HFTrading Review 2020
HFTrading is a regulated trading broker with a generous range of trading instruments available to trade online via the popular and user friendly MetaTrader 4 (MT4) platforms for desktop, web and mobile devices. The broker has very competitive trading conditions with flexible account types and funding methods to cater for different client needs. In addition to this, they have a very impressive traders academy which is stacked with useful educational resources for traders of all experience levels.
HFTrading Review 2020, Pros & Cons
- Regulated brokerage
- Tight spreads
- 0% commission
- Free VPS
- Trader's academy
- MT4 platform with range of trading tools
- Wide range of trading instruments, 750+ assets
- Only accept clients from Australia & New Zealand
In this detailed HFTrading review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
HFTrading is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including HFTrading.
HFTrading Review: Summary
Launched in 2019, HFtrading is an innovative online financial service provider offering trading via user-friendly platforms on a range of global financial instruments from multiple asset classes including Forex, Cryptos, Stocks, Commodities, Indices, CFDs and more. They are constantly striving to make the financial markets around the world more accessible to clients of all experience levels and investment sizes.
This broker has a range of benefits, including innovative trading tools, useful mobile trading app, demo training account, 24-hour assistance, education center, analysis tools, news alerts, zero fees and commissions along with trade execution speeds from an impressive 0.04 seconds. Spreads start from just 0.1 pips whilst leverage of up to 1:400 is available. They operate with a no dealing desk (NDD) execution model which means that trades are passed directly through to the liquidity providers (LPs) without any dealing desk intervention.
HFTrading implement unique and cutting-edge innovations that are combined with high-tech analytical trading tools to ensure that clients get the required trading conditions for optimal performance. In addition to this, encrypted transactions, strict firewalls, and SSL technology help to keep client’s transactions safe. The broker is focused on allowing the trader to concentrate on their trading rather than worrying about extra charges, fees or other external factors that may affect overall performance.
HFTrading Review: Regulation
HFTrading is a trading name of CTRL Investments Ltd who are a company registered in New Zealand and Australia. CTRL Investments Ltd is authorised and regulated by the New Zealand Financial Markets Authority (FSPR number FSP197465) and the Australian Securities and Investment Commission (AFSL number 414198).
HFTrading Review: Countries
HFTrading is only able to accept clients located in Australia and New Zealand. Their services are not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Some HFTrading broker features and products mentioned within this HFTrading review may not be available to traders from specific countries due to legal restrictions.
HFTrading Review: Trading Platforms
HFTrading provide the award-winning, sophisticated and powerful MetaTrader 4 (MT4) platforms that are user friendly and packaged with an abundance of trading tools. Millions of traders from all over the world continue to use MT4 for pursuing their investment goals. It gained its popularity among traders of all levels worldwide due to its simple yet encompassing interface and vast array of built-in tools.
Using the platforms built-in tools, you can view and analyse the price movements of multiple instruments via charts of different timeframes and styles. You can use the technical indicators to conduct market analysis in great detail to help identify potential trade opportunities. Trades can be performed and managed at any time from the web, desktop, and mobile platforms that run on iOS and Android devices. The mobile trading applications are useful for those who want to trade whilst on the go from anywhere in the world where they have an internet connection.
Some of the most prominent MT4 features include:
- User-friendly interface
- Fully customizable features
- Advanced, secure & transparent trading with optimal round-the-clock performance
- Real time bid/ask price quotes on hundreds of assets via the market watch window
- Option to choose from 9 trading timeframes from 1 minute to 1 year
- Three different types of charts: candlesticks, bars, and line chart
- Vast array of technical indicators for conducting thorough market analysis
- Support of automated trading via the use of expert advisors (EAs)
- Strategy tester to back test EAs over historical data
- MetaEditor interface to create customised indicators, scripts & EAs
- Large online MQL community to share ideas & tools with other traders
- Cross-platform synchronization
- Price alert notifications via email, SMS and platform pop-ups
- Freely available to use on desktop, web & mobile devices
HFTrading Review: Trading Tools
HFTrading do not provide any standalone trading tools which the trading brokers review team feel is fine due to the fact that there is an abundance of tools already included with the trading platforms. This is likely to be more than enough for most retail traders. If you would like to add any additional tools, the MQL marketplace in MT4 is a great place to find unique indicators, scripts, widgets, etc.
HFTrading Review: Education
HFTrading have an education center that provides traders with a large collection of trading guides, tutorials, videos, articles and many more educational resources to help them get the best possible trading experience whilst improving their trading skills and knowledge. These materials can be accessed whilst on the go, making it convenient to learn as much as possible from wherever you are at a time that suits you. There are a range of topics covered from an introduction to the various markets, trading platform tutorials, trading strategies, technical analysis, money management and much more.
The brokers website hosts an economic calendar which displays the latest news releases along with the impacts that they have on various global economies. You can see the dates/times of each release along with the previous impact, forecasted impact and actual impact. This is a tool used by many traders as part of the fundamental analysis of a trading strategy. In addition to this, there is also an earnings report calendar from Yahoo finance where you can learn when companies announce their quarterly and annual earnings, along with the latest EPS estimates and conference call times.
HFTrading Review: Trading Instruments
With HFTrading you gain access to trade CFDs on an impressive 750+ assets, including forex currency pairs, cryptocurrencies, indices, precious metals, energies, stocks, commodities and more. The broker offers a great variety of trading instruments which can lead to a more balanced and diversified portfolio.
- Forex Currency Pairs (including minor, major & exotic crosses)
HFTrading Review: Trading Accounts & Fees
Whatever your level of experience, you can choose an account type that matches your profile. There are accounts for beginner and experienced traders alike. The main differences between the accounts are the spreads and leverage offered. HFTrading account spreads start from just 0.1 pips whilst leverage of up to 1:400 is available. There is a financing fee which is the rollover interest that is charged when holding forex positions overnight. The account types are as follows:
- For novice traders
- Minimum $100 deposit
- 750+ assets
- 0.7 min spreads
- 0% commission
- 1:200 max leverage
- For advanced traders
- 750+ assets
- Minimum $100 deposit
- 0.5 min spreads
- 0% commission
- 1:400 max leverage
- Swap discount 25%
- For Pro Traders
- Minimum $300 deposit
- 0.3 minimum spreads
- 0% commission
- 1:400 maximum leverage
- Swap discount 50%
- Free VPS
Demo accounts are available which allow clients to practice their trading strategies and familiarise themselves with the trading platforms using virtual currency. Islamic accounts that are swap-free to comply with Sharia law are also available upon request, thus making HFTrading a Muslim friendly broker.
As broker fees can vary and change, there may be additional fees that are not listed in this HFTrading review. It is imperative to ensure that you check and understand all of the latest information before you open a HFTrading broker account for online trading.
HFTrading Review: Customer Service
The HFTrading dedicated support team are on hand to assist you throughout your trading journey. They are happy to answer any general, technical or account-based questions that you may have, in a prompt, polite and efficient manner. You can reach the brokers support via a range of convenient contact methods including live chat, telephone and email. They are available Monday to Friday from 8am to 11pm GMT.
HFTrading Review: Deposit & Withdrawal
HFTrading have a variety of convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.
Some fees may be charged when using certain payment methods. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant.
Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. HFTrading strictly does not accept third-party payments. All funds deposited into your trading account must be under the same name as your HFTrading account.
Accounts can be opened USD, AUD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
HFTrading Review: Account Opening
There is a short online application form to complete and you will need to provide verification documents to open an account with HFTrading. Once you have read through the terms and made your application, a member of the accounts team will verify your account for you. After it has been verified you will receive a confirmation email and from there you can login to the account, make deposits and start trading online with HFTrading. The friendly support team are on hand to assist you should you need any help during the process.
HFTrading Review: Conclusion
Overall, HFTrading is a regulated broker that has a generous range of trading products and services for all types of trading style. The asset selection is very broad whilst the provided trading platforms are easy to use and include an abundance of useful built-in trading tools. The broker really excels with its vast trader’s academy which is full of useful educational resources for beginner traders. In addition to this, the brokers trading conditions are very competitive, they have flexible account types to cater to differing client needs and an excellent customer support team on hand to assist you throughout your trading journey.
Trading FX carries a high level of risk to your capital and you should only trade with money you can afford to lose. It is possible that you could lose more than your deposited funds. Before deciding to trade the products offered by CTRL Investments Ltd, you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading with leverage.