How to Sign Up and Deposit Money at HFM

Sep 22, 2024

How to Sign up at HFM

How to Sign up HFM Account

The process of opening an account at Hot Forex is simple.

Visit the website Hot Forex.com or click here.

The demo account allows you to trade risk-free by providing you with access to HFM MT4 and MT5 trading platforms, and unlimited demo funds.
The live account allows you to open an account with real money to start trading straight away. You simply choose the account type that best suits you, complete the online registration, submit your documents and you are set to go. We advise you to read the risk disclosure, customer agreement and terms of business before you start trading.

In both cases a myHF area will be opened. MyHF area is your client area from where you can manage your demo accounts, your live accounts and your finances.

Firstly, You’ll need to go through the registration procedure and get a personal area. Enter your valid email, full name and the required info as below. Make sure to check that the data is correct; it will be needed for verification and a smooth withdrawal process. Then press on the “Register” button.

Registration successfully, an email confirmation link will be sent to your email address.

Press "Activate Account". As soon as your email address is confirmed, you will be able to open your first trading account.

Let’s go through the second option. You need to complete your Profile and press "Save and Continue"

Demo Account

Your practice gateway to the world of trading

The HFM Demo Account has been designed to closely simulate a real trading environment based on actual market conditions. Our belief that the Demo trading environment must reflect the Live trading environment as closely as possible, is completely in line with our core values of Honesty - Openness - Transparency, and ensures a seamless transition when opening a Live Account to trade on the real market.

Gain the trading experience you need and enter the market with confidence.
Advantages of a Demo Account:

Unlimited usage
Real market conditions
Test trading strategies
Access to trade with the MT4 and MT5 Terminal and Webtrader
Up to $100,000 virtual opening balance

To open a Demo account, Press "My Account" - "Open Demo Account"

You can choose MT4 or MT5, Check the checkbox and Press "Open Demo Account"

After that, you can use the login detail as below to login MT4 and Trade with Demo Account

Input Login ID, Password and Server.

Trading MT4 WebTerminal

Real Account

To open a Real account, Press "My Account" - "Open Trading Account".

Fund your myHF Wallet and start Trading

How to Deposit Money to HFM

Hot Forex Android App

If you have an Android mobile device you will need to download the official Hot Forex mobile app from Google Play or here. Simply search for “Hot Forex – Trading Broker” app and download it on your device.

The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems with trading and transferring funds. Moreover, Hot Forex trading app for Android is considered to be the best app for online trading. Thus, it has a high rating in the store.

Hot Forex iOS App

If you have an iOS mobile device you will need to download the official Hot Forex mobile app from App Store or here. Simply search for “Hot Forex – Trading Broker” app and download it on your iPhone or iPad.

The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems with trading and transferring funds. Moreover, Hot Forex trading app for IOS is considered to be the best app for online trading. Thus, it has a high rating in the store.

FAQ of Account Opening

What is the difference between a myHF account and a trading account?

Your myHF account is your wallet, which is automatically created when you register with HFM. It can be used to make deposits, withdrawals and internal transfers to and from your trading accounts. Through your myHF area you can also create your live trading accounts and demo accounts.
Note: You can log in to your myHF account only from the website or using an App.
A trading account is a Live or Demo account you create through your myHF area in order to trade any asset available.
Note: You can log in to your Live / Demo trading account only on the platform or the WebTerminal.

How do I log in to the trading platform?

You will need to use the login details you have received on your registered email address after creating a Live or Demo trading account.

You will need to enter:

Trading Account number
Trader’s password
Server. Note: We kindly inform you that you can use the server IP address should the required server not be available. You will need to copy the Server IP address manually and paste it in the Server field.

Do I have to provide any documents to HFM to open an account?

For Live accounts we need at least two documents to accept you as an individual client:
- Proof of Identification - current (not expired) coloured scanned copy (in PDF or JPG format) of your passport. If no valid passport is available, please upload a similar identification document bearing your photo such as National ID card or Driving licence.
- Proof of Address - a Bank Statement or Utility Bill. Please ensure however, that documents provided are not older than 6 months and that your name and physical address is clearly displayed.

Important Note: The name on the Proof of Identification document must match the name on the Proof of Address document.

You can conveniently upload your documents directly from your myHF area; alternatively you can also scan them and send them to [email protected]

Your documents will be checked by the verifications department within 48 hours. Kindly note, any deposits will be credited to the account only after your documents have been approved and your myHF area is fully activated.

What leverage is applied to my account?

Leverage available for HFM trading accounts is up to 1:1000 depending on the account type. For further details please go to our Account Types page on our website.

How to Deposit Funds at HFM

Deposits Methods

Along with that great options that allowing you to choose the most convenient option, there is a specified minimum deposit amount that is determined by the payment method you choose. So always make sure to verify this info as well, also don’t hesitate to consult HFM customer support and define all issues according to an entity or regulatory rules etc.

Typically you can top-up account from 5$
Fast transactions 24/5 during the standard trading hours.
Deposit Fees: HFM does not apply any deposit fees.

How do I Deposit?

1. Login to myHF area and then press “Deposit"

2. Choose a suitable payment system and click on it.

3. Choose the currency, type the amount of money you want to deposit and press "Deposit"

4. Enter your Bank Card Detaild as needed and press "Pay"

5. Deposit Successfully

Transaction Processing and Security of Funds

Deposits are credited to myWallet only. To transfer funds to your trading account please proceed with an Internal Transfer from myWallet.

The Company is not liable for potential losses that may occur as a result of market moves during the time your deposit is being approved.

HFM does not collect store or process any personal credit or debit card information
All payment transactions are processed through our independent international payment processors.

HFM shall not accept deposits from any third party to the Customers account.

HFM does not accept cheque payments.

Deposits are processed 24/5 between 00:00 Server Time Monday - 00:00 Server Time Saturday.