HFM vs Trademax Global Markets: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeHFMTrademax Global Markets
Licence Score70Strong29Weak
Strongest licence 1 Tier 1 3 Tier 3
Licences on record71
1 FCA United Kingdom Licensed—
2 CySEC Cyprus Licensed · Licence 183/12—
2 FSCA South Africa Licensed · FSP 46632—
2 DFSA United Arab Emirates Licensed—
3 FSC (MU) Mauritius Licensed—
3 CMA (Kenya) Kenya LicensedLicensed
4 FSA (Seychelles) Seychelles Licensed—
Founded20102016
HeadquartersCyprusKenya
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryMT4, MT5
Minimum depositNo minimum—
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Frequently asked questions

Is HFM or Trademax Global Markets better regulated?

HFM has the higher Licence Score (70 vs 29), based on the number and tier of licences, operating history and public listing.

Which regulators license both HFM and Trademax Global Markets?

Both are matched to licences from CMA (Kenya).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.