HFM

HFM operates under multiple separate regulatory licenses across the HF Markets Group — FCA (UK, 801701), CySEC (EU, 183/12), FSCA (South Africa, 46632), DFSA (Dubai), CMA (Kenya, 155) and FSA Seychelles (SD015) — not one unified global license. No single regulator supervises the entire group. Most international retail traders are onboarded to HF Markets (SV) Ltd, a St. Vincent & the Grenadines company registration rather than a securities regulator's license. Confirm your onboarding entity and its exact protections before funding.

HFM lists a $0 minimum deposit on the Cent, Zero and Premium accounts under most entities — your actual first deposit is effectively set by your payment method's own minimum. The Pro account requires $100/€100, and InfinityX requires $500. Regulated entities (e.g. FCA UK) may apply different minimums and account availability.

HFM supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus a proprietary HFM mobile app for iOS and Android, and a web-based trader terminal. EAs and automated strategies are supported on MT4/MT5, subject to account-type terms.

Leverage depends on the entity that onboards you. Clients under the FCA-regulated UK entity are capped at 1:30 on major forex pairs — a regulatory requirement. Clients under offshore entities (e.g. HF Markets (SV) Ltd) may access leverage up to 1:2000 on Cent, Zero, Pro and Premium accounts, while the InfinityX account advertises unlimited leverage, subject to HFM's terms and conditions. Confirm which entity governs your account before assuming a leverage figure applies.

The Zero account quotes spreads from 0.0 pips on forex and charges a separate per-lot commission. HFM does not publish the exact commission rate on its public account-comparison page — confirm the current per-lot rate in your client area or via HFM support before calculating round-turn costs.

HFM's security-of-funds page states that client money is held in segregated accounts and that negative balance protection resets a negative balance to zero. HFM also references a group insurance program covering up to EUR 5 million on some regional pages. These are broker-published statements — ask HFM directly to confirm in writing how they apply to your specific entity and account type.

It depends on your country of residence at signup. UK clients are onboarded to HF Markets (UK) Ltd (FCA 801701). South African clients may be onboarded to HF Markets SA (PTY) Ltd (FSCA 46632). Most other international clients are onboarded to HF Markets (SV) Ltd, registered in St. Vincent & the Grenadines (22747 IBC 2015) — a company registration, not a securities license. Confirm the exact entity name shown on your account agreement.

Yes. HF Markets Group traded under the consumer brand HotForex from 2010 until 2022, when the group rebranded all consumer-facing properties to HFM. The legal corporate structure did not change — only the public brand name did.