Here’s an overview of HFM’s reputation and safety. HFM (formerly HotForex) is an FX/CFD broker that has been in operation since 2010. The group holds multiple financial licenses, including from the FCA (UK), CySEC (Cyprus), and the DFSA (Dubai), and offers leverage of up to 1:2000, zero-cut (negative balance protection), and copy trading (HFcopy). REBATE ONE is an authorized official partner of HFM and is a popular broker offering the highest cashback rebates.
Key Points of This Article
- The group holds multiple licenses, including those from the FCA, CySEC, DFSA, and FSCA
- Leverage is up to 1:2000. The new “KATANA” account also offers unlimited leverage.
- All accounts include negative balance protection (zero-cut)
- If you open an account through REBATE ONE, you'll receive cashback on every trade (no markup)
Basic Information About HFM
| Item | Contents |
|---|---|
| Launch | 2010 (formerly HotForex) |
| Major Licenses | FCA (801701), CySEC (183/12), DFSA (F004885), Seychelles FSA (SD015), FSCA (FSP 46632), CMA, and others |
| Maximum Leverage | 1:2000 (Unlimited for KATANA accounts) |
| Stop-loss Level | Depends on the account type (0% for KATANA accounts) |
| Platform | MT4 / MT5 / HFM App / WebTrader |
| Other | Negative Balance Protection and Copy Trading (HFcopy) |
*The entity through which you open an account (and the applicable licenses and trading terms) varies depending on your country of residence.
Ratings on Third-Party Review Sites
4.8 / 5 (Trustpilot · Thousands of reviews · Verified August 30, 2026)
You can find the latest ratings and user reviews on the Trustpilot review page and on FOREX PEACE ARMY. Scores are subject to change.
Benefits of Choosing HFM
1. Reliability Based on Multiple Major Licenses
The group holds top-tier licenses from the FCA and CySEC and has a track record of over 15 years in operation. All accounts are protected against negative balances, so you will never incur losses that exceed your account balance.
2. High Leverage and Flexible Account Structures
We offer leverage of up to 1:2000 as standard. You can choose from a variety of accounts—ranging from cent accounts that let you start with small amounts to zero-spread accounts designed for scalping and EAs—depending on your experience and trading style.
3. New Account "KATANA"
This is a new account type featuring unlimited leverage and ultra-tight spreads. For details on the terms and availability, please visit the KATANA account information page.
4. Copy Trading (HFcopy)
You can copy trades from strategy providers whose performance records have been made public at no additional cost.
Points to Note and Disadvantages
- Conditions vary significantly depending on the account type: Since spreads, fees, and minimum deposit amounts differ by account, you need to choose the one that best suits your trading style.
- Differences in Terms by Legal Entity: The type of legal entity established varies depending on the country of residence, and leverage limits and product offerings may differ accordingly.
Main Account Types
| Account Type | Features | Who This Is For |
|---|---|---|
| Cent | Minimum deposit of $0—trade in very small increments | Beginners and those who want to try it out with a small amount |
| Pro | Low spreads, no commissions | Intermediate to advanced players who prioritize balance |
| Zero Spread | 0.0 pips to + one-way commission (approx. 3 USD per lot) | Scalping and EA Trading |
| Premium | Standard Account with Standard Terms and Conditions | People who don't care about trading style |
| KATANA | New Account with Unlimited Leverage and Ultra-Tight Spreads | Traders who prefer high leverage |
*Account type names and conditions are subject to change. Please check the HFM official website for the latest list.
The Best Way to Open an Account
If you open an HFM account through REBATE ONE, an affiliate service, you’ll receive cashback on every trade. REBATE ONE is an authorized official partner of HFM and does not add any markups to spreads. You’ll trade under the same conditions as usual, with the added benefit of cashback.
Click here for instructions on how to open an HFM Cashback account. If you already have an account, you can still qualify for cashback by updating your account link.
FAQ
Is HFM a safe broker?
The group holds multiple licenses, including those from the FCA, CySEC, and DFSA, and has been in operation since 2010. All accounts are protected against negative balances.
What is the maximum leverage at HFM?
The maximum leverage for standard account types is 1:2000. KATANA accounts offer unlimited leverage (please check the official website for terms and conditions).
Will receiving a cashback offer make the trading terms less favorable?
No. Since REBATE ONE does not apply any markup, you can receive cashback under the same terms and conditions as a standard account.
Summary
HFM is a broker that combines the reliability of major licenses with high leverage and a variety of account types. By opening and linking your account through REBATE ONE, you’ll receive cashback on every trade while maintaining the same trading conditions. Click here to register for free.
