HFM has reintroduced cryptocurrency trading, likely due to the popularity of the asset. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices.
- Founded in 2010, HFM (HF Markets) has established itself as a global broker offering trading services across multiple asset classes.
- However, as with any broker, experiences vary, and prospective clients should conduct their own due diligence.
- Since our founding in 2010, we have become a leading global trading platform, empowering traders in 180 countries to access financial markets with confidence and ease.Our dedication to trust and transparency sets us apart as a trusted partner in the industry.
- This is alongside an excellent range of trading instruments, including popular international stocks.
- HFM offers five market execution accounts, three of which are standard trading accounts.
- Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…
Minor currency pairs cost more, as commissions increase to $8.00, which extends to equity trading and other non-gold assets. The commission-based alternative is more competitive, with raw spreads of 0.0 pips for a commission of $6.00 per lot on major currency pairs. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using… Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Join the conversation and discover insights that can help you navigate the exciting world of currency trading.
HFM (formerly HotForex) continues to maintain its position as a reputable multi-asset broker in 2026. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Currency trading on margin involves high risk, and is not suitable for all investors.
How much does HFM charge for withdrawals?
Any data and information are provided “as is” and only for information purpose, not for trading or recommendations. It is more convenient and faster to find brokers and complain HFM appears to be a legitimate and regulated broker with competitive trading conditions. However, as with any broker, experiences vary, and prospective clients should conduct their own due diligence. This multi-jurisdictional approach offers clients different levels of protection based on their region, with the strongest protections coming from Tier-1 regulators like the FCA and CySEC. The broker operates under several regulatory licenses, providing varying levels of protection depending on the entity clients are registered with.
HFM offers five market execution accounts, three of which are standard trading accounts. Since our founding in 2010, we have become a leading global trading platform, empowering traders in 180 countries to access financial markets with confidence and ease.Our dedication to trust and transparency sets us apart as a trusted partner in the industry. The timing of HFM trading fees varies, where spreads apply instantly when a trader opens a position. Despite being significantly less frequent than trading fees, traders should know about them to avoid confusion. HFM trading fees apply to each transaction and are asset and account type dependent.
Available Assets and Leverage
A $2.00 per lot rebate bonus exists, lowering final trading fees for active traders, but an $8,000 maximum exists. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape. Explore the best Forex brokers for beginners, with user-friendly platforms, educational resources, and demo accounts. To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. HFM’s research and market analysis is divided into three main sections, each of which provides a specialised benefit for traders looking for market insight and trading opportunities.
- A volume-based rebate program lowers costs by up to $2.00 per round lot, making it an attractive choice for high-volume traders.
- The MT5 mobile app supports live and demo accounts with full charting tools, pending and market orders, multiple indicators, timeframe analysis, and account overview.
- Non-trading fees are charged against account transactions other than trading, like deposits, withdrawals, and inactivity.
The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry. Traders must consider potential third-party and currency conversion costs. HFM withdrawals are free, except for a 1% fee on BitPay transactions. A volume-based rebate program lowers costs by up to $2.00 per round lot, making it an attractive choice for high-volume traders.
Our receipt of such compensation shall not be construed as an endorsement or recommendation by FxScouts Group, nor shall it bias influence our reviews, analysis, and opinions. LunarCapital review While some data may be verified by industry participants, FxScouts maintains full editorial independence and never allows third parties any control over our work. FxScouts Group’s primary mission to provide unbiased and objective reviews, commentary, and analysis. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content. Get ready to stay ahead of the curve with our regular updates designed to help you make informed trading decisions.
Award-winning customer service and a client-focused approach to business mean that beginner traders at HFM can rely on excellent support. With new stories every few minutes, 24/5, this is an excellent resource for traders using all types of strategies. Overall, the quality of the educational content is very high, and HFM obviously does its best to educate beginner traders. These webinars do not require an account at HFM, but you will need to register
HFM’s Trading Instruments
While this tool is free, traders must have deposited at least 100 USD and made closed trades worth 10 lots or more in the previous two months. We were also able to access the HFM podcast; generally published mid-week, this is a detailed look at recent market movements and a look ahead to potential market-impacting events. From here, we were able to access monthly and quarterly outlooks, video analysis, special reports, and intraday charts. The focus is a market news blog, split between fundamental and technical analysis, and trader education.
Our analysis covers the broker’s legitimacy, regulatory status, trading conditions, and the veracity of claims regarding this specific partner code. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. HFM’s terms and conditions note currency conversion fees at reasonable exchange rates, which fluctuate continuously. Knowing the HFM fees will help traders understand what they must pay, why they must pay, and how those costs fare against competitors.
Swap rapes on leveraged overnight positions are also competitive, and non-trading fees remain confined to inactivity costs. It has earned a reputation as a trusted and secure broker, as evident by 3,500,000+ live trading accounts. There is no internal HFM withdrawal fee, except for a 1% charge in BitPay transactions, but traders should consider third-party processing fees and potential currency conversion charges by payment processors. Non-supported currency deposits result in currency conversion fees. HFM levies currency conversion fees if the asset currency differs from the account base currency, for example, buying a Euro-denominated asset in a US Dollar account.
Founded in 2010, HFM (HF Markets) has established itself as a global broker offering trading services across multiple asset classes. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. We work hard to offer you valuable information about all of the brokers that we review. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency.
Users can manage multiple MT4, MT5, and HFcopy accounts in one place. Copy trading is available on MT4 and HFM’s web platform, and each HFcopy account can follow one provider at a time. All accounts are compatible with MT4, MT5, WebTrader, and HFM’s proprietary platform. HFM has a larger number and wider range of assets to trade than most other CFD brokers. HFM supports the MT4 and MT5 platforms in addition to its own mobile HFM Trading App, which allows clients to trade from charts and make deposits and withdrawals.
Overview of HFM Fees and Charges
HFM trading fees are spreads, commissions, swap rates, and currency conversion fees. Four of its six standard accounts have no minimum deposit https://lunarcapital.vip/ requirements and have competitive trading fees. While the commission-free HFM pricing environment average, clients who trade major currency pairs in the commission-based alternative achieve more competitive trading fees.
Payment Options and Withdrawal Times
This plugin for MT4 and MT5 provides sentiment and volatility analysis from an insight engine that applies big data AI to millions of news articles and live trading positions. Overall, we found that the analysis provided by HFM’s experts is detailed and accurate and is on par with the in-house research provided by other large international Forex brokers. This is unusual in the industry, as while most brokers will try to educate beginners, traders with more experience are often underserved. HFM offers an excellent range of trading tools, including Autochartist, a free VPS service, and a set of Premium Trading Tools. Additionally, traders prefer MT5 for its depth of market display, additional technical indicators (38 as opposed to 30 on MT4), and analytical tools.
Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience. Join us today and be part of the future of online trading.HF Markets Holdings Ltd is the holding company of HF Markets (UK) Ltd, HF Markets (DIFC) Ltd, HF Markets (Europe) Ltd, HF Markets SA (PTY) Ltd, HF Markets (Seychelles) Ltd and HFM Investments Ltd. The data contained in this website may not be real-time and accurate. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. FX trading is of high risk and may not be suitable for all investors.
HFM (formerly known as HotForex) is a well-known international broker with six standard accounts and one specialised copy trading account. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions. Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. The Zero Spread account has commissions between $6.00 and $8.00 per 1.0 standard round lot for access to raw spread trading.
FxScouts is committed to ensuring protection of all personal information that we hold, and to provide and to protect all such data. Don’t miss out on our weekly newsletter to further enhance your trading success. Tune in to “Let’s Talk Forex,” a podcast designed for traders of all levels. The radar chart to the left shows how important each category is when calculating a broker’s final score. We ensure transparency by incorporating regulator data and user insights.
HFM also offers support for MT4 MultiTerminal, providing a convenient method of managing multiple accounts simultaneously from a single interface. For MT4 users, the MT4 mobile app offers classic real-time charting, technical indicators, automated trading via EAs, and order management (market, limit, stop). Select another broker to another broker to compare features, fees, and platforms side by side. It also has several excellent trading tools to assist traders further.
Premium Trader Tools
We’ve tested hundreds of Forex brokers to find the safest, low-cost, and reliable brokers. Check out these other guides to enhance your forex trading knowledge and skills. Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We found that HFM’s customer support is better than most other brokers.
Financial Services
HFM offers the standard version of MT4, which has 24 graphical objects and 30 built-in indicators. Traders can use the HFM proprietary mobile app, available for both iOS and Android, alongside access to MetaTrader 4 (MT4)and MetaTrader 5 (MT5) mobile platforms. It also offers MT4 and MT5 mobile apps, all available on both Android and iOS. Followers need a minimum deposit of USD 25, while Strategy Providers must deposit between USD 100–500. Each account is designed to serve a different type of trader—from beginners using micro-lots to experienced professionals and passive investors. This is alongside an excellent range of trading instruments, including popular international stocks.
Customer Service Representative jobs
HFM, founded in 2010, segregates client deposits from corporate funds and offers negative balance protection on leveraged trades. Swap rates are the most ignored trading costs, but they may become the most significant fee per trade, dependent on the trading strategy. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Holding over 16 years of experience in global financial markets, and 4 B.A.
Financial Controller jobs
While all these tools are provided free, we were disappointed that traders are required to make a substantial deposit before access is provided. While MT4 and MT5 are both excellent trading platforms, many other CFD brokers also offer their own web-based platforms, which tend to be easier to use for beginner traders. This account combines raw spreads starting at 0.2 pips with a commission charge, and requires a minimum deposit of USD 250. This account requires no minimum deposit, allows trading with micro-lots, and has spreads starting from 1.2 pips. We could immediately deposit funds into our accounts, but our accounts were only ready for trading after two days. HFM offers six account types, which is more than most other brokers.
