Rating Index
Pros
Offers a range of trading instruments including forex, commodities, and cryptocurrencies.
User-friendly platform that is accessible from multiple devices.
Provides various account types to cater to different trading preferences.
Cons
Lacks valid regulatory oversight, increasing potential risks for traders.
Limited transparency regarding fees and trading costs, which may lead to unexpected charges.
Customer support may be inconsistent, with reports of slow response times.
Hpfx broker Accounts
HPFX Account Types
HPFX offers a variety of account types to cater to different trading needs. Here are the main account types available:
- ECN Platinum Account
- Starting Deposit: $20,000
- Instruments: FX, metals, commodities, indices, energy, cryptocurrencies, stocks
- Commission: $7 per lot
- Max Leverage: Up to 1:500
- Margin Call/Stop Out: 100% / 60%
- Overnight Swap Fees: Yes
- ECN Gold Account
- Starting Deposit: $500
- Instruments: FX, metals, commodities, indices, energy, cryptocurrencies, stocks
- Commission: $10 per lot
- Max Leverage: Up to 1:500
- Margin Call/Stop Out: 100% / 60%
- Overnight Swap Fees: Yes
- ECN Diamond Account
- Starting Deposit: $50,000
- Instruments: FX, metals, commodities, indices, energy, cryptocurrencies, stocks
- Commission: $4 per lot
- Max Leverage: Up to 1:200
- Margin Call/Stop Out: 100% / 60%
- Overnight Swap Fees: Yes
- Standard Account
- Starting Deposit: $50
- Instruments: FX, metals, commodities, indices, energy, cryptocurrencies, stocks
- Commission: None
- Max Leverage: Up to 1:1000
- Margin Call/Stop Out: 100% / 30%
- Overnight Swap Fees: Yes
- Islamic Account
- Starting Deposit: $50
- Instruments: FX, metals, commodities, indices, energy, cryptocurrencies, stocks
- Commission: None
- Max Leverage: Up to 1:1000
- Margin Call/Stop Out: 100% / 60%
- Overnight Swap Fees: No
- Visit the HPFX Website: Go to the official HPFX website to start the account opening process.
- Select Account Type: Choose the account type that best suits your trading needs from the available options.
- Fill in the Registration Form: Complete the online registration form with your personal details.
- Upload KYC Documents: Provide the necessary Know Your Customer (KYC) documents for identity verification.
- Account Verification: After submitting your documents, HPFX will review and verify your account.
- Deposit Funds: Once your account is approved, you can fund your trading account using various payment methods.
- Start Trading: After funding your account, you can log in to the trading platform and begin trading.
HPFX Broker Account Opening Process
Opening an account with HPFX is a straightforward process. Here are the steps to follow:
This process is designed to be quick and efficient, allowing traders to start their trading journey with minimal delay.
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