HFX.com Review

Rating: 4.8 / 5
8 Aug 2014

Founded in 2009 in the British Virgin Islands by an expert team of professional currency traders, financial experts, and software developers, HFX.com has since morphed from a small startup into one of the leading online forex brokers operating today.

At the core of the HFX mission is to help you trade forex. However, they also understand that many of those interested in trading forex are also interested in trading correlating items. For this reason, they also help clients trade items such as precious metals, commodities, and indices.

It is worth noting right off the bat that HFX does not offer its forex trading services to customers in the United States. The NFA and CFTC have certain regulations in place that prevent a few of the practices that they use to trade forex and correlating items.

Don’t worry though – if you are a trader outside of the United States, then you are all set. The opportunities that HFX.com offers for forex and related trading are boundless. In fact, the opportunities they offer are especially quick and efficient (as well as affordable) since they offer variable spreads.

HFX.com - online forex trading website

About HFX.com

As mentioned above, HFX was founded in 2009 by a team of currency traders, financial experts, and software developers. This group of expert individuals came together to create the very best trading platform they could for members of the forex community.

Each of the individual founders has their fair share of expert experience in the industry and with forex trading. This allowed them to create a service that they would actually want to use themselves. Since then, a number of other experts have joined the HFX.com team, only serving to increase the company’s expertise.

HFX.com - online forex trading website

At the same time, however, HFX has remained dedicated to maintaining a small team. They feel that this close approach to trading allows for better attention to detail as well as better customer service.

Since its start, HFX.com has won a number of different awards. Chief among these are awards for their customer service. They have also received awards for their execution reliability.

HFX.com - online forex trading website

Top Services Offered By HFX.com

A number of different services and featured are offered by HFX.com. The ones that you receive will depend on the particular package you sign up for. HFX currently offers a Silver Account, Gold Account, Platinum Account, and Practice Account.

Each account type requires a different sized deposit. The Silver Account requires a $500 deposit. The Gold Account requires a $2,000 deposit. The Platinum Account requires a $10,000 deposit. The Practice Account is a free account, without the option of earning any money, which allows you to get a solid feel for the forex trading services HFX offers before making a serious commitment.

HFX.com - online forex trading website

All of the services offered by HFX come down to trading forex and other commodities. The company runs on the MetaTrader4 web trading platform as well as an exclusive web trading platform of their own design.

This unique set up allows you to trade from a variety of different devices. You can use your computer or a mobile device. You can also call HFX.com directly and discuss trading with a live representative.

HFX.com - online forex trading website

Part of the reason that HFX is so popular as an online forex broker around the world is that they trade in a variety of different languages. Prime among these are Arabic, English, German, and Russian. Their website can be viewed in any of these languages and it is easy to be connected with a HFX phone representative that speaks the language of your choice.

Best of all, HFX.com offers one-on-one personal service. You are paired up with a skilled broker that personally handles all of your trading. This helps make your trading much more successful and effective.

HFX.com - online forex trading website

There are a number of different assets for you to trade on. Of course, HFX offers the major currency pairs as well as gold and oil. But they also have a comprehensive selection of other assets for you to select from. In fact, they currently offer more than 150 tradable assets. These include exotic currency pairs, metals, commodities, stock, and asset indices.

A few additional trading solutions offered by HFX include:

  • Real time charts
  • Position tracking
  • Guaranteed pip spreads
  • 24/6 customer support
  • In-depth analysis
  • Demo accounts
  • Multilingual service
  • Education and trading strategies
  • Frequently updated news
  • Video tutorials
  • Automatic trade orders
  • Economic events calendar
  • 1:400 leveraged accounts
HFX.com - online forex trading website

HFX Safety and Security

When it comes to your hard earned money, you need to be absolutely sure that it is safe. This is especially true when it comes to trading using your own money online.

Fortunately, HFX.com is one of the most trusted forex brokers around. They use only the newest and most effective security technology to keep their clients safe. This includes segregated deposits and 128-bit SSL encryption. A team of specialized security experts is also watching the website 24/7 to further decrease the chances of a security breach.

Excellent Customer Service

HFX.com - online forex trading website

If you don’t know by now, HFX.com offers superior customer service. In fact, as was mentioned several times throughout this review already, customer service is one of their strongest points.

And customer service is beyond essential when it comes to forex trading. Many of those that are interested in investing in this unique opportunity are not experts at the market. So it is necessary for them to communicate clearly and effectively with the brokers at HFX.com.

As far as support goes, it is easy to contact a representative at HFX.com at nearly any time of the day. They offer a 24/6 phone service line so that you can always connect with someone when you need to. Their chat and email support services are also top of the line.

HFX.com - online forex trading website

Criticism of HFX.com

HFX.com - online forex trading website

Like any company, HFX.com has its critics. And it is important to address these in a review of their services.

While their have been some people with complaints against the organization, I have always found working with HFX to be a pleasure. Their services are very simple and straightforward and their brokers are some of the best around. I always felt in control of my money and my decisions. Nothing was ever forced upon me.

The main criticisms against HFX relate to its customer service, something the company has always prided itself on. I myself have never had a problem in this area before, but if you go by other reviews around the web, then it looks like a number of people have.

My advice in this area is for you to try out HFX with their free Practice Account first. You can also call a representative on the phone and talk about the service and your options. It always makes sense to feel out a new company before allowing them to touch your money. And one of the best ways to get an idea of the reputability and trustworthiness of a forex broker (other than by reading online reviews) is by contacting them and talking to them on the phone directly.

Final Thoughts on HFX.com

HFX.com - online forex trading website

Whether you are new to forex trading or are an old hat in the industry, HFX.com is a great online broker to go with. They are very experienced and knowledgeable. They will help you make the best forex trading decisions possible.

In my experience, HFX.com is 100% reliable, 100% trustworthy, and 100% effective. Sign up with HFX today and learn how to profit big on forex trading. They are absolutely one of the best companies to use in the industry.

HFX.com - online forex trading website

HFX.com is 100% reliable, 100% trustworthy, and 100% effective. Sign up with HFX today and learn how to profit big on forex trading. They are absolutely one of the best companies to use in the industry.

HFX.com - online forex trading website
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