HFM (formerly known as HotForex) is a regulated forex and commodities broker, which was founded in 2010. HFM is the brand name of the global multi-regulated HF Markets Group, which provides trading services and facilities to over 3.5 million clients in over 180 countries. The broker allows its clients to choose from a great list of financial trading instruments, which in addition to CFDs includes more than 2000 physical stocks with zero commission. HFM offers a large selection of trading accounts, traders can open many types of live accounts, which are: Micro, Premium, Zero Spread, PAMM (Premium), HFcopy and Islamic. Forex trading can be started on Micro and Premium accounts with as low deposit as $5. For the most demanding clients there are available Zero Spread accounts with raw spreads without markup. HFM offers a number of promotions including demo and live competitions with attractive prizes and high deposit bonuses.
HFM – Safety of Funds
- HFM is operated by HF Markets Group of companies, which include:
• HF Markets (SV) Ltd is registered in St. Vincent & the Grenadines,
• HF Markets (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA) in United Kingdom,
• HF Markets (DIFC) Ltd is authorised and regulated by the Dubai Financial Services Authority (DFSA),
• HF Markets SA (PTY) Ltd is authorised and regulated as a Financial Service Provider (FSP) from the Financial Sector Conduct Authority (FSCA) in South Africa,
• HF Markets (Seychelles) Ltd is regulated by the Seychelles Financial Services Authority (FSA),
• HFM Investments Ltd is authorised by the Capital Markets Authority in the Republic of Kenya - HF Markets is operated by the HF Markets (Europe) Ltd, which is regulated by the Cyprus Securities and Exchange Commission (CySEC)
- broker funds are segregated from clients funds
- HFM ensures negative balance protection
- HF Markets (SV) Ltd is insured against civil liability up to €5,000,000
- HFM uses only major global banks
- HFM (formerly HotForex) has been in the market for over 12 years
Types of HFM popular accounts |
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Name | ||||
Minimum deposit | ||||
Maximum leverage | ||||
Minimum position | ||||
Account currencies | ||||
Platforms | ||||
Spread | ||||
EUR/USD | ||||
USD/JPY | ||||
GBP/USD | ||||
Commission | per side others: 4$/lot per side |
HFM - types of live accounts |
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Minimal deposit | |||
Account with US cents as an account currency for beginners and less experienced clients. | spreads: from 1 commission: - |
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Account for more advanced traders with trading conditions similar to Cent accounts. | spreads: from 1 commission: - |
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The idea of the account is to provide spreads as low as possible – typical spread on EUR/USD is 0.1 pips. | spreads: from 0.0 commission: $3-$4/lot ($6-$8 round-turn) |
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PAMM account allows investors to invest funds in experienced fund managers. | spreads: from 1 commission: - |
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Account available to strategy providers (from $500) and followers (from $100). | spreads: from 1 commission: - |
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Islamic account is the account without SWAPs. Micro, Premium and Zero Spread accounts are available as Islamic. | spreads: ~ commission: ~ |
Trading instruments (CFDs) |
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Currency pairs | Precious metals | ||
Stocks | Energies | ||
Indices | Soft commodities | ||
Bonds | Cryptocurrencies |
Promotions |
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