- Does not accept clients from the USA, Canada, Sudan, Syria, and North Korea.
- HFM trading fees are slightly higher than average industry rates.
- HFM copy requires a minimum investment of 300 EUR, often considered steep.
HFM broker offers more than 1000 leveraged products ( such as Forex) and varieties derivative. The broker offers such a large variety of instruments to diversify the client’s experience. In our HFM Review, we cover trading platforms, account types, spreads, leverage & more.
Overview
HFM Markets now known as HF Markets or HFM is a multi-asset Forex broker specializing in Forex and Commodities trading. The brokerage firm was established in 2010 and is headquartered in Cyprus. However, they also have several global offices in Dubai, South Africa, and offshore entities in St Vincent and the Grenadines. The broker offers several base currencies, allowing clients to choose their preferred currency.
HFM broker offers trading platforms such as MetaTrader 4, MetaTrader 5, and Webtrader, which are all reliable and user-friendly. With various trading platforms, traders can choose one that suits their trading style and preferences.
- Headquarters: Beachmont, Kingstown
- Regulatory : CySEC, FSC , FSCA
- Trading Platforms: MetaTrader 4, MetaTrader 5
- Foundation Year: 2010
- Min. Deposit: $100
- Max. Leverage: 1:1000
- Deposit Options: Bank Wire, VISA, MasterCard, BitPay, FasaPay, Maestro, Neteller, Skrill, UnionPay, WebMoney.
Trading Instruments
Forex
Offers around 15 major currency pairs and 38 minor pairs with tight spread. Ensures high liquidity and gives leverage up to 1:1000. Trading is available on 12 forex trading platforms with no deposit fee. 18 superior quality trading tools are available.
Energy
HFM broker offers to trade brent and crude oil with low margin requirements and high volatility. Spread in energy forex is remarkably low.
Share
Shares of famous companies like Amazon, Apple, Ali baba, Facebook, etc., are available in the HFM brokerage. Buying and selling of shares are relatively easy. Day traders and buy and hold investors both can trade shares with low spread and strong liquidity.
Indices
Spot and futures indices are available on HFM. You will get access to global indices through the broker and trade with low margin requirements and competitive spread. Indices trading is available on the mobile app too.
Bonds
Trading bonds on the MetaTrader platform offers no commission on the trade. Orders are executed fast. Trading with competitive spread, high liquidity, and low volatility.
Commodities
Trade commodities like cocoa, coffee, copper, cotton, sugar, etc., through instant access to the global market. Provides negative balance protection and high liquidity as well.
Direct Market Access (DMD) Stock
HFM broker offers a vast collection of DMD stock. DMD stock has fund security and negative balance protection. You can trade DMD on the MetaTrader 5 platform and on the mobile app too. DMD stock allows to directly interact with the live order books of global equity exchanges
Exchange-Traded Fund (ETF)
HFM reviews always encourage to trade the ETF for transparency and tax efficiency. You can trade ETF with low transaction costs. The MT5 platform will always give trading flexibility on ETF trading.
Cryptocurrency
HFM broker offers a good collection of cryptocurrencies. Cryptocurrency transaction costs low commission, high volatility, liquidity, and fund security with negative balance protection.
Accounts Types
HFM provides a variety of trading account. Micro, Premium, HFCOPY, Zero Spread, PAMM, Auto accounts are available in HFM. Different HFM broker accounts typesoffer different attractive deals for all level clients, i.e., beginner to expert. The HFM minimum deposit amount in the Micro account is only $5. All accounts offer various trading tools with the variable HFM Spreads. The amount is affordable for anyone in the forex business.
Trading Platforms
HFM provides several trading platform options, including its very own HFM Trading App., the popular MT4 platform, the latest MetaTrader 5, and Webtrader. These platforms offer tools and resources to help you trade, including technical indicators, expert advisors, and back-testing options.
Best of all, these platforms are available in various versions, such as desktop, mobile, and web, so you can trade whenever and wherever you want.
- HRM Trading App: HFM Trading App combines the company’s industry-leading conditions and cutting-edge technology, providing an even better trading experience. With this app, you’ll have access to your account and can instantly trade CFDs on more than 1,200 assets. The HFM Mobile Application also has a “trade on the go” option.
- MT4: If you’re a beginner or an experienced trader, the MT4 platform is perfect for you. With 30 indicators and support for nine time frames, the app offers a locking option and a single-thread strategy tester. The MT4 platform is available on mobile apps (iOS and Android), web terminals, and PC/MAC downloads.
- MT5: Advanced traders looking for more options can always try the MT5 trading platform on HotForex.com. It’s perfect for social trading and algorithmic trading. With more indicators, time frames, and updated strategy testers than the MT4 platform, the MT5 platform offers partial order filling, a built-in economic calendar, embedded MQL5 community chat, six pending orders, market depth, and a hedging option.
HFM Leverage
Leverage can multiply balance and thus increase the investor’s potential gain. However, leverage may bring reverse consequences too. So please be very careful about trading with leverage. HFM review shows a positive image of the brokerage regarding leverage trade.
You can trade with floating or fixed HFM Leverage. HFM offers different level leverages from a modest one to a very high ratio one. The leverage amount varies with the account type.HFM Leverage is priorly provided according to the regulatory agencies requirements and region, investor’s financial proficiency level, etc. For example,
- Micro account Maximum Leverage- 1:1000*
- Premium account Maximum Leverage- 1:500*
- Zero account Maximum Leverage- 1:500
- Auto account Maximum Leverage- 1:500*
- PAMM account Maximum Leverage- 1:300
- HFCOPY account Maximum Leverage- 1:400
Sometimes due to high leverage, the investor may lose money. So we suggest you learn the pros and cons, risk of trading with high leverage priory.
Deposit & Withdrawal Method
The HFM Broker always ensures a fast transaction. The broker offers various withdrawal and deposit methods, such as Wire transfer, Credit card transfer(Union pay, Master Card, Visa card), online payment(Neteller, Skrill). Minimum and maximum deposit amount, minimum withdrawal amount, and minimum transaction time vary with the trading method.
Trading and Analysis Tool
HFM review reflects positive feedback on the broker’s trading and analysis tool. HFM offers varieties of premium trader tools, auto chart tools, economic calendar, trader board, VPS hosting, Auto trading, calculator. The tools will help you to elevate your trading experience. Sign up HFM live account to get access to such helpful tools.
Education
HFM Broker is always helpful towards its clients. While we were going through their website to prepare the HFM review, we found the website provides sufficient learning resources to make their client prepare and skilled for the trading. The broker has good educational stuff to guide all level investors, from beginners to professionals. Broker has uploaded e-course, educational video, tutorial, event, podcast. The educational materials are especially helpful for the newbies.
HFM Broker provides outstanding customer service throughout 24/5. They provide service in 27 different languages. The broker offers live chat and ensures fast replies to customer queries.
Choosing one broker from thousands of brokers is too much work and time-consuming. Consider the top forex brokers list as a filter to your search; it will lessen your work and effort and will save tour time as well. During the search and broker selection, be sure first about which forex trading platform, account type, pricing. Forex broker review will help you to know the real scenario of how the broker serves. Choose the best forex broker to get the most satisfactory trading experience.
