HFM (HotForex) Review 2026
Founded 2010 · Limassol, Cyprus
Last updated: May 27, 2026
HFM (formerly HotForex) is a globally regulated multi-asset broker offering forex, commodities, indices, stocks, bonds, and ETF CFDs across 1,200+ instruments. With licenses from CySEC, FCA, DFSA, FSCA, and FSA, HFM provides one of the broadest regulatory footprints in the industry. Known for its Zero Spread account, premium trading tools (Autochartist, Premium Trader), and strong educational content, HFM has won 60+ industry awards since its founding.
Is HFM (HotForex) Safe?
Yes, HFM (HotForex) is considered a reasonably safe broker. Here's our complete analysis of HFM (HotForex)'s regulation, fund protection, and track record.
Last verified: May 27, 2026
Regulatory Licenses
HFM (HotForex) holds 5 regulatory licenses. This includes 3 Tier-1 license(s) from the world's most stringent regulators — a strong indicator of safety.
Safety Checklist
Our Verdict
HFM (HotForex) scores 84/100 in our trust assessment, placing it in the "safe" category. While it may not hold the strictest Tier-1 licenses, it maintains regulatory oversight and has a track record dating back to 2010. We recommend it for traders who understand the slightly elevated risk profile compared to Tier-1-regulated alternatives.
Frequently Asked Questions
Is HFM (HotForex) regulated?
Yes, HFM (HotForex) is regulated by CySEC, FCA, DFSA, FSCA, FSA. It holds 3 Tier-1 license(s), which is the highest standard of regulatory oversight.
Is HFM (HotForex) a scam?
No, HFM (HotForex) is not a scam. It is a licensed and regulated broker with Tier-1 regulation from CySEC and FCA and DFSA. It has been operating since 2010 and maintains segregated client accounts.
Can I trust HFM (HotForex) with my money?
HFM (HotForex) scores 84/100 in our TrustMetrics system. This is an above-average trust score indicating reasonable safety.