HFTrading

HFTrading Review
Positive
Neutral
Negative
4.9
4.9/5
HFTrading Review
4.9
4.9/5
Positive
Neutral
Negative

HFTrading Experience and Test 2022

71% of retail investor accounts lose money, …

HFTrading Review

HFTrading

4.9

4.9/5
HFTrading Review

HFTrading

4.9

4.9/5

Overview

CTRL investments Pvt. Ltd. has come with yet another venture for trade-heads. The firm now daunts another trading name called HFTrading. The broker is relatively new, founded in 2019. However, a few things make the broker stand apart from the crowd of online forex brokers. 

Facts like competitive spreads and commissions make it a different entity. The broker has lived up to the fact that respect has to be earned, not demanded.

The financial service provider makes trading easy by offering three distinctive account types; silver, Platinum and Gold. Via these three, the traders can trade on more than 350 CFD tradable assets. The broker has a thing for forex and apart from that. The list is also topped with assets like cryptocurrencies, stocks, indices, commodities etc. 

 Is HFTrading Scam Or Safe?

The broker is a trading name of CTRl investments Pvt. Ltd., and the parent firm is regulated by the FMA. The license numbers are as follows:

Company No. 2446590, NZBN 9429031595070) and a registered foreign company in Australia (ARBN 152 535 085

HFTrading regulates in the jurisdiction of New Zealand and Australia and hence, is under their regulation as well. The broker does not offer over the top leverage; it does not have more lots for forex trading than the conventional one’s; there is no hidden fee that the broker charges, and we, as a team of researchers, are unaware of it. These facts together can weight fully satisfy the constraints for each broker to be legit. 

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HFTrading Review
4.9
4.9/5

Our recommendation: Trading at HFTrading

  • Availability of 350+ assets classes
  • Founded in 2019 
  • High speed execution
  • No commission on deposits and withdrawals
  • Hedging and news alerts  
  • Assistance of customer support 24/5

Advantages and disadvantages of HFTrading

  • The brokerage firm offers MetaTrader 4 platform for trading.
  • HFTrading Provides a wide range of educational resources.
  • It is regulated by New Zealand Financial Markets Authority (FMA) and the Australian Securities and Investments Commission (ASIC).
  • Doesn’t offer MetaTrader 5 platform
  • The broker charges a higher rate of Swap charges.

HFTrading review: Account types

HFTrading offers three main account types, silver, platinum and gold. Any trade can choose any of the given accounts to begin their trading journey.

The idea of providing silver and a gold account is to create an ideal trading environment for the trader. The silver and gold account can use maximum leverage of 1:400. The broker also keeps the criteria of leverage different for each asset. 

Let us read about all the account types in detail:

Silver account:

 If a trader is looking to launch their career, then the silver account is what they need precisely. The account can even be used as a swap account and for hedging purposes as well. In addition, the account is strongly backed by an excellent customer support team to assist the traders with any technical issues they may face while trading.

Here are a few specifications of the silver account:

  1. Spreads: from 3
  2. Minimum deposit: $250
  3. 3. Maximum Leverage: 1:200
  4. Base currencies available: NZD, USD, EUR, AUD, GBP, CAD, JPY

Gold Account:

 A trader who has given decent them to the market and is now looking for better opportunities can use the gold account. The account comes in with a dedicated accounts manager and is also equipped with the best educational webinars in the world.

Like all the other account types, the gold account also allows the traders to trade over 300+ CFD tradable assets. In addition, the broker also provides a dedicated accounts manager. This facility is not available for the silver account. 

When it comes to the minimum spreads, they are constant for all the accounts, beginning from 1:8. When it comes to the leverage, that varies, and it varies depending on the nature of the asset that is being traded and the account being used for trading that asset. The minimum leverage is 1:200, and the maximum leverage that the broker provides is 1:500.

The swap discounts are also different when the silver account does not have any; the platinum and the gold account have a 50 and 25% swap discount, respectively. Below are some of the specifications of the gold account:

  1. Spreads: from 2.5
  2. Minimum deposit: $5000 per day
  3. 3. Maximum Leverage: 1:200
  4. Base currencies available: NZD, USD, EUR, AUD, GBP, CAD, JPY

Platinum Account:

 The account type is mainly suited for the veterans who have spent enough time in the market. These are professional traders, and they can use high leverage for trading that comes with a dedicated accounts manager. 

The platinum account offers the traders leverage of 1:500. This simply means that with $100, the traders can trade over a position of $500,000 and control them. However, the novices are not advised to use leverage in their initial trading days since it can go horrendously wrong if not looked after properly.

Below are some of the specifications of the gold account:

  1. Spreads: from 2.1
  2. Minimum deposit: $10000 per day
  3. 3. Maximum Leverage: 1:200
  4. Base currencies available: NZD, USD, EUR, AUD, GBP, CAD, JPY

 The professional traders use leverage mostly to cover the capital and use it elsewhere. Since they have the But, againis also consuming,age to make larger trades for them, the capital is not at stake. Instead, it can be invested anywhere else the trade might like. 

HFTrading review: Account Opening:

The traders can open the desired account type after they click on the open account button on the homepage of the broker’s official website. The account can be opened after the trader has filled a questionnaire that the broker asks the traders to fill.

The following steps involve verifying identity documents that the trader has to put forward before the whole process. The entire thing can take around 3-4 business days. 

Here is the stepwise process to open an account:

1.Log on to www.hftrading.com

  1. Click on open account.
  2. Provide the necessary details. 
HFTrading Review
4.9
4.9/5

Our recommendation: Trading at HFTrading

  • Availability of 350+ assets classes
  • Founded in 2019 
  • High speed execution
  • No commission on deposits and withdrawals
  • Hedging and news alerts  
  • Assistance of customer support 24/5

HFTrading review: Trading instruments 

The tradable assets via the broker expand to more than 300. Each asset belongs to a different class, and each of them has a lot of money-making opportunities. In addition, the broker offers trading in assets like forex.

Forex is the epitome of daily business conducted in terms of money being moved. The forex market is responsible for more than $6 trillion traded each day. That is bigger than the economies of a lot of nations. 

Apart from forex, the broker also provides trading in CFD based cryptocurrencies. The crypto market is seeing an unprecedented surge, and the brokers are not letting this opportunity go to waste. 

The market sees more than 1500 new cryptocurrencies every day, and HFTrading does not miss over a single one. However, it has to be kept in mind that the traders need to pay attention to the instruments like futures, leverage, CFDs etc. because these are derivative products and can create havoc if left unchecked.

HFTrading Commission & Spreads

HFTrading has non-tolerant policies against commissions and commission-based trades. Different traders have different strategies to play in the market.

There are strategies like scalping that require the traders to make a lot of trades every trading day, sometimes hundreds of them, if not thousands. 

If each trade carries a 2-way commission, the scalpers will have nothing in hand when the day ends. Therefore, their profit potential for each trade is low. Add that with commissions, and you get utter disappointment, nothing else. 

Spreads, however, are charged, and they are variable for each asset and are also sensitive to the account type being used. 

A trader trading with the platinum account in the AUD/CAD pair will pay a different spread than trading in the USD/JPY pair with the gold account.

HFTrading Review: Leverage

HFTrading offers different leverage for each account type. For instance, the maximum leverage offered by the broker for the silver account is 1:200, and that for the platinum account is 1:500. 

The traders have to be wary of leverage because most experts say that it is a double-edged sword. The idea of leverage, it goes wrong in any case, may cost the trader an amount large enough to dry them out of the investment they made initially. 

Leverage, if used correctly, can also intensify profits at enormous speeds. Again, the accuracy of speculation single-handedly plays a crucial role in this setting.

Since the position is larger than what the initial capital would have offered, and the invested capital is exponentially less, the traders have the upper hand in making money and then invest the same initial capital over and over again to buy larger positions in the market. 

HFTrading Review: Deposit and withdrawals:

The traders can deposit and withdraw their funds via different methods, including credit and debit cards. The process to do that can be executed in the client portal area. The clients can also use their phones to complete this transaction. 

The minimum deposit for opening an account with the broker is a mere $250. However, for withdrawal of funds, the traders have to fill a withdrawal request form that can be found in the client portal area as well. The form will ask the client for account details and the amount needed with the preferred modes of payments. 

The traders have to withdraw a minimum of 10 AUD or the USD equivalent of the same amount. The broker does not charge any fees for the withdrawal, but there can be cases when the bank involved with the client may do so and hence, it is the client’s responsibility to pay any such fee in any such case. 

HFTrading review: Trading Platform:

HFTrading provides the MT4 trading platform to the traders as the primary trading platform. Although this comes after the fact that there are thousands of other forex trading platforms out there, the financial service provider still sticks to the basics and provides a simple and authentic platform. As a result, the MT4 is one of the best forex trading platforms out there. 

A lot of forex brokers promote their indigenous trading platforms, but these will mostly play with the investors’ funds since it is not secure. The legit brokers always promote the legit trading platforms like the MetaTrader lineage so that the funds of their traders are safe. 

A lot of legit forex brokers usually work with the MT4 lineage because those are legit platforms that have been around for ages and are

also the reference models for a lot of new platforms that emerge on the market daily. HFTrading also provides an MT4 trading application to the traders for trading via mobile and on the go. 

Company Details

Assets

  • Metals
  • Forex 45+
  • Indices
  • Cryptocurrencies 26+
  • Commodities 17+
  • Stocks

 

Basic

  • Country: New Zealand
  • Registration number: 12570053
  • Regulations: AFSL,

 

Customer Service

  • Live Chat Support
  • Phone number:+64 48895407

 

HFTrading Review
4.9
4.9/5

Our recommendation: Trading at HFTrading

  • Availability of 350+ assets classes
  • Founded in 2019 
  • High speed execution
  • No commission on deposits and withdrawals
  • Hedging and news alerts  
  • Assistance of customer support 24/5

HFTrading Mobile Trader 

It is a mobile application trading platform that is completely handy and easy to use by investors. It is easy to get access to the global market for trading. With the help of the mobile application, a trader can explore the market opportunities.

What are the key features of the mobile trading platform?

  • A trader gets full access to the HFTrading platform.
  • A trader can download the software and application on Android as well as ios.
  • Professional Analytical tools.
  • The mobile application has better efficiency.
  • The platform is fully customisable for the investor according to their trading plan and goals.
  • A trader has various types of hearts and tools to predict the future market of the assets.

HFTrading Review: Education and Research Material

The education material that the broker provides is divided into 4 different sections. 

Articles:

The articles are curated well enough and can cater to the content needs of a veteran and a novice trader. The articles are rich in information, and the delivery of the same is correct in every way possible. 

Economic Calendar:

The economic calendar offered by the broker is updated daily and is really important for the clients who are trading in forex. The announcements that can be tracked before they are made are crucial in manipulating the positions accordingly. 

The importance of each announcement is marked in three colours, with red being urgently important and yellow being the medium level of an important announcement.

Earnings season Calendar:

The earning season calendar is something that displays the earning reports of some blue-chip as well as traditional assets. The drop-down window with the ESC helps the traders to have a quick look at the 52 weeks ranged charts and statistics. This can be accessed before making a final decision regarding the investments in a particular stock. 

HFTrading Review: Customer Support

The customer support offered by the broker is active Monday – Friday: 09:00-00:00 NZST and can be reached via phone, live chat and E-Mail. With Details as follows:

 Phone number:

The customer support team handles each query very efficiently and re a team of experts who are good at what they do. In addition, the executives are well-versed with the nuances of the market and were of great help as we checked. 

The live chat support feature is extremely responsive and responds in typically 3 minutes.

FAQs

HFTrading is based New Zealand company that is regulated by the New Zealand Financial Markets Authority (FMA) and the Australian Securities and Investments Commission (ASIC).

The brokerage company offers maximum leverage of 1:500 to the professional traders and 1:30 to the retail traders.

Yes, HFTrading offers a MetaTrader 4 platform for trading which is useful to predict the future market of the assets.

HFTrading is regulated by New Zealand Financial Markets Authority (FMA) and the Australian Securities and Investments Commission (ASIC).

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