Welcome to our HFTrading review, where we explore the several facets of this CFD platform, which offers you the opportunity to trade several financial products in a user-friendly way. The platform is a subsidiary of CTRL Investments in New Zealand.
The company is under regulation and authorized by the New Zealand Financial Markets Authority and the Australian Securities and Investment Commission.
They have many trading instruments available via one of the most popular trading platforms, Metatrader 4.
HFTrading is available to only New Zealanders and Australians. They do not offer their services to residents in any other countries or jurisdictions not covered by New Zealand or Australia.
The local laws and regulations where you come from could be different, but you should always check to make sure that the broker you use is regulated and legally allowed to operate in your country.
HFTrading Review: Trading Tools
Included in their service, is the MT4 platform. The platform is an award-winning, powerful, and sophisticated way for you to trade. It comes with many trading tools that millions of traders the world over, use.
You can perform your trades from your desk at any time that you wish to do so. The mobile trading application is useful for when you are on the road or in a hurry and cannot access the desktop terminal.
HFtrading does not provide you with standalone trading tools because they feel like there are enough tools available on the trading platforms. This is more than enough for retail traders. If you would like to have additional tools, the MQL marketplace in MT4 is a great way to get started.
HFTrading Review: Trading Instruments
With HFTrading, you will have access to an impressive 750+ trading instrument assets, forex pairs, cryptocurrency, indices, energies, stocks, commodities, and more. This broker has a variety that will help you diversify your portfolio and be able to do more.
All of this includes CFDs as well, in case you would like to try your hand at trading them.
HFTrading Accounts and Fees
It does not matter what your level of experience is, you can pick an account type that matches the way you trade. They have accounted for beginners and experienced traders as well, the main difference between these accounts is that they have different spreads and leverage offered.
There is a financing fee, which is the rollover interest charged when you want to hold forex positions overnight. The trading accounts and fees are as shown below.
|For beginners||For advanced traders||For pro traders|
|750+ assets||750+ assets||750+ assets|
|Minimum of 250 NZ/AU dollars deposit||Minimum of 250 NZ/AU dollars deposit||Minimum of 250 NZ/AU dollars deposit|
|7 min spreads||5 min spread||3 minimum spreads|
|0% commission||0% commission||0% commission|
|1:200 max leverage||1:400 maximum leverage||1:500 maximum leverage|
|Swap account 25%||Swap account 50%|
All the accounts offer you the choices you need so that you can look at your bank account and match what you have with the account that would be most suitable for you.
HFTrading Deposit and Withdrawal
With HFtrading, you will have a variety of ways to get your money in and out of the account. They take deposits through bank wire, credit/debit cards, and other online payment systems like Skrill and Neteller.
Some of the fees charged during the payment methods are from bank transfers. Check with their customer care to get the full picture. Speaking of customer care, it is time to look at what you can get in terms of care when working with this company.
HFTrading Customer Service
HFTrading has a dedicated team who are always available to help you with any questions or hardships that you may have in your trading journey. They will answer all technical or account-based questions you may have for them.
They are available Monday to Friday, but only from 8 am to 11 pm GMT. So, plan your calls into HFTrading accordingly.
HFTrading Details Overview
|Established: 2018||Website: https://www.HFTrading.com|
|Address: DJCA Ltd, Level 3, 50 Victoria Street, Christchurch Central, Christchurch, 8013, NZ.||Minimum to Open Live: $250|
|Available only to: New Zealand and Australia||Regulators: New Zealand Financial Markets Authority (FMA) and Australian Securities and Investments Commission (ASIC)|
|Maximum Leverage: 1:500||Regional Offices: None.|
|Mobile Trading: Enabled.||ECN: Not available.|
|Trading Platforms: MT4.||Currencies: Over 50.|
|Robots: None.||Cryptocurrencies: Available.|
|Scalping: Allowed.||CFD: Available|
|Minimum Trade Size: 0.01||Web Trading: Enabled|
|Deposit Methods: Credit cards, E-Wallet and Wire Transfer.||Withdrawal Methods: Credit cards, E-Wallet and Wire Transfer.|