HFM（HF Markets）review 2024 Pros and Cons

HFM is a broker owned by the HF Markets Group, offers a wide variety of account types, and has the widest selection of trading assets and high-quality software.

HFM also has favorable trading conditions and instant execution of orders.
Plus, a solid list of tools and services allow everyone to choose the best option.

KEY TAKEAWAY

・Flexible leverage up to 1:2000 ・Tight Spreads from as low as 0.1 ・EAs, Scalping, and Hedging allowed ・myHF portal enables online account management ・24/5 dedicated support in over 27 languages ・Winner of over 60 Industry Awards

＼Open an account for free／Open an account with HFM

Winner of over 60 Industry Awards

Until now there are more than 500,000 Live accounts opened with the HFM, along with multiple Industry awards and sponsorship HFM prestigious titles recognize as Best Clients Funds Security Broker, Best Forex Provider, Top 100 Companies etc.


Besides its looks to us an attractive trading proposal at first look, there are some confirmations about its trustworthy business due to official figures and numbers, as well as numerous industry awards that HoForex holds and counting.

We also saw great development of HFM along the ttime, before broker mainly operate in Europe and now is one of the trully global brokers with great coverage of regions.

Is HFM safe Broker?

HFM consider HFM a safe broker due to being licensed by several top authorities including FCA, FSCA and CySEC.

HFM is a brand name of HF Markets (Europe) Ltd. that is authorized and regulated by the CySEC a regulatory authority for Investment Services firms in Cyprus, also operates with cross-border licenses, authorizing HFM to provide investment services within EEA zone.

It means the broker is regulated and authorized to offer its trading service along with necessary safety measures and controls applied.

For the funds protection, which is an important part of the regulated broker, HF Markets (Europe) Ltd. is a member of the Cyprus Investor Compensation Fund. It constitutes a claim of the covered clients against investment firms. Clients’ deposits are protected under the requirements of the regulators.

While in addition to that HFM safeguard traders with a Civil Liability insurance program for a limit of €5,000,000, which includes coverage against errors, omissions, negligence, fraud and various other risks that may lead to financial loss, giving extra layer of protection.

Leverage

Higher leverage ratios like 1:400, 1:500 or even 1:2000 are offered through HFM offshore entities since a particular registration does not limit offering and allows high leverage levels.

While trading with HFM we founf availabilitty of fixed or floating leverage, which is indeed a very useful tool, especially for traders of smaller size.

Leverage brings an opportunity to increase your potential gains through its possibility to multiply balance in a particular number of times. 

Spreads

Spreads fees defined by the account type you use, thus Micro Account spread starting from 1 pip and Zero Account offers 0 fee which averages on 0.2 pips most often.

HFM fees are built in a transparent manner while the only charge is variable spread, which is a difference between bid and ask price, also HFM does not offer fixed spread.

HFM does not charge additional fees or commission, thus your calculation of the position is quite seamless and easy despite the level of trader you are.

What Instruments I can trade in HFM?

One of the HFM Pros also is offered market range that includes 17 trading tools and 150+ trading products with access to global markets.

These include Indices, Metals, Energies, Shares, Commodities, Bonds, ETFs, DMA Stocks, and included for last years offering to trade Cryptocurrencies with Bitcoin, Ethereum, Litecoin, Ripple and more.

There are multiple ways to fund trading accounts supported by HFM.
Minimum deposit is among lowest in industry, also Fees are either 0 or very small, besides range of supported funding methods is good.

Customer Service

The broker provides support in 27 languages which is an impressive number that covers almost all world most used languages, and allowing traders from almost any country to join trading and get quality support.