HFM Spreads and Commissions: Cost Calculator for Every Account

Which HFM Account Has the Lowest Spread?

The HFM Zero account has the tightest spread, but a trade on Zero also pays a commission. So the account with the lowest spread is not the cheapest one, and on gold the Unlimited account has the lowest total cost.

On 1 lot of gold, the spread on the Zero account averages $9.67, and the $10 commission brings the total cost to $19.67. The Unlimited account has almost the same spread and no commission, so the same trade costs $10.33.

1 lot of gold, 24-hour average

Account	Before the rebate	After the rebate
HFM Unlimited account	$10.33	$7.63
HFM Pro account	$16.62	$10.32
HFM Zero account	$19.67	$13.37
HFM Premium account	$35.42	$21.92

The order of the accounts stays the same after the rebate that ForexFanClub pays you per lot. Premium pays the largest rebate, but a gold trade on Premium still costs about three times as much as on Unlimited. The HFM rebate guide shows how much you receive on each account, and our HFM account types guide compares the minimum deposit and the other differences between the accounts.

What Spread Does Each HFM Account Start From?

HFM publishes a “from” spread for each account. The Zero account starts from the lowest, 0 on forex and gold, and the Premium account starts from the widest, 1.4 pips.

A “from” figure is the lowest level the account reaches, and the spread on a normal trading day is wider. On the Pro account, for example, the spread starts from 0.6 pips, and our 24-hour average on EURUSD is 0.75 pips. So use the published figures to see the order of the accounts, and use the tool for the cost of your trade.

Account conditions published by HFM: Premium (opens in a new tab), Pro (opens in a new tab), Zero (opens in a new tab), Unlimited (opens in a new tab).

In some countries, HFM gives the Unlimited account another name, such as InfinityX in India and KATANA in Japan.

What Commission Does HFM Charge?

On currency pairs and gold, only the HFM Zero account charges a commission. For opening and closing 1 lot, you pay $6 on a currency pair and $10 on gold. HFM: Zero account commission table (opens in a new tab)

Premium and Pro are published with “Commission: No”, with certain products excluded. In the tool, share CFDs carry a round-turn commission on both accounts, so check the row for the instrument you trade.

How much the commission matters depends on what you trade. On gold, the commission is about half of the total cost of a trade on the Zero account. On EURUSD, the spread on the Zero account is so narrow that a 1-lot trade costs $7.30 in total, close to the $7.53 on the Pro account.

Why Does Your Trading Platform Show a Different Spread?

Your trading platform can show a different HFM spread from this page for two reasons. First, spreads change through the trading day. Second, the figure on this page may measure something different from the figure in your platform.

When spreads widen

• News and economic data
  Spreads can widen around scheduled releases and unexpected announcements.
• Daily rollover
  HFM says spreads can widen and liquidity can fall from 23:55 to 00:05 server time. HFM: forex conditions (opens in a new tab)
• Thin liquidity
  Spreads widen when fewer buy and sell prices are available, often outside the main trading sessions.

Because spreads widen outside the main trading sessions, it helps to know when each HFM market opens and closes. The table below shows the trading hours of each group of HFM markets in your own time zone.

HFM trading hours by market

Time zoneUTCYour timeIndia (IST)Pakistan (PKT)South Africa (SAST)Nigeria (WAT)Thailand (ICT)Kenya (EAT)UK (UK time)New York (New York time)

Times in UTC

Market	Week	Each weekday
FX pairs28 symbols checked	Sun 21:05 → Fri 20:58	00:00 to 24:00
Metals3 symbols checked, XPTUSD differ	Sun 22:05 → Fri 20:55	00:00 to 20:58 22:02 to 24:00
Indices9 symbols checked, GER40, AUS200, HK50, EU50 differ	Sun 22:05 → Fri 20:55	00:00 to 20:58 22:02 to 24:00
Energy2 symbols checked, BRENT differ	Sun 22:05 → Fri 20:58	00:00 to 20:58 22:02 to 24:00
Crypto4 symbols checked	all week	24 hours
Shares3 symbols checked	Mon 13:35 → Fri 19:55	13:32 to 19:55

From the MT5 symbol specifications of 339 HFM symbols, read 23:15 UTC. The chart time at HFM (MT5 server time) is GMT+3. Trading hours of every symbol, with the other brokers →

Our forex market hours page shows the hours of each symbol, next to the hours at other brokers.

Three numbers, three meanings

You may be comparing figures that measure different things.

• HFM’s “from” spread
  This is the lowest spread that HFM publishes for the account.
• Our 24-hour average
  This is the average of our samples over the last 24 hours.
• Latest sample
  This is the spread we recorded in our most recent sample.

The unit can differ as well. MT5 shows the spread in points, and on currency pairs and gold, 1 pip in this tool is 10 points. So 0.9 pips shows as 9 in MT5.

Use an average to see the general level, and check the current spread in your platform when you place the order.

See the current spread on your chart

NapWela is a free MT4/MT5 indicator from Forex FanClub. NapWela shows the current spread on your chart, alongside a countdown to the close of the candle.

What Does the Total Cost Cover?

Total cost in the tool is the spread plus the round-turn commission for the lot size you set. The other costs of a trade, such as the swap, are not in it.

• Covered in this toolSpread, and round-turn commission
• Handled separatelyOvernight swap, slippage, payment fees, and trading rebates

Where to check the swap and other fees

Holding a position past the daily rollover adds a swap, and HFM can add further fees on swap-free and Islamic accounts. The HFM swap calculator shows the swap for your trade, and the swap article explains both the swap and the fees.

How Do You Get a Rebate on Your HFM Trades?

ForexFanClub pays a rebate on qualifying trades at HFM, credited separately from the spread. The totals in the tool show your cost before the rebate.

To receive the rebate, open your HFM trading account with the button below. HFM then records ForexFanClub as the partner of the trading account.

If you already trade at HFM, keep your HFM Client Area login and add one more trading account with Campaign ID 314605. The HFM rebate guide shows each step.

HFM Spread and Commission FAQ

Does the Zero account always mean a zero spread?

No. The Zero account starts from a spread of 0 on forex and gold, and the spread moves during the day. It widens around news and at the daily rollover.

On gold, for example, our 24-hour average on Zero is 0.97 pips. Compare the accounts on Total cost in the tool.

Our zero spread accounts comparison shows how often HFM Zero was at 0.0 pips on EURUSD and compares it with other brokers.

What is the HFM spread on gold?

On a Premium account, our 24-hour average spread on gold is 3.54 pips. On a Zero account, it is 0.97 pips, plus a $10 commission per lot.

The tool at the top of this page shows the figure for every account.

How do I work out the profit on an HFM trade?

The tool on this page shows the cost of a trade, which you pay whether the price moves for you or against you. For the profit, our pip calculator shows what 1 pip is worth for your lot size.

Multiply that value by the pips the price moves in your favour, and then take away the Total cost from this tool.

How does Total cost relate to my trading account statement?

Total cost estimates the spread and the commission for your lot size, so you can compare accounts before you trade.

Your trading account statement records the actual cost, including your fill price, the swap and any slippage.

The Rest of the HFM Numbers

The spread is one side of what a trade costs. HFM’s rebate, swap and margin pages cover the other costs, the account types page helps you choose an account, and two pages compare HFM with other brokers.