HFM Spreads by Account Type and Asset

Spreads are one of the most important cost components in online trading. Every time a trader opens or closes a position, the spread directly affects profitability. For people who trade frequently, even small differences in spreads can significantly impact long-term results. HFM is a globally recognised forex and CFD broker that offers competitive spreads across multiple account types and asset classes.

In this article, we take a detailed look at HFM spreads by account type and asset, exploring how they differ across HFM’s account offerings, and which account types are best suited for different trading styles. By the end of this guide, you will have a better understanding of what trading costs to expect when trading with HFM.

Overview of HFM Account Types

HFM offers several account types designed to accommodate different trading needs, experience levels, and capital sizes. Each account type features a distinct spread structure, which directly affects overall trading costs.

The different account types available to traders at HFM include the Premium, the Cent, the Pro, the Pro-plus, and the Zero accounts. Each of these accounts features distinct pricing structures, with most being commission-free. Understanding these different pricing structures is essential when choosing the most suitable account. Let’s now take a look at each of these accounts and their spreads across various asset classes.

HFM Account Types and Their Spread Structures

The HFM Premium Account

The HFM Premium Account is one of the broker’s most popular account types, designed to meet the trading needs of the majority of retail traders. This account uses a spread-only pricing model, meaning there are no commissions charged on trades.

Spreads are competitive on this account, with major currency pairs having spreads from as low as 1.4 pips. The minimum deposit to open a Premium account with HFM is $0, meaning traders can start trading with whatever amount they want to invest. This account supports the trading of CFDs on forex, commodities, bonds, ETFs, metals, energies, indices, stocks, and cryptocurrencies. Below is an overview of the typical spreads traders can expect across different asset classes on the HFM Premium Account:

Your capital is at risk. Leveraged products may not be suitable for everyone.

The HFM Cent Account

The HFM Cent Account is primarily designed for trading newcomers or traders who want to trade with very small position sizes. Balances and trades are denominated in cents on this account, allowing traders to participate in live trading with minimal financial risk. This account uses a spread-only pricing model, which means all of the broker’s revenue is built into the spread.

The spreads on this account start from as low as 1.4 pips for major currency pairs, with no commission charged. Like the Premium account, the Cent account has a minimum deposit of $0, giving traders great flexibility. A major drawback of this account is that it only offers access to forex currency pairs and gold. Here is a look at the spreads for different asset classes on this account type:

Your capital is at risk. Leveraged products may not be suitable for everyone.

The HFM Pro Account

The HFM Pro Account is designed for high-volume traders who require tighter spreads and more efficient pricing. The Pro Account offers significantly reduced spreads compared to the Premium and Cent accounts. Better yet, this account also does not charge a separate commission.

Spreads on the Pro Account start from as low as 0.6 pips on major forex pairs under normal market conditions. The minimum deposit for this account is $50. The Pro Account supports a wide range of CFD instruments, including forex, indices, commodities, shares, gold, oil, metals, energies, and cryptocurrencies. Below is an overview of the typical minimum spreads available across different asset classes on the HFM Pro Account

Your capital is at risk. Leveraged products may not be suitable for everyone.

The HFM Pro Plus Account

The HFM Pro Plus Account is positioned as an upgraded version of the standard Pro Account and is tailored for very active and professional traders who demand even tighter spreads. This account is particularly appealing to scalpers, day traders, and algorithmic traders who place a high number of trades and are highly sensitive to transaction costs.

Like the Pro Account, the Pro Plus Account operates on a spread-only model, meaning traders benefit from lower spreads without paying any additional trading commissions. Spreads on the Pro Plus Account start from as low as 0.2 pips for major currency pairs. The minimum deposit for the HFM Pro Plus account is $100.

On this account, traders gain access to a broad selection of CFD instruments, including forex, commodities, bonds, ETFs, metals, energies, indices, stocks, and cryptocurrencies. Below is a snapshot of the typical minimum spreads traders can expect when using the HFM Pro Plus Account across key asset classes:

Your capital is at risk. Leveraged products may not be suitable for everyone.

The HFM Zero Account

The HFM Zero Account is best designed for professional, institutional, and high-frequency traders who require the lowest possible spreads. Unlike the other HFM accounts, the Zero Account operates on a commission-based pricing model while allowing traders to access raw market spreads.

True to its name, this account offers spreads from 0.0 pips on key instruments like EURUSD. Because spreads are kept extremely tight on the Zero Account, HFM charges a fixed $3 per side per lot commission for forex and $5 per side per lot for gold. This pricing applies only to forex and gold. Other assets feature similar spreads to those on other accounts.

The minimum deposit required to open an HFM Zero account is $25. The Zero Account provides access to a wide range of instruments, including CFDs on forex, commodities, bonds, ETFs, metals, energies, indices, stocks, and cryptocurrencies. Below is an overview of the typical minimum spreads available across key asset classes on the HFM Zero Account:

Your capital is at risk. Leveraged products may not be suitable for everyone.

Considerations When Selecting an HFM Account

When selecting an HFM account type, traders should evaluate several practical factors to ensure the account aligns with their trading style, experience level, and cost expectations. Below are the key considerations to keep in mind:

• Trading Style and Frequency - Traders who execute a high number of trades generally benefit from tighter pricing models offered by accounts like the Pro, Pro Plus, or Zero Account. Traders who place fewer trades may find the Premium or Cent account suitable.
• Minimum Deposit Requirements - HFM offers accounts with varying entry requirements. The Premium and Cent Accounts have no minimum deposit, making them accessible to trading newcomers and low-capital traders. On the other hand, Pro, Pro Plus, and Zero Accounts require higher initial funding.
• Pricing Model Preference - Some traders prefer the simplicity of spread-only accounts with no commissions. Meanwhile, others are comfortable paying a fixed commission in exchange for raw market spreads, as seen with the Zero Account.
• Available Asset Classes - Not all accounts provide access to the same instruments. For example, the Cent Account is limited to forex and gold, while other accounts support a wider range of CFDs.

Taking these considerations into account helps traders choose an HFM account that balances affordability, flexibility, and performance in line with their trading goals.

Additionally, the minimum deposit requirements may vary from region to region. Finally, the spreads on these accounts can vary depending on market conditions such as volatility and liquidity. Always confirm the latest details about account offerings, minimum deposits, and spreads on HFM’s official website.

Closing Remarks

HFM offers a well-structured range of account types with spread models designed to suit all kinds of traders. As this breakdown shows, trading costs vary meaningfully depending on the account selected, the instruments traded, and the trader’s overall approach to the market. The Premium and Cent Accounts provide simple, commission-free pricing with competitive spreads and no minimum deposit requirements.

More active traders who prioritise lower transaction costs can benefit from the tighter spreads offered by the Pro and Pro Plus Accounts. Meanwhile, those seeking raw market pricing will find the Zero Account particularly attractive despite its commission-based structure. By understanding how spreads differ across account types and assets, traders can make more informed decisions. Ultimately, choosing the right HFM account comes down to balancing spread sensitivity, trading frequency, capital size, and preferred pricing model.