My Honest Review of HFM Forex Platform

My Honest Review of HFM Forex: Why I Think It’s a good Forex Trading Platform in Kenya

Introduction

When I started exploring forex trading, I used different platforms, both locally and internationally—but I ended up sticking with HFM platform for a couple of reasons. Location, regulation, M-pesa intergration, low spreads and commissions etc, are some of the reasons why I confidently consider HFM to be one of the good forex trading platforms in Kenya. I’ll go through each reason in detail below.

This post contains affiliate links. I may earn a small commission fee if you make a purchase through the links. Thanks.

Considerations

1. Safety and Regulation

The first thing I check before trusting a broker is regulation. The HFM Forex platform is licensed by the Capital Markets Authority (CMA) here in Kenya, and for me, that makes a huge difference. I don’t have to worry about dealing with an offshore broker that might disappear or mess with my funds (True story btw. I have $100+ stuck in Oanda account. Story for another day.). Knowing that HFM operates under CMA’s oversight gives me peace of mind.

Link: HFM Forex Platform

2. Location Advantage

Another big plus for me is that the HFM Forex platform actually has a physical office in Nairobi. Unlike many brokers that only exist online, HFM gives Kenyan traders the option of walking into their office for in-person support. For me, this adds another layer of trust and makes it easy to get assistance when needed.

Link: HFM Forex Platform

3. Deposits and Withdrawals

One of my favorite features about the HFM Forex platform is the M-Pesa integration. For me, it’s a game-changer. I can deposit and withdraw instantly without stressing about bank delays or high fees. Compared to other brokers I’ve tried, HFM makes moving money in and out of my trading account quite smooth and affordable.

Link: HFM Forex Platform

4. Trading Costs and Spreads

HFM’s spreads are very low. On the Zero spread account, I’ve seen spreads start from 0.0 pips, which is perfect for active trading. Of course, they add a small commission, but overall, the costs are much better than many other brokers I’ve tested. This image below is a screenshot of my HFM MT4 account and you can see the commissions are quite low compared to the profits I’m making. This is very important when choosing a trading platform.

Link: HFM Forex Platform

5. Platforms and Tools

HFM Forex platform supports both MT4 and MT5, and for me, that’s ideal since I like the flexibility. I have the MT4 on my laptop and this is where I execute my setups. I have the MT5 on my phone and I use it to take partial profits. Taking partial profits is very important for all traders and if you would like a tutorial on how to do that, please let me know in the comments section.

Link: HFM Forex Platform

6. Account Options

Another thing I like about HFM is the variety of accounts. Personally, I started with the Micro account, which only needed a $5 deposit. That made it easy to test the waters without risking too much. Later, I explored the Zero spread account for tighter spreads. Whether you’re new or experienced, there’s an account type that fits.

Link: HFM Forex Platform

What I think could be better

Some professional traders might appreciate even lower commissions.

Final Verdict

For me, HFM Forex trading platform ticks all the boxes—safety, convenience, affordability, and great customer support. This is why I believe it deserves the title of the best forex trading platform in Kenya. If you’re a beginner, the low entry cost and low commission make it easy to start. And if you’re an experienced trader, the spreads, account choices, and platforms give you everything you need.

? My Rating: 4.8/5 – I Highly Recommend.

Link: HFM Forex Platform

This post contains affiliate links. I may earn a small commission fee if you make a purchase through the links. Thanks.

Disclaimer

The publisher and author make no representations or warranties with respect to the accuracy or completeness of these contents and disclaim all warranties such as warranties of fitness for a particular purpose. The author or publisher is not liable for any damages whatsoever. The fact that an individual or organization is referred to in this document/website as a citation source of information does not imply that the author or publisher endorses the information that the individual or organization provided. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person’s investment objectives, financial situation and particular needs. The information should not be considered as an offer or enticement to buy, sell or trade.

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