HF Markets Zero Spread Account | Forex Broker (2024)

FAQs

Which broker has zero spreads? ›

10 Best Zero-Spread Forex Brokers (2024*)

☑️Exness – Secure trading environment and competitive spreads. ☑️HFM – Market-leading brokers of choice. ☑️Axi -Spreads on EUR/USD forex, shares, commodities, indices and cryptos. ☑️FXopen – Instant execution of orders.

Yes. In order to comply with the Islamic faith, HFM offers swap-free trading conditions on Zero account for clients who observe Sharia law.

HFM is a reliable broker, known for providing excellent trading conditions, allowing scalpers and traders who use expert advisors, unrestricted access to its liquidity. This commitment to client satisfaction has earned HFM over 60 industry awards throughout its years of operation.

Zero spread accounts offer advantages such as reduced trading costs, tight trading conditions, and enhanced transparency. However, traders should carefully consider the commission structure and their specific trading goals before opting for zero spread accounts.

Cons of Exness Zero Spread Account

This can be expensive for some traders. Unlimited Leverage - Unlimited leverage can both be a blessing and a curse. Traders should be careful not to use too big leverage as that would put them in debt to the broker.

They provide service to more than 180 countries across the globe and offer both STP and ECN trading platforms. HFM is a forex and commodities broker and is the brand name of HF Markets Group.

Overview of HFM Fees and Charges

The commission-based alternative is more competitive, with raw spreads of 0.0 pips for a commission of $6.00 per lot on major currency pairs. Minor currency pairs cost more, as commissions increase to $8.00, which extends to equity trading and other non-gold assets.

HF Markets Ltd is regulated by the Financial Services Commission (FSC) of the Republic of Mauritius, category 1 Global Business No.

XM offers above-average trading fees on its Standard account and more competitive prices on its raw-spread (Zero Accounts) account.

How to avoid spread in forex? ›

The broker does an excellent job of assuring that they are governed by reputable authorities in the international foreign exchange and financial markets. Several prestigious organisations oversee their operations. The HFM Zero Spread Account is one of the most popular choices, especially for scalping, which is allowed.

Designed from the ground up to suit the needs of all traders, from beginners to advanced, these are the best trading accounts in the industry.

Slippage

However, there are times when, due to an increase in volatility or volume, orders may be subject to slippage. This most commonly occurs during fundamental news events and other Political or Market announcements.

- Brokers like IC Markets, Pepperstone, and FP Markets are known for offering zero spreads and unlimited lot sizes. - They also allow trading during high-impact news events.

Yes, there are some brokers that offer zero brokerage for both intraday and delivery trading. Some examples include Zerodha, Upstox, Angel Broking, and 5paisa. It is important to note that while these brokers may offer zero brokerage, they may have other fees and charges associated with trading on their platforms.

However, with new and modern trading techniques, some brokers have introduced the concept of zero brokerage to acquire clients. As the name suggests, in Zero Brokerage Demat accounts, no brokerage is charged on trades, intraday or delivery.