| HFM Summary | |
| Founded | 2010 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC, FCA, DFSA, FSA (Offshore) |
| 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: [email protected] | |
| Regional Restrictions | The USA, Canada, Sudan, Syria, Iran, North Korea |
HFM Information
HFM, a trading name of HF Markets Group, founded in 2010, is a financial 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.
HFM is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, HFM acts as an intermediary and takes the opposite position to its clients.
Pros & Cons
| Pros | Cons |
| • Well-regulated | • Regional restrictions |
| • Wide range of trading instruments | • No 24/7 customer support |
| • Multiple account types | |
| • Rich educational resources | |
| • Multiple trading platforms | |
| • Various customer channels |
Market Instruments
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 | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Bonds | ✔ |
| Energies | ✔ |
| ETFs | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Stocks | ✔ |
| Options | ❌ |
Account Types
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.
Trading Platforms
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.
