HFM — MetaTrader 4

Account conditions

Research checked

2026-10-12

Testing status

Not tested

Recorded virtual amount

100000

Recorded currency

Requires Verification

Expiry category

conflict

Evidence category

Sources conflict

Signup requirements

Register myHF profile, then create demo.

Notes and remaining checks

Amount is maximum opening balance. Resolve marketing/terms discrepancy before claiming unlimited; 60-day rule specifically names Demo Premium.

Record ID

hfm-mt4-svg

Broker

HFM

Legal entity

HF Markets (SV) Ltd

Research region codes

• SVG

Research region code

SVG

Research region

St Vincent & the Grenadines

Research scope

St. Vincent and the Grenadines

Platform code

mt4

Platform

MetaTrader 4

Documented terms

Simulation; exact execution differences not stated.

Balance reset or adjustment

Increase up to 3/day (min USD 10); decrease 2/day (min USD 5); max balance USD 10m equivalent.

Live account or deposit

Demo available before live account; free demo advertised.

Devices

Terminal; browser WebTrader

Forex coverage

Forex supported; demo pair count not stated

What the evidence establishes

Official broker documentation; signup and trading not tested.

Supporting sources

• HFM international demo account
• HF Markets (SV) Ltd Client Agreement July 2026

Official information source

HFM international demo account

Launch qualifications reviewed

2026-10-15

Official entry route

Visit official demo page

Route type

demo-page

Notes and remaining checks

Broker demo page; select your platform to continue.

Evidence status

Official entry route

URL

https://www.hfm.com/int/en/trading-accounts/demo-account

Route source

https://www.hfm.com/int/en/trading-accounts/demo-account

Research checked

2026-10-13

Testing status

Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope

HF Markets (SV) Ltd · SVG · MetaTrader 4, MetaTrader 5. Public documentation; no account or execution tests.

Testing status

Not tested

Contractual role

Finding

Principal

Evidence status

Documented

Notes and remaining checks

SVG agreement4.1 states the company always acts as principal.

Supporting sources

• HF Markets SV Client Agreement,July2026

Research checked

2026-10-13

Execution arrangement

Finding

Sole venue with possible LP transmission

Evidence status

Broker-reported

Notes and remaining checks

Agreement6.1 makes HFM sole venue and exclusive counterparty even if it transmits orders to third-party liquidity providers.

Supporting sources

• HF Markets SV Client Agreement,July2026

Research checked

2026-10-13

Demo realism

Finding

Requires Verification

Evidence status

Requires Verification

Notes and remaining checks

Demo page promotes close simulation and MT4/MT5 access but does not establish specific slippage, liquidity, rejection or charge differences.

Supporting sources

• HFM international demo account

Research checked

2026-10-13

Research review

Research checked

2026-10-13

Review outcome

Reviewed official documentation: role Principal; arrangement Sole venue with possible LP transmission; demo Requires Verification. No accounts opened or tested.

Remaining checks

• Obtain specific simulation omissions for the SVG MT4 and MT5 demos.

Demo markets

Scope

HF Markets (SV) Ltd · St Vincent & the Grenadines · MetaTrader 4. Market coverage not yet reviewed.

Testing status

Not tested

Forex CFDs

Evidence status

Requires Verification

Notes and remaining checks

Forex CFD demo access has not been established for this entity and platform.

Supporting sources

No supporting source recorded for this field.

Research checked

Requires Verification

Cryptocurrency CFDs

Evidence status

Requires Verification

Notes and remaining checks

Cryptocurrency CFD demo access has not been established for this entity and platform.

Supporting sources

No supporting source recorded for this field.

Research checked

Requires Verification

API access

Evidence status

Requires Verification

Type

Requires Verification

Access route

Not established for this offering

Notes and remaining checks

API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.

Requirements

Confirm the account, platform and regional requirements with the broker.

Supporting sources

No supporting source recorded for this field.

Official documentation

No supporting source recorded for this field.

Research checked

Requires Verification

Testing status

Not tested

Entity and regulatory research

Evidence status

No SVG FSA Forex licence

Legal entity

HF Markets (SV) Ltd

Regulator

St. Vincent and the Grenadines Financial Services Authority

Finding

SVG FSA states it does not issue Forex trading/brokerage licences or regulate/license BCs and LLCs for that activity. Thus the selected SVG entity has no SVG FSA Forex authorization; incorporation is distinct.

Scope

Local SVG authorization only. Not a claim about other HFM entities, overseas licences, or illegality. Corporate registration/standing for 22747 IBC 2015 was not independently confirmed. The cited warning targets another company; only its general regulatory policy is used.

Supporting sources

• SVG FSA — February 2026 notice stating general Forex licensing policy
• SVG FSA: general Forex licensing policy in warning notice
• HFM international demo: entity and country exclusions

Reading the evidence

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.

Official sources