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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

FieldExnessHFM
BrokaBoy score9.0/109.7/10
Trustpilot ratingTrustpilot 4.7 (31,240 reviews)Trustpilot 4.3 (2,948 reviews)
Listed minimum deposit$10$0
Advertised spread from0.0 pips0.0 pips
Advertised maximum leverage1:20001:2000 (entity dependent)
RegulatorsFCA, CySEC, FSCA, FSA, BVIFSC, FSCM, CMAFCA, CySEC, DFSA, FSCA, CMA, FSA
PlatformsMetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade appMetaTrader 4, MetaTrader 5, HFM App, HFcopy
InstrumentsForex, Commodities, Indices, Stocks, CryptoForex, Commodities, Indices, Stocks, Bonds, Crypto
Account typesStandard, Standard Cent, Raw Spread, Zero, ProCent, Micro, Premium, Zero Spread, Auto
Founded20082010
Spread typeVariable, raw on Zero and Raw Spread accountsVariable; raw pricing on the Zero Spread account
CommissionFrom about $3.50 per lot per side on commission accounts; zero commission on StandardAround $6 per round-turn lot on Zero Spread; none on Micro and Premium
Overnight / swapOvernight swaps apply; swap-free options are available on selected accounts and instrumentsSwaps charged on positions held overnight; Islamic swap-free accounts available on request
WithdrawalsNo broker-side withdrawal fee on most methods; payment providers may chargeHFM 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.

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