HFM (formerly HotForex) has established one of the deepest presences in Africa and the Middle East among any international CFD broker, with a dedicated FSCA (South Africa) regulated entity and active communities in Nigeria, Kenya, Egypt and the UAE. Founded in 2010, HFM now serves over 3.5 million clients across 180 countries.

The rebate structure at HFM is unique — it's tiered by monthly volume. Standard traders earn $9.90/lot on Premium accounts, while high-volume traders unlock $19.80 and $29.70/lot tiers. For professional traders doing 100+ lots per month, HFM's maximum rate of $29.70/lot is the highest absolute rebate available on any broker on our platform.

HFM also features a vibrant copy trading marketplace and social trading community, making it a natural fit for signal providers in the African market who want to earn both copy trading fees and IB rebates simultaneously.