HFM (HF Markets) is a brokerage firm that offers a range of trading services, including a proprietary copy trading platform, HFcopy, and a good selection of over 1,000 CFDs and 47 forex pairs. They provide in-house market analysis, third-party research content, and news. While their trading costs are slightly above the industry average, they offer Premium Trader Tools, developed by FX Blue Labs, which enhance the default MetaTrader suite. HFM has a mobile app that supports trading of 1,200 markets and recently introduced the ability for traders to earn interest on their unused margin.
Trading Instruments
HFM (HF Markets) offers a wide range of trading instruments, including:
- Forex: Over 47 currency pairs, including major, minor, and exotic pairs.
- Commodities: Gold, silver, crude oil, and other metals and energy products.
- Indices: Over 10 global stock indices, including the US30, UK100, and GER30.
- Shares: Over 100 major company shares, including Amazon, Facebook, and Apple.
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Ripple.
- Bonds: US and European government bonds, as well as corporate bonds.
- ETFs: Over 20 ETFs covering various sectors, including technology, healthcare, and energy.
Overall, HFM offers a diverse range of trading instruments for traders to choose from, providing them with opportunities to diversify their portfolio and trade across multiple markets.
Trading Conditions
HFM (HF Markets) offers a range of trading conditions, which can vary depending on the account type chosen. Here are some key features of their trading conditions:
- HFM offers a variety of account types. Each account type has its own minimum deposit requirement, trading conditions, and features.
- Spreads on HFM’s trading instruments can start as low as 0.0 pips for some account types.
- Maximum leverage on HFM’s trading instruments can vary depending on the account type chosen, with a maximum of 1:1000 for certain account types.
- HFM charges commission on some account types, while others have no commission but higher spreads.
- Execution: HFM offers both Market Execution and Instant Execution, depending on the account type and trading instrument.
- Margin Call/Stop Out Levels: HFM’s margin call and stop out levels can vary depending on the account type and trading instrument, but generally range from 40% to 100% for margin call and from 10% to 50% for stop out.
HFM’s trading conditions are competitive, with tight spreads and high leverage available on some account types. Traders should carefully consider the features and conditions of each account type before choosing the one that best suits their trading needs.
HFM (HF Markets) Account Types
HFM offers five different types of trading accounts to cater to the needs of different types of traders. These accounts include Micro, Premium, Zero Spread, PAMM (Premium), and HFCOPY.
Micro Account:
- The Micro account is designed for beginners who want to start trading with a small amount of money. This account requires a minimum deposit of $5 and offers a maximum leverage of 1:1000. The spreads on this account are floating and start from 1 pip. The maximum number of open orders on this account is 150.
Premium Account:
- The Premium account is suitable for experienced traders who want to trade with larger amounts of money. This account requires a minimum deposit of $100 and offers a maximum leverage of 1:500. The spreads on this account are floating and start from 1 pip. The maximum number of open orders on this account is 500.
Zero Spread Account:
- The Zero Spread account is designed for traders who want to trade with minimal spreads. This account requires a minimum deposit of $200 and offers a maximum leverage of 1:500. The spreads on this account start from 0 pips for currency and gold trading. However, there is a maximum limit of 60 standard lots per position, and the maximum number of open orders is 500.
PAMM (Premium) Account:
- The PAMM (Premium) account is designed for experienced traders who want to manage multiple trading accounts simultaneously. This account requires a minimum deposit of $250 and offers a maximum leverage of 1:300. The spreads on this account are floating and start from 1 pip. The maximum number of open orders on this account is 500.
HFCOPY Account:
- The HFCOPY account is designed for traders who want to copy the trades of experienced traders. This account requires a minimum deposit of $500 for the Strategy Provider and $100 for the Follower. The maximum leverage on this account is 1:400, and the spreads start from 1 pip. The maximum number of open orders on this account is 300.
Each account has its unique features and trading conditions, which are suitable for different types of traders. Traders can choose an account based on their trading needs and preferences.
Regulation and Security
HFM (HF Markets) is regulated by several financial regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Sector Conduct Authority (FSCA) in South Africa. This multi-jurisdictional regulation helps to ensure that HFM adheres to the highest standards of financial conduct and client protection.
In addition to regulatory oversight, HFM employs advanced security measures to protect clients’ funds and personal information. The broker uses SSL encryption to safeguard sensitive data transmitted between the client’s device and HFM’s servers, while client funds are held in segregated accounts with top-tier banks. HFM also participates in the Financial Services Compensation Scheme (FSCS) in the UK, which provides protection for eligible clients in the event of the broker’s insolvency.
Overall, HFM’s strong regulation and security measures help to provide clients with a safe and secure trading environment.
Conclusion on HFM (HF Markets)
HF Markets is a well-regulated and established broker that offers a range of trading instruments, platforms, and account types to suit the needs of traders of all levels. The broker’s proprietary Premium Trader Tools and in-house research team provide additional value to clients, while its multi-jurisdictional regulation and strong security measures ensure a safe and secure trading environment.
However, it’s worth noting that trading costs at HFM are slightly above the industry average, and its educational content could be more extensive. Additionally, while its copy trading platform, HFcopy, is a useful tool, it may not be as mature as some of its competitors. Overall, HFM is a reputable and reliable broker that could be a good choice for traders who value regulatory oversight and a diverse range of trading options.
With this broker I trade cross-pairs and cryptos. I chose a Zero Spread account for this purpose because it offers the best spreads. I have been trading with the broker for nearly a month. This time was enough for me to make sure that I’m dealing with a trustworthy company. I don’t want any unpleasant surprises such as the impossibility to withdraw money when I mostly need and I don’t face it here.
It is no longer a competition, it is a beatdown. I have not used a broker this magnificent before. The broker simply has everything. Name anything that you think a broker should have in this modern day and,,, HFM is fully equipped.
I like to trade here. Company provides a nice trading software and interesting technical solution for clients.