website thubmnail of HFM
3.3

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HFM Reviews Summary

HFM has a rating of 3.3 stars from 105 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 15th among Personal Finance sites.

service
20
value
18
quality
14

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Singapore
1 review
0 helpful votes
Follow Jason r.
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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.

Date of experience: January 10, 2025
Japan
1 review
1 helpful vote
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I couldn't understand how to pass the verification of a trading account and their technical support helped me very fast. Thank you guys!

Date of experience: June 26, 2024
Saudi Arabia
1 review
0 helpful votes
Follow Zahid A.
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About leverage
June 26, 2024

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.

Date of experience: June 26, 2024
Japan
1 review
0 helpful votes
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The trading platform is modern and it has plenty of useful tools which I always use for fundamental and technical analysis.

Date of experience: June 23, 2024
Colombia
1 review
0 helpful votes
Follow Saul T.
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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.

Date of experience: June 22, 2024
Peru
1 review
2 helpful votes
Follow Leo S.
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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.

Date of experience: June 21, 2024
Colombia
1 review
0 helpful votes
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No need to guess
June 22, 2024

No need to guess whether this is a reliable company or not because they are regulated by FCA, one of the most strictest and authoritative regulators in the financial industry.

Date of experience: June 21, 2024
Saudi Arabia
1 review
0 helpful votes
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Cent account
June 19, 2024

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

Date of experience: June 18, 2024
AE
1 review
0 helpful votes
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Premium account
June 18, 2024

I think the premium account is the best one and it is really cool that the threshold of minimum deposit starts from 0$ but the spreads sometimes are wider than usual.

Date of experience: June 18, 2024
Japan
1 review
0 helpful votes
Follow Fukui T.
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I ain't going to lie the broker exceeded my expectations and provided a conducive and Quality experience for me to enjoy while trading here.

Date of experience: May 28, 2024
Saudi Arabia
1 review
0 helpful votes
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Withdrawing funds from this broker has been very easy and smooth…it has various methods that can be used abd operates with speed.

Date of experience: May 27, 2024
Japan
1 review
0 helpful votes
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Demo account.
May 24, 2024

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.

Date of experience: May 23, 2024
AE
1 review
0 helpful votes
Follow Haashid a.
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Crypto method
May 22, 2024

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.

Date of experience: May 22, 2024
Oman
1 review
0 helpful votes
Follow Tariq A.
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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.

Date of experience: May 20, 2024
Colombia
1 review
0 helpful votes
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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

Date of experience: May 18, 2024
Argentina
1 review
0 helpful votes
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Trade beneficially
May 19, 2024

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.

Date of experience: May 17, 2024
Mexico
1 review
0 helpful votes
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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.

Date of experience: May 16, 2024
Mexico
1 review
0 helpful votes
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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.

Date of experience: May 15, 2024
AE
1 review
0 helpful votes
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It's just okay
April 27, 2024

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.

Date of experience: April 25, 2024
Japan
1 review
0 helpful votes
Follow Dzhiro R.
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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.

Date of experience: April 24, 2024