Updated Jun 09 2023
Visit 71.24% of retail CFD accounts lose money. |
Visit
77% of retail CFD accounts lose money. |
Overview | |
HF Markets (HFM) is a global broker founded in 2010 under the brand name HotForex that specialises in CFDs trading on currencies, commodities, indices, stocks, ETFs, bonds and futures. Recently they added to their portfolio commission-free real stocks and ETFs. |
FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. **The below information is provided based on FXCM EU LTD. For other FXCM entities, please go to the corresponding FXCM website for more information. TheTradingBible.com is acting in a capacity of marketing affiliate for FXCM EU LTD. |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 5 Provided by |
Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
No fresh news at the moment. Check again soon! |
No fresh news at the moment. Check again soon! |
Key Data | |
⌛ Account Opening Time | |
1 day | 1 day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2010 | 1999 |
💳 Minimum Deposit Range | |
0 | $50 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
6 - USD, EUR, NGN, JPY, ZAR, THB. | 4 - EUR GBP, USD, CHF. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, SY, IR. |
RU, US, CA, JP, SK, BE and more. |
📊 STP Account | |
No | No |
📊 DMA Account | |
No | No |
📊 ECN Account | |
No | No |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
Hybrid | CFDs |
Total Asset Offering | |
2,295 | 447 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
2,113 | 0 |
📙 Stock CFDs | |
54 | 341 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
53 | 41 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
13 | 14 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
11 | 19 |
📔 ETFs | |
0 | 0 |
📔 ETFs CFDs | |
34 | 0 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
0 | 22 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
3 | 10 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
0 | 0 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
14 | 0 | Trading Experience |
📈 Minimum Stock Trade Size | |
$5 - Fractions Allowed | 1 Share |
📉 Minimum ETFs Trade Size | |
$5 - Fractions Allowed | Unavailable |
📈 Minimum Crypto Trade Size | |
Unavailable | 1 Unit |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
$1,000 (0.01 Lots) | Varies by Commodity (Eg: 1 Troy ounce of Gold) |
📉 Minimum Bonds Trade Size | |
$1,000 (0.01 Lots) | Unavailable |
📈 Minimum Futures Trade Size | |
$1,000 (0.01 Lots) | Unavailable |
📉 Minimum Options Trade Size | |
Unavailable | Unavailable |
💪 Retail Leverage | |
2000 | 30 |
💪 Professional Leverage | |
Unavailable | 400 |
✍ Customisable Leverage | |
Yes | No |
🎲 Deleveraged Trading | |
Yes | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | No |
📺 cTrader | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | Yes |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
Yes | Yes |
👫 Social Trading | |
Yes | Yes |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
Yes, $5 monthly after 6 months of inactivity. |
50 units of the account's base currency yearly after 1 year of inactivity. |
💰 Deposit Fees | |
None | Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency). |
💰 Withdrawal Fees | |
None | None |
💰 Commissions | |
Yes depending on account type:
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None | Spreads |
📈 EUR/USD | |
Dynamic - From 0 to 1.3 Pips | Dynamic - From 1.2 Pips |
📉 SP500 | |
Dynamic - From 41 Pips | Dynamic - From 58 Pips |
📈 GOLD | |
Dynamic - From 25 Pips | Dynamic - From 41 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $0.33 | Dynamic - From $1.04 |
📈 XLK (ETF - CFD) | |
Unavailable | Unavailable |
📉 BTC | |
Unavailable | Dynamic - From $51 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
No | No |
📡 Educational Content | |
Yes | Yes |
📡 Live Chat Support | |
No | Yes |
📡 Video Tutorials | |
No | No |
📡 Account Management | |
No | No |
📡 Webinars | |
Yes | No |