HFM Reviews and Comments – Page 3

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1:1000 leverage is good and all, but I highly suggest sticking to lower leverage for those new to forex trading, on a positive note, HFM is really a good broker, a decade old (or older) and still providing really good services, order execution is superb, very good spreads for scalping, and withdrawal options are vast and on point always
Pipsologist92 10 Mar 2023 Reply

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I have a small trading account with them which I have been trading since 2021 and I am glad it is being growing, although I do have some drawdowns as well but still i am able to make profits and withdraw these profits according to my needs. The execution is fast and profit withdrawals are also quick.
Rabab Iftikhar 9 Mar 2023 Reply

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What I wanna share with you is that this broker provides me with the fastest order execution! I ain't know which type ecn or stp is used here, but I do know, it's so quick that no slippages were detected within a period I've been trading here. Eveyrything is so smooth, as my previous broker would be kinda envious.
Lesego 28 Feb 2023 Reply

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I trade on a Micro account with the broker. It’s the best trading account for my individual needs. It offers the highest possible leverage - 1:1000, while the minimum depo doesn’t exceed five bucks. It’s a good combination for aggressive trading. I’m used to taking high risks. I do this intentionally and I’m glad that the broker offers very good conditions for this. Maybe a bit later I will open one more account to try some different things.
Rafael Abreu 20 Feb 2023 Reply

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This broker is a good one. I heard this company provides an access to VPS hosting services or something like that. Can anyone help me to sort out how to interact with it? Actually. What is the main purpose of this feature and can it be really valuable and beneficial for trading?
To Solomon 5 Jan 2023 Reply

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I haven't tried it yet too, but it looks like a useful one. It optimizes your trading abilities and make execution much better, I guess. you would better visit the official website to find more information about it.
Conrad Bouwer 14 Jan 2023

I still hesitate but most like will open an account here by the end of the week. My intuition never lets me down.
Charl 4 Jan 2023 Reply

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I was attracted to this broker when I was watching a soccer game, I am a Messi fan. HFM is a sponsor of the PSG team and that was enough to convince me to try.
Yolandi 16 Dec 2022 Reply

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I trade on a Zero spread account here because for me this nuance is of supreme importance. It’s evident that the tighter spreads I can trade with the more easier for me to enter the market on smaller timeframes. I strongly advise you to enter the market exactly on smaller timeframes such as M5 or M15.
Shaun Baloyi 2 Dec 2022 Reply

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Surplus of trading accounts isn't a drawback as well as it can't be considered as a sufficient advantage. You know guys it's something in the middle. Overall trading here brought me bunch of positive emotions and I can't deny this fact. hence this broker is accpetable for traders of all types.
Dannell Baker 16 Nov 2022 Reply

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I've been with hotforex for 2 years with hiatus, trading is not my main job and I only trade long-term. Totally no hasles with this broker, fast payment. Not sure with scalper would have any slippage or false execution but for me, I usually end up having my trades executed at my set prices. Reliable broker!
Henry Pham 18 Jul 2022 Reply

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This broker is among reliable brokers with popular reputation and variety account option to choose and payment method. You should find your need here.
Bao Nam 12 Mar 2022 Reply

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I see hotforex as a great broker with excellent services. The trading execution is good enough to support the scalp trading during the London and New York session. I being living in Asia only trade during these two sessions. I have no problem with my withdraws they are always on time.
Nasir Chisty 3 Mar 2022 Reply

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Great broker, excellent services and good execution, most scalps done are executed instantly, with great profit opportunities. over all im very satisfied with hotforex.
Fila 25 Feb 2022 Reply

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I opened small account back in 2020 and still up to it. I had withdrawn profits multiple times. Now i am planning to deposit more funds because in my opinion this broker can be trusted.
Jamal 12 Feb 2022 Reply

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Does this broker have fund separated from their management? I want to try diversifying my porfolios but need a regulated broker.
Bao Nam 7 Feb 2022 Reply

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A great broker, very good over all I am very satisfied by the results and the services they are offering, and they have been around for ten years or so.
Andrey 4 Feb 2022 Reply

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For PAMM, I recommend you to try a swing chart instead of steady growth chart. I burned my account when invested in a steady growth chart.
Baloteli 21 Jan 2022 Reply

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I notice this broker offering PAMM service, anyone tried it? Please share your experience, I want to invest to some accounts.
Le An 7 Oct 2021 Reply

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Can anyone comment on their experience when trading using Hot Forex's Auto account. Is it fast execution or not? Any problems / issues faced and were they resolved in a timely manner? All traders' opinions are welcomed. Traders from Kenya are much appreciated as I am also Kenyan.
Faith 30 May 2021 Reply

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How can I get someone who will trade for me then we share profits?
Pheneas 14 Jun 2021

Hotforex is Misleading. Its Market maker not ECN. I used their zero spread account which it claims to be ECN but is not quite ECN. I haven't used auto. Hotforex though a legit broker but hides crucial details that noobs might simply ignore. 1) Though they claim to be an ECN broker there all orders are routed through HF markets which is their partner company. Now HF markets have market maker license from FCA thus its not pure ECN though it claims to be. 2) No proper disclosure of exchange rate while depositing and withdrawing from local banks unlike other brokers like FXTM. I deposited USD at exchange rate of 73.5 USD/INR but received back USD/INR 69.5 which is as bad as swift transfer. Then why claim zero fees or provide local bank facility just use wire transfer. 3) True ECN does not have minimum stop loss and limit order pips requirement which is worse than many who don't even claim being ECN.
Anuj 30 Jun 2021

I am also from Kenya and inexperienced, therefore I'm interested in Copy Trading Brokers.
Antony 17 Sep 2021

Hot Forex does not offer copy trading. I have traded with them for several months.
Raphael 17 Jan 2022

The broker is known to me since 2016. I am trading with them for quite that time, October 2016. I haven't found anything unusual to complaint here. I have good experience with this broker. They really helped me a lot while i was in financial distress. I made money through trading started with small amount and managed to earn with that sum i started with. Now my account has grown up in good handsome figures. I make withdrawals every Thursday which usually comes in my skrill by Monday. Recommended broker according to my own experience.
ATQ 6 Apr 2021 Reply

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Crypto trading is an option with hotforex, but over all the broker is proven and tested a good one to trade forex and metals. 2 years trading live and I think there is no reason to switch, made 2 withdrawals this 2021 and it's much needed funds during this time and all are processed with ease. well done.
Miles 1 Apr 2021 Reply

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Does this broker have white-label service?
Vu Hai 19 Mar 2021 Reply

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Ok so, I was working with this broker for few years, I had a trading account which I used trading spot Metals in there, I kinda created a portfolio which I don't think that would be a problem because you pay the commission and Swap for your trading positions. Suddenly they informed me that they would no longer work with my region and closed my portfolio with current market price against my will and caused me a loss of $2700 USD. And the most important thing was they didn't at least notify me a month or two earlier so i could at least have time to adjust my portfolio and withdraw my savings. So I emailed customer support staff detailing that if you're no longer work with my region then you should be responsible for my investment because i trusted this broker by throwing my earnings into it and you closed my trades at a bad time, and i want my money back because your broker was responsible by closing my trades against my will
so they didn't listen and they're response was: 'Sorry for any inconvenience' ( I will attach the conversations in here if needed). So they closed my trades against my will and caused me a huge loss and they response was sorry for any inconvenience. They are not responsible for your hard worked money they will take it away and throw you out at anytime they want. So please listen and stay away from this unreliable broker.
Omid Navid 15 Mar 2021 Reply

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Hi Omid. Which region is this?
Faith 31 May 2021

I am investing into PAMM on this broker. Such a reputable FCA broker and good service with hundreds PAMM accounts for investment consideration.
Jack 1 Jan 2021 Reply

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On the matter of PAMM accounts, I think the PAMM Managers build investors' accounts only to deliberately make bad trades without stops and the investors end up loosing a lot. I have seen a PAMM Manager loose about $200000 in two days. The shocking thing is he kept placing one loosing trade after another and only stopped after the accounts were almost wiped out. The brokers defense is that the traders are independent and we investors are aware of the risks. But I think this is an arrangement with the Managers.
Wachu 25 Jan 2021

If I were you I would bother with the PAMM account, you will regret it. Take it from me, I lost half of my life's saving.
BxB 12 Mar 2022

This is the good broker to trade forex. and their service is good.
Thando 15 Nov 2020 Reply

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Good broker, I can safely recommend based on 6 months live trading, great spreads, and good active support. pls read bonus terms before acquiring, many traders tend to neglect that and take it for granted. but over all hotforex is an excellent broker.
Jaja 6 Nov 2020 Reply

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Hotforex is a reliable broker as per my one year trading experience. I haven't had any issues while trading with their mt4 platform. It is easier to navigate. The overall services are great and this broker is recommended.
Gul Ali 30 Oct 2020 Reply

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I registered with Hotforex late 2019 and I have no regrets, the broker is actually better than what I thought, very well balanced and great services over all, setting aside bonuses and what not, they actually provide good trading conditions for forex trading.
liu ting 25 Oct 2020 Reply

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Been introduced by an IB with some cash back, that IB is pretty popular in my Forex community. I opened account and it's 6 months trading on major pairs, I haven't encountered any issue with the broker. Swift payout and fast support are their strengths. Highly recommended!
guest 23 Oct 2020 Reply

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They are really good, I'm quite happy with my trading and they are an easy recommendation, most spread on eur or usd pairs are really tight and good for scalping.
Lilia 16 Oct 2020 Reply

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HFM

HFM, established in 2010, has achieved remarkable recognition as a multi-award-winning forex and commodities broker, delivering unparalleled trading services and facilities to a diverse clientele, including retail and institutional investors. HF Markets Group proudly holds an array of prestigious...

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