Here is a summary of the types of bonuses offered by HFM and whether they can be used in conjunction with cashback (verified in August 2026. Since promotional terms are subject to change, please be sure to check the official website for the latest conditions).
[Conclusion] HFM is a broker that actively runs promotions such as account opening bonuses and deposit bonuses. However, in general, only one of the two—either the bonus or the cashback—is typically applied, so it’s best to compare them based on your own trading volume and choose accordingly.
HFM's Main Bonuses and Benefits
| Types | Content Guidelines |
|---|---|
| Account Opening Bonus | We hold campaigns where you can receive trading funds without having to make a deposit, depending on the time of year. |
| Deposit Bonus | A 100% deposit bonus for Top-Up Bonus accounts, etc. |
| Loyalty Program | An official rewards program where HFM Bars are earned based on trading activity |
Combining Bonuses and Cash Back
Generally, accounts eligible for cashback (accounts linked to a partner code) are either excluded from official bonus campaigns or require you to choose one or the other. Whether you can participate in both depends on the account type and campaign terms, so please check with HFM Support for the latest terms and conditions.
Bonuses vs. Cash Back: Which Is a Better Deal?
The key criterion is "trading volume."
While the amount of a bonus is determined at the time of receipt, cashback accumulates in proportion to trading volume. Bonuses may be more advantageous when trading volume is low, but the more consistently you trade, the more the accumulated cashback will exceed the bonus amount. As a general rule, if you trade several lots or more each month, cashback tends to be more beneficial overall.
Examples of How to Choose Between Options in HFM
It makes sense to choose the account based on your goals: use the official campaign if you want to take advantage of bonuses, and open a cashback-eligible account through REBATE ONE if you want to reduce trading costs over the long term. Since HFM makes it easy to open additional accounts, you can also set up separate accounts for different purposes.
How to Receive Cashback
If you open a cashback-eligible account with HFM through REBATE ONE, rebates based on your trading volume will be credited directly to your trading account (auto-rebate). For instructions, please see the guide on how to change your account linking settings with HFM.
Please check the HFM official website for the latest terms and conditions.
FAQ
Can I withdraw the profits I earned from the bonus?
Withdrawal requirements (such as trading volume) are set for each campaign. Since bonuses and profits may be revoked if you do not meet these requirements, please be sure to review the terms and conditions before applying.
Can I change my account to a cashback-eligible account later?
Yes, you can. If you already have an HFM account, you can open an additional account to set up a cashback-eligible account.
