Who you are actually signing with
HFM's regulatory page lists seven companies. Five carry a licence: HF Markets (Europe) Ltd (CySEC 183/12), HF Markets (UK) Ltd (FCA 801701), HF Markets SA (PTY) Ltd (FSCA, FSP 46632), HF Markets (Seychelles) Ltd (Seychelles FSA, SD015) and HFM Investments Ltd (Capital Markets Authority Kenya, licence 155). A sixth, in Cyprus, handles payments for the group. The seventh is HF Markets (SV) Ltd, an international business company in St Vincent and the Grenadines, registration 22747 IBC 2015, with no regulator named.
The page states that UK clients sit with the FCA company and EU clients with the CySEC one, not which company serves everyone else; the international footer names HF Markets (SV) Ltd first. The EU domain redirected us to the international site and the UK path served the same account table, so neither set of regional retail terms was readable. One exclusion is explicit: "We do not offer any of our services to U.S. citizens or residents", with Canada and others on the same list. Negative balance protection is stated in general terms, but the entity applying it is not named.
The accounts, as published
International site, 21 Oct 2026:
| Account | Minimum deposit | Spread from | Commission | Platforms named |
|---|---|---|---|---|
| Cent | $0 | 1.4 pips | not stated | MT4, MT5 (forex and gold only) |
| Premium | $0 | 1.4 pips | not stated | MT4, MT5 |
| Pro | $100 | 0.6 pips | not stated | MT4, MT5 |
| Zero | $0 (account FAQ says $25) | 0 on forex | $6 a standard lot round turn; gold $10 per 100 oz | MT4, MT5, HFM WebTrader, App, Platform |
| InfinityX | $500 | 0.3 pips | not stated | MT4, MT5, HFM Platform |
Leverage is listed as 1:2000 on four accounts and "Unlimited" on InfinityX, footnoted as adjustable. The Zero page's headline says "from a low $3 per 1 lot", the one-way figure; its table gives $6 round turn.
For a signal follower the contest is Zero against Pro. EUR/USD moves $10 a pip per standard lot, so Zero's $6 round turn is 0.6 pips, and Pro's spread starts at 0.6 pips with no commission stated. On the minimums the two are level; which is cheaper live depends on Zero's actual forex spread, and HFM's forex tables did not render for us. Our guide to sizing a position from a signal turns either cost into money at your lot size.
Gold, MT4 and MT5
HFM lists XAUUSD, XAUEUR and XAUUSD247, a 24/7 contract on the HFM App, WebTrader and MT5 only. Plain XAUUSD is listed on MT4 and MT5 for all five account types, so a copier on either platform can take our gold signals. Hours are 01:05:00 to 23:54:59 with a nightly break.
The metals page prints a gold spread per account: InfinityX 0.08, Cent 0.32, Premium 0.32, Pro 0.16, Zero 0.06. It gives no unit, so we quote the numbers as printed. On Zero, add the $10 per 100 oz round turn commission: on a one-lot trade that is ten cents of gold price, to be set against Pro's stated 0.16 with no commission named. Whether the 0.06 and the 0.16 are in the same unit as those ten cents is exactly what a demo tells you.
On that demo check the symbol and suffix on your server, the spread between 22:00 and 01:00 UK time, and the swap. Gold closes for about an hour each night and the spread around that break is where the printed figure stops; our piece on gold spreads at night explains the hour.
Swap-free
HFM states swap-free trading is "Available To All HFM Traders", for selected accounts and instruments. The Sharia footnote says several instruments may face carry charges after a position has been rolled over for a sequential period of days, without giving the number. Ask which instruments and how many days before relying on it for gold.
Funding and withdrawals
HFM states it applies no deposit fees. Bank transfers: $100 minimum, no maximum, two to seven business days. Cards: $5 to $10,000, up to ten minutes. Third-party fees are not stated. The withdrawal options page returned an error when we tried it, so withdrawal methods, times and fees are not recorded here; read that page yourself before you deposit.
Copy trading
HFM Copy Trading lets a follower copy strategy providers. Providers earn a performance fee; follower fees, minimum deposit and platform are not stated. Following a Telegram channel with a copier differs in who sets the levels: the channel posts entry, stop and targets before the move, and the copier places them on your own MT4 or MT5 account at your own lot size.
What HFM does not publish
Which entity serves international clients; UK and EU retail terms; EUR/USD spreads by account; the gold contract size and the unit of the gold spread column; commission on the four non-Zero accounts; the swap-free rollover period; withdrawal methods and fees; a head office. The founding year is given as 2010, the HFM name as 2022. Gaps, not red flags; a demo and one support ticket close them.
Who HFM suits, from the terms alone
- A trader who wants a $0 or $25 start on a commission account at $6 round turn, with gold on MT4 and MT5.
- A member who wants a gold spread printed per account before opening a demo, unit caveat noted.
- A UK or EU client who can confirm in writing that the account sits with the FCA or CySEC company.
Who it suits less: anyone in the United States or Canada, excluded by name; anyone who needs withdrawal terms readable before signing; and a trader who needs the gold spread unit and contract size stated.
Figures were read from HFM's pages on 21 Oct 2026 and will change.
Sources
Every figure above was read on 21 Oct 2026 from these pages. If a page has changed since, the page wins.
- hfm.com, int, en, about, regulatory environment
- hfm.com, int, en, about
- hfm.com, int, en
- hfeu.com
- hfm.com, uk, en, trading accounts
- hfm.com, int, en, trading accounts
- hfm.com, int, en, platforms, trading platforms comparison
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