HFM (formerly HotForex) is a globally acclaimed trading platform established in 2010, offering access to a wide range of financial markets, including forex, commodities, indices, stocks, and cryptocurrencies. Known for its competitive trading conditions, including low spreads and flexible leverage, HFM is designed to accommodate both beginner and professional traders.
Outstanding ingredients
Up to now, HFM has received more than 35 different awards and titles. Especially receiving the trust of the majority of customers with more than 2 million accounts opened. Most participants evaluated HFM floors with a positive and satisfied attitude.
HFM has received many large and small awards, including recognition from leading units and financial institutions in the world:
- Entered the list of top 100 Global Companies in World Finance
- Best trading account globally
- Award for best Forex stock environment in 2023
- Award for Best Online Trading Application
- Best trading platform award
- Global Best Suburban Environmentalist Award 2022
- Best Forex Introducing Broker Provider
- Best except trading application according to International Finance Financial Magazine.
Operating license
HFM owns 7 operating licenses. These licenses are provided by large, competent authorities everywhere, including top valuable and reputable licenses such as FCA or CySEC, specifically:
- HFM (SV) Ltd: Issued by FSA SVG with registration number 22747 IBC 2015
- HFM (SV) Ltd: Issued by FSC (Mauritius) with registration number C110008214
- HFM SA (PTY) Ltd: Issued by FSCA (South Africa) with registration number 46632
- HFM (Europe) HF Markets (Seychelles) Ltd: Issued by FSA (Seychelles) with registration number SD015
- HFM (DIFC) Ltd: Issued by DFSA (Dubai) with registration number F004885
- HFM (UK) Limited: Issued by FCA (UK) with registration number 801701
- Ltd: Issued by CySEC (Cyprus) with registration number 183/12
Security and Reliability of the HFM Platform
Privacy policy
HFM has an extremely strict security policy, which has helped create trust and credibility in the eyes of traders around the world. Even many policies on HFM have never been implemented by any competitors in the market.
- HF Markets is regulated by the European Union’s Markets in Financial Instruments Directive (MiFID).
- Payment Protection and Data Security HF Markets (Europe) Ltd t/a HF Markets does not receive and/or store any personal credit card or payment details. All transactions are processed and protected by independent international payment gateways that are PCI-DSS level 1 certified.
HFM Compensation Fund
One of the factors that makes HFM stand out is their compensation fund, which protects traders in the event of financial problems or disputes. Information about HFM’s compensation fund:
- Financial Compensation Fund: HFM has a financial compensation fund to protect its customers in case the floor cannot repay debts or a financial incident occurs. The fund is generally regulated and supervised by the financial authorities to which HFM complies, such as the Financial Services Authority of Seychelles (FSA) and the Financial Conduct Authority of the Republic of Cyprus (CySEC).
- Compensation Level: Compensation level depends on the region in which HFM’s customers are operating and the regulations of the regulatory agency. Typically, compensation funds can partially reimburse customers’ investments in case the exchange cannot meet its financial obligations. Compensation can range from 20,000 EUR to 50,000 EUR for customers in the European region, depending on each country’s regulations.
- Ensuring Customer Rights: HFM is committed to complying with regulations on protecting customer rights, including participating in these financial protection systems. This ensures that if a problem arises from the exchange side, customers will be protected appropriately and quickly.
Outstanding features of the HFM platform
Wide Range of Trading Instruments
HFM offers a wide range of trading instruments, providing traders with ample opportunities to diversify their portfolios and explore various markets. In addition to the core forex pairs, traders can access a variety of commodities, including gold, silver, oil, and natural gas.
This diversity allows traders to take advantage of different market conditions, whether they prefer trading with traditional forex or want to tap into the volatility of commodity markets. By offering a comprehensive selection of assets, HFM caters to traders with different risk profiles and trading strategies.
Competitive Spreads and Low Fees
HFM offers competitive spreads, which are crucial for traders looking to minimize their trading costs. The spreads on popular currency pairs like EUR/USD, GBP/USD, and USD/JPY are particularly tight, allowing traders to enter and exit positions with minimal cost. This is especially beneficial for active traders who engage in high-frequency trading, as even small differences in spread can significantly impact profitability.
Additionally, HFM’s Zero Spread account offers spreads of 0 pips, making it an excellent choice for traders who prefer ultra-tight spreads for scalping or other short-term strategies.
Advanced Trading Platforms
HFM provides its clients with access to two of the most widely used and trusted trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms offer advanced charting and analytical tools that allow traders to analyze market trends, identify opportunities, and make informed trading decisions.
With a wide variety of indicators, timeframes, and chart types, MT4 and MT5 cater to the needs of both novice and experienced traders. The platforms also support automated trading, allowing traders to implement expert advisors (EAs) to automate their strategies and improve trading efficiency.
Educational Resources
HFM offers a comprehensive range of educational resources designed to help traders of all experience levels improve their trading skills and knowledge. The platform provides a variety of learning materials, including detailed guides, eBooks, and video tutorials. These resources cover fundamental concepts such as market analysis, risk management, and technical indicators, as well as advanced strategies for more experienced traders.
By offering accessible, in-depth content, HFM ensures that traders have the tools they need to enhance their trading decisions and strategies.
Deposit and Withdrawal Options
HFM offers a wide range of deposit and withdrawal options to ensure convenience and flexibility for traders worldwide. The platform supports various payment methods, including credit/debit cards (Visa, MasterCard), bank transfers, and popular e-wallets like Skrill, Neteller, and WebMoney. These options allow traders to choose the method that best suits their needs, whether they prefer the instant processing times of e-wallets or the reliability of traditional bank transfers.
Additionally, HFM supports several local payment methods in various countries, making it easier for traders in different regions to fund their accounts and withdraw their earnings.
Types of accounts on HFM
Cent accounts
Cent accounts are an excellent choice for novice traders who want to put their trading skills to the test and learn the dynamics of the real market – all while not investing too much of their trading funds.
Accounts | Cent |
Minimum deposit | $0 |
Spread³ | From 1.2 pip |
Commission | No |
Maximum leverage | 1:2000 |
Instruments | Forex, Gold |
Zero accounts
With no minimum opening deposit and leverage up to 1:2000, the Zero account is an accessible, swap free, low-cost trading solution that is suitable for all traders.
Accounts | Zero |
Minimum deposit | $0 |
Spread³ | From 0 on Forex |
Commission | Yes |
Maximum leverage | 1:2000 |
Instruments | All Available |
Pro accounts
With ultra-low spreads, leverage up to 1:2000 and no commissions, the swap free Pro account is developed to suit the needs of a more experienced trader who wants to take their trading to the next level.
Accounts | Pro |
Minimum deposit | $100/ €100 |
Spread³ | From 0.6 pip |
Commission | No |
Maximum leverage | 1:2000 |
Instruments | All Available |
Premium accounts
Premium account is for retail traders who are looking for swap free trading with no minimum deposit and no commission.
Accounts | Premium |
Minimum deposit | $0/ €0 |
Spread³ | From 1.2 pip |
Commission | No |
Maximum leverage | 1:2000 |
Instruments | All Available |
Types of platforms on Exness
MetaTrader 4
- Over 50 indicators and tools
- 9 different timeframes
- One click trading
- User-friendly interface
- Pre-programmed analytical tools
- Multiple pending order types
MetaTrader 5
- Over 80 indicators and tools
- 21 different timeframes
- One click trading
- Built-in economic calendar
- Ability to display 100 charts simultaneously
- All order types supported
- Hedging allowed
HFM Platform Apps
- Open, close and modify positions.
- Securely access and manage multiple accounts.
- Add instruments to your Favourites to seize market opportunities.
- Make more informed trading decisions with charting tools and popular indicators.
- Get real-time quotes and market-moving news.
- Access 24/5 multilingual support.
Instructions for trading on Exness
Instructions for opening an HFM account
How to Deposit
Conclusion
HFM stands out as a reliable and comprehensive trading platform, offering a perfect balance of advanced tools, competitive trading conditions, and top-tier security. With a wide range of trading instruments, tight spreads, and low fees, traders can maximize their profit potential while minimizing costs.
Choosing HFM means partnering with a globally trusted broker dedicated to helping traders succeed in the dynamic world of financial markets.