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Home ‣ Reviews ‣ HFM Review 2026: Good for MT4/MT5, Not for Scalpers

HFM (HF Markets) Review

Name: HFM
Brand: HFM

Written by Steven Hatzakis
Director of Online Broker Research

Edited by Jeff Anberg
Senior Editor

Fact-checked by Blain Reinkensmeyer
Managing Partner

May 29, 2026

Fact Checked

Steven Hatzakis
Director of Online Broker Research

Steven 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.

See full bio

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.

There is a version of HFM (HF Markets) that I would recommend, and a version I would not, and the distinction matters before you open an account. The version I would point traders to is the multi-entity, multi-regulator MetaTrader broker, where I placed trades on MT4 and MT5, ran a strategy through the MT5 Strategy Tester, and explored the broker's proprietary copy trading service. The version I would not recommend is the offshore InfinityX account with its unlimited leverage marketing.

On the CFD trading side, HFM offers 344 tradeable symbols, FX Blue-powered Premium Trader plugins for MetaTrader, an integrated copy trading platform inside the mobile app, and an in-house news and analyst stack sitting alongside FxStreet headlines. EUR/USD averaged 1.8 pips on the Pro account during testing, which is above the cheapest brokers we review but in line with the typical MetaTrader-only broker.

HFM is best suited for CFD traders who want MetaTrader at the center of their setup, with a copy trading service bundled in alongside it. Aggressive scalpers, algo arbitrageurs, and cost-sensitive traders should look elsewhere first.

Minimum Deposit: $0
Trust Score: 85
Tradeable Symbols (Total): 344

Ratings Awards Historical Ranking

4.0

OVERALL SCORE

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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Pros and Cons Trust Score Range of Investments Fees Mobile Trading Apps Trading Platforms Research Education Final Thoughts Star Ratings FAQs

HFM pros and cons

thumb_up_off_alt Pros

MetaTrader 4 and MT5 enhanced by the FX Blue Premium Trader plugin suite.
Copy trading platform integrated into the HFM mobile app.
Quality FxStreet news feed and weekly Live Market View briefings.

thumb_down_off_alt Cons

Limited 344-symbol product offering.
No proprietary desktop or web platform.
Business terms restrict scalping, arbitrage, and AI-assisted strategies.

My top takeaways for HFM in 2026:

344 total tradeable symbols on MT5 from HFM's SVG entity, including 38 forex pairs and 10 crypto CFDs (crypto CFDs are not available to U.K. retail clients).
Average EUR/USD spread of 1.8 pips on the Pro account against a $100 minimum deposit; the commission-based Zero account is the lower total cost route for active MT4/MT5 traders.
MetaTrader 4 and MetaTrader 5 across desktop, web, and mobile, paired with the FX Blue-powered Premium Trader plugin suite.
Copy trading platform built into the HFM mobile app, with filtering by Max Drawdown, Performance Fee, Risk Score, and Gain.

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?

Trust Score

HFM is considered Trusted, with an overall Trust Score of 85 out of 99. HFM is not publicly traded and does not operate a bank, but is authorised by two Tier-1 regulators (Highly Trusted), three Tier-2 regulators (Trusted), zero Tier-3 regulator (Average Risk), and two Tier-4 regulators (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.

Feature	HFM
Year Founded info	2010
Publicly Traded (Listed) info	No
Bank info	No
Tier-1 Licenses info	2
Tier-2 Licenses info	3
Tier-3 Licenses info	0
Tier-4 Licenses info	2

Range of investments

HFM's product offering sits below many multi-asset competitors. I counted 344 total tradeable symbols on the broker's MT5 platform from its SVG entity, which is HFM's broadest jurisdictional offering. The bulk of that count is composed of 157 single-stock CFDs, 38 forex pairs, 12 indices, 12 ETFs, 10 crypto CFDs, 6 metals, 2 energies, and a handful of bond CFDs. For traders coming from a multi-asset broker with thousands of products on a single login, the step down is real. For traders whose strategies live mostly in the major forex pairs, gold, and the most-traded indices, HFM covers what they need.

Cryptocurrency: HFM offers 10 popular crypto CFDs across its main Cent, Zero, Pro, and Premium accounts, while the offshore InfinityX account is restricted to Bitcoin, Ethereum, and XRP. Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents except where they qualify as Professional clients.

Stocks and ETFs: I found 157 single-stock CFDs on the MT5 platform, falling to 88 on MT4. The selection skews toward widely held U.S. names alongside large-cap U.K. and EU listings, with 12 ETFs to complement the equity book. Physical share dealing is not offered, and the broker does not list options, futures, spread betting, or thematic indices.

Leverage: Leverage caps follow the local regulator in each of HFM's onshore jurisdictions. The exception is the offshore InfinityX account, which advertises unlimited leverage against a zero-margin requirement. A position taken at extreme leverage can lose the full account balance during a single adverse move. I would only recommend this account to professionals managing risk on a portfolio level.

Available investment products

During our audit, we verified access to 38 forex pairs and 344 total tradeable symbols on MT5 out of HFM's SVG entity, alongside CFDs spanning indices, commodities, equities, ETFs, and a small list of bonds.

Feature	HFM
Tradeable Symbols (Total) info	344
Forex Pairs (Total) info	38
Forex trading (Spot) info	No
Forex trading (CFDs) info	Yes
Forex trading (Options) info	No
Forex trading (Futures) info	No
Forex trading (Crypto) info	No
Commodities: Agriculturals info	Yes
Commodities: Oil info	Yes
Commodities: Gold info	Yes
Commodities: Silver info	Yes
U.S. Stocks (Shares) info	No
U.S. Stocks (CFDs) info	Yes
U.S. Stocks (Crypto) info	No
Global Stocks (Non-U.S. Shares) info	No
Global Stocks (Non-U.S. CFDs) info	No
24/5 Trading (U.S. Stocks - Shares) info	No
24/5 Trading (U.S. Stocks - CFDs) info	No
24/7 Trading (Crypto) info	No
Prediction markets info	No
Copy Trading info	Yes
Bitcoin (BTC) info	Yes
Ethereum (ETH) info	Yes
Cryptocurrencies (Total) info	10
Cryptocurrency (Underlying) info	No
Cryptocurrency (CFDs) info	Yes
Cryptocurrency (Futures) info	No
Disclaimers	Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Available funding options

Our tests confirm support for bank wire transfers, debit and credit cards, crypto deposits, Skrill, and Neteller across the broker's main entities. PayPal, Apple Pay, and Google Pay are currently unavailable.

Feature	HFM
Debit card (Deposit/withdraw) info	Yes
Credit card (Deposit/withdraw) info	Yes
Bank Wire (Deposit/Withdraw) info	Yes
Non-wire bank transfer info	No
Apple Pay (Deposit/Withdraw) info	No
Google Pay (Deposit/Withdraw) info	No
Crypto (Deposit/withdraw) info	Yes
Cryptocurrency (Wallet transfers) info	No
PayPal (Deposit/Withdraw) info	No
Skrill (Deposit/Withdraw) info	Yes
Neteller (Deposit/Withdraw) info	Yes

HFM fees

HFM's pricing sits in the middle of the field. On the Pro account, which is the broker's standard fixed-spread offering, I measured an average EUR/USD spread of 1.8 pips against a $100 minimum deposit. That number is above the spreads on the cheapest commission-free brokers on our slate, although it is broadly in line with the typical MetaTrader broker not running a raw-spread model on its standard account. The Premium account drops the minimum deposit to $0 but trades that off with materially wider spreads, while the Cent account is designed for traders sizing in micro-lots while they get their bearings.

For active traders, the Zero account is the option I would point to. It pairs raw-style spreads with a per-trade commission, which is a structurally lower total cost of trading than the Pro account once volume picks up. The offshore InfinityX account requires a $500 deposit, runs a 20% margin call threshold against a 0% stop-out level, and advertises unlimited leverage. The risk profile of that account is materially different from the other four. Positions taken at extreme leverage will hit the stop-out faster, and a violent move can wipe out the balance before the broker has time to issue a margin call.

Non-trading fees: HFM applies an inactivity fee on dormant accounts, with the schedule depending on the entity holding the account. The broker does not charge for international wire transfers, which is a point in its favor compared with peers that recoup wire fees at withdrawal time.

Overnight financing: Like every CFD broker on our slate, HFM applies overnight financing on positions held past the daily rollover, with the rate varying by instrument and direction. There is no guaranteed stop-loss order (GSLO) product, which means traders cannot pay a premium to cap overnight gap risk.

Trading fees

In our live pricing analysis, we observed an average EUR/USD spread of 1.8 pips on the Pro account; the Zero account inverts the structure with raw-style spreads and a per-trade commission.

Feature	HFM
Average spread (EUR/USD) - Standard account info	1.8 info
Average spread (EUR/USD) - Active trader account info	N/A
Commission per trade (EUR/USD) - Standard account info	N/A
Commission per trade (EUR/USD) - Active trader account info	N/A
Inactivity Fee info	Yes
International Wire Fee info	0
Minimum Deposit info	$0

Account types

We confirmed the availability of Cent, Zero, Pro, Premium, and the offshore InfinityX accounts during our evaluation, alongside a swap-free (Islamic) option. HFM does not offer a dedicated VIP or active trader tier.

Feature	HFM
Variable Spreads info	Yes
Fixed Spreads info	No
Active Trader Program info	Yes
VIP/Premium Account info	No
Professional Account info	Yes
Islamic Account info	Yes

Mobile trading apps

When testing the HFM mobile app, I placed trades on AUD/JPY, explored the copy trading offering, and benchmarked the charting tools against the apps available from competitors. The design is modern enough to feel current, with a five-button bottom navigation and country flags rendered against forex symbols, but the surface-level polish is not matched by what sits underneath. Placing a trade can be done in two taps with Quick Trading enabled, and the broker's MT4 and MT5 mobile apps are also available from the developer for traders who prefer a more familiar forex trading app.

Charting: The mobile charts ship with just 5 technical indicators and 11 drawing tools across 9 timeframes. That is enough to draw a trend line, place a Fibonacci retracement, and toggle between four sub-hour intervals before the higher-period charts, but it falls well short of the best apps in the category, which often carry close to 100 indicators and around 20 timeframes. Drag-to-modify trading from the chart is not supported, and there is no cross-device sync because HFM has no proprietary web counterpart for the mobile experience. Trendlines do save on a given chart, which is a small but welcome touch.

A screenshot of the HFM mobile app showing a candlestick chart for spot gold.

The HFM Android mobile application integrates technical analysis charting directly with order execution capabilities. The interface displays a candlestick chart for spot gold (XAU/USD), complete with drawing tools for plotting key trend lines. An active floating trade is clearly visualized with its real-time profit and loss tracking, positioned directly above prominent Sell and Buy execution buttons.

Order management: The default trade ticket lets you toggle between Units, Amount, and Lots. Stop-loss and take-profit toggles are present, but advanced order types are not. There are no trailing stops on the proprietary app, no guaranteed stop-loss orders, and no risk-reward visuals showing the ratio of value at risk to potential reward. I also ran into a bug while setting the stop-loss value with plenty of free margin available. The Loss Amount field appeared to be in an error state, and I had better luck setting the level by price in the Rate tab.

Discovery and copy trading: Watchlists outside the Favorites list are fixed, with no ability to build a custom list or pull up Top Gainers and Losers. There are no screeners and no AI-powered tools inside the app. The bright spot is copy trading, which sits inside the hamburger menu and lets you filter strategies by Max Drawdown, Performance Fee, Risk Score, Gain, and Account Type. Strategy detail pages took 3 to 5 seconds to load during testing, which I would expect to improve.

Available mobile platforms and tools

In our hands-on testing, we found 5 built-in charting indicators alongside 11 drawing tools and an integrated copy trading section, though the app lacks risk/reward visuals, chart-based drag-to-modify, and screeners.

Feature	HFM
Proprietary Mobile Trading App info	Yes
Android App info	Yes
Apple iOS App info	Yes
Mobile Price Alerts info	Yes
Mobile Charting - Draw Trendlines info	Yes
Mobile Charting - Trendlines Autosave info	Yes
Mobile Charting - Indicators / Studies info	5
Mobile Charting - Indicators Autosave info	No
Mobile Watchlists - Column Filtering info	Yes
Mobile Watchlists - Column Customization info	Yes
Mobile Watchlists - Create & Manage info	Yes
Mobile Watchlists - Syncing info	No

Trading platforms

HFM's trading platform offering centers on MetaTrader 4 and MetaTrader 5 across desktop, web, and mobile, with the broker's own HFM mobile app sitting alongside as a proprietary alternative for traders who want a lighter mobile experience. There is no proprietary web platform; the broker's website-advertised web app refers to its mobile experience rather than a separate browser-based platform. TradingView, cTrader, and integrated DOM-style depth-of-market are not part of the lineup. HFM does, however, organize the entire account management experience inside its client portal, including funding, demo and live account switching, and access to the copy trading web app.

Charting and execution: I worked primarily in MT5 during testing. The platform ships with 38 indicators and 19 drawing tools, with the ability to write custom indicators in MQL5 against the source code. Drag-to-modify a stop-loss or take-profit is supported, but you have to right-click into the chart and enable Trade Levels first. Once enabled, the experience is smoother than what the HFM mobile app offers, although still a step behind TradingView for the same task. One-click trading is supported once activated, the tick chart inside the trade ticket gives a real-time read on conditions as you place an order, and the Tile feature for arranging multiple chart windows is a nice quality-of-life touch on a multi-monitor setup.

A screenshot of the HFM MT5 desktop platform.

The HFM MetaTrader 5 (MT5) desktop platform delivers a highly customizable workspace tailored for advanced technical analysis and multi-asset monitoring. The interface seamlessly displays four active charts, including USD/JPY, USD/CHF, GBP/USD, and XAU/USD, allowing for efficient cross-market tracking.

Strategy testing and algo trading: The Strategy Tester in MT5 remains one of the strongest reasons traders pick MetaTrader. I have run extensive optimizations against the tester in the past, including one that took hundreds of hours to complete on a frequent-entry intraday strategy. MT5's cloud testing feature lets you offload that compute and shut your local machine off. Algo trading via Expert Advisors is natively supported on MT4 and MT5, but HFM's business terms prohibit arbitrage strategies, picking and sniping, and explicitly bar the use of artificial intelligence to analyze the platform. That last clause is broader than the language at most peers, which makes HFM a poor fit for active strategy traders.

Steven's take

"HFM explicitly prohibits traders from using artificial intelligence to analyze the trading platform, which is very broad. A trader using a Claude Chrome plugin with the platform open could be inadvertently flagged as violating the terms, even with no malicious intent."

Steven Hatzakis
Director of Online Broker Research

Plug-ins and signals: The broker offers a Premium Trader plugin suite from FX Blue Labs. Free access requires a $100 minimum deposit and at least one trade per month that stays open for longer than three minutes. The three-minute floor is HFM's guardrail against dormant accounts and ultra-short scalping flows that would otherwise qualify on a technicality. The bundle adds deal tickets, order templates, a central trading panel, and account-summary widgets to MT4 and MT5. Autochartist and HFM's Advanced Insights tooling are also delivered as MetaTrader plugins on the desktop. The MT5 Signals Market is disabled by HFM in favor of its own copy trading platform, which is reached from the client portal using your MT5 credentials.

Available trading platforms and features

Our platform walkthrough verified 38 charting indicators on MT5, alongside one-click trading and the FX Blue-powered Premium Trader plugin suite, though it excludes TradingView and cTrader.

Feature	HFM
Desktop Platform (Windows) info	Yes
Desktop Platform (Mac) info	Yes
MetaTrader 4 (MT4) info	Yes
MetaTrader 5 (MT5) info	Yes
FX Blue info	Yes
Proprietary Desktop Trading Platform info	Yes
Proprietary Web Trading Platform info	No
TradingView info	No
cTrader info	No
Algorithmic trading info	Yes
API Access info	No
Charts can be saved info	Yes
Client sentiment data info	Yes
Trading Signals info	Yes
Price Alerts info	Yes
Virtual Private Server (VPS) info	Yes
Virtual Trading (Demo) info	Yes
Charting - Indicators / Studies (Total) info	38
Charting - Trade From Chart info	Yes
Charting - TradingView info	No

Available order types

We verified the availability of market, limit, stop, and stop-limit orders, alongside post-trade trailing stops on the MetaTrader platforms. OCO and OTO order types are not supported, and HFM does not offer guaranteed stop-loss orders.

Feature	HFM
Order Type - Market info	Yes
Order Type - Limit info	Yes
Order Type - Stop info	Yes
Order Type - Trailing Stop info	Yes
Order Type - OCO info	No
Order Type - OTO info	No
Order Type - GSLO info	No

Research

The research experience at HFM is split between an in-house feed and a small set of third-party plugins for MetaTrader. The in-house piece is the stronger of the two. I counted 4 to 5 fresh articles a day inside the HFM mobile app from the broker's own analysts, distinguished cleanly from the FxStreet news headlines that share the feed. The Live Market View series, recorded as webinars and archived on the broker's YouTube channel, is a credible weekly fixture. A 44-minute breakdown of a U.S. CPI release I watched during testing walked through price action on the firm's own MT5 charts and held up well against the briefings I see from leading competitors.

News and macro: The MetaTrader platform pipes in FxStreet headlines, a Tier-1 source not every MetaTrader broker bothers to integrate. The economic calendar is also FxStreet-powered and supports filtering across twelve event categories ranging from Holidays to Central Bank actions. Clicking into a single event does not return additional historical context, which I would have liked to see. The Earnings Calendar is a static table laid out by company logo, useful at a glance but not interactive.

A screenshot of the research and news available on the HFM website.

The HFM website incorporates a structured informational workspace that divides daily commentary into scannable subcategories, including Market Forecasts and HFM Insights. This dashboard offers written coverage on macroeconomic topics ranging from global equity updates to major central bank policies.

Third-party plugins: Autochartist and HFM's AI-driven Advanced Insights run as MetaTrader plugins on the desktop platform, where most of the broker's signal and sentiment-driven research lives. TradingView, Trading Central, and TipRanks are not part of the offering. Client sentiment data is surfaced through the plugin layer alongside news-to-market matching widgets. For traders who want signals and sentiment without leaving their charting platform, that is a workable setup. However, for traders who want a unified research dashboard inside the broker's own platform, it is a step short.

Podcasts: Podcasts round out the offering with around 10 audio recordings of roughly an hour each, covering scalping, day trading risk management, and trading psychology. The podcast page does not surface recording dates, which made it hard to tell which episodes were recent.

Available research tools

Our analysis highlights daily in-house analyst articles, weekly Live Market View webinars, and a FxStreet-powered news and economic calendar, alongside Autochartist and Advanced Insights inside MetaTrader; TradingView, Trading Central, and TipRanks are not available.

Feature	HFM
Forex News (Top-Tier Sources) info	Yes
Daily Market Commentary (Articles) info	Yes
Daily Market Commentary (Videos) info	No
Economic Calendar info	Yes
Research - Earnings Calendar info	Yes
Acuity Trading info	Yes
Autochartist info	Yes
TipRanks info	No
Trading Central info	No
Mobile Research - News info	Yes
Mobile Research - Economic Calendar info	Yes
Mobile Research - Market Movers info	No

Education

HFM's education library is aimed squarely at beginners. The broker runs a beginner course of around 55 minutes broken into 11 bite-sized clips of 3 to 5 minutes apiece, taught by Andria Pichidi and Michalis Efthymiou, who bring more than a decade of combined market experience between them. The clips are well-recorded and the subject matter is handled competently, but the format is shallow by design and the lessons are not paired with written articles, quizzes, or any form of progress tracking.

The HFM educational portal features a structured training module titled "The Financial Trading Markets for Beginners." The interface organizes its video-based material into a chronological sequence of eleven distinct lessons, systematically introducing topics such as contract specifications, margin mechanics, and the basics of both fundamental and technical analysis.

Platform tutorials: There is a small set of platform walkthrough videos on the broker's YouTube channel, including how to download MT4 on Android and how to choose a strategy provider on the copy trading platform. The website's tools section adds help-center style articles for VPS Hosting, Autochartist, Trading Calculators, and Advanced Insights. The video library is thin compared with the structured platform tutorials I have tested on more education-forward brokers.

Webinars and contextual learning: The mobile app surfaces upcoming webinars by language with a one-tap registration flow, which is one of the cleanest webinar discovery experiences I have used on a mobile broker app. Contextual learning inside the trade ticket is sparser as there are no tooltips on the mobile app's order dialogue, no asset descriptions beyond the full security name (AUDJPY shows "Australian Dollar vs Japanese Yen"), and no guided trade-ticket walkthrough for new clients. Error messages on invalid prices or out-of-range trade sizes are present and legible, which is the bar most brokers clear.

Available educational offerings

We found a beginner-friendly course library with bite-sized video lessons, supplemented by podcasts, multilingual webinars, and platform-specific articles. Progress tracking, quizzes, and structured assessments are not part of the curriculum.

Feature	HFM
Education (Forex) info	Yes
Education (CFDs) info	Yes
Education (Crypto) info	No
Education (Stocks) info	Yes
Education Area (Website) info	Yes
Education Area (Mobile App) info	Yes
Webinars info	Yes
Videos - Beginner Trading Videos info	Yes
Videos - Advanced Trading Videos info	Yes

Final thoughts

HFM gives MetaTrader-first traders a reasonable home for MT4 and MT5 with a copy trading service bundled into the mobile app and a quality news feed from FxStreet. What holds it back from competing with the top forex brokers we review is a 344-symbol product offering, an EUR/USD spread that sits above the cheapest providers, and business terms that explicitly target scalping, arbitrage, and AI-assisted analysis of the platform.

If you want MetaTrader plus integrated copy trading from a multi-regulated broker, HFM is a workable choice. If you're focused on tight spreads, deep research with TradingView or Trading Central, or active strategy flexibility, other alternatives from among the very best forex brokers we cover may be a better fit.

HFM's Star Ratings

Feature	HFM
Overall Rating info
Trust Score info	85
Range of Investments
Trading Fees
Trading Platforms
Research
Mobile Trading
Education

FAQs

Does HFM require a minimum deposit?

HF Markets (HFM) offers four main account types in addition to its offshore InfinityX option: Cent, Zero, Pro, and Premium. Among these, only the Pro account requires a minimum deposit of $100; the Cent, Zero, and Premium accounts have no minimum deposit requirement. The InfinityX account requires a $500 deposit and runs a different margin call and stop-out structure suited to extreme leverage trading.

Is HFM legal in the U.S.?

No. HFM is not authorized by the Commodity Futures Trading Commission (CFTC) or registered with the National Futures Association (NFA), so it does not accept U.S. residents as clients. U.S.-based traders looking for forex or CFD access should review our list of CFTC-regulated forex brokers.

Does HFM offer copy trading?

Yes. HFM operates a proprietary copy trading platform that sits inside the HFM mobile app and the broker's client portal. You can browse strategy providers and filter by Followers, Risk Score, Account Type, Gain, Max Drawdown, and Performance Fee. The minimum copy amount starts at $10 on the Cent account, which keeps the entry point lower than at many copy trading peers, although the platform is still less developed than dedicated copy trading services like eToro and ZuluTrade.

How can I withdraw funds from HFM?

HFM supports withdrawals via bank wire transfer, debit and credit cards, Skrill, Neteller, and a small number of crypto channels, with the exact menu depending on the entity holding your account and the deposit method used. The broker does not charge for international wire transfers and does not currently support PayPal, Apple Pay, or Google Pay.

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.

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