HF Markets Account Types

HF Markets offers a variety of trading account types tailored to different trader profiles, including beginners, experienced retail traders, scalpers, and fund managers. The available accounts include:

• Micro Account:
• Best for: Beginners
• Minimum Deposit: $5
• Leverage: Up to 1:1000
• Spreads: From 1 pip
• Assets: Access to over 3,500 assets including forex, indices, stocks, commodities, and bonds.
• Premium Account:
• Best for: Experienced retail traders
• Minimum Deposit: $0
• Leverage: Up to 1:500 (depending on jurisdiction)
• Spreads: Floating spreads from 1 pip
• Features: Personal account manager and VPS services.
• Zero Spread Account:
• Best for: Scalpers
• Minimum Deposit: $0
• Leverage: Up to 1:500
• Spreads: From 0 pips (with a commission of $6 per lot round turn).
• Auto Account:
• Best for: Algorithmic traders
• Minimum Deposit: $0
• Leverage: Up to 1:500
• Spreads: Floating spreads from 1 pip.
• Premium Pro Account:
• Best for: High-volume traders
• Minimum Deposit: $5,000
• Leverage: Up to 1:400
• Spreads: Starting from 1 pip.
• Copy Account:
• Best for: Copy traders
• Minimum Deposit: $0
• Leverage: 30:1 in Europe, 400:1 in other areas.
• Spreads: From 1 pip.
• VIP Account:
• Best for: Exclusive traders
• Minimum Deposit: $20,000
• Leverage: Up to 1:50
• Spreads: From 0 pips (with a commission of $6 per round-turn per lot).
• MAM/PAMM Account:
• Best for: Fund managers
• Minimum Deposit: $250
• Leverage: Up to 1:500
• Spreads: From 1.1 pips.
• Islamic Account:
• Best for: Muslim traders
• Minimum Deposit: Varies
• Leverage: Up to 1:500
• Spreads: Floating spreads from 1 pip, swap-free.

HF Markets Broker Account Opening Process

Opening an account with HF Markets is a straightforward process. Heres a step-by-step guide:

• Visit the HF Markets Website: Navigate to the official HF Markets website.

• Choose Account Type: Click on "Open a Live Account" and select the account type that suits your trading needs (individual, joint, or company).

• Fill Out Personal Information: Provide necessary details including your full name, email address, country of residence, date of birth, and phone number.

• Create a Password: Choose a strong password for your account.

• Verify Email: Check your inbox for a verification email and click on the link to activate your account.

• Complete Your Profile: Enter additional personal information such as your address and select your base currency.

• Answer Trading Experience Questions: Respond to questions regarding your trading knowledge and experience.

• Provide Verification Documents: Upload required documents for identity verification, such as a valid passport or utility bill.

• Account Status: Your account will be in a pending status while documents are reviewed. This may take a few hours to business days.

• Fund Your Account: Once verified, you can make your first deposit using various payment methods such as credit/debit cards, wire transfer, or e-wallets.

By following these steps, you can successfully open a trading account with HF Markets and start your trading journey.