HFM (HF Markets) Review 2026
HFM is a multi-regulated forex and CFD broker with CySEC and FCA entities, zero-spread account options and Islamic account support.
- 80 / 100
- Compliant
- Cyprus
- CySEC
- FCA
- CMA Kenya
- FSCA
- FSA Seychelles
- FSC Mauritius
- Min. Deposit
- $0
- Max. leverage
- 1:2000
- Spread From
- 0.0 pip
- Commission
- $6/lot
- Trading platforms
- MetaTrader 4, MetaTrader 5, HFM mobile app and copy trading tools.
Key features
- Low entry deposit with multiple account types
- Zero-spread account options
- Copy trading support
- Islamic accounts in eligible regions
Regional coverage
HFM is widely used across Europe, Africa, MENA and international markets. Region and entity determine leverage, compensation and product access.
Investor protection
FCA and CySEC entities provide stronger investor safeguards than offshore entities. Client funds are generally segregated under regulated entities.
Licenses and Legal Entities
Match the legal entity and license number below against the account agreement before you deposit.
FSA Seychelles · License No. SD015
HF Markets (Seychelles) Ltd · Global
FSC Mauritius · License No. C110008214
HF Markets Ltd · Selected jurisdictions
Trading conditions
- Min. Deposit
- $0
- Spread From
- 0.0 pip Raw
- Commission
- $6/lot
- Max. leverage
- 1:2000
- Islamic
- Yes
- Trading platforms
- MetaTrader 4, MetaTrader 5, HFM mobile app and copy trading tools.
Spreads shown are minimum values from the lowest-spread account type. Actual spreads vary by account, instrument, and market conditions. Islamic (swap-free) account availability may depend on your region and entity. Always verify directly with the broker.
8-pillar score
Weighted /100
Pros
- Holds at least one tier-1 licence (FCA, ASIC, CySEC, DFSA, CFTC/NFA or FMA).
- Multiple legal entities are documented, so you can match the company in the client agreement.
- Advertises raw / 0.0-pip pricing on at least one account path.
- Published minimum deposit is $0, which is usable for a small live test.
- Islamic / swap-free accounts are published as available in supported regions.
Cons
- At least one offshore entity is in the group. Protection and leverage follow that company, not the brand name.
Usually not for
- Traders who will only execute from TradingView.
- US residents who need a CFTC/NFA retail forex broker.
How do I choose a licensed forex broker?
Choose the entity licensed where you live — FCA (UK), CySEC (EU), ASIC (Australia) or DFSA (Dubai/Gulf) — and match its license number to the client agreement before you deposit.
Detailed explanation
A brand is not a license. Compensation, leverage caps and complaints follow the company that opens the account. CySEC covers the EEA (Cyprus ICF). FCA sits under UK rules and the FSCS. ASIC serves Australian retail clients. DFSA serves the DIFC. Offshore entities such as FSA Seychelles or FSC Belize sit outside those schemes.
Example
A UK account under an FCA-authorised company can use the Financial Ombudsman and, if the firm fails, the FSCS (up to £85,000). The same brand’s Seychelles entity would not.
Common mistake
Treating a CySEC, FCA or ASIC logo on a landing page as proof that your account is covered. Many groups onboard international clients through an offshore company. If the agreement names that company, the EU, UK or Australian compensation scheme does not apply.
Professional tip
Search the official register by license number, not only by brand. Confirm the status is authorised or active, that forex or CFDs are listed, and that the legal name matches the agreement before the first deposit.