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HFM

Multi-jurisdiction regulated broker trusted across global markets

HFM — 2010-founded CMA/DFSA-regulated broker offering MetaTrader 4/MetaTrader 5/Proprietary platform.

$0

Min Deposit

Undisclosed

Raw Spread

Varies by jurisdiction and account type

Max Leverage

Varies by account type

Instruments

Trusted with a 4/5 customer rating

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BROKER & TRADING DETAILS

RoundIconBroker Details:
HeadquartersCyprus
Established2010
Min Deposit$0
ExecutionECN/STP, Market Maker
RegulatorsCMA (Kenya), DFSA, FCA, FSA, FSC Mauritius, FSCA
Max LeverageVaries by jurisdiction and account type
Total InstrumentsVaries by account type
India AvailableNo
RoundIconTrading Condition:
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

RoundIconTrading Hours:
Cryptocurrencies
Monday 00:05 - Friday 23:55
Commodities
Monday 01:00 - Friday 24:00
Crude Oil
Monday 01:00 - Friday 24:00
Gold
Monday 01:00 - Friday 23:45
Metals
Monday 01:00 - Friday 23:45
Equity Indices
Monday 01:00 - Friday 24:00
Stocks
Monday 10:01 - Friday 22:55
Bonds
Monday 01:02 - Friday 22:55
RoundIconAccount Funding
Account Types
Standard, ECN/Raw
Deposit Fee
Undisclosed — check the broker's fee schedule before funding
Withdrawal Fee
Varies by method; consult the official fee schedule
Deposit Methods
Credit Cards; Wire Transfer; Neteller; Other
Inactivity Fee
May apply after prolonged inactivity; see terms and conditions
RoundIconTrading Costs & Spreads
EUR/USD
1.3 pips
GBP/USD
1.9 pips
Gold
$0.27
Bitcoin
$76
WTI Crude
$0.06
RoundIconPlatform & Features
MetaTrader 4MetaTrader 5Proprietary platform
Newer Traders
Scalpers
Swing Traders
News Traders
Day Traders
Copy Traders
Automated Traders
Investors
RoundIconPros:
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
RoundIconCons:
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

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

RoundIconVerified Customer Feedback
4.3 Out of 5Total Reviews: 6

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.

T

Tomás Gonçalves

Portugal

Switched 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.

S

Sophie Laurent

Australia

Came 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.

R

Rafael da Silva

Brazil

I 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.

D

Diego Fernández

Argentina

Having 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.

M

Maya Hartono

Indonesia

Tested 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.

A

Aiko Nakamura

Japan

COMPARE BROKERS

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HFM

HFM

Min Deposit$0
Raw SpreadUndisclosed
Max LeverageVaries by jurisdiction and account type
RegulationsCMA, DFSA, FCA, +3 others
PlatformsMetaTrader 4, MetaTrader 5, +1 others
Islamic AccNo
Copy TradingNo
Overall rating
4/5

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FAQ

RoundIconFrequently asked questions

How long do withdrawals take at HFM?

Withdrawal processing times depend on the method — card refunds and e-wallets are typically faster than bank wires. Check the broker's current cash-out schedule and any per-method fees in the client portal before initiating a transfer.

Is HFM suitable for beginners?

Does HFM offer a demo account?

What is the minimum deposit at HFM?

Which trading platforms does HFM support?

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