HFM
Your Gateway to Global Trading
Trade Forex, Stocks, Indices and Commodities with competitive spreads
Key Broker Details
Quick Facts
Regulation
FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)
Country
Cyprus
Min. Deposit
$0.00
Spreads
From 0.0 pips
Pros
What we like
- Low minimum deposit ($0 on most accounts) for accessible entry.
- Competitive spreads starting from 0.0 pips and high leverage up to 1:2000.
- Multi-regulated with strong client protections like fund segregation and negative balance protection.
- Excellent educational resources, research tools, and 24/5 multilingual support.
Cons
Areas for improvement
- Not available in restricted countries like USA, Canada, and Australia due to regulations.
- Trading costs slightly above average on spread-only accounts.
- Educational content lags behind some top competitors in depth.
- Weekend support unavailable.
Broker Summary
HFM (formerly HotForex) is a multi-asset broker founded in 2010, offering CFD trading on forex, stocks, indices, commodities, and cryptos with tight spreads from 0.0 pips, leverage up to 1:2000, and regulation across multiple jurisdictions for secure global trading.
Trading Platforms
Mobile Trading
yes
Web Trader
Yes
Safety & Regulation
Capitalization
Privately held; complies with regulatory capital requirements (e.g., €730,000 under CySEC)
Insurance
Yes (€5,000,000 civil liability insurance for client funds)
Licenses
CySEC License 183/12; FCA License 801701; FSCA License 46632; FSC License C113012295; FSA License SD060; DFSA License F004355; CMA License 155
Jurisdictions
Cyprus (CySEC), UK (FCA), South Africa (FSCA), Mauritius (FSC), Seychelles (FSA), UAE (DFSA), Kenya (CMA)
Trading Tools
Social Trading
Econ Calendar
Account Managers
Payments
Instant deposits via cards/e-wallets; 24/7 processing; no internal fees (third-party fees may apply)
HFM Overview
Comprehensive broker information and trading capabilities
Languages & Region
20+ including English, Arabic, Chinese, French, German, Hindi, Indonesian, Italian, Japanese, Malay, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese
Cyprus
Pricing & Fees
Commission-free on most accounts; low fees on Zero ($3/lot)
Deposit Methods
Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Fasapay, Cryptocurrencies (Bitcoin via BitPay), Local options (e.g., Momo Wallet, Nganluong)
Withdrawal Methods
Same as deposits: Credit/Debit Cards, Bank Wire (min $150), Skrill, Neteller, Cryptocurrencies
Trading Platforms
MetaTrader 4, MetaTrader 5, WebTrader
Leverage
1:2000
Account Types
Standard Accounts, Islamic Account, ECN Accounts, Classic Account, Copy Trading Accounts, VIP Accounts, Raw Account, Micro Accounts
Customer Support
24/5 via live chat, email, phone; multilingual in 20+ languages
Fund Security
VPS Hosting
HFM Insights & Features
Discover what makes HFM stand out with comprehensive tools and resources
News & Analysis
Market insights and analysis
Real-time news, expert podcasts, market updates
Top Feature
Standout platform feature
High Leverage Up to 1:2000 & Zero Spread Accounts
Research Tools
Advanced research capabilities
Autochartist, Sentiment Trader, daily analysis, FxStreet news
Educational Resources
Learning materials and courses
Webinars, videos, eBooks, tutorials, seminars
HFM Account Structure
Compare account types and features
HFM Account Types
Low-risk entry; 100% deposit bonus eligible
Trading Features & Conditions
Explore HFM's comprehensive trading ecosystem
Max Leverage
1:1000
Risk Management
Standard MT tools
Special Conditions
Cent lots (1 cent lot = 1,000 units)
Frequently Asked Questions
No FAQs available for this broker.
