This comparison pairs BingX, a native crypto exchange, with HFM, a regulated CFD broker. The axis of tension is platform design and asset ownership versus derivatives-focused access.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX if you want a native exchange with 700+ assets and 24/5 live chat.
Choose if…
Choose HFM if you prefer regulated crypto CFDs with segregated funds.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 3.9/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | 0 pips |
| Taker Fee | 0.10%▼ lower | 6.00% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | HFM |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Fail |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
BingX and HFM share the same editorial score of 3.9/5. One concrete differentiator: HFM holds top-tier regulatory status.
HFM lists a spread from 0. Current spread data is not available for BingX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither BingX nor HFM requires a minimum deposit, making both accessible regardless of starting capital.
HFM holds top-tier regulation (CySEC, FSCA, FCA), providing stronger investor protections. BingX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, HFM provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each exchange's site before deciding.
BingX offers up to 150:1 on perpetual or margin products, versus HFM's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
BingX charges $0.1 per trade, lower than HFM's $6 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while HFM supports MetaTrader 4, MetaTrader 5. BingX has exclusive access to Proprietary Web/Mobile. HFM has exclusive access to MetaTrader 4 and MetaTrader 5.
BingX lists 500+ coins while HFM does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
HFM wins on regulatory protection and fund segregation, while BingX provides proof of reserves.
BingX offers lower futures fees; HFM's crypto CFD spreads can widen in volatility.
BingX provides 700+ listed assets; HFM covers about 50 crypto CFDs.
BingX suits beginners with copy trading and transparency; HFM suits beginners via regulated HFcopy options.
Equally matched; neither offers DeFi or on-chain options per data.
| N/A |
| 0.6 pips |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNetellerFasaPay |
|---|
| Withdrawal methods | CryptoBank transfer | Bank transferCredit cardSkrillNetellerFasaPay |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | VARA | CySEC FSCA FCA DFSA |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | None |
|---|
BingX and HFM sit on a closely matched edge, but BingX's own exchange with transparent pricing and proof of reserves marks the clearest structural difference from HFM's CFD-only model.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
Score 3.9 / 5
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