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More about HFM
Broker availability
Is HFM Available in 🇮🇳 India?
Yes — HFM is available in India
HFM accepts clients from India. Regulated by CySEC & FSCA.
Availability last verified: October 2026
Broker availability in 🇮🇳 India
155 / 341 brokers155 out of 341 brokers in our database accept clients from India (45% availability). See all available brokers →
Is HFM the right fit for you?
Get matched to brokers for your country, market and style — free, ~30 seconds.
HFM vs alternatives in 🇮🇳 India
| Regulator | CySEC, FSCA | FCA, CySEC | FCA, ASIC | Labuan FSA, CIMA |
| Min. deposit | $5 | $100 | $100 | $5 |
| Spread from | 0 pips | 1 pips | 0.6 pips | 0.5 pips |
| Max leverage | 2000 | 500 | 500 | 1000 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose HFM in 🇮🇳 India?
Min. deposit
$5
Spread from
0 pips
Max leverage
2000
BrokerRank score
3.78 / 5
- Micro accounts available
- High leverage up to 1:2000
- Multiple account types
- Very low minimum deposit ($5)
- Regulated by CySEC & FSCA — legally available to India residents under SEBI (Securities and Exchange Board of India)
Trading conditions in 🇮🇳 India
Regulated by SEBI (Securities and Exchange Board of India). Max forex leverage: Not permitted for retail. Permitted instruments: Stocks, Futures, Options, Mutual funds. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted.
Other recommended brokers available in 🇮🇳 India
Comparing HFM with other brokers available to India traders.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- 24/7 trading on synthetic indices
- No commission on most products
- Very low minimum deposit ($5)
- Negative balance protection
- No deposit/withdrawal fees
- Very low minimum deposit ($5)
About HFM
Regulated by
CySEC, FSCA
Headquarters
Limassol, Cyprus
Founded
2010
Min. deposit
$5
BrokerRank score
3.78 / 5
Markets
forex, commodities, stocks
Frequently Asked Questions
1Is HFM available in India?
Yes — HFM accepts clients from India. The broker is regulated by CySEC and FSCA. You can open a live account directly through their website.
2What are the best alternatives to HFM for India traders?
Brokers we recommend in India include ForTrade, FxPro, Deriv. All are verified to accept clients from India and are regulated by reputable authorities.
3Can I use a VPN to access HFM from India?
Using a VPN to circumvent geo-restrictions violates HFM's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
4Is forex trading legal in India?
Retail forex trading through offshore brokers is not officially permitted in India. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted. Traders in India should use locally licensed and regulated brokers.
5What leverage is available for traders in India?
Forex: up to Not permitted for retail. Stocks: up to 1:5 (equity). These limits are set by SEBI (Securities and Exchange Board of India) and apply to all licensed brokers serving India residents. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted.
6Which financial instruments can traders in India access?
Traders in India regulated by SEBI (Securities and Exchange Board of India) can access the following instruments: Stocks, Futures, Options, Mutual funds. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted.
7Which brokers accept clients from India?
155 out of 341 brokers in the BrokerRank database accept clients from India. Recommended options include ForTrade, FxPro, Deriv. You can see the full list on our India brokers page.