Introduction
HFM, formerly known as Hotforex, is a brokerage established in 2010 under the HF Markets Group. The company's headquarters is located in Cyprus, with additional offices in South Africa and Dubai. HFM is also licensed by various financial authorities worldwide. After 10 years of development, HFM has achieved significant milestones, including over 2.5 million registered accounts, 45 industry awards, and a team of more than 200 employees globally.
Account Registration and Payment Methods
The account registration process on HFM is designed to be easy and fast, allowing users to access the market in just a few minutes. Users need to provide personal information, verify their identity, and complete a deposit to start trading. Regarding payment methods, HFM supports various flexible options, including credit cards, bank transfers, e-wallets (Skrill, Neteller), and local payment gateways. All transactions are encrypted to ensure complete safety and security.
Trading Platforms and Tools
HFM supports advanced trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with the HFM platform, which features tools like automated trading (EA), technical analysis, and a customizable interface. Additionally, the HFM mobile app allows clients to trade anytime, anywhere. Other trading tools are also available to enhance the trading experience.
Account Types and Trading Conditions
HFM offers several account types to meet the diverse needs of clients, including the Micro Account with a low minimum deposit, ideal for beginners; the Premium Account for experienced traders with competitive spreads and advanced features; the Zero Spread Account offering zero spread on many currency pairs, perfect for short-term strategies; and the Auto Account for those who wish to use automated trading services. HFM also provides Islamic (swap-free) accounts for clients who follow Sharia financial principles.
Trading Instruments
One of HFM's strengths is the range of markets they offer, including 17 trading instruments and over 150 trading products, allowing clients to easily access the global market. These products include Indices, Metals, Energy, Stocks, Commodities, Bonds, ETFs, DMA Stocks, and, due to growing demand, HFM now also provides cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, and more.
Customer Support and Education
HFM provides professional 24/5 customer support services and a rich educational system, including webinars, trading guides, and in-depth articles, to help users improve their financial skills and knowledge.
