HFMarkets Dubai - HFM Forex Broker Review in Dubai, UAE

HFMarkets (HFM), established in 2010 by the HF Markets Group, is a world-renowned forex brokerage company with years of experience in the financial industry. As a 60+ industry award winner and a well-established financial provider, HFMarkets has managed to provide more than 2.5 million trading accounts and acquire 41000 partners during its 13 years and counting presence in the Forex field.

HFM provides its many clients from all over the world with multiple trading accounts, namely Premium, HFcopy, Zero, Cent, and Pro. All of these trading accounts come with topnotch trading conditions (tight spreads from 0 pips, flexible leverage up to 1:2000, negative balance protection, myHF portal, etc.), smart trading features (CFDs on Forex, promotions, loyalty program, etc.), phenomenal trading tools (one-click trading, market news & analysis, free VPS, HFM app, and so on), as well as easy to navigate trading platforms (MT4 & MT5 on Android, iOS, iPad, RapidTrader API, and HFM Platform).

Furthermore, under the supervision of 7 regulatory authorities, namely the DFSA of Dubai, FCA of the UK, CySEC of Cyprus, FSC of Mauritius, FSCA of South Africa, IBC of Saint Vincent and the Grenadines, and FSA of Seychelles, HFM broker guarantees a safe and secure trading experience for all of its devoted clients. As a long-standing member of HF Markets Group, HFM is regularly audited by Deloitte to ensure full transparency.

HFMarkets offers dedicated 24/5 customer service which is available in 27 languages including Arabic. HFMarkets also provides deposit and withdrawal methods, such as credit cards (Visa, MasterCard, Maestro, & China Union Pay), e-wallets (Skrill, Neteller, PerfectMoney, Bitcoin, etc.), as well as wire transfers through local and international banks, all free of charge. HFMarkets takes its services to a whole new level by providing its clients with an excellent trading experience as well as all the required educational and analytical tools.

HFMarkets Dubai Trading Accounts

HFMarkets offers 5 different trading accounts with various trading conditions based on the trading needs and experience levels of its registered clients. All of these accounts also come with market execution and swap-free features.

Cent

Minimum Deposit: 1 USD
Leverage: 1:2000
Minimum trade size: 0.01
Spread Type: Floating from 1.2 pips
Commission: No
Account Currency: USC (Cent)
Platforms: MT4, MT5

👉 Open Cent Account

Premium

Minimum Deposit: 1 USD
Leverage: 1:2000
Minimum trade size: 0.01
Spread Type: Floating from 1.2 pips
Commission: No
Account Currency: USD, EUR, JPY
Platforms: MT4, MT5

👉 Open Premium Account

Pro

Minimum Deposit: 100 USD
Leverage: 1:2000
Minimum trade size: 0.01
Spread Type: Floating from 0.5 pips
Commission: No
Account Currency: USD, EUR, JPY
Platforms: MT4, MT5

👉 Open Pro Account

Zero

Minimum Deposit: 200 USD
Leverage: 1:2000
Minimum trade size: 0.01
Spread Type: Floating from 0 pip
Commission: Yes, From 0.03 USD per 1000 lots
Account Currency: USD, EUR, JPY
Platforms: MT4, MT5

👉 Open Zero Account

👉 1. Cent Account

The Cent account is suitable for new traders with little to no trading experience. Traders can access this account with no minimum deposit, leverage as high as 1:2000, spreads starting from 1.2 pips, a minimum trade size of 0.01 lots, and no commission. In this way, they get to test their trading skills and learn more about the real market with very minimal risk. Bear in mind that this account can only be used for trading Forex and Gold on the MetaTrader 4, MetaTrader 5, WebTrader, and Mobile Trading platforms.

👉 2. Premium Account

An excellent choice for retail traders, the Premium Account comes with beneficial trading conditions, such as no minimum deposit, maximum leverage of 1:2000, spreads as low as 1.2 pips, and a minimum trade size of 0.01 lots. Premium account holders can trade in USD, EUR, NGN, and JPY with no commission on the MetaTrader 4, MetaTrader 5, WebTrader, Mobile Trading, and HFM platforms.

👉 3. Pro Account

As the name suggests, Pro Account is a favorable choice for professional traders due to its attractive features, such as ultra-low spreads (as low as 0.5 pips). To access this account, traders ought to deposit at least 100 USD/50,000 NGN/100 EUR/13,000 JPY to enjoy leverage up to 1:2000 and a minimum trade size of 0.01 lots with no commission for all trading instruments. They can also conduct their transactions on the MetaTrader 4, MetaTrader 5, WebTrader, and Mobile Trading platforms.

👉 4. Zero Account

Traders who want to get their hands on raw and super-tight spreads from leading liquidity providers would normally go with the Zero Account. This account is offered in 4 currencies, namely USD, EUR, NGN, and JPY with no minimum deposit. Zero account users can access leverage up to 1:2000 for all trading instruments on the MetaTrader 4, MetaTrader 5, WebTrader, and Mobile Trading platforms. Please note that the broker demands a low commission for this account starting from 0.03 USD per 1,000 lots, and the minimum trade size is 0.01 lots.

👉 5. HFCopy Account

HFCopy is a USD copy-trading account offered to both Strategy Providers and Followers. This account is available in 3 types, namely Cent, Premium, and Pro, with different trading conditions. Traders can use this account on the MetaTrader 4, WebTrader, and Mobile Trading platforms with a maximum leverage of 1:500. HFCopy Account holders are not required to pay any commissions. Moreover, the spreads for Cent and Premium Accounts start from 1 pip, while the spread for Pro Account starts from 0.5 pips.

☪️ Last but not least, Muslim traders who wish to conduct their trading business in a Swap Free Islamic Account, can do so by requesting such a feature for their preferred trading account. After meeting the required conditions set forth by the HFM company, Muslim traders will be able to enjoy swap-free trading in USD and EUR in addition to all the other features and trading conditions of the chosen trading account. For your convenience, HFM also provided a Swap Calculator to help you figure out the exact interest amount you have to pay for your positions held overnight.

HFMarkets Dubai Deposit & Withdrawal Methods

HFMarkets’ deposits and withdrawals are offered via credit cards, international bank wire transfers, local bank transfers, e-wallets (Skrill, Neteller, PerfectMoney), and Cryptos (Bitcoin, Tether, etc)

Deposits via e-wallets (Skrill, Neteller, PerfectMoney) are made instantly with a $5 minimum deposit, while in wire transfers the minimum deposit is $100 and it takes 2-7 business days for funds to enter the balance.

HFMarkets processes deposits via e-wallets (Skrill, Neteller, PerfectMoney) within 1 business day, wire transfers in 2-10 business days, and Bitcoin (BTC BitPay) in 1-3 business days.

Withdrawals via credit cards can only be made in the same amount as the deposited funds. If the amount of withdrawn funds exceeds the initial deposit amount or all deposited amounts via credit card, traders have to use other payment methods. Withdrawals via credit cards take approximately 2-5 business days.

There are no fees for adding any deposit/withdrawal methods. If the traders are required to pay additional fees to the bank, HFMarkets will cover the fees as long as the conditions apply.

HFMarkets Broker Safety of Funds

As a member of the HF Markets Group, HFMarkets has made a solid reputation for itself in the world of forex trading. HFMarkets also provides liquidity through most international banks.

All HFMarkets financial transactions are constantly monitored and audited by Deloitte – one of the best and largest accounting and auditing organizations.

HFMarkets clients are given full transparency and negative balance protection, as well as a civil liability insurance program with a limit of €5,000,000 which includes the best protection on the market against errors, omissions, negligence, fraud, and various other risks leading to financial losses.

In short, HFMarkets takes all security precautions to ensure the safety and security of all clients' funds. In addition, the company is licensed by seven different supervisory entities, namely the FCA of the UK, CySEC of Cyprus, DFSA of Dubai, FSC of Cyprus, FSCA of South Africa, IBC of Saint Vincent and the Grenadines, and FSA of Seychelles. Therefore, HFMarkets is obligated to keep clients' funds in segregated bank accounts and separate from its own.

HFMarkets Broker Spreads

HFMarkets offers various low spreads at fractional pip pricing to get the most accurate rates.

HFMarkets spreads start at as low as 0 pips for the Zero account with a low commission. To know the exact spread amount offered for each available account, please take a look at the table of accounts.

HFMarkets Broker Trading Platforms

HFMarkets knows exactly what its clients need to have a fruitful trading experience with no hiccups. To that end, the company provides a smooth trading experience on variable trading platforms, namely MT4 & MT5 Terminal for Desktop, MT4 & MT5 Web Terminal, MT4 Multiterminal, iPhone Trader for MT4 & MT5, iPad Trader for MT4 & MT5, Android Trader for MT4 & MT5, RapidTrader API, and HFM Platform for Android & iOS.

The MT4 platform comes with features, such as 9 timeframes, 30 technical indicators, 31 analytical objects, 4 pending order types, market execution, expert advisors on desktop, hedging, and strategy testers. The more modern MT5 platform also comes with 21 times, 38 technical indicators, 44 analytical objects, a built-in economic calendar, 6 pending order types, market execution, personal technical indicators and EAs, hedging, as well as strategy testers.

Financial Markets at HFMarkets Dubai

HFMarkets offers 9 tradable markets to all of its clients, namely CFDs on Forex, Metals, Stocks, Bonds, Indices, Energies, Commodities, ETFs, and Cryptos.

🔶 Forex trading at HFM will allow you to take full advantage of 50+ currency pairs (majors, minors & exotics) on 13 trading platforms, tight spreads from 0 pips, leverage of 1:2000, 18 trading tools, and a 24/5 dedicated Customer Support.

🔶 Metal trading (Gold, Silver, Platinum, and Palladium) enables you to expand your trading portfolio without going through the hassle of buying and storing physical assets.

🔶 Energy trading (Spot/Future Contracts on Crude Oil) could be considered very exciting if your level of trading experience matches your expectations, meaning HFM provides you with the best trading conditions available across the entire market and the rest is up to you to speculate on the rising and falling crude oil markets.

🔶 Indices trading is another way to make it big in the financial world. Assets such as the S&P 500 and the Dow Jones Industrial Average get you access to the market based on the overall trends.

🔶 Stock trading is a very well-known and sure way to make money alongside big names such as Apple, Amazon, and Meta.

🔶 Commodities trading is without a doubt a good way for traders to diversify their trading portfolio by trading via assets, such as cocoa, coffee, and copper. In this way, you can make sure to benefit from both rising and falling prices of the said assets.

🔶 Bond trading provides stability and can help to protect you against market downturns.

🔶 EFT trading (Exchange-Traded Funds) enables you to trade economically while enjoying the spoils of multiple assets. This type of trading gives you access to a wide variety of ETF CFDs across markets, sectors, and so on.

🔶 Crypto trading in recent years has found its rightful place amongst many traders regardless of their level of experience. Cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin are the most widely used digital currencies which could also give you the edge you need to succeed.