HF Markets Deposit and Withdrawal Guide
HF Markets offers various advantages to its clients, please read this guide before making any deposit or withdrawal from this broker。
HF Markets offers various advantages to its clients, please read this guide before making any deposit or withdrawal from this broker。
HF Markets is a world-renowned Forex and CFD broker established in 2010 to facilitate novice and expert traders by offering no less than 1,000 tradable assets, including Forex pairs, major stocks, indices, energy, metals, stocks, bonds, ETFs and commodities.。In addition to this, HF Markets is fully regulated and offers a number of different account types, low spreads, low commissions and fast trade execution.。
As an investment broker, HF Markets knows that all trading must be done safely and effectively, here is a complete guide to help you get started。
Available payment methods
HF Markets offers a variety of deposit and withdrawal financing options, with each option having an associated minimum deposit, maximum deposit and processing time。Find all the information you need in the list below。
wire transfer
Wire transfers are probably the most common way to deposit funds into a trading account, available to all users worldwide。It is basically a traditional transfer between banks around the world, so it is safe and reliable。The minimum deposit is $100 and there is no limit on the amount of deposits or withdrawals。The processing time may vary depending on the bank you use, but it is usually 2 to 7 working days。Credit / Debit Card
Credit / debit cards are another convenient way for forex traders to raise funds.。At HF Markets, you can choose to use a Visa, Mastercard or JCB card。Visa and Mastercard have a minimum deposit of $5 and a maximum deposit of $10,000; JCB card has a maximum deposit of $25,000。Conveniently, deposits via credit / debit cards can be processed almost immediately - no more than 10 minutes。E-Wallets E-Wallets are a fairly fresh addition to the trading industry, but are currently very popular。It is known for its instant processing time。HF Markets has multiple options for you to choose from, namely FasaPay, Bitwallet, Neteller, Skrill, PayRedeem, Perfect Money, WebMoney, Bitpay, Dusupay, etc。The minimum deposit amount varies according to the method you choose, but all methods can process your request within 10 minutes。
- Other Options
You can choose to use a local bank transfer based on your country of residence, which is especially common outside of CySEC and FCA regulators。Most of these options are simple and instant, so be sure to check with your bank and broker support team to see if they are available。In addition to this, you can make deposits using electronic cards such as PayRedeem or cryptocurrencies such as Bitcoin, Ethereum and Litecoin。
Available Base Currency
Like other top brokers, HF Markets offers a variety of base currency options to fund your account, depending on the regulated region of your account and the type of account you choose, the following:
- USD USD
- EUR
- NGN Naira, Nigeria
- JPY Japanese Yen
- GBP Pound Sterling
- CHF Swiss Franc
- PLN Polish Zloty
- ZAR South African Rand
- AED UAE Dirham
Choosing the right base currency for your account can minimize the cost of each deposit and withdrawal. Please make sure to deposit in the same currency as the base currency of your account to avoid exchange fees。
HF Markets Deposit Notes
Before recapitalizing your HF Markets account, you should note the following points, such as:
- HF Markets does not charge any deposit fees regardless of the deposit amount, but your intermediary bank or card provider may charge an additional fee for using their services。
In addition to not charging any additional fees, HF Markets also assumes the fees charged when depositing via bank wire transfer to ensure that you receive the same amount of funds in your account as the amount of your allocated deposit, thereby protecting your expected margin。All you need to do is send a copy of the transfer receipt to the broker's support team and the broker will refund the fee which can reduce your overall transaction costs。
HF Markets Deposit Steps
1.Enter the HF Markets official website or APP, and then log in to myHF Area。If you are a new customer, simply click the "Open a Real Account" button to start the registration process。
2.After logging in, click "Deposit"。
3.Select your preferred deposit method and click。
4.Select the currency and enter the amount you wish to deposit into your HF Markets account, click on "Deposit"。
5.Enter the bank account details and confirm the payment and you will receive a confirmation message indicating that the broker has received the deposit request。
HF Markets Withdrawal Notice
When it comes to withdrawals, there are several important details not to be missed, such as:
- HF Markets does not charge any withdrawal fees, but banks, third-party companies or payment service providers may charge fees depending on their fee structure。
All withdrawal requests submitted before 10: 00 a.m. server time will be processed between 07: 00 a.m. and 05: 00 p.m. server time on the same business day, and any requests submitted after this time will be processed on the next business day (Monday to Friday)。
According to the broker's policy, all funds must be returned to their original source, so all withdrawals must be made in the same way as the initial deposit。After returning, you can withdraw by other means。
For debit cards, the withdrawal amount cannot exceed the initial deposit or the sum of all debit card deposits and you will receive the remaining amount by bank wire transfer。In addition, deposits made through Visa or Mastercard more than 6 months ago cannot be withdrawn using the same method。
Funds cannot be withdrawn to an expired card. If the card used to deposit money is lost, replaced, stolen or does not support the transfer of funds abroad, you need to notify HF Markets before making a withdrawal request and provide an official letter from the bank stating the situation.。
Unverified customers are not allowed to make any withdrawals until they have provided the required KYC documentation and have their account approved by the broker support team。
If you want to cancel the withdrawal request, just contact customer support, the fastest way is to use the live chat function on the website。However, if the withdrawal has been processed by the bank or payment provider, it may not be possible to cancel。
HF Markets withdrawal steps
1.Go to the official website or the HF Markets app and log in to the myHF space。
2.Click "Withdrawal"。
3.Choose your preferred withdrawal method from the available options。
4.Enter withdrawal amount and other details, enter password and click "Withdrawal"。
5.You will receive a confirmation message and a confirmation email。
Possible reasons for cancellation of withdrawals
HF Markets may cancel or reject your withdrawal request for the following reasons:
- Customer fails to provide valid KYC information and documents within 7 days and unverified account holders are not allowed to make withdrawals。This situation requires the customer to upload the file, wait for the account verification to pass, and resubmit the withdrawal request。
Customer fails to provide complete or correct information when submitting withdrawal request。
Customer submitted wrong date of birth during withdrawal request。
The customer chose the wrong way to withdraw or a different way to deposit。
Customer's Skrill account has not been verified。
Remember, if any of the above problems occur, the broker will notify you and explain what you need to do next。If you have any questions, please email it to the developer [email protected]。
Conclusion
According to the above instructions, HF Markets offers convenient deposit and withdrawal services to all types of customers worldwide。In addition to offering multiple payment methods, brokers do not charge deposit and withdrawal fees。Be sure to read all terms and conditions before making any transaction and don't forget to verify the account in order to withdraw funds from the balance。
HF Markets is a global forex and commodities broker serving retail and institutional clients。As the HotForex in the brokerage industry, HFM positions itself as a Forex broker for traders worldwide through its various account types and trading tools.。In addition, HF Markets allows scalping traders and traders unlimited access to expert advisors。
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