HF Markets
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Broker details
Overview
Year opened
2010
Domiciled
Cyprus-United Kingdom-United Arab Emirates (Dubai)
Head office
Cyprus
Accounts
Demo account
Yes
Demo account link
Copy trading
No
Account currency
Accepts Islamic
Yes
Accepts US
Yes
Money management
No
Cashback & Rebate
Rebate
Available
Trading conditions
Minimum deposit
Max leverage
1:2000
Execution type
Market Execution
Hedging
Yes
Min trade size
0.01
Platforms
Platforms
MT4, MT5, HFM App
Mobile app
Yes
Contact
Phone
Overview
It’s an old broker with relatively good features. They have a weekly analysis on their YouTube channel where a person gives the analysis, showing that they put in effort and time. Although predicting is easy, acting on those predictions in the market is tough, which is why many traders end up losing.
Overall, for amounts around $5,000 to $10,000, it’s a good broker, and they have solid support. If you have a question, it won’t go unanswered. Forex Peace Army also has a lot of advertising and a ranking close to 4, which suggests that it probably has few issues or at least isn’t very problematic.
They focus a lot on advertising, but this isn’t necessarily a bad thing. They also have a Trustpilot rating of 4.5, which is quite good. However, you know, we can’t be sure if it’s true or not, because unfortunately, in these times, many things can be bought! But one important point is that at least they pay attention to this aspect. Even buying a positive ranking is itself an advertisement, although it may not be honest!