The MT5 mobile app supports live and demo accounts with full charting tools, pending and market orders, multiple indicators, timeframe analysis, and account overview. High leverage, generous bonuses, a loyalty program, and interest on free margin complement cutting-edge trading tools and ensure HFM clients have a notable edge in financial markets. HFM offers a deposit bonus for each deposit, the HFM Traders Awards, and trading contests for live and demo accounts also exist. By DailyForex.com TeamThe DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. With more than 2,500,000 live accounts supporting 27+ languages, HFM understands the needs and requirements of profitable traders, for which I applaud and recommend them. HFM offers clients upgraded MT4/MT5 trading platforms, PAMM accounts, and a proprietary copy trading service.

What Promotion Plans and Bonuses Does HFM Offer?

• I value the HFM investment made using AI and big data to help clients navigate financial markets, especially with more than 500 CFD assets available to trade.
• The How-To videos explain essential functions of the myHF back office and the MT4/MT5 trading platforms.
• The training programs are designed based on tools for traders of all levels, from “beginner to advanced.”
• The HFM Trader’s Board has data on how HFM clients trade and a lucrative partnership program is also available.

Overall4.0/5Fees4.0/5Deposit and withdrawal5.0/5Asset selection4.5/5Ease of account opening5.0/5Regulation and security5.0/5 For over a decade, DailyForex has been the trusted Forex broker authority, establishing an unrivalled reputation for rigorous research and journalistic integrity. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

While the overall sentiment is positive, potential clients should consider both praise and criticism when deciding. The website states that the brokerage typically replies to reviews within a week, and HFM has addressed all negative comments. Here’s a list of countries where HFM cannot provide its services. Providing several channels for clients to seek help is crucial in any online platform. The firm provides several promotional programs and bonuses to attract new clients and reward existing ones.

Are Islamic swap-free accounts available on HFM?

For MT4 users, the MT4 mobile app offers classic real-time charting, technical indicators, automated trading via EAs, and order management (market, limit, stop). The app also provides live webinar registration and demo account access. Features include account opening, fund transfers, customisable trading by amounts, lots or units, and comprehensive trade history with performance analytics. Malaysian traders also enjoy access to regular promotions and bonuses.

• Get ready to stay ahead of the curve with our regular updates designed to help you make informed trading decisions.
• Clients are not charged for deposits or withdrawals, regardless of the method used.
• One of the most ignored trading costs is swap rates on leveraged overnight positions.
• Malaysian traders also enjoy access to regular promotions and bonuses.

HFM imposes limited non-trading fees, focusing mainly on account inactivity and currency conversions. HFM explicitly states that it is available for all traders, meaning every client can use the option. To provide a balanced perspective, let’s examine the advantages and disadvantages of trading with the HFM broker. The diverse account offerings ensure that you can start trading with tight spreads from 0.0 pips. The company provides a range of account types to suit different trading styles and experience levels. No commission for Forex pairs (except in Zero accounts)

HFM supports the MT4 and MT5 platforms in addition to its own mobile HFM Trading App, which allows clients to trade from charts and make deposits and withdrawals. Four of its six standard accounts have no minimum deposit requirements and have competitive trading fees. Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. I value the HFM investment made using AI and big data to help clients navigate financial markets, especially with more than 500 CFD assets available to trade. HFM offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist.

HFM offers the ever-popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop, web, and mobile. While opinions on spreads vary depending on the account type chosen (with some finding Micro/Premium high, and others praising Zero), many find them competitive overall. Scrolling through the HFM reviews on FxVerify, you’ll find many traders sharing positive experiences.

Metatrader 5 (MT

HFM has established itself among the most competitive Forex brokers with a quality mix of products and services. HFM offers upgraded MT4/MT5 trading platforms and its proprietary mobile trading app. Clients can review the entire withdrawal conditions on the HFM website, where HFM transparently posts them.I like the trading environment at HFM for both beginner and advanced traders. Not all payment processors are available to every client, restricted by geographic location, and HFM sends withdrawals to clients via the deposit path and any access via bank wire. HFM does not ask unnecessary questions, the process is hassle-free, and the back-office user friendly.I like the trading environment Lunar Capital cheating at HFM for both beginner and advanced traders. The HFM Trader’s Board has data on how HFM clients trade and a lucrative partnership program is also available.A nine-member team provides additional market commentary and analytics.

While HFM does offer promotions, they are typically available to all eligible clients rather than being exclusive to specific partner codes. HFM operates a legitimate partner/affiliate program where partners can earn commissions by referring clients. Founded in 2010, HFM has built a global presence with multiple regulatory licenses and a comprehensive trading offering. HFM (HF Markets), formerly known as HotForex, is a well-established and regulated multi-asset broker with a strong reputation in the industry. Our receipt of such compensation shall not be construed as an endorsement or recommendation by FxScouts Group, nor shall it bias influence our reviews, analysis, and opinions.

HFM describes its products and services well, and it has plenty of videos and a well-structured FAQ section. Webinars, podcasts, and live events add a personalized touch and interactive educational experience. Guaranteed Stop LossScalpingHedgingOne-Click TradingOCO OrdersInterest on MarginHFM offer their proprietary online trading app, which is available for both Android and iOS. The upgrades result in a very competitive solution, and HFM also developed its proprietary mobile app, HFM App.Overview of Trading PlatformsMT4MT5cTraderProprietary PlatformAutomated TradingDOM? They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module. Trading with a regulated broker will limit the potential for fraud and malpractice.

Use our comparison tool to compare two brokers based on their trust rating, costs, features, platforms and many other aspects. Compare the best Forex brokers in the Malaysia and find the one that suits your trading style and budget. Check out these other guides to enhance your forex trading knowledge and skills. Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. Toll-free local phone numbers and email addresses give clients direct, free access to quality customer service in their language.

Available Assets: Wide Range of CFDs

Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. As a leveraged product losses are able to exceed initial deposits and capital is at risk. The secure myHF back office handles all financial transactions for verified clients HFM caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu.

Account Currencies and Funding Options

Furthermore, the platform hosts a Traders Hall of Fame, spotlighting https://lunarcapital.vip/ individual traders with notable achievements. HFM has earned multiple recognitions in recent years across various aspects of the financial services sector. You can trade CFDs on over 1000 financial instruments. HF Markets offers a diverse range of trading instruments across various asset classes.

The broker has garnered significant attention on various review platforms, with Trustpilot being one of the primary sources of customer feedback. The broker operates globally but is restricted from offering services in certain countries due to regulatory requirements, sanctions, or other legal considerations. Considering this, the company offers customer support through several methods.

What are the account types?

The commission-free trading account lists a minimum spread of 0.5 pips but carries an average one of 1.4 pips or $14 per 1.0 standard lot. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. Since HFM Group has licenses from multiple world-class Forex regulators, I can confidently suggest that traders manage their portfolios at HF Markets (SV) Ltd. I always recommend traders check regulation and verify it with the regulator by checking the provided license with their database. HFM also understands the importance of competitive regulation, leverage, and loyalty programs.

We found that HFM’s customer support is better than most other brokers. Overall, we found that the analysis provided by HFM’s experts is detailed and accurate and is on par with the in-house research provided by other large international Forex brokers. We were also able to access the HFM podcast; generally published mid-week, this is a detailed look at recent market movements and a look ahead to potential market-impacting events. From here, we were able to access monthly and quarterly outlooks, video analysis, special reports, and intraday charts. With new stories every few minutes, 24/5, this is an excellent resource for traders using all types of strategies. In partnership with FXSTREET, a respected market news aggregator and publisher, HFM provides a constant stream of news that impacts the markets.

HFM’s Education and Market Analysis

HFM also offers support for MT4 MultiTerminal, providing a convenient method of managing multiple accounts simultaneously from a single interface. We could immediately deposit funds into our accounts, but our accounts were only ready for trading after two days. It also has several excellent trading tools to assist traders further. HFM (formerly known as HotForex) is a well-known international broker with six standard trading accounts and one specialised copy trading account. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions. Please note that EEA traders must trade with the less competitive Cyprus subsidiary as HFM does not accept them via its international brokerages.

For the purposes of this review, we tested both of HFM’s web trader platforms. Users can manage multiple MT4, MT5, and HFcopy accounts in one place. Copy trading is available on MT4 and HFM’s web platform, and each HFcopy account can follow one provider at a time. This account combines raw spreads starting at 0.2 pips with a commission charge, and requires a minimum deposit of USD 250.

What Types of Accounts Does HFM Offer?

Overall, the HFM maximum leverage ranks among the most generous ones, providing traders with a potential edge. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-based account. I always recommend that traders check them before evaluating the total trading costs. I reviewed this broker to determine if it provides demanding traders with an edge. The core trading environment consists of cutting-edge trading tools, low trading costs, a balanced asset selection, and high leverage.