HFM (former HotForex): What is FIX API? Features and application

HFM

Do you know what FIX API is? There are quite a few brokers among forex companies that offer this tool. It seems that it was originally used for stock trading, but now more and more foreign exchange traders use it, so if you want to use it, you should actually try it.

HFM Basic Information

Company NameHF Markets(SV) Ltd.
Year of establishment2010
Service OverviewA large brokerage providing services in over 180 countries worldwide with millions of registered accounts
Financial products handledForeign Exchange (FX), Stock Indices/Commodities, Stock CFDs/Cryptocurrencies
Trading PlatformMetaTrader 4(MT4)、MetaTrader 5(MT5)
Maximum Leverage2,000x
User SupportMultilingual support
Financial License✔ FCA (UK, Financial Conduct Authority)
✔ FSCA (South Africa)
✔ DFSA (Dubai)
✔ FSA (Seychelles)
Deposit and Withdrawal MethodsBank transfer
Credit/Debit card (VISA/Master/JCB, etc.)
bitwallet / BXONE / Binance Pay / Cryptocurrency
Account TypeCent Account
Premium Account
Pro Account
Zero Account
Top-up Bonus Account

Overview of the HFM API

The most common use case is the following ①.
Let’s start by summarizing the most common cases and providing an overview.

① Overview of the HFM (formerly HotForex) API [Most Common]

HFM (formerly HotForex) is an overseas FX broker,
and the HFM API is an API designed for trading automation and external system integration.

Main Uses

Automated Trading (Algorithmic Trading)

Trading Bot Development

Integration with External Analysis Tools

Account Information and Trading History Acquisition

Types of APIs Provided

  1. MT4/MT5 API (Indirect)

HFM uses MetaTrader 4/5,
and the API can be effectively used through the following:

MQL4 / MQL5 (EAs/Scripts)

Python + MT5 Library

DLL Integration

👉 Most Popular Method

  1. FIX API (For Professionals)

For Institutional Investors and High-Frequency Traders

Ultra-Low Latency

High-Speed, High-Volume Order Processing

⚠️

Criteria Required

Application and Review Required

Not for Beginners

Features (Examples)

Order Placement (Market, Limit, Stop)

Position Management

Balance and Margin Acquisition

Price Data (Tick/OHLC) Acquisition

Trading History Acquisition

Advantages

Automated Trading

High-Speed ​​Trading

Easy Integration with External Analysis Tools

Caution

Limited Official Japanese Documentation

FIX API Has a High Threshold

API Specifications Depend on Account Type

How to Use the HFM API

Below, we’ll explain how to use the HFM (formerly HotForex) API in an easy-to-follow format for beginners.

Note: In Japan, the term “HFM API” almost always refers to API integration using MT4/MT5.

Here, we’ll focus on ① MT5 (Python integration) and then supplement ② the FIX API.

① How to Use the HFM API (via MT4/MT5) [Most Common]

HFM does not provide an official REST API.

Instead, the basic approach is to use MetaTrader (MT4/MT5) as an API.

Overview of Usage

Python / EA / External Tools

MT4 / MT5

HFM

Step 1: Open an HFM Account

Open an account on the HFM official website

Create an MT4 or MT5 account

Get login information

*MT5 is recommended for automated trading

Step 2: Install MT4 / MT5

Download the HFM-specific MT4 / MT5

Log in with your account number and password

Get ready to trade

Step 3: Choose how to use it as an API

Method A: Python + MT5 (Recommended for Beginners)

Most Popular and Practical

Preparation

pip install MetaTrader5

Connection Example (Python)

import MetaTrader5 as mt5

Launch MT5 & Connect

mt5.initialize(
login=12345678,
password=”PASSWORD”,
server=”HFM-MT5Server”
)

Get Balance

account_info = mt5.account_info()
print(account_info.balance)

mt5.shutdown()

What You Can Do

Get Prices

Place Orders

Position Management

Get Trade History

👉 Data Analysis × Easy Automated Trading

Method B: MT4/MT5 EA (MQL4/MQL5)

Create EAs directly within MT

High Stability

External API Integration (HTTP Communication) Also Possible

Suitable for

Continuous Automated Trading

VPS Operation

Method C: DLL Integration (Advanced)

Integration with C++/C#, etc.

Fast but Difficult to Manage

Step 4: Enable Automated Trading

Set the following on MT: 👇

“Allow Automated Trading”

Allow EAs to Execute

Disable Windows Sleep Mode

Step 5: VPS (Recommended)

24-Hour Operation

Reduced Latency

Approximately ¥1,000-¥3,000/Month

② How to Use the HFM FIX API [For Professionals]

Features

Ultra-High-Frequency Trading

For Institutional Investors

Direct Connection Without MT

Terms of Use

High Account Balances

Application and Screening for HFM

FIX Protocol Knowledge Required

Suitable for

High-Frequency Trading (HFT)

Business System Integration

⚠️ Virtually Unnecessary for Individuals and Beginners

③ Which Method Should I Choose?

Recommended for Beginners: Python + MT5 Stable Operation, MT5 EA, High-Speed ​​Trading FIX API

④ Common Considerations

HFM Does Not Have an Official REST API

Restrictions Apply to Certain Account Types

Automated Trading Is Not Prohibited, But Users Must Check the Terms and Conditions

Always Test with a Demo Account

HFM API Use Cases

The following is an easy-to-understand summary of common use cases for the HFM (formerly HotForex) API (using MT4/MT5 as the API) in commercial and individual trading.

① Automated FX Trading (Most Common Use)

Standard HFM API Usage Pattern

Contents

Rules-Based Automated Trading

Emotion-Free Trading

24-Hour Operation (VPS)

Technology Configuration Example

Python (Strategy Logic)

MT5 API

HFM

Example

Automatic Entry at Moving Average Crossover

RSI Overheating Detection → Take Profit/Stop Loss

Trading Halt When Indicators are Announced

Benefits

High Reproducibility

More Stable than Discretionary Trading

② Trading Bots with AI/Machine Learning

Contents

Learn from Past Data

Classify Market Conditions

Automatic Trading When Conditions are Met

Application Examples

Price Prediction with LSTM

Position Adjustment Using Reinforcement Learning

Volatility-Based Strategy Switching

⚠️ Separating Training and Operation

③ Price Data Collection and Analysis

Contents

Real-time Price Acquisition

OHLC Data Accumulation

Statistical Analysis

Application Examples

Spread Analysis

Time-Based Volatility Measurement

Currency Pair Correlation Analysis

👉 Platform for Trading Strategy Development

④ External System Integration (Dashboarding)

Contents

MT5 → Python → Web Display

Current Position Visualization

Application Examples

Real-time Profit and Loss Display

Slack / LINE Notifications

Alert Notifications

⑤ Copy Trading and Portfolio Management

Contents

Multiple Account Synchronization

Transferring Trades from a Parent Account to a Child Account

Application Examples

Combining Discretionary and Automated Trading

Automatic Capital Allocation Adjustments

Risk Diversification

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