HFM Review

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1.5/5 ⭐☆☆☆☆ (2 Reviews)
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Fast Facts

Founded: Account Currencies
2010 USD, EUR, USC, THB
Trading Instruments: Trading Platforms:
Forex, Metals, Energies, Indices, Stocks HFM App, MetaTrader 4, MetaTrader 5, WebTrader
Funding Methods: Regulation
Credit/Debit Cards, Bank Wire Transfers, E-Wallets, Cryptocurrency DFSA (UAE) FCA (UK) CySEC (Cyprus) CMA (Kenya) FSA (Seychelles)
Max Leverage: Min Deposit:
1:2000 $10

 

Contact Info and Support

Telephone: +44-203 097 85 71

Company Address: Spyrou Kyprianou, 50 Irida 3 Tower, 7th floor 6057, Larnaca Cyprus

Supported languages: English, Arabic, Burmese, French, Indonesian, Japanese, Korean, Portuguese, Chinese, Spanish, Thai, Turkish, Vietnamese, Malay, Hindi.

 

Pros and Cons

Pros Cons
Strong regulation Higher spreads on some accounts
Low minimum deposit Limited advanced platforms
Wide range of instruments Average educational content
Multiple account types Not available in some countries
MT4 & MT5 support Limited copy trading options

 

Deposits / Withdrawals

  • Deposit Methods:- Credit/Debit Cards, Bank Wire Transfers, E-Wallets, Cryptocurrency.
  • Withdrawal Methods:- Credit/Debit Cards, Bank Wire Transfers, E-Wallets, Cryptocurrency.

 

About HFM

HFM is a online forex and cfd broker which was founded in 2010, this was also known as HotForex before rebranding to HFM in 2022 to throw back its broader range of services.


This broker works as part of the HF Markets Group and provides trading services to both the client, retail and institutional in the world, offering access to multiple financial markets through advanced platforms and tools.

 

HFM has grown into multiple asset brokers, they allow traders to get access of the market such as forex, commodities, indices, stocks, bonds, ETFs and crypto, all mainly through CFD trading.

 

This broker built a reputation as well as a well established and regulated broker, innovation, Client focused services. With a presence in multiple regions and millions of clients worldwide.

Customer Reviews

Keerat Singh Deo
⭐⭐☆☆☆

You guys have third party agents who never process the deposits and withdrawals and they keep the money to themselves. My money was stolen by HFM third party agents. This is a shady company. All they say is we are processing your request and have informed the relevant team. Also now another interesting thing, the agent informed the HFM India team that the beneficiary does not belong to us. So technically they ""stole"" my money.

Sumerry
⭐☆☆☆☆

You might wake up one morning to find your account closed and your money confiscated for no apparent reason. This company is definitely malicious; if you look at the recent reviews, they are all negative, and its rating has been lowered by Trustpilot due to fake positive reviews. Be careful with this company, folks; you might wake up one morning to find your account closed and your money confiscated for no reason. Be cautious.

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