HF Markets

By St├ęphane on 04/11/2023

TrustedBrokers Score

4.1 / 5

HF Markets is available in Australia

  • Markets
    5.0 / 5
  • Trading environment
    4.8 / 5
  • Deposits and withdrawals
    4.1 / 5
  • Investor protection
    3.8 / 5
  • Customer service
    3.0 / 5
Our take on HF Markets

HFM.com, formerly known as Hot Forex, is an award-winning Forex and CFD broker, with accounts tailored to new and experienced traders. Trade a wide range of markets including Forex, stocks, indices and commodities through MT4 or MT5.

  • Likes
  • Trade CFDs on all asset classes and 3,500+ instruments
  • Buy real stocks without commission, and earn dividends
  • MetaTrader 4/5 trading platforms (Web, Android and iOS)
  • PAMM accounts are available
  • Multi-award winning broker
  • Dislikes
  • Monthly inactivity fee after 6 months

Easily navigate this review:

5.0 / 5
Markets

* Availability is subject to local laws and regulations.

  • Asset classes (#)
  • Forex (CFD)53
  • Cryptos (CFD)*40
  • Stocks (CFD)852
  • Indices (CFD)12
  • ETFs (CFD)33
  • Metals (CFD)6
  • Energy (CFD)2
  • Commodities (CFD)5
  • Bonds (CFD)3
4.8 / 5
Trading environment

HFM now supports both MetaTrader 4 and 5. MetaTrader 5 offers a broader range of indicators, order types and faster platform speeds thanks to its 64-bit multi-threaded processor. You may also create your own indicators and Expert Advisors using the MQL5 language.

Both platforms, built for Windows PCs, can run on a Macbook with the help of an emulator. MetaTrader 4 and 5 are also available as apps for your Android, iPhone or iPad devices. Alternatively, you may also place orders online through HFM.com.

  • Platforms
  • MT4
  • MT5
  • Currenex
  • Copy trading
  • Operating systems
  • Web trading
  • Android
  • iOS
4.1 / 5
Deposits and withdrawals

The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company's website for a list of all payment methods.

* Availability is subject to local laws and regulations.

  • Deposits and withdrawals (Fiat)
  • Bank transfer
  • Credit card
  • Debit card
  • bitwallet
  • FasaPay
  • NETELLER *
  • Skrill *
  • WebMoney
  • Yandex.Money
  • 2c2p
  • Account base currencies
  • EUR
  • USD
3.8 / 5
Investor protection

Security of funds is a priority for HFM (HFM.com). Client funds are held separate from the company's own fund, with reputable banking institutions. These funds are held off balance sheet and cannot be used to pay back creditors in the unlikely event of default. In addition, HFM provides its regulators with quarterly updates on its financial position and the manner in which it meets its capital requirements.

The HF Markets Group operates through three different companies for regulatory reasons:

  • In the European Economic Area (excluding Belgium), Switzerland and Mauritius, HFM operates through HF Markets (Europe) Ltd. The company is registered with several national regulators including the FCA in the UK, CySEC in Cyprus, BaFin in Germany and the ACPR in France. Clients of HF Markets (Europe) Ltd are covered by investor compensation funds.
  • In South Africa, HFM operates through HF Markets SA (Pty) Ltd, a company incorporated in South Africa and authorised to act as a Financial Services Provider by the Financial Services Board ("FSB") with FSP Number 46632.
  • Across the rest of the world, HFM operates through HF Markets (SV) Ltd, a company incorporated in St. Vincent & the Grenadine as an International Business Company with registration number 22747 IBC 2015. It welcomes traders from all countries, with the exception of the USA, Canada, Sudan, Syria, North Korea.

Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time.

3.0 / 5
Customer service
HF Markets Alternatives
Author

About the author

I'm St├ęphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.