Min Deposit
$0
Spread From
0.0 pips
Max Leverage
1:30 (UK/EU) / 1:2000 (international)
Founded
2010
About HFM
HFM (formerly HotForex) is a globally regulated broker offering a wide selection of account types, from zero-spread ECN accounts to cent accounts for beginners practicing with small position sizes.
Account Types & Pricing
| Account | Min Deposit | Spread | Commission | Leverage |
|---|---|---|---|---|
| Standard | $0 | 0.0 pips | None | 1:30 (UK/EU) / 1:2000 (international) |
| Raw/ECN | $200 | 0.0 pips | $3.5 per lot side | 1:30 (UK/EU) / 1:2000 (international) |
| VIP/Pro | $2000 | 0.0 pips | Reduced/rebated | 1:30 (UK/EU) / 1:2000 (international) |
Pros
- + Broad range of account types including cent accounts
- + No minimum deposit on entry-level accounts
- + Strong regional presence in Asia and Africa
Cons
- - Very high leverage tiers carry outsized risk
- - Best pricing reserved for higher account tiers
Frequently Asked Questions
Is this broker regulated?
Yes, this broker is regulated by one or more recognized financial authorities. Always verify the specific regulated entity that will hold your account before depositing funds.
What is the minimum deposit?
The minimum deposit varies by account type. See the pricing tiers above for account-specific minimums.
What trading platforms are supported?
This broker supports the platforms listed above, typically including MetaTrader 4 and/or MetaTrader 5 alongside any proprietary web or mobile apps.
Can I open a demo account?
Most brokers, including this one, offer a free demo account funded with virtual currency so you can test strategies risk-free before trading live.
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