HFM Review 2023

HFM was established in 2010, and it has expanded its presence in more than 180 countries. HFM, as a unified brand name of HF Markets Group, has licences in South Africa (FSCA), Kenya (CMA), Seychelles (FSA), Dubai (DFSA), UK (FCA) and Cyprus (CySEC). HF Markets Group is a conglomerate that encompasses licensed and regulated entities acting as multi-asset brokers around the world. HFM and HF Markets are unified brand names of HF Markets Group: HF Markets SV Ltd. HFM offers several account types, trader tools, and software to facilitate institutional and individual customers to trade derivatives and Forex online.

This platform offers different account types where customers can choose and enjoy a tailor-made trading experience that suits their needs. Combined with superior trading tools, features, and lightning-fast execution of orders, This HFM review offers tools and features that are needed for all types of traders to work on their trading strategies.

HFM Overview

Official Website https://www.hfm.com/
Headquarters Cyprus
Found in 2010
Regulators CySEC, FCA, DFSA, FSCA, FSA, CMA
Products Offered Forex, Metals, Indices, Shares, Commodities, CFD Stocks, Bonds
Minimum Initial Deposit $5
Maximum Leverage 1:1000 Varies with account types
Islamic Accounts Yes
Demo Account Yes
MetaTrader 4 (MT4) Yes
MetaTrader 5 (MT5) Yes
Trading fees Low
Inactivity fee No
Withdrawal fee No
Supported currencies NGN, EUR, USD, CAD, AUD, NZD, GBP and more
Customer Support 24/5 via Email, Phone, Live Chat, and FAQs

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RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

What Is HFM?

Since its inception, HFM has operated as a unified brand of HF Markets Group. It has achieved regulatory status in Europe through Cyprus via its HF Markets Europe ltd and in the UK via Financial Conduct Authority (FCA) regulated HF Markets UK Limited. HFM is licensed in the United Arab Emirates, South Africa, Cyprus, Saint Vincent, and the Grenadines to offer its financial services to its customers.

HFM has received numerous awards as the best educational broker at global forex awards in 2022 & more. ; as a market maker, it provides a wide choice of multi-asset account types more than 3,500,000 live accounts, including forex pairs, currency pairs, Cryptocurrencies, Bonds, ETFs, & Equities.

HFM is headquartered in Cyprus and provides its clients with unique investment opportunities by providing forex and CFDs (contracts for differences) for metals, indices, energies, shares, bonds, commodities, and ETFs. There are several reasons why customers choose HFM as their online trading partner; it offers a wide variety of account types, competitive spreads, commission, technical charting, financial analysis, features, tools, educational offerings, & value-added functionality.

HFM Platform - Interface

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Features of HFM

Here are a few important features of HFM:-

  • The traders are offered the choice of choosing from 6 account types, and the minimum deposit amount starts from $5 to $250 depending upon the account types, maximum leverage limits, spreads, and maximum order sizes that vary as per their requirements.
  • HFM prides itself on being the best company that offers in-depth market analysis, news, and trader education. This comes in the form of articles, videos, short trading courses, and a wide update on the latest financial markets.
  • The advanced trading tools offered by HFM include MT4 and MT5, which provide a great trading experience. The technical analysis offered by the trading platform provides an array of charting tools, trading signals, market features, and trade execution. It provides an Autochartist tool that has been powered by AI pattern recognition to help traders strategically time their trades.
  • The traders can enjoy several tradable assets, and this platform offers access to more than 1,000 securities, including Metals, Forex pairs, energies, cryptocurrencies, ETFs, and stock indices. Compared with other best forex broker platforms, the wide selection of tradable assets is above average for the pricing structure it provides.
  • HFM provides a proprietary HFM app that lets users track their preferred tradable assets, stay updated with current market news, and perform technical analysis on the assets. Moreover, the software offered by HFM helps traders to switch to MT4 and MT5 with just a click, which the users find very useful. However, this platform does not offer an in-app feature currently.

HFM Features

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Services Offered by HFM

HFM is regulated by several entities, and it makes it safe and legit for the traders to carry out trading. Also, it provides a wide range of financial instruments and offers excellent trading opportunities through the use of technical trading tools that help the traders to leverage their profits. It has a secure crypto trading environment, easy-to-use platform, and competitive spreads, where it comes as a one-stop solution for all the user’s trading requirements.

HFM provides Forex trading software to the traders, which helps them to execute Forex trades. This platform can be termed as a multi-asset platform; it implies that it allows traders to trade stocks, stock indices, precious metals, cryptocurrencies, Forex, and CFDs.

As per our HFM review, this platform offers Metatrader 4 (MT4) and also the latest version of MT5. MT4 and MT5 are compatible with several devices; HFM mobile trading platform is known as HFM mobile app, which is available for both Android and iOS users. It is now possible for clients to have access to their accounts, trading CFDs on more than 1200 assets immediately on the app.

CFDs are complex instruments and come with the high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. However, cryptos are available to specific countries (not available in Nigeria and Kenya)

HFM Services

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HFM Products

HFM provides more than 1200 tradable assets to their traders. Their clients have several markets to participate in using several trading options provided by HFM, such as CFDs, spot contracts, futures contracts, and Forex.

Here is a list of products it offers:-

  • HFM offers Forex trading, also known as FX trading or currency trading, which involves the exchange of base currencies in the market where companies, financial institutions, and individuals exchange currency for other currency pairs at floating rates.
  • The commodity markets offered by HFM are different investment opportunities available for traders. The traders can invest in tradable goods that are contract-based, and it is one of the reliable ways for mitigating risk during economic uncertainty or inflation. Stock indices or indices equity is stock market indices that measure the value of a certain section of the stock market. It represents certain companies in the stock market.
  • HFM offers precious metals to trade like gold, silver, which involves hard commodities, tradable goods that are contract-based.
  • Investors can trade on the energy market offered by HFM, which comes with high volatility and the prices are based on environmental and political factors like supply and demand, global economic growth, extreme weather conditions, and several more.
  • HFM has over 1200 tradable assets, and it can be accessed through global markets. Some of them include metals, energies, indices, commodities, bonds, shares, and cryptocurrencies like Bitcoin, Litecoin, Ethereum, Ripple, and more. (but crypto is not available in Nigeria and Kenya)

Is HFM Regulated?

As per the reviews, here are the reasons why HFM is worth and safe to trade with:-

HF Markets (SV) Ltd Is Incorporated in St. Vincent and the Grenadines

HF Markets (SV) Ltd is registered in St. Vincent & the Grenadine as an International Business Company with the registration number 22747 IBC 2015.

FCA – Financial Conduct Authority (United Kingdom)

HF Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) under firm reference number 801701.

DFSA – Dubai Financial Services Authority

HF Markets (DIFC) Ltd is authorized and regulated by the Dubai Financial Services Authority (DFSA) under license number F004885.

FSCA – Financial Sector Conduct Authority (South Africa)

HF Markets SA (PTY) Ltd is authorized and regulated as a Financial Service Provider (FSP) from the Financial Sector Conduct Authority (FSCA) in South Africa, under license number 46632.

FSA -Financial Services Authority (Seychelles)

HF Markets (Seychelles) Ltd is incorporated under the laws of the Republic of Seychelles with registration number 8419176-1, regulated by the Seychelles Financial Services Authority (FSA) under Securities Dealer Licence number SD015.

FSA – Financial Services Authority (Seychelles)

Under licence number 46632, HF Markets SA (PTY) Ltd is authorised and regulated as a Financial Service Provider (FSP) by the Financial Sector Conduct Authority (FSCA) in South Africa.

CMA – Capital Markets Authority (Kenya)

HFM Investments Ltd is licenced as a non-dealing online foreign exchange broker by the Capital Markets Authority in the Republic of Kenya under licence number 155.

HFM has industry-standard security measures in place. It has taken steps to safeguard its user’s money. It also offers a civil liability insurance program with a limit of 5,000,000 Euros that covers omissions, errors, fraud, negligence, and other risks for HFM. It uses only major banks for keeping their client’s money separate from the company’s funds.

CFDs are complex instruments and come with the high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

HFM Review: Pros and Cons

Pros Cons
 HFM complies with several regulatory authorities.  It does not provide its services to US and Canadian customers.
 This platform has commission-free trading HFM accounts.
 Provides several account types to choose from.
 Offers competitive spreads to the traders and free demo account.
 Offers great trading experience with value-added tools.
 Has premium Metatrader indicators and tools like Autochartist.

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HFM Account Opening Process

Here is the step-by-step process to open a trading account with HFM:-

  • HFM login is a simple and easy process. The first step is to go to the website of HFM and click the Register button. The user needs to provide details of their email address, name, phone number for registering an account.
  • The user will receive an email from HFM, which contains a verification link. The trader needs to click the verification link to complete the registration.
  • The next step is to enter the relevant details like address and country of residence, and it should match the documents that are submitted for verification.

The user should submit the below-given documents for verification:-

  • Verification of address documents like bank account statements or utility bills with their address visible.
  • Identity proof like a passport or scanned copy of an ID card.

HFM Account Opening Process

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Types of HFM Accounts

As per several HFM reviews, this platform is committed to offering its clients the best trading conditions for easy trading. HFM offers six types of accounts for their traders’ specific requirements. Whatever their level of funding, trading strategy, risk appetite, starting from micro account to unlimited volume trading, there is an account to match every trader’s needs.

HFM provides a wide choice of accounts with distinct trading conditions and highly competitive prices that are designed specifically to meet the demands and needs of different types of forex traders. Here is the list of types of accounts offered by HFM:-

  • Micro account
  • Premium account
  • Zero spread account
  • PAMM(premium account)
  • HFcopy account

HFM trading platform is designed in such a way that it is simple to understand and competitive. When compared with other trading platforms, it offers six different types of accounts along with Islamic account that is preferred by the traders in the MENA region. Each of the account types is designed for every possible trader with a trading strategy that allows them to strategically trade with any type of market. HFM’s micro account types are preferred by beginners because the minimum deposit is $5; when compared with other accounts, the minimum deposit for this account is very low.

The premium account minimum deposit is $100. It is used by both beginner and advanced traders with an account balance of below $5000. It provides a great trading environment and makes it an attractive option for retail traders.

Premium account caters to professional traders who trade large volumes with this account. This account comes with a maximum leverage of up to 1:500 and a reduced stop level of 20%. The minimum deposit for this account is $100, which is very low, and it attracts professional clients who have smaller balances.

A zero spread account starts with a minimum deposit of $200 and offers spreads as low as 0.0 pips; forex traders need to pay commissions per traded lot. Based on the type of trading strategy, trading volume, and frequency of the trades, this account is beneficial to specific traders, and it is a bit expensive to other traders.

HFM PAMM program is an investment program that permits any trader a chance to invest their money without the need to trade the market themself. The PAMM program allows fund managers to earn extra revenue for managing their client funds successfully. However, the minimum deposit is $250 and maximum leverage is 1:300.

HFcopy account is developed for strategy providers for generating extra income through trading fees charged to followers to pay for s strategy than developing their strategy. The maximum fee is charged at 50%, the minimum deposit for each strategy provider is $500, and followers are $100. 71% of retail investor accounts lose money when trading CFDs with this provider.

Types of HFM Accounts

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HFM Trading Platforms & Tools

As per our HFM review, HFM offers an award-winning MT4 and MT5, the latest version as its trading software. This trading platform enables one-click trading, several tools, and provides institutional-grade technology via advanced configuration. Whether the trader is a beginner or an advanced trader the software offered by HFM suits all types of traders. However, HFM Trading App is available for both Android and iOS users and now clients can access their accounts, trading CFDs on 1200+ assets on the app.

MT4 Platform

The Metatrader 4 platform of HFM offers a user-friendly interface and offers fast execution and interbank liquidity. Also, it provides several benefits to the users and satisfies the advanced traders with several tools and resources. It is a powerful platform that permits traders to analyze price movements efficiently, make transactions, and help them to work with expert advisors. The above-mentioned features help the traders to start trading different types of markets.

MT4 for Desktop

HFM MT4 trading platform was primarily developed for trading Forex, and the trader can use it to trade different types of financial instruments like spread betting and CFD trading. The trader will not be able to trade stocks, commodities, ETFs, and futures, or Metatrader 4 platforms except if they have spread bets or CFDs contracts.

MT4 Web Terminal

The MT4 web terminal of Metatrader 4 (MT4) is a user-friendly, cutting-edge trading platform that efficiently allows trading from the web browser directly without the trader needing to download additional software. Further, traders can place market orders or limit orders, and they can view their trading activity in the demo accounts and live accounts.

MT4 Android

The MP4 Android platform provides advanced charting and different types of premium trader tools, and it is an ideal choice for the trader who is on the go. The traders can view financial markets, technical analysis, market price movements, and execute orders without any problems. MT4 Android application requires the latest Android OS version 4.0.

MT4 iPhone Trader

The MT4 iPhone trader offered by HFM is highly compatible with iPhone, and it is designed specifically to provide the full advantage of the functionality for the trader to trade on the go either with a 3G connection or Wi-Fi. This helps the trader to execute trading wherever they are.

MT4 iPad Trader

The user of HFM can access the state-of-the-art user-friendly and easy-to-download HFM iPad Trader. This software is developed specifically with advanced features with the iPad Trader. The trader can access their account wherever they go. Further, this application needs iOS 4.2 or the latest.

MT4 Multiterminal

The MT4 multiterminal platform of HFM offers a more convenient and practical way to manage several accounts from a single interface. MP4 terminal users will find the trading environment familiar; MP4 provides greater functionality.

MT5 Platform

The MT5 platform of HFM is designed to suit the traders of different levels and on any device, for the traders to execute the right trading strategy at any time.

MT5 for Desktop

The MT5 platform of HFM provides all the best features of MT5 and adapts to the needs of the traders who would like to master the trading markets irrespective of their preferred trading style or assets. This user-friendly and powerful platform provides several features, superior support, advanced premium trader tools, and full control of the trades by enhancing their trading experience. The traders can get efficient trading of different types of markets with trading platforms globally.

MT5 WebTerminal

Using the MT5 WebTerminal implies that the traders need not download any additional software from their computer. They need to launch the WebTerminal on any browser, and they can start trading within seconds with all the functions just like a desktop platform.

MT5 Android

The MT5 platform offered by HFM includes Android options that can be used on a multi-asset variety of devices. The traders can take control of their accounts and explore markets, and trade with any of them. The trader can choose HFM Android and trade anywhere anytime on the go.

MT5 iPhone Trader

The trader should know that any perfect trading opportunity will not always happen when they are sitting in front of the computer. Hence to never miss a trade, the user can trade with MT5 iPhone trader, which is a fully functioning trading platform that offers advanced trading functions for those who would like to access trading accounts and execute trading options anywhere.

MT5 iPad Trader

The user can trade anywhere with the availability of the internet connection with MT5 iPad trader, which is easy to download and user-friendly. They can download the platform and enjoy an array of advanced trading tools that will allow them to access their account and master the markets.

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HFM Leverage

The trader can operate at HFM with floating or fixed leverage which is a useful tool, especially if the user trades a smaller lot. Using leverage offers an opportunity to increase the potential gains via the possibility to increase their balance in numerous ways. As per our HFM review, this platform provides various leverage levels starting from small to very high ratios. The trader should always know various high risks involved in the leverage as several retail trading accounts lose money rapidly due to high leverage. Leverage levels of HFM brokers are settled as per the regulatory requirements, according to the region and the finance level.

HFM Fees

HFM list of fees:-

Deposit Fees

As per several HFM reviews, this online broker does not charge any deposit fees. It is always better to review the deposit fees of the platform while a few forex brokers may take advantage of charging high fees when the trader deposits money to their trading account. This is because the payment method that is used to fund their account may charge a fee. This might be a fixed fee when they deposit a specific currency to their account. For example, while depositing funds through a credit card, the fees are quite high.

Withdrawal Fees

As per our HFM review, the withdrawal fees of HFM are based on the chosen withdrawal payment method by the user. Every broker has its own rules of how the funds should be withdrawn from their accounts. This implies different forex brokers offer different types of withdrawal methods and transfer processing fees, currency conversion fees, and processing times. The currency conversion fee is based on the base currency and the payment provider.

Inactivity Fees

This multi-asset broker does not charge an inactivity fee for the inactive accounts of the user. Further, several forex brokers expect a certain trading activity that is already specified in the terms and conditions of the accounts, which the traders need to fulfill.

Commission Fees

HFM does not charge commission on CFDs. Several brokers charge commission as a service charge for processing the buying and selling of the user’s financial transactions carried out to the trading account.

Deposit & Withdrawal Options

HFM provides a wide range of withdrawal and deposit methods, including credit and debit cards, bank wire transfers, numerous e-wallets like Trustly, Neteller, Skrill, and several others. These brokers Fees and processing times will vary, while deposits might take 10 minutes to 2 working days based on the methods used by the trader. Withdrawals are free and are processed in 24 hours when the request is submitted, and they will be processed from Monday to Friday.

HFM supports several ways to fund the trading account. As per several HFM reviews, these brokers provide 14 types of withdrawal and deposit options on the platform. Some of them include credit and debit cards, domestic transfers, wire transfers, cryptocurrency transfers to specific countries (not for Nigeria and Kenya residents), and several more.
Some of the withdrawal methods supported by HFM brokers are credit and debit cards, bank transfers, and e-wallets. Withdrawal fees are charged zero, and the trader need not worry about any additional fees. But wire transfers will involve some fees as per the bank and other international policies.

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HFM Promotions & Bonuses

As per our HFM review, here are the promotions and bonuses offered by the HFM broker platform:-

100% Supercharged Bonus

  • This bonus is applied to every deposit of $250 and more, which is automatically triggered and calculated.
  • Cash available for withdrawal or trading.
  • Maximum rebates of up to $8,000.
  • Earn daily cash rebates of $2/ lot sent directly to the account.
  • Leverage of underlying account prevails.

100% Credit Bonus

  • It offers a relaxed time limit to complete volume requirements.
  • Increases account leverage.
  • It makes the stop-out level on cash balance zero.
  • The investors can withdraw bonuses if the volume requirements are taken care of.

HFM Bonuses

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HFM Loyalty Program

As per several traders’ reviews, trading with this broker rewards its clients through the introduction of a tiered loyalty program that offers the users a chance to claim trading services and cash like advanced VPS, trading central, and one-to-one sessions with the market analysts of HFM. Using the HFM trading rewards loyalty program, the users can earn Bars (Points) for each qualifying round when they trade with gold, silver, and Forex. In these brokers, the number of bars awarded is raised according to the loyalty level that is achieved and the number of trading days active that is accumulated.

HFM brokers have four types of reward levels like red, gold, silver, and platinum. Users qualify for red trading rewards when they register on the program. If the user is more active, the trader accumulates more, and they can progress. The more they get bars, the more they will earn per lot traded. After actively trading in the brokers and accumulating enough bars, the users can choose to exchange them with Forex trading services or tools or for cash.

HFM Loyalty Program

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Resources Offered by HFM

As per the HFM review, it offers an Education center where it helps the traders learn about the forex market in simple terms. Using the education center, the users can understand the forex market, its basic strategies, an understanding how the forex brokers market works, and its dynamics. The education center is mainly a resource center for Forex, which is updated regularly. The main intention of HFM education center is to develop a library of various resources for their clients that can be accessed easily. It also provides presentations on important topics that add value by offering knowledge and tools that are required to trade the forex market with confidence.

The traders can also use the education resource center to update their knowledge about the forex market. HFM uses its resource center to update its clients on upcoming webinars and seminars. As with many brokers, It also seeks experienced traders to help in the forex market to provide their insights through interviews, answer sessions, and live sessions.

HFM Affiliate Program

As per our HFM review, it offers HF Affiliates – an affiliate program that caters to both online and offline affiliates by paying great commission for their clients referred to HFM. The forex broker provides the best and tailor-made commission structure for the products that help them to achieve the user’s revenue expectations.

Like many brokers, it has HFM Affiliates that target customers throughout the world; in this way, it makes sure that they stay with them for the long term. It also provides a great rewarding commission along with a multi-tier tracking system exclusively available for affiliates. When any new user or beginner decides to become an HFM Affiliate, the user will also benefit from the complimentary, promotional materials. HFM Forex broker supports its associates by helping them to unleash their trading potential and to grow their trading businesses.

HFM Mobile App

HFM offers a HFM mobile trading app that comes with both basic and advanced features for trading. HFM app permits the users to enter and exit positions through a one-touch plugin; also, the users can access technical charts over nine timeframes through their mobile screens. Like other brokers, it has an HFM app that offers more than 30 technical indicators which help the users to perform technical analysis professionally, without compromising their needs. Additionally, through the mobile trading app offered by HFM broker, the users can use this mobile version on the MT5 trading platform too.

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The brokers’ mobile app of MP5 is compatible with iOS and Android-based tablets and mobile devices. This HFM app offers all the features that are available on both desktop and web-based platforms. Through the market watch window, the users can view multiple financial instruments in real-time. Further, the broker charting tabs helps traders to analyze the different market analyses of various tradable instruments that are available in different time frames.

HFM Security Measures

The Forex broker provides the following security benefits:-

  • HFM has made several efforts to protect its user funds and their third parties through a civil liability insurance program with a limit of 5,000,000 Euros that covers coverage against omissions, errors, fraud, negligence, and other types of risks that lead to financial loss.
  • HFM provides negative balance protection against market volatility. The negative balance protection policy of HFM implies that under high volatile conditions when margin calls and stop-outs are not able to function properly, the client is not responsible for paying back a negative balance.
  • HFM has become a global leader that offers online trading specializing in derivatives and has the markets in the UK forex brokers and the US stocks, trading spot metals, commodities, and indices. Like many Brokers, it provides award-winning services to its clients and ensures that the client funds are highly secured.
  • HFM assesses several risk management and identifies, monitors the risks that are associated with their operations. Continually, it assesses the effectiveness of their arrangements, policies, and procedures every time.
  • HFM holds all its accounts with major banks, and with its strength, as a broker, it helps the company to offer liquidity through some of the global banks.
  • HFM segregates the client funds that they have received to their bank accounts and separates them from the company funds. Further, these funds are not added to the balance sheet, and they cannot be used for paying back their creditors if there is any event of the company going bankrupt.

HFM Security

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HFM Customer Support

One of the major points before choosing a broker is to check their customer support staff. HFM broker offers customer care in 27 languages that cover trading needs and permits customers from any country to get quality support and to trade as per their requirements. As per the HFM review, customer service is offered through phone, live chat, faqs, and email; email support is offered in a few languages. HFM customer service response time is quick, and it offers solutions effectively. Some of the supported languages of HFM broker are English, Chinese, Czech, Spanish, French, German, Italian, Portuguese, Romanian, Hindi, etc.

HFM Customer Support

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HFM Review: Wrap Up

To conclude, HFM is a well-established and experienced online broker that provides a regulated and secure trading environment that can be suitable for every trader. Their services and investment products can be tailor-made to specific requirements like offering different types of accounts, tools, platforms, and instruments. The traders can also choose a specific trading strategy.

The brokers’ users can access numerous trading instruments over commodities, forex pairs, shares, bonds, indices, and cryptocurrency CFDs. They are also offered a free demo account as well as an Islamic account. The user should know that having a reliable broker is important to the success of online trading; also, they should ensure that the broker meets the needs of their requirement to have a good experience and a profitable trading journey.

FAQs

Is HFM a Good Broker?

HFM complies with strict security standards, and it is regulated by FCA (Financial Conduct Authority) and several others. Hence it is considered a safe, legit, and good broker. HFM broker allows CFD trading, Forex trading, social trading, share dealing trading, and spread betting trading.

Is HFM Real or Fake?

HFM is not an ECN broker, and it is regulated by top-tier regulators like CySEC, FCA (financial conduct authority), FSCA, and the user’s funds that are deposited with HFM are safe. It follows strict security measures to safeguard against cyber threats and loss.

What Is the Minimum Deposit for HFM?

As per HFM’s brokers, the minimum deposit is $5.

How Long Does It Take to Withdraw Money From HFM?

The withdrawal time of HFM varies based on the payment method chosen by the trader. HFM processes the request within 48 hours, and the time taken for wire transfers and credit cards will take 2-10 working days.

How Much Can I Withdraw From HFM?

If the trader submits the withdrawal request before 10.00 a.m server time, they are processed on the same working day between 7:00 a.m to 5:00 p.m. Further, the trader can withdraw a maximum amount to the card per month is $5000.

How Long Does a HFM Deposit Take?

The trader can add funds to their account as low as $5 to make their first deposit. Further, the minimum requirement depends on the account type as well. Deposits can take 10 minutes to 2 working days based on the method used by the trader, and it does not apply deposit fees.

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