HFM M-Pesa - All you must know

HFM (formerly HotForex), a Member of HF Markets Group is one of few brokers that accept M-Pesa for deposits and withdrawals. Unfortunately, we don't have any personal experience with HFM as we have with other forex brokers that accept M-Pesa, so we can't recommend using HFM.

With that being said, here is some information about HFM and the usage of M-Pesa when trading with this broker. According to the HFM official website, the minimum deposit when using mpesa is 1000 KES (which is around 10 dollars). Because M-Pesa is primarily popular in Kenya, I believe HFM supports this payment only there. However, it is possible they also support it in other African countries where the use of M-Pesa is also high. The deposit time on the HFM platform when using M-Pesa takes about 10 minutes and can be done through the deposit page when you are logged in your HFM trading account.

Michael Kuchar

Author of the article

Hi, I'm Michael and my area of expertise is Forex and cryptocurrency trading. I specialize in intraday trading of G20 currencies and use a combination of fundamental and technical analysis to anticipate potential market movements. My current main interest lies in cryptocurrencies, especially in Ethereum and decentralized applications.

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