Founded in 2010 as HotForex and rebranded HFM in 2022, this broker holds licences from CySEC, FCA and the DFSA and is active across emerging markets. It offers MT4, MT5 and a proprietary app with a swap-free account option. CySEC is the primary EU regulatory arm; verify which entity accepts your country and check its status on the relevant register before depositing.
Regulation
- CySEC — Cyprus
- FCA — United Kingdom
- DFSA — Dubai (DIFC)
- FSCA — South Africa
Swap-free account
HFM (HotForex) offers a swap-free account type (no overnight swap). Confirm the exact terms and any alternative/admin fees directly with the broker before opening.
Platforms
MT4, MT5, HFM App.
Fees & minimum deposit
Minimum deposits and spreads vary by account type and change often — check the current figures on the broker's site.
How to verify before you deposit
- Find the entity name on the broker's site that serves your country.
- Search that name on the relevant regulator's public register.
- Confirm the swap-free account terms and withdrawal methods for your currency.