again
  3. FX account registration application

    1. To log in to your Money Charger My Page,
      please access the link below, enter your registered email address and password, and click the "Login" button.
      https://portal.money-charger.com/login
    2. Add a cashback account in the account management screen
      • Click the Account Management tab in the menu
      • Select HFM (formerly HotForex) from the vendor name dropdown menu.
      • enter the account number of the HFM (formerly HotForex) account you opened.
      • Press the Add button
    • If there are no problems with the procedure, the status will be updated to approved within one business day, and you will receive a confirmation email at the registered email address.
      If there are any issues, we will notify you by email, so please follow the instructions in the email to complete the additional procedure.

How to receive cashback from HFM (formerly HotForex) (HFM Market) (when switching providers)

Transfer Flow

  1. Moneycha User Registration
  2. Open an additional account
  3. Account registration application
  4. approval
  1. Moneycha User Registration

    • Registration is required only if you are using MoneyChat for the first time. If you have already registered with MoneyChat, please proceed to the Add Account Opening
    1. Access the link below to register for Money Charger:
      https://portal.money-charger.com/register
    2. Please enter your name (in Roman letters), email address, and password, then click the "Register" button
    3. A verification email will be sent to the email address you entered. Clicking the "Verify" button in the email will complete the "Moneycha User Registration" process
    • If you do not receive the email, please check that the email address you entered is correct and that it hasn't been delivered to your spam folder
  2. Open an additional account

    By clicking the button below and proceeding with the new account creation process on the displayed screen, you can open an account linked to MoneyChat

    HFM (formerly HotForex)
    page.

    • Please note that cashback will not be provided for accounts opened without clicking the button above


    here for instructions on how to open an additional account.

  3. Account registration application

    1. To log in to your Money Charger My Page,
      please access the link below, enter your registered email address and password, and click the "Login" button.
      https://portal.money-charger.com/login
    2. Add a cashback account in the account management screen
      • Click the Account Management tab in the menu
      • Select HFM (formerly HotForex) from the vendor name dropdown menu.
      • enter the account number of the HFM (formerly HotForex) account you opened.
      • Press the Add button
    • If there are no problems with the procedure, the status will be updated to approved within one business day, and you will receive a confirmation email at the registered email address.
      If there are any issues, we will notify you by email, so please follow the instructions in the email to complete the additional procedure.