HFTrading Review: Is HFTrading Legit?
In this HFTrading review, we will introduce you to the brand and make an analysis of whether it is trusted and safer. HF Trading is an Australian brand that also operates in New Zealand. However, they don't have permission to operate in the USA and Europe.
HFTrading started the operation after acquiring MahiFX in 2019. It is a sister concern of CTRL investments limited. HF Trading is regulated by the Australian Securities and Investments Commission (ASIC) as well as the New Zealand Financial Markets Authority (NZFMA).
Who is Allowed to Trade on HTFrading?
At present, residents from Australia and New Zealand are only allowed to trade with HF Trading. So, if you are not a citizen or living in one of these two countries, you will have to find other brokers.
What Types of Accounts can you Open?
At HFTrading, you will get to choose from three types of account, Silver, Gold, and Platinum. However, you will have access to the 350 CFDs on any of these accounts. The significant difference between these three accounts is on spreads, leverage, and swap fees. However, accounts are assigned as per the investment abilities. Let's find out the top differences among these accounts.
Trading Platform Review of HFTrading
If you are quite familiar with the trading world, you are supposed to know MetaTrader 4 forex trading platforms, which is well recognized third party platform. However, they are not a broker; they just provide the platform service to the brokers. HFtrading took the license from MT4 to use as a platform. It has three different versions for the brokers as well for the traders.
MT4 Desktop Version
To get MetaTrader 4 on your PC, you must download the software. However, just downloading will not get you to use the software right away. You will need a stable internet connection to start trading. It is available for Windows and Mac operating systems where you can analyze the market through various signals, charts, and more the 50 customizable indicators.
Web-version is the mirror or desktop version. You will get all the features of the desktop version along with all the tools. No downloading is required to use the web version. However, you can use it from anywhere from any latest browser.
If you have a smartphone, MT4 mobile app will provide you an excellent opportunity to trade right from your mobile. MetaTrader 4 has a mobile app for iOS and Android operating systems, which you can download easily. However, you may not get all the features like desktop or web version. But, most of the features are available, including real time quotes, indicators, charts, notifications, etc.
HFTrading Review: Available Assets to Trade
A variation of assets would definitely enhance your trade experience, as they offer more than 750 assets through the 3 different accounts we have mentioned earlier. Following is some of the assets you can trade:
- Currency pairs: Forex trading is one of the best markets to earn some quick money; however, it has risks too. But the signals and analytical tools would ease your currency trading experience.
- Commodities: Different metals and commodities in HFTrading, such as silver, gold, corn or soybeans, etc., would give you a less risky trading experience.
- Energies: HF Trading provides all the tradable energies such as oil, natural gases. And, energies are a premium way to make money from trading.
- Shares: In HFTrading forex brokers list, they have shares from top companies such as apple, google, Netflix, which are safe in terms of risk.
- Digital Currencies: Also known as cryptocurrencies are the recent online trade that has great values. Digital currencies such as BTC, LTC, and ETH are on the rise. So, with the HFTrading, you can take the benefits of digital currencies.
How to Trade on HFTrading?
You need to open an account with HFTrading, and your account is subject to verification. Once you get verified in 48 hours, you have to deposit money, which is $250. Then log in to your account with ID and Password and select the product you want to trade. Next, place the order and follow the steps you will on the screen. However, we will suggest you take help from HFTrading educational platform.
Final Words on HFTrading Review
To find out if they are legit, our main focus was on to check out their regulatory status and find the feedback on trustable forex broker reviews forums and websites. Besides, take data from the HF Trading traders. After going through all these steps, we come to the conclusion of HFTrading review is that it is legit! And, you can trade without any hesitation as the two best regulatory bodies observe HfTrading's operation.
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