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Abstract:HFM, a trading name of HF Markets Group, founded in 2010, is a financial broker that provides both individual and institutional clients with online trading services. HFM has been headquartered in Cyprus but serves several global offices in Dubai, South Africa, and offshore entities in St Vincent and the Grenadines under respective regulatory authorities.
HFM, a trading name of HF Markets Group, founded in 2010, is a financial broker that provides both individual and institutional clients with online trading services. HFM has been headquartered in Cyprus but serves several global offices in Dubai, South Africa, and offshore entities in St Vincent and the Grenadines under respective regulatory authorities.
Regulation
HF Markets (Europe) Ltd is regulated by Cyprus Securities and Exchange Commission - CySEC, with regulatory license number 183/12, and regulated by CNMV under license number 3427
HF Markets (UK) Limited, its UK entity, under the regulation of the Financial Conduct Authority - FCA in the UK (license number 801701)
HF Markets (DIFC) Limited, the Dubai entity under regulation of Dubai Financial Services Authority - DFSA ( license number F004885)
HF Markets (Seychelles) Ltd, authorized and regulated by the Seychelles Financial Services Authority (FSA), with Regulatory License No. SD015
HFM offers popular tradable instruments of the global financial markets, including forex, precious metals, energies, indices, commodities, electronic currencies, bonds, ETFs, stocksDMA, etc.
Account Types
There are six account options on offer on the HFM platform, namely Premium, Zero Spread, PAMM Premium, and HFCOPY accounts. The account types have minimum initial capital requirements of $0.
Leverage
HFM offers a maximum leverage of up to 1:2000, which can be an attractive feature for traders looking to maximize their potential profits with a smaller investment. This high leverage also provides greater market exposure and trading opportunities, allowing traders to take advantage of price movements in various markets.
Spreads& Commissions
All spreads with HFM are a floating type and scaled with the accounts offered. For example, spreads start from 0 pips on the Zero Spread account, while other account holders have spreads from 1 pip. As for the commission, there is a $6 per lot (round turn) commission on the Zero Spread account, while no commission on the other account types.
Trading Platform
HFM offers traders MT4 and MT5 trading platforms, available on desktop, web, and mobile versions. Both MT4 and MT5 are popular and powerful trading platforms that provide a bridge for traders to enter the financial markets, and HFM ensures that the best features of each platform are fully utilized to provide the perfect trading environment for its clients.
Deposit & Withdrawal
HFM indeed provides a variety of options to make deposit and withdrawal processes simple and flexible for its customers. They accept bank transfers, major credit/debit cards (Visa & MasterCard), and several electronic payment methods such as crypto, Fasapay, Neteller, PayRedeem, Skrill, and Bitpay.The minimum deposit or withdrawal limit is quite low, set at $5 for most payment methods, which makes it convenient for traders of all sizes.
Customer Support
HFMs customer support can be reached by telephone: +44 2030978571, email: support@hfm.com. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines; Katherine & West Suite 18 Second floor 114 West Street Sandton, Johannesburg 2031; Room S203A, Second Floor, Orion Complex, Victoria, Mahe, Republic of Seychelles; Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus.
HFM offers multiple avenues of customer support to ensure all client queries and concerns are attended to. The live chat feature on their platform allows for real-time assistance, alongside a contact form for more comprehensive inquiries.
Review
When we checked HFM Markets review on Wikifx. We discovered that users are giving positive feedback regarding brokers. They are happy with the services of HF Markets. Even Wikifx marked this Broker “Regulated” and has a good score of 7.06 out of 10 which is good.
As to explore more about this broker. We went to Trustpilot to see the reviews and yes. People gave HFM 5 stars which signifies people are satisfied with the broker. In the review section also there were less negative and more positive responses by users.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.