HFM review

HFM is a reputable broker that has been providing trading services since 2010. It is regulated by FCA (UK), DFSA (Dubai), FSCA (South Africa), FSA (Seychelles), and CMA (Kenya). With over 10 years of experience, HFM has established a user-friendly website and favorable trading conditions. The broker prioritizes safety by implementing policies to prevent traders from losing more than their initial investment. Funds are also protected through segregated accounts. Retail clients benefit from negative balance protection, and the broker is part of the investor compensation fund, ensuring that investors can recover their money. HFM has attracted over 3.5 million account holders since its inception and provides support in more than 27 languages, making it a truly global broker. With a minimum deposit of just 1 USD, traders can access both web and mobile trading, enabling the use of robots and hedging strategies. Additionally, HFM has received more than 60 industry awards, including recognition for the best trading accounts globally, being among the top 100 companies, having the best online trading app, and being the best stock broker. Its consistently high rankings on various online platforms contribute to its reputation as a trustworthy broker. The final step is to choose a suitable trading account and platform.
Afghanistan, Albania, Algeria, Andorra +171 more
Account currencies
AUD, CHF, EUR, GBP +6 more
CFDs on Stocks, Crypto CFDs, Energies, Indices, Precious metals, Soft Commodities
MT4, MT5
Deposit methods
Bank Transfer, Credit Card, Neteller, Perfect Money, Skrill, STICPAY
Copy trading, ECN, Exotic Pairs, Expert Advisors, Fast withdrawals, High leverage, Lowest minimum deposit, Lowest spreads, Micro accounts, Mini lots, Negative balance protection, PAMM, Signals
Deposit bonus, Free VPS, Welcome bonus, Referral bonus
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HFM offers four different types of trading accounts designed for traders of all levels of experience and with various budgets. These account types are Premium, Pro, Zero, and Cent accounts, each offering unique features to suit different traders. The Premium account requires a minimum deposit of 0 USD and provides leverage of up to 1:2000. It offers tight spreads starting from 1.2 pips on major currency pairs, no commissions, and is swap-free. Traders with limited capital can benefit from the flexibility of a minimum lot size of just 0.01 lots. For those interested in the Pro account, a minimum deposit of 100 USD or equivalent is required. This account type offers leverage of 1:200, spreads starting from 0.5 pips, and no commissions. Trading with such low spreads and without commissions is highly competitive, as many brokers charge commissions for similar trading conditions. HFM caters to scalpers who rely on ultra-low spreads through its Zero accounts. These accounts have a 0 USD minimum deposit requirement, leverage of up to 1:2000, spreads starting from 0 pips on major currency pairs, and a super low commission of 0.03 USD per 1k lot traded. It is currently rare to find another broker offering 0 spreads accounts with such low commissions. This is made possible by HFM's large client base, which allows the broker to generate substantial income from these commissions. Lastly, the Cent account is specifically aimed at traders with extremely low budgets and beginners who are just starting to trade. This account type has a minimum deposit requirement of 0 USD, leverage of up to 1:2000, and spreads starting from 1.2 pips. HFM Cent accounts are commission-free. In terms of trading platforms, HFM supports the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Additionally, they offer a custom trading platform based on MT5, which is user-friendly. Mobile and web trading platforms are also available for traders' convenience.

FAQs about HFM

Is HFM a good broker?

Yes. HFM is licensed and regulated by numerous reputable financial authorities and offers low spreads and fees.

What is the maximum leverage of HFM?

The maximum leverage offered by HFM is 1:2000. But some jurisdictions may restrict it to 1:30.

When was HFM founded?

HFM was established back in 2010, giving it more than 13 years of experience in the Forex industry.