HFM pays a 20% top-up bonus on every deposit, up to $5,000 in total, but only on its Top-up Bonus account and only in countries where that account is offered. The bonus account is capped at 1,000:1 leverage. HFM has no no-deposit bonus, and its EU and UK companies can't offer bonuses to retail clients.
HFM’s bonus in brief
| Item | HFM (international clients) |
|---|---|
| Deposit bonus | 20% on every deposit |
| Maximum bonus | $5,000 in total |
| Eligible account | Top-up Bonus account only |
| Leverage on the bonus account | Up to 1,000:1 (other accounts up to 2,000:1) |
| No-deposit bonus | None |
| Availability | Varies by country |
The terms come from TradingFinder’s HFM profile and match other recent reviews, which also note that availability depends on your country and account. A $1,000 deposit therefore adds $200 of bonus, and you reach the $5,000 cap after $25,000 of deposits. Promotions change, so check HFM’s promotions page in your client area for what applies to you.
Before you accept the bonus
Check these in HFM’s bonus terms:
- whether it’s credit (not withdrawable) and what a withdrawal does to it
- trading-volume conditions, if any, for profits
- that you’ve opened the Top-up Bonus account, since other accounts don’t qualify
- what cancels it (stop-out, transfer, inactivity)
Our bonus rules guide explains these.
Worked example: how a proportional bonus shrinks
Suppose a broker adds a 50% credit bonus to a $1,000 deposit, so your margin is $1,500. If you then withdraw $500, half of your deposit, a proportional rule removes half of the bonus too: $250. Your margin drops to $750, not $1,000. With open positions, that sudden fall can push your margin level towards stop-out. This is a common structure used to illustrate the risk; read HFM’s terms for its exact mechanism.
Bonus or lower costs?
The Top-up Bonus account gives up the Zero account’s raw pricing. At $6 per lot round trip, a Zero account trader who would otherwise pay a 1.4-pip spread saves about $8 per lot. Over 25 lots, that saving matches the $200 bonus on a $1,000 deposit. Frequent traders often do better without the bonus; occasional traders get more from the extra margin. Account details are on HFM account types.
| Broker | Deposit bonus | Bonus | Visit broker | ||
|---|---|---|---|---|---|
 XMFeatured | 4.9/5Editorial rating | ✓ | 100% deposit bonus | 100% deposit bonus | Visit |
 HFM | 4.1/5 | ✓ | 20% top-up on every deposit, up to $5,000 | 20% top-up bonus on every deposit up to $5,000 | Visit |
 BigBoss | 3.2/5 | ✓ | Three-tier deposit bonus up to $13,840 | Three-tier deposit bonus up to $13,840 | Visit |
 Vantage | 4.3/5 | ✓ | 100% first-deposit bonus | Promotions vary by region | Visit |
Other bonus terms: XM bonus, BigBoss bonus, Vantage bonus, and the bonus comparison. If you’d rather skip bonuses and focus on costs, see HFM spreads.
Related
Bonus at other brokers
Frequently asked questions
Does HFM have a deposit bonus?
Yes. HFM adds 20% to every deposit on its Top-up Bonus account, up to $5,000 of bonus in total. Availability varies by country, and HFM's other accounts don't receive it.
Why don't HFM's EU and UK sites show bonuses?
EU and UK rules stop brokers offering bonuses to retail CFD clients. Those rules apply to HFM's EU and UK companies, not to its offshore group companies.
What happens to a bonus when I withdraw?
At most brokers that offer deposit bonuses, a withdrawal reduces or removes the bonus, often in proportion to the amount withdrawn. Check the exact rule in HFM's bonus terms before you accept the offer.
Is a bonus worth it if I trade a raw-spread account?
HFM's bonus isn't available on the Zero raw-spread account, only on the Top-up Bonus account. Compare the bonus with the cost saving of a commission account before deciding.