ROFM in HF Markets stands for Return on Free Margin, a program that offers a chance to earn daily earnings based on your free margin and trading volume.

In order to start trading in financial markets, every trader needs a good broker. While traders typically look for useful features like trading fees and platforms, they will also come across various attractive promotions like bonuses and cashbacks. The idea is to reward traders for choosing the broker's service and give some of the expenses back to the trader, usually after they have proven themselves to be active traders or loyal clients to the broker.

There are many forms of bonus packages offered by various brokers in the market. Each of them comes with specific terms and conditions that must be met before the promotion ends. HF Markets (previously known as HotForex) is a leading broker with plenty of bonuses and contests that you surely don't want to miss. One such promotion is called Return on Free Margin (ROFM).

HF Markets Return on Free Margin

 

What is Return on Free Margin?

Founded in 2010, HF Markets is a broker that caters to the need of practically any type of trader. It offers access to a wide variety of trading instruments, MetaTrader platforms, and a handful of high-quality tools that could help traders improve their trades.

Website
Established
2010
Leverage
1:2000
Min Deposit
$0
Regulation
Capital Markets Authority of Kenya, CySEC, DFSA (Dubai), FCA, FSA (Seychelles), SVGFSA, FSC (Mauritius), FSCA
Bonus offers
Trading contests
Free education
Personal manager
Trading by telephone
PAMM
Segregated accounts
Managed accounts
Affiliate program
Islamic accounts available
Compensation scheme
Negative balance protection
VPS
Copy trading
FasaPay
Neteller
Skrill
WebMoney
Wire transfer

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.

Return on Free Margin is one of HF Market's latest promotions that give eligible clients daily earnings of up to 3% based on the client's daily margin and accumulated trading volume. The interest will be transferred to the client's account in the following month.

 

Where to Find the Information on the Official Broker Site?

  • This information is reported per Mar 30 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 Receive Return on Free Margin

There are conditions that must be fulfilled to receive the Return on Free Margin. The bonus will be given to clients who meet the minimum daily free margin and monthly trading volume, as shown in the following table:

Free Margin - Daily Trading Volume - Monthly
5-50 lots >50 lots
Rate of Return on Free Margin
$1,000.01 - $25,000 2% 2.5%
>$25,000 2.5% 3%

Free margin refers to the amount of equity minus margin requirement and bonus. Meanwhile, monthly trading volume is calculated from any closed trade on CFDs on forex and metals (gold, silver, copper, etc.) which had been opened for more than three minutes in that month. Any closed trade on CFDs on forex and metal that were opened on a relevant day shall also be included in the accumulation.

Eligible clients that have successfully met all the conditions will receive the Return on Free Margin every month, specifically during the first week of the subsequent month. So, if the interest is calculated for January, then the bonus will be paid to the client's wallet in the first week of February.

The Return on Free Margin is always given in the base currency of the client's wallet. Once the bonus is paid, the client can either chooses to withdraw the funds or uses them for trading with no restrictions.

 

How to Participate

The client must be above 18 years old or of legal age in their country of residence to participate in this program and has opened a live trading account with HF Markets. In addition, the program is only available for free margin in a Micro, Premium, Auto, Zero, Premium, HFCopy, and Islamic (swap-free) trading account. This program does not apply to any PAMM account or archived trading account in HF Markets.

Where to Find the Information on the Official Broker Site?

  • This information is reported per Apr 18 2024.
  • 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.

Here are the steps to join HF Markets' ROFM program:

  1. Visit HF Market's official website and create a new live trading account if you haven't already.
  2. Once you're logged in, open the homepage and click "Promotions" on the menu bar, then "Contest".
  3. Click "Return on Free Margin" to find all information about the program.
  4. Read the terms and conditions, then click the "Join ROFM" button to participate.
  5. You can check your previous and upcoming returns on the Free Margin payments on your myHF area.

 

Conclusion

All in all, Return on Free Margin offers a great opportunity to earn returns from your free margin. The return is calculated based on daily free margin and monthly trading volume, so it's particularly suitable for active traders with medium spending.

Moreover, Return on Free Margin has no expiration time, so you can participate in any given month. It is a type of bonus that doesn't require a lot of specific demands or trading conditions, so you can just carry on with your daily routine and enjoy the additional return at the start of each month.

 


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.