Broker review

HF Markets Broker Review

Since its inception, HF Markets has proven itself as a leading regulated broker. Clients can enjoy zero spreads, free swap, and extra trading features like PAMM and copy trading.

Updated September 12, 2025 Written by Michelle Lim Kim Viewed 302 kali

HF Markets is a forex and commodities broker that has been established since 2010. More than 5 years in business and has won various awards.

HF Markets offers various account types, trading software, and tools to facilitate individual and institutional customers in trading online. The features are designed to make it easier for traders from anywhere in the world, including Indonesia.

In terms of the services provided, the HF Markets broker can be categorized as a middle-class broker, so it does not require large initial capital to join. Even so, the trading instruments it offers are very diverse, ranging from forex, metals, and oil, as well as CFDs on well-known American commodities and shares. Another advantage also lies in the availability of loyalty programs, competitions, plus various bonus offers for traders.

HF Markets has a multitude of account options, including Micro, Premium, Zero, FIX, VIP, Auto, PAMM, and HFCopy. Each account has trading specifications that can be tailored to individual needs.

The minimum deposit at HF Markets starts from USD 5 (on a micro account) to USD 20,000 on a VIP account. For FIX, Premium, and Swap-Free account holders; a 100% Supercharged Bonus is available, namely a daily cash rebate of USD 2 per lot with deposit requirements starting from USD250.

Apart from that, there is also a 100% Credit Bonus available with minimum deposit requirements starting from USD100 on Micro, Premium, Swap Free, and FIX accounts. This benefit is useful for increasing leverage and increasing the stop-out level to zero. To get it, traders need to submit an application which can be accessed at HF Markets official page.

 

Benefits from HF Markets

  • Free Account Funding
    Free Account Funding is automatically provided to all traders who register a Live Account at the HF Markets broker. To take advantage of it, traders simply log in to myHF Markets and fund their accounts normally using their preferred deposit method. If a trader uses the Bank Wire option and is charged a transfer fee by the bank, the trader can send a copy of proof of transfer to be reimbursed by the HF Markets broker.

  • HF Markets Loyalty Program
    All HF Markets traders can join the Loyalty program by registering for HF Markets Trading Rewards. After that, points in the form of HF Markets Bars will be collected from each traded lot; while loyalty status will increase from Red, Silver, Gold, to Platinum, along with how long you have been with HF Markets. Accumulated HF Markets Bars can be exchanged for cash, VPS access, Autochartist subscriptions, or private sessions with HF Markets analysts.

  • 100% Supercharged Bonus
    For every minimum deposit of USD 250 at the HF Markets broker, traders holding FIX, Premium, and Islamic (Swap-Free) accounts can get a daily cash rebate of USD2 per lot directly up to a maximum accumulation of USD 50,000. The funds collected can be used for further trading or withdrawn in cash.

  • 100% Credit Bonus
    Traders using Micro, Premium, Islamic (Swap-Free), and FIX accounts who make a minimum deposit of USD 100, can submit an application to obtain a 100% Credit Bonus. The funds obtained can be used to increase the leverage on the account, thereby placing the Stop Out at zero level. However, the bonus can only be withdrawn in cash if the trader has met the large enough lot requirements.

 

HF Markets Advantages

  • HF Markets Broker Has Received Many International Awards
    Since its founding in 2010, HF Markets broker has received various awards. These include Best Global Forex Trading Education Provider 2018 by Global Brands Magazine, Best Forex News and Analysis Provider 2016 from MENA Dubai FX Show, and Best Customer Service 2015 in the European CEO Award. HF Markets is also included in the Top 100 Companies by World Finance Magazine.

  • Quality Customer Service
    The customer service provided by HF Markets has been customized according to local wisdom. Ease of communication between clients and HF Markets is supported by a multi-lingual website and toll-free international telephone numbers for 10 countries including Indonesia. Moreover, HF Markets often holds seminars and gatherings for Indonesian traders where beginners and masters can exchange stories.

  • Various Trading Instruments
    The range of trading instruments provided by the HF Markets is very diverse, even when compared to other globally reputable brokers. Traders can manage portfolios that include various major, minor, and exotic currency pairs, as well as Gold, Oil, and even futures commodity contracts, stocks, and bonds in one trading account.

  • Various Bonuses, Promotions and Trading Contests
    HF Marketss has free deposit fees (including if you deposit funds via Bank Wire), an attractive loyalty program, as well as various bonus offers and competitions that are held regularly. This way, you can save on various side costs when you first join as a trader and even have the opportunity to win big prizes.
Comments 29
Showing Last 10 Comment |
C

Cakra

I'm currently trying trading on Thinkmarkets, and I think this broker is just as good as the big regulated brokers like ASIC. The spreads are competitively tight and the quality of service is also decent. Recommended.
9 Tahun lalu
B

BugisIndah

Does this broker provide a trading platform for iMac? Because as far as I know, MT4 is only available for Windows until now, right?
9 Tahun lalu
R

Rio

That's right, MT4 is generally designed for Windows. However, Thinkmarkets provides a custom MT4 that can be installed on all Apple devices including Macs. The same goes for its exclusive trading platform, thinktrader. Feel free to try both.
9 Tahun lalu
R

Ramzi

Is Thinkmarkets suitable for beginner traders? Do they have a cent account? Can you also do scalping?
9 Tahun lalu
R

Rio

Currently, thinkmarkets does not provide a cent account because the accounts at this broker use standard lot trading units (100,000 units of base currency).

Thinkmarkets also allows its traders to use scalping strategies freely.
9 Tahun lalu
H

Hamdan

In my opinion, this broker actually has quite good facilities, but it doesn't have micro accounts or cent accounts, that's its drawback, so it's less friendly for traders who want to trade with small lots.

If you're a beginner, I suggest looking for another broker that offers cent accounts, but if you already know how to trade forex, you can come back here again, you won't be disappointed, it's good.
9 Tahun lalu
SW

Sudyat W.

Wow, don't trade too often on a cent account, bro, that's definitely all naughty DD brokers. A cent account is definitely DD, and I'm sure the brokers are doing some cheating to make a lot of beginner traders lose. It's better to trade on a standard account with ThinkMarkets, it's definitely safer since it's regulated by FCA and ASIC.
9 Tahun lalu
S

Siga

Is this ThinkMarkets or ThinkForex? Which one is correct? Are they the same broker or different? By the way, does this broker have an affiliation with Thinkorswim?
9 Tahun lalu
R

Rio

Thinkforex has announced its re-branding to Thinkmarkets, with the aim of expanding its range of assets (in addition to forex, it also offers a variety of CFDs). So they are actually one and the same organization.

Thinkmarkets has no affiliation with Thinkorswim, as they are two different brokers. Thinkorswim is specifically for traders from the United States only, while Thinkmarkets is more global.
9 Tahun lalu
S

Sujiwardi

If I trade, should I use MT4 or thinktrader? Because after I checked, it turns out there is a difference in the spreads too, right? Is that true? If so, which trading software should I use?
9 Tahun lalu
R

Rio

thinkmarkets provides clients with the option to use either MT4 or thinktrader, both of which have the same trading conditions across all account types.

If you are already familiar with MT4, then MT4 is the best choice. On the other hand, if you want to try the latest trading terminal features, feel free to try thinktrader
9 Tahun lalu
PS

Pura S.

trading on thinkmarkets is truly amazing, with complete and advanced features, as well as the most advantageous trading conditions for traders. The spreads are super thin, floating starting from 0.1 pips on major pairs. Trading execution is also fast and accurate, no re-quotes, that's outdated.

Feel free to prove it yourself. Thinkmarkets is truly a top broker, regulated by FCA and ASIC, safe and reliable.
9 Tahun lalu
N

nono

here it is what I was looking for.. Safe and calm, after checking the regulation it's clear it's not a scam. Indeed, SAH is highly recommended for trading. The funds are guaranteed by the regulator (not a corruptor). It's also hard to find a broker like this, even professional traders keep it a secret.. you have to find out for yourself

8 Tahun lalu
AR

ade rifai

I'm not sure about opening an account at ThinkMarket because I haven't read any clause stating the GUARANTY RETAIL CLIENT FUND from the local government. In Indonesia, official brokers are under the supervision of BAPPEBTI (Department of Trade). Does ThinkMarket have an office address in Australia and a phone number?



Is there a photo of the licenses obtained from ASIC Australia and FCA England? Can the funds of clients be withdrawn by ThinkMarket, or is it only the clients who have the right to make withdrawals? Can those funds be redirected to another account or must they return to the client's account?
7 Tahun lalu
KG

Kutjing Ghorenk

Let's try it first in demo, if it's the same as Agnes who loves to play with requote-requoting, it's better not to do it :D
6 Tahun lalu
R

Rachmat

For now, Standard account $0, ECN account $500.
6 Tahun lalu
P

Patrick

This broker is quite good, an advanced broker but the deposit can be as low as 250 USD. It's still reasonable compared to other advanced brokers that have a minimum of 10,000 USD.
10 Tahun lalu
S

Shantika

the size of the min. deposit is not actually a determinant of the broker's quality, in my opinion. Because some institutional brokers do require a large min. deposit for reasons that are indeed reasonable.

Among other things, yes, to maintain their capital resilience, especially if the orders are truly passed on to the interbank market, the spread and commission alone can consume at least USD 10 per position. If the capital is limited, it will definitely hit MC before being able to enjoy profits from floating.
9 Tahun lalu
RS

randi sudirman

because the withdrawal method here seems to be only via bank transfer, I suggest depositing using the same method, which is bank transfer. because if there is a discrepancy between the deposit and withdrawal methods, it usually causes problems.
10 Tahun lalu
I

isalul

oh.. is that so, bro? the last time I checked the withdrawal options, there was only an instruction to fill out the withdrawal form, while the deposit options had various choices including Skrill and all. if that's the case, your suggestion makes sense too.
10 Tahun lalu
S

Sf

If you look further, there is actually no information that explicitly states the withdrawal process can only be done via wire transfer. Furthermore, it is mentioned that after filling out the withdrawal form, the funds will be sent back to the source of the deposit. So if the deposit was made via credit card, the withdrawal funds will also be sent back to that credit card.
10 Tahun lalu
M

Marta

oh, so it can be like that, huh? Wow, thank you so much for the info, I hope with this information the issue of not being able to withdraw will decrease. Because there are also a lot of my friends who use non-bank wire methods for transfers. By the way, is it safe to use local exchanger?
9 Tahun lalu
J

Januardi

Wow, it's quite expensive to open a pro account at Thinkmarkets, USD 2,000. With such an initial deposit value, what special features does Thinkmarkets promise?
9 Tahun lalu
R

Radit

In my opinion, the minimum deposit requirement is indeed in line with its quality, as they offer accounts with segregated client fund storage, and fast market execution. Plus, Thinkmarkets also provides newsfeed support from Reuters, a leading economic news source, and autochartist to assist with technical analysis. 
9 Tahun lalu
L

lusianti

BTW is it really that difficult to withdraw with this broker if I'm trading in Indonesia? Is it true that thinkmarkets doesn't have an IB in Indonesia? Usually, I use the help of an IB or local exchanger for the deposit and withdrawal process
9 Tahun lalu
S

SF

IB Thinkmarkets is available in Indonesia, but it seems that currently it is a bit hard to find and not as numerous as other forex brokers that are already more familiar among Indonesian traders. Regarding the ease of withdrawal, the transfer process at Thinkmarkets can be done directly by filling out the withdrawal form provided by the broker.
9 Tahun lalu
S

Sarti

Sir, the commission on the pro account is USD 3 per side, what does that mean? Does it mean every time I open a position like that?
9 Tahun lalu
W

Wardi

As far as I know, the commission per side means the commission is paid each time you open and close a position. So if, for example, the commission is USD 3/side, it means that each position (1 lot) is charged USD 3 when opening and USD 3 when closing the position, totaling USD 6.

While usually that is a round trip commission or a one-time payment for opening and closing a position.
9 Tahun lalu
K

Kei

Wow, I took a quick look at the website and it looks promising, very professional in my opinion. Can I ask for a recommendation on how much capital I would need to trade here? Is around 1000 USD enough?
9 Tahun lalu
C

Cakra

I'm currently trying trading on Thinkmarkets, and I think this broker is just as good as the big regulated brokers like ASIC. The spreads are competitively tight and the quality of service is also decent. Recommended.
9 Tahun lalu
B

BugisIndah

Does this broker provide a trading platform for iMac? Because as far as I know, MT4 is only available for Windows until now, right?
9 Tahun lalu
R

Rio

That's right, MT4 is generally designed for Windows. However, Thinkmarkets provides a custom MT4 that can be installed on all Apple devices including Macs. The same goes for its exclusive trading platform, thinktrader. Feel free to try both.
9 Tahun lalu
R

Ramzi

Is Thinkmarkets suitable for beginner traders? Do they have a cent account? Can you also do scalping?
9 Tahun lalu
R

Rio

Currently, thinkmarkets does not provide a cent account because the accounts at this broker use standard lot trading units (100,000 units of base currency).

Thinkmarkets also allows its traders to use scalping strategies freely.
9 Tahun lalu
H

Hamdan

In my opinion, this broker actually has quite good facilities, but it doesn't have micro accounts or cent accounts, that's its drawback, so it's less friendly for traders who want to trade with small lots.

If you're a beginner, I suggest looking for another broker that offers cent accounts, but if you already know how to trade forex, you can come back here again, you won't be disappointed, it's good.
9 Tahun lalu
SW

Sudyat W.

Wow, don't trade too often on a cent account, bro, that's definitely all naughty DD brokers. A cent account is definitely DD, and I'm sure the brokers are doing some cheating to make a lot of beginner traders lose. It's better to trade on a standard account with ThinkMarkets, it's definitely safer since it's regulated by FCA and ASIC.
9 Tahun lalu
S

Siga

Is this ThinkMarkets or ThinkForex? Which one is correct? Are they the same broker or different? By the way, does this broker have an affiliation with Thinkorswim?
9 Tahun lalu
R

Rio

Thinkforex has announced its re-branding to Thinkmarkets, with the aim of expanding its range of assets (in addition to forex, it also offers a variety of CFDs). So they are actually one and the same organization.

Thinkmarkets has no affiliation with Thinkorswim, as they are two different brokers. Thinkorswim is specifically for traders from the United States only, while Thinkmarkets is more global.
9 Tahun lalu
S

Sujiwardi

If I trade, should I use MT4 or thinktrader? Because after I checked, it turns out there is a difference in the spreads too, right? Is that true? If so, which trading software should I use?
9 Tahun lalu
R

Rio

thinkmarkets provides clients with the option to use either MT4 or thinktrader, both of which have the same trading conditions across all account types.

If you are already familiar with MT4, then MT4 is the best choice. On the other hand, if you want to try the latest trading terminal features, feel free to try thinktrader
9 Tahun lalu
PS

Pura S.

trading on thinkmarkets is truly amazing, with complete and advanced features, as well as the most advantageous trading conditions for traders. The spreads are super thin, floating starting from 0.1 pips on major pairs. Trading execution is also fast and accurate, no re-quotes, that's outdated.

Feel free to prove it yourself. Thinkmarkets is truly a top broker, regulated by FCA and ASIC, safe and reliable.
9 Tahun lalu
N

nono

here it is what I was looking for.. Safe and calm, after checking the regulation it's clear it's not a scam. Indeed, SAH is highly recommended for trading. The funds are guaranteed by the regulator (not a corruptor). It's also hard to find a broker like this, even professional traders keep it a secret.. you have to find out for yourself

8 Tahun lalu
AR

ade rifai

I'm not sure about opening an account at ThinkMarket because I haven't read any clause stating the GUARANTY RETAIL CLIENT FUND from the local government. In Indonesia, official brokers are under the supervision of BAPPEBTI (Department of Trade). Does ThinkMarket have an office address in Australia and a phone number?



Is there a photo of the licenses obtained from ASIC Australia and FCA England? Can the funds of clients be withdrawn by ThinkMarket, or is it only the clients who have the right to make withdrawals? Can those funds be redirected to another account or must they return to the client's account?
7 Tahun lalu
KG

Kutjing Ghorenk

Let's try it first in demo, if it's the same as Agnes who loves to play with requote-requoting, it's better not to do it :D
6 Tahun lalu
R

Rachmat

For now, Standard account $0, ECN account $500.
6 Tahun lalu

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