HFM — Formerly HotForex; popular in Africa, MENA and Asia for high leverage, cent accounts and a large IB network.
HFM at a glance
| Founded | 2010 |
|---|---|
| Headquarters | Larnaca, Cyprus |
| Regulation | CySEC, FCA, DFSA, FSCA, FSA Seychelles, FSC Mauritius, CMA Kenya |
| Min deposit | $0 |
| EUR/USD spread | 1.2 Premium / 0.0-0.2 + $3/side Zero |
| Max leverage | 1:30 EU/UK, up to 1:2000 offshore |
| Platforms | MT4, MT5, HFM App, HFcopy |
| Instruments | forex, metals, energies, indices, shares, bonds, ETFs, crypto CFDs |
| US clients | Not accepted |
| WebTrader score | 70 / 100 |
Our verdict
HFM scores in our ranking, which weights regulatory strength and execution quality first. Verify current conditions on the official site — spreads and leverage vary by entity and region.
Open a HFM account
Trade with a regulated broker — check the latest offer before funding.
Disclosure: WebTrader may earn a commission when you open an account through links on this page, at no extra cost to you. This supports our independent research.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70-80% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money. Nothing on this site is investment advice.