HF Market Review: A CySEC Clone Warning and an Unreachable Website

HF Market advertises itself as a Cyprus-based platform with up to 1:200 leverage, a 1.0-pip EUR/USD spread, and a $250 minimum deposit. The numbers look ordinary, but WikiFX scores the broker at just 1.76, and the WikiFX profile flags a suspicious clone relationship with CySEC alongside an official website that does not load.

This review covers what can be confirmed and what a trader should verify before depositing.

Company Profile

HF Market lists Cyprus as its registered country, with a UK phone line and a Larnaca address among its contact details. The official website, hf-market.org, was unreachable at review time; the profile notes the site is experiencing functionality issues. A down website removes the easiest way to check terms and licence claims against what the platform actually says.

WikiFX Dealer Page

Regulation and Safety

The profile lists a Cyprus Securities and Exchange Commission (CySEC) Market Making licence numbered 183/12. The key detail is the name it sits under: “HF Markets (Europe) Ltd” does not match the trading name “HF Market.” That mismatch is why the profile describes the broker as a suspicious clone, and it is the signal a trader should weigh before proceeding.

Trading Platform and Products

HF Market advertises a web-based platform with a $250 minimum deposit, up to 1:200 leverage, and a 1.0-pip EUR/USD spread. The profile, however, reports the platform is not fully functional and does not offer the widely used MetaTrader terminals. With the website down as well, there is little reliable way to test the service first.

Complaints

A complaint recorded in August 2025 from a trader in India describes a sequence worth noting. According to the user, withdrawal requests dragged on, the account was frozen without a clear reason, and unexpected hidden charges appeared. The user also reports the platform kept glitching and support replies were vague or unhelpful, and urges others to investigate before trusting HF Market.

Screenshot submitted by the user with the complaint (2025-08)

Final Thoughts

HF Market combines a very low WikiFX score, a CySEC licence recorded under a different company name, a clone warning in its own profile, and an unreachable website. Individually each point deserves caution; together they point to “verify before you deposit” rather than a green light.

If you are still considering this broker, confirm the licence on CySEC's official register, test a small deposit and withdrawal first, and check the live score and complaint history on the WikiFX App before committing anything larger.