In this article, every area regarding the HF Markets demo account will be covered in detail.

The InvestinGoal team has taken a close look at the HF Markets demo account features and opening process.

Main features of the HF Markets demo account:

  • It’s unlimited
  • It’s totally free
  • Easy to open
  • All live account markets and assets available
  • Wide array of trading platforms
  • You can install EAs
Table of Content


HF Markets demo account Characteristics
Demo available Yes
Trial duration Unlimited
Demo platforms MT4, MT5, Mobile Proprietary Platform
Virtual money amount Up to $100.000
Customizable features Yes

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HF Markets demo account opening tutorial: step by step procedure

Here is our step-by-step guide on using your HotForex demo account.

Step 1: Visit the HF Markets’ website

To open a HF Markets demo account you have to visit the broker’s website and click ‘Demo’.

HF Markets is regulated by multiple different regulatory bodies, so, depending on your residency, the broker will redirect you to the correct HF Markets branch.

For instance, if you are based in the European Union, the broker will redirect you to the CySEC regulated branch. The homepage layout may be slightly different depending on the branch. However, you will always be able to find the option to open a demo account.

Open a demo account from the HotForex homepage

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(70.51% of retail CFD accounts lose money)

Step 2: Fill the registration form

You will be given 2 options: open the demo as a new client and open the demo as an existing client. We’ll follow the new client opening process.

The HF Markets demo account registration form is slightly longer than the standard as it requires to enter more information than other brokers. HF Markets here requires you to enter your basic personal information such as Name, Surname, Email Address, Phone Number together with your country of residence, and date of birth.

Fill in the register form for a HotForex demo account

Step 3: Verify your profile

After the registration form you will be required to click on the activation link which will generate the information needed to log into the HF Markets dashboard.

You successfully completed the register form for a HotForex demo account

Go to your email account inbox and click on the link provided by HF Markets, you will be redirected to your trading account dashboard.

HotForex will send an e-mail to confirm your demo account

Step 4: Customize the demo account

Once you have reached your account dashboard, choose the option to open a demo account from the taskbar “My Accounts”. From here, you can set the features of your demo account including currency and leverage.

Step 5: Login into the demo account

Once the account is ready, HF Markets will provide a download link to the MetaTrader platform which is necessary to start trading with the specific login details.

HF Markets’s demo account features

Opening a demo account with HF Markets is a very simple process. You need to provide a valid phone number and email account.

There are more than 140 tradable markets and up to $100.000 of virtual money is available. You can choose between the MT4 and the MT5 platform, as well as a mobile proprietary mobile platform.

There are also tools to speed up learning such as training courses videos. HF Markets also offers a copy trading service which can let you copy the trades of more expert traders.

How long does HF Markets’ demo account last?

The HF Markets demo account is unlimited.

However, HF Markets may close it after 29 days of no login or trading activity. If this happens, you can still create a new HF Markets demo account through your personal account area.

Differences between live and demo HF Markets accounts

With HF Markets you can usually select between all of the available account types when choosing your demo account.

This selection will only differ depending upon your regulatory area, with the options available through CySEC and FCA being slightly different from what you can access through world markets.

As with other demo accounts offered by other brokers, the major difference is slippage. This can sometimes occur during busy or volatile market periods of live trading, meaning it cannot be simulated through a demo account.

The demo account offered by HF Markets is unlimited, meaning it won’t be closed by the broker’s system after a few days of trial.

Regarding live accounts, the broker charges a $5 fee per month starting after 6 months of inactivity.

How to switch to a live account

When switching to a live account, you will still be able to trade through your demo account.

To open a live account you will need to upload proof of your identity (Passport, ID, or Driver’s License) and proof of your residence (Bill utility or bank statement) in order for the broker to verify your account.

Depending on the country, HF Markets may ask you to fill a questionnaire about your trading knowledge and more. As soon as HF Markets allows the verification of the account, you can fund it. Generally HF Markets’ minimum deposit is $0.

How to best use your HF Markets demo account

Here are a few tips on how to get the best out of your HF Markets demo account.

  • Set up the HF demo account as you would set up a real account with platform, leverage, balance and account type
  • Do not open large positions if you are not planning to trade with large amounts of money
  • Treat money as if it were real, just like you’re in an live trading environment
  • Practice daily
  • Use the range of educational tools offered by HF Markets

Pros and cons of the HF Markets demo account


  • Unlimited
  • Wide range of trading platforms


  • Offering is location dependent

filippo ucchino

About The Author

Filippo Ucchino
Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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