FP Marketsvs
HFMCrypto Exchange Comparison
This comparison pits FP Markets and HFM as regulated crypto CFD providers. They both offer broad platform access, but differ in pricing transparency and coin selection.
Our Verdict
FP Markets winsby 0.1 pts
FP Markets and HFM are closely matched, but FP Markets offers transparent pricing that HFM does not.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Live chat support available 24/5 on FP Markets, not on HFM.
- 2FP Markets offers transparent pricing on crypto CFDs, while HFM does not.
- 3HFM lists 50 crypto CFDs versus FP Markets' 15.
Who should choose FP Markets vs HFM?
Find out which crypto exchange best suits your trading profile.
Choose FP Markets if…
Choose FP Markets if you value 24/5 live chat support and transparent pricing.
Choose HFM if…
Choose HFM if you value a wide 50+ crypto CFD menu and built-in HFcopy copy trading.
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
HFM wins with FCA, CySEC, FSCA, and DFSA oversight.
Best for low fees
It’s a tie
Both equally suited
FP Markets offers crypto CFDs with no commissions and spreads only.
FP Markets vs HFM: Side-by-Side Crypto Exchange Comparison
| Criteria |  FP Markets |  HFM |
|---|---|---|
| Editorial score | 4.0/ 5 | 3.9/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 0 pips | 0 pips |
| Taker Fee | 6.00% | 6.00% |
FP Markets vs HFM Crypto Exchange Pros & Cons
Pros
- Crypto CFDs available on MT4, MT5, cTrader, and TradingView, no platform switching
- ASIC and CySEC regulation with segregated client funds
- Integrates into existing multi-asset account alongside forex, indices, and shares
- No commission on crypto CFDs; spread-only pricing
Cons
- CFDs only, no real crypto ownership, staking, or on-chain access
FP Markets vs HFM: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
FP Markets
criteria wins
0
HFM
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | FP Markets | 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 | 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 | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
FP Markets vs HFM: Frequently Asked Questions
The scores are close: FP Markets rates 4/5 and HFM rates 3.9/5. FP Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both FP Markets and HFM list the same spread figure of 0. Compare each exchange's full fee schedule, including maker/taker rates and any volume discounts, to evaluate total trading costs.
HFM has no minimum deposit, while FP Markets requires at least $100. This makes HFM more accessible for traders looking to start with a smaller crypto investment.
Both FP Markets 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.
FP Markets offers up to 2:1 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.
Both FP Markets and HFM charge the same commission of $6 per trade on applicable accounts. 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.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while HFM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS and TradingView.
