FXMARE editorial rating, not user reviews.
A well-regulated, multi-entity broker (est. 2010) offering competitive raw spreads and wide instrument access via MetaTrader, suited to intermediate traders across multiple regions.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
A well-regulated, multi-entity broker (est. 2010) offering competitive raw spreads and wide instrument access via MetaTrader, suited to intermediate traders across multiple regions.
HFM (HF Markets / HotForex) is regulated by FCA (UK), CySEC (Cyprus), DFSA (UAE/DIFC), FSCA (South Africa), FSA (Seychelles), CMA (Kenya). Independently verifiable licences include CySEC — HF Markets (Europe) Ltd, Licence 183/12; DFSA — HF Markets (DIFC) Ltd, Ref F004885; FCA — HF Markets (UK) Ltd, FRN 801701. It carries strong, well-established regulatory oversight.
EUR/USD spreads start around 0 pips on the raw/ECN account (about 1.4 pips on the standard, commission-free account), with $6 (Zero account: $3 per side) commission. The minimum deposit is $0 (Cent, Premium, Zero accounts); $100 (Pro); $500 (InfinityX offshore) and maximum retail leverage is 1:30 (EU/UK retail, FCA/CySEC); 1:1000 (international/offshore entities). Swap-free (Islamic) trading is offered conditionally — Available on request for Micro, Premium and Zero account types; swap-free status is also extended by default to clients in applicable countries. No extra fee for the Islamic account itself, but standard inactivity fee ($5/month after 6 months of no trading) applies. Specific instruments and position-holding time limits governed by HFM's full swap-free T&Cs..
Platforms include MT4, MT5, WebTrader, HFM Mobile App, Copy Trading platform. HFM (HF Markets / HotForex) provides ~1,000+ CFDs (varies by entity): 53 forex pairs, ~800 stock CFDs, 23 indices, ~50 ETFs, 15 crypto CFDs, metals, energies, bonds across Forex, Stocks, Indices, Commodities, Crypto, ETFs, Bonds, funded via Credit/Debit Card, Bank Wire Transfer, Cryptocurrency, BitPay, Bitwallet, BXONE.
HFM (formerly HotForex) has built genuine regulatory credibility with FCA, CySEC, DFSA, and FSCA licences across four jurisdictions — meaningful protection for most retail traders. Costs are reasonable: the Zero account's $6 round-turn commission on 0.0-pip raw spreads is in line with mid-tier ECN brokers, while the Premium account's ~1.4-pip EUR/USD spread is slightly above best-in-class. The broker's reliance solely on the MetaTrader ecosystem (no cTrader, no proprietary web platform) and its anti-arbitrage/AI trading clauses are the main practical limitations to be aware of.
Headquarters: Larnaca, Cyprus (group HQ); additional entities in London UK, Dubai UAE, Johannesburg SA, Seychelles · Funding: Credit/Debit Card, Bank Wire Transfer, Cryptocurrency, BitPay, Bitwallet, BXONE
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
HFM (HF Markets / HotForex) is authorised by FCA (UK), CySEC (Cyprus), DFSA (UAE/DIFC), FSCA (South Africa), FSA (Seychelles), CMA (Kenya). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Available on desktop, web and mobile. Tradable across Forex, Stocks, Indices, Commodities, Crypto, ETFs, Bonds. Track every position you take with HFM (HF Markets / HotForex) in the FXMARE trading journal.
HFM (formerly HotForex) has built genuine regulatory credibility with FCA, CySEC, DFSA, and FSCA licences across four jurisdictions — meaningful protection for most retail traders. Costs are reasonable: the Zero account's $6 round-turn commission on 0.0-pip raw spreads is in line with mid-tier ECN brokers, while the Premium account's ~1.4-pip EUR/USD spread is slightly above best-in-class. The broker's reliance solely on the MetaTrader ecosystem (no cTrader, no proprietary web platform) and its anti-arbitrage/AI trading clauses are the main practical limitations to be aware of.
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