HFM Review 2026
Our rating: 7.5/10 (provisional) · Reviewed from the broker’s published terms — not yet live-tested · Figures from the Broker & Bonus Matrix
Reviewed by Tim Morris
Forex Trader, Broker & Bonus Analyst · Updated 28 July 2026
Regulation
HF Markets (SV) Ltd — St. Vincent & the Grenadines FSA (international entity)
Founded
2010
Min deposit
$0
Best bonus
100% SuperCharged Bonus — credit on each deposit ≥$50 (cumulative max $50,000) plus cash rebates up to $8,000
Quick verdict
HFM, operating since 2010, offers “100% SuperCharged Bonus — credit on each deposit ≥$50 (cumulative max $50,000) plus cash rebates up to $8,000” to eligible emerging-market clients. It has top-tier-regulated group entities, though bonuses run through an offshore arm. Because the bonus is tradable credit, judge it on the turnover requirement — not the headline percentage.
Regulation & entities
HFM has at least one top-tier-regulated entity — but bonuses run through an offshore arm, so check which entity your account sits under before funding.
- HF Markets (SV) Ltd — St. Vincent & the Grenadines FSA (international entity)
- HFM Investments Ltd — Kenya CMA (155)
- HF Markets SA (Pty) Ltd — FSCA (46632)
- HF Markets (Seychelles) Ltd — FSA
- HF Markets Middle East — Dubai DFSA
- HF Markets (UK) Ltd — FCA (801701)
- HF Markets (Europe) Ltd — CySEC
Platforms: MT4, MT5, HFM App, WebTrader
Vetting rank: #5 of 18 brokers we review (7.5/10, provisional)
Min deposit: $0 vs $10 median across our reviewed brokers
Bonuses & real terms
100% SuperCharged Bonus — credit on each deposit ≥$50 (cumulative max $50,000) plus cash rebates up to $8,000
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Min deposit
- $50
- Time limit
- No time limit; any withdrawal reduces the bonus 1:1 (MT4 Premium accounts)
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
20% Top-Up Bonus (up to $5,000)
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Time limit
- Applies to every transfer; bonus forfeited after 60 days of inactivity
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
How we verified this review
- credit bonus: cross-checked against HFM’s published terms · verified 2026-06-21
- deposit bonus: cross-checked against HFM’s published terms · verified 2026-06-21
- Fields cross-checked:
- bonus amount · minimum deposit · withdrawable status · time limit · turnover terms (where stated)
- Last full Matrix pass:
- 21 June 2026 — offers are re-verified on a rolling basis and each carries its own dated stamp.
- Live test:
- planned — until we’ve opened a real account and completed a withdrawal, this review is desk-verified from published terms and the rating stays provisional. What “tested” means: our review methodology.
Is the HFM bonus worth it?
The honest answer depends on the turnover, not the headline. Run HFM’s terms through our bonus value math before you deposit.
Trading regularly? HFM also supports cashback / IB rebates — recurring, withdrawable value that often beats a one-time bonus. Estimate yours →
Pros
- 2 verified bonus offers for eligible countries
- At least one top-tier-regulated group entity
- Cashback / IB rebates available
- Low minimum deposit ($0)
- MetaTrader 4 and 5 supported
Cons
- Bonuses run through the offshore arm, not the top-tier-regulated entity
- Headline bonus is tradable credit with a turnover requirement, not withdrawable cash
Compare HFM
Frequently asked questions
› Does HFM offer a deposit or welcome bonus?
Yes. As of 21 June 2026, HFM runs 2 verified bonus offers for eligible countries — see the exact terms on our HFM bonus page.
› Is the HFM bonus withdrawable?
HFM’s bonus is typically tradable credit: you trade with it and withdraw the profits after meeting the turnover requirement, but the bonus itself is not withdrawable.
› Is HFM regulated, and can I claim its bonus in my country?
HFM operates under: HF Markets (SV) Ltd — St. Vincent & the Grenadines FSA (international entity); HFM Investments Ltd — Kenya CMA (155); HF Markets SA (Pty) Ltd — FSCA (46632); HF Markets (Seychelles) Ltd — FSA; HF Markets Middle East — Dubai DFSA; HF Markets (UK) Ltd — FCA (801701); HF Markets (Europe) Ltd — CySEC. Bonuses are offered through its offshore/eligible entities; retail clients in the EU, UK, Australia and US cannot claim them.
› Which countries can claim the HFM bonus?
Per the recorded offer terms, HFM's bonuses are available to traders in: Argentina, Bangladesh, Brazil, Colombia, Egypt, Ghana, India, Indonesia, Kenya, Malaysia, Mexico, Nigeria, Pakistan, Peru, Philippines, South Africa, Tanzania, Thailand, Vietnam. Eligibility always excludes EU, UK, Australia and US retail clients, and can change — confirm your country in the broker's own terms before signing up.