HFM Cashback Rebates

Overall, HFM offers a forex cashback of up to $6 per lot to Affiliates when their clients register a Premium or Micro Account, and $3 with a Zero Account when trading Metals, Indices, Oil, Commodities, and US Shares. However, Affiliates could earn up to 60% of the pip value when clients trade Forex, according to HFM.

HFM Cashback Rebates – 35 Key Point Quick Overview

1. ✅ HFM Rebate Conditions
2. ✅ HFM Additional Notes on Cashback Rebates
3. ✅ How to Open a Forex Cashback Account with HFM (via SAShares)
4. ✅ Number of Traders participating in HFM Cashback Rebates
5. ✅ HFM Rebate Comparison vs. Notable Other Brokers
6. ✅ Detailed Summary of HF Markets
7. ✅ Geolocation of Traders
8. ✅ Advantages that HFM has over Competitors
9. ✅ Who will Benefit from Trading with HF Markets?
10. ✅ HFM Regulation and Safety of Funds
11. ✅ HFM Awards and Recognition
12. ✅ HFM Account Types and Features
13. ✅ How to open an Account with HFM
14. ✅ HFM Trading Platforms
15. ✅ Which Markets Can You Trade with HFM
16. ✅ Financial Instruments and Leverage offered by HFM
17. ✅ HFM Trading and Non-Trading Fees
18. ✅ HFM Deposits and Withdrawals
19. ✅ How to Deposit Funds with HFM
20. ✅ HFM Fund Withdrawal Process
21. ✅ HFM Education and Research
22. ✅ HFM Bonuses and Current Promotions
23. ✅ How to open an Affiliate Account with HFM
24. ✅ HFM Affiliate Program Features
25. ✅ HFM Corporate Social Responsibility
26. ✅ HFM Alternatives
27. ✅ HFM VPS Review
28. ✅ HFM Web Traffic Report
29. ✅ HFM Customer Support
30. ✅ HFM Pros and Cons
31. ✅ HFM vs. Other Notable Brokers
32. ✅ HFM Customer Reviews
33. ✅ Recommendation for Improving HFM Cashback Rebates
34. ✅ Our Verdict on HFM
35. ✅ HF Markets Frequently Asked Questions

HFM Rebate Conditions

• ✅ Accounts registered with the Seychelles HFM entity do not qualify for rebates.
• ✅ Residents from Portugal and France are not eligible for rebates.
• ✅ Any deals involving margins from bonus funds do not qualify for rebates.
• ✅ HFM’s Social Accounts, PAMM Managers, Hedges, and UK Share trades are not eligible for rebates.
• ✅ A completed transaction is required to trigger the rebate.
• ✅ The maximum cumulative rebate that may be collected is $8,000.
• ✅ Open positions with less than one minute duration are ineligible for refunds.
• ✅ When a position is accessible for more than two minutes, traders get 50% of the set rebate amount.
• ✅ The minimum daily rebate to a customer’s trading Account is US$5.

Finally, Rebates are only paid in USD.

HFM Additional Notes on Cashback Rebates

• ✅ There are no Pip or time restrictions
• ✅ FM provides both a 100 percent Supercharged Bonus and Supercharged refunds.
• ✅ Daily rebates are calculated automatically and sent directly into the client’s trading account at 2 AM server time.
• ✅ The Rebate Value is equivalent to the USD pip value of the related Forex product in quantities of 0.2 lots (20,000 units of the currency pair) in each successful Forex lot transaction, with positions above 0.2 lots qualifying for HFM’s rebate.

The volume traded determines the Forex and gold rebates, and rebates are provided after a transaction is closed.

How to Open a Forex Cashback Account with HFM (via SAShares)

You can follow these steps to register for a Forex Cashback Account with HFM via SAShares.

For New Accounts

If you do not have an existing account with HFM, you can easily obtain a cashback rebate in three simple steps.

✅ Step 1:  Visit the HF Markets Website

Visit the HFM website and click “Open New Account.”

✅ Step 2: Provide a Trading ID

Submit your Trading ID to us: [SAShares]

For Example:

To: [SAShares]

Subject: New HFM Rebate Application

“Dear SAShares Team,

Please view my HFM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

✅ Step 3: Await Approval.

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the HFM system.

For Existing Accounts

If you have an existing HFM account, you can get a cashback rebate by following these simple steps.

✅ Step 1:  Send an email to HFM: [email address for broker]

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

For Example:

To: [SAShares]

Subject: Account Transfer Request

“Dear HFM Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

✅ Step 2: Create an Additional Account

Once you receive confirmation of the transfer from HFM, you can create an additional trading account.

✅ Step 3: Supply a Trading ID

Lastly, you can send your Trading or Client ID to [SAShares].

For Example:

To: [SAShares]

Subject: New HFM Rebate Application

“Dear SAShares Team,

Please view my HFM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

Understanding Forex Trading Rebates: How They Work with HFM

The HFM affiliate program provides affiliate customers compensation based on their trading actions. Here is a rundown of how the program works:

The commission structure changes according to the financial instrument exchanged by affiliate clients:

• ✅ FX (Forex): Affiliates receive 60% of the pip value their referred clients’ Forex trades generate.
• ✅ Gold: Affiliates earn a fixed commission of $6 per lot traded by their referred clients in Gold.
• ✅ Indices, Oil, Commodities, US Share: For trades in these instruments, affiliates receive $1 per lot traded by their referred clients.
• ✅ HFM provides an Automatic Rebate System that affiliates can request. This system enables affiliates to receive rebates or commissions automatically without manual processing.
• ✅ Affiliate commissions are paid out every week, specifically every Wednesday. This regular pay-out schedule ensures affiliates receive their earnings promptly.
• ✅ HFM maintains complete transparency in its affiliate program. This means affiliates can expect clear and detailed information about their referred clients’ trading activities, the corresponding commissions earned, and other relevant data.
• ✅ To help affiliates monitor their clients’ trading activities better, HFM offers MT4 (MetaTrader 4) reports. These reports provide comprehensive insights into the trading volume, positions, and performance of each client referred by the affiliate.

Furthermore, HFM offers various trading accounts, such as Premium, Micro, Islamic, and Zero-spread accounts. Each account type has different commission rates for affiliates:

• ✅ Premium, Micro, and Islamic Accounts: Affiliates earn 60% of the pip value from trades made in these standard accounts. The approximate commission per lot traded is $6.
• ✅ Zero-spreads Accounts: Affiliates receive 30% of the pip value from trades made in Zero-spreads accounts. The approximate commission per lot traded is $3.

Are there any restrictions on HFM rebates?

Yes, there are restrictions, such as minimum trading volumes and eligible trading instruments.

Can I earn rebates on all types of trades with HFM?

Rebates are available for Forex, commodities, indices, and stock trades.

Number of Traders participating in HFM Cashback Rebates

HFM currently has more than 3.5 million clients. However, it is unclear how many of these traders participate in HFM’s rebate program.

HFM Rebate Comparison vs. Notable Other Brokers

To view HFM’s comprehensive Cashback Rebates Program, we compared it with other notable brokers using the VIP, ECN, or Professional Accounts.

HFM – Advantages over Competitors / The Benefits of Forex Trading Rebates with HFM

Here are some of the advantages that HFM has over its competitors:

• ✅ HFM provides a variety of trading instruments, including Forex, commodities, indices, and stocks.
• ✅ HFM rebates are automatically deposited into the trader’s account, making transactions effortless and convenient.
• ✅ HFM provides advanced and user-friendly trading platforms like MetaTrader 4 and MetaTrader 5.
• ✅ HFM provides traders with competitive spreads and minimal transaction fees, augmenting their profit potential.
• ✅ HFM rebates augment overall profitability by offsetting trading expenses.
• ✅ HFM is governed by reputable financial authorities, which ensures a secure and reliable trading environment.

The currency trading rebates offered by HFM result in substantial savings for traders.  HFM provides superior customer service, promptly responding to trader inquiries.  HFM offers extensive educational resources, such as webinars, tutorials, and articles, to assist traders in enhancing their skills and knowledge.

Tips for Choosing HFM for Forex Trading Rebates / Key Factors to Consider When Evaluating HFM’s Forex Trading Rebate Program

• ✅ Examine the frequency with which rebates are paid. Some brokers pay rebates daily, while others may pay monthly. Choose a frequency that corresponds with your trading manner and cash flow requirements.
• ✅ Consider how rebates are paid. Some brokers may transfer the rebates to your trading account directly, while others may use alternative payment methods. Ensure that the method of payment is convenient for you.
• ✅ Evaluate the rebate program’s associated trading conditions. Ensure that they are consistent with your trading strategy. Ensure you can readily satisfy minimum trading volume requirements to qualify for rebates.
• ✅ Transparency is required for the rebate program. You should be able to monitor your rebate payments and earnings readily.
• ✅ Ensure that a respectable financial authority governs HFM. This provides some level of protection and recourse if problems arise.
• ✅ Evaluate the grade of customer service. You should receive prompt and useful responses to your questions regarding the rebate program.

Examine evaluations and comments from other traders regarding HFM’s rebate program. This can provide insight into the program’s dependability and efficiency.  Ensure that the rebate program does not impose excessive restrictions on your trading. You should be able to conduct business as usual and still earn rebates.  The procedure to enroll in the rebate program and begin earning rebates should be simple and uncomplicated.

Number of Traders participating in HFM Cashback Rebates / Real-Life Examples:

HFM currently has more than 3.5 million clients. Below are some examples of HFM’s rebates and how they work.

🥇 Luisa Larsen:

Luisa Larsen is a trader who participates in the HFM affiliate program. She has referred clients who trade in the Premium Account and focus on the Forex market, specifically the EUR/USD currency pair. Over a specific period, her referred clients executed 10 standard lots in Forex trades.

The HFM affiliate program offers a commission structure that rewards Luisa based on the trading activities of her referred clients.

Per the program’s terms, Luisa earns 60% of the pip value from her clients’ Forex trades. The pip value may vary depending on position size and exchange rate factors.

🥈 Oskar Gray:

Oskar Gray is an active participant in the HFM affiliate program. His referred clients have chosen to trade in the Zero-spreads Account, focusing on the Gold market, specifically the XAU/USD trading pair. Oskar’s clients executed 5 standard lots in Gold trades during a specific trading period.

Under the HFM commission structure, affiliates receive a fixed commission of $6 per lot traded by their referred clients in Gold. This provides Oskar with a transparent and straightforward way to earn commissions based on the trading volume of his clients in Gold.

🥉 Dean Davies:

Dean Davies is a member of the HFM affiliate program, and his referred clients trade in the Micro Account, primarily focusing on US Shares, specifically Apple Inc. (AAPL). Over a specific trading period, Dean’s clients executed 20 micro lots of US Share trades.

The HFM affiliate program offers a commission of $1 per lot traded by the referred clients in US Shares. This means that Dean earns a commission for each lot of US Share trades executed by his clients, providing him with an additional source of income based on their trading activities.

Detailed Summary of HF Markets

Successful Traders Benefiting from HFM’s Rebates – HFM’s Forex Trading Rebates Empowering Retail Traders for Success

Day Traders

For a day trader who executes multiple transactions in a single day, HFM’s rebate program presents a valuable opportunity. With each transaction, the day trader becomes eligible for a rebate, which, when accumulated over time, can amount to a sizeable sum.

Consequently, the day trader can experience a significant reduction in trading costs, increasing overall profitability.

Swing Traders

Similarly, an arbitrage trader who maintains positions for several days or weeks can benefit from HFM’s rebates. Even though swing traders execute transactions less frequently than day traders, they can still benefit substantially from the rebate program.

By receiving rebates, traders can effectively offset the costs associated with spreads and commissions, making their trading strategy more cost-effective and financially advantageous.

Long-Term Investors

Even long-term investors, holding positions for months to years, can benefit from HFM’s rebate program. When an investor modifies their portfolio or opens and closes a transaction, they become eligible for a rebate.

This entitles them to reduce their long-term trading costs, allowing them to achieve greater investment process efficacy and financial gains.

Geolocation of Traders

Most of HFM’s market share is concentrated in these areas:

• ✅ Nigeria – 10.34%
• ✅ South Africa – 8.81%
• ✅ Thailand – 8.77%
• ✅ Vietnam – 8.12%
• ✅ Malaysia – 7.68%

HFM’s services are currently expanding across Africa, Europe, and Asia.

Countries not accepted by HFM

HFM does not provide service to the following:

• ✅ Syria
• ✅ Canada
• ✅ United States
• ✅ Sudan
• ✅ North Korea

Popularity among traders who choose HFM

HFM is a popular, globally recognized, and regulated broker that falls within the top 5 brokers in the world.

Advantages that HFM has over Competitors

HFM has the following advantages over its competitors:

• ☑️ HFM offers versatile trading platforms with flexible account types.
• ☑️ The brand is synonymous with reliability and trust.
• ☑️ Algorithmic trading, scalping, hedging, and other strategies are supported.

Finally, the demo account is available for an unlimited time.

Who will Benefit from Trading with HF Markets?

HFM is a versatile broker that caters to beginner and professional traders despite their trading style or strategy. HFM offers a wide range of financial instruments that can be traded through user-friendly yet sophisticated platforms, ideal for all types of traders.

HFM Regulation and Safety of Funds

HFM Global Regulations

How HFM Protects Traders and Client Funds

Does HFM accept US traders?

No, HFM does not offer its services to traders in the United States.

Where can I view HFM’s risk warning?

You can view HFM’s risk warning at the bottom of every webpage on the broker’s website. Furthermore, you can click the “Risk Disclosure” link at the bottom of the webpage underneath the Risk Warning to access comprehensive information.

How to Maximize Your Savings/Profits with Forex Trading Rebates at HFM

To maximize your savings, you must completely comprehend HFM’s rebate program. Learn the rebate rate, the frequency of payments, and any conditions and requirements.

This will enable you to calculate potential savings and accordingly plan your transactions. Additionally:

• ✅ Track the rebates you receive. This can help you determine how much you are saving and whether your trading strategy needs to be altered to earn more rebates.
• ✅ Different trading strategies may result in varying rebate amounts. Due to the greater number of transactions, a high-frequency trading strategy may earn more rebates than a long-term investment strategy. Choose a trading strategy that corresponds to your financial objectives and risk tolerance.
• ✅ Keep abreast of any alterations to the HFM rebate program. This can assist you in adjusting your trading strategy to maximize your profits.
• ✅ Consider reinvesting your rebates in your trading activities. This has the potential to increase your trading capital and profits.
• ✅ Although rebates can reduce your trading expenses, they cannot eliminate them. Consider the total trading costs, including spreads, commissions, and other fees. Choose a broker with competitive trading conditions, such as HFM.

Typically, rebates are obtained on a per-trade basis. Therefore, the more you barter, the greater your potential for rebates. However, it is essential to maintain a prudent trading strategy and not overtrade to earn more rebates.

Will HFM rebates mean that I pay fewer trading fees?

You still pay trading fees such as spreads or commissions. However, you can earn those fees back in the form of rebates.

How can I calculate my HFM rebates?

You can use a rebate calculator online or multiply your HFM rebate rate by your trading volume.

HFM Awards and Recognition

According to HFM’s website, the company has been recognized for the following honors in the past year:

• ✅ Best Forex Broker Globally (2022)
• ✅ Top 100 Companies (2022)
• ✅ Best Forex Introducing Broker Provider (2022)
• ✅ Best Forex Trading App (2022)
• ✅ Best Forex Broker South Africa (2022)
• ✅ Best Forex Broker Middle East (2022)
• ✅ Best Forex Broker in Asia (2022)
• ✅ Best Educational Broker (2022)

Finally, HFM was appointed as the Best Forex Partners Program Globally (2022).

HFM Account Types and Features

HFM provides a variety of accounts to accommodate all types of investors and trading strategies. The broker provides six accounts, each with varying leverage levels, prices, and features targeted to the demands of modern investors.

HF Markets Micro Account

HFM offers the Cent account, a unique trading option combining swap-free and cent lots. The concept of cent lots, equivalent to 0.01 of a Standard lot or 1,000 units, allows traders to size their positions.

Its exceptionally low margin requirements set the Cent account apart – starting from as little as 10 US cents. This feature makes it especially appealing for beginner traders who wish to transition from practicing with demo accounts to live trading while keeping financial risks at a minimum.

For novice traders, Cent accounts allow them to test their skills in real market conditions without having large amounts of capital tied up in trades.

Furthermore, experienced traders can also take advantage of these accounts by exploring new instruments and refining strategies with reduced exposure due to allocated smaller capital towards such endeavors.

HF Markets Premium Account

HFM’s Premium account is designed to cater specifically to retail traders looking for swap-free trading options, lower spreads, no minimum deposit requirements, and commission-free transactions.

With a Premium account at HFM, traders can conveniently access the market through popular platforms such as MT4, MT5, WebTrader, or the HFM App.

This type of account guarantees a smooth trading experience. It allows retail traders to participate in financial markets while benefiting from advantageous trading conditions and the freedom to choose their preferred platform for trading.

HF Markets HFcopy Account

HFM HFcopy account is the social trading account for Strategy Providers and Followers offered by the firm. Strategy Providers may create an HFcopy Account to grow their community of Followers in return for a Performance Fee of up to 50%.  By creating an HFcopy account, followers can deposit cash and begin duplicating the moves of more experienced traders.  Moreover, the spreads begin at 1.0 pips for main pairings, there are no trading fees, and MT4 desktop, online terminal, and mobile versions are available for trading forex, indices, and gold.

HF Markets Zero Spread Account

The HFM Zero Account is a ground-breaking trading solution revolutionizing the foreign exchange market. This exceptional account presents impressive features, including no minimum opening deposit requirement and leverage options up to 1:2000.

It offers traders accessibility, cost-effectiveness, and swap-free capabilities to meet their diverse needs.

One remarkable aspect of the Zero Account is its provision of RAW Super-Tight Spreads from top liquidity providers. These spreads are transparent with no hidden markups, ensuring fairness and competitiveness in every trade.

Furthermore, this account allows traders to benefit from incredibly low commissions starting at just $0.03 per 1k lot, which enhances its cost-efficiency.

HF Markets Demo Account

The HFM Demo Account is designed to simulate real trading environments, ensuring accuracy in replicating market conditions. Traders can confidently enter the market after gaining valuable experience through this demo account.

Some of the features of the HFM Demo Account include the following:

• ✅ Starting with a virtual opening balance of up to $100,000.
• ✅ Trading in an environment that mirrors actual market dynamics.
• ✅ Experimenting with different strategies without risking real funds.
• ✅ Unlimited usage for practice on the demo account.

Access to industry-leading platforms like MT4 and MT5 Terminals and WebTrader for flexibility and convenience.

HF Markets Islamic Account

HFM is dedicated to meeting customers’ various needs and expanding its products. Muslim traders can sign up for a standard HFM account and contact HFM customer support to convert it into a Swap-Free Islamic Account.

This guarantees that Muslim traders can engage in activities consistent with their religious beliefs and values.

Through offering the Islamic Account, HFM aims to establish an all-encompassing trading environment where individuals from diverse backgrounds can participate without compromising their faiths.

Moreover, this account’s free-of-swap feature adheres strictly to Sharia law principles by eliminating interest-based transactions. Muslim traders who opt for HFM’s Islamic Option on the Micro and Premium Accounts are eligible for rebates of up to $6 per lot on Gold trades.

HF Markets Professional Account

HFM does not have a dedicated Professional Account. However, the Premium Account has advanced features for experienced traders.

HF Markets PAMM/MAM Accounts

HFM provides PAMM accounts to money managers that open a live trading account with HF Markets (SV) Ltd. HF Markets SA (PTY) Ltd, licensed by South Africa’s FSA and trading as HFM, does not provide PAMM accounts at this time.

The HFM PAMM accounts let investors place a portion of their cash with seasoned PAMM Fund Managers who trade on their behalf. In addition, the PAMM Managers get a pre-agreed “Success Fee” when their investors profit.  As a money manager, customers can create a Premium or Premium Plus HFM PAMM account, both of which are exclusive to the MT4 trading platform.

The PAMM Premium account features a spread beginning at 1.1 pips (Premium Plus has spreads beginning at 0.3 pips) and no trading fees (Premium Plus has a $5.00 per 100,000 USD traded trading charge).  Moreover, both PAMM packages permit investments in Forex, oil, metals, and indices with a maximum 300:1 leverage ratio.

The HFM PAMM accounts provide the Manager access to a big cash pool and enable inexperienced traders to profit on Forex and similar markets without having to trade themselves.

What types of accounts are eligible for HFM rebates?

Micro, Premium, and Zero Spread Accounts are eligible for HFM rebates.

For how long is HFM’s demo account valid?

HFM’s demo account does not expire, and you have unlimited access.

How to open an Account with HFM

To register for an account with HFM, follow these steps:

• ✅ Visit the official HFM website and select the option to register from the homepage.
• ✅ Complete the online application form, providing your full name, phone number, email address, and birthdate. You will also have the option to choose USD, NGN, or ZAR as the base currency for your account.
• ✅ Upon completing the application process, you will gain access to the MyHF dashboard, which serves as the administrative center for a demo, live, and other accounts.
• ✅ From the available account options, select the type of account you wish to open and upload the required Know Your Customer (KYC) documents through the MyHF portal.
• ✅ As a retail trader, HFM requires at least two documents, including proof of identity and residence.
• ✅ You can submit your documents either through the MyHF section or by scanning them and emailing them to the Back Office email address on the HFM website.
• ✅ Once you have completed these steps, you will be required to complete a brief questionnaire to enable HFM to evaluate your financial standing and trading expertise.

Finally, you will be prompted to make the minimum deposit required for your selected account using one of the available options.

HFM Trading Platforms

HFM offers traders a choice between these trading platforms:

• ✅ MetaTrader 4
• ✅ MetaTrader 5
• ✅ HF App

HFM MetaTrader 4

The standard version of MT4 provided by HFM has 24 graphical elements and 30 built-in indicators.

However, it also provides Premium Trader tools to customers who deposit above $200. These tools integrate directly into the MT4 platform and enhance its capabilities.

HFM MetaTrader 5

MT5, the successor to its predecessor, MT4, is also offered at HFM. Regarding backtesting features for automated trading algorithms, MT5 is widely regarded as a more robust and speedier trading platform.

Traders also favor MT5 because of its market depth display, different technical indicators (38 vs. 30 on MT4), and analytical tools.

HFM App

In addition to facilitating the transfer, withdrawal, and cash deposit, the HFM App includes an integrated economic calendar.

Traders get access to HFM’s teaching resources (including enrolling for webinars at the beginning, intermediate, and expert levels) and news, depending on their preferred instruments.

Can I use HFM’s MetaTrader 4 to trade exotic forex pairs?

Yes, you can trade exotic forex pairs with HFM on MetaTrader 4.

Can I earn cryptocurrency rebates with HFM?

No, HFM does not pay rebates on crypto CFDs.

Which Markets Can You Trade with HFM

Traders can expect the following range of markets from HFM:

• ✅ Forex
• ✅ Precious Metals
• ✅ Energies
• ✅ Spot Indices
• ✅ Futures Indices
• ✅ Individual Stocks and Stock CFDs
• ✅ Commodities
• ✅ Cryptocurrencies
• ✅ Bonds
• ✅ DMA Stocks
• ✅ ETFs

Financial Instruments and Leverage offered by HFM

Which energies can I trade with HFM?

You can trade UK and US oil as futures or on-the-spot markets.

What rebates can I earn on Gold/USD with HFM?

You can earn up to $6 per lot on gold using the Premium and Micro Accounts with HFM. The Swap-Free options on these accounts are also eligible for this rebate rate.

HFM Trading and Non-Trading Fees

HFM Spreads

HFM’s pricing and transaction expenses are comparable to those of other market participants. On the Micro, Premium, and HFcopy accounts, the opening spread for the most popular cross, EUR/USD, is 1 pip, commission-free.

On the Zero Spread Account, however, traders can access zero-pip spreads on popular instruments. Other typical spreads that traders can expect are as follows:

HFM Commissions

HFM’s commissions are transparent and low compared to other forex and CFD brokers. For major currency pairs, traders could expect to pay $3; for other financial items, they should budget $4.

HFM Overnight Fees, Rollovers, or Swaps

Some typical overnight fees that traders can expect are as follows:

HFM applies overnight fees and swaps to various trading instruments based on prevailing market conditions and rates provided by price suppliers. For Ivory Coast traders, here is an overview of the overnight fees applicable to different asset classes:

Individual Stocks:

• ✅ Daily swaps are adjusted per market conditions and rates obtained from price suppliers.
• ✅ All positions are subject to these swaps, with triple swaps specifically applied on Wednesdays.

Precious Metals (XAU and XAG):

• ✅ Swaps for XAU and XAG are updated daily in response to market changes and rates provided by ✅ price suppliers.
• ✅ Traders should take note that triple swaps are applied on Wednesdays.
• ✅ Swaps for XAU and XAG are denoted as 1 pip per lot.

Energy:

• ✅ Energy swaps are subject to daily adjustments based on market conditions and prices obtained from price providers.
• ✅ Traders face triple swaps on Wednesdays.
• ✅ The swaps for USOil and UKOil are specified in US Dollar values, and traders should know this information.

Other Instruments (Indices, Bonds, DMA Stocks, ETFs, Cryptocurrencies):

• ✅ Swap rates for these instruments are modified daily based on market circumstances and rates obtained from price providers.
• ✅ All positions are subject to these swaps, with quadruple swaps specifically applied on Fridays.

HFM Deposit and Withdrawal Fees

HFM ensures that all deposit and withdrawal methods offered are entirely devoid of any charges. Nonetheless, it is vital to note that deposits exceeding $100 will not be subjected to bank wire transfer fees.

Traders must consider that making deposits through bank wire transfers below 100 USD will result in additional fees being applied.

HFM Inactivity Fees

If your live trading account has been dormant for six months or longer, you will be charged an extra $5 per month until your balance is zero or you delete your account.

HFM Currency Conversion Fees

Currency conversion fees could apply when traders deposit or withdraw in a currency other than what they set as their account-based currency.

Will HFM’s rebates increase my spreads?

No, if you participate in HFM’s rebates, your spreads will not increase.

Can I use my HFM rebates to offset trading expenses?

Yes, HFM rebates can be used to offset trading expenses.

HFM Deposits and Withdrawals

HFM offers the following deposit and withdrawal methods:

• ✅ Bank Wire Transfer
• ✅ Electronic Transfer
• ✅ Credit Card
• ✅ Debit Card
• ✅ Skrill

How to Deposit Funds with HFM

To deposit funds to an account with HFM, traders can follow these steps:

• ✅ The “Deposit Funds” option can be found on the dashboard after you log in to your MyHF account.
• ✅ Deposits can be made using various methods, including bank transfers, credit/debit cards, and e-wallets like PayPal and Skrill.
• ✅ Provide the deposit amount and other pertinent information, such as your bank account or card number.
• ✅ Verify the deposit information, including fees and currency rates, to ensure everything is correct.
• ✅ Send in your deposit slip and wait for the money to arrive. Depending on the deposit method and the financial institution’s or service provider’s processing periods, the time it takes for the cash to become accessible in your account may vary.
• ✅ You will be notified when the deposit has been made successfully.

Note that HFM may impose restrictions on the amount of money you deposit into your account at once or at any given time, as well as verification standards for the origin of your cash.  You must also have all the paperwork and details to complete the deposit process effectively.

HFM Fund Withdrawal Process

To withdraw funds from an account with HFM, traders can follow these steps:

• ✅ Select “Withdraw Funds” from the dashboard after logging into your MyHF account.
• ✅ Choose a withdrawal method from the available choices, which could include bank transfer, credit or debit card, or e-wallet alternatives such as PayPal or Skrill.
• ✅ Input the amount you intend to withdraw and any relevant information, such as your bank account or card number.
• ✅ Review and confirm the withdrawal information, including any applicable fees and currency rates, before initiating the withdrawal.
• ✅ Submit the withdrawal request and wait for the monies to be transferred. The time it takes for the cash to become accessible depends on the withdrawal method selected and any processing delays needed by the financial institution or service provider.

Once the withdrawal has been completed successfully, you will get a confirmation message.

Which payment methods can I use to withdraw my HFM rebates?

You can withdraw rebates using credit/debit cards, Skrill, electronic, and bank wire transfers.

Can I deposit and withdraw using the HF App?

Yes, the HF App for iOS and Android allows you to manage your funds from the app.

Calculating Forex Trading Rebates with HFM

HFM calculates affiliate rebates based on the incentive structure granted to affiliates for the trading actions of their recommended customers.  The recommended customers’ trading volume and the financial products traded normally decide the rebates.

Let us go through how the calculations work:

• ✅ Forex transactions: Affiliates get a portion of the pip value created by their recommended customers on Forex transactions. The pip value indicates the change in the exchange rate between two currencies. Affiliates earn a portion of the pip value equal to 60%.
• ✅ Calculation: Forex Trade Rebate = 60% of Pip Value x Total Pips x Trade Volume

• ✅ Gold Trades: Affiliates get a rebate of $6 for each standard lot traded in the Gold market by their recommended customers.
• ✅ Calculation: Gold trade rebate = commission per lot x total lots traded

• ✅ Indices, Oil, Commodities, and US Share Trades: Affiliates receive a set fee of $1 for each lot traded by their recommended customers in these instruments.
• ✅ Calculation: Commission per lot x Total Lots Traded = Rebate for Indices, Oil, Commodities, and US Share Trades

We provide three examples below to understand further how HFM calculates affiliate rebates. These examples show how HFM determines affiliate rebates for various traders depending on their trading behavior.

Affiliates receive commissions depending on the unique commission structure for each financial instrument and account type, allowing them to make extra money when their recommended customers trade on the HFM platform.

Example 1: Barbara Haney

• ☑️ Account Type: Premium Account
• ☑️ Trading Instrument: Forex (EUR/USD)
• ☑️ Trade Volume: 15 standard lots
• ☑️ Total Pips Earned: 100 pips

Calculation:

• ☑️ Rebate for Forex Trades = 60% of Pip Value x Total Pips x Trade Volume
• ☑️ Rebate = 60% x (Pip Value) x 100 x 15

Example 2: Thalia Moses

• ✅ Account Type: Zero-spreads Account
• ✅ Trading Instrument: Gold (XAU/USD)
• ✅ Trade Volume: 8 standard lots

Calculation:

• ✅ Rebate for Gold Trades = Commission per Lot x Total Lots Traded
• ✅ Rebate = $6 x 8

Example 3: Tyrone Harrison

• ☑️ Account Type: Micro Account
• ☑️ Trading Instrument: US Share (Apple Inc., AAPL)
• ☑️ Trade Volume: 25 micro lots

Calculation:

• ☑️ Rebate for US Share Trades = Commission per Lot x Total Lots Traded
• ☑️ Rebate = $1 x 25

Claiming and Withdrawing Forex Rebates at HFM

HFM offers a streamlined and automated system for claiming and withdrawing Forex rebates, ensuring traders have a hassle-free experience.

Automatic Rebate System

Upon request, HFM provides an Automatic Rebate System, which streamlines the procedure for affiliates to collect their rebates or commissions automatically. This technology reduces manual processing and guarantees that affiliate traders get paid on schedule.

Weekly Pay-outs and Complete Transparency

Affiliate commissions are paid every Wednesday, enabling traders to access their gains as soon as they are earned.

HFM’s affiliate program is completely transparent, with thorough information on recommended customers’ trading actions, commissions collected, and other pertinent data, building trust and confidence among affiliates.

Monitoring Through MT4 Reports

HFM provides MT4 (MetaTrader 4) reports to help affiliates better manage the trading actions of their recommended customers. These reports provide detailed insights into client trading activity, positions, and performance, allowing affiliates to make educated choices to optimize their revenues.

HFM Education and Research

HFM Education

HFM offers the following Educational Materials:

• ☑️ HFM Educational Videos
• ☑️ Training Course Videos
• ☑️ Forex Education
• ☑️ eCourses
• ☑️ Live Webinars
• ☑️ Events
• ☑️ Podcasts

HFM Research

HFM offers traders the following Research and Trading Tools:

• ☑️ HF App
• ☑️ VPS Hosting Services
• ☑️ Premium Trader Tools
• ☑️ AutoChartist Tools
• ☑️ Trading Calculators
• ☑️ myClient Area
• ☑️ Advanced Insights
• ☑️ Economic Calendar
• ☑️ Traders’ Board
• ☑️ Auto Trading through MQL5
• ☑️ Forex News presented by FXstreet
• ☑️ One-Click Trading
• ☑️ Events
• ☑️ HFM Exclusive Analysis

HFM Bonuses and Current Promotions

HFM offers traders the following bonuses and promotions:

• ✅ Free Funding
• ✅ Loyalty Program
• ✅ 50% Welcome Bonus for Micro Accounts
• ✅ 100% Supercharged Bonus applied to a range of accounts
• ✅ 30% Rescue Bonus
• ✅ 100% Credit Bonus

Finally, Contests including Traders Awards, HFM Gadget Giveaways, Demo Contests, Trading Contests, Currency Wars Contests, etc. are made available.

Legal and Tax Implications: Understanding Forex Trading Rebates with HFM

Forex trading rebates may have different legal and tax implications depending on your jurisdiction. Here are some fundamental considerations:

• ✅ Gross Income: In some countries, forex trading rebates are regarded as income and subject to income tax. It is essential to report this income on your tax returns accurately.
• ✅ Allowable Tax Deductions: In certain circumstances, you might be allowed to deduct your trading costs, including the portion of the spread that is not rebated, from your taxable income. This can reduce your total tax burden.
• ✅ Legal Regulations: Some jurisdictions have specific rebate regulations for forex trading. For instance, they might require brokers to disclose certain information about their rebate programs or limit the categories of rebates that brokers can offer.

Reporting Standards. Depending on the amount of your rebates and your jurisdiction, you might be required to file a report. For instance, you could be required to report significant transactions to the appropriate authorities.

Risks and Limitations of Forex Trading Rebates at HFM

While forex trading rebates can reduce your trading costs and increase your profitability, they are not without their risks and restrictions:

• ✅ The possibility of receiving rebates could incentivize some traders to trade more frequently than they would otherwise. This can increase the risk of loss, particularly if the transactions are not part of a well-planned trading strategy.
• ✅ While rebates can reduce your trading costs, they do not eliminate them. The portion of the spread or commission that is not rebated must still be paid. In addition, other trading expenses, such as overnight fees, are not covered by rebates.
• ✅ Some rebate programs may be subject to restrictions or requirements. For instance, you may be required to trade a certain volume to qualify for rebates, or they only offer rebates on a limited number of trading instruments.
• ✅ There could be delays in the payment of rebates, particularly if the broker must first obtain the spread or commission from the liquidity provider. This can have repercussions for your cash flow and trading strategy.

The solvency of the broker represents an additional risk. If the broker ceases operations, you will forfeit any rebates that have not yet been paid out.

Strategies to Maximize Rebates with HFM

To maximize rebates with HFM (HotForex Master), traders must implement strategic trading strategies and thoroughly comprehend the rebate program. Here are some unique strategies to consider:

• ✅ If the rebate program depends on trading volume, you should consider using high-volume trading strategies to maximize your rebates. Such methods include arbitrage and day trading. Remember that these strategies involve higher levels of risk and require a thorough comprehension of market dynamics.
• ✅ Since rebates are typically earned per trade, trading more frequently can result in higher rebate earnings. However, trading prudently and avoiding overtrading solely to maximize rebates is essential. Overtrading can lead to rash judgments and an increase in risk. Maintain a balance between routine business transactions and prudent decision-making.
• ✅ Keep abreast of any alterations or updates to the HFM rebate program. Awareness of changes enables you to adapt your trading strategy accordingly, maximizing your savings potential.
• ✅ Begin by comprehending HFM’s rebate program in its entirety. Familiarize yourself with the rebate rate, the frequency of payments, and any special conditions or requirements. With this knowledge, you can calculate potential savings and strategize your transactions accordingly.

Although rebates help to reduce trading expenses, it is essential to consider the full scope of your trading costs. Consider margins, commissions, and other associated costs. Choosing a broker with competitive trading conditions, such as HFM, can enhance your overall trading experience.  Maintain a close watch on the progress of your rebates.

Regularly monitoring your rebate earnings enables you to evaluate your savings and alter your trading strategy to maximize your rebate potential.  Examine the possibility of reinvesting rebates earned back into your trading activities. Doing so can increase your trading capital, resulting in greater long-term profits.

How to open an Affiliate Account with HFM

To register an Affiliate Account with HFM, traders can follow these steps:

• ☑️ Choose the “Affiliate” option on the homepage of the official HFM website.
• ☑️ Click the “Register” button to start the registration procedure.
• ☑️ Fill out the online application form with your complete name, phone number, email address, and any other relevant information.
• ☑️ Review and accept the terms and conditions for affiliates.
• ☑️ Apply and await HFM’s evaluation and approval.

After your application is accepted, you will get a confirmation email with further information on accessing and using your affiliate account.  You will be able to advertise HFM’s products and services as an affiliate and earn rewards on any referrals or sales that arise.

Therefore, it is essential to research and comprehend the affiliate program’s terms and conditions, including any restrictions and criteria for advertising HFM’s products and services.

HFM Affiliate Program Features

HFM, a multiple-award-winning broker, is well-known for its openness, honesty, and supply of services at the forefront of its company for traders and affiliates.

Signing up for the distinguished affiliate network, HF Affiliates, is encouraged from all corners of the globe. HFM provides extensive incentive programs and a multi-tiered affiliate monitoring system to guarantee the longevity of its affiliates.  Affiliates who enroll in the HF Affiliate program are entitled to receive complete marketing support and promotional materials and rapid, on-demand assistance from a department dedicated to aiding affiliates.

The HFM affiliate program features may vary, but affiliates may typically expect to get the following advantages and assistance:

• ✅ Affiliates earn commissions on any referrals or sales generated by their marketing of HFM’s goods and services. The commission structure may change based on the affiliate program’s unique terms.
• ✅ HFM might give affiliates access to marketing resources such as banners, links, and other promotional tools to assist them in promoting HFM’s goods and services efficiently.
• ✅ HFM could give affiliates monitoring and reporting tools to monitor their performance and profits.
• ✅ Affiliates could have access to customer support services, such as a dedicated affiliate manager or support staff, to assist them with any inquiries or concerns.

Training and education. HFM might provide affiliates with training and educational tools to enhance their knowledge and abilities and promote HFM’s goods and services more effectively.

HFM Corporate Social Responsibility

The HFM Group was founded with the belief that it is their moral responsibility to assist those facing challenges. Accordingly, the management and staff of the HFM Group of Companies have a long history of engaging in charitable efforts on an ongoing basis.

As a company that places a strong emphasis on corporate social responsibility, HFM has made significant contributions in the past, such as supporting the World Health Organization’s efforts to combat the COVID-19 pandemic.

In addition to working diligently worldwide, the HFM team played a crucial role in mitigating the impact of the pandemic on vulnerable regions through the coordination and leadership of operations.

HFM Alternatives

• 🥇 eToro is a social trading and investing website that enables users to buy and sell stocks, ETFs, and cryptocurrencies, among other financial products.

• 🥈 Robinhood is a commission-free online broker that provides a mobile application for buying and selling stocks, options, and ETFs.

• 🥉 TradeStation is a brokerage and trading platform that provides active traders with various products and services, including stocks, options, futures, and currency.

HFM VPS Review

HFM is devoted to continuous innovation, delivering exceptional services, and improving the trading experience.

Staying true to their word, HFM partnered with one of the leading providers to offer access to great free VPS hosting, making it simple to pick a plan that fits your trading needs. In addition, Beeks Financial Cloud is present in nine foreign data centers to guarantee lightning-fast response times.

HFM’s primary objective is to deliver low-latency, rock-solid VPS and infrastructure solutions for clients’ trading platforms.

Free HFM VPS plans can be available, subject to certain deposit and trading conditions. Paid subscriptions start at $30 a month, depending on the plan, and sign-up is straightforward.

HFM Web Traffic Report

HFM Customer Support

There are a few ways you can contact HFM’s customer support team:

• ✅ Through the website: Look for a “Contact Us” or “Support” page on the HFM website, where you can often find a contact form or email address for communicating with the customer support staff.
• ✅ Check the HFM website for a phone number to contact the customer service staff.
• ✅ Via email: Find an email address on the HFM website or send a message to the customer support staff using the email address included in the account activation confirmation or welcome email.
• ✅ HFM’s website has a live chat option that lets you speak with customer service representatives in real time. Look for a “Live Chat” or “Chat” button on a website to launch a chat conversation.

HFM has an active presence on social media sites like Twitter, Facebook, and LinkedIn, where you can send a message or submit a query to the customer service staff.

Can I find HFM on Facebook?

Yes, HFM has an active presence across all social media platforms, including Facebook.

Does HFM offer support in Spanish?

Yes, HFM offers multilingual customer support, including Spanish.

HFM Pros and Cons

HFM vs. Other Notable Brokers

HFM Customer Reviews

🥇 Great Support.

HFM is a good broker that offers live chat. I can easily trade on the go with mobile platforms. Furthermore, deposits and withdrawals are quick. However, I have been with HFM for three months and found that the articles in the blog are very sparse. HFM should increase the number of articles. – Thandeka K

🥈 Best Broker.

I have been with HFM for years, and it is one of the best brokers. A benefit is that HFM has FCA regulation, which protects me as a trader. In addition, I can use Skrill to withdraw my profits quickly and easily, and the process only takes 2 days. I have never had issues with withdrawals, only when my ID expired. However, once I uploaded a picture of my new ID, my withdrawal was processed without delay. – TraderForexKing

🥉 Reliable and Honest.

I like this broker for its reliability and honesty. Everything is exactly as the fee schedules indicate, with zero pitfalls or exemptions to the rules. – Penny Carter 

Recommendation for Improving HFM Cashback Rebates

HFM can consider adding more flexible payment methods to its existing list, making it easier for traders to receive their rebates quickly. Furthermore:

• ✅ Dedicated Rebate Guides: Comprehensive guides explaining the rebate program’s terms and conditions, eligibility criteria, and how to maximize rebate earnings could be beneficial for traders.
• ✅ Rebate Calculators: These tools could help traders estimate their potential rebate earnings based on their trading volume and other factors.
• ✅ Expanded Eligibility: HFM could consider expanding the eligibility criteria for its rebate program to include more account types and residents of more countries.

Increased the Rebate Cap. Raising the maximum cumulative rebate that can be collected could make the program more attractive to high-volume traders.

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Our Verdict on HFM

Through the HFcopy account, HFM offers a comprehensive selection of trading accounts ideal for all types of traders and investors.

The HFM Zero Spread account stands out for its affordable trading expenses, particularly for the forex market, with an average spread of 0.1 pips for the EUR/USD pair, for instance, and a trading fee slightly below the industry average of $6 per traded lot (100,000 currency units).

The flexible trading environment provided by HFM, and investors’ high execution speeds allow for the lowest transaction costs. HFM customers can also engage in unrestricted hedging, scalping, using automated trading systems, and swing and position trading.

HF Markets Frequently Asked Questions

What are Forex Cashback Rebates?

Some forex brokers give cashback rebates to their consumers as a sort of marketing. Typically, rebates are provided as a proportion of the spreads or commissions a customer pays on their transactions.

For example, if a forex broker gives a cashback rebate of 50% on spreads, a customer who pays a $1 spread on a transaction would earn a cashback rebate of $0.50.

Does HFM offer Forex Cashback Rebates?

HFM offers cashback rebates of up to $4 depending on the financial instrument being traded and the trading account used.

How does the Forex Cashback Rebate process work?

Forex cashback rebates are an incentive given by certain brokers to reward traders for their transactions. The trader receives a portion of the spread or fee paid on each transaction as a rebate.

I’m an existing trader, how can I transfer my account to earn rebates via HFM?

You can choose a new broker that offers rebates, find a trustworthy rebates program, sign up with the program, register an account with your new broker, and request for your account and trades to be transferred.

How many traders with HFM use the Cashback Rebate feature?

It is currently unknown how many of HFM’s over 3.5 million clients participate in forex rebate programs.

What are the maximum rebates I could earn with HFM?

You can earn up to $4 per lot.

Will my HFM fees and spreads increase when I use the Cashback Rebate feature?

Your HFM fees and spreads will not increase after participating in HFM’s rebates program.

Why should I work through the SA Shares Cashback?

You can expect some of the highest commissions if you work through SA Shares to earn Cashback Rebates from HFM. This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as HFM to ensure you get the most back from your trading activities.

How quickly will I receive my sign-up bonus?

HFM does not offer a sign-up bonus.

How can I manage my trading risk when I sign up?

“You may refer to the General Risk Disclosure and you may use the Risk Percentage Calculator.”

Which trading strategy should I try as a beginner?

“HFM allows all the following strategies on all trading accounts, including demo: scalping, hedging, news trading, swing trading, and Expert Advisers. We are not able to advise in regard to which strategy you should use for your trading purposes. You may view the educational materials on our website.”

Do you provide compensation to eligible clients?

None.

What is your requote policy?

“Please refer to our Execution Policy.”

How do you protect client data and information?

“We have a Protection of Personal Information Policy.”

What execution speeds can I expect, and what is your execution policy?

“Please refer to our Execution Policy.”

How do you handle customer complaints?

“Depending on the nature of the complaint, we escalate it to the responsible department for further investigation. Also, once you register with us, you will be assigned an Account Manager who will be assisting you regarding any queries related to your myHF account.”

What is the recommended initial deposit?

“We, unfortunately, cannot advise you on the amount of your deposits. You may view and compare the account types we offer along with their minimum deposit amounts.”

What are forex trading rebates?

Forex trading rebates are a portion of the spread or commission that traders pay their broker that is returned to them, thereby reducing their trading expenses.

Who is eligible for HFM rebates?

All traders except those enrolled with the Seychelles HFM entity and residents of Portugal and France are eligible for HFM rebates.

What is the maximum rebate that can be collected from HFM?

HFM does not currently specify an overall maximum total. However, there are caps on the rebates that affiliates can earn with each account and asset class.

Are forex trading rebates taxable?

Yes, they could be. However, the taxability of forex trading rebates depends on your country’s tax laws, so it is best to consult a tax expert for accurate information.

Are there any limitations or restrictions on using forex trading rebates?

Yes, there are limitations and restrictions, such as minimum trading volumes and eligible trading instruments.

Are there any transactions that are ineligible for HFM rebates?

Yes, transactions involving incentive fund margins are ineligible for rebates.

How do forex trading rebates work with HFM?

With HFM, traders receive a rebate per traded lot that is credited back to their trading account, thereby reducing the total cost of the trade.

How can I track and monitor my forex trading rebates with HFM?

You can view rebates through your online client portal or the HF mobile app.

How much can I earn through forex trading rebates with HFM?

Affiliates can earn up to 60% of the pip value when clients trade Forex with HFM.

How can I maximize my earnings from HFM rebates?

You can maximize your rebate earnings by increasing your trading volume and choosing account types that offer higher rebate rates.

Are there any requirements to be eligible for forex trading rebates with HFM?

Yes, there are requirements. To be eligible, you must have an active HFM trading account, satisfy the trading volume requirements, and comply with any other HFM-specified terms and conditions.

How can I sign up for forex trading rebates with HFM?

Because HFM does not offer rebates directly to direct clients, traders can sign up for an account with an HFM affiliate to earn rebates.

Does HFM offer a rebate calculator?

No, HFM does not offer a rebate calculator.

Can I combine forex trading rebates with other promotions or bonuses offered by HFM?

HFM, like most other brokers, might not permit traders to combine incentive offers. This, however, is subject to change.

How are forex trading rebates credited to my account with HFM?

Forex trading rebates are typically credited directly to the HFM trading account.