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    HF Markets (HFM)
    Visit

    71.24% of retail CFD accounts lose money.

    Vs.

    Valutrades
    Visit

    82% of retail CFD accounts lose money.

    HF Markets (HFM) Vs. Valutrades - Compare Trustworthiness, Capabilities, Fees and Legitimacy

    Updated Jun 09 2023

    Visit

    71.24% of retail CFD accounts lose money.

    Visit

    82% 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.

    Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.

    Best For
    • Low volume traders looking for a low minimum deposit, low trade size and competitive spreads
    • High volume traders looking for a competitive commission-driven environment through their zero spread account
    • Traders looking to copy or provide knowledge via their HFCopy account
    • Currency traders looking for an ECN broker
    • Professional currency traders looking for an API offering
    • Traders looking for a narrow range of commodities, cryptocurrencies 
    Licenses

    Financial
    Licenses

    Regulation

    Regulated

    Top-tier Licenses

    2

    Other Licenses

    5

    Provided by
    TheTradingBible.com

    Learn More

    Financial
    Licenses

    Regulation

    Regulated

    Top-tier Licenses

    1

    Other Licenses

    1

    Provided by
    TheTradingBible.com

    Learn More
    πŸ› Financial Regulators
    • CySec (Cyprus)
    • FCA (UK)
    • DFSA (United Arab Emirates)
    • FSCA (South Africa)
    • FSA (Seychelles)
    • FSA (St. Vincent and the Grenadines)
    • CMA (Kenya)
    • FSAS (Seychelles)
    • FCA (UK)
    The Good
    • Well-structured account offering with options for all types of traders
    • Competitive commissions on their Zero Spread and PAMM accounts
    • Copy trading via MT4 / 5 offered through their HF Copy account
    • Scalping is allowed (great for professional traders)
    • Competitive commissions of $3 per lot round turn
    • Access to ECN or DMA accounts 
    The Bad
    • Platform offering is limited to MetaTrader 4 and 5
    • Asset offering in CFDs is below industry standards with 1,200 CFDs
    • Their proprietary mobile app does not offer trading capabilities
    • Asset offering is poor (only 80 instruments and no stocks or ETFs)
    • Doesn’t have its on trading application
    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
    βŒ› Account Opening Time
    1 day 1 day
    πŸ“‹ Documents Required
    • Valid identity document (Passport, ID Card, etc)
    • Valid proof of residence document (Bank statement, utility bills)

    All documents must be under the account holder's name.

    • Valid identity document (Passport, ID Card, etc)
    • Valid proof of residence document (Bank statement, utility bills)

    All documents must be under the account holder's name.

    πŸ“ Year Founded
    2010 2012
    πŸ’³ Minimum Deposit Range
    0 0
    πŸ’° Payment Methods
    • Visa
    • Mastercard
    • Neteller
    • Skrill
    • Sofort
    • FasaPay
    • WebMoney
    • BitPay
    • PayRetailers
    • PayRedeem
    • Bank Transfer
    • Visa
    • Mastercard
    • Maestro
    • American Express
    • AstroPay
    • Diners
    • SticPay
    • PayPal
    • Skrill
    • Neteller e-wallets
    • Wire transfers
    • Giropay
    • iDEAL
    • JCB
    • Klarna
    • POLiPaysafecard
    • Przelwy24
    • Rapid Transfer
    • AliPay
    πŸ’΅ Account Base Currencies
    6 - USD, EUR, NGN, JPY, ZAR, THB. 13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR
    πŸ—½ Available to U.S Citizens
    No No
    ❌ Restricted Countries

    US, CA, SY, IR.

    US, IR, SY.

    πŸ“Š STP Account
    No No
    πŸ“Š DMA Account
    No Yes
    πŸ“Š ECN Account
    No Yes
    Banking License
    No No
    Debit Card
    No No
    Assets
    πŸ“š Assets Type
    Hybrid CFDs
    Total Asset Offering
    2,295 133
    Exchange Access
    0 0
    πŸ“™ Real Stocks
    2,113 0
    πŸ“™ Stock CFDs
    54 0
    πŸ“˜ Currency Pairs
    0 0
    πŸ“˜ Currency Pair CFDs
    53 73
    πŸ“— Commodities
    0 0
    πŸ“— Commodities CFDs
    13 5
    πŸ“• Indices
    0 0
    πŸ“• Indices CFDs
    11 25
    πŸ“” ETFs
    0 0
    πŸ“” ETFs CFDs
    34 0
    πŸ’Έ Cryptocurrencies
    0 0
    πŸ’Έ Cryptocurrency CFDs
    0 4
    πŸ“’ Bonds
    0 0
    πŸ“’ Bonds CFDs
    3 0
    πŸ““ Options
    0 0
    πŸ““ Options CFDs
    0 0
    πŸ“— Futures
    0 0
    πŸ“— Futures CFDs
    14 26
    Trading Experience
    πŸ“ˆ Minimum Stock Trade Size
    $5 - Fractions Allowed Unavailable
    πŸ“‰ Minimum ETFs Trade Size
    $5 - Fractions Allowed Unavailable
    πŸ“ˆ Minimum Crypto Trade Size
    Unavailable Varies per cryptocurrency (eg: 0.01 BTC)
    πŸ“‰ Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 Lots)
    πŸ“ˆ Minimum Commodities Trade Size
    $1,000 (0.01 Lots) Varies per commodity (eg: 0.01 Contracts of Gold)
    πŸ“‰ Minimum Bonds Trade Size
    $1,000 (0.01 Lots) Unavailable
    πŸ“ˆ Minimum Futures Trade Size
    $1,000 (0.01 Lots) Unavailable
    πŸ“‰ Minimum Options Trade Size
    Unavailable Unavailable
    πŸ’ͺ Retail Leverage
    2000 30
    πŸ’ͺ Professional Leverage
    Unavailable 500
    ✍ Customisable Leverage
    Yes No
    🎲 Deleveraged Trading
    Yes No
    πŸŽ“ Demo Account
    Yes Yes
    πŸ“± IOS App
    Yes No
    πŸ“± Android App
    Yes No
    πŸ“Ί MetaTrader 4
    Yes Yes
    πŸ“Ί MetaTrader 5
    Yes Yes
    πŸ“Ί cTrader
    No No
    πŸ’» Web trader
    Yes No
    πŸ’» TradingView Platform
    Yes No
    πŸ’» Proprietary Platform
    Yes No
    πŸ“Š Multi-chart Tools
    Yes Yes
    πŸ‘¬ Copy Trading
    Yes Yes
    πŸ‘« Social Trading
    Yes No
    πŸ”‘ Guaranteed Stop-loss
    No No
    πŸ”¨ Trailing Stop-loss
    Yes Yes
    Fees
    πŸ’° Inactivity Fee

    Yes, $5 monthly after 6 months of inactivity.

    Three free withdrawals a month, then 5% processing fee.

    πŸ’° Deposit Fees
    None None
    πŸ’° Withdrawal Fees
    None None
    πŸ’° Commissions

    Yes depending on account type:

    • Micro accounts have no commissions.
    • Premium accounts have no commissions
    • Zero Spread accounts have a minimum commission that varies between $3 to $4 per lot traded
    • PAMM (Premium) accounts have no commission
    • PAMM (Premium Plus) accounts have a commission of $8 per lot round turn
    • HFCopy accounts have no commissions

    Yes (Eg: Forex commission of $3 per side with ECN account).

    Spreads
    πŸ“ˆ EUR/USD
    Dynamic - From 0 to 1.3 Pips Dynamic - From 0.1 Pips
    πŸ“‰ SP500
    Dynamic - From 41 Pips Dynamic - From 34 Pips
    πŸ“ˆ GOLD
    Dynamic - From 25 Pips Dynamic - From 22 Pips
    πŸ“‰ TSLA (Stock CFD)
    Dynamic - From $0.33 Unavailable
    πŸ“ˆ XLK (ETF - CFD)
    Unavailable Unavailable
    πŸ“‰ BTC
    Unavailable Dynamic - From $90
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    πŸ”­ Stock Screener
    No No
    πŸ—“ Economic Calendar
    Yes Yes
    πŸ“œ Integrated Newsfeed
    Yes No
    πŸ“‘ Reuters Feed
    No No
    πŸ“‘ Educational Content
    Yes No
    πŸ“‘ Live Chat Support
    No No
    πŸ“‘ Video Tutorials
    No No
    πŸ“‘ Account Management
    No No
    πŸ“‘ Webinars
    Yes No