XM Forex Penguin

XM Forex Penguin


Last Updated: May 7, 2024 @ 12:47 pm


A Quick Summary of HFM

🕵 Broker TypeMM
📌 RegulatedCySEC (Cyprus), DFSA (United Arab Emirates), FCA (United Kingdom), FSA (Seychelles)
💰 Min Deposit$0
💹 EUR/USD Spread1.4 Pips
📈 Demo AccountYes
💱 Base CurrenciesAUD, CAD, CHF, EUR, GBP, NZD, SGD, USD, ZAR
📊 PlatformsMT4, MT5, Mobile, Web
💎 AssetsAlgriculture, Bonds, Commodities, Cryptos, ETF, Energies, Indices, Forex, Metals, Stock CFDs
📉 Hedging AllowedYes

HFM Broker Details

Broker Contacts

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Phone Icon
+44 2030978571
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Chat Support
Live Chat Available
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Social Media
Facebook Twitter LinkedIn Instagram Telegram Channel Youtube

Company Profile

Company Icon
Company Name
HF Markets (SV) Limited
HF Markets SA (PTY) Limited
HF Markets (Seychelles) Limited
HF Markets Fintech Services Limited
Year Icon
Year Founded
Headquarter Icon
Kingstown, St. Vincent and the Grenadines | Mahe, Republic of Seychelles | Larnaca, Cyprus | Johannesburg, South Africa
Regulated Icon
CySEC (Cyprus), DFSA (United Arab Emirates), FCA (United Kingdom), FSA (Seychelles)
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Countries Not Accepted
Canada (CA), Iran (IR), North Korea (KP), Sudan (SD), Syria (SY), United States (US)
Broker Type Icon
Broker Type
Market Maker (MM)

Trading Conditions

Demo Account: Yes
Minimum Deposit: $0
Minimum Withdrawal: $5
Maximum Leverage: 1:2000
Average Spread EUR/USD: 1.4 Pips
EA/Robotrading: Yes
Base Currency: AUD, CAD, CHF, EUR, GBP, NZD, SGD, USD, ZAR
Hedging Allowed: Yes
Scalping Allowed: Yes
Negative Balance Protection: Yes
Swap Free/Islamic Account: Yes
Social Copy Trading: Yes
Trading Instrument Icon
Available Trading Instruments
Algriculture CFDs, Bonds CFDs, Commodities CFDs, Cryptocurrencies, ETF CFDs, Energies CFDs, Equity Indices CFDs, Forex Pairs CFDs, Precious Metals CFDs, Stock CFDs
Payment Processor Icon
Available Payment Processors
Bank Cards, Bank Wire, BitPay, Cryptocurrency, FasaPay, Mastercard, Neteller, Skrill, VISA
Trading Platform Icon
Available Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile Platform, Web Platform

Frequently Asked Questions About HFM

✅Where do you get your prices from?

HFM clients have the ability to execute trades directly from real time streaming quotes, provided by the largest liquidity providers in the Forex market. Quotes are updated in real time.

✅What are the minimum trading volumes?

The minimum trading volumes will depend on the account opened. However, the minimum trade size we accept is 1 micro lot (0.01 lots). Minimum volume for US Oil, UK Oil and Indices is 1 standard lot.

✅What leverage is applied to my account?

Leverage available for HFM trading accounts is up to 1:1000 depending on the account type. For further details please go to Account Types page on HFM website.

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