HF Markets is a well-known international broker, but its unique focus on the British market is undeniable. It has local FCA regulation, a dedicated UK customer service team, a toll-free UK customer service number, and offers GBP trading accounts. It also offers fast and free deposits and withdrawals via the Trustly app.
The HF Markets Premium Account has slightly higher trading costs than most other brokers’ entry-level accounts with a 100 GBP minimum deposit and spreads starting at 1 pip on the EUR/USD. But trading costs improve on the ZERO Spread Account, with EUR/USD spreads starting at 0.1 pips and a 6 USD commission.
HF Markets supports both the MT4 and MT5 platforms in addition to its own mobile HF App, which allows clients to trade from charts and make deposits and withdrawals. It also has several excellent trading tools to further assist traders. Unfortunately, access to tools such as Autochartist, which other brokers offer as a free service, requires an account balance of 500 GBP – well above the required minimum deposit.
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