HFM is running the Chuseok Race from 21 September to 16 October 2026, with a total prize pool of more than $50,000. The promotion gives eligible South Korean clients two ways to receive a forex reward: qualify for a guaranteed cash prize under Tier 2 or enter a Tier 1 lucky draw with prizes of up to $5,000. The promotion covers Forex, Gold, Silver, Crypto and Indices, but specific deposit and trading volume requirements apply.
What Is the HFM Chuseok Race?
The HFM Chuseok Race is a trading promotion linked to Hangawi, the Korean harvest festival. It is available exclusively to residents of South Korea using eligible HFM accounts under HF Markets (SV) Ltd.
There are two reward levels. Tier 2 provides a guaranteed randomly allocated cash reward to every client who meets its requirements. Tier 1 gives qualifying clients a chance to win one of five larger prizes through a computerized lucky draw.
HFM Chuseok Race Rewards
| Tier | Requirement | Reward |
|---|---|---|
| Tier 1 | Deposit $500 / €435 and trade 100 counted standard lots | Lucky draw for $5,000, $4,000, $3,000, $2,000 or $1,000 |
| Tier 2 | Deposit $300 / €260 and trade 20 counted standard lots | Guaranteed random reward of $500, $250 or $100 |
Tier 1 participants receive one lucky draw ticket after meeting the qualifying conditions. They can earn one additional ticket for every further 10 standard lots traded, up to a maximum of 10 tickets in total.
A client who qualifies for Tier 1 but does not win the lucky draw receives a Tier 2 reward instead. Tier 1 and Tier 2 prizes cannot be combined.
How to Participate in the HFM Chuseok Race
Participation requires a verified HFM account and an approved wallet.
- Log in to the HFM Client Area.
- Go to Promotions > Chuseok Race and register for the promotion.
- Make the required deposit and trade the qualifying instruments during the promotion period.
Both new and existing clients can participate. Demo accounts are excluded.
HFM Chuseok Race Trading Conditions
Only trading volume generated after successful registration and during the promotion period counts toward the requirements. Trades generated by HFM bonus funds are excluded.
The eligible markets are:
- Forex
- Gold
- Silver
- Crypto
- Indices
Positions must remain open for at least two minutes to qualify.
The required standard-lot calculation also depends on the account type:
| Account type | Qualifying volume conversion |
|---|---|
| Premium / Copy-Premium / Bonus | 1 = 1 standard lot |
| Pro / Copy-Pro / Zero | 2.5 = 1 standard lot |
| InfinityX | 5 = 1 standard lot |
| Cent / Copy-Cent | 100 = 1 standard lot |
| Copy Trading | Based on the underlying account type |
The promotion accepts USD and EUR as base currencies. Multiple eligible trading accounts may be used under the same wallet.
Withdrawal Requirements for the HFM Forex Reward
The cash prizes are credited to the participant’s approved HFM wallet after the promotion and are stated to be available for immediate withdrawal.
HFM will announce the winners and credit applicable prizes within two weeks after the promotion ends, with the terms stating that this will be completed by 30 October 2026.
Participants are responsible for any taxes that may arise from receiving a prize. HFM also retains the right to disqualify participants or withhold prizes in cases involving suspected fraud, manipulation, abuse, internal or external hedging, or other breaches of the promotion terms.
HFM Broker Information
The Chuseok Race is offered by HF Markets (SV) Ltd, the HFM entity incorporated in Saint Vincent and the Grenadines under registration number 22747 IBC 2015. HFM’s current legal documentation confirms the company’s incorporation and registration details.
The promotion terms state that HF Markets (SV) Ltd is registered with the Financial Services Authority of St. Vincent and the Grenadines. Traders should check which HFM group entity holds their account, as HFM operates through several entities in different jurisdictions. HFM also states that its services are not available in certain jurisdictions.
As with other leveraged CFD products, trading involves a substantial risk of loss. The promotion does not reduce the normal risks associated with Forex, metals, indices, crypto or other leveraged instruments.
HFM Chuseok Race Dates
Promotion period: 21 September – 16 October 2026
Final entry date: 16 October 2026
Prize crediting: Within two weeks after the promotion ends, by 30 October 2026 according to the terms.
The promotion terms specify that eligibility ends at 23:59 local time on 16 October 2026.
HFM Chuseok Race Summary
The HFM Chuseok Race combines a guaranteed reward mechanism with a larger lucky draw. Tier 2 requires a $300 deposit and 20 counted standard lots, while Tier 1 requires a $500 deposit and 100 counted standard lots. Tier 1 offers five major cash prizes, while clients who qualify but do not win the draw remain eligible for a Tier 2 reward.
The promotion is limited to South Korean residents, and the account type, qualifying instruments, registration timing and lot conversion rules should be checked before trading.
| Broker name | HFM |
| Promotion name | Chuseok Race |
| How to get? | 1. Open or log in to your HFM Client Area. 2. Go to Promotions > Chuseok Race and register for the promotion. 3. Make the required deposit and trade the qualifying instruments during the promotion period. |
| Lucky draw | 1. $5,000 2. $4,000 3. $3,000 4. $2,000 5. $1,000 |
| Reward | $500 | $250 | $100 |
| HFM information | HFM is the global trading brand of HF Markets (SV) Ltd, registered with the Financial Services Authority of St. Vincent and the Grenadines. |
| Promotion dates | 21.09.2026 – 16.10.2026 |
The promotion is not available to traders from EU
‹‹‹ back to the listFrequently Asked Questions
What is the HFM Chuseok Race?
The HFM Chuseok Race is a trading promotion for eligible South Korean HFM clients running from 21 September to 16 October 2026, with a prize pool of more than $50,000.
How much can I win in the HFM Chuseok Race?
The largest Tier 1 prize is $5,000. Other Tier 1 prizes are $4,000, $3,000, $2,000 and $1,000. Tier 2 rewards are randomly allocated at $500, $250 or $100.
Is the HFM Chuseok Race available worldwide?
No. The promotion terms state that it is available exclusively to residents of South Korea.
Do I need to register before trading?
Yes. Only trading volume generated after successful registration for the Chuseok Race and during the promotional period is counted.
Which markets count toward the HFM Chuseok Race?
Qualifying volume can come from Forex, Gold, Silver, Crypto and Indices, subject to the promotion’s account and trading rules.
Can I withdraw the HFM forex reward?
According to the promotion terms, prizes are credited to an approved wallet and are available for immediate withdrawal once awarded.
What happens if I qualify for Tier 1 but do not win?
A client who qualifies for the Tier 1 lucky draw but does not win one of the five major prizes is guaranteed a Tier 2 cash reward, provided the Tier 2 conditions are satisfied.
Last verified: 24 September 2026
Do you recommend the promotion?
