HFM Review

Why choose HFM

HFM is a well-regulated broker offering competitive spreads and multiple account options.

Pros

  • Multiple account types
  • competitive spreads
  • fast execution.

Cons

  • Higher fees on exotic pairs and inactivity charges.
HFM

HFM

Fee Level:

Low

Inactivity Fee:

$5 per month after 3 months of inactivity

Index CFD Fee:

$1.10

Investor Protection:

Up to $20,000 via CySEC

Mobile Platform:

Fast app with educational tools for beginners.

Visit HFM

Low spreads with no deposit fees.

Pros

  • Low spreads and no hidden charges.

Cons

  • Higher fees on exotic instruments.

Regulated with advanced security protocols.

Pros

  • Regulated by multiple authorities and secure tools.

Cons

  • Limited security updates for smaller accounts.

Quick withdrawals with no hidden charges.

Pros

  • Low fees and multiple methods.

Cons

  • Low fees and multiple methods.

Simple registration process with multiple account types.

Pros

  • Low minimum deposit and fast processing.

Cons

  • Low minimum deposit and fast processing.

Fast app with beginner-friendly tools.

Pros

  • Beginner-friendly and fast execution.

Cons

  • Limited features for professional users.

Robust tools with reliable execution.

Pros

  • Fast processing with minimal delays.

Cons

  • Limited options for corporate accounts.

Specialized in forex with additional options.

Is HFM (HotForex) a regulated broker?

Yes, HFM (formerly HotForex) is regulated by multiple financial authorities, including the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Authority (FSA) in Seychelles, the Dubai Financial Services Authority (DFSA), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Conduct Authority (FCA) in the UK.

What trading platforms does HFM offer?

HFM provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, web, and mobile trading. The broker also offers HFM App, which includes account management and market analysis tools.

Does HFM support copy trading?

Yes, HFM offers copy trading through its Auto Account, allowing traders to follow and replicate the strategies of professional traders.