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HFM

9.59.5 out of 10
Highest leverage

Key facts

Minimum deposit
$0
Spread from
0.0 pips
Max. leverage
1:2000
Platforms
MT4, MT5, HFM App
Instruments
Forex, Indices, Commodities, Stocks, Metals, Crypto, Bonds
Founded
2010
Available regions
Latin America, Asia, Africa, Middle East, Europe

Accounts & costs

AccountSpread fromCommissionMinimum deposit
Cent1.4 pips$0$0
Zero0.0 pips$6/lote$0
Premium1.4 pips$0$0
Pro0.6 pips$0$100

Review

HFM (HF Markets), formerly known as HotForex, is one of the most established brokers around: it has operated since 2010 and holds regulation from the FCA (UK), CySEC, DFSA (Dubai), FSCA (South Africa) and FSC (Mauritius).

It is unusually accessible: the Cent, Zero and Premium accounts have no minimum deposit, while the Pro account requires $100. Leverage runs up to 1:2000. The Zero account offers spreads from 0.0 pips with commission, the Pro from 0.6 pips with no commission, and Cent/Premium from 1.4 pips.

It runs on MetaTrader 4 and 5 plus its own HFM App, with a very broad line-up: forex, indices, commodities, shares, metals, crypto and bonds via CFDs, alongside copy trading and swap-free accounts.

The blend of tier-1 regulation, high leverage, no minimum deposit and a huge instrument range makes it one of the most complete and versatile brokers on this list — suitable for beginners (Cent account) and advanced traders (Zero/Pro) alike.

Pros

  • Tier-1 regulation
  • Ultra-high leverage available
  • Wide range of instruments
  • Low minimum deposit

Cons

  • Does not accept US clients

Frequently asked questions

What is the minimum deposit at HFM?
The minimum deposit to open a HFM account is $0.
What is the maximum leverage at HFM?
HFM offers leverage up to 1:2000.
How low are spreads at HFM?
Spreads at HFM start from 0.0 pips.
Which trading platforms does HFM offer?
HFM runs on MT4, MT5, HFM App.

Ready to trade with HFM?

Opening an account takes a few minutes. Trading CFDs carries risk.