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Exness vs HFM
A field-by-field comparison based on the current BrokaBoy catalogue. Check current pricing and the regulated entity on each broker's website before deciding.
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | Exness | HFM |
|---|---|---|
| BrokaBoy score | 9.0/10 | 9.7/10 |
| Trustpilot rating | Trustpilot 4.7 (31,240 reviews) | Trustpilot 4.3 (2,948 reviews) |
| Listed minimum deposit | $10 | $0 |
| Advertised spread from | 0.0 pips | 0.0 pips |
| Advertised maximum leverage | 1:2000 | 1:2000 (entity dependent) |
| Regulators | FCA, CySEC, FSCA, FSA, BVIFSC, FSCM, CMA | FCA, CySEC, DFSA, FSCA, CMA, FSA |
| Platforms | MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade app | MetaTrader 4, MetaTrader 5, HFM App, HFcopy |
| Instruments | Forex, Commodities, Indices, Stocks, Crypto | Forex, Commodities, Indices, Stocks, Bonds, Crypto |
| Account types | Standard, Standard Cent, Raw Spread, Zero, Pro | Cent, Micro, Premium, Zero Spread, Auto |
| Founded | 2008 | 2010 |
| Spread type | Variable, raw on Zero and Raw Spread accounts | Variable; raw pricing on the Zero Spread account |
| Commission | From about $3.50 per lot per side on commission accounts; zero commission on Standard | Around $6 per round-turn lot on Zero Spread; none on Micro and Premium |
| Overnight / swap | Overnight swaps apply; swap-free options are available on selected accounts and instruments | Swaps charged on positions held overnight; Islamic swap-free accounts available on request |
| Withdrawals | No broker-side withdrawal fee on most methods; payment providers may charge | HFM covers most withdrawal fees; third-party payment charges may apply |
Key differences
- HFM has a lower listed minimum deposit ($0 vs $10).
- HFM has the higher BrokaBoy score (9.7/10 vs 9.0/10).
- Both brokers hold licences with FCA, CySEC, FSCA, FSA, CMA.
- Only Exness lists Exness Terminal, Exness Trade app among its platforms.
- Only HFM lists HFM App, HFcopy among its platforms.
- Only HFM lists Bonds among its instruments.
Which should you choose?
- Choose HFM if a lower listed opening deposit is your priority.
- Choose HFM if access to Bonds is essential, and confirm it is available under your entity.
- Choose the broker whose regulated entity covers your country and provides the protections you need; confirm this on the regulator's register.
Frequently asked questions
Which has the lower minimum deposit, Exness or HFM?+
HFM has the lower listed minimum deposit ($0 vs $10). Confirm current terms with each broker.
Are Exness and HFM regulated by the same authorities?+
They share FCA, CySEC, FSCA, FSA, CMA. Exness lists FCA, CySEC, FSCA, FSA, BVIFSC, FSCM, CMA; HFM lists FCA, CySEC, DFSA, FSCA, CMA, FSA in our catalogue.
Which has the higher BrokaBoy score?+
HFM scores 9.7/10 against 9.0/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do Exness and HFM support the same platforms?+
Both list MetaTrader 4, MetaTrader 5.