HF Markets Broker Review 2025

HFM offers commission-free Forex trading (except on Zero account) with floating spreads from 0.0 pips. It rewards its affiliates with commissions of up to $650 and supports Crypto payments. The broker also provides access to Autochartist and SMS market notification services.

HFM (Company and Regulation)

HF Markets, short for "Hot Forex Markets," is a well-established and reputable broker serving traders worldwide since 2010. The company's commitment to regulatory compliance and client protection is evident in its multiple licenses from respected financial authorities. Here's a closer look at HFM's regulatory landscape.

This multi-jurisdictional approach ensures that the company adheres to strict regulatory standards, providing traders with a secure and transparent trading environment. The broker's commitment to compliance is further reinforced by its negative balance protection policy, which safeguards clients from losing more than their account balance.

Summary of HFM Specifics

The Forex broker offers a comprehensive suite of trading services and features designed to cater to novice and experienced traders. Here's a quick overview of what HFM brings to the table.

What Types of Accounts Does HFM Offer?

The company provides a range of account types to suit different trading styles and experience levels. The diverse account offerings ensure that you can start trading with tight spreads from 0.0 pips. Here's a breakdown of the main account options on HFM.

HFM Pros & Cons

To provide a balanced perspective, let's examine the advantages and disadvantages of trading with the HFM broker.

While the broker offers numerous advantages, it's essential to consider these factors in the context of your individual trading needs and preferences.

Account opening and verification on HF Markets

Opening an account with the broker is a straightforward process designed to get you trading quickly while ensuring compliance with regulatory requirements. Here's a step-by-step guide to HFM registration.

#1 Access the Official HFM Website

Visit the broker’s main website and initiate your sign-up by selecting the “Register” button.

#2 Submit Initial Details

Fill in your country of residence, a valid email address, and create a secure password which includes:

• Uppercase
• Lowercase
• Numbers
• Symbols

Then, agree to the broker’s terms to proceed.

#3 Verify Your Email

HFM will email a verification code. Enter it in the prompted field to validate your address.

#4 Complete Personal Profile

Provide essential data like:

• Full name
• Date of birth
• Phone number
• Residency details

Once completed, your account setup is finalized.

#5 Verification

For HFM verification, once your application is submitted, the broker will review it and request additional documentation for verification purposes.

• Proof of identity (passport, national ID, or driver's license)
• Proof of address (utility bill or bank statement, not older than three months)

HFM Trading Platforms

The broker offers a selection of popular and advanced trading solutions, including MetaTrader 4 & MetaTrader 5, to cater to different trader preferences and needs. HF Markets trading platforms:

HFM App

• Android
• iOS

MT4

• Desktop;
• Android
• iOS

MT5

• Desktop
• Android
• iOS

A wide range of platforms ensures that traders can choose the tool that best suits their trading style and technical requirements, whether they prefer desktop applications, web-based solutions, or mobile trading.

Fee Structure and Spreads on HF Markets

The broker offers competitive pricing across its various account types. Here's a breakdown of the fee structure and spreads on HFM.

It's important to note that spreads can widen during low liquidity or high market volatility. Traders should always check the current conditions before executing orders.

HFM Available Payment Methods

We should examine the available payment options at this point of the HFM review. The company provides a variety of deposit and withdrawal methods to accommodate traders from different regions.

The broker offers Neteller and WebMoney in addition to the mentioned methods for withdrawing money. The minimum amount for them is $5, and the process takes up to 10 minutes.

Does HF Markets Offer Copy Trading or Any Growth Plans?

We should explore available growth strategies in the HF Markets review. The firm offers a copy trading service, which allows clients to follow and replicate the strategies of successful traders. You can become a follower or strategy provider in this program. Features of HF Markets' copy trading service:

The broker also offers a PAMM program, in which you can become a Fund manager or an investor and earn money from successful trades.

Assets and Financial Instruments on HF Markets

HF Markets offers a diverse range of trading instruments across various asset classes. You can trade CFDs on over 1000 financial instruments.

This wide array of financial assets allows traders to explore various markets and implement diverse trading strategies, catering to different risk appetites and investment goals.

What Promotion Plans and Bonuses Does HFM Offer?

Another attractive aspect that we should talk about in HF Markets review is the broker’s bonus offerings. The firm provides several promotional programs and bonuses to attract new clients and reward existing ones. However, it's important to note that the availability of these plans may vary depending on your region and regulatory restrictions. Key promotions offered by HF Markets:

• 20% TOP-UP: Up to $5000 bonus on every transfer in the exclusive account;
• Gadget giveaway: XBOX series S, iPhone 15 pro max, and other cool gadgets as the winning prize for trading contests;
• Traders award: $1,000 cash reward for the trader with the best performance;
• Loyalty program: Earn HFM bars for each traded lot based on your active trading days.

You can also participate in the HFM’s comprehensive affiliate program with 2 different commission scheme: Standard and Exclusive. The client’s region is a key factor in calculating the referral commission, too.

HF Markets Customer Support

Providing several channels for clients to seek help is crucial in any online platform. Considering this, the company offers customer support through several methods.

The broker supports clients in more than 27 languages, 24/5, with limited weekend support for urgent issues. Mixed reviews are submitted about the quality of customer service provided by HFM.

Which Countries Are Restricted on HF Markets?

The broker operates globally but is restricted from offering services in certain countries due to regulatory requirements, sanctions, or other legal considerations. Here's a list of countries where HFM cannot provide its services.

• United States of America
• Afghanistan
• Algeria
• Belgium
• British Columbia (Canada)
• British Virgin Islands
• Central African Republic
• Democratic Republic of the Congo
• France
• Guinea
• Haiti
• Iran
• Iraq
• Israel
• Ivory Coast
• Lebanon
• Liberia
• Libya
• Quebec (Canada)

HF Markets Broker Tools

The broker provides a suite of tools to enhance the trading experience and assist traders in making informed decisions. HF Markets trader tools:

• Economic Calendar: Real-time updates on major economic events with customizable filters for currency pairs and importance levels;
• Calculators: Calculate pip value, pivot points, position size, swaps, and many more;
• Market Analysis: Daily market reviews and forecasts and weekly outlook reports;
• VPS (Virtual Private Server) Service: Uninterrupted trading and faster execution, ideal for algorithmic and high-frequency traders;
• Autochartist: Automated market scanner for MT4/5;
• SMS service: Get notifications on market changes via SMS.

HFM Trust Scores from TrustPilot and Other Review Websites

The broker has garnered significant attention on various review platforms, with Trustpilot being one of the primary sources of customer feedback. Here's an overview of HF Markets' trust scores and reputation.

On Trustpilot, over 85% of the reviews are 4-star & 5-star, which is a significant share. The website states that the brokerage typically replies to reviews within a week, and HFM has addressed all negative comments.

Reliable and fast withdrawals, competitive trading conditions, user-friendly platforms, and educational resources are the key points of positive feedback. However, there are some reports of account suspension issues, occasional technical glitches, and withholding of clients’ money.

While the overall sentiment is positive, potential clients should consider both praise and criticism when deciding. It's important to note that individual experiences can vary, and traders should always conduct their due diligence.

Educational Content on HF Markets

The company offers a comprehensive suite of educational resources designed to cater to traders of all experience levels. These contents aim to enhance trading knowledge and skills and keep traders informed about market developments. Here's an overview of the HFM educational offerings.

• Academy: Structured courses, video tutorials, E-books, and PDF guides covering trading topics
• Webinars: Live online sessions with market experts
• Daily market analysis: Latest news, outlooks, and analysis
• Glossary of economic releases: A list of the most important financial announcements worldwide

HFM Compared to Other Forex Brokers

Before wrapping up, here's a comprehensive comparison between HF Markets and some top brokerages:

Conclusion and Final Words

HFM provides CFDs on more than 1000 financial instruments across 9 different Markets, including Forex, Crypto, and ETFs. It has a Trustpilot score of 4.6, and doesn’t accept US clients.