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.
HFM (HotForex) Spreads & Fees Breakdown
Our automated tracking systems monitor HFM (HotForex)'s live pricing across all major trading sessions. Below is the historical average spread data for their most popular account type.
Non-Trading Fees
Frequently Asked Questions about HFM (HotForex) Fees
What is HFM (HotForex)?
HFM (formerly HotForex) is a globally regulated multi-asset broker founded in 2010. It offers 1,200+ instruments across forex, indices, commodities, stocks, crypto, bonds, and ETF CFDs. HFM holds regulatory licenses from CySEC (EU), FCA (UK), DFSA (Dubai), FSCA (South Africa), and FSA (Seychelles) — one of the broadest regulatory footprints in the industry. The broker has won 60+ industry awards and serves clients in 180+ countries.
Why did HotForex change its name to HFM?
HotForex rebranded to HFM in 2022 as part of a strategic brand evolution. The company wanted a shorter, more modern brand name that better represents its expanded product range beyond forex — including stocks, bonds, ETFs, and crypto. The underlying company, regulation, and services remain identical. Existing accounts, trading conditions, and platforms were unaffected by the rebrand.
What is the HFM Zero account?
The HFM Zero account is designed for active traders and scalpers. It offers raw spreads from 0.0 pips with a $3 per lot per side commission ($6 round turn) — lower than IC Markets ($6-7 RT) and Pepperstone ($7 RT). The Zero account has no minimum deposit, supports MT4 and MT5, and includes access to all 1,200+ instruments. It's HFM's most popular account type for traders who prioritize low total trading costs.
Does HFM offer a cent account?
Yes. HFM's Cent account allows trading in cent-based lots, meaning 1 lot on the Cent account equals 0.01 lots on a standard account. This reduces risk by 100x, making it ideal for beginners who want to experience live market conditions with minimal capital. There is no minimum deposit. The Cent account uses the same MT4 platform as standard accounts, so the transition to full-size trading is seamless.
What premium tools does HFM offer?
HFM offers several premium tools at no extra cost: Autochartist (automated pattern recognition and key level identification), the Premium Trader pack (12 additional indicators and EAs for MT4), free VPS hosting for qualified traders, and daily market analysis videos. The Autochartist integration scans markets 24/5 for chart patterns, Fibonacci patterns, and key support/resistance levels — delivering alerts directly to your MT4/MT5 platform.
Is HFM safe and regulated?
HFM holds 5 regulatory licenses: CySEC (EU, 183/12), FCA (UK, 801701), DFSA (Dubai, F004885), FSCA (South Africa, 46632), and FSA (Seychelles, SD015). CySEC and FCA are Tier-1 regulators with strong investor protection. EU clients are covered by the ICF up to €20,000. UK clients are covered by the FSCS up to £85,000. However, clients onboarded through the FSA (Seychelles) entity receive weaker protection. HFM also provides Civil Liability Insurance up to €5,000,000 per client.
What leverage does HFM offer?
HFM offers leverage up to 1:2000 on its offshore (FSA Seychelles) entity — one of the highest levels available. EU clients under CySEC are capped at 1:30 for retail traders (ESMA rules), and UK clients under FCA are similarly restricted. Professional clients in the EU/UK can access higher leverage upon qualification. The 1:2000 leverage is only available through the offshore entity and should only be used by experienced traders with strict risk management.