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WELL-PERFORMING BROKER
8.5
(18 Reviews)

Founded: 2010 Min Deposit: -

Headquarters: Cyprus Max Lev: 1 : 2000

Score
Business Scope
8.5
Trading Cost
8.5
Trading Platforms
8.5
Support
8.5
Licence Status
FCA 801701
FSCA 46632
Seychelles FSA SD015
Authorised
Authorised
Authorised
Contact
+44-203 097 85 71
support@hfm.com
Multiple Base Currencies Support
Multilingual Support
Multi-regulation
Fast Deposit
Fast Order Execution
Fast Withdrawal
Multiple Account types

Deposit and Withdrawal

8.5

Very Good

Fast deposit & withdrawals

Features

Fast Deposit
Fast Withdrawal
Low Minimum Deposit

See more
See more

Company and Service

8.5

Very Good

Features

Good Customer Service
Multilingual Support
Quick Response
Profile
Headquarters Address
Cyprus
Founded 2010
Broker Type
STP,  MM/DD
Time Zone GMT+2
Credit Profile No information
Trading Platforms
MT4
HFM Platform,  Webtrader
MT5
Webtrader
Contact
No Data
Others
Website Language
Arabic,  Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  Filipino,  French,  German,  Hindi,  Indonesian,  Italian,  Japanese,  Malay,  Portuguese,  Russian,  Spanish,  Thai,  Urdu,  Vietnamese
Customer Service By
Phone,  Email,  Live Chat
Supported Language
Arabic,  Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  Filipino,  French,  German,  Hindi,  Indonesian,  Italian,  Japanese,  Malay,  Portuguese,  Russian,  Spanish,  Thai,  Urdu,  Vietnamese

Related Complaints

Q&A Complaints

Overall Score

8.5
18 Reviews

Cost 8.5

Platforms 8.5

Deposit & Withdrawal 8.5

Customer Support 8.5

Indicates the average level of Brokers

Keywords for selection

18 Reviews Clear filter

6P9Z9V7R5J
7-12 months ZERO Account Aland lslands
Great
Dec 01, 2025
Reply
Abdel
0-6 months CENT Account Cyprus
Why haven't my withdrawals arrived?
Oct 30, 2025
Reply
Henry
1-3 years CENT Account Latvia
I used to trust HFM, but recently their spreads have become ridiculous, especially on gold. It eats profits before trades even start.
Oct 21, 2025
Reply
6P9Z9V7R5J
Yes
Dec 01, 2025
1
Reply
Kyramart
Over 3 years PRO Account India
Hi everyone,My name is Kundan Singh Rajput, and I’ve been using HFM (HotForex) for the last 5–6 years. I always trusted the platform and used to deposit money via UPI and IMPS from India. But this time, something very wrong happened — and I want to share the truth with all of you.On 14th October 2025, I made two deposits from my HFM account:The first deposit was ₹50,000 around 2:55 PM using the UPI QR code shown directly on the HFM deposit page.The receiver name showed Mr. Arvind Ahirwar.The second deposit was ₹8,879 around 3:11 PM with a different QR, and this time the receiver name showed Mr. Bikash Behera.I scanned both QR codes through PhonePe, and the money was successfully transferred — confirmed by my bank. I even took screenshots of both QR codes before paying.Usually, HFM deposits reflect instantly or within an hour, but even after 48 hours, no money was credited to my wallet. I raised multiple complaints to the HFM deposit team and support team — but got no proper response.Later, I contacted an HFM live agent on Facebook — and I have the screen recording for proof — where the agent clearly said that those UPI receivers do not belong to HFM.But in the same video, when I tried again to deposit from the HFM website, the same QR code and receiver details appeared again!So who is responsible? If those receivers don’t belong to HFM, then why does the same QR appear on their official deposit page?I’ve confirmed from my bank that both payments — ₹50,000 and ₹8,879 — were successfully credited to the receivers. So the mistake is not from my side.Now it’s been several days, and I still haven’t received my money. I have proofs, videos, and screenshots, and if this issue is not resolved soon, I’ll be raising a cyber complaint and posting all my recordings and evidence publicly to make others aware.I’ve trusted HFM for years — but after this experience, I genuinely feel betrayed.So this video is a warning and awareness for all traders — please be careful while depositing through UPI or QR on forex platforms. Always double-check the receiver name and take screenshots before paying.I’ll update you all here if HFM resolves this issue.If you’re also facing something similar, comment below or reach out to me — we’ll raise our voices together.#HFM #HotForex #ForexScam #UPIAlert #HFMReview #ForexTradingIndia #KundanSinghRajput
Oct 16, 2025
1
Reply
Kyramart
Finally, after a long series of emails and chat support, my issue has been resolved and the funds have been successfully deposited back into my wallet. Thank you, HFM, for your great service and support!
Oct 22, 2025
Reply
ivan
1-3 years PRO Account Malaysia
Have a bad experience when using this broker, spread suddenly widen for non USD pair from 2.4pips to 8pips during usd news, what a crazy stoploss hunt, damn!
Sep 04, 2025
Reply
IBRAHIM SAIL
Over 3 years PREMIUM Account Indonesia
sangat baik
Aug 07, 2025
Reply
Atif Shaheen
1-3 years PREMIUM Account Pakistan
Good broker in my opinion with all the options available for successful trading.
Jun 20, 2025
Reply
Arthur Kahil
Philippines
Excellent and good
Jun 13, 2025
Reply
Boralara
0-6 months Indonesia
Promptly responded and clear explaining. Good customer service.
May 30, 2025
Reply
Zeta Wei
7-12 months Australia
Alright, that's fine. However, each admin seems to offer a different solution, so you have to chat multiple times to resolve an issue. It's okay though—I'm still satisfied as long as my problem gets resolved in the end.
Jan 17, 2025
Reply

1-10 of 18 comments

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