✔️ Information reviewed and updated in February 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in HF Markets. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about HF Markets and we will tell you why we reached such a conclusion:
|hfm.com (Latin America) – hfeu.com (Europe) – hfmarkets.co.uk (United Kingdom)
|HF Markets (SV) Ltd (Latin America) – HF Markets Fintech Services Ltd (Europe) – HF Markets (UK) Ltd
|CySEC (for Europe clients) – FCA (For UK clients)
|Suite 305, Griffith Corporate Center, PO Box 1510, Beachmont Kingstown, Saint Vincent and the Grenadines
Spyrou Kyprianou 50, Irida 3 Tower 7th Floor, Larnaca 6057, Cyprus
Bloomsbury Building 10 Bloomsbury Way, Holborn, London, United Kingdom
⚠️ Depending on the location of the client, the company that provides the service will be different, in the cases of Latin America and Cyprus, these are dangerous places for their clients due to their lack of regulation and lack of seriousness. It is also necessary to clarify that HF Markets is the new name of the broker Hotforex, which is no longer active, but at the time it had a lot of scam complaints, which is why we do not recommend this broker at all. ⚠️
Now we will analyze the types of accounts offered by HF Markets, in this case, we observe that it offers 3 different types of accounts:
|Minimum initial deposit
Information on the web
HF Markets provides a basic explanation of the financial products it offers, market news and analysis, economic calendar, really not much more than this.
List of phone numbers
🚫 Final valuation of HF Markets 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH HF Markets.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
News about HF Markets:
|Update – news
|We receive a large number of messages from HF Markets clients who claim that they cannot withdraw their capital.
|Complaint against HF Markets of FCA
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with HF Markets.
At the end of the review you will find customer comments.
How to Claim Money scammed by HF Markets
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report HF Markets
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
How can I report HF Markets?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is HF Markets a scam – is it a scam?
Yes. We believe that HF Markets is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is HF Markets trustworthy?
No. HF Markets is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from HF Markets?
If you want to know how to recover your capital, you can see it is located here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to HF Markets?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.