HFM Minimum Deposit
For UK Traders
| HFM (HF Markets) Minimum Deposit | USD 50 |
|---|---|
| Deposit Methods | Local Bank Transfer,Credit/Debit Card,e-Wallets |
| Account Types | Premium Account,Zero Account |
| Deposit Fees | No fees |
| Account Base Currencies | DZD, USD, EUR, GBP |
| Withdrawal Fees | No fees |
What is The Meaning of Minimum Deposit?
A minimum deposit is the smallest amount of money that you can deposit into your HFM wallet.
if you attempt to deposit an amount below the specified minimum deposit, the send button will be deactivated meaning you wont be able to complete the transaction.
How Much is HFM Minimum Deposit in the UK?
The HFM minimum deposit in the UK is $50 for the Premium & Zero Spread Accounts (retail trader accounts).
For the Premium PRO Account (Professional Account), the minimum deposit is $5,000.
What is HFM Wallet?
Your HFM Wallet is an online savings account where all your deposits are held. When you want to trade, you must perform an internal transfer from your HFM Wallet to your Trading Account.
Any money held in your HFM Wallet is not allocated for trading and so cannot be affected my margin calls or any trading related activity. Funds in your HF Wallet are known as free margin & you can earn interest on them.
Which is The Quickest Deposit Method?
Credit/Debit Cards are the quickest way to deposit money into your HFM wallet. All deposits will reflect instantly in your HF Wallet
How Do I Make A Deposit?
Start by going to your Personal Area which is basically your dashboard where you manage your account from. Access Personal Area by signing into HFM website or logging onto the HFM mobile app
From your Personal Area dashboard, click on "withdraw"
Select your preferred deposit method & input the amount you want to deposit.
Confirm for correctness & submit.
Is There Any Deposit Fee at HFM?
No, HFM does not charge any deposit fees. But watch out for currency conversion fees which HFM charges to convert your Naira deposits into USD.
You can avoid currency conversion fees by opening your HFM Wallet in GBP currency.