Score
Cyprus | 10-15 years |https://www.hfm.com/
Website
Rating Index
MT4/5
Full License
HFMarketsSA-Live Server 6
Influence
AA
Influence index NO.1
Cote d'Ivoire8.06
MT4/5 Identification
Full License
GermanyInfluence
AA
Influence index NO.1
Cote d'Ivoire8.06
Single Core
1G
40G
1M*ADSL
Cyprus 
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
WikiResearch
Barbados
viet-hfm.com hfm-viet.com vnd-hfm.com hfmpro.com hfmvn.pro 
hfmvnd.com 
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Established in 2010, HFM is an online trading broker registered in various countries. It operates under the supervision of FCA, DFSA, FSA and CMA and offers more than 500 trading instruments.
In addition, it sets up 4 types of accounts for traders with different trading needs and experience, all of which can use the 3 trading platforms it provides.
In terms of fees, the account can be commission-free trading, 0 pip starting spread trading forex and specific instruments without swaps.
What can I trade with HFM？
HFM offers 500+ trading instruments, specifically related to the following:
• Forex: 50+ currency pairs covering major currencies, minor currencies and exotic currencies.
• Metals: Precious metals such as gold, silver, platinum and palladium can be traded at spot prices.
• CFDs On Energies: Choose between spot contracts or futures contracts to trade in the crude oil market using CFDs.
• Indices: Supports access to global indices including the US 500 and the UK 100.
• CFDs On Stocks: Support for trading CFDs on stocks of the world's largest and best-known companies such as Apple, Amazon and Meta.
• CFDs On Commodities: Soft commodities as well as hard commodities such as cocoa, coffee and copper are included.
• CFDs On Bonds: Bonds issued by the world's leading economies, such as UK and US government bonds, can be traded.
• CFDs On ETFs: Covers markets, sectors, currencies and commodities.
• CFDs On Cryptocurrencies: Cryptocurrencies including Bitcoin, Ethereum, Ripple and Litecoin.
2025 SkyLine Malaysia 
2025 SkyLine Thailand | HFM Group Review Summary | |
| Founded | 2010 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC, FCA, DFSA, FSA |
| Trading Instruments | 500+ CFDs on Forex, Commodities, Metals, Bonds, Energies, ETFs, Indices, Cryptos, Stocks |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Account Type | Cent, Zero, Pro, Premium |
| Min Deposit | $0 |
| Leverage | Up to 1:2000 |
| EUR/USD Spread | 0.0 pips onwards |
| Trading Platform | MT4/5, HFM Trading App |
| Copy Trading | ✅ |
| Payment Methods | UnionPay (only withdrawal), Wire Transfer, MasterCard, Visa, Crypto, Fasapay, Neteller, Skrill |
| Customer Support | 00:00 Monday to 23:59 Friday (Server Time) |
| Live chat, contact form | |
| Tel: +44-2030978571 | |
| Fax: +44-203 097 85 70 | |
| Email: support@hfm.com | |
| Regional Restrictions | The USA, Canada, Sudan, Syria, Iran, North Korea |
HFM, founded in 2010, HFM is a multiregulated online trading broker that provides both individual and institutional clients with online trading services. HFM has been headquartered in Cyprus but serves several global offices in Dubai, South Africa, and offshore entities in St Vincent and the Grenadines.
It regulated by multiple regulators, and offers more than 500 trading instruments. In addition, it sets up 4 types of accounts for traders with different trading needs and experience, all of which can use the 3 trading platforms it provides.
| Pros | Cons |
| • Well-regulated | • No 24/7 customer support |
| • Wide range of trading instruments | |
| • Multiple account types | |
| • Rich educational resources | |
| • Multiple trading platforms | |
| • Various customer channels |
Pros:
Cons:
Yes. HFM is regulated by multiple regulatory authorities, including FCA in UK, DFSA in UAE, and FSA in Seychelles.
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
 | FCA | Regulated | HF Markets (UK) Limited | Straight Through Processing (STP) | 801701 |
 | DFSA | Regulated | HF Markets (DIFC) Limited | Retail Forex License | F004885 |
 | FSA | Offshore Regulated | HF Markets (Seychelles) Ltd | Retail Forex License | SD015 |
• HF Markets (UK) Limited, its UK entity, under the regulation of the Financial Conduct Authority - FCA in the UK (license number 801701)
• HF Markets (DIFC) Limited, the Dubai entity under regulation of Dubai Financial Services Authority - DFSA (license number F004885)
• HF Markets (Seychelles) Ltd, authorized and offshore regulated by the Seychelles Financial Services Authority (FSA), with Regulatory License No. SD015
HFM appears to be a serious player when it comes to offering protection measures for its clients. They provide market leading insurance, positioning themselves as an industry leader in financial safety.
In addition to this, they maintain their accounts with major banks and ensure the segregation of client funds for added security. They also provide protection against negative balances, helping traders avoid owing more than they've invested.
Along with these measures, HFM implements robust risk management strategies to further safeguard their clients' assets.
HFM offers a diverse range of 500+ CFDs on Forex, Commodities, Metals, Bonds, Energies, ETFs, Indices, Cryptos, and Stocks. This extensive offering provides traders with a wide range of investment opportunities and the ability to diversify their portfolio.
| Asset Class | Supported |
| CFDs On Forex | ✔ |
| CFDs On Commodities | ✔ |
| CFDs On Metals | ✔ |
| CFDs On Bonds | ✔ |
| CFDs On Energies | ✔ |
| CFDs On ETFs | ✔ |
| CFDs On Indices | ✔ |
| CFDs On Cryptos | ✔ |
| CFDs On Stocks | ✔ |
| Options | ❌ |
HFM indeed offers a range of accounts to suit various trading styles and levels. They provide the option of Cent, Zero, Pro, and Premium accounts, catering to both novice and experienced traders.
| Account Type | Minimum Deposit | Swap free |
| Cent | $/€0 | ❌ |
| Zero | $/€0 | ✔ |
| Pro | $/€100 | ✔ |
| Premium | $0 | ✔ |
The Pro account requires an initial deposit of $/€100 to get started. Interestingly, HFM does not impose a minimum deposit requirement for the Cent, Zero, and Premium accounts.
Alongside these, they also offer free demo accounts, allowing potential traders to test out their platform and develop their trading strategies before committing real money.
Opening an account with HFM typically involves a few standard steps:
Step 1: Visit the HFM website and click on the “Register” button.
Step 2: Fill out the registration form with your personal information such as country of residence, email address, and password.
Step 3: Once you've completed the registration form, you'll need to submit some documents to verify your identity and address. This generally involves uploading a copy of your passport or national ID for identification and a utility bill or bank statement for proof of address.
Step 4: After identity verification, you can choose your account type. HFM offers Cent, Zero, Pro and Premium accounts. The Pro account requires a minimum initial deposit of $/€100/₦50,000/¥13,000, while the other three types do not have a minimum deposit requirement.
Step 5: Once you've selected your account type, you can make the necessary deposit using your preferred method of payment.
Step 6: After your deposit is confirmed, your account should be set up and ready for trading.
HFM offers a maximum leverage of up to 1:2000, which can be an attractive feature for traders looking to maximize their potential profits with a smaller investment. This high leverage also provides greater market exposure and trading opportunities, allowing traders to take advantage of price movements in various markets.
However, it is important to note that high leverage also comes with high risk and potential losses. Traders must exercise proper risk management and discipline to avoid margin calls and account liquidation. While this feature may attract experienced traders, it may not be suitable for all, especially beginners or those with limited capital.
HFM caters to different trading preferences with variable spreads across its account types.
| Account Type | Spread (Variable) | Commission (Forex) |
| Cent | From 1.2 pips | ❌ |
| Zero | From 0 pips on forex | ✔ |
| Pro | From 0.6 pips | ❌ |
| Premium | From 1.2 pips | ❌ |
HFM offers multiple trading platforms including the popular MetaTrader4 and MetaTrader5 platforms as well as their proprietary HFM Trading App.
The MetaTrader4 and MetaTrader5 platforms are widely used in the industry and provide traders with access to a wide range of trading tools and indicators.
The HFM mobile app is relatively new but has an intuitive user interface and advanced charting features. However, it may have limited customization options and a limited selection of third-party plugins and add-ons.
HFM indeed provides a variety of options to make deposit and withdrawal processes simple and flexible for its customers. They accept UnionPay (only withdrawal), Wire Transfer, MasterCard, Visa, Crypto, Fasapay, Neteller, Skrill.
The minimum deposit or withdrawal limit is quite low, set at $5 for most payment methods, which makes it convenient for traders of all sizes. They also ensure cost-effectiveness by not charging for most deposits and withdrawals.
More details can be found in the below screenshots:
HFM is deeply committed to trader education and offers a comprehensive suite of educational resources for traders at all levels. They provide in-depth trading courses that cover a wide range of topics.
Their portfolio of educational resources also includes engaging videos that explain intricate trading concepts in an easy-to-understand format.
They hold webinars and seminars (upcoming), giving both novice and experienced traders the opportunity to learn first-hand from industry experts.
Additionally, HFM provides insightful podcasts featuring discussions on various trading topics.
In addition, HFM offers How To Videos for traders to learn about using HFM App, MT4 and MT5 platforms.
HFM offers multiple avenues of customer support to ensure all client queries and concerns are attended to. The live chat feature on their platform allows for real-time assistance, alongside a contact form for more comprehensive inquiries.
They can also be reached through their phone number: +44-2030978571 or via email at support@hfm.com.
For those who prefer social media interactions, they have an active presence on Facebook, Twitter, Telegram, Instagram, YouTube, and LinkedIn where they post regular updates and users can interact with them.
Lastly, for common questions, their FAQ section could be of help as it covers a range of general queries.
HFM, a globally recognised and multi-award-winning broker, proudly marks its 15th anniversary, celebrating a journey defined by trust, transparency, and a strong commitment to trader education.
Ramadan is a month of blessings, purity, and kindness celebrated worldwide. HFM, a reputable broker, is enhancing your celebration by providing a Ramadan special offer. Check out the details of this offer below.
If you were expecting a New Year promotion this month, then your wish has been heard. The well-known broker HFM has launched the New Year 2025 Promotion for traders and investors. It offers thrilling rewards. Read important details of the promotion below.
Join HFM’s Christmas Promotion in the Philippines from Dec 2, 2024, to Jan 31, 2025, and win your share of PHP 1,000,000+ in cash prizes. Everyone’s a winner!
The Securities Commission Malaysia (SCM) issued a warning against a well-known broker, HFM/HFM Markets.
We received a complaint from Mrs. Agatha, who was struggling with the withdrawal procedure on the trading platform HotForex and Wealth creation FX company. A manager from the Wealth creation FX company and HotForex asked for an account releasing fee during the process of the withdrawal. As what the victim said, she realized that it didn’t add up when the manager asked her to pay ZAR 4,900.
Yes, it offers a free demo trading account, allowing you to test their platform and develop your trading strategies before trading officially.
HFM offers four types of accounts: Cent, Zero, Pro, and Premium.
HFM offers spreads as low as 0 pips (ZERO account), which is lower than the industry standard.
You can trade using MT4/5 and the HFM Trading App.
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FX2284056203
Vietnam
HFM has fraudulently charged me $2,553 in overnight fees. The platform offers a 45-day free overnight fee policy, but my account has not reached that period yet, and the platform has deducted $2,553 in overnight fees from my account (from the time I created the account until now) for an unjustifiable reason. The platform claims I abused the overnight fees without providing any concrete evidence. I traded normally, and I had previously asked HFM platform staff that my account was eligible for 45 days of free overnight fees and that the platform would not deduct any fees from my account. I request that HFM platform return the 2553 USD to me.
Exposure
年少无知
Hong Kong
The black platform directly rejected my withdrawal request, and I can't get my money out. I'm so anxious. The evidence is shown in the picture below.
Exposure
LAM SAU FONG
Malaysia
I was trading gold futures at a financial investment center in Malaysia called HFMARKET under the name of a company regulated by the UK Financial Conduct Authority (FCA). The incident occurred on July 17th (trading platform time: 7:36 AM), when the HFM MT5 trading platform forcibly liquidated my position. The liquidation price did not match the actual market price, and the liquidation order recorded in the trading platform log did not correspond with the liquidation time. The company failed to explain the discrepancy between the liquidation price and actual market data. For simultaneously liquidated trades, the liquidation prices differed by 100 pips: - Buy order: Price 3400, but liquidated at 3249 - Sell order: Price 3254, but liquidated at 3427 The day's market high was 3352.86, and the low was 3309.45. I provided evidence and demanded the company properly resolve this matter, but they failed to offer a satisfactory explanation. An unreasonable 100-point discrepancy appeared in the trading spread. Furthermore, the photos I submitted also show significant discrepancies: At 4:36, I performed no actions, yet the spread and price differed by 100 points, with the platform's forced liquidation occurring at this exact time of 4:36. At 7:36, the spread and price records do not match. Backend records show no orders at 7:36, yet the forced liquidation time is recorded as 7:36 in the photo. I immediately emailed HFMARKETS to lodge a complaint. The company requested all supporting evidence and photos, which I have consistently provided. However, the company has yet to offer any reasonable response and remains silent.
Exposure
黄富城
Hong Kong
New accounts can only trade with accounts that have large spreads; accounts with small spreads are not available.
Neutral
hai tran
Vietnam
The platform offers high leverage, fast order execution. Deposits and withdrawals are quick. High security, low deposit/withdrawal spread. Support is enthusiastic. However, leverage is reduced during news events.
Positive
FX1565983808
Thailand
Deposits and withdrawals are convenient and fast. There are bonuses, 100% and 20% deposit bonuses. I've been playing for many years and haven't encountered any problems. A minor issue is with crypto deposits—you have to take a photo, send it, and request permission for crypto deposits and withdrawals before you can proceed. Everything else is great. The spreads are acceptable, and there are multiple account options to choose from, depending on your trading preferences and goals.
Positive
FX3094007385
Indonesia
A deposit via Dana on August 28, 2025, at 6:03 p.m. did not enter the hfm e-wallet even though the transfer was successful. I have contacted hfm support many times, but there has been no confirmation as to when the deposit will enter the e-wallet.
Exposure
zeynap006
Turkey
I deposited $3,000 and opened small trades on GBP/USD and EUR/USD. As soon as I was over $220 in profit, the manipulation started: Massive slippage near key levels Fake spikes on MT4 not seen on TradingView Delayed execution and sudden spread widening Lag only when in profit – highly suspicious News candles were rigged (see screenshots) Support gave copy-paste responses, denied everything
Exposure
きのこまん
Japan
The spreads are tight, deposits and withdrawals are stable, making it a reliable broker. I also enjoy participating in their occasional trading competitions. Their customer support is excellent as well.
Positive
FX5137562772
Japan
The appeal of micro accounts, which can be used for practice, lies in the fact that they allow you to operate with small amounts of real money rather than virtual funds like demo accounts. They are particularly convenient for the verification stage before committing larger funds or when you want to practice trading while minimizing risk. Since you can experience the actual market dynamics with small amounts, they are helpful for getting a feel for trading. However, the trading environment tends to have slightly wider spreads, making them somewhat unsuitable for short-term trading. On the other hand, execution is stable with minimal slippage, which is a significant advantage as it allows for worry-free trading.
Neutral
sndbb
India
I have noticed chart descripanses when compared to trading view, most time charts in HFM expecially in gold, price moves more faster as if deliberately manipulated.Causing me financial losses
Exposure
bsbsb227
India
Honestly never thought i will face issue to withdraw my funds and they will block my wallet they keep rejecting it even i have talked to them with customer support the and they keep the same words i even wrote emails to them many time with providing all the proofs and still honestly very disappointing response
Exposure
pakxbbs
India
My $100 withdrawal from HF Markets (HFM) was a disaster. Despite their website claiming "no fees," I received only $52 via wire transfer. This is outright robbery. The hidden charges, combined with their notoriously high spreads, make trading with them a financially draining experience, leaving traders with far less than they are owed.
Exposure
hdbdb3124
India
Once you profit with HF Markets (HFM), they'll scam you. They close your MT4 account, reject all withdrawal requests, and lock you out of your client portal. They'll stop at nothing to prevent you from getting your money, making it impossible to withdraw any funds.
Exposure
hdjdb
India
if you deposited even one dollar through a different payment method and then win thousands, and decide to withdraw everything, they will reject the payment just because that one dollar came from a different deposit method, even if all the account details match the account holder’s name. This is not to mention the long delays in approving or rejecting a withdrawal.
Exposure
gajsvs
India
Don't use UPI to deposit money with this broker. They take the payment through a merchant's UPI ID, then deny receiving the funds, even when you provide proof. I've been in contact with their deposit team for a week, and despite providing all the necessary documents and bank statements, they keep asking for the same information.
Exposure
sajji
India
I still havent received my withdrawal. support remains obsolete no news no replies whatsoever its insane why other brokers I use my credit card as my main payment method always quick deposit/withdrawal but witu you guys I have to take ages im never trading with you guys again
Exposure
Akshar3833
India
Have put money with them and immediately tried to withdraw as a test for future business. Have been trying to get my funds for almost 3 weeks now. Support bounces you around not dealing with the problem and just give you generic answer that doesn't help. Do not put money with these people, they have the appearance of a top end broker but their actions are very scam like.
Exposure
Rukki1435
India
I deposited and tried trading on HFM, but every single order got executed with massive slippage. Even small trades like 0.01 lot on USDJPY showed losses instantly due to manipulated price execution. My withdrawals were deducted unfairly, credits were cancelled, and my balance kept disappearing with no clear reason. The chart clearly shows how orders were executed far away from the actual market price – making it impossible to profit. This is not normal trading; it’s pure manipulation. HFM is not a reliable broker. Be very careful – they will eat your deposit through slippage, hidden deductions, and unfair withdrawals. 🚫 Stay away from HFM if you value your money! 🚫
Exposure
Orhai
India
Scamming going on in HFM as i had deposited more than 200 dollars through their website, and they said that the reciver didnot get any payment. This happened in Dec 2024 and i have all the proof through my bank that they payment was sent from our side and was completed. From December till May 2025 i have still not received my money, if i mail the support team of HFM they just say they will look into this matter and then text me saying that their reciver didnot receive any money. And now they have stopped replying to my mails.
Exposure
kundra00
India
Started with $100 on using EA. Grew profit to over $7,400 with normal trading. Withdrawal of $4,468 was rejected, then account was banned without any warning. HFM claimed “prohibited trading” but gave no clear explanation. All profits and balance were erased. Totally unfair — beware!
Exposure
Tamanna Siddique
India
when i deposit i have to wait for 30min sometimes or even hours for the money to reflect on trading account. yesterday i Withdrew R500 I never got my money those employees that they are working on my account they deducted this is what they said "Kindly note that due to a technical error in the system, your withdrawal of 321.00 ZAR was cancelled and funds were credited back to your myHF Account, however, the amount was twice to the requested account , as such there is an outstanding amount of 321.00 ZAR'' I asked them who was responsible for technical error because I dont work at HFM because they decided to no pay my profits.
Exposure
Juned Khan
India
I have been waiting for my account verification for one Month without clear explanation why.I can't even make my withdrawal for one month,is not good at all
Exposure