HF Markets Formerly Known as HotForex Review
Overall, HF Market formerly known as Hotforex is very competitive in terms of its trading fees and spreads. HF Market formerly known as Hotforex is a multi-regulated forex broker headquartered in Cyprus. HF Market formerly known as Hotforex is regulated by FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA. HF Market has a Trust Score of 85% out of 100. HF Markets is currently not regulated by the MFED, BoB, or NBFIRA of Botswana
- Louis Schoeman
Jump to:
Regulation and Safety of Funds
Account Types and Features
Account Registration
Trading Platforms
Range of Markets
Fees
Deposits and Withdrawals
Education and Research
Affiliate Program
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.8/5
Min Deposit
USD 5
Regulators
CySEC, FSC, CFTC
Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto
No
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
HF Markets formerly known as HotForex Review – 23 key points quick overview:
- ✅ HF Markets are formerly known as HotForex Overview
- ✅ HotForex At a Glance
- ✅ HF Markets are formerly known as HotForex Regulation and Safety of Funds
- HF Markets are formerly known as HotForex Awards and Recognition
- HF Markets formerly known as HotForex Account Types and Features
- How to open an Account with HF Markets formerly known as HotForex in Botswana
- HF Markets Vs GO Markets Vs easyMarkets – Broker Comparison
- HF Markets formerly known as HotForex Trading Platforms
- HF Markets formerly known as HotForex Range of Markets
- Broker Comparison for Range of Markets
- HF Markets formerly known as HotForex Trading and Non-Trading Fees
- HF Markets formerly known as HotForex Deposits and Withdrawals
- How to Deposit Funds with HF Markets formerly known as HotForex
- HF Markets formerly known as HotForex Fund Withdrawal Process
- HF Markets are formerly known as HotForex Education and Research
- HF Markets are formerly known as HotForex Bonuses and Promotions
- How to open an Affiliate Account with HF Markets formerly known as HotForex
- HF Markets Affiliate Program Features
- HF Markets are formerly known as HotForex Customer Support
- HF Markets are formerly known as HotForex Corporate Social Responsibility
- Our Verdict on HF Markets
- HF Markets formerly known as HotForex Pros and Cons
- FAQ
HF Markets are formerly known as HotForex Overview
👉 Overall, HF Markets (previously HotForex) is considered low-risk, with an overall Trust Score of 85 out of 100. HF Markets is licensed by one Tier-1 Regulator (high trust), four Tier-2 Regulators (average trust), and two Tier-3 Regulators (low trust). HF Markets offers five different retail trading accounts namely a Micro Account, Premium Account, HFCopy Account, Zero Spread Account, and an Auto Account.
👉 HF Markets accepts Botswanan clients and has an average spread from 0.0 pips with $6 to $8 commission round turn. HF Markets has a maximum leverage ratio up to 1:1000 and there is a demo and Islamic account available. MT4, MT5 and HF App platforms are supported. HF Markets is headquartered in Cyprus and regulated by FSCA, CySEC, DFSA, FSA, FCA, FSC, and CMA.
👉 HF Markets is a multi-asset broker that provides Forex and Commodities trading using CFDs. HF Markets provides access to unfettered liquidity, enabling any size or profile trader to choose from a variety of spreads and liquidity providers through automated trading platforms and the execution of any strategy.
👉 The fact that HF Markets is primarily interested in and influential in the African, Asian, and MENA areas provides some of the greatest prospects for global citizens.
👉 HF Markets provides its trading service in conjunction with the appropriate licenses that govern the Forex sector and hence provides trustworthy service. HF Markets was founded in 2010 with its headquarters in Cyprus, but the broker also provides services to other international locations.
👉 HF Markets has a deeply ingrained sense of social responsibility and the belief that they must assist the less fortunate. When the chance presents itself, HF Markets responds by aggressively providing aid. Contributing to local communities via charity contributions and other social projects is a part of their job.
👉 This HF Markets review for Botswana will provide local retail traders with the details that they need to consider whether HF Markets is suited to their unique trading objectives and needs.
HF Markets Distribution of Traders
👉 HF Markets currently has the largest market share in these countries:
➡️ South Africa – 94.8%
➡️ Nigeria – 2.54%
➡️ United States – 0.77%
➡️ Morocco – 0.74%
➡️ Netherlands – 0.27%
Popularity among traders who choose HF Markets
👉 HF Markets is a popular broker in Africa overall and while it does not dominate the derivatives market in Botswana, HF Markets is one of the Top 10 brokers for Botswanan traders regardless of their trading experience or unique trading styles.
HotForex At a Glance
| 🏛 Headquartered | Cyprus |
| 🌎 Global Offices | Seychelles, South Africa, Dubai, UK, Kenya |
| 🏛 Local Market Regulators in Botswana | • Ministry of Finance and Economic Development (MFED) • Bank of Botswana (BoB) • Non-Bank Financial Institutions Regulatory Authority (NBFIRA) |
| 💳 Foreign Direct Investment in Botswana | 115.89 BWP Million in 2021 |
| 💰 Foreign Exchange Reserves in Botswana | 5270 USD Million in 2021 |
| ✔️ Local office in Gaborone? | No |
| 👨⚖️ Governor of SEC in Botswana | None, Moses Dinekere Pelaelo is the Governor of the Bank of Botswana |
| ✔️ Accepts Botswana Traders? | Yes |
| 📊 Year Founded | 2010 |
| 📞 Botswana Office Contact Number | None |
| 📱 Social Media Platforms | • Facebook • YouTube • Telegram |
| ⚖️ Regulation | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA |
| 1️⃣ Tier-1 Licenses | • Financial Conduct Authority (FCA) |
| 2️⃣ Tier-2 Licenses | • Financial Sector Conduct Authority (FSCA) • Cyprus Securities and Exchange Commission (CySEC) • Capital Markets Authority (CMA) • Dubai Financial Services Authority (DFSA) |
| 3️⃣ Tier-3 Licenses | • Financial Services Authority (FSA) • Financial Services Commission (FSC) |
| 🪪 License Number | • South Africa – FSP 46632 • Cyprus – 183/12 • Dubai – F004885 • Seychelles – SD015 • United Kingdom – 801701 • Mauritius – 094286/GBL • Kenya – CMA license 155 |
| ⚖️ MFED, BoB, or NBFIRA Regulation | No |
| ✔️ Global Restrictions | • France ACPR – 53684 • Germany BaFin – 132342 • Hungary MNB – K8761153 • Italy CONSOB– 3673 • Norway – FT00080085 • Spain CNMV – 3427 • Sweden FI – 31987 • Austria FMA • Bulgaria FSC • Croatia HANFA • Czech Republic CNB • Denmark Finanstilsynet • Estonia FSA • Finland FSA • Greece HCMC • Iceland FME • Central Bank of Ireland • Latvia FKTK • Liechtenstein FMA • Lithuania Lietuvos Bankas • Luxembourg CSSF • Malta MFSA • Poland KNF • Portugal CMVM • Romania ASF • Slovakia NBS • Slovenia ATVP |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 5 |
| ✔️ PAMM Accounts | No |
| 💻 Liquidity Providers | Barclays UK, BNP Paribas, and others |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Market |
| 📊 Starting spread | 0.0 pips |
| 📉 Minimum Commission per Trade | $3 to $4 |
| 💰 Decimal Pricing | 5th decimal pricing after the comma |
| 📞 Margin Call | Between 40% to 50% |
| 🛑 Stop-Out | Between 10% and 20% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | 60 lots |
| ✅ Crypto trading offered? | Yes |
| ✔️ Offers a BWP Account? | No |
| 📉 Dedicated Botswana Account Manager? | No |
| 📈 Maximum Leverage | 1:1000 |
| 📊 Leverage Restrictions for Botswana? | No |
| 💳 Minimum Deposit (BWP) | 60 BWP or an equivalent to $5 |
| ✔️ Botswana Pula Deposits Allowed? | Yes |
| 📊 Active Botswana Trader Stats | 250,000+ |
| 👥 Active Botswana-based Hotforex customers | Unknown |
| 🔁 Botswana Daily Forex Turnover | Unknown, Forex overall is $6.6 Trillion |
| 💰 Deposit and Withdrawal Options | • Bank Wire Transfer • Electronic Transfer • Credit Card • Debit Card • Skrill |
| 💻 Minimum Withdrawal Time | 10 Minutes |
| ⏰ Maximum Estimated Withdrawal Time | 10 business days |
| 💳 Instant Deposits and Instant Withdrawals? | No |
| 🏛 Segregated Accounts with Botswana Banks? | No |
| 📱 Trading Platforms | • MetaTrader 4 • MetaTrader 5 • HF App |
| 💻 Tradable Assets | • Forex • Precious Metals • Energies • Indices • Shares • Commodities • Cryptocurrencies • Bonds • Stocks DMA • ETFs |
| ✔️ Offers USD/BWP currency pair? | No |
| 📊 USD/BWP Average Spread | None |
| ✅ Offers Botswana Stocks and CFDs | No |
| 💻 Languages supported on the Website | English, Portuguese, Spanish |
| ☎️ Customer Support Languages | Multilingual |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/5 |
| 📞 Botswana-based customer support? | No |
| 💸 Bonuses and Promotions for Botswanans? | No |
| 📚 Education for Botswanan beginner traders | Yes |
| 📱 Proprietary trading software | Yes |
| 🤝 Most Successful Trader in Botswana | Unknown |
| ✔️ Is Hotforex a safe broker for Botswana Traders? | Yes |
| 🎖 Rating for HotforexBotswana | 9/10 |
| 🥇 Trust score for Hotforex Botswana | 85% |
| 👉 Open Account | 👉 Open Account |
HF Markets are formerly known as HotForex Regulation and Safety of Funds
HF Markets Regulation in Botswana
👉 HF Markets formerly known as HotForex is globally regulated and while accepting Botswanan traders, HF Markets does not have any local regulations in Botswana.
HF Markets Global Regulations
👉 The HF Markets formerly known as HotForex of businesses is comprised of the following firms, and HF Markets is the trading brand of the HF Markets Group of companies:
➡️ HF Markets SA (PTY) Limited, is a company that is officially registered in South Africa (2015/341406/07).
➡️ HF Markets (Europe) Limited is an organization with its headquarters in Cyprus and its registration number listed as HE 277582.
➡️ HF Markets (DIFC) Ltd is regulated in Dubai under F004885 by the Dubai Financial Services Authority (DFSA).
➡️ HF Markets (Seychelles) Limited is a well-established entity that is licensed and registered in Seychelles under 8149176-1.
➡️ HF Markets (UK) Ltd is based in the United Kingdom and is regulated by the Financial Conduct Authority under reference number 801701.
➡️ HF Markets Limited has a Category 1 Global Business no. C110008214 and a Company registration number of 094286/GBL. Both these license and registration numbers can be found on the Mauritius government website.
➡️ HFM Investments Limited is a licensed dealer in Kenya under CMA 155.
👉 HF Markets formerly known as HotForex is regulated and permitted to do business in a variety of worldwide countries by the market regulators listed below, along with their respective license numbers:
➡️ South Africa: The Financial Sector Conduct Authority (FSCA), as a Financial Service Provider (FSP), with the license number 46632.
➡️ Cyprus: The Cyprus Securities and Exchange Commission (CySEC) has a cross-border license, holding license number 183/12. Additionally, HF Markets is a participant on the Committee of the European Securities and Markets Authority (commonly known as ESMA).
➡️ Dubai: HF Markets (DIFC) Ltd is authorized by the Dubai Financial Services Authority (DFSA), which also regulates the company under the number F004885.
➡️ The Republic of Seychelles: HF Markets (Seychelles) Ltd is licensed by the Seychelles Financial Services Authority (FSA) under license number SD015, and its registration number is 8419176-1.
➡️ The United Kingdom: HF Markets (UK) Ltd has license number 801701 from the Financial Conduct Authority (FCA), which ensures that the company adheres to all applicable regulations.
➡️ Mauritius: HF Markets Ltd. is authorized by the Financial Services Commission (FSC) of Mauritius to do business under the C11000814 (Global Business Number) and the 094286/GBL corporate registration.
➡️ Kenya: HFM Investments Limited is a Kenyan-based entity that is regulated and authorized by the Capital Markets Authority (CMA) under license number CMA 155.
👉 Additional registrations that HF Markets formerly known as HotForex owns on a worldwide scale include some of the following, with the complete comprehensive list being accessible on the official website for HF Markets formerly known as HotForex:
➡️ France – Autorité de Contrôle Prudentiel et de Résolution (ACPR)
➡️ Germany – Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) – 132342
➡️ Hungary – Magyar Nemzeti Bank (MNB) – K8761153
➡️ Italy – Commissione Nazionale per le Società e la Borsa (CONSOB) – 3673
➡️ Norway – Finanstilsynet – FT00080085
➡️ Spain – Comisión Nacional del Mercado de Valores (CNMV) – 3427
➡️ Croatia – Hrvatska agencija za nadzor financijskih usluga (HANFA)
➡️ Greece – Ελληνική Επιτροπή Κεφαλαιαγοράς (HCMC)
➡️ Lithuania – Lietuvos Bankas
➡️ Malta – Malta Financial Services Authority (MFSA)
➡️ Poland – Komisji Nadzoru Finansowego (KNF)
➡️ Slovakia – Národná Banka Slovenska (NBS), and many more.
HF Markets formerly known as HotForex Client Fund Security and Safety Features
👉 HF Markets formerly known as HotForex always maintains client money in separate accounts at the most reputable financial institutions. In addition to this, the broker additionally has a Civil Liability insurance policy with a maximum limit of five million Euros.
👉 This program provides coverage against mistakes, carelessness, omissions, fraud, and other hazards that might expose traders to the risk of loss. Other risks that are covered include fraud.
👉 Another risk management technique that is provided by HF Markets is known as negative balance protection, and this feature is included with all retail trading accounts.
👉 The negative balance protection that is provided by HF Markets is applicable regardless of the volatility of the market, particularly in situations where margin calls and stop-outs may fail. This protection ensures that clients are exempt from paying back their brokers if their accounts go into a negative.
HF Markets formerly known as HotForex Awards and Recognition
👉 Over its years in operation, HF Markets formerly known as HotForex has collected several highly prestigious titles from well-respected awarding bodies from around the globe, including some of the following:
➡️ 2021 – Best Forex Broker in Nigeria (International Finance Awards)
➡️ Top 100 Companies (World Finance Magazine)
➡️ Best Multi-Asset Broker Globally (Pan Finance) in 2021
➡️ Forex Trading Platform of the Year (Business Day)
➡️ Best Forex Broker Asia (Global Business Review Magazine) in 2021
HF Markets formerly known as HotForex Account Types and Features
👉 There is a selection of trading accounts available to choose from at HF Markets. These accounts are designed to accommodate various levels of trading expertise, levels of trading experience, and trading styles. The following types of retail investor accounts are provided by HF Markets:
➡️ Micro Account
➡️ Premium Account
➡️ HFcopy Account
➡️ Zero Spread Account
➡️ Auto Account
| 💻 Live Account | 📉 Minimum Dep. | 📊 Average Spread | 💰 Commissions | 💸 Average Trading Cost |
| ➡️ Micro | 60 BWP/$5 | 1 pip | None | 10 USD |
| ➡️ Premium | 1,600 BWP/200 AUD | 1 pip | None | 10 USD |
| ➡️ HFCopy | • Follower: 1,200 BWP ($100) • Provider: 3,700 BWP ($300) | 1 pip | None | 10 USD |
| ➡️ Zero Spread | 2,400 BWP/$200 | 0.0 pips | None | 7 USD |
| ➡️ Auto | 2,400 BWP/$200 | 1 pip | None | 10 USD |
HF Markets formerly known as HotForex Live Trading Accounts
Micro Account
👉 Beginner traders who wish to trade in lesser quantities may consider opening a micro account since this form of account is ideal for them. Beginner traders are allowed to trade with smaller position sizes thanks to the Micro Account.
👉 Traders from Botswana also have the option of registering with a need for a smaller minimum initial payment.
| Account Feature | Value |
| 📉 Minimum Deposit Requirement | 60 BWP or an equivalent to $5 or 70 ZAR |
| 📊 Spreads | 60 BWP or an equivalent to $5 or 70 ZAR |
| 💻 Trading Platform | MetaTrader 4, MetaTrader 5 |
| 🔨 Trading Instruments | All |
| ➡️ Execution | Market Execution |
| 📈 Maximum Leverage Ratio | 1:1000 |
| 📉 Minimum Trade Size | 0.01 lot |
| 📊 Maximum Trade Size | 7 Standard Lots (100,000 base currency) |
| 📱 Maximum Open Orders | 150 lots (Simultaneous) |
| 📞 Margin Call (%) | 40% |
| 🛑 Stop-Out (%) | 10% |
| 💻 Base Account Currencies | USD, ZAR, NGN |
| 👥 Personal Account Manager | Yes |
| 💳 Commission Charges | None |
| ✔️ Bonuses Offered | Flexible bonus offering |
Premium Account
👉 This sort of account is ideal for retail traders who have previous trading expertise. The overall limit for a single transaction is set at 60 standard lots, which is one of the primary features of this account. In addition, the overall position size is variable, which is one of the other important qualities.
| Account Feature | Value |
| 📉 Minimum Deposit Requirement | 1,200 BWP or an equivalent to $100 or R1,400 |
| 📊 Spreads | From 1 pip EUR/USD |
| 💻 Trading Platform | MetaTrader 4, MetaTrader 5 |
| 🔨 Trading Instruments | All |
| ➡️ Execution | Market Execution |
| 📈 Maximum Leverage Ratio | 1:500 |
| 📉 Minimum Trade Size | 0.01 lot |
| 📊 Maximum Trade Size | 60 Standard lots per position |
| 📱 Maximum Open Orders | 300 lots |
| 📞 Margin Call (%) | 50% |
| 🛑 Stop-Out (%) | 20% |
| 💻 Base Account Currencies | USD, ZAR, NGN |
| 👥 Personal Account Manager | Yes |
| 💳 Commission Charges | None |
| ✔️ Bonuses Offered | Flexible bonus offering |
HFcopy Account
👉 Both Strategy Followers and Strategy Providers (SPs) will find that this account type meets their needs. SPs can register for this sort of account to build an inventory of followers. This gives them the ability to trade with their followers and earn a Performance Fee of up to 50%.
👉 Followers may use this account to deposit cash and to automatically replicate transactions on specified SPs. Those who do so will be able to automatically duplicate trades.
| Account Feature | Value |
| 📉 Minimum Deposit Requirement | 1,200 BWP or an equivalent to $100 |
| 📊 Spreads | From 1 pip EUR/USD |
| 💻 Trading Platform | MetaTrader 4 |
| 🔨 Trading Instruments | Forex, Spot Indices, Gold, Spot Energies, BTC/USD, BTC/EUR |
| ➡️ Execution | Market Execution |
| 📈 Maximum Leverage Ratio | 1:400 |
| 📉 Minimum Trade Size | 0.01 lot |
| 📊 Maximum Trade Size | 60 Standard lots per position |
| 📱 Maximum Open Orders | 300 lots |
| 📞 Margin Call (%) | 50% |
| 🛑 Stop-Out (%) | 20% |
| 💻 Base Account Currencies | USD |
| 👥 Personal Account Manager | Yes |
| 💳 Commission Charges | None |
| ✔️ Bonuses Offered | None |
Zero Spread Account
👉 The active Botswanan trader, the high-frequency trader, the day trader (such as a scalper), and expert advisors are the types of traders who would benefit most from this account since it offers cost-effective trading solutions.
👉 Raw spreads are provided by reliable liquidity sources and this account does not add any additional markups to the spreads in any way.
| Account Feature | Value |
| 📉 Minimum Deposit Requirement | 2,400 BWP or an equivalent to $200 or R2,800 |
| 📊 Spreads | 0.0 pips on Forex Major currency pairs |
| 💻 Trading Platform | MetaTrader 4, MetaTrader 5 |
| 🔨 Trading Instruments | All |
| ➡️ Execution | Market Execution |
| 📈 Maximum Leverage Ratio | 1:500 |
| 📉 Minimum Trade Size | 0.01 |
| 📊 Maximum Trade Size | 60 Standard lots per position |
| 📱 Maximum Open Orders | 500 lots |
| 📞 Margin Call (%) | 50% |
| 🛑 Stop-Out (%) | 20% |
| 💻 Base Account Currencies | USD, ZAR, NGN |
| 👥 Personal Account Manager | Yes |
| 💳 Commission Charges | From between $3 for Major Forex Pairs and $4 on other instruments per lot traded |
| ✔️ Bonuses Offered | None |
Auto Account
👉 Traders that use this sort of account will have access to automated trading as well as algorithmic trading. Any kind of trader who wishes to subscribe to trading signals, whether they cost money or are provided for free, may utilize this account to do so.
👉 In addition, the MQL5 community, which can be found on the HF Markets Botswana MetaTrader 4 platform, is the source from which these signals are derived, which means that they are reliable.
| Account Feature | Value |
| 📉 Minimum Deposit Requirement | 2,400 BWP or an equivalent to $200 or R2,800 |
| 📊 Spreads | From 1 pip EUR/USD |
| 💻 Trading Platform | MetaTrader 4 |
| 🔨 Trading Instruments | Forex, Spot Indices, Gold, Spot Energies, BTC/USD, BTC/EUR |
| ➡️ Execution | Market Execution |
| 📈 Maximum Leverage Ratio | 1:500 |
| 📉 Minimum Trade Size | 0.01 |
| 📊 Maximum Trade Size | 60 Standard lots per position |
| 📱 Maximum Open Orders | 300 lots |
| 📞 Margin Call (%) | 50% |
| 🛑 Stop-Out (%) | 20% |
| 💻 Base Account Currencies | USD |
| 👥 Personal Account Manager | Yes |
| 💳 Commission Charges | None |
| ✔️ Bonuses Offered | None |
HF Markets Base Account Currencies
👉 When registering for a live trading account, Botswanan traders can choose either USD or ZAR as the account’s base currency. Because HF Markets does not accept BWP as a base currency, Botswanans may incur conversion costs while depositing or withdrawing cash.
HF Markets formerly known as HotForex Demo Account
👉 A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital.
👉 The demo account that HF Markets provides to its Botswanan traders may be used for one of two purposes: novice traders can use it to get experience trading without risking any real money, and more experienced traders can use it to evaluate the effectiveness of their trading methods.
👉 Traders from Botswana can open a demo account with HF Markets on any of the following account types: Micro, Premium, Auto, and HFcopy.
HF Markets Islamic Account
👉 Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.
👉 This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.
👉 When Muslim traders keep their positions open overnight in their HF Markets Islamic Account, they will not be charged interest since this account is consistent with Sharia law and operates per Islamic principles.
👉 HF Markets gives its Muslim customers the option to convert any of the live trading accounts they have into an Islamic Account, which allows them to engage in halal trading without any constraints.
How to open an Account with HF Markets formerly known as HotForex in Botswana
👉 To register an account with HF Markets, Botswana Traders can follow these steps:
➡️ Navigate to HF Markets’ official website and select the option to register from the homepage.
➡️ Complete the online application and include your complete name, phone number, email address, and birthdate. In addition, you may decide whether the account’s base currency will be USD, NGN, or ZAR.
➡️ After completing this process, you will gain access to the MyHF dashboard. This is the administrative centre for a demo, live, and other accounts.
➡️ Select your account type from the available account options and upload all Know Your Customer (KYC) documents through the MyHF portal. To be accepted as a retail trader, HF Markets required at least two documents namely proof of identity and proof of residence.
➡️ Proof of Identification can be a coloured scanned copy (in PDF or JPG format) of your current (not expired) passport. If a legitimate passport is not available, a picture identification card or driver’s license with a comparable design can suffice.
➡️ A bank statement or utility bill serves as acceptable proof of address. The papers you supply should not be older than six months, and they should prominently indicate your name and physical address.
➡️ Botswanan traders must note that the name on the Proof of Identification paper and Proof of Address document must match.
➡️ You can submit your documents immediately from the myHF section. Alternatively, you can also scan and email them to the Back Office email address provided on the HF Markets website.
➡️ Once complete, you will be required to fill out a brief questionnaire to enable HF Markets to evaluate your financial standing and trading expertise.
➡️ After completing this step, we were prompted to make the minimum deposit necessary for your selected account using one of HF Markets’ deposit options.
HF Markets Vs GO Markets Vs easyMarkets – Broker Comparison
| 🥇 HotForex Markets | 🥈 GO Markets | 🥉 easyMarkets | |
| ⚖️ Regulation | FSCA, CySEC, DFSA, FSA, FCA, FSC, and CMA with registration in ACPR, BaFin, MNB, CONSOB, CNMV, FI, FMA, FSC, and other regions | ASIC, FSA Seychelles, FSC Mauritius, CySEC | BVI FSC, CySEC, ASIC, FSA |
| 📱 Trading Platform | • MetaTrader 4 • MetaTrader 5 • HF App | • MetaTrader 4 • MetaTrader 5 | • easyMarkets Platform • MetaTrader 4 • MetaTrader 5 • TradingView |
| 💰 Withdrawal Fee | No | No | No |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 60 BWP | 1,600 BWP | 300 BWP ($25) |
| 📊 Leverage | 1:1000 | Up to 1:500 | Up to 1:400 |
| 📊 Spread | 0.0 pips | From 0.0 pips | Fixed, 0.03 USD |
| 💰 Commissions | $3 to $4 | From US$2.50 | None |
| ✴️ Margin Call/Stop-Out | • 40%/10% • 50%/20% | 80%/50% | 70%/30% |
| 💻 Order Execution | Market | Instant | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | No | No |
| 📈 Account Types | • Micro Account • Premium Account • Nigeria HFcopy Account • Nigeria Zero Spread Account • Auto Account | • Standard Account • GO+ Account | • Standard Account • Premium Account • VIP Account |
| ⚖️ CBN Regulation | No | No | No |
| 💳 NGN Deposits | Yes | No | Yes |
| 📊 Botswanan Naira Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/5 | 24/5 |
| 📊 Retail Investor Accounts | 5 | 2 | 3 |
| ☪️ Islamic Account | Yes | No | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | 60 lots | 250 lots | 50 lots |
| 💰 Minimum Withdrawal Time | 10 Minutes | Instant | Instant |
| 📊 Maximum Estimated Withdrawal Time | 10 business days | 1 to 3 business days | Up to 5 Days |
| 💸 Instant Deposits and Instant Withdrawals? | No | Yes | Yes |
HF Markets formerly known as HotForex Trading Platforms
👉 HF Markets offers Botswana Traders a choice between these trading platforms:
➡️ MetaTrader 4
➡️ MetaTrader 5
➡️ HF App
Desktop Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
MetaTrader 4
👉 The most extensively used electronic trading platform nowadays is MT4. A good place to start for individuals new to internet trading, but with ample features for more seasoned investors as well.
👉 In addition to its user-friendly interface, MT4 is noted for its wide range of trading tools and other resources. More than 50 built-in indicators and tools make it easy to do in-depth technical analysis on a wide variety of assets over several periods.
👉 Custom indicators and automated trading systems (expert advisors) may be constructed using the built-in MetaEditor in the MQL4/5 programming language. An online community of traders and analysts is also a reliable source of information.
👉 Live price quotations are shown on the market watch window, with news feeds incorporated directly into MT4, and real-time client account summaries include account balances and equity, margins, and floating profits/losses. In addition, MT4 allows one-click trading and different order types.
MetaTrader 5
👉 MT5 provides you with all the advantages that MT4 did, in addition to several additional features. These features include the ability to examine 100+ charts concurrently, greater order management tools, 21 distinct timeframes, 100+ technical indicators, and more.
👉 MT5 is a robust platform that is simple to use, and it gives you complete control over your transactions to improve your overall trading experience.
WebTrader Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
MetaTrader 4
👉 Any web browser can be used to access the MT4 online terminal, which offers the same user-friendly interface and powerful trading tools as the MT4 desktop platform.
👉 Because of this, you will not have to worry about downloading, setting up, or running any other supplementary software, and you will be able to trade from any location around the globe if you have access to the internet.
👉 Other advantages include the ability to trade right from the charts, real-time quotations, and charts that may be customized.
MetaTrader 5
👉 You will have access to all the same capabilities on the MT5 online terminal as you do on the MT5 desktop terminal, with the exception that you will not be required to download, install, or execute any software.
👉 You only need to run the web terminal from any computer and browser to begin trading in a matter of seconds using all the same features that are available on the MT5 desktop platform.
Trading App
➡️ MetaTrader 4
➡️ MetaTrader 5
MetaTrader 4
👉 Both Android and iOS-based mobile devices may use the MT4 mobile terminal successfully. It is tailored to facilitate trading while on the go while retaining all its capabilities.
👉 If you have access to the internet, you can easily log into your account and carry out your trading activity regardless of where you are or when you do it. The MT4 mobile app may be downloaded for free from the app stores that are relevant to it.
MetaTrader 5
👉 With the MT5 mobile terminal installed on your Android or iOS smartphone or tablet, you will have complete command over your trading account.
👉 Traders that require quick and easy access to their accounts while they are on the go, no matter where they are in the globe, may benefit from using this platform. You can place traders, maintain positions, and do chart analysis. Additionally included are signals for push notifications.
HF App
👉 The HF app gives users access to the HF Markets client area as well as live streaming market prices, news, and market analysis. Other trading tools are accessible from inside the app, as is a library of instructional content that may assist you in gaining knowledge even when you are not at your computer.
👉 Another feature of the HF App is that Botswanan traders can access HFcopy seamlessly through the mobile trading app. Traders may use HFcopy to send signals to their followers, which the followers can then copy automatically to their trading accounts.
👉 Signal providers can earn a performance fee, but followers have complete authority over their trading accounts and are free to choose and modify the traders they are following whenever they want.
👉 However, Botswanan traders must note that the performance of a signal in the past is in no way a guarantee of its performance in the future.
HF Markets formerly known as HotForex Range of Markets
👉 Botswana Traders can expect the following range of markets from HF Markets:
➡️ More than 50 currency pairings, including major, minor, and exotic currency pairs.
➡️ Access to precious metals and spot metals, including Palladium, Platinum, Silver, and Gold.
➡️ 2 Spot Energies and Future Energies, including Brent Oil from the United Kingdom and Crude Oil from the United States
➡️ 11 Spot Indices and Futures Indices, including the AUS200, GER40, UK 100, and US Tech 100, among others.
➡️ Over 71 Individual Stocks
➡️ 5 Commodities consisting of Sugar, Cocoa, Coffee, Copper, and Cotton.
➡️ 15 Cryptocurrencies, among them ZCash, Monero, XRP, Stellar, TRON, OmiseGo, Bitcoin, Ethereum, and Litecoin.
➡️ 3 bonds, including the Euro Bund, the United Kingdom Gilt, and the United States 10-year Treasury Note.
➡️ Over 900 DMA Stocks
➡️ 34 Exchange-Traded Funds
| 🔨 Instrument | 💰 Number of Assets Offered | 📈 Max Leverage Offered |
| ➡️ Forex | 53 | 1:500 |
| ➡️ Precious Metals | 6 | • Gold: 1:200 • Silver: 1:100 • Platinum: Floating • Palladium: 1:20 |
| ➡️ ETFs | 34 | 1:5 |
| ➡️ Stock DMA | 901 | 1:5 |
| ➡️ Indices | 24 | 1:200 |
| ➡️ Stocks | 23 | 1:14 |
| ➡️ Cryptocurrency | 19 | 1:50 |
| ➡️ Energies | 4 | 1:66 |
| ➡️ Bonds | 3 | 1:50 |
| ➡️ Agricultural Commodities | 5 | 1:66 |
Broker Comparison for Range of Markets
| 🏅 HotForex | 🥈 GO Markets | 🥉 easyMarkets | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | Yes | Yes |
| ➡️️ ETFs | No | No | No |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | Yes | No | Yes |
| ➡️️ Options | No | No | No |
| ➡️️ Energies | Yes | Yes | Yes |
| ➡️️ Bonds | Yes | No | No |
HF Markets formerly known as HotForex Trading and Non-Trading Fees
Spreads
👉 A trader’s account type, the market circumstances, and the financial instrument they choose to trade all affect the spreads they may anticipate from HF Markets. These are the typical spreads by account type:
➡️ Micro Account – from 1 pip
➡️ Premium Account – from 1 pip
➡️ HFcopy Account – from 1 pip
➡️ Zero Spread Account – from 0.0 pips
➡️ Auto Account – from 1 pip
👉 According to the financial instruments offered by HF Markets, traders can expect these average spreads:
| Instrument | Average Spread |
| ➡️ EUR/USD | 1.3 pips |
| ➡️ NZD/USD | 1.9 pips |
| ➡️ XAG/USD | 0.03 pips |
| ➡️ XAU/USD | 0.25 pips |
| ➡️ US OIL Spot | 0.09 pips |
| ➡️ US OIL Futures | 0.11 pips |
| ➡️ US Tech 100 Spot | 2.03 pips |
| ➡️ US Tech 100 Futures | 3.13 pips |
| ➡️ Volatility Index SP 500 (VIX.F) | 0.14 pips |
| ➡️ APPLE (NASDAQ – APPLE) | 0.5 pips |
| ➡️ Commodities | From 0.008 (Copper) |
| ➡️ BTC/USD | 26 pips |
| ➡️ Bonds | From 0.05 pips to 0.06 pips |
Commissions
👉 Commissions at HF Markets are clear and competitively cheap when compared to those of other FX and CFD brokers. For major currency pairings, Botswanan traders should anticipate charges of $3; for other financial products, they can expect costs of $4.
Overnight Fees, Rollovers, or Swaps
👉 Botswanan traders should note the following conditions associated with overnight fees:
➡️ Individual stock swaps are updated daily based on market circumstances and the rates provided by price suppliers. All positions are subject to these swaps, and on Wednesdays, there are triple swaps.
➡️ Swaps for precious metals are updated every day in response to changes in the market and the rates received by price suppliers. Botswanan traders who keep positions open must note that triple swaps will be applied on Wednesdays. In addition, the swaps for both XAU and XAG are indicated as 1 pip per lot.
➡️ Market circumstances and prices provided by price providers are used to alter energy swaps daily. There are triple swaps on Wednesdays and USOil and UKOil swaps are in US Dollar values. Traders should be aware of this information.
➡️ All these instruments have their swap rates modified every day per market circumstances and the rates acquired by price providers, including indices, bonds, DMA stocks, ETFs, and cryptocurrencies. All positions are subject to these swaps, and there are quadruple swaps on Fridays.
👉 Some typical overnight fees that Botswanan traders can expect are as follows:
| 🔨 Instrument | 🔁 Swap Short | 📊 Swap Long |
| EUR/USD | 0.1 pips | -5.8 pips |
| XAG/USD | -0.07 pips | -0.4 pips |
| XAU/USD | -0.55 pips | -4.15 pips |
| US OIL Spot | -4.35 pips | 0.23 pips |
| US OIL Futures | -0.53 pips | -2.0 pips |
| US Tech 100 Spot | -1.07 pips | -0.85 pips |
| US Tech 100 Futures | 0.0 pips | 0.0 pips |
| Volatility Index SP 500 (VIX.F) | 0.0 pips | 0.0 pips |
| APPLE (NASDAQ – APPLE) | -2.93 pips | -4.57 pips |
| Copper | -0.53 pips | -1.58 pips |
| BTC/USD | -6000.0 pips | -6000.0 pips |
| Bonds | -0.53 pips | 0.0 pips |
| DMA Stocks NASDAQ | -2.93 pips | -4.57 pips |
| DMA Stocks Netherlands | -4.33 pips | -3.17 pips |
| DMA Stocks France | -4.33 pips | -3.17 pips |
| DMA Stocks UK | -2.81 pips | -4.69 pips |
| DMA Stocks NYSE | -2.93 pips | -4.57 pips |
| DMA Stocks Germany | -4.33 pips | -3.17 pips |
| DMA Stocks Ireland | -4.33 pips | -3.17 pips |
| DMA Stocks Spain | -4.33 pips | -3.17 pips |
| ETFs | -2.93 pips | -4.57 pips |
Deposit and Withdrawal Fees
👉 All the deposit and withdrawal methods supported by HF Markets are free of charge. On the other hand, bank wire transfer fees do not apply to deposits of more than $100.
👉 Deposits under 1,200 BWP, or the equivalent of 100 USD at the current exchange rate between the USD and BWP, could be subject to fees if made by Botswanan traders by bank wire.
Inactivity Fees
👉 There is an additional $5 monthly fee that will be levied to a live trading account that has been inactive for six months or more until the account balance hits zero and the account is cancelled.
Currency Conversion Fees
👉 Because HF Markets only accepts deposits and withdrawals in USD and ZAR, Botswanan traders using Botswanan Pula could be charged currency conversion costs.
HF Markets formerly known as HotForex Deposits and Withdrawals
👉 HF Markets offers the following deposit and withdrawal methods:
➡️ Bank Wire Transfer
➡️ Electronic Transfer
➡️ Credit Card
➡️ Debit Card
➡️ Skrill
Broker Comparison: Deposit and Withdrawals
| 🥇 HotForex | 🥈 GO Markets | 🥉 easyMarkets | |
| Minimum Withdrawal Time | 10 Minutes | Instant | Instant |
| Maximum Estimated Withdrawal Time | 10 business days | 1 to 3 business days | Up to 5 Days |
| Instant Deposits and Instant Withdrawals? | No | Yes | Yes |
HF Markets Deposit Currencies, Deposit and Withdrawal Processing Times, Minimum Withdrawal Amount and Maximum Deposit Amounts
| 💳 Payment Method | 💰 Deposit Currencies | 🔁 Deposit Processing | 💳 Withdrawal Processing | 📈 Max Deposit | 📉 Min Withdrawal |
| Bank Wire Transfer | USD, ZAR | 2 to 7 working days | 2 to 10 working days | Unlimited | 100 USD |
| Electronic Transfer | USD, ZAR | Up to 10 min | Up to 2 working days | 10,000 USD | 10 USD or 70 ZAR |
| Credit Card | USD, ZAR | Up to 10 min | 2 to 10 working days | 10,000 USD | 5 USD |
| Debit Card | USD, ZAR | Up to 10 min | 2 to 10 working days | 10,000 USD | 5 USD |
| Skrill | USD, ZAR | Up to 10 min | Up to 10 Min | 10,000 USD | 5 USD |
How to Deposit Funds with HF Markets formerly known as HotForex
👉 To deposit funds to an account with HF Markets, Botswana Traders can follow these steps:
➡️ Once a Botswanan trader has signed into their myHF account, they will have the ability to pick the option to deposit, after which they will be able to select the preferred payment method.
➡️ Traders are then able to specify the number of their deposits and the currency of their deposits.
➡️ Traders may, as the last step, provide their payment service providers with any extra information that may be required to confirm and complete the deposit.
HF Markets formerly known as HotForex Fund Withdrawal Process
👉 To withdraw funds from an account with HF Markets, Botswana Traders can follow these steps:
➡️ Log onto your myHF portal.
➡️ From the list of available choices, choose “Fund Withdrawal.”
➡️ To initiate a withdrawal, choose a withdrawal method and then enter the desired withdrawal amount.
➡️ As the last step, ensure that you complete and send in the withdrawal request according to any further instructions provided by the payment provider of your choice.
HF Markets formerly known as HotForex Education and Research
Education
👉 HF Markets offers the following Educational Materials:
➡️ HF Markets Educational Videos
➡️ Training Course Videos
➡️ Forex Education
➡️ eCourses
➡️ Live Webinars
➡️ Events
➡️ Podcasts
Research and Trading Tools
| 🥈 HotForex | 🥈 GO Markets | 🥉 easyMarkets | |
| ➡️ Economic Calendar | Yes | Yes | Yes |
| ➡️ VPS | Yes | Yes | Yes |
| ➡️ AutoChartist | Yes | Yes | No |
| ➡️ Trading View | No | Yes | Yes |
| ➡️ Trading Central | No | Yes | Yes |
| ➡️ Market Analysis | Yes | Yes | Yes |
| ➡️ News Feed | Yes | Yes | Yes |
| ➡️ Blog | Yes | Yes | Yes |
👉 HF Markets offers Botswana Traders the following Research and Trading Tools:
➡️ HF App
➡️ VPS Hosting Services
➡️ Premium Trader Tools
➡️ AutoChartist Tools
➡️ Trading Calculators
➡️myHF Client Area
➡️ Advanced Insights
➡️ Economic Calendar
➡️ Traders’ Board
➡️ Auto Trading through MQL5
➡️ Forex News presented by FXstreet
➡️ One-Click Trading
➡️ Events
➡️ HF Markets Exclusive Analysis
HF Markets formerly known as HotForex Bonuses and Promotions
👉 HF Markets offers Botswana Traders the following bonuses and promotions:
➡️ Free Funding
➡️ Contests including Traders Awards, HF Markets Gadget Giveaway, Demo Contest, Trading Contests, Currency Wars Contest
➡️ Loyalty Program
➡️ 50% Welcome Bonus for Micro Accounts
➡️ 100% Supercharged Bonus applied to a range of accounts
➡️ 30% Rescue Bonus
➡️ 100% Credit Bonus
How to open an Affiliate Account with HF Markets formerly known as HotForex
👉 To register an Affiliate Account, Botswana Traders can follow these steps:
➡️ Go to the HF Markets website that is officially sanctioned.
➡️ To get further knowledge about the Affiliate Program, go to “Affiliates” on the main toolbar, and then click on the link labelled “About HF Affiliates.”
➡️ Learn more about the many kinds of Affiliates that HF Markets is willing to work with, and then get started by clicking on the green banner that says, “Become an Affiliate.”
➡️ Select the kind of affiliate you want to be, whether it is an individual or a corporation.
➡️ Please provide your personal information by filling in the blanks in the necessary areas.
➡️ After that, finish filling out the part under “Business information” by giving information about your affiliate experience, the estimated number of current clients, the projected deposits from existing clients, and how you find your customers.
➡️ Finish the section on Program information by choosing “Yes” or “No” under the HFM Revenue Share heading.
➡️ Before you sign up for the affiliate program, make sure that you have familiarized yourself with the HF Markets Affiliates Agreement, Terms and Conditions, and Privacy Policy. This should be done before you register for the program.
HF Markets Affiliate Program Features
👉 HF Markets, a broker that has won several awards, is well-known for its transparency, honesty, and provision of services that are at the forefront of its business to both its traders and its affiliates.
👉 Individuals from all corners of the world are encouraged to sign up for our prestigious affiliate program, which goes by the name HF Affiliates. HF Markets offers generous reward programs as well as a multi-tier affiliate monitoring system to ensure that its associates stick around for the long term.
👉 If an affiliate signs up for the HF Affiliate program, they will be eligible to receive comprehensive marketing support and promotional materials, along with prompt, on-demand help from a department that is specifically devoted to assisting affiliates.
HF Markets formerly known as HotForex Customer Support
👉 HF Markets provides exceptional customer service that is centred on the needs of the customer and is accessible through a variety of contact methods around the clock, five days a week.
| Customer Support | HotForex’s Customer Support |
| ⏰ Operating Hours | 24/5 |
| 🗣 Support Languages | English, Japanese, Vietnamese, Chinese, Arabic, Hindi |
| 🗯 Live Chat | Yes |
| 📧 Email Address | Yes |
| ☎️ Telephonic Support | Yes |
| 📞 Local Support in Botswana? | No |
| 🥇 Overall quality of HotForex Support | 4.7/5 |
HF Markets formerly known as HotForex Corporate Social Responsibility
👉 The HF Markets Group was founded on the principle that it is their moral obligation to aid individuals who are struggling. The management and personnel of HF Markets Group of Companies have a long tradition of engaging in charitable giving over the long term.
👉 HF Markets, which is known as a corporation that places a strong emphasis on its social responsibility, contributed significant amounts of money in the past to the World Health Organization’s attempt to battle the Covid-19 epidemic.
👉 In addition to working tirelessly across the globe, the HF Markets team played a key role in limiting the pandemic’s effect on susceptible regions by leading and coordinating operations.
👉 HF Markets Group made a philanthropic contribution to the worldwide non-profit organization known as The Rainforest Alliance to support the efforts of Indigenous people to put out the fires that have ravaged the Amazon rainforest, which is colloquially known as the “lungs of the Earth.”
👉 This donation was made possible by the Rainforest Alliance’s efforts to aid in the mitigation of the fires that have ravaged the Amazon rainforest.
👉 As a method of demonstrating its commitment to the community, HF Markets gave a sizeable gift to the Larnaca Lions Club, the regional chapter of the Lions Club International.
👉 As part of the philanthropic work that HF Markets has done during this year, the company has provided financial help to dozens of young people.
👉 In 2017, the staff at HF Markets made it possible for a select group of young people to celebrate the holiday season by giving them cash aid and positive reinforcement. Larnaca, which is the company’s hometown and is in Cyprus, was inundated with gifts and toys.
Our Verdict on HF Markets
👉 Because of its commitment to complete openness and the high standard of information, it maintains for both new and current customers, HF Markets distinguishes out from the competition.
👉 In addition to a detailed analysis of the expenses, margin requirements, and minimum deposits connected with each account type, this section also offers extensive information on the richness of trading information accessible on the website.
👉 Traders who value flexibility in terms of minimum account balances, fees, spreads, and enough liquidity will like the diversity of alternatives that this market-making provider has to offer. Traders may choose from several different possibilities.
👉 Botswanan users who are already familiar with MT4 or MT5 and want the convenience and utility of enhanced trading tools and valuable investor resources should consider using HF Markets as their platform of choice because of the additional tools that can be used in conjunction with these industry-standard platforms.
HF Markets formerly known as HotForex Pros and Cons
| ✔️ Pros | ❌ Cons |
| HF Markets is globally recognized as a trusted brand and destination for trading solutions | USD and ZAR are the only accepted deposit currencies, which means that BWP deposits and withdrawals could face currency conversion fees |
| HF Markets offers tight, competitive spreads across all account types and financial instruments | NGN, ZAR, and USD are the only base currencies offered on trading accounts |
| Botswanan traders can choose from five dynamic account types to suit their unique needs and objectives | There are limited deposit and withdrawal options and no local payment methods for Botswanan traders |
| HF Markets is perfect for both beginner and professional traders | |
| There are a plethora of advanced trading tools offered to more experienced Botswanan traders | |
| There are demo accounts and Islamic account options offered | |
| There is a range of educational materials offered to inexperienced traders who are starting their trading journey | |
| There is a choice between MetaTrader 4 and 5 along with the proprietary HF App for iOS and Android |
FAQ
Is HF Markets regulated?
Yes, HF Markets is well regulated in South Africa (FSCA), Cyprus (CySEC), the United Kingdom (FCA), Dubai (DFSA), Seychelles (FSA), Mauritius (FSC), and Kenya (CMA).
Is HF Markets good for beginners?
Yes, HF Markets is good for beginners. There are five different account types available with HF Markets, which is more than most other brokers provide. The Micro Account is appropriate for novice traders because of the minimal minimum deposit required, while the ZERO Spread Account is geared at traders with more expertise.
Is HF Markets an ECN broker?
Yes, HF Markets is both an ECN and STP broker and as a hybrid broker, HF Markets offers full transparency and some of the tightest spreads in the industry.
What is the withdrawal time with HF Markets?
The withdrawal time with HF Markets ranges from 10 minutes on electronic and bank cards up to 10 days on bank wire transfers.
Is HF Markets safe or a scam?
HF Markets is safe. HF Markets is a low-risk and high trust broker with a trust score of 85 out of 100. HF Markets is regulated by one Tier-1 regulator (FCA), 4 Tier-2 regulators (FSCA, CySEC, CMA, DFSA), and 2 Tier-3 Regulators (FSA, FSC).
Can I trade indices on HF Markets?
Yes, with HF Markets you can trade derivatives featured on major indices that are spread across global equity markets.
What type of broker is HF Markets?
HF Markets is a Forex and CFD broker that was established in 2010 and has gained considerable popularity in African countries, including Botswana.
Does HF Markets have Volatility 75?
Yes, HF Markets is one of few brokers who offer Volatility 75. With HF Markets you can trade VIX as a futures contract.
Does HF Markets have Nasdaq?
Yes, HF Markets offers CFDs on Indices such as Nasdaq.
Conclusion
👉 Now it is your turn to participate:
➡️ Do you have any prior experience with HF Markets?
➡️ What was the determining factor in your decision to engage with HF Markets?
➡️ Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?
➡️ Have you experienced any issues with HF Markets such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
👉 Regardless, please share your thoughts in the comments below.
Addendum/Disclosure:
👉 No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
