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HFM (HotForex) logo

HFM (HotForex)

4.3(8 reviews)
Platform:4.3
Pricing:4.2
Customer Service:4.7
Features:4.5
Limassol, Cyprus
Founded 2010
Browsing from United States
Open Account
Spreads Overview

Majors

EUR/USD
0.5
LIVE
GBP/USD
1.5
LIVE
USD/JPY
1.0
LIVE
AUD/USD
1.1
LIVE
USD/CAD
2.4
LIVE
USD/CHF
0.7
LIVE
NZD/USD
0.5
LIVE

Minors / Crosses

EUR/GBP
1.6
LIVE
EUR/JPY
1.8
LIVE
GBP/JPY
2.7
LIVE

Metals & Indices

XAU/USD (Gold)
3.4
LIVE
XAG/USD (Silver)
2.4
LIVE
US30
3.0
LIVE
NAS100
3.2
LIVE

Crypto

BTC/USD
7.8
LIVE

Live spreads ticking - derived from each broker's advertised typical plus real-time market volatility. Cells flash green/red when values change.

About HFM (HotForex)

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

Awarded Achievements6/52
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Create Your Account
Quick Specs
Account Types
PremiumProZeroCent
Trading Conditions
Min Deposit$0
Max Leverage1:2000
Trading Platforms
MT4
MetaTrader 4
MT5
MetaTrader 5
HFM Platform
Trading Platform
Instruments & Asset Classes
💱

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 & Cons

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)

Client Reviews (8)
8 of 8 reviews
MR

Maria Rodriguez

7/18/2026
5/5
platformpricingcustomer servicefeatures

This 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.

ED

Emma Davies

6/16/2026
5/5
platformpricingcustomer servicefeatures

I'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.

AK

Ahmed Khan

5/22/2026
4/5
platformpricingcustomer servicefeatures

I'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.

KT

Kenji Tanaka

5/2/2026
4/5
platformpricingcustomer servicefeatures

HFM 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.

DM

David Miller

1/11/2026
3/5
platformpricingcustomer servicefeatures

HFM 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.

SD

Sophie Dubois

12/12/2025
5/5
platformpricingcustomer servicefeatures

Having 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.

HT

Hiroshi Tanaka

9/25/2025
4/5
course qualityvalue for moneyinstructor qualitycommunity

What 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.

DM

David Mkhize

8/9/2025
3/5
evaluationpayout speedrulessupport

Getting 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.

Trust Score
78/100
Excellent· Composite trust rating
Regulation
25/30

6 authorityies

Track Record
20/20

16 years (since 2010)

Review Quality
17/20

4.3/5 average

Review Volume
10/15

8 reviews

Spread Edge
0/10

No spread data

Transparency
10/10

10/10 profile completeness

Scores weighted from regulation, age, community reviews, spreads, and profile transparency.

Review Score
8 reviews
  • evaluation
    3.0
  • payout_speed
    4.0
  • rules
    3.0
  • support
    4.0
  • Platform
    4.3
  • Pricing
    4.2
  • Customer Service
    4.7
  • Features
    4.5
  • course_quality
    4.0
  • value_for_money
    4.0
  • instructor_quality
    4.0
  • community
    5.0
4.3/5
based on 8 verified reviews
At a Glance
Type:
Broker
HQ:Limassol, Cyprus
Founded:2010
Rating:4.3 / 5 (8 reviews)
Website:hfm.com
Regulation
FCA
CySEC
FSCA
FSA (Seychelles)
DFSA
CMA
Contact Information

Disclaimer: pipcircle.com is a social media platform for sharing and discussing trading ideas. All content is provided for educational and informational purposes only and does not constitute financial or investment advice. No real trading or investments take place on the platform. pipcircle.com does not accept deposits, act as a broker, or provide financial services. Users are responsible for complying with local laws. Trading forex, CFDs, and other financial instruments carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. You should carefully consider your financial situation before engaging in trading activities.

Broker and prop firm listings on PipCircle are for informational purposes only. Inclusion on this platform does not constitute an endorsement or recommendation. Users should conduct their own due diligence before opening accounts with any listed broker or prop firm.

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