HF Markets full review - TopForex.Trade

HF Markets

Whether you are a newbie or a shark in the world of online trading, HF Markets is a solid broker to choose. More importantly, it’s a very safe one as it’s CySEC-regulated and insured to cover traders’ risks of up to 5,000,000 EUR. The best spread in the EU market on trading gold.

Numbers of instruments
1200+
Regulated by
CySEC
Overall
96
Comissions & fees
97
Licensing & safety
96
Platforms & tools
96

HF Markets

Reliability, Security, Gold

HF Markets is a primary-league online trading platform that has been providing services to traders all around the world for many years.

Due to the fact that HF Markets is licensed by CySEC, which is the corresponding financial authority in the EU, it enjoys the trust of millions of clients building their trading environment on transparency and reliability.

The latter is enhanced by the Civil Liability Insurance program taken by the broker. Its limit is as high as 5,000,000 EUR and covers an extremely broad range of cases from negligence to human errors on HF Markets’ side. Therefore, any trader should feel like trading under an umbrella thanks to this formidable initiative of the broker.

HF Markets offers the leverage of up to 1:30 as it is the maximum allowed leverage in compliance with the EU regulation CySEC. From the 1200+ instruments to choose from, the broker provides unbeatable conditions on precious metals.

As a cherry on top, HF Markets supports Paris Saint-Germain Football Club. That, in line with its other sports-related and social initiatives, wins it recognition in key regions such as the EU.

1200 trading instruments
Desktop, web, and mobile versions
Best conditions on trading Gold
Accepting traders from European Union
CySEC regulated
CopyTrading feature for passive income opportunities
Leverage 1:30 due to EU regulation CySEC

Safety net

HF Markets security of funds

Operating in the Eurozone puts a lot of limitations on brokers. As a result, many online trading brokers prefer to leave the EU aside and go to other regions of the globe with laxer regulations. HF Markets is not like that – it went the extra mile to ensure its users are duly protected from the risks as the EU regulation demands it.

That’s why HF Markets has a strategic advantage against its rivals. It’s present in the EU and it operates here in full compliance with the EU regulation CySEC.

For traders, it means extra security and extra reliability of the broker. At the end of the day, it all converts into a safer daily trade and a better good night sleep after an intense trading session for a trader.

The Civil Liability Insurance program is the core of this initiative. The insurance covers a vast number of risks up to 5,000,000 EUR. That means that if something happened during a trading session with HF Markets, and a trader suffered a severe financial loss, the trader may be reimbursed if the case is ruled in his favor.

The cases that fall under this coverage include technical glitches, customer support’s misleading advice, or any other kind of error on the broker’s side.

What’s important is that HF Markets doesn’t charge traders for having them indirectly enrolled in this program – that’s because it’s HF Markets’ interest to provide European traders with additional reassurance of their risk coverage.

Trading and platforms

HF Markets trading platforms

MT5 is generally richer and more functional than MT4. Nevertheless, many traders prefer MT4 for their daily trade because they know it well, it proved reliable, and it has been there for many years becoming an undisputed champion among trading platforms.

That’s why offering MT4 and MT5 is definitely a wise decision on behalf of HF Markets. Both platforms are available in desktop, web, and mobile versions for Windows, iOS, MacOS, and Android.

HF Markets offers several account types, including Zero Spread, with more than 500 orders possible to be opened simultaneously. The minimum deposit for a Zero Spread account is $200. However, on other accounts you can start trading with a minimum deposit of $100.

Generally, the broker offers more than 1200 trading instruments, from Forex, energies, and indices to commodities, ETFs, metals, stocks, and bonds.

Deposits and withdrawals include many payment methods such as bank and credit/debit card transfers, FasaPay, Neteller, PerfectMoney, Load, WebMoney, and Bitpay.

CopyTrading

HF Markets doesn’t fall behind on social trading initiatives, too. It offers an opportunity for any trader to become either a follower, copying successful strategies of their peers, or a strategy provider, letting others to benefit from one’s proven tactics and earning a fee for that.

To shed more light on that, if you choose to follow someone’s trades, that means you link your account to the account of the chosen strategy manager. As a result, his/her trades will be copied into your account and bring you the same profit.

Vice versa, if you’re confident enough in your trading skills, you may choose to become a strategy provider yourself. In this case, others will link their accounts to yours and will have your trades copied. In return, you will receive your reward for sharing positive performance.

Generally, CopyTrading is a right thing to do if you want to have passive income and/or diversify your investments and trading activities. That’s especially the case if you feel you’re still on a learning curve, and your experience level doesn’t allow you to rely fully on day-trading yet to make gains you’re looking for.

At the end of the day, maybe, you just don’t have too much time to trade. CopyTrading would be a solution then.

Trading gold with the lowest spread

Benefits of trading gold with HF Markets

Gold trading conditions are a signature feature of HF Markets. The broker offers trading the shining metal against the USD and the EUR, and very low spreads on top of that.

HF Markets offers straightaway the best spread in the EU market on trading gold. That is mostly due to the fact that HF Markets adds no hidden commissions – that’s why the spread on gold is so potentially beneficial and competitive. Given the love that so many traders have for trading the metal, it’s an offer that traders are unlikely going to pass.

In addition, it’s not only gold – silver is also there, with the same USD/EUR pairs and best spreads. Therefore, if you’re keen on trading precious metals and especially gold, HF Markets may be your choice.

Education and market research

HF Markets education materials for traders

HF Markets provides an all-round interactive trading library that will have exhaustive answers for whatever you’re looking for. Podcasts, video tutorials, trading tips, webinars, and tons of other helpful information are offered by the broker to equip traders with the required knowledge.

Summary

HF Markets may be an excellent choice for any EU trader who wants to have reliability and the maximum protection against most risks from the broker’s side. Exceptionally favorable conditions on trading gold make HF Markets one of the best brokers in the EU if you’re seeking diversity of investment strategies and high potentials for capital gains.

HF Markets overall scores

In this review, you can find all the information you need to decide whether HF Markets is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how HF Markets scored in each of our high-priority categories

Overall
96 points
Comissions & fees
97 points
Licensing & safety
96 points
Platforms & tools
96 points
Pros
Cons
Broad spectrum of trade instruments
Excellent conditions on trading gold
Advanced Insights tool
Financial safety and reliability through Civil Liability Insurance
No crypto trading