Back to Brokers

HotForex (HFM)

🇲🇺 Mauritius • Est. 2010
4.2
/ 10

HotForex (HFM) Review

HFM (formerly HotForex) is a multi-award-winning broker founded in 2010, offering forex and CFD trading with ultra-high leverage and low minimum deposits. The broker serves over 3.5 million accounts worldwide.

Ratings Breakdown

Account Conditions4.2/10
Trading Settings4.1/10
Tools & Resources4.0/10
Trust4.1/10
Customer Service4.2/10
User Experience4.2/10

Pros

$5 minimum deposit
Ultra-high leverage up to 1:2000
Copy trading via HFcopy
Free VPS
Multiple account types

Cons

High leverage is risky for beginners
Limited platform choices
Restricted in some EU countries
No US clients

Key Details

Regulation
FSCA, CySEC, FCA, DFSA, FSA
Min. Deposit
$5
Platforms
MT4, MT5, HFM App
Leverage
Up to 1:2000
Assets
Forex, Indices, Commodities, Stocks, Bonds, Crypto, ETFs
Spreads
From 1.0 pips

Funding

Deposit Methods
Credit/Debit Cards Bank Wire Skrill Neteller Bitcoin FasaPay
Withdrawal Methods
Credit/Debit Cards Bank Wire Skrill Neteller Bitcoin

Support

Support
24/5 Multilingual Support