HF Markets EU holds its clients’ funds in segregated accounts with major global banks, so they cannot be used for other purposes. There is negative balance protection, which means that in the event of market volatility, the client is not responsible for a negative balance scenario. As part of regulatory requirements and to better protect traders’ liabilities, HF Markets EU has implemented an insurance program at no additional cost to clients. This insurance is limited to 5 million and covers risks that can lead to financial loss such as errors, negligence, omissions, fraud, etc. Each of the companies in HF Markets is subject to strict regulations which provide traders with the confidence that they are using a trusted and reliable broker that must adhere to strict regulatory rules. You may choose to open an account with the relevant entity depending on your jurisdiction and trading requirements.
- All retail clients have the ability to access interbank spreads and liquidity through state-of-the-art automated trading platforms.
- These bonds allow traders to invest in a stable asset and safeguard their funds, as the economies that back those bonds are among the most financially stable nations in the world.
- This includes energy derivatives such as Brent and Crude oil, as well as natural gas, which has low spreads and no commissions.
- Aside from rollover and inactivity fees, HFM does not charge any additional fees.
- You can also take advantage of cashback offers on qualifying losing trades.
Trading with competitive spread, high liquidity, and low volatility. For latest online invetments or forex brokers news visit fx trading website each day. When clients use the live chat support (link from the top of the page), they will get a pop-up allowing them to choose between an option with or without an HF account. The support service is professional and ready to open support tickets for advanced user problems.
The authority is the regulator of non-bank financial services in the country and is responsible for the licensing, supervision and development of Seychelles’ non-banking financial services sector. HF Markets (Europe) Ltd. is required to disclose information relating to its capital, the risks to which the company is exposed, and to promote market discipline. It must also comply with the EU’s Markets in Financial Instruments Directive (MiFID) which is in place to provide a standardised regulatory regime for investment services in Europe. The main objectives of MiFID are to increase efficiency, improve financial transparency, increase competition and provide greater consumer protection in investment services.
Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how scored in each of our high-priority categories. HotForex provides 24-hour support services within 5 working days, available in live chat, phone calls and e-mail. Language services are available in Arabic, Chinese, English, French, German, Greek, Indonesian, Italian, Japanese, Malay, Polish, Portuguese, Russian, Spanish, Thai, Bengali. HFcopy accounts are available for Strategy Providers (SP) and Followers who have joined HFcopy.
Multiple options like e-wallet payment, credit or debit card, and bank transfers are accepted for withdrawals and deposits. For Partners, HFM offers excellent contests with the primary goal of bringing many clients, new deposits, and significant cash flow. However, being a follower is essential when your main focus is on the outcome, and you won’t depend on a trading strategy. This way, you can easily copy the system from a strategy provider while paying more than 35% for the included services.
HotForex mobile compatibility
Additionally, the broker provides an extensive educational section to help users refine their trading methodologies. In reviewing HotForex, our experts found that a well-regulated broker suitable for those who want to trade via the MetaTrader platforms. Whilst the broker offers a limited number of instruments, the diverse range of asset classes still gives you plenty of opportunities to diversify your trading activities. Paired with a higher than average number of account types and an incredible number of tools, HotForex offers you a customizable experience. FBS has built a strong reputation by presenting ECN accounts with spreads that can start from 0.0 pips.
Indicators include Renko bars, pivot points, high and low points, order history, chart grouping and freehand drawing directly on the chart. This tool can use simple formulas to send real-time account, ticket and price data directly to an Excel spreadsheet. If you have programming skills, it can also send trading orders from Excel or any other COM environment. HF Markets (DIFC) Ltd is authorised and regulated by the Dubai Financial Services Authority (DFSA).
Discover more about our comprehensive review process and how we maintain transparency and impartiality here. Forex Traders always wish to trade with reliable and trusted forex brokers. Regulation ensures that your investments are protected and you are trading with a trustworthy and reliable platform. If you consider using HFM (HotForex), you may be wondering if it is regulated.
More by Amazon Mobile LLC
These HotForex trading tools allow both new and experienced traders to explore the trading market in more depth. HF Markets is a highly regulated brokerage company with extensive offerings and innovative platforms. Flexible options like MetaTrader 4, MetaTrader 5, and the HF Copy platform allow users to trade efficiently and learn from each other. In short, this platform greatly benefits professional retail traders and corporations but do note that it isn’t possible to use this platform immediately.
- HF Markets (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA).
- Beyond the two main MetaTrader platforms, our review team discovered HotForex also offers an advanced trading platform called HotForex RapidTrade FIX/API.
- We are committed to transparency, accuracy, and comprehensive insights.
- This diverse selection allows traders to explore and leverage different markets based on their trading strategies and risk tolerance.
HotForex trading platforms
Registering for an account with HotForex online broker is a quick and seamless process, which can be completed in just a few minutes. The minimum deposit limits of all account types are also extremely accessible, allowing you to test out HotForex’s services without having to commit substantial funds. HotForex offers a range of educational resources for beginners, including trading guides, webinars, and a demo account to practice with. The broker also provides an HFCopy account you can use to follow and copy trades from professional traders. As far as HotForex trading platform is concerned, the broker has chosen the popular MT4 terminal, which is also the standard trading interface for HotForex mobile traders.
How to contact Amazon UK Customer Service
VPS systems minimise downtime and can be accessed from a remote location. The broker’s policy is to offer tight spreads starting at 0 pips and competitive commissions. Coupled with superior trading conditions and hotforex broker lightning-fast execution, HF Markets provides all the necessary tools and services for clients of all skill levels to achieve their trading ambitions.
Its entities are overseen by reputable authorities, including the Financial Conduct Authority (FCA) in the UK. It has registered operations in St. Vincent and the Grenadines, South Africa, Seychelles, and Cyprus, ensuring compliance with global financial standards. The customisable economic calendar allows traders to keep up with the latest developments in global economic news with hints on the potential impact of that news. Actual results, consensus and previous results from press releases are displayed. This is a very useful and often requested set of additional chart indicators for the MetaTrader 4 (MT4) trading platform.
Our Hotforex review also discovered that this broker is perfect for beginners, as they offer an excellent HFM demo account. You can use the demo account for however long you like to practice trading in real market conditions. If you’re new to forex trading, our broker review team would recommend opting for the HFM Micro account.
HF Markets (Europe) Ltd is a Cypriot Investment Firm (CIF) regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC is the supervisory and regulatory authority for investment services firms in Cyprus and is a member of the European Securities and Markets Authority’s (ESMA) committee. The only application form typically takes less than 20 seconds to complete, asking for country of residence, e-mail, and the desired password, which grants access to the myHF back office.
Crypto Brokers
No fee is charged for deposits and withdrawals, and most transactions will be processed within ten minutes. Processing withdrawals takes 24 hours, and the payment processor may charge a fee. Investment with HFCopy is as simple as creating an account that you can easily control. You can withdraw funds, deposit, and close trades according to your requirements.
From currency pairs and shares to commodities and cryptocurrencies, you’ll find a good list of options. This HFM broker review showed that the broker has an execution policy dedicated to offering a quality trading experience. This policy covers every aspect of trading, from the speed of execution to maximum and minimum lot sizes. When selecting between the two platforms it is important to note that you may not have access to all instruments offered by HFM, depending on which platform you choose. MT4 was built for forex trading, while MT5 will is more focused on futures, stocks, and CFDs.