HFM South Africa: Accounts, Costs & How to Get Started
MetaTrader 4 and MetaTrader 5, 1,000+ instruments, spreads from 0.0 pips, leverage up to 1:2000 and a $0 minimum deposit on several accounts.
Open HFM Account →HFM (formerly HotForex) is a multi-regulated forex and CFD broker founded in 2010, offering MetaTrader 4 and MetaTrader 5, 1,000+ instruments, leverage up to 1:2000 and account types (Cent, Zero, Premium, Pro) with a $0 minimum deposit on several. This is an independent information page for traders in South Africa; HFM's South African entity, HF Markets SA (Pty) Ltd, is licensed by the FSCA (FSP 46632).
What South African traders get with HFM
- Four account tiers (Cent, Zero, Premium, Pro), with a $0 minimum on several of them
- MetaTrader 4 and MetaTrader 5, plus a proprietary HFM mobile app and WebTrader
- 1,000+ tradable instruments spanning forex, indices, metals, energies, bonds, ETFs and crypto CFDs
- Client funds held in segregated accounts across a multi-regulated group (CySEC, FSCA, DFSA, FCA and others)
- Swap-free (Islamic) accounts and a free demo account for practising first
HFM accounts at a glance
| Account | Platform | Spread from | Commission | Best for |
|---|---|---|---|---|
| Cent | MT4 / MT5 | 1.2 pips | $0 | Beginners trading in small (cent) lot sizes |
| Zero | MT4 / MT5 | 0.0 pips | From $3 per side per lot | Active and cost-sensitive traders wanting raw spreads |
| Premium | MT4 / MT5 | 1.2 pips | $0 | Everyday traders wanting a wide instrument range, no commission |
| Pro | MT4 / MT5 | 0.5 pips | $0 | Experienced traders wanting tighter spreads without per-lot commission |
HFM pages for South Africa
About HFM
Who HFM is, when it was founded and how the group is regulated.
Account Types
Cent, Zero, Premium and Pro accounts compared for South African traders.
Minimum Deposit
How much you need to fund an HFM account in South Africa.
Contact & Support
How to reach HFM support by live chat, email and phone, and what it helps with.
Login & Client Area
How to log in to the HFM client area and connect MT4/MT5, plus password and 2FA tips.
More: spreads, leverage & margin, account types, demo account, gold trading.
HFM South Africa — quick verdict
Founded in 2010, HFM runs on MetaTrader 4 and MetaTrader 5 with four account tiers — Cent, Zero, Premium and Pro — starting from a $0 minimum and spreads from 0.0 pips on the Zero account. For South African traders the practical questions are usually cost (spread vs commission by account type) and access (the group holds an FSCA licence, FSP 46632, through HF Markets SA (Pty) Ltd). Leverage up to 1:2000 cuts both ways, so size positions carefully and read independent trader feedback, such as on Trustpilot, before funding an account.
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