HFM is a broker that provides trading services for investors in Forex, metals, commodities, energy, stocks, bonds, ETFs and indices. HFM website supports simplified Chinese, Traditional Chinese, English, French, German, Spanish, Portuguese, Italian, Japanese, Korean, Indonesian, Malay, Vietnamese and other languages as the use of languages. The HFM account registration page also supports simplified Chinese, Traditional Chinese, English, French, German, Spanish, Portuguese, Italian, Japanese, Korean, Indonesian, Malay, Vietnamese and other languages.
Company background:
HFM website information shows that the company is registered in Saint Vincent and the Grenadines. A query on the website of the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA) shows that the information on the company registered in Saint Vincent and the Grenadines is genuine. In addition, according to the Whois query of the website domain name registration information shows that the company's official website domain name registration on October 12, 1993, the domain name registration time has been more than 30 years.
In addition, HFM's website shows that its affiliate HF Markets SA (PTY) Ltd is registered in South Africa, HF Markets (Seychelles) Ltd is registered in Seychelles, and HF Markets Fintech Services Ltd is registered in Cyprus. The information of HF Markets SA (PTY) Ltd registered in South Africa cannot be verified and confirmed. According to a search on the website of the Seygo Connect Government of Seychelles and the Companies Section of Cyprus, The registration information for HF Markets (Seychelles) Ltd and HF Markets Fintech Services Ltd is genuine.
Account Registration:
HFM official website information shows that the company provides investors with real accounts, mock accounts registration links. The way to register a real account is: Click "Register" in the upper right corner of HFM official website, or "REGISTER" on the left side of HFM official website to enter the registration page, select Individual (personal account) Corporate (corporate account) or Joint (joint account), Select or fill in the relevant information as required and verify by Email to complete the real account registration. The registration method for the demo account is: Click "Free Demo Account" on the left of the HFM official website to enter the registration page, select Individual (personal account) Corporate (corporate account) or Joint (joint account), select or fill in the relevant information as required, and verify through Email to complete the registration of the demo account. In addition, the HFM account registration page supports simplified Chinese, Traditional Chinese, English, French, German, Spanish, Portuguese, Italian, Japanese, Korean, Indonesian, Malay, Vietnamese and other languages.
Account Type:
HFM website information shows that the company offers investors PREMIUM, PRO, ZERO, CENT four types of trading accounts. In addition, the HFM website also shows the differences between these four account types in terms of spreads, trading products, minimum deposits, maximum trading size, maximum open orders, account currency, commissions, and personalized services.
Trading Products:
HFM official website information shows that the company provides investors with foreign exchange, metals, commodities, energy, stocks, bonds, ETFs, indices trading services. In addition, the HFM website also provides foreign exchange, metals, commodities, energy, stocks, bonds, ETFs, the specific trading products covered by the index, as well as the spread, margin ratio, overnight interest and trading hours of specific trading products.
Margin ratio:
HFM not only displays the maximum margin ratio information for different account types on its official website, but also provides the maximum margin ratio information for specific trading products covered by foreign exchange, metals, commodities, energy, stocks, bonds, ETFs and indices in the "Trading products".
Trading Hours:
The HFM website provides trading hours information for specific trading products covered by Forex, metals, commodities, energy, stocks, bonds, ETFs and indices.
Deposits and Withdrawals:
HFM official website information shows that the company supports bank transfer, VISA, Mastercard, FasaPay, Skrill, Neteller and other channels and methods of deposit and withdrawal. In addition, the HFM website also provides information on the minimum deposit and withdrawal amount, fees and deposit and withdrawal time of different deposit and withdrawal channels and methods. However, the HFM website does not provide information on the currencies supported by different deposit and withdrawal channels and methods.
Trading Software:
According to the HFM website information, the company provides investors with MetaTrader4 (MT4), MetaTrader5 (MT5) and HFM Platform three trading software. The MT4 and MT5 software provided by HFM supports computer board (Winodws/MacOS/Linux) and mobile phone version (IOS/Android/), and HFM Platform software supports mobile phone version (IOS/Android/). However, the Android version of MT4, MT5 and HFM Platform software cannot be downloaded or installed in some countries or regions, or the download and installation speed is slow.
Other services:
According to HFM's website, the company provides investors with services such as PAMM account management systems, copy trading, and tools and education. Among them, the PAMM Account management system allows investors to manage the trading of many sub-accounts from one main account. Copy trading allows investors to use or copy the trading strategies and trading methods of other trades. Tools and Education includes three sections: Tools, Education, and News and analysis, covering many aspects such as trading-related calculation and analysis tools, educational videos and trading courses, market news, and economic calendar.
Regulatory information:
HFM is regulated or authorized by the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). In addition, HFM website shows that its affiliate HF Markets (UK) Ltd is regulated by the UK Financial Conduct Authority (FCA), HF Markets (DIFC) Ltd is regulated by the Dubai Financial Services Authority (DFSA), HF Markets SA (PTY) Ltd is authorised or regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, HF Markets (Seychelles) Ltd is authorised or regulated by the Seychelles Financial Services Authority (FSA) and HFM Investments Ltd is authorised or regulated by the Capital Markets Authority of Kenya (CMA).
As a result of the inquiry, the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) does not regulate, monitor, authorise or license commercial companies (BCS) engaged in forex trading or broking. HFM's affiliates HF Markets (UK) Ltd are in the UK Financial Conduct Authority (FCA), HF Markets (DIFC) Ltd is in the Dubai Financial Services Authority (DFSA), and HF Markets SA (PTY) Ltd is in the South African Financial Sector Conduct Authority The regulatory or authorisation information of (FSCA), HF Markets (Seychelles) Ltd with the Seychelles Financial Services Authority (FSA) and HFM Investments Ltd with the Capital Markets Regulatory Authority of Kenya (CMA) is true.
Summary
HFM is a normal broker. Although HFM affiliate HF Markets SA (PTY) Ltd is registered in South Africa, the information cannot be verified and confirmed. However, the company's other affiliated companies, HF Markets (Seychelles) Ltd and HF Markets Fintech Services Ltd, are registered as genuine. More importantly, although the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) does not regulate, monitor, authorize or license commercial companies (BCS) engaged in forex trading or broking, However, HFM affiliate HF Markets (UK) Ltd is in the UK Financial Conduct Authority (FCA), HF Markets (DIFC) Ltd is in the Dubai Financial Services Authority (DFSA), and HF Markets SA (PTY) Ltd is in the South African Financial Sector Conduct Authority The regulatory or authorisation information of (FSCA), HF Markets (Seychelles) Ltd with the Seychelles Financial Services Authority (FSA) and HFM Investments Ltd with the Capital Markets Regulatory Authority of Kenya (CMA) is true. Judging from this, HFM is a normal broker. TradierKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.