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.
HFM vs XTB
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 | HFM | XTB |
|---|---|---|
| BrokaBoy score | 9.7/10 | 8.1/10 |
| Trustpilot rating | Trustpilot 4.3 (2,948 reviews) | Trustpilot 3.6 (2,819 reviews) |
| Listed minimum deposit | $0 | $0 |
| Advertised spread from | 0.0 pips | 0.5 pips |
| Advertised maximum leverage | 1:2000 (entity dependent) | 1:500 |
| Regulators | FCA, CySEC, DFSA, FSCA, CMA, FSA | FCA, CySEC, KNF, IFSC, DFSA |
| Platforms | MetaTrader 4, MetaTrader 5, HFM App, HFcopy | xStation 5, xStation Mobile |
| Instruments | Forex, Commodities, Indices, Stocks, Bonds, Crypto | Forex, Stocks, ETFs, Crypto, CFDs |
| Account types | Cent, Micro, Premium, Zero Spread, Auto | Standard, Islamic |
| Founded | 2010 | 2002 |
| Spread type | Variable; raw pricing on the Zero Spread account | Variable spreads from 0.5 pips on Standard accounts. |
| Commission | Around $6 per round-turn lot on Zero Spread; none on Micro and Premium | Commission-free on FX and indices CFDs; equity CFDs carry a percentage commission with a minimum. |
| Overnight / swap | Swaps charged on positions held overnight; Islamic swap-free accounts available on request | Daily swap points on positions held past rollover. |
| Withdrawals | HFM covers most withdrawal fees; third-party payment charges may apply | Free withdrawals above a set threshold; smaller withdrawals attract a handling fee. Inactivity fee after 12 months idle. |
Key differences
- HFM has the higher BrokaBoy score (9.7/10 vs 8.1/10).
- Both brokers hold licences with FCA, CySEC, DFSA.
- Only HFM lists MetaTrader 4, MetaTrader 5, HFM App, HFcopy among its platforms.
- Only XTB lists xStation 5, xStation Mobile among its platforms.
- Only HFM lists Commodities, Indices, Bonds among its instruments.
- Only XTB lists ETFs, CFDs among its instruments.
Which should you choose?
- Choose HFM if you want the broader platform list shown in our catalogue (4 vs 2).
- Choose HFM if access to Commodities is essential, and confirm it is available under your entity.
- Choose XTB if access to ETFs 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, HFM or XTB?+
Both list the same minimum deposit of $0. Confirm current terms with each broker.
Are HFM and XTB regulated by the same authorities?+
They share FCA, CySEC, DFSA. HFM lists FCA, CySEC, DFSA, FSCA, CMA, FSA; XTB lists FCA, CySEC, KNF, IFSC, DFSA in our catalogue.
Which has the higher BrokaBoy score?+
HFM scores 9.7/10 against 8.1/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do HFM and XTB support the same platforms?+
No platform is listed by both brokers in our catalogue.
