Regulated

HFM

Website hfm.com

HFM operates through HF Markets (Europe) Ltd (CySEC 183/12), HF Markets (UK) Limited (FCA 801701), HF Markets (DIFC) Limited (DFSA F004885), HF Markets SA (Pty) Ltd (FSCA FSP 46632), HFM Investments Limited (CMA Kenya 155) and HF Markets (Seychelles) Ltd, which is listed as a securities dealer by the FSA Seychelles.

Licences last checked 2026-11-05

User rating

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Trust Score

High · 10.00 /10

Formula v1 · Regulation only, so far

Is HFM regulated?

Yes. 6 active licences, including 1 from Tier-1 regulators (FCA).

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Licences

Checked against each regulator’s public register.

Legal entity	Regulator	Licence no.	Licence type	Status	Verified	Source
HF Markets (Europe) Ltd Cyprus	CySECT2 Cyprus Securities and Exchange Commission	183/12	Cyprus Investment Firm (CIF)	Active	✓ 2026-11-05	Register ↗
HF Markets (UK) Limited United Kingdom	FCAT1 Financial Conduct Authority	801701	Authorised investment firm (FRN)	Active	✓ 2026-11-05	Register ↗
HF Markets (DIFC) Limited United Arab Emirates	DFSAT2 Dubai Financial Services Authority	F004885	Authorised Firm (Arranging Deals in Investments; Dealing in Investments as Principal, matched principal only; retail endorsement)	Active	✓ 2026-11-05	Register ↗
HF Markets SA (Pty) Ltd South Africa	FSCAT2 Financial Sector Conduct Authority	46632	Financial Services Provider (FSP), Category I - derivative instruments	Active	✓ 2026-11-05	Register ↗
HFM Investments Limited Kenya	CMA (KE)T2 Capital Markets Authority	155	Non-Dealing Online Foreign Exchange Broker	Active	✓ 2026-11-05	Register ↗
HF Markets (Seychelles) Ltd Seychelles	FSA (SC)T3 Financial Services Authority	—	Securities Dealer	Active	✓ 2026-11-05	Register ↗

Score breakdown

Formula v1

Preliminary score: only regulation strength has been assessed, so the score shown is that part alone, out of 10. The other four parts are added in the next research phase.

Regulation strengthweight 45%

10.0 /10

Best active licence tier, plus 0.5 for each extra active licence.

Transparencyweight 20%

Not assessed yet

Five disclosure checks, 2 points each: legal entity named, licence numbers shown, physical address, client agreement and execution policy published, full fee schedule.

Client protectionweight 15%

Not assessed yet

Segregated funds 4, negative balance protection 3, compensation scheme 3.

Risk signalsweight 10%

Not assessed yet

Starts at 10. Minus 4 per regulator warning and 0.5 per unresolved complaint (up to 4).

Track recordweight 10%

Not assessed yet

One point per year since the first licence, up to 10.

Regulator warnings and clone alerts

Clone firm

A clone firm called “HotForexMarket (clone of an FCA authorised firm)” (hotforexltd.com) is using this broker’s details.

Warning published by FCA on 2024-09-30. Source ↗

Clone firm

A clone firm called “hfmarketsx.com / hfmarketst.com (Clone of FCA Authorised Firm)” (hfmarketsx.com) is using this broker’s details.

Warning published by FCA on 2024-04-29. Source ↗

Trading conditions

Minimum deposit: Not checked yet
Maximum leverage: Not checked yet
Platforms: Not checked yet
Instruments: Not checked yet
Segregated client funds: Not checked yet
Negative balance protection: Not checked yet
Compensation scheme: Not checked yet
Transparency: Not checked yet