HFM EU is the European branch of HF Markets broker, which provides services to residents of the EEA and some other countries, such as the United Kingdom, Dubai, South Africa, and Kenya.
Spreads from 0.0 pips and free VPS hosting are some of the attractive features the award-winning broker (60+ awards, including Best Trading Accounts) has to offer.
HFM EU; Company Information and Regulation
HF Markets (Europe) Ltd is a Cypriot Investment Firm (CIF) under number HE 277582. The Cyprus Securities and Exchange Commission (CySEC) regulates the broker under license number 183/12.
HF Markets operates in multiple jurisdictions through a group of companies and has acquired licenses from several regulatory bodies, including FCA, DFSA, FSCA, FSA, and CMA. Key features of HFM EU:
- Spreads from 0.0 pips
- Leverage options of up to 1:30
- 500+ trading instruments
- Founded in 2010
- licensed by CySEC since 2012
HFM EU Key Features
The Broker offers a comprehensive suite of features for novice and experienced traders. Here's a table summarizing the key specifications of HF Markets Europe:
Broker | HF Markets Europe |
Account Types | Zero, Premium, Premium Pro |
Regulating Authorities | CySEC |
Based Currencies | USD, EUR |
Minimum Deposit | $0 |
Deposit Methods | Wire Transfer, Visa, MasterCard, Neteller, Skrill |
Withdrawal Methods | Wire Transfer, Visa, MasterCard, Neteller, Skrill |
Minimum Order | 0.01 lots |
Maximum Leverage | 1:30 (1:400 for professionals) |
Investment Options | None |
Trading Platforms & Apps | MT4, MT5, HFM platform |
Markets | Forex, Metals, Energies, Stocks, Indices, Commodities, Bonds, ETFs |
Spread | Variable based on the account type |
Commission | Variable based on the account type and instrument |
Orders Execution | Market |
Margin Call / Stop Out | Variable based on the account type |
Trading Features | Swap-free accounts, Autochartist, Trading calculators, Online trading courses |
Affiliate Program | Yes |
Bonus & Promotions | Referral |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Email, Tel, Live Chat |
Customer Support Hours | 24/7 |
Account Offerings
Formerly known as HotForex, the broker offers three main account types: Zero, Premium, and Premium Pro (specially designed for professionals).
Features | Zero | Premium | Premium Pro |
Base Currency | USD, EUR | USD, EUR | USD, EUR |
Min Order Size | 0.01 lots | 0.01 lots | 0.01 lots |
Max Leverage | 1:30 | 1:30 | 1:400 for professionals |
Margin Call | 80% | 80% | 50% |
Stop Out | 50% | 50% | 20% |
Swap-Free Option | Yes | Yes | No |
Min Deposit | $0 | $0 | $5,000 for professionals |
Account Opening and KYC on HFM EU Broker
The company has implemented a thorough Know Your Customer (KYC) procedure following CySEC and MiFID requirements.
Here are the steps to open a live account on HF Markets Europe:
- Visit the brokerās official website;
- Click āRegisterā;
- Fill out the registration form;
- Enter the OTC sent to your email;
- Fill in the profile details
- Provide proof of identity (passport, national ID, or driving license) and proof of address (bank statement or utility bill).
Available Trading Platforms
The European branch of HF Markets offers a selection of popular trading platforms, from MetaTrader to a proprietary mobile application.
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
HFM Application
HFM EU Fees Explained
The broker has implemented a floating spread structure across its different accounts, while it doesnāt provide specific details about trading commissions.
Account Type | Spreads From (Pips) | Commissions for Forex |
Zero | 0.0 | Yes |
Premium | 1.4 | $0.0 |
Premium Pro | 1 | $0.0 |
The table below offers the typical spreads for the most popular currency pairs in this HFM EU review.
Forex Pairs | Typical Spreads (Pips) | ||
Zero | Premium | Premium Pro | |
EURUSD | 0.0 | 1.3 | 1.2 |
EURCAD | 0.9 | 2.6 | 2.3 |
EURGBP | 0.1 | 1.6 | 1.7 |
GBPUSD | 0.0 | 2.0 | 1.9 |
USDJPY | 0.4 | 2.4 | 2.1 |
USDCHF | 0.3 | 2.3 | 2.1 |
GBPJPY | 0.3 | 3.5 | 3.6 |
Payment Methods
HFM EU offers a variety of payment methods to facilitate easy deposits and withdrawals. As a plus, the broker processes transactions 24/7 and charges no additional fees.
Method | Minimum Funding | Minimum Withdrawal |
Wire Transfer | $250 | $100 |
Visa / MasterCard | $50 | $5 |
Neteller | $50 | $5 |
Skrill | $50 | $5 |
Does HFM EU Broker Offer any Growth or Investment Plans?
While HF Markets primarily focuses on self-directed trading, it offers 16 trading tools that can support traders throughout their journey and help them make more profitable decisions, including:
- Autochartist Market Scanner
- Calculators
- VPS Hosting
- Economic Calendar
- Sentiment Trader
- Session Map
- Alarm Manager
However, the company offers no wealth management, copy trading, or investment services.
HFM EU Affiliate
While the broker offers no traditional promotions like welcome gifts and deposit bonuses, it has a comprehensive affiliate program with the following details:
- CPAs of up to $650 per referred client
- Monthly payouts
- Minimum withdrawable commission: $300
- Unlimited passive income
- Two CPA schemes, including Standard and Exclusive (more than 20 clients)
HFM EU Broker Support Channels
The company prides itself on providing comprehensive 24/5 customer support through various channels, from a FAQ section to live chat.
support@hfeu.com | |
Tel | +357-244 001 65 |
Live Chat | Non-responsive |
HF Markets Europe is registered and headquartered at Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus.
HFM EU Reviews
HFM EU offers services mainly to EEA residents (excluding Belgium). While the branch itself has no separate profiles on review websites, its mother company, HF Markets Group, has been featured on various platforms, including:
4.4/5 based on 578 ratings | |
Forex Peace Army | 3.73/5 based on 560 reviews |
Almost 80% of HFM reviews on TrustPilot are positive (4-star and 5-star).
Conclusion and Final Words
HFM EU provides access to 8 asset classes, including 50+ Forex pairs and 12 ETFs. It accepts Neteller and Skrill deposits with a minimum required amount of $50.
The HFM EU broker is a part of HF Markets Group, regulated by entities like FCA, DFSA, and FSA, with a TrustPilot score of 4.4.
