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Crypto exchange · Reviewed May 18, 2026

HFM Review

Multi-tier broker on MT4/MT5 with leverage up to 1:1000.
Founded 2010 ·HQ London, United Kingdom
C IC composite score
· out of 5
Spot fee
From 0 pips (Zero Spread); from 1 pip on Micro/Premium
maker / taker
Futures fee
maker / taker
Min deposit
$5 (Micro account)
deposit
Coins listed
spot + perps
24h volume
all markets
US clients
availability
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EDITORIAL VERDICT

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.

iC Reviewed by Joanna Newman · Published · Updated
FULL REVIEW

The complete analysis

Published 2024-07-16

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.

RATING · 6 factors

The composite breakdown

Score: 3.8 · Grade: C
Fees ×1.2 Spot + futures + funding spreads
4.0
Regulation ×1.0 Licenses + jurisdictional standing
4.0
Asset coverage ×1.0 Coins, fiats, derivative pairs
4.0
Security ×1.2 Cold storage, audits, history
3.5
Withdrawal ×1.0 Speed, fees, transparency
4.0
UX ×1.0 Mobile, web, support quality
3.5
VERDICT · pros & cons

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
REGULATION · licenses

Where HFM is regulated

Last verified May 18, 2026
Cyprus Securities and Exchange Commission
Cyprus
Active
Financial Sector Conduct Authority
South Africa
Active
Financial Services Authority
Seychelles
Active
Financial Services Commission
Mauritius
Active
ASSETS · supported

What you can trade

BTCETH
FAQ

Common questions

5 Q&As
Is HFM a safe broker?
Yes. HFM is regulated by CySEC, FSCA, FSA Seychelles, and FSC Mauritius.
What is HFM's minimum deposit?
$5 for the Micro account, $100 for Premium, $200 for Zero Spread and Auto, and $250 for PAMM.
What is the maximum leverage at HFM?
Up to 1:1000 on Forex, 1:500 on metals, 1:200 on indices, and 1:10 on cryptocurrencies.
Which platforms does HFM offer?
MetaTrader 4, MetaTrader 5, the HFM mobile app, and WebTrader.
Does HFM offer Islamic accounts?
Yes — HFM offers Sharia-compliant swap-free accounts.