HFM

Cyprus Founded 2010
CySEC FCA DFSA FSCA
8.4
Overall rating / 10
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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 is regulated through Tier 1, offers MT4, MT5, HFM App, spreads from 0 pips, and leverage up to 1:2000.

Best for: HFM is best suited for traders in the UAE and MENA region seeking DFSA-regulated services, as well as those who prefer the MT4, MT5, or HFM App platforms. It fits clients looking for high leverage up to 1:2000, no minimum deposit on Premium accounts, and access to HFcopy for copying experienced traders, supported by a full Arabic website and education resources.

Look elsewhere if: Spreads wider than ECN-only brokers on standard accounts

Minimum deposit$0
Spread from0 pips
Maximum leverage1:2000
Islamic accountAvailable

Regulation & licensing

Hero and current-regulator claims include only independently verified active operating licences. This detailed evidence table also preserves company-disclosed and unverified active rows; inactive, historical, related-group, and non-licence records remain separate.

RegulatorFull nameJurisdictionLicense numberTierEvidenceStatus
CySECCyprus Securities and Exchange CommissionCyprus183/12Tier 1Legacy record; evidence review pendingActive
FCAFinancial Conduct AuthorityUK801701Tier 1Legacy record; evidence review pendingActive
DFSADubai Financial Services AuthorityUAEF004885Tier 2Legacy record; evidence review pendingActive
FSCAFinancial Sector Conduct AuthoritySouth Africa46632Tier 2Legacy record; evidence review pendingActive

Accounts, spreads & leverage

The spread band is Zero spread on major FX pairs for the Zero account type. Maximum leverage depends on the account and regulating entity.

AccountMinimumEUR/USD spreadCommission / lotExecutionLeverageSwap-free
Premium$01.2 pips0STP1:2000
Pro$1000.5 pips0STP1:2000
Zero$2000 pips6ECN1:2000
Islamic (Premium)$01.2 pips0STP1:2000

Deposits & withdrawals

Withdrawal timing: Verify the official withdrawal timetable as supplied times are for deposits

MethodDeposit feeWithdrawal feeProcessingCurrencies
Bank WireFreeFree2-5 business daysUSD,EUR
Visa/MastercardFreeFreeInstantUSD,EUR
SkrillFreeFreeInstantUSD,EUR
NetellerFreeFreeInstantUSD,EUR

Trading platforms

MT4Web · Desktop · Mobile · API
MT5Web · Desktop · Mobile · API
HFM AppMobile

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: The broker offers an 'Islamic (Premium)' account type marked as Islamic, but the availability of a swap-free account alone is not a religious verdict. Traders must verify the specific terms, such as potential administrative fees or rollover conditions, with a qualified scholar to ensure compliance with their personal religious standards.

Read the Islamic trading guide

Who HFM is for

HFM is best suited for traders in the UAE and MENA region seeking DFSA-regulated services, as well as those who prefer the MT4, MT5, or HFM App platforms. It fits clients looking for high leverage up to 1:2000, no minimum deposit on Premium accounts, and access to HFcopy for copying experienced traders, supported by a full Arabic website and education resources.

  • 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 is regulated by CySEC (183/12), FCA (801701), DFSA (F004885), FSCA (46632). Review the licensing table for current status.

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?

Verify the official withdrawal timetable as supplied times are for deposits

Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Last reviewed: September 4, 2026.