HFM (HF Markets) Review: Licences, Withdrawals, Islamic Terms
Verified facts
| Founded | 2010 |
| Minimum deposit | $0 |
| EUR/USD spread from | 0.0 pips (Zero account, "From 0 on Forex"; Pro from 0.6, InfinityX from 0.3, Cent/Premium from 1.4 — hfm.com/int/en/trading-accounts) |
| Platforms | MetaTrader 4, MetaTrader 5, HFM Platform (browser, TradingView charts), HFM WebTrader, HFM App (mobile) |
| Withdrawal methods | bank wire transfer, credit/debit card, Skrill, Neteller, Fasapay, crypto |
| Crypto deposits/withdrawals | No |
Withdrawal speed: claim vs. measured
| Broker-published claim | Measured by us |
|---|---|
| Withdrawals are processed 24/7. "Withdrawals submitted before 10:00am server time are processed on the same business day between 7:00am and 5:00pm server time. Withdrawals submitted after 10:00am server time, will be processed on the following business day between 7:00am and 5:00pm server time." [Source] | Testing in progress |
Islamic account: published terms vs. audit
| Availability | Broker-published claim | Measured by us |
|---|---|---|
| Yes | Swap-free trading offered to all HFM clients on selected accounts/instruments; dedicated swap-free conditions on specific accounts for clients observing Sharia law. Several instruments may face Carry Charges after a position is rolled over for a sequential period of days (instrument list in Rollover Policy; T&C apply). No admin-fee amounts or grace-period day counts published on the page. [Source] | Testing in progress |
Maximum leverage by entity
| Regulation | Leverage | Source |
|---|---|---|
| Offshore — no financial regulator named HF Markets (SV) Ltd, St Vincent & the Grenadines | InfinityX unlimited; Cent, Zero, Pro and Premium 1:2000 (subject to adjustment per the terms) | Source |
Gulf funding and account currency
| mada | Not published |
| KNET | Not published |
| UAE local bank | Not published |
| AED account | No |
Published account currencies are USD, EUR, NGN, JPY, THB, IDR, GHS and USC — neither AED nor SAR is offered. The deposit table lists three further methods behind untitled icons, so Gulf rails cannot be confirmed either way.
Scalping, Expert Advisors and hedging
| For Scalping | Not published |
| Expert Advisors | Not published |
| Hedging | Not published |
Regulation and license numbers
| Regulation | License no. | Official register |
|---|---|---|
| FCA (United Kingdom) | 801701 (HF Markets (UK) Ltd) | Source |
| CySEC (Cyprus) | 183/12 (HF Markets (Europe) Ltd, HE 277582) | Source |
| FSCA (South Africa) | 46632 (HF Markets SA (PTY) Ltd) | Source |
| FSA (Seychelles) | SD015 (HF Markets (Seychelles) Ltd) | Source |
| CMA (Kenya) | 155 (HFM Investments Ltd) | Source |