HF Markets Loyalty Program is specially designed to benefit active traders, such as scalpers and day traders.
HF Markets Loyalty Program provides instant, ongoing benefits for all active traders. You can enjoy lots of attractive perks simply by trading every day in HF Markets, including free VPS for months. Are you interested? Read on to learn the ins and outs.
HF Markets Loyalty Program
- Tagline: There are 4 different reward levels! The more active trading days you accumulate, the more HFM Bars you'll earn for each round-turn lot you trade!
- Validity period: The campaign started on 3 May 2016, and it will run indefinitely or until HF Markets decides to terminate it.
- Eligibility: The loyalty program is available for all HF Markets clients with the exception of PAMM accounts, demo accounts, and contest accounts. HF Markets Affiliates and Introducing Brokers are also eligible to join this program, but they cannot earn any HFM Bars from Refer-a-Friend feature.
Where to Find the Information on the Official Broker Site?
- This information is reported per Mar 28 2023.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore HF Markets homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
How to Join HF Markets Loyalty Program?
- You have to own a live trading account with HF Markets. If you haven't, please register here. It's so quick and simple that you'll be done in minutes.
- Log in to your myHF area. Register your account to the HFM Trading Rewards program. By registering your account with the program, all subsequent activity in the account will increase your loyalty points (HFM Bars).
- Upon account approval, deposit a minimum of USD300/EUR250/JPY30,000 to your account in order to get 100 HFM Bars.
- Trade on your account as usual. HFM Bars are granted for closed CFD trades on Forex, Gold, Silver, Stocks DMA, and ETFs only, that were open for more than 5 minutes and have a difference of more than 5 pips between open and close prices. HF Markets will calculate your HFM Bars once a day in accordance with your level. Here's the list of trading rewards.
- You can also refer up to five friends regardless of whether those referrals are successful or not. Add the name and email address of your referral to the Refer-a-Friend tab in myHF area. If your referral actually opens an account and trades at least 1 standard round turn lot, you will obtain 170 HFM Bars.
How to Increase My Level?
You can boost your level by accumulating active trading days (calendar days). In HF Markets loyalty program, all clients start at Red level. After 31 trading days, you will be promoted to Silver. Double that and you will go to Gold. The last level, Platinum, can be enjoyed after 105 active trading days.
Beware that you may be demoted to the lowest levels if you accumulate 30 inactive trading days consecutively. An inactive trading day is described as a calendar day during which you have not opened/closed an eligible trade. Log in to your myHF area to see your cumulative active/inactive trading days.
What Rewards Can I Get By Accumulating HFM Bars?
HF Markets offers plenty of great deals, including cash rewards, credit bonus, Autochartist subscriptions, free VPS packages, and many more. Here's the list of rewards you can exchange by accumulating HFM Bars:
You can redeem your favorite rewards in myHF area. All requests will be settled within four business days.
An important reminder: Of all the rewards, credit bonus may seem the most appealing as it can increase your free margin significantly. However, there are many additional conditions you have to fulfill in order to get it. Read the detailed T&C on myHF area or contact customer service to learn whether you are eligible.
HF Markets is an award-winning forex and commodities broker. Established since 2010, the company provides trading services and facilities to both retail and institutional clients. For more than 9 years in business, HF Markets has around 1,500,000 live accounts opened and 200 employees globally.
Based on its services, HF Markets can be regarded as middle-class category. Clients do not need to prepare a big deposit for joining to trade with this broker. Also, there are various account types, trading software, and tools to facilitate individuals and institutional customers to trade forex and CFD online.
HF Markets is a registered brand name of HF Markets (Europe). Based on the location, the company is regulated by various financial regulators. Here are the details:
- HF Markets (SV) Ltd, registered in St. Vincent & the Grenadine as an International Business Company with the registration number 22747 IBC 2015.
- HF Markets (Europe), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with Licence Number 183/12.
- HF Markets SA (PTY), is authorized and regulated as a Financial Service Provider (FSP) by the Financial Sector Conduct Authority (FSCA) in South Africa, under license number 46632.
- HF Markets (Seychelles), 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.
- HF Markets (DIFC) Ltd, authorized and regulated by the Dubai Financial Services Authority (DFSA) under license number F004885.
- HF Markets (UK) Ltd, authorized and regulated by the Financial Conduct Authority (FCA) under firm reference number 801701.
If traders have more experienced, knowledgeable, and sophisticated trading environment, they can join to become Professional Clients, who can manage and assess their own risks. For that reason, these kinds of clients are granted access to more favorable rates but afforded lesser regulatory protections than retail clients.
Trading with HF Markets can enable traders to access a variety of trading instruments like CFDs on Forex, Cryptocurrencies, spot metals (gold, silver, and others), energies (oil and gas), commodities (such as coffee, copper, and sugar), indices, bonds, and popular shares such as Google, Apple, and Facebook.
HF Markets offers some of the tightest spreads in the market, starting from 0 pips in Zero Account. This broker quote major foreign exchange currency pairs to five decimal places. Therefore, traders have the opportunity to get more accurate pricing and the best possible spreads.
HF Markets receives numerous highly prestigious titles, including the huge honor of being ed to join the ranks of the World Finance Top 100 Global Companies. Others are Best Client Funds Security Global by Global Brands Magazine, Best Global Forex Copy Trading Platform by Global Forex Awards 2019, Fastest Growing Forex Broker Mena 2019 by International Business Magazine, and many more.
After opening an account in HF Markets, traders will obtain various forex trading platforms to accommodate all of their trading demands. Whether traders like to trade on desktop or prefer to trade on-the-go, they can use MetaTrader 4 on desktop (terminal, multi-terminal, and web terminal) and phone (iPhone, iPad, and Android).
Clients' funds are held in segregated accounts. Only major banks are used by Markets because they believe that successful traders have to give their full attention to their trading rather than worrying about the safety of their funds.
Traders do not need to worry about transaction fees when depositing and withdrawing. Transaction fees are not charged, and diversity of payment methods enable them to choose between Wire Transfer, Bank Card, and online payments (Neteller, iDeal, Sofort Banking, and Skrill). HF Markets ensures that traders make fast transactions 24/5 during the standard hours.
Traders can earn extra income by joining the affiliate program offered by Markets. Clients who join this program will get some advantages, such as 60% of Net Spreads based on the volume traded by sub-clients, up to $15 per a lot of net revenue, and many more. More information about HF Markets can be obtained on their official website which is supported in 27 languages.
From the review above, it can be concluded that HF Markets is one of the award-winning forex and commodities brokers. There are various account types traders can choose in HF Markets, and the broker itself becomes a favorite among traders for its low spreads. This condition is very suitable for traders with limited funds and a desire to get more opportunities to gain maximum profit.
Conclusion
Forex brokers employ lots of schemes to retain their clients. There are deposit bonuses, free webinars, and loyalty programs.
While bonuses and webinars may be attractive for beginners, loyalty programs are specially designed to benefit active traders such as scalpers and day traders. The more a trader engages with the broker, the more rewards they earn. A perfect example of this scheme is HF Markets Loyalty Program.
HF Markets is a global Forex and Commodities broker that facilitates both retail and institutional clients. Previously known as HotForex in the brokerage industry, HFM has positioned itself as the forex broker of choice for traders worldwide through their various account types and trading tools. Furthermore, HF Markets allow scalpers and traders use Expert Advisors unrestricted.
15 Comments
Mar 29 2023
I am new to Forex Trading and of course a beginner I am trying to find a bonus or program that can benefit me. And by chance I read your post. First of all the HF Market loyalty program looks very interesting even if it's not a bonus, at least I know we can earn cashback it could be money for us . It seems very profitable if we can execute the trade.
What confuses me is the account type that can't be joined. One of them is PAMM, as a beginner I only know general accounts like mini account, micro account, cent account, standard account and pro account. But I really haven't heard of PAMM, so what is PAMM?
Mar 29 2023
PAMM stands for "Percentage Allocation Management Module". It is a type of investment program in which investors can pool their funds together to invest in Forex trading, while a professional trader manages the investments on behalf of the group.
In a PAMM account, the professional trader (also known as the "money manager") makes trading decisions and executes trades on behalf of all the investors in the pool. The profits or losses from these trades are then distributed among the investors in the pool based on their percentage of ownership in the account.
PAMM accounts are popular among investors who may not have the time, knowledge, or experience to trade Forex themselves, but still want to participate in the potential profits of the market. (more explanation you can read at here : Is Forex PAMM Profitable?)
Based on my explanation here, you will know why the PAMM is not allowed in HF Markets Loyalty program, right?
Mar 29 2023
Okay I see. So basically we PAMM use someone else for redemption, that's true and it can end up cheating the loyalty program. I mean, it's not fair for manual traders because PAMMs use other people to trade and they can get loyalty points without doing anything.
Another reason could be that a PAMM account involves pooling capital from multiple investors, which can lead to a more complex structure and higher regulatory requirements. Additionally, as you said, PAMM accounts are managed by professional traders. This means that the funds in the PAMM account are not necessarily under the direct control of the individual investor, which could create a potential conflict of interest between the fund manager and the investors. As a result, some HF Markets may choose not to include PAMM accounts in their loyalty program to avoid any potential conflicts or problems that may arise.
Mar 29 2023
Agreed, it looks like the Loyalty Program rewards are quite different depending on the rewards you want. And how to get the loyalty program is very simple. It is not based on the number of trades you open, but how long you hold the position and how many pips you will get. This is very different from other brokers that use trading volume as their standard.
What interests me is the VPS. As the article said, VPS is free for many months. So what is a VPS and why does it seem so special to the author that even wrote in the title? Because I think the other bonus also looks very promising!
Mar 29 2023
VPS stands for virtual private server. In general, VPS can be understood as a server. So you can use another computer to do your work. It's simple, you just need to manually log in and connect the server's IP and password, and you can control other PCs from your PC.
And this mechanism of action also occurs in forex trading. You just need to borrow another computer to trade Forex. This means you can trade even when your PC is off. Daily trading, 24 hours won't be your problem. With this feature you can use your EA to do the job because the EA will work as long as your PC is on and will stop if your PC is off. SO with VPS your EA will work 24 hours nonstop!! It is very special feature and will be useful if you combinate it with EA trading!
Apr 27 2023
What is the minimum age requirement to participate in the loyalty program offered by HF Markets? I understand that the program is open to all HF Markets clients, excluding PAMM accounts, demo accounts, and contest accounts. Additionally, affiliates and introducing brokers are eligible to join the program, but they are unable to earn HFM Bars through the Refer-a-Friend feature. However, I'm curious to know if there are any age restrictions in place for individuals looking to participate in the loyalty program. Are there any specific age criteria or is it open to traders of all ages? Clarifying this information will help determine if I meet the necessary requirements to participate in the program.
Jun 26 2023
@Josh: Hey there! Good question. To participate in the loyalty program offered by HF Markets, there is generally an age requirement of 18 years or older. The program is open to all HF Markets clients, including affiliates and introducing brokers. However, it's important to note that PAMM accounts, demo accounts, and contest accounts are excluded from this program. While there's no specific mention of age restrictions in the provided information, it's a common practice in the financial industry for traders to be of legal age in their jurisdiction, which is typically 18 years. To get precise details on the age requirement for HF Markets' loyalty program, it's best to check their official website or reach out to their customer support. They'll be able to provide you with the most accurate information. Good luck with your participation in the program!
Jun 7 2023
To progress through the levels of the HF Markets loyalty program, it seems that accumulating active trading days is the key. I'm curious to know what the fastest way is to reach the highest level, Platinum. According to the information, it takes 31 trading days to reach Silver and double that to reach Gold. However, reaching Platinum requires 105 active trading days. Are there any strategies or tips you can provide to expedite the process and reach the Platinum level in the loyalty program more quickly? I'm eager to maximize my trading activity and take advantage of the benefits offered at the highest level. Thank you for your assistance
Jun 13 2023
@Jello: When it comes to progressing through the levels of the HF Markets loyalty program, the key is consistent trading activity. To expedite your journey to the Platinum level, here are a few strategies and tips to consider. Firstly, prioritize regular trading and aim to trade actively on a daily basis. By maintaining a consistent trading routine, you can accumulate active trading days more quickly. Secondly, explore different trading strategies that suit your trading style and market conditions. This can help you identify more trading opportunities and increase your trading activity. Additionally, consider diversifying your trading portfolio and exploring different financial instruments or markets. This can expand your trading opportunities and potentially increase your active trading days. Lastly, stay informed about market news and events to capitalize on volatile periods and optimize your trading activity. Remember, the key is to maintain consistent trading activity while adhering to your trading plan and risk management strategies.
Jul 6 2023
Hey there! Let's chat about swing trading and the perks that loyalty programs bring to the table. While bonuses and webinars can be enticing for beginners, loyalty programs are custom-tailored to benefit active traders like scalpers and day traders. They offer a range of rewards that grow as traders engage more with their broker. One fantastic example of such a program is HF Markets Loyalty Program. Can you tell me more about how loyalty programs cater to the needs of swing traders and the unique advantages they provide? And let's dive into the specifics of HF Markets Loyalty Program – how does it work and what makes it stand out in the world of rewarding active traders?
Jul 25 2023
Hey there! I've been checking out HF Markets' Loyalty Program, and I noticed that to earn loyalty points (HFM Bars), trades need to be open for more than 5 minutes. I'm really curious about the reasoning behind this condition. Could you please explain why HF Markets has set this 5-minute rule? I'm wondering how it benefits traders and what impact it has on the overall trading experience. Thanks a bunch!
Jul 26 2023
The 5-minute rule in HF Markets' Loyalty Program is designed to encourage traders to adopt a more considered and cautious approach to their trades. By requiring trades to be open for more than 5 minutes, HF Markets may aim to discourage traders from reacting to short-term market noise and fluctuations.
This condition could help promote a focus on more substantial market movements, as shorter-term trades are often subject to higher volatility and can be riskier. By encouraging longer holding periods, HF Markets may seek to reward traders who engage in more substantial and strategic trading activities.
Moreover, the requirement for a difference of more than 5 pips between the open and close prices might help prevent traders from attempting to gain loyalty points with very small price fluctuations. It could encourage traders to focus on trades that are more likely to result in significant price changes, thereby promoting more meaningful trading activities.
Jul 27 2023
In my opinion, there are another reasons of 5 minutes role in the HF Markets Loyalty program. Those are :
Thank you!
Jul 26 2023
So, I read that Forex brokers have all kinds of cool schemes to keep their clients happy. They've got deposit bonuses, free webinars, and even loyalty programs. Now, I'm a swing trader, and I'm curious – do they have any bonus program that caters specifically to active traders like me? I mean, those loyalty programs that reward you for your engagement with the broker. I heard about HF Markets Loyalty Program, and it sounds pretty intriguing. Can you tell me more about it and if it's something I can benefit from as a swing trader? Thanks a bunch!
Jul 26 2023
Based on my experience, as a swing trader, I can definitely vouch for the benefits of loyalty programs like HF Markets' Loyalty Program. It's a fantastic way to get rewarded for staying engaged and active with the broker.
As a swing trader, I tend to hold my positions for a bit longer, and this loyalty program aligns perfectly with that approach. The more trades I make and the more time I spend trading with HF Markets, the more loyalty points (HFM Bars) I accumulate. And let me tell you, those points can lead to some pretty awesome rewards!
I find it incredibly motivating to earn rewards just by doing what I love – trading the markets. It's like getting a little extra something for my loyalty, and it makes the whole trading experience even more enjoyable.
Plus, the program keeps me coming back for more. It's like a win-win situation – I get to trade and grow my trading capital while earning rewards along the way. It's a great incentive to stick with HF Markets and continue my trading journey with them.