HFM demo contest: rules and how to enter
Who can enter the HFM Virtual to Real demo contest, how to register, how the prize is treated and what withdrawing a profit takes, from HFM's terms.
Published ・ MyBrokerBonus Editorial
The HFM (HF Markets) Virtual to Real demo contest lets you compete with a demo account, and the top finishers receive trading-bonus prizes. This guide checks who can enter, how to register, how the prize is treated and what the terms say about withdrawing a profit, using the wording HFM itself publishes. The contest is run by HFM, not by this site.
The two tables below are rebuilt from this site’s data every time the site is updated. The prizes and any rates appear only in the tables, never in the text, because they change. Read the official page for the current details before you enter.
1. About HFM
First, the broker’s basic facts in one table. Only the items we could confirm are shown. A missing row means we could not confirm it on the official pages.
HFM at a glance
| Item | What the broker states |
|---|---|
| Operating legal entity | HF Markets (SV) Ltd |
| Founded | 2010 |
| Head office country (registered address) | St. Vincent & Grenadines |
| Regulatory status | HFM says its group companies are regulated by authorities in the UK, South Africa, Seychelles and Kenya. |
| Trading platforms | HFM WebTrader, MT4, MT5, HFM App |
| Maximum leverage | 1:2000 |
| Zero-cut (negative balance protection) | Yes |
| Hedging and scalping | Hedging: allowed Scalping: allowed |
| Account types | KATANA (min. deposit $500) Cent (min. deposit $0) Zero (min. deposit $0) Pro (min. deposit $100) Premium (min. deposit $0) Top-up Bonus (min. deposit $0) |
| Deposit and withdrawal methods | Bank Transfers, Credit/Debit Cards, Alternative |
| Deposit fee | None |
| Withdrawal fee | None (the banks involved in a bank transfer may charge their own fees) |
| Deposit time | Up to 10 minutes (some methods are instant) |
| Withdrawal time | Instant to 10 business days, depending on the method |
| Website languages | English, العربية, বাংলা, 简体, Español, Français, Indonesia, 日本語, 한국어, Melayu, Português, ภาษาไทย, Việt Nam, 繁体, اردو, हिंदी |
Checked Oct 9, 2026 (Fri). Full company page
2. The contests on offer now
HFM’s contests are below. A contest that has ended drops off the table automatically. This guide covers the Virtual to Real demo contest, where you compete on a demo account and the prize is credited to a live account. The other rows run under their own terms and are not explained here.
HFM Contests running now
| Broker | Bonus | Kind | Amount | Conditions | Official site |
|---|---|---|---|---|---|
| HFM | Traders Awards | Live account | $1,000 | $1,000 cash prize each month for the greatest gain Live Premium account | Go to official site |
| HFM | Virtual to Real Demo Contest | Demo account | Up to $2,000 | Monthly demo-account contest Prizes are credited to a live account | Go to official site |
Checked Oct 21, 2026 (Wed). Items the broker does not state are left out. Brokers are in alphabetical order, not ranked.
The conditions column gives only the main points. The terms themselves are quoted below, word for word, from HFM’s demo contest terms, each with a link to its source.
3. Who can enter, and with which account
The Demo Contest is available to all of the Company’s Clients who have satisfied the Criteria for this Demo Contest as set out in paragraph 1.2.,1.3 and 1.4 of the Demo Contest Terms and Conditions.
HFM, official page
What it means. Any HFM client can enter, but only if they meet the criteria in paragraphs 1.2, 1.3 and 1.4 of the contest terms. This sentence does not list those criteria. Open the terms document and read those paragraphs yourself.
Only Clients with a Demo Contest account are eligible to participate in this contest.
HFM, official page
What it means. You need a Demo Contest account. Trading on an ordinary demo account or on a live account does not put you in the contest. You have to set up the contest account.
Clients having country of residence or country of incorporation China and/or Bangladesh are not eligible to participate in this contest.
HFM, official page
What it means. If your country of residence, or your company’s country of incorporation, is China or Bangladesh, you cannot enter. The sentence says nothing about other countries, so check your own on the official page. The terms also say the contest can be applied to only one account per client.
Caution
HFM changes the pages it shows according to the visitor's country. If what you see on HFM's site differs from this site's tables, follow the conditions and terms on your own screen.
4. How to enter
The Client must register for the competition via the competition dedicated page in order to participate.
HFM, official page
What it means. You enter by registering on the contest’s own page. Having an account is not enough. If you trade without registering, your results may not count.
5. From the prize to a withdrawal
- Register for the contestOn the contest's own page
- Trade on the demo contest accountDemo money, no real funds at risk
- Finish high in the rankingPrizes go to the top places
- Prize is credited to a live accountThe prize itself cannot be withdrawnThis section
- Withdraw profitOnly after the trade count and volume are met
The steps with the darker frame are where the prize conditions apply.
The prize funds cannot be withdrawn but any profits can be withdrawn as long as the winner(s) has completed at least 50 round turn trades and a total volume of 10 standard lots.
HFM, official page
What it means. The prize money itself can never be taken out. What may be withdrawn is the profit made with it, and only after the winner has completed at least 50 round-turn trades (opened and closed) and a total volume of at least 10 standard lots. Both conditions have to be met, not just one. To see how much trading that is for your own style, try the position size calculator.
The terms also say that when a profit is withdrawn, the prize amount is deducted from the live account, which is then archived. Treat a withdrawal as the end of that prize account.
In case the trading account of the credited prizes remains inactive for a period of sixty (60) calendar days, the Company reserves the right to withdraw any profits and the prize funds the client was awarded through the Demo Contest.
HFM, official page
What it means. If the account that received the prize sits idle for 60 calendar days, HFM may take back both the profits and the prize funds. Winning and then leaving the account untouched can cost you the prize.
Point
We have not confirmed in our data what the prizes are for each place, or any monthly conditions beyond the terms above. We do not state them here. Read the contest page for the current month.
6. Before you enter
- Check on the official page that your country is allowed.
- Read paragraphs 1.2, 1.3 and 1.4 of the contest terms.
- Register on the contest’s own page and set up the Demo Contest account.
- Remember that only one account per client can be used in the contest.
- A prize account left inactive for 60 days can be taken back.
- If you hope to withdraw a profit, work out first whether you can meet the trade-count and volume conditions.
To compare HFM with other brokers, see No-deposit bonuses compared. For how withdrawal clauses are worded across brokers, see How to read bonus withdrawal conditions. To see how the credit looks on your screen, read How bonus credit looks in MT4 and MT5.
Risks to keep in mind
Trading with leverage can lose money quickly, and a bonus does not change that. Bonus credit is best seen as a way to try a broker’s platform with limited risk, not as a source of income. Profits are not promised, and the terms attached to a bonus can make it hard to withdraw anything. Only trade with money you can afford to lose.
