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A Review of HFTrading

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Platform Name: HFTradingURL: https://www.hftrading.com/Owned By: CTRL Investments LimitedLocation: New Zealand and AustraliaRegulated: YesLicenses: New Zealand Financial Markets Authority (FSPR No. FSP197465)Australian Securities and Investments Commissions (AFSL No. 414198)Instruments: Cryptocurrencies, Forex, Commodities, Shares, Indices and Precious MetalsMaximum Leverage: 1:500HFTrading is a New Zealand based online forex and CFD brokerage having a presence in both its home country as well as Australia. It is open for traders from both the nations and offers them high-quality trading products on a user-friendly platform. Created by a group of experts in trading as well as online user experience, the platform has an extensive collection of trading instruments that includes leading

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Platform Name: HFTrading
URL: https://www.hftrading.com/
Owned By: CTRL Investments Limited
Location: New Zealand and Australia
Regulated: Yes

Licenses:

  • New Zealand Financial Markets Authority (FSPR No. FSP197465)
  • Australian Securities and Investments Commissions (AFSL No. 414198)

Instruments: Cryptocurrencies, Forex, Commodities, Shares, Indices and Precious Metals
Maximum Leverage: 1:500

HFTrading is a New Zealand based online forex and CFD brokerage having a presence in both its home country as well as Australia. It is open for traders from both the nations and offers them high-quality trading products on a user-friendly platform. Created by a group of experts in trading as well as online user experience, the platform has an extensive collection of trading instruments that includes leading cryptocurrencies, commodities, forex, shares, indices and more. It is a regulated platform, in possession of relevant licenses from both the New Zealand Financial Markets Authority and the Australian Securities and Investment Commission.

Platform

HFTrading is designed to accommodate the needs of both novices as well as experienced traders. It offers an easy-to-use platform based on the well-known MetaTrader 4 (MT4) electronic trading solution. HFTrading can be accessed either through the WebTrader terminal on the browser or by downloading the MetaTrader 4 desktop software or mobile application for free.

The MT4 platform also includes a suite of trading charts and analytics tools with plenty of customization options to suit one’s needs. The platform is designed to sync with all the three MT4 clients so that traders can trade on any device of their choice at any time. The availability of multiple account types, payment methods, trading products and educational resources further enhances the trading experience on HFTrading

Accounts

There are three different account types available on HFTrading which are designed to suit the requirements of traders with different levels of experience. The basic account Silver is designed for novice traders, while the Gold and Platinum accounts are meant for advanced and professional traders, respectively.

Depending on the account type, traders will get access to different spreads and leverage. The Gold and Platinum accounts are eligible to trade more instruments, secure enhanced leverage and spread options compared to silver account holders.

Account TypeSilverGoldPlatinum
News AlertsNoNoYes
Free VPSNoNoYes
Dedicated Account ManagerNoYesYes
Webinars and VideosNoYesYes
Islamic AccountsNoYesYes
Full 10-hour Customer SupportYesYesYes
Fifth Decimal YesYesYes
HedgingYesYesYes
Swap discount0%25%50%
Min. Spread0.070.050.03
Max. Leverage1:2001:4001:500

All accounts on HFTrading do not have any deposit limits. Unlike Silver account, the Gold and Platinum account holders can also opt for Sharia-compliant Islamic trading features along with access to webinars and videos on market dynamics and trading. Platinum account holders get the maximum leverage and the least spreads of all, along with free VPS and news alerts.

HFTrading doesn’t charge any commission on all the three trading account types.

Trading

Users must first register on HFTrading before they can start using any of the features available on the platform. Being a regulated platform, the registration process is a bit more elaborate than some of the other platforms. The platform has strict KYC and AML norms in compliance with the applicable regulations. It requires new users to provide their personal details, submit necessary documentary proof and furnish information on their trading experience before they can deposit funds and get the account activated.

The deposit can be made using any of the supported payment methods with includes Visa, VPay, MasterCard and Maestro cards, Skrill and Neteller. Following a successful deposit, the account will be automatically activated, allowing the user to start trading the asset of choice.

The tradable CFD instruments on the platform include more than 30 cryptocurrencies including Bitcoin, Ethereum, Litecoin, Dash Ripple, etc.; more than 20 commodities; over 45 forex currency pairs, shares of over 100 leading global companies; 20+ stock indices; and precious metals like copper, silver, gold, platinum and palladium.

HFTrading also offers the demo trading feature for traders who like to familiarize themselves with the platform before they start trading.

Customer Support

The customer support team at HFTrading is available round the clock over email and live chat. The phone support is available during weekdays between 2 AM and 1 PM GMT. The live chat feature is available at the bottom right corner of the page on HFTrading website. Those who prefer to email or call the support can reach them at [email protected] and +64-48895407 respectively.

Education

HFTrading also has a lot of educational materials hosted on the platform that covers every aspect of trading, including details on how to set up the MT4 account. These materials are suitable for traders with all levels of experience and they are available in Video on Demand, Ebooks, Tutorials, Courses format.

Security

HFTrading has all the necessary security features in place to protect stored as well as in-transit data. The platform uses industry-standard SSL technology and encryption protocols along with secure firewalls to ensure the safety of user information and funds.

Conclusion

HFTrading offers a range of CFD trading instruments over world-class infrastructure. However, geographical limitations make it hard for everyone to access and experience the platform. But for those who can, they have a window to the global financial markets and can indirectly seek a piece of the action.

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