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Broker profile

HFM

FSCA · Appears authorisedFSP 46632

HF MARKETS SA (PTY) LTD

At a glance

Licences6 regulators6 on a register · incl. top-tier
WarningsNone about it4 copycat names/sites
CostsFrom 0.0Min deposit R0
Trustpilot4.5 / 52,935 reviews

Licences and regulators

FSCA46632
HF MARKETS SA (PTY) LTD Checked on 16 Oct 2026
On the register
FCA801701
HF Markets (UK) Limited Checked on 17 Oct 2026
On the register
CySEC183/12
HF Markets (Europe) Ltd
On the register
DFSAF004885
HF Markets (DIFC) Limited Checked on 17 Oct 2026
On the register
FSA SeychellesSD015
HF Markets (Seychelles) Ltd Checked on 17 Oct 2026
On the register
CMA Kenya155
HFM Investments Limited (Trading as HF Markets)
On the register
FSCA (South Africa)FSP 46632Found on an FSCA source
Legal name
HF MARKETS SA (PTY) LTD
FSP status
Authorised
Categories
Not available. The FSCA's register search is offline, so we couldn't read the licence categories.
OTC derivative provider (ODP)
Application Withdrawn (HF MARKETS LTD)
  • FSCA register Authorised · HF MARKETS SA (PTY) LTD SourceChecked on 16 Oct 2026
  • FSCA list ODP Application Withdrawn · HF MARKETS LTD SourceChecked on 17 Oct 2026
  • Broker says HFM says: FSP 46632 SourceChecked on 16 Oct 2026

“On the register” means we found this number on the regulator's own list. The FSC Mauritius register shows no licence numbers, so there we match by name and label the number “broker says”. “Claimed by broker” means the broker's site states it and we couldn't check that register automatically. Info may be out of date or wrong. Always check with the regulator before you trade.

Company facts

Websitehfm.com/za/en
Head office (country)Cyprus
Founded–
Support email–
Legal entities namedHF MARKETS SA (PTY) LTD · HF Markets (UK) Limited · HF Markets (Europe) Ltd · HF Markets (Seychelles) Ltd · HFM Investments Limited (Trading as HF Markets) · HF Markets (DIFC) Limited

From the broker's own website. Scammers copy contact details, so use the website and email shown on the regulator's register.

Licence details by regulator

RegulatorEntity · numberStatusWhat it covers
FSCAHF MARKETS SA (PTY) LTD · 46632On the registerPermitted activities are listed on the FSCA register ↗.
FCAHF Markets (UK) Limited · 801701On the registerFCA Financial Services Register: status Authorised
CySECHF Markets (Europe) Ltd · 183/12On the registerPermitted activities are listed on the CySEC register ↗.
FSA SeychellesHF Markets (Seychelles) Ltd · SD015On the registerNamed in FSA Seychelles' list of licensed Securities Dealers (list shows names, not licence numbers)
CMA KenyaHFM Investments Limited (Trading as HF Markets) · 155On the registerLicence number and name match the CMA Kenya licensee list
DFSAHF Markets (DIFC) Limited · F004885On the registerDFSA public register: Authorised Firms

A licence only covers the entity and country named. Check which entity your account is with: it's in the client agreement.

Check other warning sources

  • IOSCO I-SCAN ↗Warnings from regulators worldwide. Search for “HFM” and “HF MARKETS SA (PTY) LTD”.
  • FCA Final Notices ↗UK fines and bans (Publications → Notices and decisions → Final notices). Search for “HFM” and “HF MARKETS SA (PTY) LTD”.
  • ASIC enforcement ↗Australian media releases on court action and bans. Search for “HFM” and “HF MARKETS SA (PTY) LTD”.
  • CySEC decisions ↗Cyprus board decisions and fines. Search for “HFM” and “HF MARKETS SA (PTY) LTD”.
  • CFTC RED list ↗Foreign firms acting as if US-registered. Search for “HFM” and “HF MARKETS SA (PTY) LTD”.
  • NFA BASIC ↗US futures and forex firm records and actions. Search for “HFM” and “HF MARKETS SA (PTY) LTD”.

Change log

No alerts or corrections for HFM yet. All fixes are in the corrections log.

Accounts and platforms

AccountEUR/USD spreadCommission
PremiumFrom 1.2 pipsNone
ZeroFrom 0 pipsFrom $3 / lot
Lowest spread0.0Advertised minimum on Zero (forex & gold); Premium from 1.2
Commissionfrom $3Zero account, per lot as stated by HFM (per-side or round-trip not specified). Premium: no commission
Min depositR0Premium account. Zero R450, Pro R900, Pro Plus R1,800
ZAR accountYesUSD or ZAR on InfinityX, Zero, Pro, Pro Plus, Premium

Copycats: names and sites that are not HFM

Regulators list these as look-alikes or impersonators. Always check the website address.

HFM: questions and answers

Which licences does HFM name?

We can't tell you whether to trust a broker. Here is what public sources show. HFM names licences from FSCA, FCA, CySEC, FSA Seychelles, CMA Kenya and DFSA. 6 of these were found on the regulator's own register. Always check the regulator's register yourself.

Is HFM regulated by the FSCA?

HFM or a source names FSP 46632. On the FSCA register our status is: Appears authorised. The register shows HF MARKETS SA (PTY) LTD.

Are there regulator warnings about HFM?

We found no warning about HFM itself on the lists we check (FSCA, FCA, CySEC, AMF, ASIC, CONSOB, CSA). We did find 4 look-alike names or websites that copy it. These are not HFM.

What is HFM's Trustpilot rating?

4.5 out of 5 from 2,935 reviews on Trustpilot. Trustpilot reviews aren't checked by us.

What is the minimum deposit at HFM?

R0 (Premium account. Zero R450, Pro R900, Pro Plus R1,800), as published by HFM.

Facts from public sources, not advice. We don't rate or recommend brokers.

Trader reviews of HFM

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Reviews are moderated. No links, phone numbers or "fund recovery" offers. Those are a common scam. Reviews are traders' own views, not ours, and not advice.