HFM Review Pros, Cons & Rating

Over 30 trading courses are accessible to registered users, suitable for all levels. Additionally, the proprietary HFM App is available on iOS and Android for flexible, on-the-go trading. These are tailored for clients following Shariah law and exclude interest-based rollover charges.

What is the minimum deposit for HF Markets?

Currency trading on margin involves high risk, and is not suitable for all investors. Clients can review the entire withdrawal conditions on the HFM website, where HFM transparently posts them. The minimum deposit is $5 for most payment processors, except for Skrill, SGD wire transfers, and PayRedeem, where it is $10, and bank wires, which require $100. A direct line to the finance department where most issues may arise is missing, but phone support exists. Multi-lingual customer support is available 24/5, and HFM transparently lists all contact methods on its website. A nine-member team provides additional market commentary and analytics.

• Processing times remain dependent on the payment processor and geographic location of traders, ranging between instant and ten business days.
• HFM explicitly states that it is available for all traders, meaning every client can use the option.
• While opinions on spreads vary depending on the account type chosen (with some finding Micro/Premium high, and others praising Zero), many find them competitive overall.
• While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.
• HFM imposes limited non-trading fees, focusing mainly on account inactivity and currency conversions.

I reviewed this broker to determine if it provides demanding traders with an edge. The core trading environment consists of cutting-edge trading tools, low trading costs, a balanced asset selection, and high leverage. Certain products & services may or may not be available to all clients depending on which HFM Group entity their trading account(s) adheres to.

What markets can I trade?

The minimum deposit varies by account type, starting from $0. It’s important to note that individual experiences can vary, and traders should always conduct their due diligence. However, there are some reports of account suspension issues, occasional technical glitches, and withholding of clients’ money. The broker operates globally but is restricted from offering services in certain countries due to regulatory requirements, sanctions, or other legal considerations.

Use the live symbol search tool above to see exactly what’s available right now, based on data from live accounts. While opinions on spreads vary depending on the account type chosen (with some finding Micro/Premium high, and others praising Zero), many find them competitive overall. Users often highlight the variety of account types available (like Premium or Zero Spread) and find the trading platforms reliable with good execution speeds. A common theme is fast withdrawals and easy deposits, which is always reassuring. Scrolling through the HFM reviews on FxVerify, you’ll find many traders sharing positive experiences. Keeping an eye on these costs is crucial for any trader.

Is HFM good for beginners?

Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. The myHF back office handles all withdrawal requests in a straightforward and timely manner. The withdrawal times at HFM depend on the payment processor and range between instant and ten business days. HFM describes its products and services well, and it has plenty of videos and a well-structured FAQ section. The How-To videos explain essential functions of the myHF back office and the MT4/MT5 trading platforms. Real-time market news from FXStreet completes the research tools.

Considering this, the company offers customer support through several methods. Furthermore, the platform hosts a Traders Hall of Fame, spotlighting individual traders with notable achievements. HFM has earned multiple recognitions in recent years across various aspects of the financial services sector.

The client’s region is a key factor in calculating the referral commission, too. The firm provides several promotional programs and bonuses to attract new clients and reward existing ones. Another attractive aspect that we should talk about in HF Markets review is the broker’s bonus offerings. CFDs on exchange-traded funds (e.g., SPY, QQQ, VXUS) Showcase trading skills to a wider audience Earn performance fees from successful trades

Responsive customer support also gets frequent mentions. Thinking about trading with HFM (formerly HotForex) in 2025? While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. We work hard to offer you valuable information about all of the brokers that we review.

This site does not offer trading accounts to US residents and is not regulated in the USA. HFM provides a broad range of markets to trade, mostly through CFDs. We analyse the total cost using real data from live accounts to see how they compare. Other accounts, like Premium, have wider spreads but no separate commission.

HFM offers a comprehensive educational suite that includes video courses, webinars, PDF guides, daily market analysis, and recorded lessons. Yes, Islamic or swap-free accounts are available on all HFM account types except Premium. HFM uses a spread and commission-based fee model depending on the account type. The broker has four main account offerings, including Cent, Zero, Pro, and Premium. The broker provides a copy trading service and a PAMM program. Yes, both MetaTrader 4 and MetaTrader 5 are available for traders.

• The broker provides a suite of tools to enhance the trading experience and assist traders in making informed decisions.
• The company offers a comprehensive suite of educational resources designed to cater to traders of all experience levels.
• Here’s a breakdown of the main account options on HFM.

What Types of Accounts Does HFM Offer?

Please note that EEA traders must trade with the less competitive Cyprus subsidiary as HFM does not accept them via its international brokerages. Besides the https://lunarcapital.team/ 12-plugin MT4/MT5 upgrade and the Autochartist plugin, HFM offers VPS hosting, supporting 24/5 algorithmic trading and API trading, allowing demanding clients to connect advanced trading solutions to the HFM infrastructure, plus a sentiment index. HFM offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist. The minimum deposit is $0, but it takes $100 for the most competitive trading account.

Trading Platforms: Modern and Features-Rich HFM App

HFM does not ask unnecessary questions, the process is hassle-free, and the back-office user friendly.I like the trading environment at HFM for both beginner and advanced traders. The HFM Trader’s Board has data on how HFM clients trade and a lucrative partnership program is also available.A nine-member team provides additional market commentary and analytics. One of the most ignored trading costs is swap rates on leveraged overnight positions. The commission-free trading account lists a minimum spread of 0.5 pips but carries an average one of 1.4 pips or $14 per 1.0 standard lot. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. With a methodology refined through years of industry experience, we empower traders to make informed decisions, which is particularly important when trading high-risk investments such as penny stocks.

Withdrawal and deposit times range from instant to up to 10 business days, depending on the method. HFM supports a wide range of payment methods including wire transfer, MasterCard, VISA, crypto, Skrill, FasaPay, Neteller, and WebMoney. To open a live account with HFM, visit the official website and click on “Register.” Fill in your details including email, country, and password, then verify your email. The company provides negative balance protection for its clients. It has a Trustpilot score of 4.6, and doesn’t accept US clients. HFM provides CFDs on more than 1000 financial instruments across 9 different Markets, including Forex, Crypto, and ETFs.

Guaranteed Stop LossScalpingHedgingOne-Click TradingOCO OrdersInterest on MarginHFM offer their proprietary online trading app, which is available for both Android and iOS. The upgrades result in a very competitive solution, and HFM also developed its proprietary mobile app, HFM App.Overview of Trading PlatformsMT4MT5cTraderProprietary PlatformAutomated TradingDOM? They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module. Trading with a regulated broker will limit the potential for fraud and malpractice. For over a decade, DailyForex has been the trusted Forex broker authority, establishing an unrivalled reputation for rigorous research and journalistic integrity. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

Fee Structure and Spreads on HF Markets

Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. As a leveraged product losses are able to exceed initial deposits and capital is at risk. The secure myHF back office handles all financial transactions for verified clients HFM caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu. Minimum Deposit The minimum deposit at HFM is between $0 and $100, depending on the account type. HFM’s free webinars also enhance the overall approach to educating beginner traders.

HF Markets Broker Review 2025

For an HFM TRC20 deposit, start by selecting “Cryptos” in the deposit menu, choose Tether (TRC-20), and specify the amount—minimum $30. For transactions involving currencies other than the account’s base LunarCapital forex broker currency, conversion fees are applied based on internal exchange rates. However, inactivity charges begin after six consecutive months without account activity, with a $5 monthly fee. It’s important to note that spreads can widen during low liquidity or high market volatility. For HFM verification, once your application is submitted, the broker will review it and request additional documentation for verification purposes.

Since HFM Group has licenses from multiple world-class Forex regulators, I can confidently suggest that traders manage their portfolios at HF Markets (SV) Ltd. I always recommend traders check regulation and verify it with the regulator by checking the provided license with their database. HFM also understands the importance of competitive regulation, leverage, and loyalty programs. Overall4.0/5Fees4.0/5Deposit and withdrawal5.0/5Asset selection4.5/5Ease of account opening5.0/5Regulation and security5.0/5

I recommend live chat should traders require assistance for non-urgent matters and phone support for emergencies. Clients can access their accounts through the app and trade more than 500 CFDs. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. It enables all trading strategies with a cutting-edge trading environment and competitive fees.

No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. You must be aware of the risks of investing and be willing to accept them in order to trade. High leverage can work against you as well as for you. See the table for typical deposit times and base currencies. HFM offers the ever-popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop, web, and mobile.