BROKER COMPARISON TOOL

XM vs HF Markets

Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.

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Broker A

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Broker B

	XM	HF Markets
Overall score	3.42 / 5	3.73 / 5
Regulation	CySEC No. 120/10 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD010 FCA-licensed; firm reference number not independently confirmed. XM also operates a second Seychelles-licensed entity, XM (SC) Limited, under licence SD190	CySEC No. 183/12 + FCA No. 801701 + FSA Seychelles No. SD015 FCA held by HF Markets (UK) Ltd, DFSA by HF Markets (DIFC) Ltd, and FSCA by HF Markets SA (PTY) Ltd -- separate group entities from the CySEC-licensed HF Markets (Europe) Ltd.
Entity	Trading Point of Financial Instruments Ltd	HF Markets (Europe) Ltd
Founded	2009	2010
Headquarters	Limassol, Cyprus	Limassol, Cyprus
Minimum deposit	$5	$5 (Premium account); Pro account requires $100/€100
Avg. spread (EUR/USD)	1.1 pips	1.2 pips
Platforms	MT4, MT5	MT4, MT5, Proprietary (HFM App)
Other Tier-1 regulators	ASIC, DFSA	DFSA, FSCA
Instruments	1,000+ across forex, stocks, indices, commodities, metals, crypto	500+ CFDs across forex, metals, indices, stocks, bonds, energies, commodities and cryptocurrencies.
Visit	Visit XM	Visit HF Markets

Full XM review → · Full HF Markets review → · Compare different brokers →

How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.