HFM

I used to trust HFM, but recently their spreads have become ridiculous, especially on gold. It eats profits before trades even start.

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

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!

sangat baik

Good broker in my opinion with all the options available for successful trading.

Excellent and good

Promptly responded and clear explaining. Good customer service.

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.

My overall experience has been good; the support team was helpful, detailed, and ensured swift withdrawals.