HFM Malaysia (HFMarkets) - HFM Broker Review

HFM Malaysia (HFMarkets) founded in 2010, is the brand name of ‘HF Markets Group’ which encompasses global and regulated entities that are operating as multi-asset brokers offering online trading services to clients from around the world. The company is licensed by CySEC (Cyprus), FCA (UK), FSCA (South Africa), DFSA (Dubai) and FSA (Seychelles).

HFM Malaysia offers competitive conditions for trading in a wide range of instruments including Forex, Metals, Energies, Commodities, Indices, popular Shares (Google, Apple, and Facebook), and Cryptocurrency. HFM clients have access to a variety of account types – Micro, Cent, Premium, Zero Spread with flexible leverage up to 1:3000. HFM also offers HFcopy for social traders.

Trading at HFM is accessible via popular trading platforms such as MetaTrader 4/5, WebTrader, and Mobile. HFM Malaysia provides dedicated around the clock Malaysian support as well as the possibility of depositing and withdrawing via local Malaysia Banks along with many other methods such as Credit Cards, Cryptos (Bitcoin, Tether etc), Skrill, Neteller & more.

HFM is a multi-regulated broker, with over 500,000 live accounts opened, more than 20 international awards, client support in 25 languages, over 150 employees, and wide global presence. HFM has been listed among the World Finance Top 100 companies alongside Apple, Samsung, Coca Cola & many more companies known for excellence in their respective fields.

Website: www.HFM.com

Regulations: CySEC, FCA, FSC, DFSA

Country: Cyprus

Year founded: 2010

Malaysian Client Support: Yes

Local bank deposit in Malasyia: Yes

HFM 35$ No Deposit Bonus

Rating: 4.5 / 5

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www.HFM.com

HFM Malaysia Account Types

Being a world-class brokerage company with its commitment to complete flexibility of trading at any level, HFM (HFM) offers 5 types of accounts offered in fractional pip pricing available for traders with different trading strategies, levels of funding or appetites for risk, from micro to unlimited trade sizes.

The first one is the Micro Account for traders who want to trade using micro-lots accessible from MetaTrader 4, MetaTrader 5, Web, and Mobile Trader, available in USD, EUR and JPY. The spreads are tight and floating as low as 1 pip with a maximum leverage of 1:3000 and no commission required. By having a minimum deposit of 5 USD, traders may open up to 150 trading positions at the same time with 0.01 lot minimum and a maximum of 7 standard lot trade sizes.

Second is the Premium Account for experienced retail traders with the same features as the Micro Account. The difference lies in the fact that traders can have maximum open orders of 300 positions, maximum trade size of 60 standard lots, and leverage up to 1:500.

Third is the Cent account, offered mainly for beginners who wish to deposit small amounts and trade with least risk involved. With minimum deposit of 5 USD (500 cent), 0.01 lot minimum and a maximum of 200 Cent lots, you can trade Forex and Gold with leverage up to 1:3000.

Next is the Zero Spread Account, particularly useful for scalpers due to its low-cost features. This account offers raw spreads with zero markup and low commissions starting from 0.03 USD for every 1,000 lots, in addition to a Personal Account Manager Service. The minimum deposit required is 200 USD with leverage up to 1:500, accessible only from MetaTrader 4, Web, and Mobile Trading terminals. The maximum open orders are 500 positions with maximum trade size of 60 standard lots each for this account.

Micro

Minimum Deposit: $5
Leverage: 1:3000
Minimum trade size: 0.01
Spread Type: Floating from 1 pip
Commission: No
Account Currency: USD, EUR, JPY

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Premium

Minimum Deposit: $5
Leverage: 1:500
Minimum trade size: 0.01
Spread Type: Floating from 1 pip
Commission: No
Account Currency: USD, EUR, JPY

Open Premium Account

Cent

Minimum Deposit: $5 (500 Cent)
Leverage: 1:3000
Minimum trade size: 0.1
Spread Type: Floating
Commission: No
Account Currency: USD, JPY

Open Cent Account

Zero Spread

Minimum Deposit: $200
Leverage: 1:500
Minimum trade size: 0.01
Spread Type: Floating from 0 pip
Commission: $4\lot
Account Currency: USD, EUR, JPY

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Along with the above classic trading accounts, HFM also presents copy trading account available for both the Strategy Providers (professional traders) and Followers (investors), known as HFCopy. By using HFCopy, professional traders build their community of followers and trade in exchange of a Performance Fee as high as 50%, and the Followers get to open an HFCopy account to invest in their selected traders and start copying their trades.

HFCopy Account is available in USD with tight floating spreads as low as 1 pip and maximum leverage of 1:400 with no additional commissions. The trading instruments offered are Forex and Bitcoin, while the trade sizes are 0.01 lot minimum and 300 maximum open orders with a maximum of 60 standard lots each. SPs are to make a 500 USD initial deposit to be able to open an account and gain a maximum of 30 Followers, whereas the initial deposit required for Followers is 100 USD. HFCopy Account is accessible from MetaTrader 4, Web, and Mobile Trading platform.

Muslim clients are welcome to request a swap-free Islamic account available for Micro, Premium, Zero, and Auto Accounts. Islamic account service is available only in USD and EUR with the same features as the classic accounts.

HFM Malaysia Deposit & Withdrawal

At HFM Malaysia (HFM), you can instantly make a deposit into your account with Credit cards (Visa, MasterCard, and Maestro), Bank wire, UnionPay, online payment systems (Skrill, Neteller, FasaPay, Bitcoin, Tether & more), and local Malaysian banks (MayBank and CIMB).

At HFM Malaysia, you can withdraw your funds via local Malaysian banks (MayBank and CIMB), Skrill, Neteller, FasaPay, and Cryptos. HFM Malaysia processes withdrawal requests within 24 hours (Usually in a few hours). Withdrawals submitted before 10 am will be processed on the same business day between 7 am and 5 pm.

HFM Malaysia Spreads

Primarily, HFM Malaysia offers low variable spreads, but they also offer a specialized fixed spread account (with no commission) to scalpers and automated traders which equates to Interbank spread prices. HFM also offers ZERO accounts with spreads starting from 0 pip ($4 commission per lot applies).

HFM Malaysia Security & Safety of Funds

As a member of HF Markets Group, HFM has become a global leader in online trading with global recognition and solid reputation. HFM also possesses the ability to provide liquidity through major global banks only and cover their capital requirement and financial needs at any time.

All HFM financial transactions are continuously monitored, as well as audited by Deloitte, one of the best and largest accounting organizations and auditors.

Clients at HFM (HFM) are given full transparency and protected against negative balance protection, in addition to a Civil Liability insurance program for a limit of 5,000,000 EUR which includes market-leading coverage against errors, omissions, negligence, fraud and various other risks that may lead to financial losses.

The bottom line is that HFM takes all security measures to ensure the safety and security of all its clients’ funds. Furthermore, the company is regulated by 6 different major regulatory bodies: FCA of the UK, CySEC of Cyprus, IBC of St. Vincent & the Grenadine, DFSA of Dubai, FSA of Seychelles, and FSCA of South Africa. Thus, HFM is obliged to keep clients’ funds in segregated bank accounts separate from those used by the company, off-balance and unusable in the case of bankruptcy.

Trading Platforms at HFM Malaysia

HFM Malaysia always strives to pave the way for its traders in terms of their preferred styles, locations, and services. That is why this broker offers 12 powerful trading platforms on both desktop and mobile to support all trading styles and needs.

Traders can conduct their transactions on the MT4 platform for Desktop (Mac, Windows, Linux), WebTerminal, Android, iPhone Trader, iPad Trader, and Multi Terminal. Meanwhile, the MT5 platform can be accessed via Desktop (Mac, Windows, Linux), WebTerminal, Android, iPhone Trader, and iPad Trader. Those who prefer the comfort of their handheld device can also download the HF mobile app.

HFM MT4 platform offers 9 timeframes, 30 technical indicators, 31 analytical objects, 4 pending order types, and strategy tester single-thread, and supports hedging. The advanced MT5 platform offers more diverse features, such as 21 timeframes, 38 technical indicators, 44 analytical objects, a built-in economic calendar, 6 pending order types, strategy tester multi-thread, and EAs creation. Transactions on both platforms are market executed.

Types of Financial Markets at HFM Malaysia

As an international Forex broker, HFM provides various choices in terms of trading instruments on different platforms and accounts. These instruments come with different top leverage volumes:

Forex: leverage 1:3000, spreads starting from 0 pips, 50+ majors, minors, and exotics
Metals: leverage 1:200
Energies: leverage 1:66
Indices: leverage 1:200
Shares: leverage 1:14
Commodities: leverage 1:66
Bonds: leverage 1:50
Stocks DMA: leverage 1:5
ETFs: leverage 1:5
Physical stocks: leverage 1:1, fractional shares starting from $5, zero commission
Cryptocurrencies: leverage 1:50 for popular cryptocurrencies