BrokerForexReviews

HFM — Fees, Spreads & Regulation 2026

EUR/USD 0.3 pips · Min deposit $5 · ECN / Raw Spread · FCA, CySEC, FSCA, DFSA, FSA regulated
FCA 801701CySEC 183/12FSCA 46632DFSA F004885FSA SD015 Rank #70 / 100 on cost MT4/MT5 Copy trading
Data verified 2026-09-15 from official regulator registers

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HFM is a forex and CFD broker founded in 2010, headquartered in Limassol, Cyprus. It is regulated by FCA (licence 801701), CySEC (licence 183/12), FSCA (licence 46632), DFSA (licence F004885), FSA (licence SD015). The EUR/USD spread starts from 0.3 pips on a raw-spread ECN account — the spread is near zero but a commission of approximately $7 per standard lot applies. The minimum deposit is $5. The broker offers 1,000+ tradable instruments. MetaTrader 4 and MetaTrader 5 are available. This page shows verified regulation data, a full trade cost breakdown, and how HFM compares to 100 other brokers on real trading fees.

Key metrics

$5
Minimum deposit
0.3 pips
EUR/USD spread
ECN / Raw Spread
2000:1
Max leverage (forex)
1,000+
Instruments

Regulation & legal entities

Regulator Licence number Legal entity Max leverage Countries
FCA
Tier 1 — Strict
801701 HF Markets (UK) Ltd 30:1 GB
CySEC
Tier 2 — Standard
183/12 HF Markets (Europe) Ltd 30:1 CY, DE, FR, ES, IT, NL, PL, AT, BE, PT +18 more
FSCA
Tier 2 — Standard
46632 HF Markets SA Pty Ltd 500:1 ZA
DFSA
Tier 2 — Standard
F004885 HF Markets MENA Ltd 500:1 AE, SA, KW, QA, BH, OM
FSA
Tier 3 — Offshore
SD015 HF Markets (Seychelles) Ltd 2000:1 IL, ZA, AE, SA, IN, NG, KE, EG, BR, MX +20 more

EUR/USD trade cost breakdown — 1 standard lot

HFM ranks #70 out of 100 brokers for a standard EUR/USD trade held overnight.
Hold duration Spread cost Commission Swap (est.) Total
Intraday (no overnight)$3.00$7.00$10.00
1 night$3.00$7.00$6.50$16.50
3 nights$3.00$7.00$19.50$29.50
1 week$3.00$7.00$45.50$55.50
1 month$3.00$7.00$195.00$205.00

Swap rates are industry-typical estimates. Actual overnight rates vary per broker and change with interest rates. Commission is estimated from spread profile (ECN / Raw Spread).

How HFM compares — EUR/USD, 1 lot, 1 night, 100 brokers ranked

Rank Broker Spread Spread $ Commission Swap (est.) Total
1 Pepperstone 0 pips $0.00 $7.00 $6.50 $13.50
2 IC Markets 0 pips $0.00 $7.00 $6.50 $13.50
3 FP Markets 0 pips $0.00 $7.00 $6.50 $13.50
4 Exness 0 pips $0.00 $7.00 $6.50 $13.50
5 Tickmill 0 pips $0.00 $7.00 $6.50 $13.50
6 Eightcap 0 pips $0.00 $7.00 $6.50 $13.50
7 RoboForex 0 pips $0.00 $7.00 $6.50 $13.50
8 LiteFinance 0 pips $0.00 $7.00 $6.50 $13.50
70 HFM 0.3 pips $3.00 $7.00 $6.50 $16.50

Platforms & account

MT4MT5HFM App
MetaTraderMT4 & MT5 available
Copy tradingYes
Real stock ownershipNo (CFD only)
Retail loss rate76% of retail accounts lose money
HeadquartersLimassol, Cyprus
Founded2010

Countries not accepted

USCAIRKPSYCUSDBYRU

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Data sourced from official regulator registers (FCA, ASIC, CySEC, MAS and others), verified 2026-09-15. Spread figures are typical/minimum and may differ on live accounts. Trade cost estimates use standard lot sizes and typical industry swap rates. This page does not constitute financial advice. Read full HFM review →