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7.1
(43 Reviews)

Founded: 2010 Min Deposit: -

Headquarters: Cyprus Max Lev: 1 : 2000

Risk Level I

HFM has been red-flagged by the Securities Commission Malaysia, Bank Negara Malaysia, and the NSSMC.

Score
Business Scope
8.5
Trading Cost
6.9
Trading Platforms
7.1
Support
6.8
Licence Status
FCA 801701
DFSA F004885
FSCA 46632
Authorised
Authorised
Authorised
Contact
+44-203 097 85 71
support@hfm.com
https://www.hfm.com/int/en/?mcid=14473
Multiple Base Currencies Support
Multilingual Support
Multi-regulation
Fast Deposit
Fast Order Execution
Fast Withdrawal
Multiple Account types
Spyridon Karki
2023-09-13
This broker provides a secure trading environment and excellent trading conditions. They provide traders with access to many trading instruments. They provide a variety of account options.
Mohamed Suhaili Bin Mohamed No
2023-09-01
Am from Malaysia and been using HFM for several months.. no serious issues until now and only once due to the market froze during the news for a few minutes.. 2-3 days for that week and managed to recover it back accordingly.. Customer Support is very good from Account Manager and IB.. The rest like deposits and withdrawals are fast and good.. Recommended.. Cheers
Mario Vega
2022-12-19
My account performs very well, the spread is okay. Decent execution, no complaints so far. But I haven't withdrawn funds in hotforex yet, I will take a while to test the withdrawal.
Laslo
2022-11-15
In the past few months, I've traded with HotForex. They have low spreads and good trading environment. I've taken advantage of their no-depost bonus. They are helpful. You can have a try.You won't get disappointed.
Sandy
2022-11-03
Just got my second withdrawal as scheduled. Trades can be executed without delay. Average spreads and commissions are close to the average level.
Related Complaints Reviews

Related Complaints

Q&A Complaints

Promotion

littlefist321
Philippines
2024-07-20
ANSWER HFM provides information about their promotions on their official website. However, for promotions specifically tailored to investors residing in the Philippines, we recommend contacting their customer service for the most accurate and up-to-date information.
See more

how long does hotforex withdrawal take

Ewan Svirkin
Bosnia and Herzegovina
2023-08-18
ANSWER We have located information related to HotForex' withdrawal on their official website and the screenshot below helps you find such details. According to HotForex, the duration varies based on the payment ways. For example, withdrawal via crypto wallets takes the shortest time: requests would be immediately processed or up to 2 business days. You can read more details from their withdrawal page.Furthermore, BrokersView would like to draw your attention to the warning from Malaysia Securities Commission (SC), which suggest viloations by HotForex. So we kindly request investors to proceed with extreme caution when dealing with this broker and reconsider its reliability.
See more

Overall Score

7.1
43 Reviews

Cost 6.9

Platforms 7.1

Deposit & Withdrawal 7.0

Customer Support 6.8

Indicates the average level of Brokers

Keywords for selection
Fast Deposit/Withdrawal Fast Execution Low Spreads Multi-Language Support No Requote Simple & Quick Registration Process Good/Professional Customer Support Deposit/Withdrawal Problems Bad/Unprofessional Customer Support

43 Reviews Clear filter

Sort by
jakleen jack
7-12 months Poland
As far as trading platforms go, this one is pretty usable and easy to navigate. I like the safety measures and generally feel secure about trading on PrimeBit c:
2024-11-21
Reply
Andrew
7-12 months ZERO Account Indonesia
Deposit and withdrawal ok, but transaction costs a bit high. Spreads decently low, slippage normal. Overall acceptable broker
2024-09-02
Reply
Mohammad Askari
0-6 months ZERO Account Germany
good broker
2024-08-03
Reply
I Osiris
0-6 months CENT Account Bangladesh
Have doing business with them for the last few months. Except having 2 minor issues with my account (which was resolved after contacting support), all good. I'd recommend them.
2024-07-25
Reply
littlefist321
7-12 months PRO Account Philippines
Great broker but lag of promotions
2024-07-20
Reply
Spyridon Karki
1-3 years TOP-UP BONUS Account Congo-Kinshasa
This broker provides a secure trading environment and excellent trading conditions. They provide traders with access to many trading instruments. They provide a variety of account options.
2023-09-13
Reply
Mohamed Suhaili Bin Mohamed No
0-6 months PRO Account Malaysia
Am from Malaysia and been using HFM for several months.. no serious issues until now and only once due to the market froze during the news for a few minutes.. 2-3 days for that week and managed to recover it back accordingly.. Customer Support is very good from Account Manager and IB.. The rest like deposits and withdrawals are fast and good.. Recommended.. Cheers
2023-09-01
1
Reply
Fini
Singapore
HFM’s fantastic account setting is definitely my favorite feature, with $5 to open a micro and premium account. I am super confident in trading with this broker. I guess you guys cannot find another broker so perfect as HFM
2023-08-30
Reply
Fredd
0-6 months CENT Account Hungary
My account performs very well, the spread is okay. Decent execution, no complaints so far. But I haven't withdrawn funds in hotforex yet, I will take a while to test the withdrawal.
2023-06-17
Reply
NeoBeum
0-6 months CENT Account Spain
The platform is surprisingly good. I noticed HotForex when I visited a forex forum. I opened a demo account for several months. I was not expecting much but things went really smooth, opening an account is easy, the live environment is good and execution speed is nice. Everything seems to be fine. I still think there is much room for growth. so far so good.
2023-05-12
1
Reply

1-10 of 43 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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