HFTrading group includes 2 related companies.
HFTrading AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
HFTrading NZ - located in New Zealand, regulated by the Financial Markets Authority (FMA).
HFTrading group accepts clients from Australia and New Zealand.
Forex broker offers the following underlying assets for trading.
|45+ Currency Pairs||Based on major and minor world currencies.|
|30+ Crypto Pairs||Based on Bitcoin, Bitcoin SV, Bitcoin Gold, Ethereum, Ethereum Classic, Dash, Litecoin, Ripple, Cardano, Basecoin, Lisk, Qtum, Swisscoin, Stellar, Monero, Verge, Zcash, IOTA, NEM, USDT.|
|15 Indice CFDs||Based on baskets of different blue-chip stocks, US Dollar Index and Volatility Index.|
|5 Metal CFDs||Based on Gold, Silver, Palladium, Platinum and Copper.|
|4 Energy CFDs||Based on Crude Oil (WTI, Brent), Gasoline and Natural Gas.|
|8 Soft CFDs||Based on Cocoa, Coffee, Corn, Cotton, Orange Juice, Soy Beans, Sugar, Wheat.|
|200+ Stock CFDs||Based on shares of AU, US, UK and EU companies.|
HFTrading is a forex and CFD brokerage company operating in Australia and New Zealand. Unlike most other brokers based in these two countries, HFTrading only accepts local residents of Australia or New Zealand as clients, in a move that is likely meant to avoid getting in trouble with overseas financial regulators.
As all forex brokers registered in these two countries, HFTrading is fully regulated by the Australian Securities and Investments Commission (ASIC) and by New Zealand’s Financial Markets Authority (FMA). As such, clients can rest assured that there are credible government agencies there to help them sort out any problems in the rare event of a dispute with this broker.
The trading instruments offered by HFTrading ranges from a fairly standard selection of about 40 forex pairs, to an unusually large selection of cryptocurrency pairs, stock indices, single stocks from more than 200 companies listed in the US, EU, and Australia, and commodities such as precious metals, oil, natural gas, coffee, sugar, and others.
As usual with the brokers we have reviewed here on FX-List, the assets offered by HFTrading are available only as CFDs, which can be traded with leverage going all the way up to 1:400 on the most liquid instruments like the EUR/USD pair. For more volatile instruments such as commodities and cryptocurrencies, however, the leverage is significantly lower.
All instruments offered by HFTrading are traded on the well-known MetaTrader 4 (MT4) platform, which is available in its classic downloadable desktop version as well as in versions for web and mobile devices. As most traders know, the MT4 is among the most popular trading platforms in the world, and has managed to keep its dominant position in the market since its launch back in 2005.
Upon signing up with HFTrading, new clients will be assigned to either a Silver, Gold, or Platinum type of trading account, depending on the amount of capital deposited. As would be expected, the spreads are the tightest on the Platinum account, starting from 0.7 pips on the popular EUR/USD pair. Following that, spreads move up to 1.3 pips on the Gold account, and 2.2 pips on the Silver account, for the same pair. Also interesting to note is that the broker does not charge commissions on any of the account types, and instead makes all of its revenue through the spreads.
Once signed up, traders can easily fund their trading accounts through a whole range of methods, including MasterCard, Visa, Skrill and Neteller. As is often the case with fully regulated brokers, cryptocurrency deposits are still not accepted by HFTrading.
Lastly, HFTrading’s customer service department can easily be reached via either email, live chat, or UK & NZ-registered phone numbers. Customer support working hours follows New Zealand time, and should therefore be available during regular office hours in Australia and New Zealand. As a broker offering 24 hour trading in global markets, however, we strongly believe 24 hour support is also something that should be offered by HFTrading.
All in all, we appreciate HFTrading’s efforts in being a dedicated and fully regulated forex broker for traders in Australia and New Zealand. And although we are mostly satisfied with what this broker has achieved since entering the industry in 2018, a few more trading platforms to choose from than just the MT4 is probably something many traders would have liked to see, in addition to the 24 hour support as mentioned above.