Northmark

HF Markets Review 2026

Founded in 2010. HF Markets is one of the most established forex brokers in the world. Read our full independent review.

4.4/5
CySEC, FCA, DFSA, FSCA

About the accuracy of information: The figures and regulatory information on this page were verified by the editorial team against each company's official website and the regulator's registry as of September 2026 update. Since bonus amounts, spreads, and regulatory status may change, our editorial team rechecks primary sources with each update. Read detailed disclaimer

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Overview

HF Markets (formerly HotForex) is a forex broker established in 2010, regulated by CySEC, FCA, DFSA and FSCA. It offers diverse account types including a Cent account and competitive welcome bonuses.

Regulation & Safety

HFM operates under CySEC, FCA, DFSA and FSCA, with client funds held in segregated accounts.

  • CySEC
  • FCA
  • DFSA
  • FSCA

Trading Platforms

HFM supports MetaTrader 4 and MetaTrader 5 across all devices.

  • MT4
  • MT5

Account Types

Six account types: KATANA, Cent, Zero, Pro, Premium and Top-Up Bonus. Zero starts from 0 pips on FX pairs (commission applies), Cent uses 1 lot = 1,000 units for small-size testing, and KATANA starts from 0.3 pips with a JPY 80,000 minimum.

  • KATANA
  • Cent
  • Zero
  • Pro
  • Premium
  • Top-Up Bonus

Bonuses & Promotions

HFM offers BONUS HUNTER: a JPY 45,000 trading-funds account with no deposit. Reach JPY 15,000 in profit and transfer it to convert into a 100% deposit bonus of up to JPY 150,000 (verified 2026-08-27).

Pros

  • BONUS HUNTER: JPY 45,000, no deposit
  • Just 5 USD-equivalent minimum deposit
  • Up to 1:2000 leverage

Cons

  • Wider spreads on Premium accounts
  • Only MT4 and MT5 (no cTrader)
  • HFM states on its own site that it is "not intended for residents of Japan" (checked 2026-08-27)

Our Verdict

HFM is a solid choice for traders looking for a regulated broker with bonus offers and account variety. Spreads can be wider than competitors on the Premium account.