HFM, where the world of online trading meets cutting-edge innovation and unparalleled service. Whether you're a novice eager to test your skills or a seasoned trader looking to elevate your game, HFM offers a suite of trading accounts designed to meet your needs. With leverage up to 1:2000, ultra-fast execution, and a mobile app recognized as the Best Forex Trading App by Capital Finance, Broker ensures you have the tools you need to succeed. Our zero account offers a swap-free, low-cost solution, while our pro account caters to those ready to take their trading to the next level.
🤑 Starting Off with an Introduction to HFM
HFM, also known as HF Markets, is a well-established online forex and CFD broker that has been serving traders since 2010. With over 2.5 million clients and $2 billion in deposits, Broker has built a strong reputation in the industry. The broker is known for its quality research, proprietary copy trading platform called HFcopy, and a solid selection of nearly 1,000 CFDs including 100+ forex pairs.
The company is authorized by two Tier-1 regulators (the FCA in the UK and CySEC in Cyprus), three Tier-2 regulators, and two Tier-4 regulators. This strong regulatory oversight provides clients with a high level of security and protection.
| Key Feature | Details |
|---|---|
| Foundation Year | 2010 |
| Headquarters Country | United Kingdom (London) |
| Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), and other local regulators |
| Products | Forex, Commodities, Bonds, Metals, Energies, Shares, Indices, Cryptocurrencies |
| Platforms | MetaTrader 4, MetaTrader 5, HFM App |
| Account Types | Cent, Zero, Pro, Premium |
| Minimum Deposit | $0 (Cent, Zero, Premium), $100 (Pro) |
| Spreads | From 0 pips (Zero), 0.6 pips (Pro), 1.2 pips (Cent, Premium) |
| Commissions | Applicable on Zero account |
| Max Leverage | Up to 1:2000 (may be adjusted for equity over $300,000) |
| Education | Articles, videos, webinars, e-courses, seminars |
| Research | In-house research, third-party analysis, news from FXStreet, sentiment analysis, correlation data |
| Customer Support | 24/5 via live chat, email, and phone in multiple languages (Contact Us) |
The Trading Platforms You Need to Excel
One of HFM's key strengths is its range of powerful trading platforms:
- MetaTrader 4 & 5:
Broker offers the popular MetaTrader 4 and MetaTrader 5 platforms for desktop, web, and mobile. MT4/5 are feature-rich platforms known for their advanced charting, extensive market indicators, and algorithmic trading support.
- HFcopy:
This is HFM's proprietary copy trading platform. It allows users to automatically copy the trades of successful traders. A minimum of €300 is required to start following a strategy on HFcopy.
- Webtrader:
For traders who prefer a lightweight, web-based platform, Broker provides the Webtrader. It can be accessed directly from a web browser without any downloads.
Account Types for Every Need
Offers several account types to cater to different trading styles and experience levels:
| Account | Min. Deposit | Spreads | Features |
|---|---|---|---|
| Cent | $0 | From 1.2 pips | 1 lot = 1000 units, max 200 lots per position |
| Zero | $0 | From 0 pips + commission | 1 lot = 100,000 units, max 60 lots per position |
| Pro | $100 | From 0.6 pips | 1 lot = 100,000 units, max 60 lots per position |
| Premium | $0 | From 1.2 pips | 1 lot = 100,000 units, max 60 lots per position |
It offers a range of account types to cater to different trading styles and experience levels.
- The Cent account has a minimum deposit of $0 and allows trading micro lots, with spreads from 1.2 pips.
- The Zero account also has no minimum deposit and offers spreads from 0 pips plus a commission.
- The Pro account requires a $100 minimum deposit and provides spreads from 0.6 pips.
- The Premium account has no minimum deposit and spreads from 1.2 pips, along with additional features like a personal account manager.
💰 Fast and Secure Deposits and Withdrawals
Deposits and withdrawals at HFM are straightforward. The broker supports a variety of payment methods including bank wire transfers, credit/debit cards, and several e-wallets like Skrill and Neteller.
No deposit fees are charged by HFM. Deposits via most methods are processed instantly, while bank wires can take 2-10 business days.
For withdrawals, the minimum amounts and processing times are as follows:
| Method | Min. Withdrawal | Processing Time | Fees |
|---|---|---|---|
| Bank Wire | $100 | 2-10 business days | None from HFM, but banks may charge |
| Credit/Debit Card | $5 | 2-10 business days | None, but the amount can't exceed deposits |
| Skrill | $10 | Up to 24 hours | None |
| Neteller | $5 | Instant | None |
Asset Classes
Offers a diverse range of asset classes for traders to access through CFDs (Contracts for Difference).
The broker provides over 500 markets to trade, including more than 100 forex pairs covering majors, minors, and exotics. Traders can also speculate on precious metals like gold and silver, as well as energies such as crude oil.
HFM's offering includes CFDs on major stock indices from around the world and individual stocks of leading global companies. Commodities available to trade encompass both soft commodities like cocoa, coffee, cotton, and sugar, and hard commodities such as copper.
Bonds issued by major economies including the UK and US are also part of HFM's asset lineup. The broker has further diversified its instruments with a selection of ETF CFDs spanning various markets, sectors, currencies, and commodities. Rounding out HFM's product suite is cryptocurrency CFDs, enabling clients to trade popular digital assets like Bitcoin, Ethereum, Ripple, and Litecoin.
Answers to all Your Questions
Is HFM a good broker for beginners?
Yes, HFM caters to both novice and experienced traders by offering flexible account types, educational resources, and research tools. They provide a free demo account where beginners can practice trading with virtual money.
What is the maximum leverage offered by HFM?
HFM offers leverage up to 1:2000 on some account types. The maximum leverage may be adjusted if account equity exceeds $300,000.
Is HFM well-regulated?
Yes, HFM is regulated by multiple top-tier authorities including the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and DFSA (Dubai). This ensures a high level of security and protection for clients.
What educational resources does HFM provide?
It offers a variety of educational materials including articles, videos, webinars, e-courses and seminars. These cover topics suitable for both beginner and advanced traders.
Does HFM offer any bonuses or promotions?
Yes, HFM provides various bonuses and promotional offers to clients. However, some reviewers note their bonus programs may not be as attractive as some competitors.
How can I contact HFM customer support?
It offers 24/5 customer support via live chat, email ([email protected]), and phone (+44-203 097 85 71). Their support team is known for being responsive and helpful.
👉 Final Thoughts
HFM stands out as a world leader in online trading by offering a diverse range of trading accounts and tools tailored to meet the needs of traders at all levels. With features like 1:2000 leverage, ultra-fast execution, and swap-free accounts, HFM provides an environment that fosters growth and skill development for both novice and experienced traders.
The innovative HFM App, recognized as the Best Forex Trading App by Capital Finance, further enhances the trading experience with its user-friendly design and advanced functionalities. Whether you are just starting or looking to elevate your trading strategies, HFM offers a comprehensive and reliable platform to achieve your financial goals.
