If you are looking for a broker that offers not only competitive trading conditions but also attractive promotions, you might want to check out HFM broker. HFM is a global broker that provides access to various trading instruments, such as forex, metals, indices, commodities, stocks, and cryptocurrencies. HFM also supports MetaTrader platforms and offers a range of tools and services to enhance your trading experience.
One of the latest promotions from HFM is called Return on Free Margin (ROFM). This is a unique program that allows you to earn daily interest based on your free margin and trading volume. In this article, we will explain what ROFM is, how it works, and how you can join and benefit from it.
What is Return on Free Margin?
Return on Free Margin is a promotion that gives you a chance to earn daily earnings based on your free margin and trading volume. Free margin refers to the amount of equity minus margin requirement and bonus in your trading account. Trading volume is calculated from any closed trade on CFDs on forex and metals which had been opened for more than three minutes in that month.
The interest rate depends on your free margin and trading volume, as shown in the table below:
|Free Margin Range – Daily||Trading Volume Range – Monthly||Rate of Return on Free Margin|
|$1,000.01 – $25,000||5-50 lots||2%|
|$1,000.01 – $25,000||Over 50 lots||2.5%|
|Over $25,000||5-50 lots||2.5%|
|Over $25,000||Over 50 lots||3%|
The interest will be transferred to your wallet in the following month and you can either withdraw it or use it for trading with no restrictions.
How does Return on Free Margin work?
To join the ROFM program, you need to have a live trading account with HFM broker. You can open a Micro, Premium, Auto, Zero, Platinum or HFCopy account and enjoy the promotion. You can also apply for an Islamic (Swap-Free) account if you prefer.
Once you have opened your account, you need to follow these steps:
1. Visit HFM’s official website and log in to your myHF account.
2. Open the homepage and click “Promotions” on the menu bar, then “Contest”.
3. Click “Return on Free Margin” to find all information about the program.
4. Read the terms and conditions, then click the “Join ROFM” button to participate.
You can also join the program if you are an existing client by logging in and following steps 2-4.
After joining the program, you will start earning interest from the moment you trade 5 lots or more on closed trades which had been opened for more than three minutes on CFDs on forex and metals in any given month. The interest will be calculated based on your daily free margin and monthly trading volume.
For example, if you have a free margin of $10,000 and trade 10 lots in January, you will earn 2% interest per day, which is $200 per day or $6,200 per month. The interest will be credited to your wallet in February and you can use it as you wish.
What are the benefits of Return on Free Margin?
The ROFM program offers several benefits for traders who want to maximize their profits and minimize their risks. Some of the benefits are:
– You can earn daily interest based on your free margin and trading volume, up to 3% per month.
– You can use your earnings for trading or withdraw them with no restrictions.
– You can enjoy access to a wide variety of trading instruments, MetaTrader platforms, and high-quality tools from HFM.
– You can participate in other promotions and contests from HFM at the same time.
Return on Free Margin is a new way to earn from HFM broker that rewards you for having a healthy balance and trading actively. It is a simple and easy program that does not require any additional deposits or fees. All you need to do is open a live account with HFM, join the program, and start trading CFDs on forex and metals.
If you are interested in joining the ROFM program or learning more about it, you can visit HFM’s website or read the review of HFM forex broker first. They will be happy to assist you with any questions or concerns you may have.
Hurry up and join the ROFM program today and start earning from your free