Risk Warning: Trading CFD products carries a high level of risk and may not be suitable for all investors. Most of retail investor accounts lose money when trading CFDs with this provider.
Account Types for Hilafx
| Minimum Deposit | $10 | $10 |
| Deposit Fee | Zero | Zero |
| Withdrawals | Same Day | Same Day |
| FX, Commodities & CFDs fees | $3.5 / lot / side | Zero Commission |
| CryptoCurrency fees | 0.05% per deal | Zero Commission |
| Share CFD, per share | USA: $0.10, EU, ASIA, Russia: 0.45% | USA: $0.10, EU, ASIA, Russia: 0.45% |
| Spreads | From 0.01 pips | From 1 pip |
| Metatrader 5 Account Base Currency | USD, EUR | USD, EUR |
| Leverage* | Up to 500:1 | Up to 1000:1 |
| Platform Symbol Suffix | None | “.” & “!” |
| Islamic Account Option | ||
| Execution Server | London Equinix LD4 | London Equinix LD4 |
| Micro Lot Trading (0.01) | 76 | |
| Automated Expert Advisor trading | Yes, Encouraged! | Yes, Encouraged! |
| Trading Styles Allowed | All | All |
GENERAL INFORMATION
- Minimum Deposit only 10$ equivalent
- Three different account types based on trading style
- Trading View charting platform
- Zero-conflict – full STP trading
- Quick Withdrawals
- 76 Forex currency Pairs
- Major crypto pairs and more
- Share & Indecies CFDs
- Commodities & Metals
INDEX CFD Specifications
Are suited for traders who prefer zero commissions and all trading fees built into the spread. This simplifies the trading process and gives traders the advantage of having the costs calculated in the pnl of the trade instead of seeing commissions charged on a separate line. Standard accounts are usually preferred by position and swing traders.
ECN Accounts
Are zero markup raw spread accounts that get charged a fixed commission of $3.5/lot per deal. ECN accounts are usually preferred by traders looking to separate commissions from trading pnl and scalpers that require the lowest spread possible to trigger low time frame orders without an added spread.
Share CFDs inside Standard accounts and ECN accounts offer the same raw spread and fees.
Whatever your trading style is, both account types are perfectly suitable for all types of trading.
You may be new to trading, so a demo account is the ideal choice to test your trading potential. It allows you to trade with virtual currency without exposing you to any risk, as your gains and losses are simulated. Once you have tested your trading strategies, learned about market moves and how to place orders, you can take the next step to open a trading account with real funds. Open a demo account
* Certain instruments like metals & cryptocurrencies use Margin Requriement and have a fixed maximum Margin. For metals that is 100:1, for Major Crypocurrencies that is 25:1.
* Accounts with balances above $25,000 could be subject to leverage restrictions.
* Balances above $100,000 have a maximum leverage of 100:1 and can be further lowered to 50:1 depending on position sizes. For example, having a net exposure of over 50 lots in a single pair.
Hilafx reservers the right under its T&C to change the maximum leverage without any notice.
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