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HFM

Multi-regulated broker formerly known as HotForex

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RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail trader accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Backtesting results are hypothetical and do not guarantee future performance.

HFM (formerly HotForex, rebranded 2022) is a multi-regulated broker including FSCA South Africa (FSP 46632). Offers forex, CFDs, and commodities with high leverage and copy trading.

Visit HFM →Test Your Strategy →

Full Specification

RegulatedYes
RegulatorsFCA, CySEC, DFSA, FSCA
Registered inCyprus
Minimum Deposit$10
Spread TypeVariable
Spread From0.2 pips EURUSD
Max Leverage1:2000 (Non-EU), 1:30 (EU)
Instruments300+
Instrument TypesForex, Indices, Commodities, Crypto, Stocks, Bonds
PlatformsWeb, Mobile, MT4, MT5, HFM App
Demo AccountYes (Unlimited)
Swap-FreeYes
Copy TradingYes
Social TradingNo
Crypto TradingYes
Education ResourcesYes
Customer Service24/5 live chat, email, phone
Monthly CostFree

Regulation & Safety

HFM is regulated by FCA, CySEC, DFSA, FSCA. This means the broker is subject to financial oversight, client fund segregation rules, and regular audits.

FSCA regulated — authorised to provide financial services in South Africa.

Trading Instruments

ForexIndicesCommoditiesCryptoStocksBonds300+ instruments total

Platforms

WebMobileMT4MT5HFM App

Test Before You Trade

Before opening a live account with HFM, test your trading strategy on historical data. Our backtester runs your strategy across 50+ instruments — including those available on HFM.

Open Backtester →Strategy Lab →← All Brokers
⚠ Risk Warning:CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Backtesting results are hypothetical and do not guarantee future performance.