HFM Review
Reviewed · Last updatedThis review is provided for general information and does not constitute an endorsement, investment advice or a recommendation to open an account. Broker information may change after publication. Readers should verify regulatory status, product availability, fees and legal documentation through official sources before making any decision.
Who this service may not be suitable for
Leveraged products may not be suitable for readers seeking long-term investment products, readers who cannot afford to lose the money they deposit, or anyone unwilling to accept the substantial risk of loss inherent in leveraged trading. A majority of retail CFD accounts lose money.
Key facts
- Main regulation
- CySEC 183/12; FCA, FSCA, DFSA, FSA Seychelles, FSC Mauritius, CMA Kenya group entities
- Regions served
- European Union, United Kingdom, South Africa, International entities
How this score was calculated
Facts recorded on 14 Sep 2026 from the broker’s official website and regulator sources, scored with our published rubric. Items we could not find on the official website count as not disclosed.
Regulation and transparency
- Strongest regulator tier: 4.0
- +0.5 two or more major regulators
- +0.5 licence confirmed on a regulator register
- -0.5 main website operated by HF Markets (SV) Ltd (0.5 tier)
Costs and fee disclosure
- Not found: Commissions published
- Yes: Overnight (swap) rates published
- Yes: Inactivity fee disclosed
- Yes: Deposit and withdrawal fees disclosed
- Not found: Currency conversion fee disclosed
Risk and consumer information
- Yes: Risk warning on homepage
- Not found: Retail loss percentage published
- Yes: Risk disclosure or KID available
- Yes: Negative balance protection stated
- Yes: Segregated client funds stated
- Yes: Legal documents public
Customer support
- Yes: Live chat
- Yes: Email
- Yes: Phone
- Not found: Hours: unknown
Education and research
- Yes: Education section
- Not found: Risk education content
- Yes: Webinars or courses
- Yes: Market analysis
- Yes: Economic calendar
Website and user experience
- Yes: Legal documents page
- Not found: Fees page
- Yes: Entity and licence in footer
Regulatory status by region
The entity that holds an account determines the regulator, client-money rules and compensation arrangements that apply. Check the entity on the official register of the named regulator before opening an account.
| Region | Legal entity | Regulator and licence |
|---|---|---|
| European Union | HF Markets (Europe) Ltd | CySEC, licence 183/12 |
| United Kingdom | HF Markets (UK) Limited | FCA (source: broker disclosure) |
| South Africa | HF Markets SA (Pty) Ltd | FSCA (source: broker disclosure) |
| International entities | HF Markets (DIFC) Limited | Dubai Financial Services Authority (source: broker disclosure) |
| International entities | HF Markets (Seychelles) Ltd | FSA Seychelles (source: broker disclosure) |
| International entities | HF Markets Ltd | FSC Mauritius (source: broker disclosure) |
| International entities | HF Markets (SV) Ltd | St Vincent and the Grenadines company, no regulator (not a financial licence) (source: broker disclosure) |
Research methodology
Assessed against our published framework using the broker’s public website, legal documents and regulator registers. Every broker is assessed using the same documented criteria. Full methodology →
Sources
- Regulator register: cysec.gov.cy, retrieved 14 Sep 2026
- Broker legal page: static.hfm.com, retrieved 14 Sep 2026
- Regulator register: fsaseychelles.sc, retrieved 14 Sep 2026
- Score evidence (costs): hfm.com, retrieved 14 Sep 2026
- Score evidence (risk): hfm.com, retrieved 14 Sep 2026
- Score evidence (support): hfm.com, retrieved 14 Sep 2026
- Score evidence (education): hfm.com, retrieved 14 Sep 2026
- Score evidence (website): hfm.com, retrieved 14 Sep 2026
Corrections and update history
- 24 Sep 2026: Scores recalculated under methodology version 1.2 (the language checks were removed from Customer support and Website and user experience).
- 15 Sep 2026: Scores recalculated under methodology version 1.1 (six weighted categories).
- 14 Sep 2026: Category scores calculated with the published scoring rubric (methodology version 1.0) from facts recorded on the broker’s official website.
- 14 Sep 2026: Regulatory entities and licence numbers researched from official broker disclosures and regulator sources.
Spotted an error? See our Corrections Policy.
CFDs and other leveraged products carry a high risk of losing money rapidly because of leverage, and a majority of retail investor accounts lose money when trading CFDs. A high editorial score reflects disclosure and service quality. It does not make trading safe.