HFM, The Trading Name Of HF Markets Group, Was Established In 2010 As A Financial Broker Providing Online Trading Services To Both Individual And Institutional Clients. HFM Is Headquartered In Cyprus, But Has Multiple Global Offices In Dubai, South Africa, And Offshore Entities In Saint Vincent And The Grenadines, Each Regulated By Their Respective Regulators.
HFM Is A Market Maker (MM) Broker, Which Means It Acts As A Counterparty To Its Clients In Trading Operations. That Is, HFM Does Not Directly Connect To The Market, But Acts As An Intermediary And Takes Opposite Positions With Its Clients. As A Result, It Can Offer Faster Order Execution, Tighter Spreads, And Greater Leverage Flexibility.
However, This Also Means That HFMs Have A Certain Conflict Of Interest With Their Clients, As Their Profits Come From The Difference Between The Bid And Ask Prices Of Their Assets, Which Can Lead Them To Make Decisions That Are Not Necessarily In The Best Interests Of Their Clients. Traders Need To Be Aware Of This Dynamic When Trading With HFMs Or Other Market Maker Brokers.
Pros And Cons
Pros:
- HFM Is A Company That Is Regulated By Multiple Well-known Regulators And Provides A High Level Of Protection For Traders' Funds And Personal Information.
- The Company Offers A Wide Range Of Trading Tools, Including Forex Pairs, Cryptocurrencies, Commodities, And Stocks, With A Total Of Over 3,500 Instruments To Choose From.
- There Are Multiple Account Types To Choose From, Including Premium, Professional, Zero, And Sub-accounts, To Meet The Different Needs Of Traders.
- HFM Offers A Wealth Of Educational Resources, Such As Webinars, Video Tutorials, And Daily Analysis, To Provide Traders With Valuable Insights.
- The Company Offers Multiple Trading Platforms, Including MetaTrader4, MetaTrader5, And Their Own HFM Platform, To Provide Traders With Multiple Options.
- HFM Offers A Variety Of Client Servers Through Multiple Channels, Including Email, Phone, And Live Chat.
Cons:
- HFM Offers A Maximum Leverage Ratio Of Up To 1:2000, Which May Be Risky For Less Experienced Traders.
- HFM Does Not Provide Services To Residents Of The United States, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, Vanuatu, And European Economic Area Countries.
Is HFM Safe?
• HF Markets (Europe) Ltd Is Regulated By The Cyprus Securities And Exchange Commission (CySEC) With Regulatory License Number 183/12
Market Instruments
HFM Offers A Diverse Range Of Instruments In Over 3,500 Different Asset Classes, Including Forex, Commodities, Metals, Bonds, Energy, ETFs, Indices, Cryptocurrencies And Stocks. This Wide Choice Offers Traders A Wide Range Of Investment Opportunities And The Ability To Diversify Their Portfolios. Traders Can Access Multiple Asset Classes On One Platform, Making It Easy And Efficient To Trade Across Various Markets.
Account Types
HFM Does Offer A Range Of Accounts To Suit Different Trading Styles And Levels. They Offer A Choice Of Premium, Pro, Zero And Cent Accounts, Catering To Both Novice And Experienced Traders.
Leverage
HFM Offers Leverage Of Up To 1:2000, Which Is An Attractive Feature For Traders Looking To Maximize Potential Profits With Smaller Investments. This High Leverage Also Provides Greater Market Exposure And Trading Opportunities, Enabling Traders To Take Advantage Of Price Fluctuations In Various Markets.
However, It Is Important To Note That High Leverage Also Comes With High Risk And Potential Losses. Traders Must Exercise Proper Risk Management And Discipline To Avoid Margin Calls And Account Clearing. While This Feature May Appeal To Experienced Traders, It May Not Be A Good Fit For All, Especially Beginners Or Those With Limited Funds.
Spreads And Commissions
HFM Offers Different Trading Preferences And Variable Spreads Depending On Their Account Type.
Spreads Start From 1.2 Spreads For Premium And Cent Accounts. Pro Accounts Have Lower Spreads, Starting From 0.5 Spreads. The Most Flexible Is The Zero Account, Which Offers Forex And Gold Trading From Zero Spreads, Providing An Entry Point For Cost-effective Trading.
However, Specific Information About Trading Commissions Is Not Directly Disclosed. You May Need To Contact Client Server Or Take A Closer Look At Their Website For More Details.
Trading Platforms
HFM Offers Multiple Trading Platforms, Including The Popular MetaTrader4 And MetaTrader5 Platforms And Their Own HFM Mobile Application.
Client Server
Customer Support Live Chat, Contact Form, Phone: + 44-2030978571, Email: Support@hfm.com, Social Media
