Hfm has been refusing to let me withdraw my money for the past 2 weeks. My investment period is over, and they have no legitimate reason to hold onto my funds, yet they've denied my withdrawal requests 12 times without any explanation. This is a clear indication that they're trying to steal my money. Hfm is a scam, and I urge everyone to stay away from them.
UPDATE:
With the assistance of a recovery agency, I successfully recovered my funds from this scam exchange. If you've been a victim, email me (on my profile) for guidance on how to get your money back.
I once traded with a broker that offered 1:1000 leverage and I was like "=O". It was too big for me, but then after trading for a while, after making solid sums of money and acquiring experience in this sphere, I understood that even such a big leverage can be handled in case of proper risk management. Here leverage is 1:2000, but I ain't dare to work with it, because it means that you can run out of margin within milliseconds...So, guys, be careful with leverage and always work on risk distribution.
This broker is 100% safe and secured in both financial and personal data aspect. They have a huge client base and also are regulation compliant. Literally one of the biggest trading brokers in the world.
I think the broker should see a therapist about overpleasing because I had several questions about the tools and features offered. Come on... there is absolutely nothing that the broker does not offer, so it feels like love bombing. But, yeah, I looked at the regulations and the history of the broker and I felt more at ease.
I make use of many analytical tools here... actually a few, but I have tried out most of them available. They generally do not come at an increased fee, and so far, they work very fine. I am really comfortable trading here.
I have seen a lot of brokers in my trading path but I think HFM deserves to be recognized in the financial industry and decided to share my journey with this company. There are many financial instruments available to trade with great trading conditions. The trading platform is modern but I think it lacks functionality.
I would like to highlight their payment methods and the variety of ways are really huge and you can transfer money via any payment system. Personally, I make transactions through crypto because it is really convenient for me.
I gotta say that the support team here works properly. Once I needed to figure out requirements for free vps connection, I reached out to them and they explained everything to me andprovided the link where all T's and C's were described.
But it took a while for me to get a response, probably because it was a rush hour in the market and these guys were likely overloaded with requests.
As for my trading experience with the HFM, then... there are no major hiccups.
Using this platform feels very good… the broker is very cost effective and has minimal charges. Even as this is one of the biggest trading companies in the world, it remains very affordable and accessible to all traders. The minimum deposit starts from five dollars, and there are no charges applied by the broker.
As a beginner, the demo account is one I am super grateful for, it has helped with my practice and I become better everyday. The support team have been valuable guides to me, and they have set me on the right course to becoming a good trader. They have answered all of my questions, and given me directions on how to make the best use of the platform.
I had to puzzle over the choice of the account as I understood it would influence which conditions I would get.
Hence, imho, the best account for my purposes was Pro. Spreads from 0.6 pips (sometimes even tighter), maximum leverage is up to x2000 and all tradable markets are included. I mention this because Cent acc, for instance, does have only forex and gold but it's for training purposes, so I am sure it's also enough for them.
Well done, HFM, I liked that selection and now trade beneficially.
The traders are their top priority and every service provided have made me feel confident in my trading. This is absolutely a broker for traders. There are also multiple trading platforms available, and the custom app here is also fantastic and functional.
That is... just okay.
Being an adherent of those assets which are highly volatile, I have found many of them here. I mean shares and crypto. 1:50 leverage for trading major coins is enough for me to catch the wave and be on a roll, even though, sometimes, I am fall off this surf board. Ha, nice allegory=)
The platform works correctly, I have no hiccups, maybe from time to time, when the market is full of daredevils like me, there are minor lags, but I chalk it up to imprefection of the MT4 as it is.
If you trade at HFM, then you know it offers a number account types. But I would like to tell why the Pro account is better, in my opinion.
First of all, to get access to this account, you do not need to deposit huge capital.I know some brokers that set pretty high threshold for deposits even for basic account types. Here it is not an issue.
Then, of course it is low spreads. This aspect is probably the strongest side of this account. Think about it, not needing to deposit big sums we get access to thin spreads! What a bargain!
On top of that there are options to trade using MT4 and MT5.
So, Pro account easily beats other remaining accounts due to its benefits I have described. This is my opinion and obesrvation.
My close friend advised me to try this brokerage platform out and I listened to him.
Well, he didn't deceive me saying that the number of tools here is the biggest I have ever seen. It's like that, not gonna lie.
Education section is a highlight, undoubtedly. When I trade currency pairs, I usually peek at advanced insights for amplifying analysis results. Real-time volatility analysis helps me to avoid serious fluctuations where I can be easily thrown away;)
But it was tough to understand how to interact with this interface, even though instructions are given on the site.
Winning and losing in my opinion depends on when you enter the market and how you position your trades. Sometimes i do get my stop loss hit but i go back and re-evaluate my self for improvement. So far this broker is concerned, it allows me to trade smoothly with very reasonable spreads. I am trading now for almost an year with least objections.
I did it and very quickly became my favourite tool! I regret I haven't used it before.If chart patterns are important for your trading strategy, I highly recommend you start using this tool. It saves valuable time, but even more important it is objective. With this tool you can eliminate your emotions, you will see a pattern only when the conditions are fulfilled. I am sure every one of us has found ourselves seeing a pattern where actually there is no in reality.Besides this, the tool will give you the major S&R level, again objectively calculated.
I opened a Zero Spread account because it offers good spreads and optimal leverage size.
I did the right choice by sticking with this broker, although the execution here is not perfect, but it's sufficient. It didn't bring me any unpleasant surprises. That's how it should be but it happens in the industry not so often.
Strong points of the broker
- Good trading conditions
- Reliability
I wanted to say it is so funny to trade through a cent trading account. It seems I'm making a lot of money but I wish the profit would be in bucks. xD
Understanding the function of money and basic principles of how financial markets work have been really important to me. Trading on this broker with the right technology, where I have the best possible execution speed was the factor that properly taught me a lot about these markets.
It has become an important tool for me to invest in metals. Metals such as gold, silver, platinum and palladium are among the core assets I use to keep my investment portfolio diversified. As I know that traditional safe havens, like gold, play an important role for me to protect in uncertain market conditions. However, the platform can give some technical issues. This can cause some delays in trading, which can affect my trading strategies.
I haven't had any reason to complain or doubt the service provided by this broker. The support team are also very reliable and polite and they handle all questions professionally. Weldone
HFM has a rating of 4.1 stars from 106 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with HFM most frequently mention minimum deposit and account types. HFM ranks 8th among Personal Finance sites.