HF Markets Ltd is a multi-asset broker that trades in Forex and Commodities, Indices, Shares, and Cryptocurrencies. The company has been providing Forex and CFD trading services since its founding in 2009, making it one of the oldest brokers in the industry. It’s regulated by five different regulatory organizations worldwide, so you can be sure that your investments are safe with them.
You can read the HF Markets review to get all the information about this excellent broker.
Is HF Markets Legit?
Yes, HF markets Company represents legitimate business because it is an active business company, financially profitable, and highly regulated by five regulation authorities.
HF Markets legitimate regulation by financial regulation bodies:
- Financial Conduct Authority (FCA) under firm reference number 801701.
- Financial Sector Conduct Authority (FSCA) in South Africa, under license number 46632.
- Dubai Financial Services Authority (DFSA) under license number F004885.
- Financial Services Authority (FSA) under Securities Dealer Licence number SD015.
- Capital Markets Authority in the Republic of Kenya is a non-dealing online foreign exchange broker with license no. 155.
The company is licensed by the Financial Conduct Authority (FCA) under firm reference number 801701. It also has a license from the Financial Sector Conduct Authority (FSCA) in South Africa under license number 46632. HF Markets holds a permit from the Dubai Financial Services Authority (DFSA) under license number F004885 and one from the Financial Services Authority (FSA) under the Securities Dealer Licence number SD015. Finally, it is also licensed by the Capital Markets Authority in Kenya as a non-dealing online foreign exchange broker with license no. 155.
In addition to being well regulated, HF Markets offers some of the most competitive spreads for forex traders with an average spread of 0.2 pips on EUR/USD. They offer multiple account types which cater to traders of all experience levels and budget sizes, including an ECN Zero account where traders pay zero commissions but still get tight spreads on major currency pairs like EUR/USD, GBP/USD, and USD/JPY, among others. The company also provides access to over 600 trading instruments via their MetaTrader 5 platform, including Forex, Metals, Energies, and more. Crypto CFDs such as Bitcoin, Ethereum, and Litecoin via their proprietary platform, Webtrader 5™.
The company is focused on providing its clients with a secure trading environment while maintaining high customer service standards through its experienced customer support team. It is available 24/7 to assist traders with any queries or issues regarding their accounts or trades made through them. The company also provides educational materials such as tutorials, articles, and webinars which helps traders become better informed about financial markets and how to make successful trades.
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With its long track record of providing excellent services for nearly ten years and multiple regulatory licenses from reputable authorities, it’s clear that HF Markets is a legitimate broker that traders can trust when investing in financial markets either through Forex or CFDs trading options offered by them.