Score breakdown
How we rate HFM
Every broker is assessed against the same set of objective criteria — costs, account types, available markets, platforms and ease of account opening — and scores are calculated consistently so comparisons between brokers are fair and reproducible.
HFM analysis
HFM (HF Markets), formerly known as HotForex, is one of the most established brokers around: it has operated since 2010 and holds regulation from the FCA (UK), CySEC, DFSA (Dubai), FSCA (South Africa) and FSC (Mauritius).
It is unusually accessible: the Cent, Zero and Premium accounts have no minimum deposit, while the Pro account requires $100. Leverage runs up to 1:2000. The Zero account offers spreads from 0.0 pips with commission, the Pro from 0.6 pips with no commission, and Cent/Premium from 1.4 pips.
It runs on MetaTrader 4 and 5 plus its own HFM App, with a very broad line-up: forex, indices, commodities, shares, metals, crypto and bonds via CFDs, alongside copy trading and swap-free accounts.
The blend of tier-1 regulation, high leverage, no minimum deposit and a huge instrument range makes it one of the most complete and versatile brokers on this list — suitable for beginners (Cent account) and advanced traders (Zero/Pro) alike.
✓ Pros
- • Tier-1 regulation
- • Ultra-high leverage available
- • Wide range of instruments
- • Low minimum deposit
✕ Cons
- • Does not accept US clients
Verdict
RankCFD editorial team · Editorial analysis
The blend of tier-1 regulation, high leverage, no minimum deposit and a huge instrument range makes it one of the most complete and versatile brokers on this list — suitable for beginners (Cent account) and advanced traders (Zero/Pro) alike.
Commissions and fees
10/10HFM offers spreads from 0.0 pips.
Advantages
- ✓ Tight spreads from 0.0 pips
- ✓ Commission-free account available
Disadvantages
- ✕ Commission on ECN/Raw accounts
| Feature | HFM | OneRoyal | Bridge Markets |
|---|---|---|---|
| Spread from (pips) | 0.0 | 0.4 | 0.0 |
| Commission | $6/lote | $7/lote | $6/lote |
| Minimum deposit | $0 | $10 | $20 |
Account types
10/10HFM offers 4 account types.
Advantages
- ✓ 4 account types for different profiles
- ✓ Cent account to start small
Disadvantages
- —
| Feature | HFM | OneRoyal | Bridge Markets |
|---|---|---|---|
| Standard | — | ✓ | ✓ |
| ECN / Raw | ✓ | ✓ | ✓ |
| Cent | ✓ | ✓ | — |
| Pro / VIP | ✓ | — | ✓ |
Markets and tradable assets
10/10HFM gives access to 7 asset classes.
Advantages
- ✓ Wide instrument range (7 classes)
- ✓ Includes crypto CFDs
Disadvantages
- —
| Feature | HFM | OneRoyal | Bridge Markets |
|---|---|---|---|
| Forex | ✓ | ✓ | ✓ |
| Indices | ✓ | ✓ | ✓ |
| Crypto | ✓ | ✓ | ✓ |
| Stocks | ✓ | ✓ | ✓ |
| Commodities | ✓ | ✓ | ✓ |
| ETFs | — | — | — |
| Bonds | ✓ | — | — |
| Metals | ✓ | ✓ | — |
| Total asset classes | 7 | 6 | 5 |
Trading platforms & tools
8.7/10HFM runs on MT4, MT5, HFM App.
Advantages
- ✓ MetaTrader 4 and 5
Disadvantages
- —
| Feature | HFM | OneRoyal | Bridge Markets |
|---|---|---|---|
| MT4 | ✓ | ✓ | — |
| MT5 | ✓ | ✓ | ✓ |
| cTrader | — | — | — |
| TradingView | — | — | — |
Account opening
9.8/10You can open a HFM account from $0.
Advantages
- ✓ Low minimum deposit ($0)
- ✓ 100% online registration
Disadvantages
- —
| Feature | HFM | OneRoyal | Bridge Markets |
|---|---|---|---|
| Minimum deposit | $0 | $10 | $20 |
| Online registration | ✓ | ✓ | ✓ |
Frequently asked questions
- What is the minimum deposit at HFM?
- The minimum deposit to open a HFM account is $0.
- What is the maximum leverage at HFM?
- HFM offers leverage up to 1:2000.
- How low are spreads at HFM?
- Spreads at HFM start from 0.0 pips.
- Which trading platforms does HFM offer?
- HFM runs on MT4, MT5, HFM App.
Ready to trade with HFM?
Opening an account takes a few minutes. Trading CFDs carries risk.
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