HFM (HotForex)
Majors
Minors / Crosses
Metals & Indices
Crypto
Live spreads ticking - derived from each broker's advertised typical plus real-time market volatility. Cells flash green/red when values change.
HFM (formerly HotForex) is a multi-award-winning broker offering 1,200+ instruments across forex, metals, energies, indices, stocks, commodities, bonds, and ETFs to 3.5 million clients.
Founded
2010
Headquarters
Limassol, Cyprus
Regulated by
FCA, CySEC, FSCA, FSA (Seychelles), DFSA, CMA
Forex
28+ currency pairs
Metals
Gold, Silver, Platinum
Indices
US30, NAS100, DAX, FTSE
Crypto
BTC, ETH & altcoins
Stocks
Major equities & CFDs
Commodities
Oil, Gas, Agricultural
Pros
- •Regulated by 6 financial authorities
- •No / low minimum deposit required
- •Multiple trading platforms (MT4, MT5, HFM Platform)
- •Established broker (16+ years track record)
- •Strong community rating (4.3/5)
Considerations
- •Trading CFDs carries risk - review account terms before funding
- •Regulator licenses not yet independently verified by PipCircle
Auto-generated from broker data and community reviews. Conduct your own due diligence.
Share Your Experience
Help others by leaving a review for HFM (HotForex)
Maria Rodriguez
7/18/2026This broker is fantastic for new traders like myself. Their educational resources are top-notch, really helping me understand market dynamics. The mobile app is also very intuitive, making it easy to manage my trades on the go. Highly recommend for the support and learning tools.
Emma Davies
6/16/2026I've been trading with HFM for almost a year now, and I'm consistently impressed. The MT5 platform runs smoothly on my desktop, and spreads on major forex pairs are very competitive. Withdrawals are processed quickly, usually within a day, which is a huge plus.
Ahmed Khan
5/22/2026I've found HFM to be a reliable broker for my forex and indices trading. Execution speeds are generally good, and I haven't experienced any significant slippage. Their deposit and withdrawal processes are straightforward, which makes managing funds hassle-free. A dependable choice overall.
Kenji Tanaka
5/2/2026HFM provides a solid trading environment with a good range of instruments, particularly their stock CFDs. While spreads can widen slightly during high volatility, their customer support team is always prompt and helpful. I had an issue verifying a document once, and they resolved it efficiently.
David Miller
1/11/2026HFM offers a decent selection of assets, and I appreciate the variety available. However, I've noticed some occasional lag on their MT4 platform, especially during news events. Their spreads on certain minor pairs aren't always the best either, but customer service has been responsive when I've reached out.
Sophie Dubois
12/12/2025Having used HFM for several years, I can attest to their consistent service quality. The platform is stable, and I've never had issues with trade execution or their quoted prices. Large withdrawals have always been processed without delay, which gives me great confidence in their operations.
Hiroshi Tanaka
9/25/2025What really stood out was the emphasis on creating your own play-book, not just memorizing setups. The instructors challenged us constantly, which, while tough, ultimately made me a more independent thinker. I found the community extremely supportive, especially when dissecting trades. While the initial investment is substantial, the long-term skills I've gained are invaluable.
David Mkhize
8/9/2025Getting through the evaluation phase was tougher than anticipated; I hit the daily loss limit a couple of times figuring out their system. Some of their rules felt a little opaque at first glance, requiring more clarification from support than I'd hoped. Payouts do come through, which is the main thing, but the overall experience has a steeper learning curve than I expected.
6 authorityies
16 years (since 2010)
4.3/5 average
8 reviews
No spread data
10/10 profile completeness
Scores weighted from regulation, age, community reviews, spreads, and profile transparency.
- evaluation3.0
- payout_speed4.0
- rules3.0
- support4.0
- Platform4.3
- Pricing4.2
- Customer Service4.7
- Features4.5
- course_quality4.0
- value_for_money4.0
- instructor_quality4.0
- community5.0