HFM HFM Broker

HFM HFM Broker

This includes energy derivatives such as Brent and Crude oil, as well as natural gas, which has low spreads and no commissions. There are also agricultural commodities to choose from, including coffee, copper, and sugar. With ten options available from as little as $10, our review found that HotForex is a great choice for commodity trading. Our HotForex forex broker review team was pleased to find that HotForex offers instruments in 8 different asset classes. Whilst the total number of instruments is less than at similar brokers, the different asset classes give you a chance to protect your portfolio by choosing non-correlated options.

Discover Multiple Platforms

Like a lot of forex brokers, HotForex utilises MetaTrader as their trading platform. This is ideal for those traders who are well used to using this trading platform and it is quite easy to pick up for those who don’t have any experience using it. Throughout our review of HotForex forex broker, our experts found that providing superior trading execution is a main priority for the broker. They offer the ability to enjoy both STP and ECN trading (ECN is available through the Zero Spread Account) and obtain liquidity through major world banks. All account types can perform market execution – a faster and more sophisticated method than instant execution. This also means that there are no requotes, no limits on trading strategies, and the price is provided directly from the market.

• I always recommend that traders check them before evaluating the total trading costs.
• HotForex offers a diverse range of markets, allowing you to trade on various asset classes and potentially diversify your portfolio.
• When reviewing HotForex’s trading platforms, we were impressed to find that the broker offers a full MetaTrader suite.
• Traders can use virtual money up to $100,000 so that they do not risk any money from their equity.
• HotForex is headquartered in St. Vincent & The Grenadines, where unsurprisingly, there is a lack of proper regulatory organization that takes care of the customers.
• HFM aspires to lead the industry through the adoption of cutting-edge technology, innovative system solutions, and unparalleled customer service.
• The HFM Trader’s Board has data on how HFM clients trade and a lucrative partnership program is also available.

Withdrawal Options

I like the investment HFM made into upgrading the sub-standard out-of-the-box MT4/MT5, ensuring traders have an edge in financial markets. HFM offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist. They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module. The upgrades result in a very competitive solution, and HFM also developed its proprietary mobile app, HF App. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. HFM offers traders commission-free Forex trading with higher spreads, a highly competitive commission-based alternative.

The company has implemented several measures to protect against potential financial loss. One of these measures is a Civil Liability insurance program with a limit of €5,000,000. HFM broker allows its users to choose from 4 base currencies to denominate their account. Best of all, these platforms are available in various versions, such as desktop, mobile, and web, so you can trade whenever and wherever you want.

HotForex Exclusive Trading Tools

You can choose to trade both silver and gold, with Euro and US dollar options. One key advantage of utilizing HotForex to trade in this market is the absence of foreign exchange exposure. Metals at HotForex have low spreads and zero trading commissions, making the trading experience particularly lucrative. With 50 forex currency pairs available, HotForex gives you access to the most liquid assets in the world. Additionally, certain account types offer tight spreads starting from 0 pips. In short, this platform greatly benefits professional retail traders and corporations but do note that it isn’t possible to use this platform immediately.

Is HFM a regulated broker?

The commission-free trading account lists a minimum spread of 0.5 pips but carries an average one of 1.4 pips or $14 per 1.0 standard lot. The commission-based alternative commences with a raw spread of 0.0 pips and average spreads of 0.2 pips for a commission of $6.00 per lot or total costs of $8.00 for major currency pairs. As a trusted and secure Forex brokers HFM has its hard-earned and well-deserved reputation to uphold. All client deposits remain segregated from corporate funds, and HFM provides negative balance protection to all traders. I like the range of products HFM provides, starting with the 12-plugin upgrade for MT4/MT5.

Provide your country of birth, full address, and select a base account hotforex broker currency. HotForex does, however, charge an inactivity fee on all accounts that remain dormant for more than six months. If your account is unused for between six months and one year, a $5 fee is charged. This increases to $10, $20, and the previous year’s fee + $10 per month for inactivity periods of 1-2 years, 2-3 years, and over 3 years respectively.

• Once you are satisfied with the trading conditions of the broker, you may proceed with real trading.
• The margin requirement for all is 7 per cent and the typical spread varies by share.
• HF Markets Group in Saint Vincent & the Grenadines, Deloitte-audited, client funds segregated, industry-awarded for superior service.
• There is a full range of platforms, including for desktops, laptops, smartphones, and tablets.
• Since 2010, HFM has empowered traders to pursue opportunities in the financial markets.

HotForex Leverage

Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors. Founded in 2010, HFM is a renowned broker with multiple regulations and ultra-fast executions of over 1000 trading instruments on its proprietary and MetaTrader platforms. The broker has received over 60 industry awards for outstanding performance. Our comprehensive 2025 review covers trading fees, pros and cons, and everything you need to know before opening an account with our trusted forex broker. Established in 2010, HotForex has a strong reputation for competitive trading conditions, robust customer support, and industry awards. Hotforex has over 50 currency pairs available, giving you plenty of options.