HFM (HotForex)

Overview

HFM (formerly HotForex) is the HF Markets trading brand, established in 2010. Its international offering includes CFDs on forex, metals, energies, indices, stocks, commodities, bonds, ETFs and cryptocurrencies. HFM advertises more than 500 markets; availability depends on the account and legal entity. Platforms include MT4, MT5, HFM WebTrader and the HFM App. Premium, Cent and Pro accounts offer commission-free forex pricing, with advertised starting spreads of 1.4, 1.4 and 0.6 pips respectively. Other products may carry commissions. Cent has no opening deposit minimum and uses USC; one cent lot represents 1,000 units. Premium has no opening deposit minimum; Pro requires USD 100 or EUR 100. Zero advertises forex spreads from 0 pips and charges USD 6 per standard lot round turn on forex, or USD 10 per 100 ounces of gold. HFM's Zero page conflicts on the opening deposit: its table says USD/EUR 0 while its FAQ says USD 25. Confirm this with HFM before funding. InfinityX requires an initial USD 500 deposit or equivalent under its current terms. Its advertised unlimited leverage is conditional: position limits, dynamic leverage, eligibility rules and trading restrictions apply. Other listed accounts advertise leverage up to 1:2000, subject to equity, instrument and market conditions. Swap-free trading applies only to eligible instruments and conditions. HFM states that negative balance protection is available; the applicable client agreement governs its scope and exceptions. The country and address shown refer to HF Markets (SV) Ltd, not a single headquarters for the entire group. That company is incorporated in Saint Vincent and the Grenadines under registration 22747 IBC 2015; incorporation is not a forex brokerage licence. The regulatory table lists separate group entities: HF Markets (UK) Ltd (FCA 801701), HF Markets SA (Pty) Ltd (FSCA 46632), HF Markets (Seychelles) Ltd (FSA SD015), HF Markets (Europe) Ltd (CySEC 183/12), and HFM Investments Ltd in Kenya (CMA 155). These licences and protections do not automatically apply to accounts registered through the SV link. Check the contracting entity before opening an account. Published international funding options include bank transfers and credit/debit cards. Account-opening minimums differ from payment-method minimums. Methods vary by country; banks, payment providers and currency conversion may add charges. Support channels include live chat, email and phone. Trading leveraged CFDs carries a high risk of loss. HFM Partners offers affiliate and Introducing Broker partnerships; eligibility and terms apply.

Company profile

Established

2010

Headquarters

Kingstown, Saint Vincent and the Grenadines

Country

Saint Vincent and the Grenadines

Official website

https://www.hfm.com/

Regulation and licences

Trading accounts

Trading costs and leverage

Minimum deposit

0

Spread type

Variable

Spreads from

0.0

Commission type

Account-based

Commission details

Premium, Cent, Pro and InfinityX: no forex commission. Zero: USD 6/lot round turn on forex; USD 10/100 oz on gold. Other products may differ.

Maximum leverage

Unlimited

Leverage by account

Instrument coverage

Products

Forex, Metals, Energies, Indices, Stocks, Commodities, Bonds, ETFs, Crypto CFDs, Copy Trading

Platform and account availability

MT4

Yes

MT5

Yes

cTrader

No

Mobile app

Yes

Web trading

Yes

Islamic account

Yes

ECN account

No

Deposit methods

Withdrawal methods

Execution and trading policies

Execution

Market

Scalping

No

Hedging

Yes

Expert Advisors

Yes

Customer support

Channels

Live Chat, Email, Phone

Availability

24/7

Service languages

English, Malay, Arabic, Chinese, Spanish, French, Indonesian, Thai, Vietnamese, Hindi, Urdu, Portuguese

Affiliate and IB programmes

Affiliate programme

Yes

IB programme

Yes

Ratings and complaints

Overall rating

4.5

Review count

0

Trust score

86.0

Complaints

0

Resolved complaints

0

Risk notice

Trading forex and CFDs carries a high risk of loss. Terms and availability can vary by legal entity, jurisdiction and account. Verify current conditions with the broker before opening an account.