HFM (formerly HotForex) runs several active promotions in 2026. The Loyalty Program lets you earn Trophy Road Points (TRP) on every trade and redeem them for prizes including cash up to $500,000 and a supercar. The Shield 500 promotion provides eligible traders with protection for qualifying losses up to $500 during their first 25 days. The Supercharged Bonus provides bonus credit of up to 100% on qualifying deposits, subject to a maximum limit of $50,000 and pays daily cash rebates of $2 per lot (up to $8,000). The Refer a Friend program pays $100 to $200 per successful referral. The ROFM promotion offers rewards based on eligible free margin and trading activity, subject to program terms.

HFM is regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSA (Seychelles), and CMA (Kenya). The broker has been active since 2010 and serves over 4 million clients globally. Promotion availability depends on the HFM entity serving the client and the trader’s country of residence.

HFM Loyalty Program (Trophy Road)

Launched in January 2026, the HFM Loyalty Program is a points-based rewards system built into your trading activity. Every eligible trade earns you Trophy Road Points (TRP). Accumulated TRP may be redeemed for various rewards available within the program. Available rewards may include cash prizes with values reaching $500,000.

Every trader enters at the Rookie level and can progress through Rising Star, Pro, and Legend. The higher your level, the more TRP you earn per trade. Here is the breakdown:

LevelTRP per $1 Million Trading Volume
Rookie250 TRP
Rising Star300 TRP
Pro350 TRP
Legend400 TRP

Traders receive an initial 100 TRP when joining the Loyalty Program. After that, TRP accumulates automatically on eligible trades across all your live trading accounts (PAMM and Demo accounts are excluded).

How to Speed Up Your TRP

Missions: HFM offers specific tasks you can complete to earn extra TRP on top of your regular trading earnings. These missions include both trading and non-trading activities, and they rotate periodically.

Crystal Boosters: Activate a crystal booster and you earn double TRP on specific instruments, with a cap of up to 800 TRP per boost. Crystal Boosters can increase TRP accumulation on eligible instruments. to the next trophy.

Each participant is subject to a 30-calendar-day evaluation period under the Loyalty Program rules. Eligible trades must meet certain conditions, such as holding a position for at least 5 minutes and the entry-to-exit price difference being at least 5 pips. These requirements determine which trading activity qualifies for TRP accumulation.

Shield 500 Account

The Shield 500 is designed for new traders who want a safety net while they learn. The Shield 500 promotion is designed to provide limited loss protection for eligible traders: for your first 25 trading days, any losses you incur (up to $500) are automatically converted into tradable funds in your account.Qualifying losses may be converted into bonus credit under the promotion terms., Eligible losses may be compensated through bonus credit, subject to the promotion rules.

Key details from the official HFM terms:

Eligible traders must meet the minimum Shield 500 deposit requirement applicable in their country. The deposit must happen within 10 days of registering.

Protection cap: The maximum loss coverage is $500. If your losses exceed $500 in the first 25 days, only the first $500 is covered.

Leverage: 1:1000, with no commission on trades.

Profit withdrawal: Any profits you earn during the protection period are yours to keep and withdraw. The bonus amount itself (the covered losses) is not withdrawable as cash, but the profits generated from it are.

Availability: Shield 500 availability depends on eligible account types and countries. It is offered to first-time depositors only. Deposits made via cryptocurrency are not eligible. You cannot switch between bonus programs once selected.

After 25 days: The protection period ends. Your account continues as a normal live trading account. Any withdrawal after the 25th day is subject to the standard bonus deduction rules.

No margin call alert: The Shield 500 account does not issue margin call alerts, according to the official T&C. This means you need to monitor your positions closely, especially in volatile markets.

100% Supercharged Bonus

The Supercharged Bonus is HFM’s deposit-matching promotion. Deposit funds into a Premium or Top-Up Bonus account, and HFM doubles your capital with bonus credit. On top of that, you earn $2 in daily cash rebates for every lot you trade.

How the bonus works: Every qualifying deposit gets a 100% match. Deposit $500, trade with $1,000. Deposit $5,000, trade with $10,000. The maximum cumulative bonus is $50,000 across your account’s lifetime, The promotion offers a maximum cumulative bonus of up to $50,000.

Daily rebates: For every lot you close, HFM credits $2 to your account. The rebate is calculated on closed positions and paid out daily at 02:00 server time. The minimum daily rebate credit is $5 (meaning you need to close at least 2.5 lots to trigger a payout on a given day). Rebates can accumulate up to $8,000.

Withdrawal impact: Any withdrawal of profits, rebates, or deposited funds reduces your bonus on a 1:1 basis. Withdraw $100, and $100 of bonus credit is removed. Withdrawals may reduce bonus credit according to the promotion rules.

Eligibility: Available to new and existing clients. Only one bonus account per client and IP address is allowed. The promotion is not available to EU traders and availability varies by region. The minimum deposit depends on your region.

Account type: The Supercharged Bonus works on Premium and Islamic (FIX-type) accounts. Maximum leverage on Top-Up Bonus accounts is 1:1000.

Refer a Friend Program

Eligible participants may receive referral rewards when program conditions are met. The payout scales based on how many successful referrals you make:

Referral LevelSuccessful ReferralsReward Per Referral
Level 11 to 10$100
Level 211 to 25$150
Level 326+$200

What your friend needs to do: They must register with HFM through your unique referral link (or manually add your RAF code during registration), deposit at least $100, and complete certain trading requirements. Specifically, they need to trade 2 lots on Forex, Gold, or Silver, or 20 lots on Indices, using a live Premium account. Each round-turn trade must last at least 10 minutes. All requirements must be completed within 3 months after the referral’s wallet is approved.

Your eligibility: You also need to meet certain conditions as the referrer. The reward is credited once both you and your referred friend meet all the deposit and trading requirements.

HFM does not specify a maximum referral limit within the published program terms reviewed. The more people you bring in, the higher the per-referral payout goes. At 26+ referrals, you earn $200 for each new successful referral.

Return on Free Margin (ROFM)

ROFM is a promotion that rewards eligible free margin and trading activity. ROFM pays you daily earnings on your idle free margin, The promotion calculates rewards based on eligible free margin balances. that is not currently tied up in open positions.

How it works: Your earnings are calculated based on two factors: your daily free margin and your accumulated trading volume for the current month. The return is credited to your wallet every month.

Here is the rate structure:

Daily Free MarginVolume 5-50 Lots/MonthVolume 50+ Lots/Month
$1,000.01 to $25,0002%2.5%
Over $25,0002.5%3%

Free margin is calculated as Equity minus Margin Requirement. So if you have $10,000 in equity and $3,000 is locked as margin for open trades, your free margin is $7,000. Rewards are calculated according to the ROFM formula described in the promotion terms. These earnings can be traded or withdrawn.

Traders Awards Contest

HFM runs a monthly trading contest where the trader with the highest percentage gain wins $1,000 in cash and entry into the HFM Hall of Fame. To participate, you need to join before the 7th business day of the month, maintain a minimum account balance of $500, and use a live Premium account.

The contest rankings are updated once a day, and the results are visible on the HFM website. The contest is based on performance in eligible live trading accounts.

Is HFM a Safe Broker?

HFM operates under the HF Markets Group, which holds regulatory licenses from multiple jurisdictions. HF Markets (UK) Ltd is authorized by the FCA (UK, reference number 801701). HF Markets (Europe) Ltd is regulated by CySEC (Cyprus, licence 183/12), which requires compliance with MiFID II and provides ICF investor compensation up to €20,000. HF Markets SA (PTY) Ltd is regulated by the FSCA (South Africa, licence 46632). Additional oversight comes from the DFSA (Dubai), FSA (Seychelles), and CMA (Kenya).

The broker keeps client funds in segregated accounts with reputable banking partners, offers negative balance protection for retail clients, and maintains an insurance program for additional fund protection. HFM has been operating since 2010, has received over 80 industry awards, and serves more than 4 million client accounts worldwide.

Regional restriction: All HFM promotions described in this article are offered through HF Markets (SV) Ltd, registered in St. Vincent and the Grenadines. These promotions are not available to traders in the UK, EU, or USA. The availability of specific offers depends on which HFM Group entity your account falls under and your country of residence.

Most Recent Promotional Queries

Can I participate in multiple HFM promotions at the same time?

It depends on the promotion. The Shield 500 account cannot be combined with other bonus programs. Once you select a bonus account type, you cannot switch. The Loyalty Program, however, runs across all live accounts and can work alongside other promotions.

Are the bonuses withdrawable?

No. The bonus credit from Shield 500 and the Supercharged Bonus is not withdrawable as cash. However, all profits you earn from trading with bonus funds can be withdrawn after meeting the relevant conditions. Rebates from the Supercharged Bonus are real cash and can be withdrawn.

How do I join the Loyalty Program?

Log in to your HFM account (myHF) and go to the Rewards Centre section. Click to join, and you receive your first 100 TRP immediately. From there, every eligible trade earns you additional TRP based on your current level.

What trophies can I win in the Loyalty Program?

Trophies range from high-end electronics and all-inclusive luxury vacations to HFM promotional materials state that Loyalty Program rewards may include cash prizes valued up to $500,000 and a supercar. The specific trophies available depend on how many TRP you have collected and your current level on the Road to Legend.

What happens to my Shield 500 protection after 25 days?

The protection ends. Your account continues as a regular live trading account. Any losses after the 25-day window are no longer covered. Withdrawals made after day 25 follow standard bonus deduction rules.

Is the Refer a Friend reward real cash?

Yes. Once both you and your referred friend meet the deposit and trading requirements, the cash reward ($100 to $200 depending on your referral level) is credited to your account. There is no cap on the number of referrals.

Who cannot access these promotions?

Traders in the UK, EU, and USA are excluded from all HFM promotions listed here. Availability also varies by country and depends on which HFM Group entity you are registered under. Always check the Promotions section in your myHF dashboard for offers available in your region.

Does the ROFM have a prize pool?

Yes. HFM states that the Return on Free Margin program draws from a $1,000,000 prize pool. Your daily earnings are calculated based on your free margin and monthly trading volume, with rates up to 3%.

Bottom Line

HFM offers a range of promotions that target different types of traders. The Loyalty Program adds a gamification layer that rewards consistent trading. The Shield 500 offers limited loss protection during the initial participation period during their first month. The Supercharged Bonus provides a 100% deposit bonus doubles your deposit and pays you back on every lot. And the ROFM lets your idle money earn a return while it sits in your account.

The promotions provide various incentives and rewards, subject to eligibility requirements, but they come with conditions. According to the promotion terms, Shield 500 accounts may operate under different margin call conditions, so you can blow through your balance without warning. The Supercharged Bonus reduces proportionally with every withdrawal. And all of these offers are limited to non-EU, non-UK, non-US traders through the St. Vincent entity, which carries lighter regulation than the FCA or CySEC arms of the group.

Read the full terms for each promotion before you trade. Reviewing the full terms can help traders understand the eligibility requirements and limitations of each promotion.