Uphononongo lwe-HFM/ Hotforex Broker kubarhwebi baseMzantsi Afrika (2024) 🔎

Overall, this HFM broker review found that Hotforex is an excellent and reliable choice for South African traders. It offers various features and services, competitive spreads, and a regulated environment.

In this blog post, we will take a closer look at HFM broker and provide a comprehensive review of its features and services. We will also discuss the pros and cons of using HFM broker, and help you decide if it is the right choice for you.

HFM Uphononongo lweBroker

HFM is an award-winning, high-regulated Forex, Indice, Stocks, and commodities global broker headquartered in the UK. The broker boasts of over 3,5 million accounts opened by happy clients and it has won over 25 industry awards.

🔎 Igama lomthengisi	HFM
⚖ Ummiselo	CySEC, FCA, DFSA, FSCA, FSA
📆 Unyaka wokusekwa	2010
💳 Ubuncinci bediphozithi	$5 USD/R70
💹 Iintlobo zee-asethi ezithengisiweyo	I-Forex, isinyithi, amandla, izabelo, i-Indices, iibhondi, i-Commodities, i-DMA Stocks, i-ETFs
🎁 iibhonasi	Ewe, kubandakanywa I-50 $ Akukho Idibansi yeBhonasi
🕹 Iakhawunti yedemo	✔Ewe
💲 Iimali ezisisiseko	USD, ZAR
💰 Iindlela zokuhlawula	Skrill, Neteller, Debit Card, Wire Transfer, Credit Card, fasapay, Vload
🧾 Iintlobo zeakhawunti	angamakhulu, Ipremiyamu, VIP, Zero Ukusasazeka, Obungatshintshiyo, iakhawunti yamaSilamsi
📈Ngaba iiakhawunti ezininzi ziyaxhaswa	✔Ewe
📊 Ngaba iPAMM kunye neKhopisha umrhwebi uyaxhaswa?	✔ Ewe

HFM Broker Review: Account Types

🔎 iakhawunti	📈 Cent iakhawunti	💹 Iakhawunti yePrimiyamu	⏬ Iakhawunti ye-HFcopy	📊 Zero yeAkhawunti yokuSasaza	📊 Iakhawunti ye-Pro
💳 IComposit	$5/R70	$100/R1400	$300 (USD only)	$200/R2800	$100
️‍♀️ Leverages	1:1000	1:500	1:400	1:500	1:2000
💲 ixesha ukusasazeka	Ukusuka kwi-1 pip	Ukusuka kwi-1 pip	Ukusuka kwi-1 pip	Ukusuka kwi-0.0 pips	Ukusuka kwi-0.0 pips
🏧 iikhomishini	Hayi	Hayi	Hayi	Ewe	Ewe
🧾 Umyalelo Wokubulawa	enze Market	enze Market	enze Market	enze Market	enze Market
♻ Tshintsha- Mahala	✔Ewe	✔Ewe	✔Ewe	✔Ewe	✔ Ewe
🚀 Vula iAkhawunti	???? Cofa apha	???? Cofa apha	???? Cofa apha	???? Cofa apha	???? Cofa apha

Iakhawunti ye-HFM Cent

The HFM Cent account is an excellent choice for novice traders who want to put their trading skills to the test and learn the dynamics of the real market – all while not investing too much of their trading funds. The minimum deposit is $0 and the leverage is up to 1:2000.

HFM Premium Akhawunti

The Premium account requires a minimum deposit of $100 R1400 and offers a maximum leverage of 1:500. If you have a little more experience under your belt, then the Premium account is a better option for you. With the Premium account, you can open larger positions and benefit from tighter spreads.

Iakhawunti ye-HFM yeZero yokuSasaza

The Zero Spread account is designed for traders who prefer to trade with no spreads. It requires no minimum deposit and offers a maximum leverage of 1:2000. The Zero Spread account charges a commission that starts as low as $0.03 per 1K lot.

Iakhawunti yekopi yeHFM

The HFM Copy Account allows traders (followers) to automatically copy the trades of other successful traders (strategy providers, SPs). SPs can open an HFcopy Account to build their inventory of Followers and trade in exchange for a Performance Fee as high as 50%.

 The minimum deposit is 300 USD for SPs and 100 USD for Followers, and accounts are only denominated in USD. Spreads start from 1 pip.

Iakhawunti ye-HFM Pro

HFM Broker offers a Pro account for traders who want to take advantage of advanced trading features and lower trading costs. The Iakhawunti ye-HFM Pro has ultra-low spreads, leverage up to 1:2000 and no commissions.

It is developed to suit the needs of a more experienced trader who wants to take their trading to the next level. The minimum deposit in ZAR is R1400 ($100) and the account allows you to trade all assets offered by HFM.

How To Open A HFM Real Account: Step-By-Step Guide

Inyathelo 1: Ndwendwela i-HFM (eyayifudula iHotforex) iphepha lokubhalisa iakhawunti.

Cofa apha ukuya kwiwebhusayithi yeHFM ukwenza iakhawunti yokwenyani. Uya kubona iphepha elifana neli lingezantsi

Inyathelo 2: Gcwalisa iinkcukacha zakho:

Enter your personal information, such as your name, email address, phone number, and country of residence. You should also choose your base currency.

This is the currency you will use to deposit, trade and withdraw. We recommend selecting the ZAR as the base currency for South African forex traders to avoid currency conversion costs.

Inyathelo 3: Verify your email and upload verification documents.

Click the link in your emails and then provide your verification documents. These can be uploaded directly on the ‘myHF’ platform, or sent by email. The document verification process should be completed within 48 hours. You need to Qinisekisa your account before you can choose your trading platform

Inyathelo 4: Khetha iqonga lakho lokurhweba

After your documents are verified proceed to choose your preferred trading platform (MT4, MT5, Webtrader etc) and download it. Log in to your HFM (Hotforex) account and deposit and start trading.

How To Open A HFM (Hotforex) Demo Trading Account

The HFM Demo Account has been designed to closely simulate a real trading environment based on actual market conditions. It takes less than 3 minutes to open a Hotforex demo account.

Click here to go to the HFM demo account registration page. Uya kubona iphepha elifana neli lingezantsi.

Fill in your personal details and accept the privacy policy. Your demo account will be created & you will get your login credentials like the picture below.

An email with the same credentials will be sent to you for future reference. You will need to use these credentials to log in to your HFM demo account.

You can use this demo account to participate in demo contests. Ungazama i Ukhuphiswano lwedemo yeHFM and stand a chance to win $2000 without depositing your own money!

How To Do Hotforex Login South Africa (HFM Login)

This Hotforex review found that it is easy to log in to your HFM broker account. Simply follow the steps below.

1. Vula ukhetho lwakho iqonga lokurhweba umz. WebTrader, MT4, MT5, Mobile app, njl.
2. Cofa kwi Useto> Ilog kwiakhawunti entsha
3. Ngenisa i-ID yakho yokungena, igama lokugqitha, kunye neseva. Ezi ziziqinisekiso ozifumeneyo xa wawuvula i-akhawunti yedemo ye-HFM okanye ye-HFM. Emva koko uya kufakwa kwiakhawunti yakho.

Which are the servers for Hotforex South Africa?

Clients under HF Markets in South Africa use the following servers to do Hotforex login.

1. HFMarketsSA-Live Server
2. HFMarketsSA-Live Server 3
3. HFMarketsSA-Demo Server

Uphononongo lwe-Broker ye-HFM: Iintlawulo zoRhwebo (Iindleko zoRhwebo)

Olu hlaziyo lwe-Hotforex lufumene ukuba umthengisi uneendleko zokurhweba ezikhuphisana kakhulu, kunye neendleko eziphantsi ezingarhwebi.

HFM TRADING FEES*
UHLOBO LWEMALI	COST
Ubuncinci bobungakanani boMyalelo (amaqashiso ngokorhwebo)	0.01
I-Avareji ye-Avareji USDEUR (iipips)	1
Ikomishini (%)	0
IKhomishini yeeAkhawunti zamaSilamsi (%)	0

HFM Non-Trading Fees

Hotforex NON TRADING FEES
UHLOBO LWEMALI	HAYI OKANYE EWE
Umrhumo wokungasebenzi	Y
Intlawulo yedipozithi	N
Intlawulo yokurhoxa	N

During our HFM forex broker review, we found that this broker charges rollover fees, and these differ based on the instrument.

For all assets other than forex, gold, and cryptocurrencies, the rollover includes an internal interest fee. This is in addition to the rollover fee charged by the parties the broker works with for that particular security.

For forex, gold, and cryptocurrencies, an additional fee is included that considers an internal risk assessment.

Uphononongo lwe-Broker ye-HFM: Idiphozithi kunye noKhetho lokurhoxisa

This HFM forex broker review found that Hotforex offers a wide range of payment options for South African traders, including all major credit and debit cards, wire transfers, Skrill, Neteller, and Bitcoin.

These methods can all be used for both deposits and withdrawals.

HFM offers free online bank funding for clients who have online bank accounts with major South African banks.  This includes African Bank, Bidvest Bank, Capitec Bank, FNB, Investec, Nedbank, Standard Bank, and TymeBank.

This is a much faster method of depositing and withdrawing funds than a standard bank wire, with deposits reflecting almost instantly and withdrawals received within 2 business days.

You can also use Ozow as a payment method on HFM in South Africa.

Ndiyikhupha njani imali kwi-HFM?

This HFM broker review found that withdrawing from HFM in South Africa is easy and fast. Simply access your indawo ye-myHF (Hotforex client area) and submit a Fund Withdrawal request.

Inkqubo yokurhoxa kweHFM yeBroker inyathelo ngenyathelo

1. Fikelela eyakho myHF page and Hotforex client area
2. Khetha 'Ukurhoxiswa kweNgxowa-mali'
3. Khetha indlela efanelekileyo yokurhoxisa kunye nemali
4. Qinisekisa idatha eyimfuneko kunye nexesha lokucubungula / umrhumo
5. Ngenisa

How long does it take to withdraw money from HFM broker?

Our in-depth Hotforex broker review found that various payment methods are processed in slightly different timeframes on HFM forex. The HFM accounting team confirms transactions quite quickly during business hours. The withdrawal might take longer due to payment providers.

Ukudluliselwa kwe-Wire kuya kuthatha iintsuku ze-2-10 zokusebenza, kwakhona kuxhomekeke kwibhanki yakho kunye nokulungiswa komgaqo-nkqubo wamazwe ngamazwe, ngelixa i-e-wallets iya kulayisha isicelo Ngoko nangoko.

Withdrawals also start at as little as $5 R40 per transaction. Withdrawals that are submitted before 10:00 a.m. server time are processed on the same business day between 7:00 a.m. and 5:00 p.m. server time.

Trading Instruments Offered By HFM

Our HFM broker review team found that there is a healthy variety of trading instruments offered by Hotforex. From currency pairs and shares to commodities and cryptocurrencies, you’ll find a good list of options.

HFM TRADING ASSETS
Isixhobo	NUMBER
Forex	49
Isinyithi kunye namandla	5
Indice	11
izabelo	56
commodities	7
Cryptocurrencies	7
bond	3

HFM forex does not offer urhwebo lwezalathisi zokwenziwa kwaye binary options trading.

HFM Broker Review: Trading Bonuses

Our review of HFmartkers showed that the broker is currently offering two bonuses for South African traders. These are the 10% top-up bonus and the $50 No Deposit welcome bonus.

HF Markets Trading Platforms

HFM (formerly Hotforex South Africa) offers a number of trading platforms.

1. MetaTrader 4 (MT4) MT4 is one of the most popular trading platforms in the forex industry, and HF Markets offers it to its clients. MT4 is known for its user-friendly interface, advanced charting tools, and customizable indicators. It also supports automated trading through Expert Advisors (EAs) and offers a wide range of order types.
   
2. I-MetaTrader 5 (MT5) MT5 is the successor to MT4 and offers even more advanced features and tools. It offers a wider range of order types, including market, limit, stop, and trailing stop orders. It also supports hedging and netting, and offers more advanced charting tools and indicators.
   
3. IHotForex WebTrader HotForex WebTrader is a web-based trading platform that allows traders to access their accounts from any web browser. It offers a user-friendly interface, advanced charting tools, and a range of order types. It also supports one-click trading and offers real-time news and analysis.
   
4. HotForex Mobile App HFM Mobile app is a mobile trading platform that allows traders to access their accounts from their smartphones or tablets. It offers a user-friendly interface, advanced charting tools, and a range of order types. It also supports one-click trading and offers real-time news and analysis.
   

Uphononongo lwe-Broker yeeMarike ze-HF: Imfundo

During our HFM broker we found out that Hotofrex offers a range of educational resources for traders who want to improve their knowledge and skills in the forex market.

HFM forex Broker's Learning Center has a wide range of educational resources, including video tutorials, webinars, eBooks, and articles. Traders can access these resources on demand and for free.

Additionally, HFM forex Broker provides access to a variety of market analysis tools, including live news feeds and economic calendars. These resources can help traders stay up-to-date with market trends, understand market events, and make informed trading decisions.

Uphononongo lwe-Broker ye-HFM: Inkxaso yoMthengi

HF Markets offers customer support through various channels, including phone, email, live chat (24/5), and social media. 

Hotforex South Africa staff respond quickly and are very helpful and knowledgeable. They provide support in the following languages, English, Japanese, Vietnamese, Chinese, Arabic & Hindi

Toll-free local phone numbers available in South Africa and local email addresses give clients direct free access to quality customer service in their language. 

This makes HF Markets one of the best brokers eMzantsi Afrika

Uphononongo lwe-Broker ye-HFM: Ummiselo

 HFM (formerly known as HotForex South Africa) is the unified global brand name of HF Markets Group. Entities within the group are regulated by the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Dubai Financial Services Authority (DFSA), the Financial Sector Conduct Authority of South Africa (FSCA), and the Financial Services Authority of Seychelles.  See below for HFM-listed companies:

• I-HF Markets SA (PTY) Ltd – igunyaziswe yiFSCA (eMzantsi Afrika) inombolo yobhaliso. 46632
• I-HF Markets (iYurophu) Ltd - igunyaziswe yi-CySEC (Cyprus) inombolo yokubhalisa. 183 / 12.
• I-HF Markets (UK) Limited - igunyaziswe yi-FCA (UK) inombolo yobhaliso. 801701.
• HF Markets (DIFC) Ltd – egunyazisiweyo DFSA (Dubai) inombolo yobhaliso. F004885.
• I-HF Markets (SV) Ltd – igunyaziswe yi-FSA (i-St. Vincent kunye ne-Grenadines) inombolo yobhaliso. 22747 IBC 2015.
• I-HF Markets (Seychelles) Ltd – igunyaziswe ngu I-FSA (eSeychelles)inombolo yobhaliso. SD015.

HFM Awards:

Hotforex South Africa has won numerous awards for its services and offerings over the years, recent awards include:

• Eyona Broker engafihliyo ka-2020 (Amabhaso aseYurophu-kwiBhanki yeHlabathi kunye noPhononongo lwezeMali),
• Iinkonzo zabaThengi eziBalaseleyo-iGlobal 2020 (Imagazini yeHlabathi yeMali eyiNkunzi),
• Umthengisi ogqwesileyo e-Afrika ka-2020 (AtoZ Forex),
• Awona mava aGqwesileyo oRhwebo kuMzantsi Mpuma Asia 2020 (IiMbasa zeMali zaMazwe ngaMazwe),
• Inkqubo yamahlakani eGlobal ka-2020 (Iimbasa zabatyali-zimali bamazwe ngamazwe),
• Ukugqwesa kwiNkonzo yabaThengi kwiGlobal 2020 (Iimbasa zabatyali-zimali bamazwe ngamazwe),
• IQonga lokurhweba ngeKopi yeHlabathi (IiMbasa zeGlobal Forex zowama-2019) yenkonzo yorhwebo yeHFcopy.

Ngeminyaka emininzi yokusebenza okunoxanduva, ummiselo ovela kwamanye awona magunya angqongqo emhlabeni, kunye noluhlu olude lwamabhaso okwaneliseka kwabathengi, i-HFM ithathwa njengomthengisi we-Forex othembekileyo nokhuselekileyo. 

Uphononongo lwe-Broker ye-HFM: Isigwebo sethu

Our HF Markets review showed that the broker is well-known internationally and has a strong presence in South Africa. It has local FSCA regulation and local customer support.

Unlike many other international brokers, Hotforex south africa offers ZAR trading accounts which are very convenient. It also offers fast and free deposits and withdrawals in South African Rands from a range of local banks, including FNB, ABSA, Nedbank, and Standard Bank, among others. 

The broker has a variety of trading accounts that are sure to meet the needs of different local forex traders making it one of the abarhwebi abagqwesileyo eMzantsi Afrika.

The trust and reliability review of the broker is very reassuring. We unreservedly recommend this HFM forex to South African traders.

Frequently Asked Questions About HFM Broker In South Africa