Where Is HFM Legal? Banned & Supported Countries
For residents of this country (United States), HFM is not available and does not accept clients. Below are the top three highest-rated brokers available there in 2026 — the best alternatives to consider.
HFM Available Countries List
Note! We regularly update the information about HFM regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact HFM customer support directly.
According to publicly accessible information and the broker’s regional guidelines, the following countries are where HFM currently provides its services:
India
United Kingdom
Indonesia
Poland
Germany
Spain
France
Nigeria
Malaysia
Ukraine
Brazil
Italy
South Africa
Pakistan
Albania
Algeria
Argentina
Armenia
Australia
Austria
Azerbaijan
Bahamas
Bangladesh
Botswana
Brunei
Bulgaria
Cambodia
Cameroon
Chile
China
Colombia
Costa Rica
Cote d'Ivoire
Czechia
Denmark
Dominican Republic
Ecuador
Egypt
Estonia
Eswatini
Ethiopia
Finland
Georgia
Ghana
Greece
Hong Kong
Hungary
Ireland
Israel
Jamaica
Japan
Kazakhstan
Kenya
Korea
Kyrgyzstan
Laos
Latvia
Lithuania
Madagascar
Mexico
Moldova
Mongolia
Montenegro
Morocco
Mozambique
Namibia
Nepal
Netherlands
Norway
Papua New Guinea
Peru
Philippines
Portugal
Romania
Rwanda
Saudi Arabia
Serbia
Singapore
Slovakia
Somalia
Sri Lanka
Sweden
Switzerland
Taiwan
Tajikistan
Tanzania
Thailand
Trinidad and Tobago
Tunisia
Turkey
UAE
Uganda
Uzbekistan
Venezuela
Vietnam
Zambia
Zimbabwe
Different entities of HFM may maintain varying lists of supported and restricted countries due to specific regulatory requirements, so the information above represents a general overview.
HFM Restricted Countries List
Note! We regularly update the information about HFM regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact HFM customer support directly.
According to publicly accessible information and the broker’s regional guidelines, the following countries are where HFM currently does not provide its services:
United States
Canada
Afghanistan
Angola
Bahrain
Belarus
Belgium
Bolivia
Congo
Croatia
Cuba
Cyprus
DR Congo
El Salvador
Haiti
Iran, Islamic republic
Iraq
Jordan
Kuwait
Lebanon
Lesotho
Libya
Luxembourg
Malta
Mauritius
Myanmar
New Zealand
North Macedonia
Oman
Palestine
Panama
Paraguay
Puerto Rico
Qatar
Reunion
Slovenia
Syria
Uruguay
Yemen
In addition, HFM — like most international brokers — does not offer services in countries or territories subject to international sanctions or included on the FATF high-risk list.
Find a Broker Legally Operating in Your Country
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In Which Countries is HFM Regulated? Is HFM Safe?
HFM is a Tier-1 regulated broker, operating under the supervision of one or more top-level financial authorities. Such regulation ensures strict compliance, fund segregation, and investor compensation mechanisms. Therefore, HFM is considered a highly reliable and safe broker.
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
CMA (Kenya)
The Capital Markets Authority (CMA) of Kenya regulates and oversees the activities of financial market participants, including stock exchanges, Forex brokers, and investment companies. Its primary goal is to ensure transparency, investor protection, and the development of Kenya's capital markets. The CMA also promotes the introduction of new financial products and supports innovations to strengthen the local capital market.
|
Full Name The Capital Markets Authority | Country Kenya | Protection Fund KES 50,000 | Regulation level Tier-2 |
CySec
CySec regulates investment firms, brokers, and their transactions in securities and derivatives on the Cyprus Stock Exchange. It imposes strict operational conditions, regular audits, and financial compliance.
|
Full Name Cyprus Securities and Exchange Commission | Country Cyprus | Protection Fund Up to €20,000 | Regulation level Tier-1 |
DFSA
DFSA regulates financial services performed within Dubai's International Financial Centre (DIFC). It's known for a robust legal framework and strict oversight practices, providing high levels of investor protection.
|
Full Name Dubai Financial Services Authority | Country Dubai | Protection Fund No specific fund | Regulation level Tier-2 |
FCA UK
The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the UK. Known for its stringent requirements, it covers a wide range of activities from mortgages to financial advice, ensuring high standards of behavior.
|
Full Name Financial Conduct Authority | Country United Kingdom | Protection Fund Up to £85,000 | Regulation level Tier-1 |
FSA (Seychelles)
FSA Seychelles regulates the non-bank financial services in Seychelles, aiming to promote their efficiency and transparency.
|
Full Name Financial Services Authority of Seychelles | Country Seychelles | Protection Fund No specific fund | Regulation level Tier-3 |
FSCA SA
The FSCA oversees the South African non-banking financial services industry, focusing on protecting investors and efficiently preventing financial crimes by enforcing stringent compliance standards.
|
Full Name Financial Sector Conduct Authority of South Africa | Country South Africa | Protection Fund No specific fund | Regulation level Tier-2 |
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Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.
