HFM, formerly known as HotForex, is a multi-asset regulated global broker that provides trading services to both retail and institutional clients. With a strong focus on offering a secure trading environment, HFM caters to traders of all levels, from beginners to advanced.
The broker offers a wide range of trading instruments, including Forex, commodities, bonds, metals, energies, shares, and indices, with leverage up to 1:2000. HFM provides ultra-fast execution, quick deposits and withdrawals, and swap-free accounts to meet the diverse needs of traders.
The broker's mobile app has been recognized as the Best Forex Trading App by Capital Finance, offering a modern and intuitive trading experience. Overall, HFM stands out for its comprehensive trading accounts, tailored to suit various trading styles and experience levels
Promotions and Bonuses
Top Up Bonus 20%
Applies to every transfer to the account
Bonus up to $5000
Available to all clients
Profits withdrawable
Trade and Win a Trip to El Nido & Boracay
Trade and enter the lucky draw for a chance to be one of the TEN lucky traders to win an amazing trip to Boracay or El Nido or cash rewards to trade or withdraw!
HFM Gadget Giveaway
HFM offers a free lucky draw to its followers, where one lucky winner will receive one of the coolest gadgets available on the market.
HTA Award
The number one trader will be awarded the HTA award and a $1000 cash prize as a showcase to the superb skills that lead to an excellent performance.
Return on Free Margin (ROFM) Program:
HFM’s ROFM program gives traders the chance to receive daily earnings from a $1,000,000 prize pool of up to 3% on their daily free margin, funded directly to their account.
HFM Trading Rewards Loyalty Program:
Participants in the HFM Trading Rewards Loyalty Program can earn HFM Bars that can be exchanged for a credit bonus, cash, or trading services.
HFM Merchandise:
HFM offers a wide range of top-quality products branded with the HFM logo to its loyal traders and partners.
Trading Details
Additional Detail
Spreads and Fees
1. Spreads:
HFM offers variable spreads that start from 0.1 pips, depending on the account type and market selected
It is important to note that spreads may vary depending on the trading instrument, account type, and market conditions. HFM provides a live spread comparison graph on their website that depicts spreads of HFM and various forex brokers in real-time for the most popular currency pairs and instruments
2. Commission:
HFM charges commissions starting from $3 USD, depending on the account and market selected.
HFM Affiliates offers 60% and more Revenue Sharing for referred direct clients, and a commission for the sub-affiliates program.
HFM Affiliates also gives a chance to earn a standard amount per lot traded on forex.
3. Swap Fee:
HFM charges swap fees, also known as rollover or overnight fees, for holding positions open overnight on derivatives. The swap fee amount depends on the instrument being traded, the trading account currency, and the trade size. HFM provides a swaps calculator on their website to help traders calculate their swap fee
4. Inactivity Fee
HFM does charge an inactivity fee on all accounts that are inactive for more than a six-month time period. If an account is unused for between six months and one year, a $5 fee is charged.
Education and Research
Educational Videos
HFM offers an e-Course as part of its educational videos. The e-Course is designed to teach traders in simple terms about the forex market and to help them understand basic Forex Market Trading concepts and strategies
Webinars
HFM offers trading webinars as part of its educational resources. Traders can sign up for free weekly webinars to learn trading online and improve their trading skills with industry tips and knowledge from HFM’s forex experts
Seminars
HFM offers trading seminars and events as part of its educational resources. These events are hosted by HFM’s experts and provide traders with unique and invaluable opportunities to meet the team in person and gain exclusive trading knowledge.
Podcasts
HFM’s Trading the Markets Podcast covers topics such as forex trading, stock trading, investment strategies, and more
Customer Support
1. Phone Support: HFM provides phone support for its clients. The customer support phone number for HFM is +44-8450950084 Fax: +44-2030978570 Account Managers Department +44-2030978572
2. Email Support: Traders can contact the Execution Desk at tradingdesk@hfm.com.
Here are the email support links for HFM based on the search results:
- Customer Support: support@hfm.com
- Affiliates Support: partners@hfm.com
- Affiliates Department: affiliatesdept@hfm.com
- Introducing Brokers: ib@hfm.com
- White Label Partnership: whitelabel@hfm.com
- Spanish: supportlatam@hfm.com
- Arabic: arabic@hfm.com
- Chinese: supportcn@hfm.com
- Korean: kr@hfm.com
3. FAQ section: HFM has a comprehensive FAQ section on its website that provides answers to the most frequently asked questions regarding HFM trading accounts, platforms, spreads, regulations, and policies
The educational resources offered by HFM are comprehensive and valuable. They have helped me develop my trading skills and improve my profitability.