Trading CFDs carries a high risk of losing money rapidly. Confirm this broker's current loss-rate disclosure and regulated entity before opening an account. Read the full risk disclosure.
FXTM 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.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | FXTM | HFM |
|---|---|---|
| BrokaBoy score | 8.2/10 | 9.7/10 |
| Trustpilot rating | Trustpilot 2.5 (1,106 reviews) | Trustpilot 4.3 (2,948 reviews) |
| Listed minimum deposit | $100 | $0 |
| Advertised spread from | 0.0 pips | 0.0 pips |
| Advertised maximum leverage | Up to 1:5000 (entity dependent) | 1:2000 (entity dependent) |
| Regulators | FCA, CySEC, FSCA, CMA, FSCM | FCA, CySEC, DFSA, FSCA, CMA, FSA |
| Platforms | MetaTrader 4, MetaTrader 5, FXTM Trader app | MetaTrader 4, MetaTrader 5, HFM App, HFcopy |
| Instruments | Forex, Commodities, Indices, Stocks | Forex, Commodities, Indices, Stocks, Bonds, Crypto |
| Account types | Rewards Plus, Rewards, Advantage, Advantage Stocks | Cent, Micro, Premium, Zero Spread, Auto |
| Founded | 2011 | 2010 |
| Spread type | Variable; raw pricing on Advantage accounts, marked-up on Micro | Variable; raw pricing on the Zero Spread account |
| Commission | Volume-tiered, roughly $0.40 to $2 per side per lot on Advantage | Around $6 per round-turn lot on Zero Spread; none on Micro and Premium |
| Overnight / swap | Swaps apply overnight; Islamic accounts available on request | Swaps charged on positions held overnight; Islamic swap-free accounts available on request |
| Withdrawals | Some withdrawal methods carry a fee below a minimum amount; an inactivity fee applies after prolonged dormancy | HFM covers most withdrawal fees; third-party payment charges may apply |
Key differences
- HFM has a lower listed minimum deposit ($0 vs $100).
- HFM has the higher BrokaBoy score (9.7/10 vs 8.2/10).
- Both brokers hold licences with FCA, CySEC, FSCA, CMA.
- Only FXTM lists FXTM Trader app among its platforms.
- Only HFM lists HFM App, HFcopy among its platforms.
- Only HFM lists Bonds, Crypto among its instruments.
Which should you choose?
- Choose HFM if a lower listed opening deposit is your priority.
- Choose HFM if you want the broader platform list shown in our catalogue (4 vs 3).
- 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, FXTM or HFM?+
HFM has the lower listed minimum deposit ($0 vs $100). Confirm current terms with each broker.
Are FXTM and HFM regulated by the same authorities?+
They share FCA, CySEC, FSCA, CMA. FXTM lists FCA, CySEC, FSCA, CMA, FSCM; HFM lists FCA, CySEC, DFSA, FSCA, CMA, FSA in our catalogue.
Which has the higher BrokaBoy score?+
HFM scores 9.7/10 against 8.2/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do FXTM and HFM support the same platforms?+
Both list MetaTrader 4, MetaTrader 5. HFM lists more platforms overall.
