Pros
- Many account types & instruments; CySEC/FCA licenses for certain entities
- Global presence & promotions
- MT4/MT5
Cons
- Many retail clients via offshore entities (Seychelles/Mauritius)
- Relies on promotions; read the terms
- Leverage is high-risk
Feature summary
CategoryForex
Minimum depositVaries by account type — check the official site
Demo accountAvailable
PlatformMetaTrader 4, MetaTrader 5, HFM app
InstrumentsForex, Stock/index/commodity/metal/energy/bond CFDs
SupportLive chat, email & phone (market hours)
Regulation statusHFM (formerly HotForex) — regulated by CySEC, FCA, FSCA, DFSA, FSA (Seychelles), FSC (Mauritius). Many clients via offshore entities.
Fee modelVarious accounts (spread/zero); figures vary
Estimated cost per lotVaries by account type — not yet verified
Risk & regulation notes
Leveraged trading is high-risk. More importantly here: most retail clients are served by an offshore entity with far weaker investor protection than tier-1 regulators (FCA/ASIC/CySEC). Verify the entity that serves your country and understand the risks before depositing.
Primary sources
Product facts are summarized from the broker's official materials. A broker's own claims are not automatically treated as independent verification.
Update history
- 2026-08-01
Added to the directory as a review candidate; official documents not yet examined.