๐Broker |
๐ฅHFM |
Company Information |
|
๐จโ๐ผ Year Founded |
2010 |
๐ฉโ๐ผ๐จโ๐ผ Current CEO |
George Koumantaris |
๐ฉโ๐ผ๐จโ๐ผ Founder/s |
George Koumantaris, Marcos Kappos |
๐ฅ Amount of staff |
200+ globally |
๐จโ๐ป Amount of active traders |
Over 2 million |
๐ Publicly Traded (Listed Company) |
No |
Regulation and Security |
|
๐ฌ๐ง Regulation |
FCA (UK), FSCA (South Africa), CySEC (Cyprus), DFSA (Dubai), FSA (Seychelles) |
๐ฌ๐ง Country of regulation |
United Kingdom, South Africa, Cyprus, Dubai, Seychelles |
๐ผ Account Segregation |
Yes, client funds are kept in segregated accounts |
๐ซ Negative balance protection |
Yes, available to retail clients |
๐ Two-step Authentication |
Yes, supports 2FA for extra account security |
๐ก๏ธ Investor Protection Schemes |
Yes, clients are protected under the Investor Compensation Fund (ICF) in Europe |
Account Types and Features |
|
๐ฆ Institutional Accounts |
Yes, available for institutional clients |
๐ Managed Accounts |
Yes, PAMM and MAM accounts are offered |
๐ฑ Minor account currencies |
USD, EUR, ZAR, NGN, GBP, and more |
๐ฐ Minimum Deposit |
USD 0 / 0 ZAR |
Trading Conditions |
|
โณ Average deposit/withdrawal processing time |
Deposits: Instant; Withdrawals: 1-3 business days |
๐ต Fund Withdrawal Fee |
No fees for most methods, but some third-party charges may apply |
๐ Spreads from |
As low as 0.1 pips on the Zero Spread account |
๐ธ Commissions |
$3 per lot on Zero Spread accounts |
๐ Number of base currencies supported |
10+ (including USD, EUR, ZAR, NGN, and GBP) |
๐ Swap Fees |
Swap fees vary by instrument, but Islamic (swap-free) accounts are available |
๐ Leverage |
Up to 1:1000 depending on the jurisdiction and account type |
๐ Margin requirements |
Starting at 0.5%, varies by asset class and leverage level |
๐ Islamic account (swap-free) |
Yes, available for all account types |
๐ Demo Account |
Yes, unlimited free demo accounts |
โฑ๏ธ Order Execution Time |
< 1 second on average |
โ๏ธ VPS Hosting |
Yes, free VPS for qualifying traders |
๐ Global Offices |
Multiple locations worldwide: Cyprus, UK, Dubai, South Africa, Seychelles |
๐ One-Click Trading |
Yes, available on MT4 and MT5 platforms |
๐ค Expert Advisors |
Yes, fully supported on MT4 and MT5 |
Trading Instruments |
|
๐ CFDs-Total Offered |
1,200+ CFDs |
๐ CFD Stock Indices |
Yes, 15+ indices available |
๐ข๏ธ CFD Commodities |
Yes, includes Gold, Oil, and Silver |
๐ CFD Shares |
Yes, 50+ global stocks |
๐ Watch list |
Yes, customizable watchlists |
๐ Trade Alerts |
Yes, available through the platforms |
๐ Trading Stocks with GP |
Yes, stock trading is available via CFDs |
๐ Trading Indices with GP |
Yes, index trading via CFDs available |
๐ ๏ธ Swap on trading board |
Yes, swaps are visible on the trading platforms |
Deposits and Withdrawals |
|
๐ณ Deposit Options |
Credit/Debit Card, Bank Transfer, E-wallets (Skrill, Neteller), Crypto |
๐ธ Withdrawal Options |
Bank Transfer, Credit/Debit Card, E-wallets (Skrill, Neteller), Crypto |
๐ Welcome Bonus |
Yes, 100% SuperCharged Bonus available |
Trading Platforms and Tools |
|
๐ป Trading Platforms |
MetaTrader 4 (MT4), MetaTrader 5 (MT5), HFM mobile app |
๐ฆ Stop-loss Instrument |
Yes, fully supported |
๐ก๏ธ Investor Protection Schemes |
Yes, as per regulation, compensation schemes apply |
๐ฅ๏ธ OS Compatibility |
Windows, Mac, Linux, Android, iOS |
๐ง Forex trading tools |
Yes, Autochartist, Trading Central, and more |
๐ฌ Customer Support |
|
๐ฌ Live chat availability |
Yes, 24/5 live chat support |
๐ง Customer Support Email address |
support@hfm.com |
๐ Customer Support Contact Number |
+44 123 456 7890 |
๐ Languages supported on HFM Website |
English, Afrikaans, Arabic, Chinese, and more |
Educational Resources and Support |
|
๐ Beginners Trader friendly UX |
Yes, beginner-friendly platform design |
๐ Forex course |
Yes, free educational courses available |
๐ฅ๏ธ Webinars |
Yes, regular free webinars provided |
๐ Educational Resources |
Yes, includes tutorials, eBooks, and market analysis |
Partnerships and Programs |
|
๐ค Affiliate program? |
Yes, generous affiliate program offered |
๐ค Amount of partners |
1,000+ affiliates globally |
๐ IB Program |
Yes, multi-tier IB (Introducing Broker) program available |
โฝ Do they sponsor any notable events or teams? |
Yes, HFM sponsors various sports teams and events |
๐ฐ Rebate program |
Yes, rebate program for active traders |
๐จ๏ธ Community Forum |
Yes, online trader community and forum available |
Social Media Platforms |
|
๐ Official Website address |
hfm.com |
๐ Official Facebook Page |
HFM Facebook |
๐ฆ Official Twitter Page |
HFM Twitter |
๐บ Official YouTube Channel |
HFM YouTube |
๐ Official Linkedin Page |
HFM LinkedIn |
๐ธ Official Instagram Page |
HFM Instagram |
Regulatory Status in South Africa |
|
๐ฟ๐ฆ Accept South Africa Traders? |
Yes |
๐๏ธ Is HFM regulated by the South Africa regulatory body (FSCA)? |
Yes, licensed under FSCA |
๐ค Does HFM offer an Affiliate Program for South African Traders? |
Yes, dedicated SA affiliate program |
๐ฑ Does HFM allow accounts to be opened in ZAR / Rands? |
Yes, ZAR-denominated accounts supported |
๐Open Account |
๐Open Account |
Discussion about this post