🕐 Data updated: 2 Jul 2026

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HFM high popularity

FCACySECFSCADFSAFSAFSC MauritiusUnregulated
7.93/10
Honest score
Good pick
Withdrawals7.5
Regulation7
Funding options7
Local support7
💵 Min deposit0
⚡ Max leverage1:Unlimited
💳 FundingCards · e-wallet · crypto
🗣️ Local supportpartial

💳 Deposit by cards, e-wallets, crypto, bank transfer. Withdrawals are usually smooth, though some delays are reported.

What traders say ★ 4.3 · 2926

★★★★★

one of the best brokers I trade with - it is low commission and very fast servers - good support in Arabic and English - very fast withdrawal - I am a big fan since 7 years

Sherif · Jun 2026
★★★★★

I'm impressed with the chart of hfm on its mt4,fast opening of trades and closing.Withdraw is a wow🫡 HFM give us unlimited leaverage on all accounts even if you charge commission,No problem.You will be the best broker…

Ngwako · Jun 2026
★★★★★

Its the worst broker ever⛔️i lost over 25k usd excuse being technical error and kenyans country manager threatened me not to speak out now cause i cant speak out i will just leave a review✌🏾Soo no one goes through what…

Emmanuel · Jun 2026
★★★★☆

I reported last time that when you register and want to open an account you struggle to get the server you need. After the Cape Town show, i Thought that I will give them another try. I wanted to open an MT4 demo…

Lawrence · May 2026
★★★★★

The HFM customer service officer really helpful especially izzah. Love it. Thankss soo muvh.

NASIR · May 2026
★★★★★

Sangat membantu, dah mesra pelanggan, tq so much

Syazani · May 2026
★★★★★

Very good broker fast doposit faster withdrawal please care something problem UPI deposit option not working

vijay · Mar 2026
★★★★★

Exceptional customer service from Hemila at HFM Markets for assisting in all my queries especially, having my other accounts up and running. Attending their seminar in Johannesburg was also worth it. Also a big thanks…

Muhammed · May 2026

Read all reviews on Trustpilot →

Bottom line

HFM is a high-popularity choice among traders worldwide, scoring 7.93/10 on our scale. Opening an account takes just a few minutes — start with the button above.

Strengths

  • Group holds two independently-verifiable tier-1 licences (FCA UK #801701, CySEC Cyprus #183/12) confirmed directly on the FCA and CySEC public registers — real, but note these entities do not appear to serve Thai retail clients (see operatingEntities/redFlags)
  • Routine, modest-size withdrawals (bank transfer, cards, major e-wallets) are reported as processing within 1-2 business days by a majority of independent sources (Trustpilot majority sentiment, Pantip-adjacent Thai commentary, ForexPeaceArmy general review, thaibrokerforex.com)
  • Long operating history (est. 2010) and broad brand recognition among Thai traders, evidenced by multiple independent Thai-language review sites and a dedicated HFM Thailand social-media presence (YouTube, X)

Weaknesses

  • Thai retail clients are onboarded under offshore, lightly-regulated or unregulated entities (HF Markets (SV) Ltd, St Vincent — unregulated; or HF Markets (Seychelles) Ltd, FSA SD015) rather than the FCA/CySEC entities HFM markets most prominently — meaning the tier-1 regulatory recourse Thai traders may assume they have likely does not apply to them
  • A recurring minority pattern of serious withdrawal disputes appears concentrated on ForexPeaceArmy across 2024-2026 — allegations of profit being zeroed out and withdrawals rejected specifically after large/fast gains. Several of these threads are marked 'Resolved' (suggesting escalation via public complaint eventually produces an outcome), but the repeated initial-denial pattern itself is a real, cross-thread signal, not an isolated incident
  • Order-execution complaints during high-volatility news events (delayed fills / requotes) appear in both a Thai review source and general aggregator commentary
  • Native Thai payment-rail convenience (local QR, TrueMoney) is unconfirmed/likely absent — Thai traders appear to rely on bank wire transfer and cards/e-wallets rather than instant local QR rails common with some Thailand-focused competitors
  • HFM's Trustpilot score (4.5-4.6/5, ~2,800-2,900 reviews) likely carries the typical solicited-review skew of broker-initiated Trustpilot invitations and should be weighed against the smaller but more serious unsolicited complaint concentration on ForexPeaceArmy, not read at face value

🕐 Data updated: 2 Jul 2026 — each review shows its own "Data as of" date.

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