HFM Broker Review 2026: Partner Code Analysis

HFM provides 24/5 customer support via live chat, phone, and email. Over 30 trading courses are accessible to registered users, suitable for all levels. Yes, Islamic or swap-free accounts are available on all HFM account types except Premium. To open a live account with HFM, visit the official website and click on “Register.” Fill in your details including email, country, and password, then verify your email.

Supported Platforms

Minimum Deposit The minimum deposit at HFM is between $0 and $100, depending on the account type. They are a statement of the ongoing efforts by HFM to Lunar Capital forex broker maintain a competitive edge for its clients. HFM’s free webinars also enhance the overall approach to educating beginner traders. The HFM Trader’s Board has data on how HFM clients trade and a lucrative partnership program is also available.

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How to turn $100 into 500?

  1. “ Find" Money and Increase Your Savings Contributions.
  2. Create a Designated Savings Account.
  3. Take an Interest in Your Interest Earnings.
  4. Rethink Your Risk Quotient.
  5. Invest in Yourself.

The VPS service is only available to traders using the MT4 platform. VPS services ensure trades are never disrupted by technological or connectivity issues, such as load-shedding or internet service failure. Overall, HFM provides a good selection of third-party platforms but lacks its own in-house trading platforms, which are usually more user-friendly.

72.90% of retail investor accounts lose money when trading CFDs with HFM. Trading Forex is risky, and each broker must detail how risky the trading of Forex CFDs is to clients. To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. Award-winning customer service and a client-focused approach to business mean that beginner traders at HFM can rely on excellent support. 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. 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.

How does HFM support client education?

The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” HFM offers a comprehensive educational suite that includes video courses, webinars, PDF guides, daily market analysis, and recorded lessons. The company offers a comprehensive suite of educational resources designed to cater to traders of all experience levels. Reliable and fast withdrawals, competitive trading conditions, user-friendly platforms, and educational resources are the key points of positive feedback.

Beginner traders get a well-thought-out introduction to trading and high-quality research, and advanced traders benefit from a trading environment supportive of manual, algorithmic, social, and copy trading. Negative balance protection ensures traders cannot lose more than their deposit, but they must deploy proper risk management to avoid magnified trading losses. Certain products & services may or may not be available to all clients depending on which HFM Group entity their trading account(s) adheres to. 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. US residents may open trading accounts at cashbackforexusa.com. Like most brokers, they charge triple swaps on Wednesdays to account for the weekend when markets are closed.

Regulation is the most important consideration when choosing a broker. The radar chart to the left shows how important each category is when calculating a broker’s final score. Support is available 24/5 in over 27 languages via email, live chat, and telephone. These webinars do not require an account at HFM, but you will need to register Webinars on current events, advanced trading strategies, and risk and money management are run every few days.

  • This may impact how, where and which companies / services we review and write about.
  • Having been around since 2010, they’ve built a significant global presence and are generally seen as a reliable broker.
  • The company provides negative balance protection for its clients.

What is the minimum deposit for HF Markets?

  • Overall, the HFM maximum leverage ranks among the most generous ones, providing traders with a potential edge.
  • Our analysis covers the broker’s legitimacy, regulatory status, trading conditions, and the veracity of claims regarding this specific partner code.
  • These are tailored for clients following Shariah law and exclude interest-based rollover charges.
  • Toll-free local phone numbers and email addresses give clients direct, free access to quality customer service in their language.
  • US residents may open trading accounts at cashbackforexusa.com.
  • As a regulated broker, HFM ensures that all Anti-Money Laundering rules and regulations are followed.

Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. You must be aware of the risks of investing and be willing to accept them in order to trade. High leverage can work against you as well as for you. HFM generally states they don’t charge fees for deposits or withdrawals. See the table for typical deposit times and base currencies.

HFM Broker Review

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Forex News

HFM (formerly HotForex) continues to maintain its position as a reputable multi-asset broker in 2026.

Use the live symbol search tool above to see exactly what’s available right now, based on data from live accounts. HFM provides a broad range of markets to trade, mostly through CFDs. Users often highlight the variety of account types available (like Premium or Zero Spread) and find the trading platforms reliable with good execution speeds. We analyse the total cost using real data from live accounts to see how they compare.

Market Analysis

The broker has four main account offerings, including Cent, Zero, Pro, and Premium. The broker provides a copy trading service and a PAMM program. Yes, both MetaTrader 4 and MetaTrader 5 are available for traders. The minimum deposit varies by account type, starting from $0. It’s important to note that individual experiences can vary, and traders should always conduct their due diligence. However, there are some reports of account suspension issues, occasional technical glitches, and withholding of clients’ money.

What are the disadvantages of using HFM?

The cons of trading with HFM

The primary drawback of this broker is its restricted access to trading markets. More seasoned traders may find this to be too restrictive with a cap of slightly over 100.

Clients are not charged for deposits or withdrawals, regardless of the method used. It’s important to note that spreads can widen during low liquidity or high market volatility. For HFM verification, once your application is submitted, the broker will review it and request additional documentation for verification purposes. Once completed, your account setup is finalized. Then, agree to the broker’s https://lunarcapital.net/ terms to proceed.

We work hard to offer you valuable information about all of the brokers that we review. Currency trading on margin involves high risk, and is not suitable for all investors. The minimum deposit is $5 for most payment processors, except for Skrill, SGD wire transfers, and PayRedeem, where it is $10, and bank wires, which require $100. The only application form typically takes less than 20 seconds to complete, asking for country of residence, e-mail, and the desired password, which grants access to the myHF back office. A direct line to the finance department where most issues may arise is missing, but phone support exists.

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. While HFM does offer various promotions, these are typically available to all eligible clients rather than being exclusive to specific partner codes. HFM is a legitimate and well-regulated broker with a strong track record in the industry.

How can I open a live trading account with HFM?

The broker also offers a PAMM account program, in which you can become a Fund manager or an investor and earn money from successful trades. According to the data provided on the broker’s official website, there is a swap-free tradingoption available for select trading accounts and instruments. The broker offers competitive pricing across its various account types. The broker offers a selection of popular and advanced trading solutions, including MetaTrader 4 & MetaTrader 5, to cater to different trader preferences and needs.

Overall, the quality of the educational content is very high, and HFM obviously does its best to educate beginner traders. Video tutorials are available without registration, and these cover introductory concepts, Metatrader tutorials, trading strategies, and lessons in economic theory. HFM has a competent in-house research team that produces high-quality and useful market analysis materials. Traders in Malaysia will have to pay currency conversion fees on both deposits and withdrawals, which can make trading expensive. HFM charges no fees for deposits and withdrawals, but withdrawals via credit and debit cards take up to 10 days to be processed, which is painfully slow compared to other brokers.

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