The verdict in 30 seconds
Review HFM regulation, account types, spreads, platforms and swap-free terms, including key strengths, limitations and who this broker may suit in 2026.
HFM holds register-verified licences up to Tier 1, offers MT4, MT5, HFM App, spreads from 0 pips, and leverage up to 1:2000.
Best for: An approved suitability assessment is not available.
Look elsewhere if: Spreads wider than ECN-only brokers on standard accounts
Regulation & licensing
Each row shows its evidence status. «Verified on the regulator register» means ForexEF read the regulator's public register on the date shown; other rows are as disclosed by the company and remain under review. Licence status can change: check the regulator's register before opening an account.
| Regulator | Full name | Jurisdiction | License number | Tier | Evidence | Status |
|---|---|---|---|---|---|---|
| CySEC | Cyprus Securities and Exchange Commission | Cyprus | 183/12 | Tier 1 | Verified on the regulator register (12 Oct 2026) | Active |
| FCA | Financial Conduct Authority | UK | 801701 | Tier 1 | Verified on the regulator register (12 Oct 2026) | Active |
| DFSA | Dubai Financial Services Authority | UAE | F004885 | Tier 2 | Verified on the regulator register (12 Oct 2026) | Active |
| FSCA | Financial Sector Conduct Authority | South Africa | 46632 | Tier 2 | Verified on the regulator register (2 Sep 2026) | Active |
Accounts, spreads & leverage
The spread band is not established by an approved account-specific review. Maximum leverage depends on the account and regulating entity.
| Account | Minimum | EUR/USD spread | Commission / lot | Execution | Leverage | Swap-free |
|---|---|---|---|---|---|---|
| Premium | $0 | 1.2 pips | 0 | STP | 1:2000 | — |
| Pro | $100 | 0.5 pips | 0 | STP | 1:2000 | — |
| Zero | $200 | 0 pips | 6 | ECN | 1:2000 | — |
| Islamic (Premium) | $0 | 1.2 pips | 0 | STP | 1:2000 | ✓ |
Deposits & withdrawals
Withdrawal timing: not established by an approved withdrawal-specific review
| Method | Deposit fee | Withdrawal fee | Processing | Currencies |
|---|---|---|---|---|
| Bank Wire | Free | Free | 2-5 business days | USD,EUR |
| Visa/Mastercard | Free | Free | Instant | USD,EUR |
| Skrill | Free | Free | Instant | USD,EUR |
| Neteller | Free | Free | Instant | USD,EUR |
Trading platforms
Islamic account & our Sharia checklist
Swap-free account: Available.
A swap-free label is not the same as a Sharia-compliance verdict. Check that no overnight interest is charged under another name, replacement fees are fixed rather than interest-linked, leverage terms are understood, and the exact contract is reviewed.
Our factual note: Account-specific swap-free terms have not been editorially approved. Verify the contract and fees; this is not a religious ruling.
Who HFM is for
An approved suitability assessment is not available.
- DFSA regulated — authorized for UAE/MENA clients
- No minimum deposit on Premium account
- Copy trading (HFcopy) with experienced traders
- Full Arabic website and education
Who should look elsewhere
No broker fits everyone. Consider another option if the following limitations matter to you.
- Spreads wider than ECN-only brokers on standard accounts
- No cTrader or TradingView integration
Frequently asked questions
Is HFM regulated?
HFM's licences with CySEC (183/12), FCA (801701), DFSA (F004885) and FSCA (46632) were checked on the regulators' public registers (between 2 Sep 2026 and 12 Oct 2026). See the licence table for details.
What is the minimum deposit at HFM?
The disclosed minimum deposit starts from $0.
Does HFM offer an Islamic account?
HFM advertises a swap-free account. This does not constitute a halal or Sharia-compliance verdict; verify its fees and terms.
What platforms does HFM support?
HFM supports MT4, MT5, HFM App.
What is the maximum leverage at HFM?
The disclosed maximum leverage is up to 1:2000, subject to account and regulator.
How long do withdrawals take at HFM?
not established by an approved withdrawal-specific review
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Editorial review date not recorded.
