Trading environment
Slippage, stability, execution and pricing anomalies
Public review signals—Weight 22%
HFM
CySECCyprus Securities and Exchange Commission
FSA-SC
CMA-KE
FCAFinancial Conduct Authority
FSC-MUHFM, formerly HotForex, is a global forex and CFD brand operating through multiple regulated entities.
Last verified: Aug 28, 2026Sources and audit trail
Overview
HFM, formerly HotForex, is a global forex and CFD brand operating through multiple regulated entities.
TraderVote user rating
7.6/10
Trader reviews
1,490
Regulation
Regulated (Tier-1)
Main regulators
CySECFSA-SCCMA-KEMain strengths
Main risks
✓ No major risk themes reported
Building sampleUpdated Aug 31, 2026
AI web composite score
Five web-reputation dimensions plus one objective regulatory dimension for HFM
Web reputation 75% —Regulation 25% 8.6
—/ 10Insufficient sample
Not included in formal rankings yetThe number of real sources or effective samples has not reached the publication threshold. Missing dimensions are left unscored rather than filled with zero or a neutral value.
Data confidence0% · Low
Deposits & withdrawals
Funding speed, withdrawals, checks and payment methods
Public review signals—Weight 18%
Customer service
Response time, expertise and complaint handling
Public review signals—Weight 13%
Trading costs
Spreads, commissions, swaps and hidden charges
Public review signals—Weight 18%
Sales conduct
Promotion terms, sales pressure and return claims
Public review signals—Weight 4%
Regulation & compliance
Scoring rulesReview sentiment is excluded. Licence quality accounts for 60%, jurisdiction coverage 25%, and Tier-1 diversification 15%. Additional licences have diminishing returns, while enforcement actions or licence suspensions may reduce the score.View full methodology →Licence quality, jurisdiction breadth and regulatory diversification
Objective regulatory facts8.6Weight 25%
There are not yet enough classified public signals to calculate a reputation score.
| Dimension | Score | related mentions |
|---|---|---|
| Trading environment | — | 0 |
| Deposits & withdrawals | — | 0 |
| Customer service | — | 0 |
| Trading costs | — | 0 |
| Sales conduct | — | 0 |
| Regulation & compliance | 8.6 | 5 |
Products
- Forex, metals, energies, indices, shares, bonds, commodities, ETFs and cryptocurrency CFDs
Accounts
- Cent, Premium, Zero, Pro, Pro Plus, Copy, PAMM and InfinityX configurations; availability varies
Platforms and tools
- MetaTrader 4, MetaTrader 5, HFM WebTrader, HFM Platform and HFM App
Funding currencies
EURJPYNGNUSD
Support and availability
Email, telephone and live support are available.
HFM excludes the United States, Canada, Iran, North Korea and other listed jurisdictions; entity eligibility varies.
Regulation
Regulators
HF Markets (Europe) Ltd
Cyprus · CySEC
- Regulators
- CySEC
- Licence / registration number
- 183/12
Client protection
Eligible retail clients are covered by the Cyprus Investor Compensation Fund subject to scheme rules.
View protection details
Eligible retail clients are covered by the Cyprus Investor Compensation Fund subject to scheme rules.
Official record ↗HF Markets (Seychelles) Ltd
Seychelles · FSA-SC
- Regulators
- FSA-SC
- Licence / registration number
- SD015
Client protection
Protection follows the Seychelles securities-dealer licence and agreement.
View protection details
Protection follows the Seychelles securities-dealer licence and agreement.
Official record ↗HFM Investments Ltd
Kenya · CMA-KE
- Regulators
- CMA-KE
- Licence / registration number
- 155
Client protection
Protection follows the Kenya non-dealing online foreign-exchange licence.
View protection details
Protection follows the Kenya non-dealing online foreign-exchange licence.
Official record ↗Trading conditions
- Spreads from
- 0 pips
- Max leverage
- 1:Unlimited
- Execution
- Not available
- Commission
- Not available
- Platforms
- MT4 · MT5 · HFM Platform · HFM App
- Highest verified leverage
- InfinityX offers unlimited leverage with zero margin on eligible accounts, a USD 500 opening deposit and selected instruments. Other accounts publish up to 1:2000, while regulated entities can be much lower.
- Pricing
- InfinityX publishes spreads from 0.3 pips with no commission or swaps; Zero and other account pricing differs.
- Margin call and stop-out
- InfinityX publishes 20% margin call and 0% stop-out. Other accounts and entities use different levels.
Leveraged forex and CFD trading can cause rapid losses. The displayed maximum is the highest verified brand capability and can be lower by entity, region, client class, equity, instrument and market conditions.
Payments
Deposits
1 methods| Method | Minimum | Processing | Fee |
|---|---|---|---|
| Bank transfer, cards and alternative methods shown by the international entity | No universal public minimum | Depends on method, entity and… | HFM states no internal fees for liste… |
Withdrawals
1 methods| Method | Minimum | Processing | Fee |
|---|---|---|---|
| Original card or processor, bank transfer and supported alternatives | No universal public minimum | Depends on method, entity and… | HFM states no internal fees for liste… |
Accounts or cards must be in the client’s name. Availability, limits and checks depend on the contracting entity.
Promotions
Active offers and promotions from HFM
No verified active promotions.
Sources and audit trail
Last verified: Aug 28, 2026
- HFM regulatory environmentAug 28, 2026
- HFM InfinityX account conditionsAug 28, 2026
- HFM deposit optionsAug 28, 2026
- HFM withdrawal optionsAug 28, 2026
How this company uses TraderVote
Company participation and regulatory verification are displayed separately.
Company access allows replies and verified change requests. It cannot edit user ratings, remove reviews or directly change TraderVote regulatory scores.
Trader reviews
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