HFM (formerly HotForex): A complete guide to the latest version of the overseas FX demo trading contest, including features, prize money, and points to note。This article explains the demo trade contest account participation and features of HF Markets (hfm, hotforex), an overseas FX company. It is a very popular FX company in the world. One of the reasons for this company’s popularity is that it has a lot of bonuses and events. HF Markets holds a demo trade contest, where prize money is awarded to 1st, 2nd, and 3rd place.
- HFM Basic Information
- HFMOverview and Objectives of the HFM Demo Contest
- HFM Demo Contest Participation Requirements
- HFM Demo Contest Rules and Format
- HFM Demo Contest Prizes and Rewards
- Strategies for Success in the HFM Demo Contest
- 🎯 Basic premise: The essence of how to win the HFM Demo Contest
- ① A money management strategy focused on profit rate
- ② Target high-volatility stocks
- ③ Specializing in short-term trading (scalping/day trading)
- ④ Decide on your competitive phase (don’t participate for the entire period)
- ⑤ Use nanpinning and marting only “limitedly”
- What HFM Demo Contest Participants Have to Say
HFM Basic Information
| Company Name | HF Markets（SV） Ltd. |
| Year of establishment | 2010 |
| Service Overview | A large brokerage providing services in over 180 countries worldwide with millions of registered accounts |
| Financial products handled | Foreign Exchange (FX), Stock Indices/Commodities, Stock CFDs/Cryptocurrencies |
| Trading Platform | MetaTrader 4（MT4）、MetaTrader 5（MT5） |
| Maximum Leverage | 2,000x |
| User Support | Multilingual support |
| Financial License | ✔ FCA (UK, Financial Conduct Authority) ✔ FSCA (South Africa) ✔ DFSA (Dubai) ✔ FSA (Seychelles) |
| Deposit and Withdrawal Methods | Bank transfer Credit/Debit card (VISA/Master/JCB, etc.) bitwallet / BXONE / Binance Pay / Cryptocurrency |
| Account Type | Cent Account Premium Account Pro Account Zero Account Top-up Bonus Account |
HFMOverview and Objectives of the HFM Demo Contest
Below, we provide a clear overview and objectives of the HFM Demo Contest. We recommend it because the Traders’ awards are also realistic. Since the guide is available on the official website, members can create and complete their own account opening from the home page. According to the latest information, you can automatically participate in one-day events if you wish. Please agree to the applicable terms of use to participate safely.
Overview of the HFM Demo Contest
The HFM Demo Contest is a trading competition event held periodically by the international FX broker HFM (formerly HotForex).
No real money is used.
Participants compete in demo account balance growth and profit margins.
Top winners receive cash prizes and bonuses.
Anyone can participate, from beginners to advanced traders.
The main features of the contest are:
The program requires the following conditions. At a minimum, you can win prizes, but it is entirely up to you. Failure to enter will result in ineligibility.
| 項目 | 内容 |
|---|---|
| 使用口座 | HFMデモ口座 |
| 参加費 | 無料 |
| 元手 | 仮想資金（例：10,000ドルなど） |
| 対象商品 | FX通貨ペア、ゴールド、指数など |
| 開催期間 | 数週間〜1か月程度 |
| 勝敗基準 | 口座残高の増加率・収益率 |
| 賞金 | 現金・取引クレジットなど |
Objectives of the HFM Demo Contest
① Improving Trader Skills
The primary objective is to hone trade skills in a risk-free environment.
Trading in real-world market conditions
No capital risk even if you fail
Ideal for testing strategies and techniques
This is a valuable opportunity, especially for FX beginners, to gain near-real-world experience.
② Lowering the Barrier to Entry for Beginners
No Deposit Required
No Risk of Loss
Potential for Prizes
The aim is to lower the psychological hurdle of “FX being scary.”
③ Providing an Opportunity to Build a Trading Track Record
Successful results in the contest have the following benefits:
Gaining confidence in your trading
Confirming the reproducibility of your techniques
Finally providing a basis for deciding whether to transfer to a permanent account
④ Experiencing the HFM Trading Environment
HFM’s objectives include:
Execution Power
Spreads
Trading Tools (MT4/MT5)
To provide a demo machine for beginners to try out various trading tools.
HFM Demo Contest Participation Requirements
The participation requirements for the HFM (formerly HotForex) Virtual to Real Demo Contest are clearly defined in the official rules. We’ve summarized the main points below. 👇 There are also unique promotions, so be sure to participate. This is a convenient program, so we recommend participating as you can use your knowledge to receive rewards.
You must be an HFM account holder.
Any new or existing HFM user can participate (you must have a myHF account).
You must participate with a demo account specifically for the demo contest.
The contest is limited to demo accounts (virtual funds accounts).
Live accounts are not accepted.
You must be of legal age (country-specific).
As with many financial services, you must be 18 years of age or older (or the age of majority in your country of residence) (as per general contest terms).
Only one account is permitted.
Each person may participate in only one demo contest account.
Multiple account registrations from the same IP address may result in disqualification.
Use of Initial Virtual Funds
Contest demo accounts are provided with a fixed amount of virtual funds (typically $10,000).
Trading is conducted within this amount, and no additional virtual funds are provided.
Restrictions may apply in certain countries or regions.
Demo contests are generally open to participants globally, but may not be available in certain regions. This is in accordance with HFM Terms and Conditions and applicable laws and regulations.
HFM Demo Contest Rules and Format
Here are the rules and format details for the HFM (formerly HotForex) Virtual to Real Demo Contest. 👇 If you’ve participated in the contest before, you already know, but participation is optional, so get ready. As long as there are no fraudulent investments, participants can freely manipulate their opponents. You can choose a highly advantageous battle from the start.
📌 1. Basic Contest Format
🗓 Event Format
This is a monthly contest.
It typically starts at the beginning of the month (00:01 server time) and ends at the end of the month (23:59 server time).
👤 Participation Requirements
Participation is only possible with a demo account, exclusive to HFM demo contests.
Only one account is permitted to participate. Participation with the same IP address or multiple accounts may be subject to restrictions.
You will be awarded an initial virtual fund of $10,000 (virtual funds).
📊 2. Trading Format and Evaluation Method
🧠 Available Instruments
The following instruments are available for trading in a demo account:
FX Currency Pairs
Precious Metals (e.g., Gold)
Energy
Bonds
Stock Indices (Spot and Futures)
A wide variety of instruments are available.
⏰ Monthly Calculation
At the end of the contest, all open positions will be settled, and your account balance will be used for evaluation.
Rankings and results will be announced monthly after trading ends.
🧩 3. Leverage and Account Specifications
Leverage is fixed (e.g., 1:200) and is often non-changeable.
The initial virtual capital amount is fixed (e.g., $10,000) and cannot be increased.
HFM Demo Contest Prizes and Rewards
The prizes and rewards offered in the HFM (formerly HotForex) Virtual to Real Demo Contest are listed below. 👇 There are some loyalty points, so we’ll start with the basics. Try a wide variety of rewards at least once. Even if you’re a beginner, you may be awarded some generous prizes. Either way, try unlimited, diverse trading.
🏆 1. Basic Prizes (Top 3)
The top three participants in the demo contest will receive a trading bonus (credited to their live account).
This bonus is not cash, but trading credits for your live account. Register and apply, compete repeatedly, and win.
| 順位 | 賞品（取引ボーナス） |
|---|---|
| 🥇 1位 | $2,000 ボーナス |
| 🥈 2位 | $1,000 ボーナス |
| 🥉 3位 | $500 ボーナス |
All prizes will be credited directly to the winner’s live account (for margin purposes, not withdrawals).
💡 2. Using the Prize and Withdrawal Rules
🔹 How to Use the Bonus
The bonus awarded can be used as margin for actual trading.
For example, you can use the bonus awarded to your live account to trade and generate profits.
🔹 Withdrawal Conditions (Profits Only)
The bonus itself cannot be withdrawn, but
Profits earned using the bonus can be withdrawn if certain conditions (e.g., a certain number of trades or trading volume) are met.
As specific examples, some sources often cite the following conditions:
➡️ 50 or more round-trip trades
➡️ 10 or more standard lots of total trading volume
Meeting these conditions will grant you the right to withdraw your profits.
(Please refer to the latest official HFM terms and conditions for the actual conditions.)
🧾 3. Ranking Display and Rewards
The names and profit rates of top winners during the contest will be published on the official page.
This may also be recognized as achievements within the community.
🚩 Important Notes/Additional Information
Please be aware that bonuses are trading credits that cannot be withdrawn for cash.
Prizes may change depending on the event (e.g., regional or special campaign editions).
Regular HFM bonus policies apply when using prizes and bonuses (withdrawal conditions, deadlines, usage restrictions, etc.).
Strategies for Success in the HFM Demo Contest
Below, we will systematically explain practical strategies for aiming for top rankings in the HFM Demo Contest, tailored to the rules and characteristics of the contest.
(Note: While the demo is risk-free, the evaluation criteria are “profit rate,” so the approach differs from standard trading.)
🎯 Basic premise: The essence of how to win the HFM Demo Contest
The key to the HFM Demo Contest is not “protecting capital” but “how much you can increase your balance in a short period of time.”
In other words,
👉 It is a competitive trading style premised on high risk and high reward.
① A money management strategy focused on profit rate
🔹 Differences from standard trading
| 項目 | 通常取引 | デモコンテスト |
|---|---|---|
| 目的 | 安定収益 | 利益率最大化 |
| ロット | 控えめ | 大きめ |
| リスク | 低〜中 | 高 |
| 破綻 | 回避必須 | 途中退場OK |
② Target high-volatility stocks
🔥 Recommended stocks
Gold (XAUUSD)
GBPJPY / EURJPY
Index (US30, NAS100, etc. *Depending on trading rules)
Reason
Large price fluctuations
Easily generate large unrealized gains in a short period of time
Easily increase profit margins
👉 Gold + high leverage is a classic combination.
③ Specializing in short-term trading (scalping/day trading)
❌ Unsuitable
Long-term swing trading
Low-volatility periods (such as Tokyo mornings)
✅ Suitable
London market
New York market
Around the time of index releases (aiming for sudden fluctuations)
Reason
The contest period is finite
Evaluate realized profits rather than unrealized gains
④ Decide on your competitive phase (don’t participate for the entire period)
🧠 A strategy often used by top traders
First half: Wait and see/small lot size
Middle half: Select opportunity stocks
Second half: Increase lot size all at once
Especially
👉 The final week to last three days are the most important
Reason:
A huge profit just before the competition can dramatically change your ranking
Even if you make money early, you’re likely to be overtaken later
⑤ Use nanpinning and marting only “limitedly”
Effective usage
Only during a strong trend
Decide the maximum number of times in advance (e.g., up to 2 times)
Always set a stop loss line
Dangerous usage
Infinite nanpinning within a range
Emotional lot additions
👉 A tactic for those who are willing to accept either a massive profit or a quick exit
What HFM Demo Contest Participants Have to Say
We’ve compiled reviews and opinions of the HFM Demo Contest (Virtual to Real Demo Contest) from actual participants and the trader community. Please use these as a reference for trends in “real word-of-mouth impressions and experiences” that you won’t find on the official website alone. 👇
🔹 Reviews and Opinions from Actual Participants
Positive Opinions
The demo contest is praised for its risk-free trading experience. Some participants say that competing with virtual funds allows them to experience a tense environment.
Some participants commented that the contest was beneficial as an opportunity to learn how to compete in the real market.
Negative/Cautious Opinions
Some participants expressed dissatisfaction with the system, which prevents them from withdrawing their prize money.
→ Even if they won, their prize money was a “no-deposit bonus,” and some commented that the fact that they could not withdraw it unless certain trading conditions were met was stressful.
Some participants expressed negative views of the trading strategy and psychological burden, saying that “the contest is stressful” and “it’s a waste of energy.”
📊 General User Ratings and Reviews (HFM Overall)
While there are few reviews specifically for the demo contest, reviews of HFM itself provide insight into the concerns of contest participants.
👍 Positive Reviews
The user-friendly platform and smooth registration process are highly praised, and the demo account and contest participation procedures are relatively easy.
Several users have cited courteous and prompt customer support, and many feel that the environment is easy to consult with regarding questions and technical concerns.
👎 Cautionary Comments
Some users have also complained about the slowness of actual transactions and withdrawal processes, which may affect the use of prize money after the contest.
Some communities have questioned the value of the contest itself, with mixed reactions, especially from those who place importance on the prize conditions.
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