Admirals vs HFM Forex Broker Comparison
A head-to-head comparison of Admirals and HFM across regulation, trading costs, platforms, and editorial scoring.
Multi-regulated broker with extensive account range, competitive Zero account spreads, strong EU regulation and quality webinar and education content.
VS
Our Verdict
Admirals winsby 0.2 pts
Admirals edges ahead with a score of 4.3/5 vs HFM's 4.1/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
HFM offers tighter spreads from 0 pips vs 0.5 pips for Admirals, reducing trading costs.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for beginners
Recommended
Admirals edges out HFM with a higher editorial score (4.3/5 vs 4.1/5), indicating a stronger overall experience for new traders.
Admirals vs HFM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 4.1 / 5 |
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.1 / 5 |
Platforms & Tools 20% weight | 4.2 / 5▲ | 4.0 / 5 |
Customer Support 10% weight | 4.2 / 5▲ | 4.0 / 5 |
| Founded | 2001 | 2010 |
| Headquarters | Tallinn, Estonia | Limassol, Cyprus |
| Min deposit | $100 | No minimum |
| Spreads from | 0.5 pips | 0 pips |
| Commission / lot | $6/lot | $6/lot |
| Max leverage | 500:1 | 2000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CySEC KNF | FCA FSCA CySEC DFSA |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Admirals | Visit HFM |
Admirals vs HFM Forex Broker Pros & Cons
Pros
Extensive range of accounts including Zero, Trade, and Invest
Strong FCA and CySEC regulation covering EU and UK traders
High-quality educational content including live webinars
Zero account offers spreads from 0.5 pips with $6 round-turn commission
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
No minimum deposit required to open an account
Copy trading via HFcopy platform
FCA, CySEC, and FSCA regulation
High leverage up to 2000:1 on offshore entity
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Platform-heavy - MT4 and MT5 only, no proprietary platform
Customer support quality varies by region
Not available to US clients
Inactivity fee applies
Cons
2000:1 leverage is extremely risky for inexperienced traders
No cTrader support
Zero account commission of $6/lot is above some ECN peers
No proprietary platform
Admirals vs HFM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Admirals
criteria wins
1
HFM
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Admirals | HFM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Admirals vs HFM: Frequently Asked Questions
Based on our independent editorial scoring, Admirals ranks higher with a score of 4.3/5 vs 4.1/5 for HFM. The best choice still depends on your individual trading needs; Admirals and HFM may each suit different trader profiles.
HFM offers tighter spreads starting from 0 pips, compared to Admirals's spreads from 0.5 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
HFM has a lower minimum deposit of no minimum required, while Admirals requires at least $100. This makes HFM more accessible for traders with limited starting capital.
Both Admirals and HFM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: HFM has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Admirals offers maximum leverage of 500:1, while HFM offers up to 2000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Both Admirals and HFM charge the same commission of $6 per lot on applicable accounts.
Admirals supports MetaTrader 4, MetaTrader 5 and HFM offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5.
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