HF Markets Minimum Deposit

HF Market’s minimum deposit is £0 for two of their three accounts in the UK.

Let’s explore the minimum deposit requirements of HF Markets in the UK, deposit processing time, payment methods, step-by-step guide to deposit and more, in this review.

What is the minimum deposit for HF Markets

The minimum deposit on HFM is £50 for most payment methods. However, HF Markets have different account types that require different minimum deposit amounts to activate the account and start trading. Here is a summary:

1) Premium Account: Tailored for retail clients, the HF Markets Premium Account doesn’t enforce a mandatory minimum deposit. You can deposit any amount you prefer.

2) Premium Pro Account: Geared towards experienced retail traders, the HF Markets Pro Plus Account mandates a minimum deposit of £5,000.

3) Zero Account: Ideal for retail clients engaging in high-volume trading, utilizing EAs, and seeking lower spreads, the HF Markets Zero Account doesn’t demand a mandatory minimum deposit.

Read more on HFM’s account in our HF Markets review.

Accepted Deposit Methods on HF Markets UK

HF Markets offers a number of options for depositing funds. Here’s what you can use:

1) Credit/Debit Cards: The classic choice, Visa and MasterCard are widely accepted on HF Markets. The minimum deposit via this method is £50 Deposits via cards on HFM are credited within 10 minutes. No fees are charged for using this method.

Minimum withdrawal via cards on HFM is £5. It takes about 2 to 10 business days for you to receive the funds after initiating a withdrawal. No withdrawal fees apply for this method.

2) Bank Wire Transfers: Good for larger deposits, you can make deposits to your HFM Account through your local bank in the UK. Bank transfer deposits are credited within 2 to 7 business days. Deposits via bank tranfer are free of charge.

The minimum deposit for bank transfer deposit on HFM in the UK is £250.

HF Markets supports withdrawal to local bank accounts. The minimum withdrawal via bank transfer is £100 and it takes 1 to 3 business days for funds to reach your account with no fees.

3) E-wallets: Popular options like Skrill and Neteller are supported for deposits on HF Markets. E-wallet deposits are credited within 10 minutes to your trading account. The minimum deposit amount for e-wallets on HF Markets is £50.

Minimum withdrawal with e-wallets on HFM is also £5 and it takes only 10 minutes for you to receive the funds or it happens instantly.

HFM does not charge deposit or withdrawal fee for this method.

HF Markets Deposit Methods Table

Here is a summary of payment methods accepted by HF Markets for deposits.

HF Markets Deposit Rules

1. Deposit Fees: HF Markets does not charge any deposit or withdrawal fees. Nonetheless, the third-party payment processing platform you use, such as your bank or card, may impose independent transaction fees.

2. Deposit Time: You can initiate deposits and withdrawals from your trading account at any time, on any day. However, in cases where instant processing is not feasible, you may experience a wait time of up to 24 hours for deposits and up to a few days for withdrawals.

3. Payment Source: HF Markets only accepts deposits from payment methods (bank account and cards) that are in the same name as the name used on your HFM trading account.

Withdrawals are also only made to same sources you have used to make deposits and must bear your name as well. HFM does not process payments from or to a third party account.

How do I deposit money into my HFM account?

Step 1) Access your dashboard by logging in to the HF Markets website or directly to go my.hfmarkets.co.uk/login.

Step 2) Once logged in, navigate to the left column menu (desktop view) and select ‘Deposit’. From there, choose your preferred deposit method.

Step 3) Input the desired deposit amount and proceed to follow the on-screen instructions to finalize your deposit.

Note: Please keep in mind that HF Markets only approves deposits from accounts or payment methods that bear the same name as your HF Markets trading account.

Comparison Of HF Markets Minimum Deposit With Other Brokers

Here is a comparison of HF Markets minimum deposit with that of their competitors.

HF Markets UK Minimum Deposit FAQs