English

HFX Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.hfx.co.id..., the company's legitimate regulatory information IndonesiaBAPPEBTIRetail Forex License to enhance the security of the company's address APL Tower Central Park Mall Lantai 16 No. T2 Jl. Let.Jend S.Parman Kav 28 Jakarta Barat 11470 Indonesia

HFX Forex Broker

Basic Information

Registered Region

Indonesia

Operating Period

Company Name

PT. HFX Internasional Berjangka

Abbreviation

HFX

Company employee

Customer Service Email Address

support@hfx.co.id

Contact Number

+622129337651

Company Website

https://www.hfx.co.id/en

Company address

APL Tower Central Park Mall Lantai 16 No. T2 Jl. Let.Jend S.Parman Kav 28 Jakarta Barat 11470 Indonesia

Facebook

https://www.facebook.com/hfxinternasionalberjangka/

Keywords

5-10 years

Regulated in Indonesia

Retail Forex License

White label MT4

Regional Brokers

Company profile

HFX Review SummaryFounded2006Registered Country/RegionIndonesiaRegulationRegulated by BAPPEBTIMarket InstrumentForex, metals, energies, indicesAccount TypeMini, Mini Classic, Classic, PremiumDemo Account✅($100,000 in virtual funds)Islamic Account✅Maximum Leverage1:200Spread (EUR/USD)Floating around 1.7 pipsTrading PlatformHFX MT4, HFX Android, HFX iPhone Trader, HFX iPad Trader, HFX WebTerminalMinimum Deposit$100Deposit & Withdrawal MethodWire transfersCustomer SupportLive chatTel: +6221-2933-7651Email: support@hfx.co.idHFX Information HFX, a trading name of PT. HFX Internasional Berjangka, is an online trading service provider based in Indonesia whose goal is to provide traders with the best trading conditions by allowing them unlimited access to liquidity, low spreads, and a wide range of products and services. HFX offers leverage up to 1:200 for forex trading and utilizes the popular MetaTrader 4 (MT4) trading platform, which is known for its robust features and extensive trading tools.Pros & ConsPros ConsMultiple security measuresNo top-tier regulationDemo accountsLimited tradable assetsVarious account typesOnly accept wire transfer paymentsMT4 supportedNo commisson-free accountsNo deposit & withdrawal feeLive chat supportIs HFX Legit? PT. HFX Internasional Berjangka (formerly known as PT. Fortis Asia Futures) is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) under the Ministry of Trade in Indonesia. They hold a Retail Forex License with license number 877/BAPPEBTI/SI/1/2006.Market Instruments HFX offers traders a wide range of financial products, mainly popular currency pairs, indices, metals, and energy. Currency Pairs: HFX provides access to a variety of currency pairs, allowing traders to participate in the foreign exchange market. Currency pairs include major pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs. Traders can take advantage of fluctuations in exchange rates between different currencies to potentially profit from their trades. Indices: HFX offers trading on various stock market indices, representing a basket of stocks from specific regions or sectors. Traders can speculate on the overall performance of an index, such as the S&P 500 or the FTSE 100, without the need to trade individual stocks. This allows for diversification and exposure to broader market trends. Metals: Traders on HFX have the opportunity to trade precious metals like gold and silver. Precious metals are often sought after as a safe haven during times of market volatility or economic uncertainty. Trading metals can provide a way to hedge against inflation or diversify an investment portfolio. Energy: HFX offers energy trading, allowing traders to participate in the price movements of commodities like crude oil and natural gas. Energy markets can be influenced by various factors, including geopolitical events and supply and demand dynamics. Trading energy products provides opportunities to profit from these fluctuations.Account Types Apart from demo accounts, HFX offers investors four types of live accounts: Mini, Mini Classic, Classic, and Premium. Mini Account: for low-volume traders who are just getting started. Mini Classic Account: for beginners. ClassicAccount: for traders looking for position sizing flexibility. Premium Account: for scalpers, high-volume traders and those who use Expert Advisors (EA).Account TypeMinimum DepositMini100 USDMini ClassicClassic5,000 USDPremium LeverageAccount TypeMaximum LeverageMini1:200Mini ClassicClassic1:50Premium It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Spreads & Commissions HFX does not offer commission-free accounts. All account types will be charged certain commission fee. The spread is variable from 1 pip for the Mini account, while from 0 pips for other three account types.Account TypeSpread CommissionMiniFrom 0 pips✔Mini ClassicFrom 1 pipClassicFrom 0 pipsPremiumTrading Platform HFX provides its traders with the widely recognized and highly popular MetaTrader 4 (MT4) trading platform. This platform is renowned for its advanced features, user-friendly interface, and extensive range of trading tools. HFX understands the diverse requirements of its users and offers multiple trading systems to cater to their specific preferences. These systems include HFX Android, HFX iPhone Trader, and HFX iPad Trader, ensuring compatibility and accessibility across various devices.Deposit & Withdrawal HFX accepts deposits through wire transfers. The minimum deposit amount required by HFX is $100, allowing traders to start their trading activities with a manageable initial investment. When it comes to withdrawals, HFX has set a minimum withdrawal amount of $5. Traders can request withdrawals, and the processing time for these requests is 1 business day. It is worth noting that HFX applies withdrawal fees that are dependent on the specific bank used for the transaction. The exact fee structure is not specified, so traders should review the terms and conditions or contact HFX directly to obtain accurate information regarding the applicable fees.Wire TransferMin AmountMax AmountFeeProcessing TimeDeposit$100No limit❌(bank charges may apply)Within 1 dayWithdrawal$5 / Rp 60 000No limit1 business dayCustomer Support HFXs customer support can be reached by telephone: +6221-2933-7651, email: support@hfx.co.id or live chat. You can also follow this broker on social networks such as Twitter, Facebook and LinkedIn. Company address: APL Tower Central Park Mall Lantai 16 No. T2 Jl. Let.Jend S.Parman Kav 28 Jakarta Barat 11470 Indonesia.Frequently Asked Questions (FAQs) Is HFX regulated? Yes. It is regulated by Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI). Does HFX offer demo accounts? Yes. Does HFX offer the industry-standard MT4 & MT5? Yes. HFX supports MT4 and mobile trading. What is the minimum deposit for HFX? The minimum initial deposit to open an account is $100. Is HFX a good broker for beginners? Yes. HFX is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

HFX broker review

Is HFX safe or scam

Rating Index

PREMIUM

Minimum Deposit

$5000

CLASSIC

Minimum Deposit

$5000

How to login to HFX?

HFX Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of online trading can be daunting, especially when it comes to setting up your account. This guide will walk you through the essential processes for HFX, including registration, account opening, and l

HFX Forex Broker - Complete Information Guide

1. Overview of the Broker

　　HFX, officially known as PT. HFX Internasional Berjangka, was established in 2009. The company is headquartered in the British Virgin Islands and primarily operates as a private entity. HFX serves a diverse clientele, including retail traders and institutional investors, providing a wide range of trading services in the forex market.

　　Since its inception, HFX has aimed to deliver innovative trading solutions, leveraging advanced technology to enhance trading experiences. The firm has achieved several milestones, including the development of a robust trading platform and the introduction of various educational resources for traders. HFX aims to cater to both novice and experienced traders by providing a comprehensive suite of trading tools and resources.

　　The company's business model focuses on retail forex trading, offering a variety of account types and trading options. HFX has established a reputation for providing competitive trading conditions, including tight spreads and high leverage options, making it an attractive choice for traders looking to maximize their trading potential.

　　HFX broker is dedicated to enhancing the trading experience through continuous innovation and customer support, positioning itself as a reliable player in the forex brokerage landscape.

2. Regulatory and Compliance Information

　　HFX claims to be regulated by the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti), with the license number 877/Bappebti/SI/1/2006. However, it is important to note that Bappebti is not a regulatory body that issues licenses for forex trading or regulates entities involved in forex services, raising concerns about the validity of HFX's regulatory status.

　　The broker states that it adheres to strict compliance measures, including Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, to ensure the safety of client funds and compliance with relevant laws. HFX also emphasizes the importance of customer fund segregation, ensuring that client funds are kept separate from the company's operational funds.

　　Despite these claims, various sources have flagged HFX as potentially operating without adequate regulatory oversight, which could pose risks to investors. The lack of participation in investor compensation schemes further exacerbates these concerns, leaving clients without a safety net in the event of financial disputes or broker insolvency.

　　In summary, while HFX presents itself as a regulated broker, the legitimacy of its regulatory claims is questionable, and potential clients should exercise caution and conduct thorough research before engaging with the HFX broker.

3. Trading Products and Services

　　HFX offers a diverse range of trading products, primarily focusing on forex currency pairs. The broker provides access to over 50 currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as a selection of minor and exotic pairs. This extensive offering allows traders to capitalize on various market conditions and currency fluctuations.

　　In addition to forex trading, HFX also provides Contracts for Difference (CFDs) on various asset classes, including indices, commodities, and cryptocurrencies. The broker's product range includes popular indices such as the S&P 500 and commodities like gold and silver, allowing traders to diversify their portfolios.

　　HFX frequently updates its product offerings to meet market demands and client preferences. The introduction of new trading instruments is part of the broker's commitment to providing a comprehensive trading experience. Retail clients can access these products through various account types, while institutional clients may benefit from tailored solutions.

　　HFX also offers services such as white-label solutions and asset management, catering to a wide range of clients. The broker's focus on innovation and responsiveness to market trends positions it as a competitive player in the forex trading landscape.

4. Trading Platforms and Technology

　　HFX primarily utilizes the MetaTrader 4 (MT4) trading platform, renowned for its user-friendly interface and robust features. MT4 is widely regarded as one of the best trading platforms for forex trading, offering advanced charting tools, automated trading capabilities, and a variety of technical indicators.

　　In addition to MT4, HFX provides a web-based trading platform, allowing traders to access their accounts from any device with internet connectivity. The broker also offers mobile trading applications for both iOS and Android, enabling clients to trade on the go.

　　The execution model employed by HFX includes ECN (Electronic Communication Network) and STP (Straight Through Processing), ensuring fast order execution and minimal slippage. HFX's technological infrastructure is designed to support high-frequency trading, with low-latency connections to liquidity providers.

　　HFX also offers API access for automated trading, allowing traders to implement their strategies seamlessly. The broker's commitment to leveraging technology enhances the trading experience for both retail and institutional clients.

5. Account Types and Trading Conditions

　　HFX provides several account types to cater to different trading needs. The standard account requires a minimum deposit of $500, offering competitive spreads starting from 0.3 pips. For advanced traders, HFX offers Gold and Platinum accounts, which come with additional features and benefits, including lower spreads and higher leverage options.

　　The broker also provides a demo account for clients to practice their trading strategies without risking real funds. Leverage ratios vary by account type, with options up to 1:400 for forex trading. The minimum lot size for trading is 0.01, allowing for flexible position sizing.

　　HFX's overnight fees are applied in accordance with market conditions, and clients are encouraged to review the broker's fee structure before opening an account. The diverse range of account options and competitive trading conditions make HFX an appealing choice for traders looking to maximize their investment potential.

6. Fund Management

　　HFX supports various deposit methods, including bank transfers, credit/debit cards, and e-wallets such as Neteller and Skrill. The minimum deposit requirement varies by account type, with a standard requirement of $500 for live accounts.

　　Deposit processing times are typically quick, with funds being available for trading within one business day. However, clients should be aware of any potential deposit fees that may apply, depending on the chosen method.

　　Withdrawal options include bank transfers and e-wallets, with a minimum withdrawal amount set at $5. HFX aims to process withdrawal requests within one business day, although the exact processing time may vary based on the method used. Withdrawal fees may also apply, and clients are advised to check the broker's terms and conditions for specific details.

7. Customer Support and Educational Resources

　　HFX provides customer support through multiple channels, including phone, email, and live chat. The support team is available 24/7, ensuring that clients can receive assistance at any time. Additionally, HFX offers support in multiple languages, enhancing accessibility for a diverse clientele.

　　The broker also emphasizes the importance of education, providing a range of resources such as webinars, video tutorials, and e-books. Market analysis services, including daily updates and research reports, are also available to help traders stay informed about market trends and developments.

　　HFX offers various trading tools, including economic calendars and calculators, to assist traders in making informed decisions. The broker's commitment to education and support reflects its dedication to fostering a knowledgeable trading community.

8. Regional Coverage and Restrictions

　　HFX primarily serves clients in Indonesia and the broader Southeast Asian region. The broker has established a presence in various markets, with regional offices to support its operations. However, certain countries may be restricted from accessing HFX's services due to regulatory considerations.

　　Potential clients should be aware of the specific countries where HFX does not accept clients, as well as any restrictions related to local regulations. It is advisable for traders to conduct thorough research to ensure compliance with their local laws before engaging with the HFX broker.

　　In conclusion, HFX presents itself as a comprehensive forex broker, offering a range of products and services to cater to diverse trading needs. While the broker claims regulatory compliance, potential clients should exercise caution and conduct due diligence to ensure a secure trading environment.

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