According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $50
- MT4
- MT5
- VFSC
- FCA
- CySEC
Our Evaluation of HTFX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
HTFX is a moderate-risk broker with the TU Overall Score of 5.34 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by HTFX clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
HTFX has established a strong reputation in the global market. It provides favorable trading conditions, including tight spreads, reasonable commissions, and no withdrawal fees. The platform offers a diverse range of assets and flexible leverage options. Traders also benefit from the freedom to employ various trading methods and strategies without restrictions. With a minimum deposit of only $50, HTFX caters to both beginners and experienced traders, offering a variety of account types, including demo and cent accounts.
Overall, the platform demonstrates a strong client-centric approach. It supports two leading trading platforms, MT4 and MT5, and provides additional income opportunities through joint accounts, copy trading, and an affiliate program. While there may be a lack of educational resources and some regional limitations on deposit and withdrawal methods, these minor drawbacks are outweighed by the platform's numerous benefits.
Brief Look at HTFX
HTFX offers its clients the opportunity to trade currency pairs and CFDs on a range of assets, including stocks, indices, metals, commodities, and cryptocurrencies. Both MetaTrader 4 and MetaTrader 5 trading platforms are provided. In addition to a demo account, HTFX offers a cent account and two live account types: Standard and ECN. Spreads are variable, starting from 0 pips, with the ECN account carrying a commission of $7 per full lot. Leverage is flexible, reaching up to 1:500. You can start trading with a minimum deposit of just $50.
Deposit and withdrawal methods vary by region, but primary options include RediPay, ChipPay, RPNpay, PAYOK, Help2pay, Teleport, credit cards, and Alipay. Tether cryptocurrency wallets are also accepted.
HTFX provides additional income opportunities such as copy trading, joint PAMM accounts, and an affiliate program. Their website includes an economic calendar and a newsfeed with analytics, but comprehensive educational resources and advanced analytical tools like Trading Central are not available. Technical support is offered 24/7 through phone, email, and a ticketing system.
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- To explore the platform, a trader can open a demo account, and then a cent account, thus eliminating the risk of significant financial losses.
- The entry threshold is low, and the platform offers 100% transparent working conditions.
- There are dozens of financial instruments from different groups that allow for the easy creation of diversified investment portfolios.
- Flexible leverage and the complete absence of restrictions on trading strategies ensure comfortable conditions for the broker's clients.
- Tight spreads with competitive commissions guarantee low trading costs, and there is no fee for withdrawals.
- Clients can earn passively through copy trading and PAMM accounts, plus an affiliate program for those who are socially active.
- Technical support is active 24/7, with several communication channels available. Support managers respond promptly.
- While currency pairs are traded directly, all other assets in the broker's pool are represented by CFDs.
- Most deposit and withdrawal options are typical for the Asian region and may be inconvenient in other areas.
- The broker does not offer advanced analytical tools, and the website lacks educational materials, only basic FAQs.
TU Expert Advice
Author, Financial Expert at Traders Union
HTFX provides various trading options, including Forex and CFDs on stocks, indices, metals, commodities, and cryptocurrencies. It supports MetaTrader 4 and 5 platforms, offering demo, Cent, Standard, and ECN accounts. With a minimum deposit of $50 and flexible leverage up to 1:500, HTFX caters to both novice and experienced traders. The platform boasts tight spreads, competitive commissions, and no withdrawal fees, enhancing trading efficiency. Additional features such as copy trading, PAMM accounts, and an affiliate program provide opportunities for alternative income.
However, HTFX presents certain drawbacks, like limited educational resources and the lack of advanced analytics. Deposit and withdrawal methods may also be inconvenient outside of Asia. Consequently, HTFX may be more suited to traders who are already experienced and prioritize a diverse asset range and flexible trading conditions over educational support. Despite these disadvantages, HTFX can be a suitable option for those focusing on extensive asset portfolios and leverage flexibility.
HTFX Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MT4, MT5 |
|---|---|
| 📊 Accounts: | Demo, Cent, Standard, ECN |
| 💰 Account currency: | USD |
| 💵 Deposit / Withdrawal: | Bank transfers, online transfer systems, and crypto-wallets |
| 🚀 Minimum deposit: | $50 |
| ⚖️ Leverage: | Up to 1:500 |
| 💼 PAMM-accounts: | Yes |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,2 pips |
| 🔧 Instruments: | Currency pairs, CFDs on stocks, indices, metals, commodities, cryptocurrencies |
| 💹 Margin Call / Stop Out: | 100%/30% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Free demo account plus cent account, two live accounts, low entry threshold, tight spreads and competitive commissions, no withdrawal fees, many different asset types, high leverage, two platforms to choose from, passive earning options, basic news analytics, and high-quality support. |
| 🎁 Contests and bonuses: | Yes |
Brokers offering multiple live accounts typically have varying minimum deposit requirements for each, and HTFX is no exception. Aside from the demo and cent accounts, HTFX offers Standard and ECN accounts. These accounts boast highly competitive minimum deposits of $50 and $100 respectively. On many other platforms, similar trading conditions might require deposits ranging from $500 to $1,000 or more.
Leverage is not tied to the account type but rather to the traded asset. For instance, currency pairs and gold allow maximum leverage of 1:500, while crude oil is capped at 1:100. Traders have the flexibility to choose their leverage or not use it at all. HTFX offers 24/7 technical support via phone, email, and a website ticket system.
HTFX Key Parameters Evaluation
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Trading Account Opening
To start working with the brokerage company HTFX, register on their official website, complete verification by confirming your details, and open an account. Next, simply make a deposit, download the trading platform either MT4 or MT5, install it on your device, and you can begin trading. TU experts have prepared a step-by-step guide to eliminate any questions about the process stages. They will also introduce you to the features of the user account.
Go to the broker's website. In the upper right corner, select your preferred interface language. Click "Register" or "Start Trading”.
Enter your email address and create a password. Provide your first and last name. Enter your mobile phone number. Select your country of residence from the list. Agree to the terms of cooperation by checking the box at the bottom. Click “Register.”
After receiving two emails, confirmation and registration details. Enter your login (email) and password on the broker's website, and complete the captcha. You can check the "Remember me" box to save time in the future. Click “Log In.”
Provide extended information about yourself and verify your account. Click on the link in the notification - it is located at the top of the screen and highlighted in red. In the first stage, fill out your profile - date of birth, registration address, etc. Click "Save." Then, provide details for your preferred deposit/withdrawal method.
Upload scans/photos of documents that can verify your identity and registration, such as your passport and utility bill receipts. Follow the on-screen instructions. Click "Upload KYC Documents." If necessary, change your password in the block below.
Go to the dashboard. Click "Open Account." Select the account type that suits you: Standard, ECN, or Cent. Choose leverage and set a password. Click “Open.”
Return to the dashboard and select the account you registered. Click "Deposit." Choose a suitable deposit channel, provide the required information, and follow the on-screen instructions. Wait for the funds to be credited to your balance.
Download the trading platform from the broker's website or the MT solutions portal. Install it, launch it, enter your registration details, and start trading.
Additional features of HTFX’s user account allow traders to:
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Access aggregated data on the trader’s active accounts with detailed information.
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View trader’s status in the bonus program, points earned, and gift shop.
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Access trade copying service, registration form, and user status.
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Access joint account registration and connection to existing ones.
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View summary information on the user’s current accounts on the MetaTrader platform.
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Access withdrawal requests, status display, and cancellation of active requests.
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Generate various reports on trades and transactions on the trader’s live accounts.
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Register a live account, and change leverage.
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Access MT4 and MT5 platforms and download them automatically.
Regulation and safety
HTFX has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
HTFX Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 VFSC |
Vanuatu Financial Services Commission | Vanuatu | No specific fund | Tier-3 |
HTFX Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker HTFX have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of HTFX with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, HTFX’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
HTFX Standard spreads
| HTFX | Pepperstone | OANDA | |
| EUR/USD min, pips | 1,4 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,8 | 1,5 | 0,5 |
| GPB/USD min, pips | 1,4 | 0,4 | 0,1 |
| GPB/USD max, pips | 2,0 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
HTFX RAW/ECN spreads
| HTFX | Pepperstone | OANDA | |
| Commission ($ per lot) | 3,5 | 3 | 3,5 |
| EUR/USD avg spread | 0,2 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,5 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with HTFX. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
HTFX Non-Trading Fees
| HTFX | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
Unlike brokers with a single account type, HTFX allows traders to choose from three: Cent, Standard, or ECN. Of course, opening additional accounts later is always an option. However, understanding the differences is crucial. The Cent account, while not suitable for serious earnings due to trades being executed in cents, is a great option to test strategies. The Standard account, aimed at beginners, offers competitive spreads with no commission. The ECN account, touted as the best choice for professionals, features spreads starting from 0 pips with a $7 commission per lot.
Traders can choose between the user-friendly and functional MT4 or MT5 trading platforms, both customizable with free plugins. However, the interfaces and some features differ. If you're new to MT software, try both platforms to see which one suits you best.
Account types:
Often, if a trader has never worked with a broker before, they first register a demo account. It allows exploring the platform and experimenting with strategies in real conditions without financial risks. Alternatively, they can open a Cent account, where trading won’t lead to significant losses but solves the same tasks. The client then chooses a full account according to their preferences and ambitions.
Deposit and withdrawal
HTFX received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
HTFX offers limited payment options and accessibility, which may impact its competitiveness.
- Low minimum withdrawal requirement
- No deposit fee
- Minimum deposit below industry average
- USDT (Tether) supported
- No bank wire option
- No bank card option
- Wise not supported
What are HTFX deposit and withdrawal options?
HTFX offers a limited selection of deposit and withdrawal methods, including USDT. This limitation may restrict flexibility for users, making HTFX less competitive for those seeking diverse payment options.
HTFX Deposit and Withdrawal Methods vs Competitors
| HTFX | Plus500 | Pepperstone | |
| Bank Wire | No | Yes | Yes |
| Bank card | No | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are HTFX base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. HTFX supports the following base account currencies:
What are HTFX's minimum deposit and withdrawal amounts?
The minimum deposit on HTFX is $50, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact HTFX’s support team.
Markets and tradable assets
HTFX offers a limited selection of trading assets compared to the market average. The platform supports 220 assets in total, including 60 Forex pairs.
- Copy trading platform
- Indices trading
- 60 supported currency pairs
- No ETFs
- Bonds not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by HTFX with its competitors, making it easier for you to find the perfect fit.
| HTFX | Plus500 | Pepperstone | |
| Currency pairs | 60 | 60 | 90 |
| Total tradable assets | 220 | 2800 | 1200 |
| Stocks | Yes | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products HTFX offers for beginner traders and investors who prefer not to engage in active trading.
| HTFX | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | Yes | No | Yes |
| PAMM investing | Yes | No | Yes |
| Managed accounts | No | No | No |
Customer support
What are the current spreads on exotic currency pairs? How do I open a joint account and become a manager? Why was my order forcibly closed? Some trader questions arise from their lack of competence or inattention. In some cases, the broker may provide incomplete information, necessitating clarifications. Additionally, no one is immune to unusual trading situations. HTFX clients can always contact technical support by calling the call center, emailing, or using the ticket system on the website. There is also a live chat available. The support team operates around the clock and responds promptly.
Customer support
Advantages
- Three communication channels
- 24/7
- High-quality responses
Disadvantages
- Live chat is available only after registration
Even if you are not a current HTFX client but have questions, feel free to ask them. The broker’s technical support operates 24/7, processing inquiries from all traders.
Here are the current ways to contact them:
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Phone;
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Email;
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Tickets on the page;
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Live chat in the user account.
The broker also has official pages on the following social networks: Facebook, Twitter (X), YouTube, and Instagram. You can also reach out to the support managers through these platforms.
Contacts
| Registration address |
Richmond Hill Road, Kingstown, St. Vincent and the Grenadines 131 Finsbury Pavement, London, EC2A 1NT, UK |
|---|---|
| Regulation | VFSC, FCA, CySEC |
| Official site | https://www.htfx.com/ |
| Contacts |
+678 29816
|
Education
Unlike some companies that offer extensive training resources for beginners, HTFX focuses on providing the tools and conditions necessary for experienced traders. This includes access to advanced platforms and competitive fees.
If a brokerage company does not provide training, we do not consider this a fundamental drawback, although some users may express this opinion in reviews. What is more important is that the platform offers comfortable and economically advantageous conditions for cooperation. HTFX fully meets this requirement.
Comparison of HTFX with other Brokers
| HTFX | Eightcap | XM Group | RoboForex | Exness | IC Markets | |
| Trading platform |
MT5, MT4 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, cTrader, MT5, TradingView |
| Min deposit | $50 | $100 | $5 | $10 | $10 | $200 |
| Leverage |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0 points |
| Level of margin call / stop out |
100% / 30% | 80% / 50% | 100% / 50% | 60% / 40% | 60% / No | 100% / 50% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | Yes | No |
Detailed Review of HTFX
HTFX Ltd's extensive experience allows it to swiftly adapt to new technologies and trends. This is evident in its use of a modern technology stack and advanced security system. For instance, it uses virtual private servers (VPS), works with reliable liquidity providers, and regularly scales its infrastructure to accommodate growth. Unlike many competitors who rely on third-party solutions, HTFX even boasts its own proprietary copy trading service. This commitment to in-house development suggests substantial resources. Security features include SSL protocols and segregated accounts. Order execution time is around 0.1 ms, a very high standard that professional traders will appreciate. For a more comfortable trading experience, HTFX offers negative balance protection and various additional options such as risk management tools and automated trading. It also supports both versions of MetaTrader.
HTFX by the numbers:
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The minimum deposit is $50.
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There are over 120 financial instruments.
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The minimum spread is 0 pips.
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The commission per lot is $7.
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The maximum leverage is 1:500.
HTFX is an FX and CFD broker with comfortable trading conditions
Versatility is an important advantage that not all brokers can boast of. This includes the availability of demo and cent accounts. The first is free to open, and the second requires just $50. Beginners benefit from a low entry threshold and a large pool of assets on the Standard account. Professionals can expect complete freedom and significant leverage, provided by the ECN account conditions. All clients get ultra-fast execution and prompt support. It's also worth noting that in addition to currency pairs, there are CFDs on stocks, indices, commodities, cryptocurrencies, and metals.
Why is this important? It’s simple: the more diverse and numerous the assets, the easier it is to create a diversified portfolio. Additionally, traders can use various trading strategies. HTFX does not impose restrictions as scalping, hedging, news trading, and using advisors are all allowed. Finally, the MT platforms' advantages are noteworthy, being easy to master, fully functional, and highly customizable with free plugins.
HTFX’s analytical services:
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Copy Trading. Traders can register as investors or signal providers. The provider trades as usual, and their trades are copied to the accounts of interested clients. Thus, investors earn passively, and the provider charges a small commission for their services.
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PAMM Accounts. Each client can open a joint account to manage multiple accounts simultaneously. The PAMM manager makes trades using the pooled capital, and profits from successful trades are distributed proportionally to the participants' contributions.
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News Analytics. The broker’s website features a news feed alongside an economic calendar, showing significant political and economic events. Each event is analyzed in detail, with predictions on its impact on asset positions.
Advantages:
Easy for traders to start, even beginners. The minimum deposit is just $50, with demo and cent accounts available, all clear and transparent.
Favorable trading conditions. Spreads on the Standard account start at 1.4 pips and on the ECN account from 0 pips. Only the ECN account has a commission of $7 per lot.
A diverse pool of assets. In addition to currency pairs, there are CFDs on stocks, indices, metals, commodities, and cryptocurrencies.
Traders enjoy complete freedom in choosing their trading methods and strategies, with flexible leverage reaching up to 1:500.
Various ways for traders to earn alternatively. Available options include an IBs partnership program, a copy trading platform, and PAMM accounts.
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