HFM Review 2026: Regulation, Safety, Policy & Trading

Is HFM a scam?

Wikilix independent safety report

41%Scam risk

High risk (unverified)Confidence: MEDIUM

3.5/5

No. HFM is not a scam and we found no evidence of fraud, but at 41% we rate it high risk: its international clients sign with an unlicensed offshore firm. Real, licensed group: HF Markets (UK) Ltd is…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency2/10 · LowWithdrawals & conduct4/10 · ModerateReputation6/10 · HighWebsite claims4/10 · ModerateOperational history1/10 · Low

Editorial review

Updated Oct 28, 2026

Broker Summary

What Wikilix has recorded about HFM: its history, the licences it holds, its trading conditions and its fees.

HFM Broker Overview

HFM, formerly known as HotForex, is the trading brand of HF Markets Group, a forex and CFD broker that dates its founding to 2010. The group works through several companies, and the one that holds your account depends on where you live. HFM companies hold licences from the UK Financial Conduct Authority, CySEC and five other regulators, but HFM's sign-up form assigns residents of most countries to HF Markets (SV) Ltd, a St. Vincent and the Grenadines company that holds none of them. For its global clients HFM lists Cent, Zero, Pro and Premium accounts on MetaTrader 4, MetaTrader 5 and the HFM App.

HFM Regulation and License

WIKILIX confirmed seven licences linked to HFM on the regulators' own registers on 23 October 2026, each held by a different company:

HF Markets (UK) Ltd is authorised by the UK Financial Conduct Authority (FCA) under firm reference number 801701, effective 14 November 2018, with permission to hold client money. It serves UK residents only.
HF Markets (Europe) Ltd is authorised by the Cyprus Securities and Exchange Commission (CySEC) as a Cyprus Investment Firm, including dealing on own account, under licence 183/12, effective 20 November 2012. By its own choice it currently accepts only professional clients and eligible counterparties.
HF Markets SA (PTY) Ltd is authorised by South Africa's Financial Sector Conduct Authority (FSCA) as a Category I financial services provider, number 46632, for advice and intermediary services on derivatives, effective 9 February 2016. It is not the market maker: it acts as intermediary for HF Markets Ltd in Mauritius.
HF Markets Ltd is licensed by the Financial Services Commission (FSC) of Mauritius as an investment dealer (full service dealer, excluding underwriting), effective 1 April 2010. The register does not print the number C110008214 that HFM quotes.
HF Markets (Seychelles) Ltd is listed by the Seychelles Financial Services Authority (FSA) as a securities dealer. The register shows no licence number; SD015 is the number HFM gives.
HFM Investments Ltd is licensed by Kenya's Capital Markets Authority (CMA) as a non-dealing online foreign exchange broker under licence 155, so it may not act as the client's trading counterparty.
HF MENA Financial Promotion Services L.L.C holds a Category 5 licence from the UAE Securities and Commodities Authority (SCA) for introduction and promotion only, which does not allow it to broker derivatives or spot forex. It introduces UAE clients to HF Markets (Seychelles) Ltd. The register shows an establishment date of 23 July 2025 but not the number 20200000387 that HFM quotes.

Is HFM Regulated?

HFM is only partly regulated. The companies serving UK residents, professional clients in the European Economic Area and clients in South Africa, Kenya and the UAE hold the licences above, several of them limited to intermediary, non-dealing or promotional business. Residents of most other countries are signed up with HF Markets (SV) Ltd, which holds none of them.

HF Markets (SV) Ltd

HF Markets (SV) Ltd is the company behind most HFM accounts: the sign-up form assigns it residents of every accepted country other than the UK, Kenya, South Africa and the UAE. HFM's legal notice describes it as an International Business Company incorporated in St. Vincent and the Grenadines under registration number 22747 IBC 2015 and names no financial licence for it. An incorporation of this kind is a company registration, not financial regulation.

HF Markets (Europe) Ltd

HF Markets (Europe) Ltd is the group's Cyprus investment firm. It runs www.hfeu.com under the brand name HF Markets, which it says is different from the HFM brand used by other group companies, and www.hfm.com sends visitors from the EU there. It serves the European Economic Area (except Belgium) and Switzerland, among other places, but accepts only Eligible Counterparties and Professional per se clients, so retail traders there cannot open an account. The company is listed on the Cyprus Department of Registrar of Companies and Intellectual Property under number HE 277582, incorporated on 25 November 2010.

Is HFM Safe?

How well an HFM account is protected depends on the company that holds it. UK clients of HF Markets (UK) Ltd have FCA conduct and client-money rules, access to the Financial Ombudsman Service and eligibility for the FSCS, which covers eligible claims up to 85,000 GBP per person. HF Markets (Europe) Ltd works under EU MiFID rules and its leverage policy includes negative balance protection, but Cyprus's Investor Compensation Fund covers eligible retail clients, up to 20,000 EUR per client, and the firm takes none. South African clients trade with HF Markets Ltd in Mauritius, and neither that company's licence nor the Seychelles one comes with an investor compensation scheme, while accounts with HF Markets (SV) Ltd sit under no licence that HFM names.

HFM Account Types

For its global clients HFM lists four accounts: Cent, Zero and Premium with no minimum deposit, and Pro with a minimum deposit of 100 USD. HF Markets (Europe) Ltd offers a single account, Premium Pro, to professional clients only, with a minimum deposit of 5,000 USD, USD or EUR as the account currency, a margin call at 50% and a stop-out at 20%. Premium Pro is not offered as a swap-free account.

HFM Spreads, Commissions and Fees

HFM lists its Premium account without commission. On Premium Pro, HF Markets (Europe) Ltd charges no commission on forex pairs, so the variable spread, from 1 pip, is the main trading cost. Its Costs and Charges document adds a dormant-account fee after 12 months without activity: 10 USD a month in the second year and 20 USD a month in the third, rising by a further 10 USD a month in each later year. A chargeback costs a 150 USD research fee, plus a 150 USD administrative fee if the chargeback fails.

HFM Leverage

HFM lists maximum leverage of 1:2000 on its Cent, Zero, Pro and Premium accounts. At HF Markets (Europe) Ltd, professional clients get up to 1:400 on forex CFDs and 1:100 on gold, and other asset classes follow the EU retail limits, from 1:20 on major indices down to 1:5 on shares and bonds.

HFM Trading Platforms

HFM offers MetaTrader 4, MetaTrader 5 and its own HFM App for iOS and Android. HF Markets (Europe) Ltd lists MetaTrader 5, HFM WebTrader, mobile trading and the HFM Platform for Premium Pro, and MetaTrader 4 does not appear on its account, market or funding pages.

HFM Deposits and Withdrawals

For its global accounts HFM lists bank transfer, cards, e-wallets, cryptocurrencies and local payment methods. HF Markets (Europe) Ltd takes deposits by bank wire, from 250 USD and credited in 2 to 7 business days, and by Sofort, from 50 USD to 10,000 USD within 2 business days. Its Withdraw Options page lists bank wire withdrawals from 100 USD, taking 2 to 10 business days depending on the correspondent bank, and its Withdrawal Conditions say a request made before 5:00 pm Cyprus time is processed the same business day and a later one the next business day.

HF Markets (Europe) Ltd's own documents disagree on three points. Its Withdrawal Conditions say withdrawals are paid by wire whatever the deposit method, while its Account Opening Agreement and its withdrawal FAQ say funds go back by the method first used to deposit, card first. Its funding pages say HF Markets charges no deposit or withdrawal fees, while its terms let it pass bank and other third-party charges on to the client and make the client pay bank transfer fees on withdrawals. Its Withdraw Options page says withdrawals are processed 24/7, while the Withdrawal Conditions limit processing to Monday to Friday, excluding public holidays.

HFM Support

HF Markets (Europe) Ltd offers live chat, email at support@hfeu.com and phone lines including +44-203 097 85 73 and +357-24-400561. Its trading desk and customer support are available from 00:05 Sunday to 23:50 Friday, server time (GMT+2, or GMT+3 in summer). Complaints go in writing to support@hfeu.com, with an acknowledgement within 5 business days and a final reply within two months.

HFM Pros and Cons

Pros:

Licences confirmed on the regulators' registers for HFM companies in the UK, Cyprus, South Africa, Mauritius, the Seychelles, Kenya and the UAE.
No minimum deposit on the Cent, Zero and Premium accounts.
A choice of MetaTrader 4, MetaTrader 5 and the HFM App.
HF Markets (Europe) Ltd publishes its costs, leverage limits and withdrawal terms in detail.

Cons:

Residents of most countries are signed up with HF Markets (SV) Ltd, which holds none of those licences.
Several of the licences cover only intermediary, non-dealing or promotional business.
In the EU, only professional clients can open an account.
HF Markets (Europe) Ltd's documents contradict each other on how and when withdrawals are paid out.

HFM Review and Assessment

HFM pairs low entry requirements and the MetaTrader platforms with a group structure in which the account terms, and the regulator, change with the client's country of residence. Its FCA and CySEC licences cover UK residents and professional clients in the EU, while most other clients are signed up with a St. Vincent and the Grenadines company for which HFM names no licence. Before funding an account, check which HFM company the sign-up form assigns you to, because that company decides the protections you have.

Website archive

Captured Oct 23, 2026

Website snapshots

8 full-page captures of HFM's own site, archived so what they said can still be read after the pages change.

8 pages

Homepage (EU entity)

Regulation & Licensing (EU entity)

Legal Documentation (EU entity)

Deposit Options (EU entity)

Withdrawal Options (EU entity)

Security of Funds (EU entity)

Payment Providers & Banks (EU entity)

Regulation check

Checked Oct 23, 2026

Regulatory Licenses

HFM holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.

7 of 7 checked

Licences on record: 7
Confirmed on register: 7
Tier 1 or 2: 3
Offshore: 2

WIKILIX

Licence intelligence

The strongest of 7 licences on file

Licence Verification Record

Financial Conduct Authority 801701

Wikilix read the FCA register on Oct 23, 2026. This is what it said.

Jurisdiction: United Kingdom
Authority strength: Tier 1
Register status: Authorised
Effective: Nov 14, 2018

Checked Oct 23, 2026

What our check found

Full FCA authorisation for HF Markets (UK) Limited (Companies House 11118651) with permission to hold client money; the register lists website hfmarkets.co.uk and trading names HF Markets and, until July 2019, HotForex. It serves UK residents only. HFM's own link uses an older FCA address that now opens the register home page; the entry is at the current address used here. Client protection: Strong for UK clients of this company: FCA conduct and client-money rules, Financial Ombudsman Service and FSCS eligibility. It does not cover clients of other HFM companies. Effective: 14 Nov 2018.

Client protection under this licence

Compensation schemeUp to £85000 (FSCS)
Client money kept separate
Negative balance protection
Complaints routeFinancial Ombudsman Service
Maximum leverage1:30

These are the rules FCA sets for the firms it licenses. They are not a statement about how HFM applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Open the FCA licence record Check it on the register About FCA

Tier 1 and 2 authorities

3 licences

Tier 3 and 4 authorities

3 licences

Trading accounts

Updated Oct 23, 2026

Account Types

5 account types on record. Minimum deposit from USD 100. Leverage up to 1:2000.

5 account types

Account	Min Deposit	Max Leverage	Commission
Cent	Not recorded	1:2000	Not specified
ZeroECN	Not recorded	1:2000	Not specified
ProVIP	USD 100	1:2000	Not specified
PremiumVIP	Not recorded	1:2000	No commission
Premium ProProfessional · VIP	USD 5,000	1:400	No commission on forex pairs

Client acceptance

Country availability

Where HFM says it will and won't take clients

212 countries

Confirmed blocked

Named in the broker's own terms

BEBelgiumCACanadaIRIranKPNorth KoreaSDSudanSYSyriaTRTürkiyeUSUnited States

Likely blocked

Reported, not verified against a primary source

AFAfghanistanAUAustraliaBABosnia and HerzegovinaBLSaint BarthélemyCCCocos (Keeling) IslandsCGCongoCNChinaCUCubaCXChristmas IslandEHWestern SaharaEREritreaFKFalkland Islands

Show 19 more

GIGibraltarGLGreenlandHTHaitiIQIraqLYLibyaMDMoldovaMMMyanmarPNPitcairnPSPalestineRURussiaSCSeychellesSHSaint HelenaSJSvalbard and Jan MayenSSSouth SudanUAUkraineUYUruguayVCSaint Vincent and the GrenadinesVUVanuatuYEYemen

Covered by a parent block

Territories a blocked country carries with it

ASAmerican SamoaGUGuamMPNorthern Mariana IslandsPRPuerto RicoUMUnited States Minor Outlying IslandsVIVirgin Islands (U.S.)

Explicitly accepted

Named as accepted — not a full list of served markets

ADAndorraAEUnited Arab EmiratesAGAntigua and BarbudaAIAnguillaALAlbaniaAMArmeniaAOAngolaARArgentinaAWArubaAXÅland IslandsAZAzerbaijanBBBarbados

Show 155 more

BDBangladeshBFBurkina FasoBHBahrainBIBurundiBJBeninBMBermudaBNBrunei DarussalamBOBoliviaBQBonaire, Sint Eustatius and SabaBRBrazilBSBahamasBTBhutanBWBotswanaBYBelarusBZBelizeCDCongo (Democratic Republic)CFCentral African RepublicCICôte d’IvoireCKCook IslandsCLChileCMCameroonCOColombiaCRCosta RicaCVCabo VerdeCWCuraçaoDJDjiboutiDMDominicaDODominican RepublicDZAlgeriaECEcuadorEGEgyptETEthiopiaFJFijiFMMicronesiaFOFaroe IslandsGAGabonGBUnited KingdomGDGrenadaGEGeorgiaGFFrench GuianaGGGuernseyGHGhanaGMGambiaGNGuineaGPGuadeloupeGQEquatorial GuineaGTGuatemalaGWGuinea-BissauGYGuyanaHKHong KongHNHondurasIDIndonesiaILIsraelIMIsle of ManINIndiaIOBritish Indian Ocean TerritoryJEJerseyJMJamaicaJOJordanJPJapanKEKenyaKGKyrgyzstanKHCambodiaKIKiribatiKMComorosKNSaint Kitts and NevisKRSouth KoreaKWKuwaitKYCayman IslandsKZKazakhstanLALaosLBLebanonLCSaint LuciaLKSri LankaLRLiberiaLSLesothoMAMoroccoMCMonacoMEMontenegroMFSaint Martin (French part)MGMadagascarMHMarshall IslandsMKNorth MacedoniaMLMaliMNMongoliaMOMacaoMQMartiniqueMRMauritaniaMSMontserratMVMaldivesMWMalawiMXMexicoMYMalaysiaMZMozambiqueNANamibiaNCNew CaledoniaNENigerNFNorfolk IslandNGNigeriaNINicaraguaNPNepalNRNauruNUNiueNZNew ZealandOMOmanPAPanamaPEPeruPFFrench PolynesiaPGPapua New GuineaPHPhilippinesPKPakistanPMSaint Pierre and MiquelonPWPalauPYParaguayQAQatarRERéunionRSSerbiaRWRwandaSASaudi ArabiaSBSolomon IslandsSGSingaporeSLSierra LeoneSMSan MarinoSNSenegalSOSomaliaSRSurinameSTSao Tome and PrincipeSVEl SalvadorSXSint Maarten (Dutch part)SZEswatiniTCTurks and Caicos IslandsTDChadTGTogoTHThailandTJTajikistanTKTokelauTLTimor-LesteTMTurkmenistanTNTunisiaTOTongaTTTrinidad and TobagoTVTuvaluTWTaiwanTZTanzaniaUGUgandaUZUzbekistanVAHoly SeeVEVenezuelaVGVirgin Islands (British)VNViet NamWFWallis and FutunaWSSamoaZASouth AfricaZMZambiaZWZimbabwe

How we know — 13 sources

1Accepted list: the 167 countries of residence offered by HFM's live-account sign-up form (https://register.hfm.com/int/en/new-live-account), as of 2026-10-23. The form routes the United Kingdom to HF Markets (UK) Ltd, Kenya to HFM Investments Ltd, South Africa to HF Markets SA (PTY) Ltd, the UAE to HF Markets (Seychelles) Ltd and every other listed country to HF Markets (SV) Ltd; the /sc/, /ke/ and /za/ sign-up pages offer the same list.
2Confirmed refusals (the United States, Canada, Sudan, Syria, Iran, North Korea and Turkey): the footer of www.hfm.com states 'HFM does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea, UAE, Türkiye and others.' The sign-up page and the client login (https://my.hfm.com/en/int/login) carry the same list for HF Markets (SV) Ltd, as do the Kenya and South Africa sign-up pages for HFM Investments Ltd and HF Markets SA (PTY) Ltd. The sign-up form offers none of the seven.
3AE is recorded as accepted although those footers name the UAE: the sign-up form offers it and routes it to HF Markets (Seychelles) Ltd, whose sign-up page (https://register.hfm.com/sc/en/new-live-account) states 'To facilitate clients in United Arab Emirates, HF Markets (Seychelles) Ltd maintains an affiliate arrangement with HF Mena Financial Promotion Services L.L.C.' and leaves the UAE out of its own restricted list. The form decides over the footer text.
4GB is recorded as accepted although the global site says its materials are 'not intended for distribution to individuals in the UK, EU, USA, or any Prohibited Jurisdictions': the sign-up form routes GB to HF Markets (UK) Ltd, FCA firm reference 801701, whose site (https://www.hfmarkets.co.uk) states 'HF Markets (UK) Ltd offers services to residents of the United Kingdom.'
5The Aland Islands, French Guiana, Guadeloupe, Martinique, Reunion and Saint Martin count as accepted, although they are EU territory and the same disclaimer names the EU. The sign-up form offers them and sends them to HF Markets (SV) Ltd, and the form decides over the footer text.
6Confirmed refusal, Belgium: the EU entity's footer (https://www.hfeu.com/en/) states 'HF Markets (Europe) Ltd offers services to residents within the European Economic Area (excluding Belgium), Switzerland, United Kingdom, Mauritius, Dubai, South Africa and Kenya.' and the sign-up form does not offer Belgium.
7Dependent territories American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, the US Minor Outlying Islands and the US Virgin Islands fall under the United States refusal. The sign-up form offers none of them.
8Likely refusals (Afghanistan, Australia, Bosnia and Herzegovina, Saint Barthelemy, the Cocos (Keeling) Islands, the Republic of the Congo, China, Cuba, Christmas Island, Western Sahara, Eritrea, the Falkland Islands, Gibraltar, Greenland, Haiti, Iraq, Libya, Moldova, Myanmar, the Pitcairn Islands, Palestine, Russia, the Seychelles, Saint Helena, Svalbard and Jan Mayen, South Sudan, Ukraine, Uruguay, Saint Vincent and the Grenadines, Vanuatu and Yemen): no HFM page names them, but the sign-up form's closed country list leaves them out and the footer restricts 'certain jurisdictions ... and others'. The individual countries are inferred from the form.
9No list for the EEA states other than Belgium, for Switzerland, Mauritius and Mayotte (an EU outermost region): the sign-up form does not offer them, and their residents are served only by HF Markets (Europe) Ltd (https://www.hfeu.com), which 'currently accepts only Eligible Counterparties and Professional per se clients'; its Account Opening Agreement (2026-01, clause 3) adds that it 'does not accept retail clients or elective professional clients'. Retail clients there have no way to open an account; professional clients do. 'Dubai', also named in that footer, is a city, not a country, so it is mentioned only here.
10Uninhabited territories that the sign-up form leaves out (Antarctica, Bouvet Island, South Georgia and the South Sandwich Islands, Heard Island and McDonald Islands, and the French Southern Territories) are in neither list.
11The client agreement of HF Markets (SV) Ltd (version 2026-08; clause 9 'Restricted Jurisdictions & No-Solicitation' and clause 39.1(a)), its Terms of Business (2026-02) and its Anti-Money Laundering Statement (2024-01) name no country; they refer only to 'Restricted Jurisdictions'.
12The footer points to a fuller list at https://www.hfm.com/int/en/prohibited-jurisdictions; any jurisdiction that list adds beyond the footers and the sign-up form is not reflected here.
13IR rests on the footer wording in the second line and on Iran's absence from the sign-up form. The form's language menu lists 16 languages, none of them Persian, and https://register.hfm.com/int/fa/new-live-account falls back to English.

Deposits & withdrawals

Funding Methods

7 ways to fund an account. 5 with no deposit fee. 4 credit instantly.

7 methods

Method	Deposit fee	Withdrawal fee	Min deposit	Withdrawal min / max	Processing
Bank TransferBank Transfer Sending, correspondent, and receiving banks may impose their own fees; available globally with regional fee/time variations.	Free	Free	USD 100	USD 100USD 50,000	Up to 2 days
Credit/Debit CardsCredit Card Withdrawals from debit cards cannot exceed total deposited via debit card; excess refunded via bank transfer; available where Visa, Mastercard, Maestro accepted.	Free	Free	USD 5	USD 5USD 10,000	Instant
E-wallets (Skrill, Neteller, FasaPay, PayRedeem)E-Wallet Withdrawals typically processed within the same day; available where these e-wallets are supported.	Free	Free	USD 5	USD 5USD 5,000	Instant
Cryptocurrencies (Bitcoin, Ethereum, Tether TRC-20)Cryptocurrency Withdrawals typically processed within 24 hours; available where cryptocurrencies are supported.	Free	Free	USD 10	USD 10USD 10,000	Instant
Local Payment Methods (FasaPay, PayRedeem, etc.)OtherAvailability and processing times vary by region.	Free	Free	USD 5	USD 5USD 5,000	Instant
Wire TransferWire Transfer Site: hfeu.com, the site of HF Markets (Europe) Ltd (CySEC 183/12), which accepts only eligible counterparties and professional per se clients. Deposits (Deposit Options page, Bank Transfers row): minimum 250 USD, maximum "Unlimited", 2 to 7 business days, fee cell "No Fees for deposits over 250 USD"; the page also says "HF Markets does not apply any deposit fees". Withdrawals (Withdraw Options page, https://www.hfeu.com/en/funding/withdraw-options): minimum 100 USD, "From 2 to 10 business days, depending on your correspondent bank", fee "None", with the footnote that HF Markets does not charge for bank wire transactions but the sending, correspondent and receiving banks may charge their own fees. The stored time is the longest the broker states (withdrawals, 10 business days). Withdrawal Conditions (version 2026/01) clause 3.1: requests are processed the same day if submitted before 5:00 PM Cyprus time, otherwise the next business day within 24 hours, Monday to Friday excluding public holidays; that is the time HF Markets takes to process a request, not the time the money takes to arrive. Account Opening Agreement (2026-01) clause 9 also says withdrawal requests are processed within 24 hours. Fees are left unrecorded rather than free: Withdrawal Conditions clause 3.3 says the Company charges no deposit or withdrawal fees, that bank fees are borne by the sender or receiver, and that the Company reserves the right to pass back to the client any cost a third party charges it during a funding transaction; Account Opening Agreement clause 9 says the client pays any bank transfer fees on withdrawal and that deposits are credited net of bank and intermediary charges. The Costs and Charges document (2026/01) says no fees or commission are charged on deposits or withdrawals, although bank or merchant fees may apply. Withdrawal route: Withdrawal Conditions clause 3.2 says withdrawals are made via wire transfer regardless of the deposit method used, while Account Opening Agreement clause 9 says withdrawals should go back by the method first used to fund the account and to the same remitter. Banks named on the Payment Service Providers page: Alpha Bank Cyprus Ltd, BGZ BNP Paribas S.A. (Poland), Eurobank Ergasias A.E. (Greece) and Eurobank Cyprus Ltd.	Not recorded	Not recorded	USD 250	USD 100Not recorded	Up to 10 days
SofortBank Transfer Deposit only. Site: hfeu.com, the site of HF Markets (Europe) Ltd, which accepts only eligible counterparties and professional per se clients. Deposit Options page, "Alternative" row shown with the Sofort logo: minimum $50, maximum $10,000, "Up to 2 business days", fee "No Fees". Not listed on the Withdraw Options page; Withdrawal Conditions (version 2026/01) clause 3.2 says withdrawals are made via wire transfer regardless of the deposit method used. Fee left unrecorded rather than free: Withdrawal Conditions clause 3.3 reserves the right to pass back to the client any cost a third party charges the Company during a funding transaction, and the Costs and Charges document (2026/01) says that although HF Markets charges no deposit fees, bank or merchant fees may apply.	Not recorded	Not recorded	USD 50	Not recordedNot recorded	Up to 2 days

Trading software

Trading Platforms

3 trading platforms on record: MetaTrader 4, MetaTrader 5 and Proprietary platform.

3 platforms

MetaTrader 4
by MetaQuotes Software Corp.since 2005Developer site
MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.
Details
MetaTrader 5
by MetaQuotes Software Corpsince 2010Developer site
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
Details
Proprietary platform
Proprietary platform
HFM App, the broker's own trading app. hfeu.com says "Trade online wherever you are with the HFM App" and links it on the App Store and Google Play.
Runs on
- Android
- iOS
Download
Details

Websites

Global Domains

9 domains on record. All active and served over HTTPS.

9 domains

www.hfm.comMain siteActiveHTTPS
www.hfeu.com/enRegionalActiveHTTPS
www.hfmarkets.co.ukRegionalActiveHTTPS
register.hfm.comClient portalActiveHTTPS
my.hfm.comClient portalActiveHTTPS
my.hfeu.comClient portalActiveHTTPS

Show 3 more

www.hotforex.comActiveHTTPS
lp.hfm.comActiveHTTPS
www.hfaffiliates.comActiveHTTPS

Legal entities

Corporate Network

9 legal entities behind the HFM brand.

9 entities

HF MARKETS FINTECH SERVICES LTDActiveCyprusRegistration ΗΕ 348222
HF MARKETS GROUP LIMITEDActiveUnited KingdomRegistration 11286659
HF MARKETS LIMITEDActiveUnited KingdomRegistration 11118651
HF MARKETS LTDActiveMauritiusRegistration C094286
HF Markets (Europe) LtdActiveCyprusRegistration HE 277582Member of HF Markets Group that operates www.hfeu.com under the brand HF Markets, which the broker says is distinct from the HFM brand used by other group companies. The broker states it is a Cypriot Investment Firm licensed by CySEC under licence number 183/12 and that it currently accepts only professional clients and eligible counterparties.
HF Markets (UK) LtdActiveUnited KingdomMember of HF Markets Group. The broker states it is authorised and regulated by the UK Financial Conduct Authority under firm reference number 801701.

Show 3 more

HF Markets SA (PTY) LtdActiveSouth AfricaMember of HF Markets Group. The broker states it is authorised as a Financial Services Provider by the Financial Sector Conduct Authority of South Africa under licence number 46632.
HF Markets (Seychelles) LtdActiveSeychellesRegistration 8419176-1Member of HF Markets Group. The broker states it is incorporated in the Republic of Seychelles under registration number 8419176-1 and regulated by the Seychelles Financial Services Authority under Securities Dealer licence SD015.
HFM Investments LtdActiveKenyaMember of HF Markets Group. The broker states it is authorised by the Capital Markets Authority of Kenya as a non-dealing online foreign exchange broker under licence number 155.

Company registry check

Checked Oct 23, 2026

Company Registration

The operating company is HF MARKETS (EUROPE) LTD. Registered in Cyprus. Registration number HE 277582.

Verified on registry

Legal entity: HF MARKETS (EUROPE) LTD
Registration number: HE 277582
Jurisdiction: Cyprus
Incorporated: 25/11/2010
Registry: Cyprus Department of Registrar of Companies and Intellectual Property
Registered address: 84 Spyrou Kyprianou Avenue & Papanikoli, Office 601, Nicolaides Shopping City, Angelos Court, 6052 Larnaca, Cyprus

Peer comparison

Brokers worth comparing

4 other brokers on the record share what HFM offers — its country, regulator, account types or platforms — set beside it on the same measures.

4 peers

HFM
This recordCyprus · since 2010· HF Markets GroupWikilix score 20.0RegulationRegulatedFCAMax leverage1:1000Platforms3Licences7
Exness
Cyprus · since 2008· Exness Technologies LtdWikilix score 20.0RegulationRegulatedFSAMax leverage1:100Platforms2Licences8
Ultima Markets
Mauritius · since 2016· Ultima Markets (Mauritius) LtdWikilix score 20.0RegulationRegulatedFCAMax leverage1:2000Platforms3Licences3
Fusion Markets
Vanuatu · since 2002· Gleneagle Securities Pty LimitedWikilix score 20.0RegulationRegulatedASICMax leverage1:500Platforms5Licences4
ITB
Saint Lucia · since 2017· ITB BrokerWikilix score 20.0RegulationOffshoreFSAMax leverage1:500Platforms1Licences1

Frequently Asked Questions

Common questions about HFM

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HFM

Trading Conditions

Official website

Funding Methods

Bank Transfer

Credit/Debit Cards

E-wallets (Skrill, Neteller, FasaPay, PayRedeem)

Cryptocurrencies (Bitcoin, Ethereum, Tether TRC-20)

Local Payment Methods (FasaPay, PayRedeem, etc.)

Wire Transfer

Sofort

Trust rating

Regulation

What we checked

What this measures

Identity

What we checked

What this measures

Client terms

What we checked

What this measures

Trading offer

What we checked

What this measures

Service

What we checked

What this measures

Regulatory Licenses

Company Information

Customer Support

Is HFM a scam?

HFM Broker Overview

HFM Regulation and License

Is HFM Regulated?

HF Markets (SV) Ltd

HF Markets (Europe) Ltd

Is HFM Safe?

HFM Account Types

HFM Spreads, Commissions and Fees

HFM Leverage

HFM Trading Platforms

HFM Deposits and Withdrawals

HFM Support

HFM Pros and Cons

HFM Review and Assessment

Financial Conduct Authority 801701

What our check found

Client protection under this licence

Tier 1 and 2 authorities

Tier 3 and 4 authorities

MetaTrader 4

MetaTrader 5

Proprietary platform

Runs on

HFM

Exness

Ultima Markets

Fusion Markets

ITB

Frequently Asked Questions

How do I complain about HFM, and what protection do I have if something goes wrong?

How can I tell HFM's real websites from fake ones?

How can I contact HFM customer support?

What does it cost to trade with HFM?

How long do HFM withdrawals take?

How can I deposit money with HFM?

Can I open an HFM account in the EU?

Who operates HFM, and which company will hold my account?

Which countries are restricted from trading with HF Markets Group?

What are the minimum deposit requirements for opening an account with HF Markets Group?

What is the maximum leverage available at HF Markets Group?

What trading platforms does HF Markets Group offer?

Is HF Markets Group regulated and safe for traders?

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