Written by Angelo Martins
Edited by David Johnson
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated August, 2024

HFM Overall rating

4.8
Ranked 3 out of 827 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
5.0
3
Regulation
5.0
2
Pricing rating
4.5
1
Features
Not rated
1
Customer Support
Not rated
1

HFM Profile

Company Name HF Markets SA (PTY) & HF Markets (SV) Ltd
Categories Forex Brokers, Forex Rebates
Primary Category Forex Brokers
Year Founded 2010
Headquarters Cyprus
Office Locations United Arab Emirates, Bulgaria, Kenya, Mauritius, United Kingdom, South Africa
Account Currency EUR, JPY, USD, ZAR, NGN
Support Languages Arabic, Chinese, English, French, German, Hindi, Indonesian, Italian, Japanese, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, Bengali, Urdu, Chinese (Traditional), Filipino
Funding Methods Bank Wire, Credit/Debit Card, FasaPay, Neteller, Skrill, Sofort, BitPay, PayRedeem
Financial Instruments Forex, Shares, Indices, Bonds, Oil/Energies, Cryptocurrencies, Metals, ETFs
Prohibited Countries Iran, United States
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

HFM Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
hfm.com
Organic monthly visits 1,555,203 (99%)
Organic traffic rank 22 out of 827 (Forex Brokers)
Paid monthly visits 18,423 (1%)
Total monthly visits 1,573,626
Bounce rate 38%
Pages per visit 4.64
Average visit duration 00:05:14.3150000

HFM Account types

  Zero Spread Pro Premium PAMM Client accounts (Premium) PAMM Client accounts (Premium Plus)
CommissionMajors $6.0 Per Lot  Others $8.0 Per Lot-$5.00 Per Side Per 100K USD Traded
Maximum leverage2000:1400:1
Mobile PlatformMT4 Mobile, MT5 MobileMT4 Mobile, MT5 Mobile, Proprietary-
Trading platformMT4, MT5, WebTrader-
Spread TypeVariable Spread
Minimum Deposit01000500
Minimum Trade Size0.01
Trailing Stops-
Scalping Allowed-
Islamic Accounts
  Zero Spread
Commission Majors $6.0 Per Lot  Others $8.0 Per Lot
Maximum leverage 2000:1
Typical Spread 0.2
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 0
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Islamic Accounts
  Pro
Maximum leverage 2000:1
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Islamic Accounts
  Premium
Maximum leverage 2000:1
Typical Spread 1.4
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 MobileProprietary
Spread type Variable Spread
Minimum deposit 0
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Islamic Accounts
  PAMM Client accounts (Premium)
Maximum leverage 400:1
Typical Spread 1.0
Spread type Variable Spread
Minimum deposit 500
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Islamic Accounts
  PAMM Client accounts (Premium Plus)
Commission $5.00 Per Side Per 100K USD Traded
Maximum leverage 400:1
Typical Spread 0.2
Spread type Variable Spread
Minimum deposit 500
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Islamic Accounts

HFM User Rating

4.2

HFM reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.

HFM Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Zero Spread Pro Premium PAMM Client accounts (Premium) PAMM Client accounts (Premium Plus)
Forex$2.00 Per LotUp to $14.00 Per Lot$1.00 Per Lot
Oil / Energies$0.50 Per Lot$0.50 Per Lot$0.25 Per Lot
MetalsGold $3.50 Per LotUp to $6.00 Per Lot$1.00 Per Lot
Shares / EquitiesMT4 - $0.50
MT5 - $0.005
Per Lot
$0.25 Per Lot
Indices$0.50 Per Lot$0.50 Per Lot$0.25 Per Lot
Cryptocurrencies$0.50 Per Lot$0.50 Per Lot-
Payment Options
Direct to broker account (After $1)
Cash back is credited directly to your broker account daily when accumulated earnings exceed $1.00.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Zero Spread
Forex $2.00 Per Lot
Oil / Energies $0.50 Per Lot
Metals Gold $3.50 Per Lot
Shares / Equities MT4 - $0.50
MT5 - $0.005
Per Lot
Indices $0.50 Per Lot
Cryptocurrencies $0.50 Per Lot
Payment Options
Direct to broker account (After $1)
Cash back is credited directly to your broker account daily when accumulated earnings exceed $1.00.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Pro
Forex $2.00 Per Lot
Oil / Energies $0.50 Per Lot
Metals Gold $3.50 Per Lot
Shares / Equities MT4 - $0.50
MT5 - $0.005
Per Lot
Indices $0.50 Per Lot
Cryptocurrencies $0.50 Per Lot
Payment Options
Direct to broker account (After $1)
Cash back is credited directly to your broker account daily when accumulated earnings exceed $1.00.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Premium
Forex Up to $14.00 Per Lot
Oil / Energies $0.50 Per Lot
Metals Up to $6.00 Per Lot
Shares / Equities MT4 - $0.50
MT5 - $0.005
Per Lot
Indices $0.50 Per Lot
Cryptocurrencies $0.50 Per Lot
Payment Options
Direct to broker account (After $1)
Cash back is credited directly to your broker account daily when accumulated earnings exceed $1.00.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  PAMM Client accounts (Premium)
Forex $1.00 Per Lot
Oil / Energies $0.25 Per Lot
Metals $1.00 Per Lot
Shares / Equities $0.25 Per Lot
Indices $0.25 Per Lot
Payment Options
Direct to broker account (After $1)
Cash back is credited directly to your broker account daily when accumulated earnings exceed $1.00.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  PAMM Client accounts (Premium Plus)
Forex $1.00 Per Lot
Oil / Energies $0.25 Per Lot
Metals $1.00 Per Lot
Shares / Equities $0.25 Per Lot
Indices $0.25 Per Lot
Payment Options
Direct to broker account (After $1)
Cash back is credited directly to your broker account daily when accumulated earnings exceed $1.00.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

EXCLUSIVE DEAL! No Pip or time restrictions as with our competitors!

Rebates are not paid for:
  • Accounts registered with Seychelles FSA entity
  • Residents of France, Portugal
  • Deals from which the margin arises from the bonus funds
  • PAMM manager; HF Social accounts; hedge trades; and UK Shares trades.
* Some exclusions may apply

What are HFM rebates?

HFM rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do HFM rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much HFM rebates can I earn?

Use our forex rebate calculator to estimate your HFM rebate earnings:

 
You must enter a valid number

Are HFM rebates a scam; do my spreads increase?

HFM rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for HFM rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

HFM Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
HF Markets (Europe) Ltd up to €20,000 30 : 1
HF Markets (UK) Ltd up to £85,000 30 : 1
HF Markets SA (PTY) Ltd 1000 : 1
HF Markets (DIFC) Ltd 50 : 1
HF Markets (Seychelles) Ltd 1000 : 1
HFM Investments Ltd 400 : 1
HF Markets (SV) Ltd 2000 : 1

HFM Promotions

HFM Symbols

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