Tunde has been trading forex on HFM for a few months. His strategy is solid, his profits look promising, but there’s one major roadblock: funding his account.
Each time he tries to deposit with his Naira card, the payment fails. His bank says, “International transactions are restricted.” He tries again with another card, same result.
If you’ve faced this too, you’re not alone. Since Nigerian banks have limited the use of naira cards for international payments, thousands of traders have struggled to fund brokers like HFM (formerly HotForex).
But here’s the good news: you don’t need to fight your bank anymore.
With EverTry’s virtual dollar card and USDT funding option, you can fund your HFM account instantly, securely, and without stress.
This guide will show you step-by-step how to fund your HFM account in Nigeria, whether you prefer using a virtual dollar card or USDT (Tether), and how EverTry makes the process seamless.
Why Nigerian Traders Struggle to Fund HFM
HFM is a globally trusted broker, licensed in multiple jurisdictions. It supports a wide range of deposit options, cards, bank transfers, e-wallets, and crypto.
But for Nigerian users, many of these options don’t work smoothly anymore.
Here’s why:
- Naira cards no longer support international transactions.
- Bank wire transfers take 3–7 business days and are often rejected.
- E-wallets like Skrill or Neteller are difficult to verify with local cards.
- Exchange rates from banks can be 30–40% higher than the market rate.
The result? Traders get stuck at the funding stage instead of focusing on trading.
That’s where EverTry comes in — designed to bypass these barriers entirely.
Understanding HFM Deposit Options
According to HFM’s official deposit options page, the broker supports several payment methods, including:
- Debit/Credit Cards (Visa, Mastercard)
- Bank Transfers
- eWallets (Skrill, Neteller)
- Crypto (Bitcoin, USDT)
Deposits are free of charge on HFM’s side, though your provider may charge small fees.
Processing time varies from instant (for cards and crypto) to several days (for wire transfers).
The minimum deposit is usually $5, depending on the account type.
For Nigerians, however, the main challenge is execution: local cards don’t go through, and bank transfers are often blocked.
So let’s explore the two reliable methods that actually work.
Two Reliable Ways to Fund Your HFM Account in Nigeria
There are two fast and verified routes Nigerian traders can use today:
Option 1 — Fund with the EverTry Virtual Dollar Card
This works just like an international debit card — but digital.
You can:
- Get it instantly from the EverTry app or website.
- Fund it with naira or USDT.
- Use it anywhere USD cards are accepted — including HFM.
Option 2 — Fund with USDT (Tether)
If you prefer crypto, HFM also supports USDT deposits.
EverTry makes this easy by allowing you to buy USDT directly, then send it to your HFM account.
Let’s walk through both step-by-step.
How to Fund HFM with the EverTry Virtual Dollar Card
Step 1: Create and Verify Your EverTry Account
- Visit EverTry.co or download the EverTry app.
- Sign up with your email and verify your identity (upload ID and selfie).
- Verification usually takes just a few minutes.
Step 2: Fund Your EverTry Wallet
- Choose your funding option:
- Naira: Transfer from your local bank account.
- USDT: If you already hold crypto, send USDT to your EverTry wallet.
- Example: If you plan to deposit $100 into HFM, load ₦160,000 (assuming ₦1,600/$ rate) into your wallet.
Step 3: Create Your Virtual Dollar Card
- Open the EverTry app → Tap “Create Card.”
- Choose USD as your card currency.
- Pay the small issuance fee.
- Your card is ready instantly — with full details (number, expiry, CVV).
Step 4: Deposit into Your HFM Account
- Log in to your HFM dashboard.
- Click “Deposit” → “Card (Visa/Mastercard)”.
- Enter your EverTry card details and deposit amount.
- Approve the payment.
- Your funds appear in your HFM account almost immediately.
💡 Example:
If you deposit $100, your HFM balance updates instantly to $100, ready for trading.
Step 5: Start Trading
- Confirm the deposit under your HFM wallet.
- Start placing trades without worrying about payment blocks.
How to Fund HFM with USDT
If you prefer to fund with crypto, this method is equally smooth.
Step 1: Buy USDT on EverTry
- Log in to your EverTry account.
- Go to “Buy USDT.”
- Pay and receive USDT in your EverTry wallet within minutes.
- Example: Buy $100 worth of USDT for your HFM account.
Step 2: Copy Your HFM USDT Deposit Address
- On your HFM dashboard, select “Deposit → Cryptocurrency → USDT.”
- Choose your preferred network (TRC20 is faster and cheaper).
- Copy the deposit address displayed.
Step 3: Send USDT from EverTry to HFM
- Go back to your EverTry wallet.
- Select “Send USDT.”
- Paste your HFM deposit address.
- Enter the amount (e.g., 100 USDT).
- Confirm transaction.
Step 4: Wait for Network Confirmation
- USDT transfers on TRC20 typically confirm in under 5 minutes.
- Once confirmed, your funds appear on HFM.
Step 5: Start Trading
- Refresh your HFM dashboard — your balance should now reflect your deposit.
Why EverTry Is the Smarter Choice for Nigerian Traders
Here’s why EverTry stands out when funding HFM:
| Challenge | With Banks | With EverTry |
|---|---|---|
| Card Declines | Common | None — globally accepted USD card |
| Funding Options | Only Naira | Naira & USDT |
| Processing Time | Days | Instant |
| Currency Conversion | High FX markup | Market-aligned rate |
| Control & Flexibility | Limited | Full control in one app |
EverTry solves real problems Nigerian traders face daily, giving you back control of your funds.
Important Things to Check Before Funding
Before depositing into HFM, make sure you:
- Match currencies: HFM wallet should be in USD to avoid conversion.
- Double-check the USDT network: Use TRC20 unless otherwise stated.
- Ensure card balance: Include a small buffer for card conversion fees.
- Avoid wrong addresses: Crypto transactions are irreversible.
- Check HFM’s deposit minimums: Usually $5 for Micro accounts.
Following these small checks ensures your deposit goes through smoothly.
Troubleshooting & FAQs
Q: What if my EverTry card deposit fails?
A: Check if your card has sufficient balance. If yes, retry — or use the USDT method for instant settlement.
Q: How long does USDT deposit take?
A: Usually under 5 minutes (TRC20).
Q: Can I withdraw my profits to EverTry?
A: Yes — you can withdraw to your EverTry card or receive USDT into your wallet.
Q: Is EverTry secure?
A: EverTry operates under global compliance standards, with encrypted card data and verified KYC.
Final Thoughts — Fund Freely, Trade Confidently
Funding your HFM account from Nigeria doesn’t have to be complicated.
With EverTry, you can:
- Create your virtual dollar card in minutes.
- Fund with naira or USDT.
- Deposit into HFM instantly — no restrictions, no declines.
Whether you’re depositing $20, $100, or $500, EverTry gives you full control, real-time access, and peace of mind.
Start trading with confidence — because funding should never stop your growth.
Ready to make your next HFM deposit stress-free?
👉 Sign up today at EverTry.co to create your virtual dollar card.
📱 Download the EverTry App on Google Play or App Store to start funding instantly.
Trade globally. Fund easily. EverTry, your gateway to borderless payments.
Disclaimer
The information provided in this article is for educational and informational purposes only and does not constitute financial or investment advice. EverTry is not affiliated with HFM (HotForex) or any brokerage platform mentioned. Trading forex and CFDs carries a high level of risk and may not be suitable for all investors. Always conduct your own research or seek advice from a licensed financial advisor before making any investment decisions.
EverTry provides payment and funding solutions only, not trading services. All brand names, logos, and trademarks belong to their respective owners.