HFM Account Type

HFM offers various types of trading accounts to cater to different trading styles and preferences. The main account types include:

• Standard Account:
• Minimum Deposit: $100
• Leverage: Up to 1:500
• Spread: Variable spreads starting from 1 pip
• Suitable for both beginners and experienced traders.
• ECN Account:
• Minimum Deposit: $200
• Leverage: Up to 1:500
• Spread: Raw spreads starting from 0 pips
• Ideal for scalpers and high-frequency traders.
• Islamic Account:
• Available for both Standard and ECN accounts.
• No swap fees applied, compliant with Sharia law.
• Managed Account:
• Requires a higher minimum deposit.
• Suitable for investors who prefer to have their accounts managed by professionals.

HFM Broker Account Opening Process

To open an account with HFM, follow these steps:

• Visit the HFM Website: Go to the official HFM website.
• Select "Open an Account": Click on the "Open an Account" button prominently displayed on the homepage.
• Fill Out the Registration Form: Provide your personal details including name, email address, and phone number.
• Choose Account Type: Select the type of account you wish to open (Standard, ECN, Islamic, or Managed).
• Verify Your Identity: Upload the required documents for identity verification, such as a government-issued ID and proof of address.
• Fund Your Account: Choose your preferred funding method and deposit the minimum required amount.
• Start Trading: Once your account is approved and funded, download the trading platform and start trading.

For more details, visit the HFM official website: HFM