About HFM in South Africa
An independent look at HFM (formerly HotForex) — who they are, how they are regulated, and how South African traders access them.
Open HFM Account →HFM (HF Markets), formerly HotForex, is an online forex and CFD broker founded in 2010 and rebranded to HFM in 2022. The group is multi-regulated (CySEC, FSCA, DFSA, FCA and others), offers 1,000+ instruments on MT4 and MT5 with leverage up to 1:2000, and operates a locally licensed South African entity, HF Markets SA (Pty) Ltd (FSCA FSP 46632).
Who HFM is and how they operate
- HFM (HF Markets), formerly HotForex, is an online forex and CFD broker founded in 2010 and rebranded to HFM in 2022.
- The group is regulated across several jurisdictions, including CySEC (Cyprus), the FSCA (South Africa), the DFSA (Dubai) and the FCA (UK).
- HFM offers 1,000+ instruments on MetaTrader 4 and MetaTrader 5, with leverage up to 1:2000 and account types from a $0 minimum.
- In South Africa, HFM operates through HF Markets SA (Pty) Ltd, licensed by the FSCA (FSP 46632).
Frequently asked questions
When was HFM founded?
HFM (HF Markets), formerly HotForex, was founded in 2010 and rebranded to HFM in 2022.
Is HFM regulated?
Yes, the HFM group is regulated across several jurisdictions, including CySEC (Cyprus), the FSCA (South Africa), the DFSA (Dubai) and the FCA (UK).
Is HFM licensed in South Africa?
Yes. HFM's South African entity, HF Markets SA (Pty) Ltd, is authorised by the FSCA under FSP 46632; review the current terms and risk disclosures before you trade.