Questions and answers
The short answers. The manual has the details.
Is Apex Velocity really free?
Yes. There is no purchase and no subscription. The condition is that you run it on a real MT4/MT5 account at HFM that was opened through our partner link. HFM pays us a commission on those accounts, and that is how the EA is funded. The same EA is also sold separately for $3,500 for use with any broker.
Which accounts can I use?
An HFM Cent account (gold symbol XAUUSDc) on MT4/MT5. From $70,000 an HFM Premium account is used instead.
I already have an account at HFM. Can I use it?
Not the existing account itself, because it is not linked to us. An account qualifies only if it carries our referrer ID 30590139; we cannot confirm that an additional account under an existing HFM profile will be linked.
Does it work on a demo account or with another broker?
No. The free edition runs only on real MT4/MT5 accounts at HFM. A demo account number cannot be approved.
How much money do I need?
The EA is configured for $700 at the default 0.01 lot on a Cent account, and $7,000 at 0.1 lot. With a smaller deposit the margin runs out sooner in a drawdown. Whatever the amount, use only money you can afford to lose.
Can I lose money?
Yes, including the entire deposit. The EA averages into losing positions and has no stop-loss. A strong move in one direction without a pullback is the situation that empties an account. Please read the risk disclosure.
The record shows many winning days. Does that mean it is safe?
No. Averaging strategies are built to close most days in profit, so a long winning run is normal for them and says little about risk. The risk is concentrated in rare, strong one-way moves. The record is also a demo account over a short period.
Do I need a VPS?
MT4/MT5 has to stay open for the EA to trade. You can use a PC that is always on, or rent a Windows VPS. The MT4/MT5 phone app cannot run an EA.
Can I stop it from my phone?
Yes. In the MT4/MT5 app, place a Buy Limit order on gold at a special price: 1.00 closes all positions, 4.00 stops the EA and 5.00 resumes it. The EA reads the order as a signal and deletes it.
Which settings should I use?
Leave everything at the defaults for the first run. The manual explains every parameter.
How long does approval take?
If the account number matches our partner records, it is approved within 24 hours. You see the result with “Check status” on the Get started page; no e-mail is sent. If it is still pending after 24 hours, the account is not linked to us and a new account opened through the link is needed.
Is there personal support?
No. The Get started page and the manual cover every step, and the EA shows the reason on the chart when it is not trading. We do not provide individual help by e-mail or chat.
What language is the EA in?
The setting names, the messages on the chart, this site and the manual are all in English. The EA also exists in the other languages of this site: switch the language before you download it.
Who holds my money?
Your broker. Deposits and withdrawals are between you and HFM. We never hold your funds and cannot access your account.
Can I use it in my country?
That depends on HFM and on your local law. HFM does not accept clients from every country, and leveraged trading is restricted in some places. Please check before you open an account.
Start with the account
The EA can only be approved on an account opened through our link, so the account comes first.