HFM Review

98 responses to “HFM”

1. I don’t fully understand meaning of licenses that brokerage companies can have. But I’m pretty sure that if it has some licenses, then it’s good. And if it has several such licenses, then this is even better.
   Therefore, what I see in this article about HFM shows me that this broker has excellent reputation.

   Of course, I understand that such conclusions cannot be drawn on basis of one article.
   Therefore, I plan to study trading conditions and features of this broker in more detail. I think that this way I will be able to understand how suitable it’s for me to open trading account

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2. I like HFM broker because as soon as I entered my personal area I didn’t struggle with navigation and everything was pretty intuitive. There are 4 types of trading account to choose from but as a total noob trader I wasn’t ready to trade through advanced accounts, so I chose a cent one which is the most suitable for my needs.
   There are also many ways for making deposits and withdrawals available but I don’t know how to use other payment methods except a bank card Visa/Mastercard. So I made a 100$ replenishment and the transaction was pretty fast and without serious delays. Wish me luck, dudes!

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3. HFM’s technical support is very competent and whenever I contact them, they always respond at the click of your fingers.

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4. People say forex is hard, next to impossible. I’m chill trading with crossover strategy here, and am up 4 months out of 5 so far.
   In case anyones interested:
   – I get short-term moving average to cross with long-term moving average. To see a beginning of a trend and try to capitalize on it.
   – Use 10-period SMA and 50-period EMA
   – Use 4-hour and 1 hour/30 min charts here

   Works well! I don’t rush into positions, sometimes I dont trade for a week if I don’t see anything forming.

   HFM on Zero account works amazingly for this (no swaps). I think they are the best and safest around, so i’m here.

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5. abundance of account types is something that:
   a) was confusing at the beginning;
   b) was surprising that a broker could offer so many of them.
   I didn’t want to spend a lot of time on the choice of the account and opted for the premium one. it has nice leverage size, x2000, zero commission and absence of requirements to the minimum deposit.
   it really sounds more than just attractive, you can enter with whatever sum you can afford and trade using all tools provided by the HFM. so I am glad with my journey and chocie of the acc.

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6. I have to confirm that their educational courses left an imprint in my head. And this review only proves the fact that these are guys who care about traders, their education and they ensure favorable trading conditions for everybody.

   Speaking of their courses, then I should note that such ones as those about trading strategies, CFDs and stock trading contain tons of useful information that can be easily applied in practice. At least I do it regularly, check something interesting and then try to apply it during real trading.
   I guess this how trading should be arranged.

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7. They are extremely professional , I talked to the support about my copy-trading provider and establishing a constant connection, it was so organized and step-by-step. I love when financial companies dont give me off to some random offshore guy, but actually have on-site employees to explain some more complex things.

   Withdrawal was so easy too, no fees like I had with 2 previous brokers, and it happened almost instantly for my e-wallet. With any other brokers would let me withdraw from $5 just to test it, but there it was this much for a FEE to withdraw lol. HFM is a lot better I feel.

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8. As I am not a really experienced trader, I still require some help to clarify a couple of moments. It’s cool that HFM broker has live chat support, where you just insert some credentials and ask a question.
   Agents helped me to pick the best account for my needs and it is a Zero acc. There is no minimum deposit threshold, as well as maximum leverage can be up to 1:2000. Yeah… kinda big, but I don’t trade it that big, nevertheless for those passionate about adrenaline rush it’s an interesting opportunity. However, bear risks in mind.

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9. This broker stays true to their words and is very reliable, this is why I completely trust them. They’ve never disappointed on any of their offerings or services being rendered. The quality of services match the pricing and fees of the broker, everything is in perfect standing. I have really positive experience and exposure while trading with this broker that I’ll forever be grateful for. If you are looking for a trustworthy broker then this is your sign.

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10. I was also impressed by leverage I received when opened trading account here.
    Therefore, I will not keep up with the crowd and will also describe my impression.

    In general, I see many advantages in such leverage. If u choose the right lot size and use stop losses, this tool can bring good profits

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11. This is one of the best brokers, it is very easy to use… has a good platform with effective features and tools and also has available 24/7 customer service which is very reliable and they give you answers ASAP! I also love how fast the platform works and also how fast deposit and withdrawals have been… it’s been very good knowing that I didn’t have to worry about delayed withdrawals. I have had a very pleasant experience trading with this broker.

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12. A well regulated and licensed broker… no manipulation of charts and other trading tools. It’s one for all and all for one.

    Also a good broker for every beginner looking to start out with wonderful customer service and quality services.

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13. HFM, it is that broker that I will never leave. I am offered trading conditions that are second to none.
    Initially I was on the Cent account , but then chagned to the Pro account.
    Even thouhg on the fomer there is no min deposit limit, the latter has benefits like lower spreads. I allowes me to approach the market with scalping tecqhnique and no need to be worried about costs. Just yeterday I opened a position on eur/usd and all went smoothly.
    Also, trading using MT5 platform is great. I use its powerfulk tools and charting indicators.
    Try the broker guys, u wont regret

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14. Using the trader’s board tool, I was able to identify the biggest currency movements, keeping up to date with market news. I utilized a wide range of trading calculators to make more informed trading decisions. I was never wrong in any calculation! In addition, I use the autochartist tool, which a perfect utility tool that scan my watchlist and notifies me of chart opportunities instantly. A great exprience!

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15. Whatever class you like trading, HFM has it, no doubt. Markets from currency pairs to commodities and more are there for you.
    Pay attention to PAMM as well. You can invest and let skillful traders manage the allocated funds.

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16. I have been trading with HFM for quite some time already.
    The broker is an excellent destination for traders.
    The trading platforms are available on iOS, Android, desktop, and web.
    Spreads are so thin that they make trading transactions almost non existent.
    Another aspect is the leverage that is offered. It is stratospheric. Use it with great care, though.
    And when it comes to security, do not be worried! The broker is audited by a reputable firm.

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17. they offer very good services, almost every account for a variety of traders, (Note: forex trading is risky, pls stick to demo if unsure.). very good withdrawal and deposit options, make sure to get fully verified before anything else, they can be a bit strict with documentation which is good. good execution, web and mobile platforms available, options for pamm accounts with good account manager, i am yet to try e-wallet withdrawals but its a good option ion my opinion, over all trading exp is 3 years live account during the pandemic. im pleased with hfm

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18. I have Zero account and I am happy with trading conditions I got after opening it.
    These conditions are favorable and it is obvious even to novice traders.
    For example, my leverage is 1:2000. This is enough for my profit to be large enough to gradually increase the size of the deposit and withdraw part of the profit from the account.
    My spreads are so narrow that for currency pairs it is from 0.
    By the way, I didn’t need large amount of money to open account. As far as I understand there are no restrictions on the minimum deposit.

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19. HFM is a very peucliar platform, but with a positive sense. First things first, it’s a super regulated one. According to my knowledge, the broker possesses really enviable number of reguations, thus it can easily operate in many jurisidctions.
    Secondly, the suplus of instruments is something that I was looking for. I question the usefulness of all, but maybe it’s because of my experience.

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20. Multi-regulated and multi-faceted broker. With its offerings, it elevated my trading statistics. I came here with a little bit of money, and it required me just a few bucks of minimum deposit and i was able to start trading. Couldn’t get the premium account yet but its allright. leverage up to a few hundred times, thousands of assets, great charting, good regulation, I wasnt asking for much but I already got more than I thought I could from the side of the broker. the feel of security and availability of tons on indicators on top of that. that’s what I call a great package.

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21. How can you assess the vps server on the hfm platform? Is it worth trying or maybe it’s not mandatory to work with the broker to use it?

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    • I use it every day.
      You know, of course on the net you can find separate services that provide VPS servers, but I like to buy everything in one place, I guess, you know what I mean.
      I’m confident in reliability of my broker and therefore I don’t worry about how server will work. And if some problems with it, it’s easier to solve them with my broker than with some unknown company.
      As for characteristics of their VPS, I’m completely satisfied.

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22. HFM broker is the one that I just respect. You know, it’s not a love, passion or admiration. It’s more about respect.
    The company has managed to establish itself as a proper mediator for many traders across the globe as it has several regulations and offers quality conditions.
    Here is a good account types selection alongside industry-leading trading platforms such as MetaTrader, plus it also grants access to its custom solution. Other than that, the range of methods how to deposit and withdraw funds is also big and no fees are levied.
    Building such an infrastrcture deserves a big respect!

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23. I should confess that I devoted a lot of time for a comprehensive examination of this platform to define whether it suits my trading style or not.
    It turned out that the company is quite relevant and acceptable from the point of delivered trading conditions. The array of tradable assets is cool enough to jump from this to that asset without any second thoughts. Whatever you wish to trade – trade it.
    There’s also a moderate number of instruments for analysis. I hate excessive number of functions and features cuz I see no practical sense in all of them. All in all, I put the broker solid 4/5.

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24. I am investing in some PAMM accounts on this broker. I knew this broker a pretty long time ago and figured out it features PAMM. I got both profit and loss with PAMM but it’s worth researching and investing in. Some PAMM accounts generate steady profits!

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25. This is kind of a place where endless opportunities in assets meets very good trading conditions to take advantage of them. They have a great reputation too.

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26. HFM has competitive spreads and low fees. Depending on the account type you choose, you can enjoy fixed or floating spreads, as well as commission-free or commission-based trading. The average spread for the EUR/USD pair is 1.2 pips on the Premium account, which is lower than the industry average. HFM also does not charge any deposit or withdrawal fees. And also, they do not have fees for premium; maybe they even do not have fees for other accounts. I do not know; I am using premium only. HFM has a rich educational section and a dedicated customer support team as well, I must mention that.

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27. I liked this borker from what I have seen as their offering on its website and decided to start trading with them.
    However, the porcess of opening an account was a bit complicated. They asked for proof of address and that’s fine. But I was able to access a fully operational real account three days after I started the reistration process. It’s a bit lengthy process in my opinion….

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28. I am a newbie in forex trading and hope to find the broker with the lowest spread/commission, micro account ($5) that can be traded on mt5, no inactivity chargep and regulated. Can you recommend one please?

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29. Awesome broker for trading and investing simultaneously.The amount of features for generating profits and the conditions on them is what distinguish this broker in a very positive way from the others.

    Of course you can have a good broker with solid conditions for trading. Or you can have a decent investing platform. But almost never the two endeavors combined in a very contemporary manner.Plus you don’t have to have big bucks to do so.The entry bar is really affordable.

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30. I am trading gold for quite some time with hotforex broker. They give good execution levels for trading. Spreads and leverage is also good even though i am trading with small amount. I also withdraw my profits regularly without any complaints.

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31. To be honest, I do not think I have see a broker with these many tools for traders before. And all of them are free; the broker has no fee attached to some of the most exclusive tools and features in the industry. But yeah, I have enjoyed trading here. Totally worth it.

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32. HFM is like a beacon of being able to follow the most recent trends in the industry whilst complying to the regulatory framework of like a hundred different authorities. They’re great

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33. HFM is a trading platform that offfers a host of trading tools to help traders succeed in the market. One of its standout tools is the Autochartist, which scans the markets for potential trades and gives you signals to act on. With this tool, you can be confident that you have a couple of extra ttrades that you might not have cought yourself.

    HFM also offers a wide range of educational resources to help you stay up-to-date on the latest market trends and investment strategies.

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34. I like the levergae of the broker. For some traders 1:2000 will seem pretty dang high, and it is pretty dang high.
    Nevertheles if you know how to handle it then you won’t have any issues. and if you don’t, then start learnin.
    I wonder what other traders think of HFM leverage level?

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    • Well, I am sure that the 2000x level is for very special and concentrated situations.

      No trader in the world, I think, can constantly handle 2000x leverage.

      Let’s put it this way, if you are using 100x leverage. It will take the asset to move %1 to the wrong side to wipe your entire position out. You might thing that is okay, since it is hard for some stocks for example or FX pairs to move 1% in a day.

      2000x means it’ll take the asset to move %0.05 to the wrong side to wipe you out. Still think its hard? But you can use it with earnings plays if you are sure.

      It is still great to have that

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35. This broker’s concern for me as a customer seemed excessive to me.
    It’s strange to complain about it, though. Clients of other companies probably dream of such care.
    As for trading, everything is not bad. The tools work without any errors. I make nice profits.

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36. I joined the broker a month ago. I trade on a zero spread account. I chose the account from the very beginning. The trading conditions on that account are optimal for me – 1:500 leverage, good spreads and a minimum trading deposit that I find democratic – $200.
    I’m absolutely satisfied with manual trading with the broker. Now I want to try copy-trading here. What conditions for this do you offer?

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    • It depends on what end you want to execute copy trading. If it’s from copying other people’s strategies, then you’ll need to have at least $100 to do so.
      But if you want to be a strategy provider, then you’ll need $500. Strategy providers also are allowed to have not more than 1:400 leverage and not more than 300 simultaneously opened positions. But 300 positions is more than enough, trust me.

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37. Uhm… Gotta be objective, as I saw some people tend to be sooo subjective that it’s not really correct.
    All modern trading instruments are ensured here without a doubt, but on the other hand, transactions are processed only 5 days in a week, that maybe not so convenient for some people.

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38. HFM is a really cool broker. The features are many; numerous I tell you. The accounts available are really interesting. There is an account for literally every type of trader. All the accounts are really affordable too with the premium going for only $10.I have a question tho. Can I have multiple account types here? Like the premium and the HFCopy, for instance.

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    • Yes, you can! There is nothing wrong with that, and the broker does not stop traders who would like to run those two operations together.

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39. I opened trading account with this company half a year ago and am ready to share my impressions.
    First thing I have noticed is the high speed of execution of orders. Maybe broker uses some special technology. Or maybe they do their job well.
    The only thing that disappointed me was that there were no cryptocurrencies I wanted to trade.

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    • You can trade cryptocurrencies at HANTEC MARKETS

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40. I like it when brokers go the traditional way when choosing a trading platform.
    In my opinion, there are no more versatile and convenient platforms than MetaTrader4 and MetaTrader5. They both have great functionality and a lot of built-in tools. In addition, the platforms can be supplemented with custom tools.
    I have a question. Which MetaTrader platform do you prefer and why?

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    • I prefer HFM MT4 because I’m too conservative by nature. I think I trade with it for three years or so.
      Somebody will say that it has limited functionality and obsolete technology behind, but as long as the platform does the work for you, who cares?
      MT4 one love!

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41. That’s so good that this broker is absolutely compatible with me. It generally meets my expectations. It’s pointless to talk about fraud here because if anything was I would run away long ago.

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42. Do HFM accept clients from the US because there is no US in the country slot

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43. Have been trading from almost 2 months and i must say this platform is really good.

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44. Does Hot Forex accept deposit via Paypal?

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    • Unfortunately, I do not remember whether this broker has Paypal. HFM has a large list of payment systems through which you can deposit your account.
      Look at the official site. Maybe Paypal is among them.

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45. Withdrew many times and trade forex/cfds also invest some in PAMM with this broker. A decent and vast services broker

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46. Is hotforex an STP or ECN broker ?

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47. My name is Newton Dennis Mugisa from Uganda, some months ago I invested $100 with HOT FOREX GROUP and I was sent a note by someone called Chris Powel to pay taxes worth $400 in order for my profit to be sent to my mobile money. I have now paid $300 through some Kenyan phone code number. Yestarday he asked me to pay what I have and he will top up for me with $100 and send my profit today. But today, he asked me instead to clear up the $100 taxes. Which got me very confused and very worried because the money that I sent for tax yestarday I borrowed from someone whom I promised I would pay back the following day which is today.
    I just want to be sure, do you know/ have someone by the name of Chris Powel working with you in HOT FOREX GROUP?
    Do you have an investor by the name of NEWTON DENNIS MUGISA?
    When someone has invested in HOT FOREX GROUP, do they pay taxes to get their profit?
    Please kindly help me confirm.
    Thank you.

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    • Thats simply a scammer next time firstof all send a mail to HFM customer support. You don’t need to oay any tax to take your money if you needed to it will reflect the message from HFM direct mail or on your dashboard

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48. I would like to open a FX trading acct, but I have the following questions:
    1- Do you accept client from Afghanistan?
    2- Can I fund acct from my another broker which is located in London ( One Financial Markets)
    3- Do you accept Perfect Money for my banking?
    ( this is the only reason I switch broker bcz my existing broker can’t accept Perfect Money.
    Hope to hear from you soon.
    Kind Regards

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49. do you have office in malaysia n how to contact them.

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50. Do you have a broker named Maria Esteel?

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51. Does this broker allow western union deposit and withdrawals?

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52. Hi, do you accept Perfect Money?

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53. hello everyone, I’m thinking to open an account using hotforex as I have smaller capital I want to make sure about few things like have lower spreads, smoother withdrawal process and also if anyone have information about Shewraj as he is my account manager.

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54. Beware:
    Scammed minor regions

    Ok so, i was working with this broker for few years, i had a trading account which i used trading spot Metals in there, ummm, i kinda created a portfolio which i don’t think that would be a problem because you pay the commission and Swap for your trading positions.
    suddenly they informed me that they would no longer work with my region and closed my portfolio with current market price against my will and caused me a loss of $2700 USD
    And the most important thing was they didn’t at least notify me a month or two earlier so i could at least have time to adjust my portfolio and withdraw my savings
    so i emailed customer support staff detailing that if you’re no longer work with my region then you should be responsible for my investment because i trusted this broker by throwing my earnings into it and you closed my trades at a bad time, and i want my money back because your broker was responsible by closing my trades against my will
    so they didn’t listen and they’re response was:
    ‘Sorry for any inconvenience’
    ( i will attach the conversations in here if needed)

    So they closed my trades against my will and caused me a huge loss and they response was sorry for any inconvenience

    They ‘re not responsible for your hard worked money they will take it away and throw you out at anytime they want

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    • Where are you from? I see hot forex platform is very good. Gove me some knowledge. Please i am from india

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55. I join please suggest me

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56. How must $ to start trading

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57. How must minimum $ to place trading.thank

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58. Morning
    I have a HotForex account which I’m confused on and maybe you can help me to understand.
    I was referred to a particular account manager. Was told that if I invested $1000.00 I could make $10,000.00; however when that time came for me to withdraw I received an email (generic) stating that my account was upgraded and in order to receive payout I would need to invest another $5000.00 then I would receive $17,000.00, is this a normal process?
    I refused to give additional money so they are not going to release funds.
    Please advise

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    • Sounds like the same scam Fxpipsbase pulled on me. Invested $91, supposedly earned “64k”, transferred their broker fees of 10% of the total earned to the platform just to be told that the funds came a day late and now my account is dormant until I cough up another 10k. Huge scam, if you ask me. You basically lost your investment

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    • You have been scammed

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    • Those are not hotforex those are people who want to scam you

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59. Trading with hotforex for more than one year now. I have evaluated their performance on the basis of certain parameters like account opening time, spreads, leverage and withdrawal processing time and i have found out that they deserve five stars ratings.

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60. trading is going well, mostly on eurusd, keeping an eye on the next move for the gbp if there is a chance with everything thats going on, hotforex is a good broker, stable fast executions, good spread price on usd eur pairs. no issue with withdrawals at all.

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    • I have to agree with this, note that 3nd money processing companies might be your fastest way to withdraw, skrill and neteller are really good. if im not mistaken bank transfer for withdrawals might take up to 12 working days. another good option to look at is metal trading xau and xag are good options to trade too.

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61. they are a decent broker (hotforex), quiet well known with a good reputation and decent services. I have traded with them for a year now and im pretty pleased with how things are going, an easy recommendation.

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62. I have been trading with this reliable broker for the past two years. The execution is smooth and swift. The profit payouts are hassle free with less processing time. I am happy with the services so far.

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63. Best platform with worst services as far as withdrawals are concerned.

    Also very poor at customer care when it comes to getting back the funds, customer care on Good during deposit time.

    Your regulators should check you keenly, 50% legit- 50% scam.

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64. A gentleman broker offering a wide range of products for trading and earning online money even in the lock down. Payments went through hassle free. The leverage and spreads are realistic too.

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65. Two years of trading live account with this broker. Started with small amount in the beginning. Did added some more funds later because I wasn’t aware fo the FOMC volatility. Since these funds are growing, did made many withdrawals as well. All went smooth. I have nothing to complaint about. They are decent broker in my opinion.

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66. 8 months into live trading and i dont see anything out of the ordinary, broker keeps up as advertised, good trading instruments, good process, withdrawal takes up to 24 hrs (except bankwire) I wish there would be more withdrawal options. but over all they are really good.

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67. You are never profitable with this company

    When you make your first deposit and began trading, no matter how weak your strategies are you’ll make profit. Once you made first withdrawal you are finished. No matter how smart you are the company will start taking from you. You will loose everything including your capital.

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68. Do not trade with this Scam broker
    They will finish your money

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69. The withdrawal process never failed me once in the last 9 months trading a premium live account. I got my investment back in less than 6 months, and tbh its a blessing to be able to trade forex during this time. good job by hotforex for keeping an excellent service

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70. Trading for a year and withdrew more than 10k$ to my Skrill account. Reliable broker with decent withdrawal process. I recommend this broker for any trader.

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71. great broker, they offer very good services and they are secured with excellent platform stability, I am yet to try crypto trading, but as far as scalping eurusd, its really great

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72. Trading for last consecutive year on a part time basis. Trading is convenient however i found out that you need to learn it first before you start making money with trading. They have multiple choices of assets, commodities, currency pairs etc with little spreads. Based on my experience I recommend this broker.

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73. Their headquarters is not Cyprus. It’s St Vincent and the Grenadines. check their app on Google play. It says so when you try to register.

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74. Great services all together. It is recommended broker for every type of trader. My personal experience with this broker as of now is one year.

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    • Hi

      Plz let me know doeas hot forex allow to trade with Islamic account (interest free) ???

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75. good broker over all. tight spreads on major pairs, crypto enabled and can use both mt4 and mt5. good reputation and i have no complaints.

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76. Bitpay by skrill is integrated with this broker and i also think that we can deposit other cyrpto assets like Ripple, ltc etc directly but btc can be added by using the bitpay.

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77. Does this broker allow deposit or withdraw by crypto, anyone advise?

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    • Yes it’s the best

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      • Hi do we get help if there is any problem

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78. A broker that is easy to recommend, just made another withdrawal last week and processed with ease, hope the market becomes a bit gentler but over all the broker is doing an awesome job.

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    • Does hotforex provide boom&crash, volatility indices ant step indices ?

      Is there a tutorial that shows how to open up a demo and live account?

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79. I can confirm that this broker has great earning potential if you know how to trade forex. I am trading with hotforex. Its been one year now since I am with this broker. Execution is easy and smooth. They also send weekly emails regarding webinars which are helpful in learning new strategies.

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80. Does this broker have stock trading or a special service for advanced trader?

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81. Hello, I have a premium account (live) with hot forex.i would live to know if Hotforex offers Islamic trading opportunity. If yes, I would need a guide on how to create an Islamic trading account and migrate to it from my premium account. Thanks

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