Forex.comvs
HFMCrypto Exchange Comparison
Two regulated, multi-asset brokers clash over crypto CFDs, balancing security, pricing, and platform depth. The axis of difference centers on how many coins each lists.
Our Verdict
Too close to call
Forex.com and HFM are closely matched in overall offering. The clearest differentiator is coin selection: HFM lists 50 crypto CFDs versus Forex.com's 6.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Coin selection breadth: HFM lists 50 crypto CFDs, Forex.com 6.
- 224/5 live chat available on Forex.com, not on HFM.
- 3Forex.com offers transparent pricing; HFM lacks this feature.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
Forex.com is preferred for security due to US regulators and broad licensing.
Best for low fees
Recommended
HFM offers no deposit fee and broader pricing flexibility.
Forex.com vs HFM: Side-by-Side Crypto Exchange Comparison
| Criteria |  Forex.com |  HFM |
|---|---|---|
| Editorial score | 3.9/ 5 | 3.9/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 1 pips | 0 pips▼ lower |
| Taker Fee | 7.00% | 6.00%▼ lower |
Forex.com vs HFM Crypto Exchange Pros & Cons
Pros
- NFA/CFTC and FCA regulated, highest regulatory standard available for crypto CFDs
- Advanced charting platforms including TradingView integration
- Strong institutional research and market analysis tools
Cons
- US leverage caps (10:1 on crypto) significantly lower than offshore alternatives
- Commission structure adds up for high-frequency crypto traders
Forex.com vs HFM: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
Forex.com
criteria wins
2
HFM
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | Forex.com | HFM |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Fail | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Fail |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
Forex.com vs HFM: Frequently Asked Questions
Forex.com and HFM share the same editorial score of 3.9/5. One concrete differentiator: HFM requires a lower minimum deposit.
HFM lists a lower spread from 0, compared with Forex.com's 1. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
HFM has no minimum deposit, while Forex.com requires at least $100. This makes HFM more accessible for traders looking to start with a smaller crypto investment.
Both Forex.com and HFM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: HFM has no minimum deposit, removing the capital barrier entirely, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Forex.com offers up to 50:1 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.
HFM charges $6 per trade, lower than Forex.com's $7 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.
Forex.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while HFM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Forex.com has exclusive access to Proprietary Web/Mobile.
HFM scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
