HFX trading is regulated by BAPPEBTI, but not by top-tier regulatory bodies. In this article, we’ll evaluate is HFX trading legit or scam and explore its features, regulation, and safety.
Broker review of HFX
This HFX broker review 2026 examines HFX trading as a platform for trading Forex (currency pairs) and CFDs. The platform emphasizes security by keeping client funds in segregated accounts at major banks and providing protection against negative balances.
HFX offers competitive trading conditions with low spreads and commissions and supports various trading strategies, including scalping and hedging.
Traders can use MetaTrader 4 (MT4) on desktop and mobile devices for their trades. Additionally, HFX provides useful tools such as calculators and a personalized client area for managing trades.
Regulation of HFX
- HFX Trading is regulated by BAPPEBTI in Indonesia, making HFX regulation and safety an important consideration for traders with license Number 877/BAPPEBTI/SI/1/2006.
- HFX provides both segregation of funds and negative balance protection, which strengthens HFX broker safety.
Trading account types
Different types of accounts you can choose from
HFX mini account
- Great for beginners or low-volume traders. It lets you trade small amounts with high leverage (up to 1:200) and has a minimum trade size of 0.1 lots.
HFX mini classic account
- It is designed for beginners. It requires a low minimum deposit and has low commissions. It uses the MT4 platform, which is popular and user-friendly.
HFX classic account
- This is ideal for traders who want flexibility in trade sizes. You can trade up to 40 lots per position, with trade size increments of 0.10 lots.
HFX premium account
- It is for active traders, like scalpers, who need tight spreads and no hidden costs. It’s good for high-volume trading and using trading robots.
Demo account
- You can open a free demo trading account with up to $100,000 in virtual money to practice trading without risk.
- It offers unlimited use, simulates real market conditions, and allows you to test strategies using the MT4 platform.
Financial instruments
At HFX, you have a range of financial products to choose from to help you diversify your investments:
Forex
This is the market for trading currencies. You can trade many currency pairs, such as major ones (like EUR/USD), minor ones, and exotic ones. HFX offers very tight spreads (starting at 0 pips), which means low costs for trading.
Spot metals
These include precious metals like Gold and Silver. Trading these doesn’t involve extra foreign exchange risk, and you get good conditions for trading them.
Energies
This includes commodities like Brent and Crude Oil. HFX provides trading in these at low spreads and small margins, with standard trading lots of 100 barrels.
Indices
Trading groups of stocks from different companies.
HFX trading platforms
HFX offers different types of trading platforms according to your needs
HFX MetaTrader4 desktop
- Available for: Windows and Mac (via Wine)
- Features: Fast execution, multiple time frames, over 50 indicators, user-friendly, news feeds, expert advisors, trailing stop loss.
HFX android
- Available for: Android devices (OS 4.0+)
- Features: You can trade anywhere, live charts, 20+ indicators, edit orders, view trading history.
HFX iPhone trader
- Available for: iPhone
- Features: Full functionality, real-time tick charts, one-tap execution, and customizable display.
HFX iPad trader
- Available for: iPad (iOS 4.2+)
- Features: Advanced chart analysis, multiple timeframes, account management, and historical reports.
HFX web terminal
- Available for: Any web browser
- Features: No download needed, one-click trading, advanced analytical tools, real-time quotes, and configurable charts.
Deposit and withdrawals
Deposit options
Wire transfer
- Max deposit: Unlimited
- Min deposit: $100
- Processing time: Usually within one day after reaching the bank.
- Deposit fees: None from HFX; bank fees may apply.
Withdrawal options
Wire transfer
- Min withdrawal: $5
- Processing time: Processing time is typically one business day if submitted before 11:00 am (Indonesia time), although traders should always monitor for potential HFX withdrawal problems.
- Withdrawal fees: None from HFX; bank fees may apply.
Deposits and withdrawals might incur fees from banks, but HFX itself doesn’t charge.
Fees and commissions
HFX offer commissions and fees are detailed given below
| Features | Fees and commissions |
|---|---|
| Spreads (pips) | Starts from 0 to 1 pip |
| Spreads type | Variable |
| Margin call | 40% to 50% |
| Stop out level | 10% to 20% |
| Commission for direct clients | $8 per standard lot |
| Fees for HFX Partners program | No |
| Deposit fee | No (bank charges may apply) |
| Withdrawal fees | No(bank charges may apply) |
HFX trading tools
HFX trading tools include the pip value, multitarget, Fibonacci, position size, pivot points, swaps, risk and reward forex, and risk percentage Calculator. It helps traders by providing essential calculations for managing risk, setting targets, and understanding costs.
Customer support
HFX broker customer support is available to help with any questions or issues , while HFX customer reviews can provide additional insights into user experiences you may have.
- Working Hours: Monday – Friday: 09:00 – 18:00
- Phone: +6221-2933-7651
- Mobile: +62 859-2113-1639 / +62 859-5972-5219
- Email: [email protected]
Conclusion
Based on this HFX review, while HFX appears legit, traders should understand the limitations of its regulatory framework. Although there is no strong evidence suggesting an HFX scam, the broker is regulated by BAPPEBTI rather than top-tier regulators such as the FCA, ASIC, or CySEC.
It offers secure trading features such as fund segregation and negative balance protection. HFX provides various account types to suit different trading needs and supports a range of financial instruments, including Forex, spot metals, energies, and indices.
With competitive spreads and low fees, it can be a viable option for traders. Always prefer brokers regulated by top-tier international bodies to ensure greater safety. Get insights from our guide, regulated vs unregulated brokers – pros & cons.
Pro Tip
Before opening an account with HFX, compare its regulatory protections, fund safety measures, and dispute resolution options with brokers regulated by top-tier authorities such as ASIC, FCA, or CySEC. Stronger regulation often provides additional safeguards for traders.
Frequently Asked Questions
1. Is HFX regulated?
Yes. HFX is regulated by BAPPEBTI in Indonesia under License Number 877/BAPPEBTI/SI/1/2006.
2. Can I trust HFX with my money?
HFX offers segregated client funds and negative balance protection. However, it is not regulated by major international regulators.
3. Has HFX received regulatory warnings?
There are no widely known regulatory warnings against HFX, but traders should always verify the latest regulatory status before opening an account.
4. What are the risks of trading with HFX?
The main risks include the absence of top-tier international regulation and the general risks associated with leveraged CFD and Forex trading.
5. How does HFX compare with regulated brokers?
HFX provides basic investor protections, but brokers regulated by authorities such as the FCA or ASIC generally offer stronger oversight and investor safeguards.
