Pros and Cons
Pros
- Maximize Profits With High Leverage
- Diverse Inclusive Trading Preferences
- Minimize Costs With Zero Spreads
- $0 Deposit for Accessibility
- 500+ Tradable Assets
Cons
- Limited Global Access
Recommended For
HFM caters to a wide spectrum of traders, spanning geographies and expertise levels. It particularly benefits traders in regions where local currency support isn’t essential. Novices appreciate the $0 minimum deposit, enabling risk-free entry. Advanced traders benefit from the robust 1:2000 leverage. The absence of commissions on most accounts makes it cost-effective. Additionally, HFM’s educational tools foster knowledge growth, making it a suitable platform for both beginners and experienced traders, fostering a dynamic and inclusive trading environment.
Regulated By
- The Financial Conduct Authority (FCA) UK
- Cyprus Securities and Exchange Commission (CySEC) Cyprus
- Dubai Financial Services Authority (DFSA) United Arab Emirates
- Financial Services Commission (FSC) Mauritius
- Financial Services Authority (FSA) Saint Vincent and the Grenadines
- FSCA – Financial Sector Conduct Authority (FSCA) South Africa (License number: 46632)
- Capital Markets Authority (CMA) Kenya (License number: 155)
Top Features
- High 1:2000 Leverage: Amplify trading potential significantly.
- Zero Spreads: Minimize trading costs, maximizing profits.
- Educational Resources: Extensive tools aiding skill enhancement including webinars, Facebook live shows, and daily technical analysis in Vietnamese
- Diverse Account Options: Tailored accounts for varied trading needs.
- Wide Asset Range: Over 500 assets including forex, stocks, and cryptocurrencies, offering diverse investment opportunities.
Overview
-
Type of Broker
Market Maker -
Regulation & Licensing
The Financial Conduct Authority (FCA) UK, Cyprus Securities and Exchange Commission (CySEC) Cyprus, Dubai Financial Services Authority (DFSA) United Arab Emirates, Financial Services Commission (FSC) Mauritius, Financial Services Authority (FSA) Saint Vincent and the Grenadines, FSCA – Financial Sector Conduct Authority (FSCA) South Africa, Capital Markets Authority (CMA) Kenya -
Clients Accepted from
180+ Countries -
Assets Offered
Forex, Metals, Energies, Indices, Stocks, Commodities, Bonds, ETFs, Cryptocurrencies -
Platforms Available
HFM Platform, MT4, MT5, Web Terminal, Multi Terminal -
Mobile Compatibility
iOS, Android -
Payment Types Accepted
WIRE Transfer, VISA, Mastercard, Crypto, Fastpay, Neteller, Skrill, bitpay, PayRedeem, Local Bank Transfer, Local E-Wallets (Momo Wallet, Nganluong)
Account Types
Premium |
Cent |
Zero |
Pro |
HFM Copy Trading |
|
Features |
Zero Commissions |
Trade in Cents |
Zero Spreads |
Low Spreads |
Follows signal providers and strategies beyond their countries (regardless of regulation) |
Account Currencies |
USD, EUR, NGN, JPY |
USC |
USD, EUR, NGN, JPY |
USD, EUR, NGN, JPY |
USD |
Available Leverage |
1:2000 |
1:2000 |
1:2000 |
1:2000 |
1:500 |
Commission Per Trade |
$0 |
$0 |
Currency Pairs: From $0.03 to $6 Gold: From $0.07 to $14 |
$0 |
$0 |
Decimal Pricing |
0.00001 |
0.00001 |
0.00001 |
0.00001 |
0.00001 |
Trading Instruments |
CFD on Forex, Metals, Energies, Indices, Stocks, Bonds, Commodities, ETFs, and Cryptocurrencies |
Forex, Gold |
CFD on Forex, Metals, Energies, Indices, Stocks, Bonds, Commodities, ETFs, and Cryptocurrencies |
CFD on Forex, Metals, Energies, Indices, Stocks, Bonds, Commodities, ETFs, and Cryptocurrencies |
Forex, Indices Spot, Gold, Energies Spot |
Min. Lot Size Per Trade |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
Spreads |
1.2 |
1.2 |
From 0 on forex |
0.5 |
From 0.5 |
Swap/Rollover Fee |
No |
No |
No |
No |
No |
Copy Trading Support |
Yes |
Yes |
Yes |
Yes |
Yes |
Trading Platforms
- HFM Platform
- MetaTrader4 (MT4)
- MetaTrader5 (MT5)
- Web Terminal
- Multi Terminal
Trading and Investment Tools
-
One Click Trading
Yes -
Trade off Charts
Yes -
Email Alerts
Yes -
Mobile Alerts
Yes -
Stop Order
Yes -
Market Order
Yes -
Trailing Stop Order
Yes -
OCO Orders
No -
Limit Order
Yes -
24hr Trading
Yes -
Charting Package
Yes -
Streaming News Feed
Yes
Compliance & Regulation
HFM is under stringent oversight, ensuring a secure trading environment. Regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and many others, HFM adheres to rigorous regulatory standards, providing traders with confidence in its legitimacy and transparency.
Fees & Commissions
-
Margin Interest
0.0005
Pricing
HFM positions itself as a competitive player in the market, offering a compelling proposition to traders. With zero spreads on selected accounts and a $0 minimum deposit requirement, HFM provides cost-effective trading options, making it an attractive choice for budget-conscious traders seeking value for their investments.
Service Details
-
Supported Languages
English, Vietnamese, Chinese, Arabic, Thai, Indonesian, Filipino, French, Italian, Portuguese, Spanish, Urdu, Hindi, Russian, Malay, Japanese, Greek, Deutsch, Turkish, Polish, Bulgarian, Korean, Bengali -
Customer Service By
Live Support -
Customer Service Hours
24/5 -
Email Response Time
Within Hours -
Telephone Orders
Yes -
Personal Account Manager
Yes
Reliability & Security
HFM prioritizes user security through a combination of measures. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security. Additionally, compliance with FCA and CySEC regulations underscores their commitment to creating a reliable and secure trading environment for users.
User Experience
HFM delivers an exceptional user experience. Its website features an intuitive design, ensuring seamless navigation. The platform, coupled with excellent customer support, is known for its efficiency. Traders appreciate the hassle-free account opening process, reflecting HFM’s commitment to user convenience and satisfaction.
Final Thoughts
In summary, HFM emerges as a robust contender in the online trading sphere. With high leverage, diverse assets, and zero spreads, it caters to a broad audience, from beginners to experts. While limited local currency support and specific regional restrictions pose challenges, HFM’s innovative approach, strong regulatory compliance, and user-centric design make it a noteworthy choice for traders seeking a dynamic, reliable, and cost-effective trading experience.
Contact Info
Company Address:
Spyrou Kyprianou 50, Irida 3 Tower, Larnaca 6057 – Cyprus
FAQs
Q: Is HFM suitable for beginners with limited trading experience?
A: Yes, HFM’s user-friendly interface, educational resources, and zero minimum deposit make it an excellent choice for novice traders, offering a supportive environment for learning and growth.
Q: Does HFM offer demo accounts for practice trading?
A: Yes, HFM provides free demo accounts, allowing traders to practice and familiarize themselves with the platform’s features without risking real funds, facilitating a risk-free learning experience.