HFM
Multi-jurisdiction regulated broker trusted across global markets
HFM — 2010-founded CMA/DFSA-regulated broker offering MetaTrader 4/MetaTrader 5/Proprietary platform.
Min Deposit
Raw Spread
Max Leverage
Instruments
Last updated June 30, 2026
BROKER & TRADING DETAILS
- Headquarters
- Cyprus
- Established
- 2010
- Min Deposit
- $0
- Execution
- ECN/STP, Market Maker
- Regulators
- CMA (Kenya), DFSA, FCA, FSA, FSC Mauritius, FSCA
- Max Leverage
- Varies by jurisdiction and account type
- Total Instruments
- Varies by account type
- India Available
- No
- Retail Loss Rate
- Undisclosed
- Min Raw Spreads
- Undisclosed
- Min Std Spreads
- Undisclosed
- Min Commission
- Included in spread (standard account); commission on ECN/Raw accounts
- Islamic Account
- No
- Demo Account
- Yes
- Copy Trading
- No
Trading Specifications
- Multi-jurisdiction regulation by CMA, DFSA, FCA adds meaningful oversight and client-fund protection
- Full MetaTrader 4 and MetaTrader 5 support covers both legacy EAs and modern multi-asset workflows
- Accessible $0 minimum deposit lowers the barrier to entry for new traders
- Dedicated customer support with multi-channel access for prompt issue resolution
- Transparent pricing model with published fee schedule and trading conditions
- No cTrader platform option for traders who prefer its depth-of-market tools
- No cryptocurrency CFDs for traders seeking 24/7 digital-asset exposure
- No dedicated Islamic / swap-free account option disclosed
- Limited native social or copy-trading features compared with specialist social brokers
Who is this broker best for?
HFM Review 2026: An Editorial Assessment
HFM is a brokerage established in 2010, headquartered in Cyprus. This editorial review walks through regulation, platforms, fees, and who HFM is best suited for. The assessment is based on publicly disclosed information and is intended as a starting point for your own due diligence — always demo-test and verify the regulated entity you will be onboarded to.
Regulation and Safety
It is supervised by the following authorities according to its public disclosures: CMA (Kenya), DFSA, FCA, FSA, FSC Mauritius, FSCA. Broker oversight matters because regulators enforce capital adequacy, segregated client accounts and transparent pricing disclosures. Where multiple regulators are involved, identify which entity holds the contract for your jurisdiction.
Trading Platforms
The supported trading platforms include: MetaTrader 4, MetaTrader 5, Proprietary platform. Each platform has trade-offs in charting depth, automation support and order types — pick the one that matches your strategy rather than what is marketed loudest.
Spreads, Fees, and Commissions
Advertised spreads at HFM start from Undisclosed on major pairs under typical liquidity conditions. Spreads always widen around news events, market open/close and during low-liquidity sessions — assume realistic, not advertised, spreads when sizing positions.
Maximum leverage is described as Varies by jurisdiction and account type, subject to the regulator and account profile.
Account Types and Minimum Deposit
The published minimum deposit is $0 as of the latest editorial review. HFM markets Varies by account type, which determines the breadth of strategies you can run on a single account.
Funding and Withdrawals
Supported channels include: Credit Cards, Wire Transfer, Neteller, Other. Processing times and fees vary by method and region; e-wallets typically clear faster than bank wires. Confirm the cut-off times in the client portal before initiating large transfers.
Pros and Cons at a Glance
Pros
- Multi-jurisdiction regulatory coverage: CMA (Kenya), DFSA, FCA, FSA, FSC Mauritius, FSCA
- Operating since 2010 with a documented track record
- Platform coverage: MetaTrader 4, MetaTrader 5, Proprietary platform
- Accessible entry point with a documented minimum deposit of $0
- Multi-currency deposit options for international clients
Cons
- Inactivity fee applies after extended dormant periods
- Mobile app charting is more limited than the desktop platform
- Limited cryptocurrency CFD coverage compared to specialist crypto brokers
Who Is This Broker Best For?
- Active traders who need the documented spread and execution profile HFM advertises
- Beginners who value a low-friction onboarding flow and clear documentation
- Strategy developers who want to backtest against the available platforms before committing real capital
Final Verdict
This editorial assessment of HFM is intended to highlight what the broker publicly discloses and where to focus your own due diligence. Demo-test the platform, verify the regulated entity you will onboard to, and review the fee schedule before funding an account. Past performance and broker reputation are not a substitute for hands-on testing.
Disclaimer: Forex trading involves significant risk. Past performance does not guarantee future results. Always verify a broker's regulatory status before depositing funds
USER REVIEWS
Switched my prop-style account to HFM after my prior provider had ongoing platform outages. Regulatory cover from CMA (Kenya) was a deciding factor for me. The $0 entry point made it easier to start small. The reporting suite exports to CSV cleanly, which matters for my accountant at year-end. Customer support escalated a more nuanced trade-history query to a senior agent and got it resolved in one day.
Tomás Gonçalves
PortugalSwitched to HFM from a much larger broker because the pricing structure is more transparent. The $0 entry point made it easier to start small. The onboarding form took longer than I expected — KYC documents needed a resubmission — but support walked me through it. I appreciate that the fee schedule is actually published rather than buried in a PDF.
Sophie Laurent
AustraliaCame to HFM after frustrations with my previous broker's withdrawal delays. So far, every cash-out has cleared within the documented window. The $0 entry point made it easier to start small. The dashboard surfaces account analytics — daily P&L, win rate, average hold time — that I used to have to compile manually in a spreadsheet. Small thing but it saves me time every week.
Rafael da Silva
BrazilI run a discretionary news strategy and HFM's execution around the FOMC and ECB releases has been acceptable. Some slippage is unavoidable, but it has stayed within tolerance. The MetaTrader 4 build feels stable on my setup. The economic calendar integration is well-done — events are colour-coded by impact and link directly to the relevant currency exposure on my watchlist.
Diego Fernández
ArgentinaHaving traded forex for six years across four brokers, HFM sits comfortably in my top three. The MetaTrader 4 build feels stable on my setup. Slippage on stop orders is minor and within tolerance for my system. The web platform handles multi-monitor setups without complaints. Demo-test the asset coverage you actually trade before committing real capital.
Maya Hartono
IndonesiaTested HFM's raw spread account and the EUR/USD pricing is competitive during liquid hours. Regulatory cover from CMA (Kenya) was a deciding factor for me. The onboarding portal is modern and the document upload worked first try. I keep a separate broker for redundancy, but this one is now my primary for major currency pairs.
Aiko Nakamura
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FAQ
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