HFM

CFD / Forex BrokerFounded 2010Larnaca, Cyprus

Reviewed September 5, 2026

HFM is a solid MetaTrader-first broker for retail Forex and CFD traders who want multiple account types, copy trading, useful MetaTrader plugins and broad international coverage. Its MT4 and MT5 environment is the core attraction, with FX Blue Premium Trader tools, Autochartist, VPS support and a proprietary copy trading service adding value for active users.

Strengths & Limitations

Strengths

  • Multi-entity and multi-regulator broker
  • Strong MetaTrader 4 and MetaTrader 5 offering
  • Integrated copy trading platform
  • Minimum deposit from $0 on selected accounts
  • Islamic swap-free accounts available

Limitations

  • EUR/USD pricing on the Pro account is not among the cheapest
  • No cTrader platform
  • No TradingView platform
  • Business terms restrict certain scalping and arbitrage strategies

Category Scores

Regulation Safety8.4
Trading Costs7.7
Platforms Technology8.2
Asset Coverage7.7
Trading Conditions7.8
Tools Resources8.5
Customer Support8.4
User Experience8.0
Account Opening8.0

Broker Overview

HFM (HF Markets) is a multi-entity CFD and Forex broker founded in 2010, offering MetaTrader 4 and MetaTrader 5 as its core trading platforms alongside a proprietary mobile trading app and integrated copy trading. The broker provides around 344 tradeable symbols through the broadest jurisdictional MT5 offering reviewed, including Forex, Gold, other commodities, indices, stock CFDs, ETFs, bonds and cryptocurrencies.

Markets

ForexGoldIndicesStocksETFsCryptocurrency CFDs

Available Regions

EuropeAsia-PacificMiddle EastAfricaLatin America

Regulation & Safety

HFM operates through multiple entities and maintains regulatory coverage across several jurisdictions. Its regulatory network includes Tier-1 authorities such as the FCA and EU regulatory oversight through MiFID-related arrangements, alongside regional regulators serving clients in markets such as South Africa and Kenya.

Regulators

Name
FCA
Status
Yes
Tier
top
Name
CySEC
Status
Yes
Tier
standard
Name
FSCA
Status
Yes
Tier
standard
Name
CMA Kenya
Status
Yes
Tier
standard

Trading Costs

HFM provides several pricing structures, from the zero-minimum-deposit Premium account to commission-based Zero pricing designed for more active traders. The Pro account produced an average EUR/USD spread of approximately 1.8 pips in testing, which is competitive enough for mainstream traders but not among the cheapest available.

Minimum deposit
$0
Commission model
Premium and Pro accounts are spread-based; the Zero account offers raw-style spreads with a separate commission
Overnight fee
Overnight swap/rollover charges apply to positions held open past the trading day; rates vary by instrument and account type
Inactivity fee
$5 per month after 6 months of inactivity, increasing to $10 per month after 1 year and by a further $10 each additional year

Platforms & Technology

HFM is primarily a MetaTrader broker. MT4 and MT5 are available across desktop, web and mobile, and the broker enhances them with the FX Blue-powered Premium Trader suite, Autochartist and other plugins.

Platforms

HFM App(available)MT4(available)MT5(available)

Features

  • FX Blue Premium Trader plugin suite
  • Autochartist
  • VPS support
  • Expert Advisors
  • One-click trading

Availability

Desktop Windows(available)Desktop Mac(available)Web(available)Android(available)Ios(available)

Asset Coverage

HFM provides a reasonable multi-asset CFD range, with approximately 344 tradeable symbols on the broadest MT5 offering reviewed. The catalog includes 38 Forex pairs, stock CFDs, indices, commodities, ETFs, cryptocurrencies and bonds.

Available assets

Forex
Available
Commodities
Available
Indices
Available
Stocks
Available
Etfs
Available
Cryptocurrencies
Available
Bonds
Available
Options
No
Futures
No

Trading Conditions & Tools

Trading conditions

Overview
HFM offers multiple account structures that accommodate different trading approaches, from small-account Cent trading to commission-based Zero pricing. MT4 and MT5 support Expert Advisors, Strategy Tester workflows and automated trading.
Execution
Suitable For
Day tradersSwing tradersAlgorithmic tradersCopy tradersPosition traders

Tools & resources

Overview
HFM has a useful supporting ecosystem around MetaTrader. Traders receive access to FX Blue Premium Trader tools, Autochartist, Advanced Insights, an FxStreet-powered economic calendar and news feed, client sentiment information, signals and an integrated copy trading platform.
Tools
FX Blue Premium Trader toolsAutochartist and Advanced InsightsFxStreet news and economic calendarIntegrated copy tradingClient sentiment and trading signals

Support & Account Opening

Customer support

Overview
HFM maintains a large international support infrastructure and provides multilingual assistance across the regions in which its entities operate. Its global partner network and client-facing services are built to serve a broad retail audience.
Channels
Live chatEmailPhone

Account opening

Overview
HFM offers accessible digital account opening across multiple account types, with a minimum deposit as low as $0 on the Premium account and demo accounts available to test the platform before funding a live account.
Process
RegistrationIdentity verificationDocument submissionAccount approvalFunding

User Experience

HFM offers a straightforward user experience centered around familiar MetaTrader platforms and a modern proprietary mobile application. The range of account types gives traders flexibility, while the client portal integrates account management, funding, copy trading and educational resources.

Demo account
Available
Mobile trading
Available

Trader Compatibility

Forex Trader8.3
Gold Trader8.5
Scalper7.0
Ea Algorithmic Trader7.2
Beginner Trader8.5
Crypto Trader7.2
Multi Asset Cfd Trader7.6

Who It's For

Best for

  • Forex traders
  • Gold traders
  • Beginner traders
  • Copy traders
  • Islamic traders

Not recommended for

  • Aggressive scalpers seeking the lowest possible costs
  • Traders who need cTrader
  • Options and futures traders

Final Review

Overall, TraderZone rates HFM at 8.1/10. It is a good all-round MetaTrader broker for Forex, Gold, beginners and copy traders, particularly in regions where HFM has a strong international retail presence.

8.1/ 10
HFM rating

Trading carries risk. Review the broker’s current terms directly before opening an account. This page is informational and not financial advice.