Wikilix
Licence record

CMA licence 155

Holder
HF Markets
Jurisdiction
Kenya
Last checked
Sep 9, 2026

This is Wikilix's record of a licence issued by The Capital Markets Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

The Capital Markets Authority 155

Wikilix read the CMA register on Sep 9, 2026. This is what it said.

Issuing authority
The Capital Markets Authority
Holder
HF Markets (SV) Ltd
Jurisdiction
Kenya
Register status
Licensed

Checked Sep 9, 2026

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

wikilix.com/licenses/the-capital-markets-authority/hf-markets/155Fields on file 7 / 11

Open HF MarketsAbout CMA
Our check
Checked

What we checked

We found this licence on the issuing authority's own register.

Wikilix check
Confirmed on the register
Authority strength
Tier 3
Jurisdiction
Kenya
Last checked
Sep 9, 2026
Register says
Licensed

Finding

A Kenyan online forex broker licence (155) held by HFM Investments Limited, trading as HF Markets, covering Kenyan clients. Client protection: Moderate within Kenya: local segregation and conduct rules..

Exhibit

Register screenshot, captured Sep 9, 2026
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
155
Register status
Licensed
The authority

About CMA

The Capital Markets Authority is the authority that issued this licence, and the jurisdiction it applies in is Kenya.

Full name
The Capital Markets Authority
Jurisdiction
Kenya
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1989
Oversight
A government or statutory body
Firms we track under it
1 firm
Licences it issues
Online Forex Broker (Dealing/Non-Dealing) licence
Typical cost of a licence
Minimum capital requirement KSh 50 million
Public register
Searchable by the public
Transparency
Medium
Protection

What this licence protects

CMA's own rules for the firms it authorises.

  • Compensation schemeInvestor Compensation Fund covers up to KSh 50,000 per investor
  • Complaints routeCMA complaints
  • Maximum leverageVaries by firm
This describes the authority's regime, not how HF Markets applies it.
The holder

Who holds this licence

The licence above is recorded against HF Markets. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
HF Markets (SV) Ltd
Based in
Saint Vincent and the Grenadines
Wikilix score
59.0the firm’s overall score, not a rating of this licence

Wikilix records HF Markets as having no regulation on file. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • HF MARKETS (SV) LTD.Saint Vincent and the Grenadines · Reg. 22747 IBC 2015 · Jun 10, 2015
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences HF Markets holds

5 other licences are on record for HF Markets.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions

The brand's client-facing address forwards through a series of separate domains rather than resolving to one stable site, and one of those domains is not currently serving pages. A shifting domain chain makes it harder for a client to know which site is genuinely the broker's, so confirm any address independently before entering credentials or card details.

There is no regulator you could escalate to. With no confirmed licence, no compensation scheme and no published complaints procedure, a dispute would be a matter between you and an offshore company, pursued in Saint Vincent and the Grenadines.

The operating company was incorporated on 10 June 2015 and its entity record is still active, so the corporate vehicle has a history of about ten years. That is a genuine record, and it is separate from the question of whether the trading service is licensed.

The registered office of HF Markets (SV) Ltd is care of a corporate services provider at Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines. That is a registered-agent address, not evidence of a trading office at that location.

By telephone on +44 2030978571 or by email at support@hfm.com. No live chat, published support hours or dedicated complaints address is confirmed.

We could not establish this. No terms document, restricted-countries page or registration form for the brand could be read, so the list of jurisdictions it accepts or refuses is unknown. A 2017 warning by Japan's financial regulator indicates it was not registered to serve clients there.

Unknown. No withdrawal fee schedule is published for any funding channel. Silence is not the same as free, so treat the withdrawal cost as undetermined rather than zero.

This is not published anywhere we could read. No withdrawal processing time, fee or amount limit is confirmed for any channel, which means the cost and timing of getting money out are unknown before you deposit.

The recorded channels are credit card, Neteller, Skrill, Webmoney, wire transfer, Bitcoin and Fasapay. Card and Fasapay funding are described as instant. No deposit fee or minimum amount is published for any of them.

MetaTrader 4 and MetaTrader 5. We could not confirm server names, official download locations or any proprietary platform for this operating entity.

Leverage is advertised at up to 2000:1. That is far above the limits any onshore regulator allows retail clients, and at that ratio a very small adverse price move is enough to wipe out an account balance.

Only the PRO tier has a confirmed figure, at 100 USD or 100 EUR. For the Cent, Zero and Premium tiers no minimum deposit is confirmed, and the brand does not publish a verifiable account-opening minimum we were able to read.

We found no proof of outright fraud, but we cannot call HF Markets safe either. It operates with no confirmed licence, a national regulator has publicly named the entity as conducting financial instruments business without registration, and its own client-facing site could not be read to check its terms. Treat it as high risk and unverified.

The operating company is HF Markets (SV) Ltd, an international business company registered in Saint Vincent and the Grenadines under number 22747 IBC 2015. Its direct and ultimate parent is recorded on the official entity record as HF Markets Holdings Ltd.

No. No financial licence for HF Markets (SV) Ltd, the company behind this HF Markets profile, could be confirmed with any regulator. Saint Vincent and the Grenadines, where the company is incorporated, does not license or supervise retail forex dealing, so its corporate registration there is not a licence.

Licence 155 was issued by The Capital Markets Authority (CMA), the financial authority for Kenya.
HF Markets holds this CMA licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the CMA register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates CMA tier 3. Supervision is lighter-touch and client protections vary.
This page links straight to the CMA register. Search it for 155, and for the name HF Markets rather than the trading brand.
HF Markets has 5 other licences on record with Wikilix, across 5 jurisdictions. They are listed further down this page.
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