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TickmillHFM (HF Markets) Review
Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Blain Reinkensmeyer
Steven HatzakisSteven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.37% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Alongside quality research and MetaTrader offering, HFM (HF Markets) offers a proprietary copy trading platform, as well as a decent selection of nearly 1,000 CFDs (including 100+ forex pairs). That said, trading costs at HFM are slightly above the industry average across its spread-only accounts.
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Minimum Deposit:
$0 -
Trust Score:
85 -
Tradeable Symbols (Total):
500
| Range of Investments | |
| Trading Fees | |
| Trading Platforms | |
| Research | |
| Mobile Trading | |
| Education |
Check out ForexBrokers.com's picks for the best forex brokers in 2026.
| 2026 | #27 |
| 2025 | #30 |
| 2024 | #28 |
| 2023 | #29 |
| 2022 | #26 |
| 2020 | #22 |
Why you can trust us
Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.
We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.
Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. Learn more about how we test.
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HFM pros & cons
Pros
- Upgraded MetaTrader tools with Autochartist and Advanced Insights.
- myHF portal continues to improve with newly added features.
- Earn up to 3% interest on unused margin via Return on Free Margin program.
Cons
- No web-based trading app beyond MetaTrader and copy trading options.
- Educational content still lags behind top forex brokers.
- Trading costs slightly above average on spread-only accounts.
My top takeaways for HFM in 2026:
- HFM (previously known as HotForex) has struck a good balance of in-house market analysis, third-party research content, and news headlines from FxStreet.
- Premium Trader Tools, powered by FX Blue Labs, combined with signals via the Autochartist plugin enhance the default MetaTrader suite.
- Advanced Insights utilizes big data and AI to deliver sentiment analysis and other research tools to help trader analyze markets.
- HFM's range of investments has dropped to under 1,000 tradeable symbols, though the number of available currency pairs has increased.
- HFM's copy trading platform requires a minimum of 10 USD to follow (copy) existing strategies on the Cent account, but it is not as advanced as some copy trading alternatives like eToro.
Trust score
Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.
Is HFM safe?
HFM is considered Trusted, with an overall Trust Score of 85 out of 99. HFM is not publicly traded, does not operate a bank, and is authorised by two Tier-1 regulators (Highly Trusted), three Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 regulator (High Risk). HFM is authorised by the following Tier-1 regulators: Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system. Learn more about Trust Score.
| Feature |
 HFM
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|---|---|
| Year Founded | 2010 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 2 |
| Tier-2 Licenses | 3 |
| Tier-3 Licenses | 0 |
| Tier-4 Licenses | 2 |
HFM Star Ratings
| Feature |
HFM
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|---|---|
| Overall Rating |
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| Trust Score | 85 |
| Range of Investments |
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| Trading Fees |
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| Trading Platforms |
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| Research |
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| Mobile Trading |
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| Education |
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ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.
Our testing
Why you should trust us
Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).
All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.
How we tested
At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:
- For Apple, we use MacBook Pro laptops running macOS 15.3, and the iPhone XS running iOS 18.3.
- For Android, we use the Samsung Galaxy S20 and Samsung Galaxy S23 Ultra devices running Android OS 15.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.
Read next
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Steven Hatzakis March 09, 2026About the Editorial Team
Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.