HFM (HotForex) Review 2025 — Is It Right for You?

Award-winning forex broker with diverse account types

Last updated: October 6, 2025

Overall Rating

4.2
out of 5.0

Score Breakdown

Safety
4.1
Fees
4
Platform
4.1
Research
4
Education
4.2
Service
4

Who Is This Broker For?

Best for: Traders seeking flexible account options and strong educational support.

Pros & Cons

Pros

  • Multiple account types
  • Strong educational content
  • Competitive spreads

Cons

  • Withdrawal fees on some methods
  • Complex fee structure
  • Not available in USA

Fees & Costs

Spreads

From 1.0 pips on standard accounts

Commission

Varies by account type

Overnight/Swap

Standard swap rates

Deposit Fee

$0

Withdrawal Fee

Varies by method

Trading Platforms

Web Mobile MT4 MT5

Safety & Regulation

Regulated by:
FCA (UK)
CySEC (Cyprus)
FSCA (South Africa)

Available in: Global (150+ countries); not available in USA

Availability

Countries: Global (150+ countries); not available in USA

Languages: 20+ languages including en, es, pt, ru, ar, zh

Payment Methods

  • Credit/Debit Card
    $0 • Instant
  • Bank Transfer
    Varies • 1-3 business days
  • E-wallets
    $0 • Instant

Frequently Asked Questions

Is HFM regulated?
Yes, HFM is regulated by FCA, CySEC, and FSCA, ensuring high safety standards.
What account types does HFM offer?
HFM offers Micro, Premium, Zero Spread, Auto, and other specialized accounts for different trading styles.
Does HFM charge withdrawal fees?
Withdrawal fees vary by payment method and account type. Check the fee schedule on their website.
Sources & Citations
  1. https://www.hfm.com/
  2. https://www.fca.org.uk/
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