The IC verdict
HFM (founded 2010) runs MT4, MT5, WebTrader, and a mobile app under CySEC, FSCA, FSA Seychelles, and FSC Mauritius. Five account types (Micro through PAMM) and high 1:1000 FX leverage frame an offering that fits scalpers and copy traders alike — at the cost of limited customer-support hours.
The complete analysis
General Risk Warning
Trading financial products carries a high level of risk and may result in the loss of all your invested capital. Ensure you fully understand the risks and seek independent advice if necessary.
HFM Full Review

General Information & First Impressions
HFM, established in 2010, is a globally recognized forex and commodities broker offering a diverse range of trading instruments, including forex, metals, indices, energies, and cryptocurrencies. The broker is known for its user-friendly platforms and strong regulatory oversight.
HFM Pros and Cons
Pros:
- Wide range of trading instruments
- Multiple account types to suit different traders
- Strong regulatory framework
- Competitive spreads and low fees
Cons:
- Limited customer support hours
- Some regions may have restrictions
Who Is HFM For?
HFM is suitable for both novice and experienced traders. With its various account types, it caters to different trading styles and capital sizes. Its educational resources also make it a good choice for beginners.
Account Types and Benefits
HFM offers several account types:
- Micro Account: Low minimum deposit, ideal for beginners.
- Premium Account: More advanced features for experienced traders.
- Zero Spread Account: Tight spreads, suitable for scalpers.
- Auto Account: Allows for copy trading.
- PAMM Account: For money managers.
| Account Type | Minimum Deposit | Spreads | Key Features |
|---|---|---|---|
| Micro | $5 | From 1 pip | For beginners |
| Premium | $100 | From 1 pip | Advanced features |
| Zero Spread | $200 | From 0 pips | Low spreads |
| Auto | $200 | From 1 pip | Copy trading |
| PAMM | $250 | From 1 pip | Money management |
HFM Trading Platforms
HFM provides a variety of trading platforms including:
- MetaTrader 4: Popular among forex traders for its robust features.
- MetaTrader 5: Enhanced version with more tools.
- HFM App: Mobile trading on the go.
- WebTrader: Browser-based platform for easy access.
HFM Mobile Trading

The HFM mobile app offers a seamless trading experience with full account functionality, advanced charting tools, and real-time market data, ensuring you never miss a trading opportunity.
HFM Trading Features
- Leverage: Up to 1:1000, allowing traders to maximize their exposure with minimal capital.
- Spreads: Competitive spreads starting from 0 pips.
- Order Execution: Fast and reliable with no requotes.
- Risk Management: Tools like stop loss, take profit, and trailing stops.
HFM Research & Education
HFM provides extensive educational resources, including webinars, eBooks, video tutorials, and market analysis. These resources help traders improve their skills and stay informed about market trends.
HFM Regulations & Licensing
HFM is regulated by multiple authorities:
- CySEC (Cyprus Securities and Exchange Commission)
- FSCA (Financial Sector Conduct Authority) in South Africa
- FSA (Financial Services Authority) in Seychelles
- FSC (Financial Services Commission) in Mauritius
HFM Pricing
HFM offers competitive pricing with low spreads and no hidden fees. The broker provides transparent cost structures across all account types.
HFM Deposits & Withdrawals
HFM supports multiple deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets. Processing times vary, but most methods offer quick transactions.
| Method | Fees | Processing Time |
|---|---|---|
| Bank Transfer | None | 1-3 business days |
| Credit/Debit Card | None | Instant |
| E-Wallets | None | Instant |
Customer Support
HFM provides customer support through multiple channels, including live chat, email, and phone. Support is available in several languages, although hours may be limited.
HFM Trading Experience
HFM offers a robust trading experience with advanced platforms, a wide range of instruments, and competitive pricing. The broker's educational resources and customer support further enhance the trading environment.
HFM Bottom Line
HFM stands out as a reliable broker with strong regulatory oversight, competitive pricing, and extensive educational resources. Its diverse account types and trading platforms cater to traders of all levels.
HFM Spreads with Tableau
| Instrument | Spread (pips) |
|---|---|
| EUR/USD | From 0.1 |
| GBP/USD | From 0.3 |
| Gold | From 0.2 |
| Oil | From 0.03 |
HFM Swap Fees with Tableau
| Instrument | Swap Long | Swap Short |
|---|---|---|
| EUR/USD | -0.5 | 0.3 |
| GBP/USD | -0.7 | 0.4 |
HFM Available Languages
HFM supports multiple languages, including English, Spanish, French, Arabic, and more, catering to a global audience.
HFM Charts Available

HFM offers advanced charting tools with multiple timeframes, technical indicators, and drawing tools, enhancing technical analysis capabilities.
HFM Order Types
HFM supports various order types, including market orders, stop loss, take profit, and trailing stops, providing traders with comprehensive risk management tools.
HFM Order Execution Model
HFM operates on a no-dealing desk (NDD) execution model, ensuring fast and transparent order execution without requotes.
HFM MetaTrader 4 and 5

HFM offers both MetaTrader 4 and MetaTrader 5 platforms, providing traders with advanced charting tools, automated trading options, and a wide range of technical indicators.
HFM Islamic Account
HFM provides Islamic accounts that comply with Sharia law, offering swap-free trading for traders who follow Islamic finance principles.
HFM Maximum Leverage by Asset Class
| Asset Class | Maximum Leverage |
|---|---|
| Forex | 1:1000 |
| Metals | 1:500 |
| Indices | 1:200 |
| Cryptocurrencies | 1:10 |
What Can You Trade with HFM?
HFM offers a wide range of tradable instruments, including forex, metals, indices, energies, cryptocurrencies, and more.
HFM Tradable Instruments
| Instrument | Examples |
|---|---|
| Forex | EUR/USD, GBP/USD, USD/JPY |
| Metals | Gold, Silver |
| Indices | S&P 500, FTSE 100 |
| Energies | Oil, Natural Gas |
| Cryptocurrencies | Bitcoin, Ethereum |
HFM Spreads with Tableau
| Instrument | Spread (pips) |
|---|---|
| EUR/USD | From 0.1 |
| GBP/USD | From 0.3 |
HFM Swap Fees with Tableau
| Instrument | Swap Long | Swap Short |
|---|---|---|
| EUR/USD | -0.5 | 0.3 |
| GBP/USD | -0.7 | 0.4 |
Is HFM a Scam Broker?
HFM is a regulated broker under multiple authorities, including CySEC, FSCA, FSA, and FSC, ensuring it operates within legal frameworks and maintains high standards of transparency and security.
Possible to Trade NFT?
Currently, HFM does not offer direct trading of NFTs. However, traders can invest in cryptocurrency pairs that are often associated with NFT transactions.
Broker Details
HFM is a globally recognized broker with a diverse range of trading instruments and robust regulatory oversight.
Contact Info
- Email: support@hfm.com
- Phone: +44 203 097 8571
- Address: 50-60 Basinghall Street, London, EC2V 5AZ, United Kingdom
HFM vs. eToro
While both HFM and eToro offer diverse trading instruments and robust platforms, HFM stands out with its competitive pricing, higher leverage options, and extensive educational resources, whereas eToro excels in social trading and a user-friendly interface.
HFM in 2024: What's New?
In 2024, HFM continues to innovate by expanding its range of tradable instruments and enhancing its trading platforms with new features and tools, maintaining its competitive edge in the market.
The composite breakdown
What's good, what isn't
Pros
- Regulated by CySEC, FSCA, FSA Seychelles, and FSC Mauritius
- Five account types: Micro, Premium, Zero Spread, Auto (copy), PAMM
- Up to 1:1000 leverage on Forex
- No deposit or withdrawal fees on bank, card, or e-wallet
- MT4, MT5, WebTrader, and dedicated HFM mobile app
- Islamic swap-free accounts
Cons
- Customer support hours are limited
- Some regional restrictions apply
- Crypto leverage capped at 1:10