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HFM Review

HFM

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
Open Demo Account Open Real Account  

Basic info­rma­tion about HFM

Web­site www.­hfm.­com, www.hfeu.com
Foun­ded2010
Coun­trySt. Vincent and the Grenadines
Cyprus
Re­gula­tions FCA (UK), DFSA (UAE), FSCA (South Africa), FSA (Seychelles), CySEC (Cyprus)
Registrations: FSA (St. Vincent and the Grenadines)
Scalp­ing yes
He­dg­ing yes
Depo­sit and
with­drawal meth­ods
Bank Wire Transfer, Credit Card, Skrill, Neteller, PerfectMoney, FasaPay, PayRedeem, BitPay, Sofort, TrustPay
Web­site lang­ua­gesEnglish, Arabic, Bengali, Bulgarian, Chinese, Chinese (Taiwan), Czech, Filipino, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Thai, Urdu, Vietnamese
No services USA, Canada, Belgium, Sudan, Syria, North Korea
Isla­mic acco­unt yes
Demo acco­unt yes (30 days)
A D V E R T I S E M E N T
Trading accounts 1Trading accounts 2

Types of HFM popular accounts

Name
Ce­nt
Pre­mi­um
Ze­ro
Pro
Mini­mum
depo­sit
$0
$0
$0
$100
Maxi­mum
leve­rage
1:­2000
1:­2000
1:­2000
1:­2000
Mini­mum
posi­tion
0.01 lot
0.01 lot
0.01 lot
0.01 lot
Acco­unt
curren­cies
USC
USD, EUR, NGN, JPY
USD, EUR, NGN, JPY
USD, EUR, NGN, JPY
Plat­forms
MT4, MT5
MT4, MT5, HFM Platform
MT4, MT5
MT4, MT5
Spre­ad
flo­at­ing
flo­at­ing
flo­at­ing
flo­at­ing
EUR­/USD
1.2
1.2
0.1
0.5
USD­/JPY
1.7
1.7
0.2
GBP­/USD
1.8
1.8
0.4
Com­mis­sion
-
-
maj­ors: 3$/lot
per side
oth­ers: 4$/lot
per side
-

HFM - types of live accounts

Account Name
Mini­mal depo­sit
Info­rma­tion
Charges
Cent
$0
Account with US cents as an account currency for begi­nners and less expe­rien­ced clients.spreads: from 1
commission:   -
Pre­mium
$0
Account for more adva­nced traders with trading condi­tions similar to Cent accounts.spreads: from 1
commission:   -
Zero
$0
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)
PAMM (Premium)
$250
PAMM account allows investors to invest funds in experienced fund managers.spreads: from 1
commission:   -
HF­copy
$500 / $100
Account available to strategy providers (from $500) and followers (from $100).spreads: from 1
commission:   -
Isla­mic
~
Islamic account is the account without SWAPs. Micro, Premium and Zero Spread accounts are available as Islamic.spreads: ~
commission:   ~

Trad­ing in­stru­ments (CFDs)

Curre­ncy pairs 50+Pre­cious metals
Sto­cks 50+Ener­gies
Indi­ces 20+So­ft com­mo­di­ties
Bon­ds 3Cry­pto­curren­cies 15+

Promo­tions

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