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HFM -

Score

6.21 /10
Average

HFM

Cyprus

10-15 years

Regulated in United Kingdom

Straight Through Processing (STP)

MT4 Full License

Global Business

High potential risk

Offshore Regulated

http://www.hfm-chn.com

Benchmark

B

Influence

AA

Add brokers

Comparison

Quantity 52

Exposure

Open Account
Website

Score

Regulatory Index6.93

Business Index7.32

Risk Management Index0.00

Software Index9.99

License Index6.20

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
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XTrend Speed
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Danger

MY SCM
2020-01-01
INVESTOR ALERT LIST
HFM

Broker Information

More

Company Name

HF Markets Group

Company Abbreviation

HFM

Platform registered country and region

Cyprus

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 3
Previous Detection : 2025-07-01
  • The number of the complaints received by WikiFX have reached 48 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

HFM

United Arab Emirates

WikiFX Verification

HFM · Benchmark
Average transaction speed(ms)
408.5 Good
The highest transaction speed(ms)
24 Perfect
The highest speed of opening positions(ms)
24 Perfect
The highest speed of closing position(ms)
25 Perfect
The lowest speed of opening positions(ms)
1937
The lowest speed of closing position(ms)
1625
Ranking： 98 / 130
Test user 273
Transactions 26,290
Ocuppied margin $263,862 USD
Data Source WikiFX Data provide
Updated: 2025-06-27 01:06:00

Exposure

52 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

Unable to log in on the webpage

Unable to log in, the webpage is also uncorrect.

2024-10-26 20:07
Others

Unable to log in

hfmkae.com I have been using this website to log in before, but I can't log in these few times. I don't know what the official website is, and there is no customer service.

2024-10-26 23:27
Unable to Withdraw

Unable to withdraw funds

I have already reported to the public security bureau, but I still haven't dealt with it. Forex users still need to choose a good platform. This platform has closed their accounts and cannot log in anymore.

2023-06-07 22:22
Unable to Withdraw

Freeze my account and won’t process my withdrawals

They sent an email on October 31st asking me to give them a certificate of no criminal record, but I replied that only people in Hong Kong can apply for higher education and immigration. After that, they never responded to me. Then I withdrew the money on the 27th, and it has not arrived for 4 working days. And the withdrawal on the 31st is still being processed. Normally it will be processed on the 1st. This platform will make things difficult for customers when we earned money. They don’t want to pay me. The total amount is more than 30,000 US dollars.

2023-11-03 13:43
Resolved

The official website can't be opened

I contacted the account manager many times to ask for a new official website, but there was no reply.

2023-08-03 17:29
Unable to Withdraw

The unscrupulous platform deducted all my profits.

Once I make a profit, the unscrupulous platform arbitrarily defines abnormal transactions and deducts all my profits, and even arbitrarily tamper with the transaction records.

2024-11-25 17:32
Unable to Withdraw

They don't process withdrawals, inexplicably deducted account balance, and now disallow accounts from China.

Traded for a month and made a profit of 3000 dollars. In the end, the withdrawal did not go through, they blocked my account and backend, then I received an email terminating our cooperation. They didn't even return the principal. I've never seen such a scam.

2025-06-17 15:14
Unable to Withdraw

Unable to withdraw funds

From the moment profits are made, withdrawals are restricted for various reasons. Initially, the company was required to pay personal income tax on the grounds that profits were too high. Then they said my transaction was suspected of money laundering, froze the account, and demanded money to unfreeze the account. If the amount is too high when withdrawing, the time will be extended to November 20, 2023. After that, the platform could not be opened. When I contacted customer service, they were told that the account had been automatically cleared by the system due to inactivity for a long time. This platform is a black platform, and now even the customer service cannot be contacted.

2023-11-16 20:50
Resolved

Can't I withdraw $200?

I have tried to withdraw funds since June 24th, but all failed. I contacted customer service, and they asked me to reply by email.

2024-06-27 15:54
Unable to Withdraw

The unscrupulous platform deducted all my profits.

Once I make a profit, the unscrupulous platform arbitrarily defines abnormal transactions and deducts all my profits, and even arbitrarily tamper with the transaction history records.

2024-11-22 15:50
Unable to Withdraw

unable to withdraw, scam platform!

Every time I make a profit, the platform will not let me withdraw money, saying that there is a problem with my trading strategy. When I lose money, they don't think there is a problem with the trading strategy, and I can always deposit money. This platform does not allow people to make profits and withdraw money at all.

2023-07-15 10:22
Unable to Withdraw

Unable to withdraw funds

I deposited more than 15,000 u on September 2, 2023, and participated in the exchange’s couple activities. I couldn't withdraw money that day. They said I needed to recharge 13140USDT. After the recharge was completed, I could withdraw the money. I completed the deposit on September 15th, and customer service said that the transaction volume needed to reach 10,000 USDT. I reached 15922USDT, but the withdrawal was unsuccessful. The customer service said that I needed to pay 20% personal income tax and asked me to recharge 10608 USDT. I don’t know what kind of requirements the customer service will ask after my recharge is completed. This is the HFM exchange website, https://sj.hfm66.net.im/vip/

2023-09-15 19:27
Unable to Withdraw

Unable to withdraw money

I am unable to withdraw money! This is a scam! I can't log in to the website now! All investors pay attention to your own money and be careful of being cheated!

2023-06-13 10:25
Unable to Withdraw

Deducted me $1035 for no reason

Account 32257921 was deducted 1035, please return it to me as soon as possible, and the China map of the proxy background you use is missing the Taiwan area, so hurry up and change it.

2023-08-04 13:46
Unable to Withdraw

Failure to withdraw funds on time

On August 17, 2023, it was said that my account was fine, and the cash withdrawal could arrive within 24 hours. Today, on August 18th, I was told that the withdrawal amount was too large, and I was ranked 26231 in the queue. The expected arrival time is December 10th 2023. The payment was not made according to the arrival time stipulated by the FHM platform.

2023-08-18 16:50
Unable to Withdraw

It is a scam group, the deck software used for fraud, it is impossible to withdraw money at all, they scam you to deposit and recharge, friends who do foreign exchange investment should pay attention.

A stranger added you as friend to chat about stocks through social-media, added yur QQ numbrer in the chat, and said that there was a stock analysis group in which there were teachers and experts (in fact, they were all members of a fraud gang), and they pulled you into their unlisted stock for information security through a chat software called Golden Sun chatting about stocks. Saying that the stock market is not doing well recently and induce you to make international gold to earn foreign exchange. Finally, build a group through WeChat chat to talk about international gold, and induce you to deposit and recharge step by step, through gold trading software. (In fact, the tools used by fraud gangs are fake software made by themselves.) In order to earn your trust, you can withdraw money at the beginning, and after you deposit and recharge, they will use various tricks to trick you into recharging and deposit more funds. In the end, I couldn't withdraw money, and finally I couldn't log in. It is estimated that they change the software website back and forth to carry out fraud through the Internet, and it should be mainly because those who invest in stocks are easy to be targeted. Investors should keep their eyes open, there will be no free lunch, who will make you rich with strangers who are not relatives!

2023-07-03 10:07
    Sources
    Data Source WikiFX Data provide
    Updated: 2025-07-01
    HFM · Company summary

    Established in 2010, HFM is an online trading broker registered in various countries. It operates under the supervision of FCA, DFSA, FSA and CMA and offers more than 500 trading instruments.

    In addition, it sets up 4 types of accounts for traders with different trading needs and experience, all of which can use the 3 trading platforms it provides.

    In terms of fees, the account can be commission-free trading, 0 pip starting spread trading forex and specific instruments without swaps.

    What can I trade with HFM？

    HFM offers 500+ trading instruments, specifically related to the following:

    • Forex: 50+ currency pairs covering major currencies, minor currencies and exotic currencies.

    • Metals: Precious metals such as gold, silver, platinum and palladium can be traded at spot prices.

    • CFDs On Energies: Choose between spot contracts or futures contracts to trade in the crude oil market using CFDs.

    • Indices: Supports access to global indices including the US 500 and the UK 100.

    • CFDs On Stocks: Support for trading CFDs on stocks of the world's largest and best-known companies such as Apple, Amazon and Meta.

    • CFDs On Commodities: Soft commodities as well as hard commodities such as cocoa, coffee and copper are included.

    • CFDs On Bonds: Bonds issued by the world's leading economies, such as UK and US government bonds, can be traded.

    • CFDs On ETFs: Covers markets, sectors, currencies and commodities.

    • CFDs On Cryptocurrencies: Cryptocurrencies including Bitcoin, Ethereum, Ripple and Litecoin.

    News

    NewsLight Up Your Ramadan: HFM’s 2025 Reward is Here

    Ramadan is a month of blessings, purity, and kindness celebrated worldwide. HFM, a reputable broker, is enhancing your celebration by providing a Ramadan special offer. Check out the details of this offer below.

    WikiFX
    2025-03-06 19:41
    Light Up Your Ramadan: HFM’s 2025 Reward is Here

    NewsHFM NY Special Offer!

    If you were expecting a New Year promotion this month, then your wish has been heard. The well-known broker HFM has launched the New Year 2025 Promotion for traders and investors. It offers thrilling rewards. Read important details of the promotion below.

    WikiFX
    2025-01-16 14:50
    HFM NY Special Offer!

    NewsWin Big This Christmas with HFM’s PHP 1,000,000+ Promotion!

    Join HFM’s Christmas Promotion in the Philippines from Dec 2, 2024, to Jan 31, 2025, and win your share of PHP 1,000,000+ in cash prizes. Everyone’s a winner!

    WikiFX
    2024-12-12 13:13
    Win Big This Christmas with HFM’s PHP 1,000,000+ Promotion!

    ExposureSC Malaysia Warns Against HFM

    The Securities Commission Malaysia (SCM) issued a warning against a well-known broker, HFM/HFM Markets.

    WikiFX
    2024-04-30 20:18
    SC Malaysia Warns Against HFM
    About More

    User Reviews

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    User comment

    41

    Comments

    Write a review

    FX4379651844
    more than one year
    交易一个月盈利3000刀，最后出金不给到账，封禁账户和后台，然后收到邮件，终止合作，最后本金都不给，没见过这么黑的
    交易一个月盈利3000刀，最后出金不给到账，封禁账户和后台，然后收到邮件，终止合作，最后本金都不给，没见过这么黑的
    Translate to English
    2025-06-17 15:14
    Reply
    0
    0
    FX3134911165
    0-3months
    kecurangan broker ini disaat saya trading pada saat news CPI, ketika saya mengambil posisi sell tiba tiba entry-an saya meloncat kebawah sekitar 140 Pips dan pada saat itu saya langsung floating minus
    kecurangan broker ini disaat saya trading pada saat news CPI, ketika saya mengambil posisi sell tiba tiba entry-an saya meloncat kebawah sekitar 140 Pips dan pada saat itu saya langsung floating minus
    Translate to English
    2025-06-15 04:06
    Reply
    0
    0
    52