HF Markets is, in fact, one of the most reputable and respected CFD brokers in the world. The company’s reputation has been built over many years, making it one of the top choices for traders and investors wishing to embark on trading activities related to currency and commodities.
You can read the HF Markets review to get all the information about this excellent broker.
Is HF Markets a Scam Broker?
No, HF Markets is not a scam broker because there is no valid proof or public claims against this brokerage company in any regulatory body. HF Markets is a regulated, safe broker and one of the leading CFD brokers in the world based on reputation, number of clients, and organization.
HF Markets is regulated by:
- 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.
Regulation is essential for any broker, and HF Markets does not disappoint. It is regulated by multiple financial watchdogs such as CySEC (Cyprus Securities & Exchange Commission), IFSC (International Financial Services Commission), and FCA (Financial Conduct Authority). These governing bodies’ strict laws and guidelines offer all of their services. Additionally, it provides segregated accounts, which separate clients’ funds from those of other clients or the broker itself to give an extra layer of security for traders’ assets.
HF Markets provides a robust trading platform with various features designed to help traders monitor their investments quickly and easily. The platform also allows for advanced charting capabilities with real-time quotes so users can make informed decisions based on data trends. An array of technical analysis tools, such as indicators, oscillators, trendlines, etc., can be combined with these charts to enhance analysis performance further.
Regarding support services, HF Markets offers 24/7 customer service via chat, email, or phone call. This ensures that all queries are addressed promptly and efficiently, regardless of when they occur. Furthermore, they offer tutorials and videos on how to use their software correctly and webinars that allow traders to stay up-to-date with market developments and hone their skills more effectively.
HF Markets is an established name for CFD brokers due to its solid reputation, number of clients worldwide, and wide range of services offered compliantly under several regulatory bodies. Thus it can be said without reservation that HF Markets is not a scam broker but rather a safe broker option for those looking for reliable brokerage services focused on currency and commodities trading activities.