CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trade only with money you can afford to lose.
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Independent HFM guide

HFM Trading Platform Access for South Africa

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.

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Min deposit $0 (from about $5 to fund)  ·  Up to 1:2000  ·  Rating 4.3/5

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 has no local Bappebti licence and serves South African clients offshore.

$0 (from about $5 to fund)Min deposit
Up to 1:2000Max leverage
1,000+Instruments
2010Founded

What HFM's trading platform gives South African traders

HFM accounts at a glance

AccountPlatformSpread fromCommissionBest for
CentMT4 / MT51.2 pips$0Beginners trading in small (cent) lot sizes
ZeroMT4 / MT50.0 pipsFrom $3 per side per lotActive and cost-sensitive traders wanting raw spreads
PremiumMT4 / MT51.2 pips$0Everyday traders wanting a wide instrument range, no commission
ProMT4 / MT50.5 pips$0Experienced traders wanting tighter spreads without per-lot commission

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Explore HFM

More: spreads, leverage & margin, account types, demo account, gold trading.

HFM South Africa — quick verdict

HFM (formerly HotForex) has operated since 2010 and gives South African traders professional-grade market access through MetaTrader 4 and MetaTrader 5 — 1,000+ instruments, four account types and spreads that start at 0.0 pips on the Zero account. There is no local South African licence, so the account is opened with an offshore HFM entity, and CFD trading carries a high risk of loss regardless of platform quality. Weigh independent trader opinion, such as on Trustpilot, before funding an account.

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Frequently asked questions

Is HFM available in South Africa?
Yes, HFM accepts South African clients through an offshore entity. It does not hold a local Bappebti licence, so review the terms and risk disclosures before opening an account.
What is the minimum deposit at HFM?
Several HFM accounts (Cent, Zero, Premium) have a $0 minimum, though you typically fund from about $5 to start trading. The Pro account usually needs around $100.
Which platforms does HFM support?
HFM supports MetaTrader 4 and MetaTrader 5 on desktop, web and mobile, plus a proprietary HFM mobile app and browser-based WebTrader.