Is HFM regulated in South Africa? HFM is FSCA-regulated (FSP 46632, HF Markets SA (Pty) Ltd). The SA FSP 46632 appears to be a Category I intermediary authorisation rather than an ODP (the product supplier is HF Markets Ltd offshore) — do not present HFM as a local ODP without confirmation.
The SA FSP 46632 appears to be a Category I intermediary authorisation rather than an ODP (the product supplier is HF Markets Ltd offshore) — do not present HFM as a local ODP without confirmation.
FSCA regulation & ODP status
- FSCA FSP: 46632 (entity: HF Markets SA (Pty) Ltd) — pending live-register confirm.
- Own ODP licence: No own ODP — see caveat above.
Other authorisations: FCA (United Kingdom), CySEC (Cyprus), DFSA (Dubai (DIFC)).
ZAR support & funding
ZAR support unverified. Funding methods, fees and processing times vary by entity and currency — check the broker's funding page, and read our guide on funding a forex account in ZAR (FICA/KYC).
Platforms
MT4, MT5, HFM App.
Fees & minimum deposit
Minimum deposits and spreads vary by account type and change often — check the current figures on the broker's site. We do not publish a figure until a hands-on review.
How to verify before you deposit
- Note the exact legal entity name on the broker's site that serves South Africa.
- Search that entity (and FSP number) on the official FSCA register.
- Confirm the authorisation is current and, if you need onshore CFDs, that the entity holds an ODP licence.