HFTrading Review

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Follow along in this HFTrading review to find out every important detail about this forex broker. You’ll discover how we rate HFTrading, what its regulatory measures look like, and if it is suitable for your trading style.

HFTrading is a New Zealand-based financial service provider which is licensed and regulated by two top-tier authorities and boasts over a decade’s experience in the market. It offers over 300+ CFDs and the ability to trade via MetaTrader 4, one of the world’s leading forex trading platform. Our reviewers found it to be a great choice if you’re looking to diversify your portfolio, thanks to fair fees across all CFDs.

Read on to learn what other features make HFTrading stand out from the crowd and in which departments the broker could do better.

Trade with a secure and licensed broker

HFTrading was established in 2019, and it has headquarters at Level 13, 1 Albert Street, Auckland 1010, New Zealand. HFTrading accepts traders from both Australia and New Zealand, yet due to regulation, it does not extend its services to the US, Europe, or the UK.

To ensure that we only recommend legitimate financial service providers to our readers, our HFTrading review team checked HFTrading’s licenses thoroughly. HFTrading is the trading name of CTRL Investments Limited, which is regulated by:

  • The Australian Securities and Investments Commission (ASIC), under AFSL No. 414198)
  • The New Zealand Financial Markets Authority (FMA), under FSPR No. FSP197465

As both ASIC and the FMA of New Zealand are considered to be top-tier authorities, you can rest assured you are dealing with a credible and trustworthy broker.

Contact customer support at HFTrading

During our HFTrading review, we also tested the broker’s customer support services. We found that the agents were both informed and quick, and that support was available Monday to Friday, from 9 PM to 10 AM GMT. This left us confident that you’ll always find help when you need it.

You contact the support team at HFTrading via these methods:

  • Email support: [email protected]
  • Phone call: +61 391139456 (AU) or +64 48895407 (NZ)
  • Live chat

If you want the fastest response possible, we recommend choosing live chat or phone support as you can get through to an agent within seconds. If you want more detailed answers, however, then it’s worth waiting for an email reply.

Does HFTrading offer bonuses or promotions?

HFTrading does not offer deposit bonuses to new or existing clients. Instead, they offer favorable trading conditions to everyone, regardless of how much they deposit or trade. That said, you will be able to claim a swap-fee rebate bonus of 25 or 50% if you are a Gold or Platinum account holder.

Benefit from analytical trading tools on all devices

At HFTrading, you can choose from over 300 CFDs from various underlying assets.. This includes:

  • Forex
  • Cryptocurrencies
  • Shares
  • Indices
  • Commodities
  • Precious metals

Each of these asset classes includes dozens of individual instruments, which is a great opportunity to diversify your account. You can trade CFDs of non-correlated classes or ‘safe-havens’ such as gold. You won’t pay instrument-specific commissions either, and you’ll be able to benefit from a maximum leverage of 1:500.

Our HFTrading forex broker review team was also pleased to find that all of these CFDs can be traded using various versions of MetaTrader. In addition to the downloadable MT4 software, you can also trade with HFTrading via WebTrader or MT4 for mobile. These platforms offer 4 pending order types, a variety of trading signals and indicator, analytical objects and charting tools. They also support the use of automated robots.

Choose from three HFTrading account types

At HFTrading, you can choose from three different account types. Whilst the broker doesn’t offer an ECN account, you’ll find that spreads are competitive no matter which account you choose and the minimum deposit is always just $250.

Silver accounts offer leverage of up to 1:200 and spreads as low as 1.8 pips. Gold accounts offer minimum spreads of 1.8 pips, leverage of up to 1:400, and a 25% discount on swap fees. Finally, Platinum account holders can enjoy spreads from 1.8 pips, leverage of up to 1:500, and a 50% swap fee discount.

HFTrading also provides you with a free demo account. You can use this to practice trading or test strategies once you’re more experienced.

Funding your HFTrading account

If you review HFTrading’s depositing methods, you’re sure to find a payment method that’s both convenient and familiar. You can fund your account via Visa, MasterCard, Maestro, Skrill Neteller, VPay, and wire transfer. As for payment executions, HFTrading usually finalizes your deposits and withdrawals instantly with e-wallets, while credit cards might take a couple of days.

Our final HFTrading rating

After testing HFTrading throughout this review, we’re happy to report that it is a regulated and reputable forex broker that offers an optimized trading environment. By offering choice in all departments, HFTrading also ensures that traders of all skill levels feel comfortable and catered for.

If you’re a beginner trader, you’ll appreciate the user-friendly trading platforms. If you’re more experienced, we’re sure you’ll put the diverse range of CFDs and technical tools to good use.

Frequently Asked Questions (FAQs)

Is HFTrading trustworthy?

Yes, all of the details mentioned in our HFTrading review indicate that this is a trustworthy forex broker. First off, it features two comprehensive licenses from the ASIC and FMA of Australia and New Zealand, respectively. In addition to that, HFTrading has a transparent pricing structure and has gained popularity in the industry.

Who can trade with HFTrading?

HFTrading is available for traders within Australia and New Zealand. It does not offer services to clients from the United States, Canada, the UK, or Europe. Aside from geographical restrictions, however, there’s not much else standing in your way of trading with HFTrading. Our HFTrading review found that the minimum deposit is accessible at just $250, and the broker accommodates traders of all skill levels.

What fees does HFTrading charge?
In general, HFTrading is transparent with its fees in comparison to other brokers. For example, there are no instrument-specific commissions for you to pay nor will you be charged for account maintenance. This means the only fees you need to pay are spreads, swaps, and inactivity charges.

Does HFTrading offer a bonus?

No, due to regulatory restrictions, HFTrading does not offer you a bonus. Instead, the broker focuses on providing an optimized trading environment for all traders. This ensures that you aren’t pressured into depositing more than you feel comfortable with.

What account types does HFTrading have?

You can open one of three account types with HFTrading; Silver, Gold, or Platinum. All account types come with a minimum deposit amount of $250, yet some offer more benefits than others. There are also Islamic accounts available for Muslim traders, and a free demo account for you to practice your trading skills.