HFTrading is a New Zealand based trading website and is operated by CTRL Investments Limited, a nation registered financial firm which is licensed by top governing bodies, FMA and ASIC. Further, the firm provides CFD trading in more than 350 assets at no extra or hidden charge, accessible via the account types, namely, silver, gold, and platinum. The organisation also offers swap-free Islamic and demo service account.
The markets covered by HFTrading are stocks, indices, metals, commodities, currency pairs, and cryptocurrencies. All the products are available for trading with the trading platform, Meta Trader4, accessible through the web, desktop, and mobile versions.
Here, we’ll briefly read the hftrading review and see if the broker is really profitable or not? It would include the investment firm’s top features and services.
HFTrading Scam or Legit Broker?
Two major financial governing bodies regulate the New Zealand based broker, namely, Financial Market Authority (FMA) with license number FSP197465 and Australian Securities and Investment Commission (ASIC) bearing regulation number AFSL 414198. Further, the trading site, hftrading, operated under the firm CTRL Investment Ltd., which is a registered company having authorised number 2446590 and ARBN 152 535 085 in New Zealand and Australia, respectively.
Apart from the regulation, HFTrading also works under Investor Compensation Funds (ICF), MiFID, and EU, which makes sure that no client encounters any fraud activity. ICF also protects the user interest by providing funds insurance up to 20,000 euros and baring the brokerage firm to use customer account money in any mishap case, like bankruptcy.
Overall, the broker is safe to trade, highly regulated, and works under many finance governing bodies.
Most Profitable Deals with HFtrading
HFTrading Commissions and Fee: The broker provides a variety of trading products at a below-average price as compared to other counterparts. There is no charge on trading any financial instrument with Hftrading, and they only earn through their low spreads. The spread charges start from as low as 0.03 but vary according to the time of trade, account, and instrument.
Some of the other fee with HFtrading are inactivity, withdrawal penalty, and overnight swap charges. Inactivity fee only applies when a trader doesn’t execute an order for 60 days continuously. Withdrawal charge is applicable to some cases like insignificant amount request or taking out funds before executing two orders.
Education: The trading site provides top quality content on its education portal, with its material massively improving trader’s knowledge and skill set. Every investor, from beginner to advance level, would find something useful in their portal, and the material is free for all. It includes:
Short & long videos to explain topics briefly
- Webinars, on the internet, to conduct workshops by investing experts.
- Offline workshops by finance analysts
- Books covering all the significant topics fully
- Segregated courses for advance, intermediate, and beginner-level investors
- Write-ups, journals, and blogs on relevant & trending titles.
Research
HFtrading provides excellent research tools which include an economic, earnings calendar, and news & analysers. The tools aid investors in making better trading decisions and rate anticipation. All the research tools are updated every three months; details of some tools are:
Economic Calendar: Economic calendar lists the crucial information for upcoming financial events and is updated every three months. The list includes the date, time, place, and name of the event. Further, the traders can gain important knowledge from the experts at events.
Earnings Calendar: The calendar lists down the date of prominent organisations releasing their financial reports, which includes profit, revenue, earnings, statements, ratios, and more. It is also updated every three months and investors can take the benefit from the information or by predicting prices. It includes firms like Google, Amazon, Apple, Facebook, and many more.
HFtrading Trading Products:
The trading broker offers around 350+ financial products for investment at low cost and has no charge to execute orders on any trade. The firm covers assets from markets like shares, currency pairs, crypto, commodities, and indices. However, note that HFtrading only offers CFD trading option and not the actual possession of any product. Here is some detail about different trading assets:
| Symbol | Description | Trading Hours | Spreads (Starting From) | Leverage (Maximum) | |||
| Currency Pairs | |||||||
| EURUSD | Euro vs US Dollar | 24H | 0.7 | 500 | |||
| GBPUSD | Great Britain Pound vs US Dollar | 24H | 1.3 | 500 | |||
| USDJPY | US Dollar vs Japanese Yen | 24H | 0.8 | 500 | |||
| AUDUSD | Australian Dollar vs US Dollar | 24H | 1.1 | 500 | |||
| Cryptocurrencies | |||||||
| ADA USD | Cryptos | 00:00-23:59 | floating | 1:2 | |||
| BABUSD | Cryptos | 00:00-23:59 | floating | 1:2 | |||
| BSVUSD | Cryptos | 00:00-23:59 | floating | 1:2 | |||
| BTCEUR | Cryptos | 00:00-23:59 | floating | 1:2 | |||
| Commodities | |||||||
| Brent Oil | Brent Crude Oil (ICE-EUR) | 03:00 – 01:00 | 0.03 | 125 | |||
| Cocoa | Cocoa (ICE-US) | 11:45 – 20:30 | 30 | 125 | |||
| Coffee | Coffee (ICE-US) | 11:25 – 20:30 | 0.3 | 125 | |||
| Copper | Copper (CME) | 01:00 – 00:15 | 0.0041 | 125 | |||
| Shares | |||||||
| 3M | 3M Company. NYSE (USA) | 16:30-23:00 | 0.21 | 50 | |||
| ADOBE | Adobe Systems Incorporated, NYSE(USA) | 16:30-23:00 | 0.21 | 50 | |||
| AIG | American International Group Inc. NYSE (USA) | 16:30-23:00 | 0.21 | 50 | |||
| Alcoa | Alcoa Inc. NYSE (USA) | 16:30-23:00 | 0.21 | 50 | |||
| Indices | |||||||
| CAC 40 | CAC 40 Index Future (Euronext) | 09:00 – 23:00 | 1.45 | 20 | |||
| China Enterprise 40 | China H-Shares Index Futures (HKE) | 04:00 – 07:00 & 08:15 – 11:25 | 1.3 | 10 | |||
| DAX 30 | DAX 30 Index Future (Eurex) | 09:00 – 23:00 | 1 | 20 | |||
| Metals | |||||||
| XAGUSD | Silver vs US Dollar | 01:00 – 24:00 | 0.037 | 10 | |||
| XAUUSD | Gold vs US Dollar | 01:00 – 24:00 | 0.37 | 20 | |||
| PALLADIUM | Palladium (USD) | 01:00 – 24:00 | 0.58 | 10 | |||
| PLATINUM | Platinum (USD) | 01:00 – 24:00 | 3.1 | 10 | |||
Technological Advantages
HFtrading Withdrawal & Deposits: The investment venture has several “deposit and withdrawal payment” options like bank wire transfer, debit/credit cards, and E-wallets like Skrill & Neteller. The processing time for deposits with HFtrading is instant while the same is 3-5 business working days for withdrawals. Apart from it, there is no charge to take out or add funds, but some conditional charges may apply.
For instance, if a customer requests a withdrawal before trading two transactions, then there might be a penalty of $50 for him. Here are some of the top payment methods with HFtrading:
- Skrill
- Neteller
- Wirecard
- SSL
- PaySafe
- VISA
- VPay
- Mastercard
- Maestro
HFtrading Leverage:
The maximum margin provided by HFtrading is 1:500 but is available only for professional account holders. The maximum leverage available to a retail trader is 1:30, which is the maximum limit allowed by the EU and offering more than this is against the Union’s rules.
The leverage also varies according to account type and type of asset.
HFtrading Customer Service:
The New Zealand based brokerage firm offers above-average customer service to clients, from Monday to Friday, 24/5. The support provided by assistants is quick, rational, and polite. All the queries were resolved, with response time less than a minute. You can contact the HFtrading team via:
Live Chat: Available 24/7 to contact the hftrading team
Telephone: +6448895407
Email: [email protected]
Contact us Form: to resolve the issues not solved with customer assistance
Feedback Form: To feedback the firm, management, and the team about your experience with any of the related hftrading activities.
HFtrading Trading Platform:
The venture provides trading services via the widely recognised Meta Trader4 platform, which is used by most brokers today. There are several tools available and other services with the platform, including:
- One-Click trading,
- Supports 11+ languages,
- 30+ technical signals & indicators (which can further increase with the help of plugins),
- Nine timeframe chart, available for 1 minute to 1 month period in real-time,
- Tools for risk management,
- Access to the MQL market,
- 24+ tools for drawing analysis,
- Price alerts on the telephone via popups, SMS, and email.
- 20+ analysers for technical examination.
- Multiple chart windows to compare various assets
- Real-time balance level
- Automatic Stop Loss/Take Profit functions
- In-platform price alerts
- 1-click account switching
- Inherent platform support
- Live chat
HFtrading Account Opening Process:
The organization’s account opening process is easy and simple to understand. It is a straightforward five-step procedure that includes:
Step 1: Form Filling: The first step is to go to the broker website, www.hftrading.com, and click on the top right corner button, Open Account. Fill the required form, asking you basic details like name, email, and phone number.
Step 2: Fill Questionnaire: The next step is to fill the questionnaire to verify your identity. It includes personal and financial information, such as income, date of birth, and bank balance.
Step 3: Upload Documents: Now, you are required to update the needed documents to support your information. It includes some of your identity proofs, address proofs, and bank statement.
Step 4: Deposit Funds: The next step is to add funds to your account through any of the payment gateways. The available options include bank transfer, cards, and E-wallets, such as Skrill, Neteller, and VPay.
Step 5: Start Trading: The final step is to start investing. You can choose among HFtrading’s 350+ trading products.
HFtrading Types of Accounts:
HFtrading provides three different account types, namely, silver, gold, and platinum, which offer varied services. The platinum account provides most services, with the silver type most suitable for beginners and gold for professionals. Apart from these retail account types, the broker also offers free demo services and professional accounts.
SILVER ACCOUNT
- Amount of FX leverage
1:30 (Retail + Pro clients) - Fifth decimal
- Tradable assets: 350+
- Execution Type: Market
- Automated Trading: Yes
- Spreads: starts from 0.07 pips
- Platforms: WebTrader, Mobile Trader
Available base currencies EUR/USD, GBP/USD USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
GOLD ACCOUNT
- Amount of FX leverage: 1:400/500 (Professionals)
- Fifth decimal
- Dedicated account manager
- Swap discount up to 25%
- Tradable assets: 350+
- Execution Type: Market
- Hedging
- Automated Trading: Yes
- Spreads: starts from 0.05 pips
- Platforms: WebTrader, Mobile Trader
- Available base currencies EUR/USD, GBP/USD USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
PLATINUM ACCOUNT
- Amount of FX leverage: 1:400/500 (Professionals)
- Commission: 0 USD
- Fifth decimal
- Dedicated account manager
- Swap discount up to 50%
- Tradable assets: 350+
- Execution Type: Market
- Free VPS
- Hedging
- Automated Trading: Yes
- Spreads: starts from 0.03 pips
- Platforms: WebTrader, Mobile Trader
- Investment news updates
- Available base currencies EUR/USD, GBP/USD USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
(For Professional Investors)
- PRO Account
Personalized
VIP
Account for Professional Traders
Note that the company offers exclusive Islamic accounts but only for the individuals following Shariah too.
HFtrading Broker Pros and Cons
| Advantages |
Disadvantages |
| Dual Financial Regulation (ASIC & FMA) | No United States clients accepted |
| Three Account Types |
No Meta Trader 5 Platform |
| Funds Protected by SSL and encryptions | |
| Excellent Customer Service |
Final Thought on Trading with HFTrading
So, these were the reasons why trading with HFTrading is profitable! Overall, HFTrading is safe and worth the price trading website and the brokerage firm provides more than 350 financial assets at no commission or charge and jaw-dropping spreads. Further, there are several benefits, including education, research, trading platforms, and customer service, but the best ones are free demo service account, high leverage, and accessible UI/UX.
