Alpari Internationalvs
HFMForex Broker Comparison
This matchup pits two long-standing brokers on regulation, costs, and platform access. The tension lies in how protection and pricing align with trader needs.
Our Verdict
HFM winsby 0.2 pts
Alpari International and HFM are closely matched overall. The clearest differentiator is regulatory protection, with HFM supported by FCA, CySEC, FSCA and an investor compensation scheme, while Alpari relies on an FSC Mauritius licence.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Regulatory reach: HFM has FCA/CySEC/FSCA; Alpari relies on Mauritius FSC.
- 2Investor compensation: HFM provides compensation; Alpari does not.
- 3Instruments offered: HFM lists 1000; Alpari lists 250.
Who should choose Alpari International vs HFM?
Find out which broker best suits your trader profile.
Choose Alpari International if…
Choose Alpari International if you want a low $5 minimum deposit and ECN accounts with a $6/lot commission.
Choose HFM if…
Choose HFM if you want no minimum deposit and FCA/CySEC/FSCA regulation with investor compensation.
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
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
Recommended
Alpari International vs HFM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.7 / 5 | 4.1 / 5▲ |
Alpari International vs HFM Forex Broker Pros & Cons
Pros
26-year brand history in retail forex
Mature PAMM investor platform, one of the originals
ECN accounts with $6 per-lot commission competitive with top ECN desks
Wide geographic reach across CIS, MENA, and Africa
Client funds held in segregated accounts
Alpari International vs HFM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Alpari International
criteria wins
4
HFM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Alpari International | HFM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Alpari International vs HFM: Frequently Asked Questions
The scores are close: Alpari International rates 3.9/5 and HFM rates 4.1/5. HFM 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 Alpari International and HFM start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
HFM has no minimum deposit, while Alpari International requires at least $5. This makes HFM more accessible for traders with limited starting capital.
HFM holds top-tier regulation (FCA, FSCA, DFSA), providing stronger investor protections. Alpari International 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.
HFM stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
Alpari International lists maximum leverage of 1000:1, while HFM lists up to 2000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Both Alpari International and HFM charge the same commission of $6 per lot on applicable accounts.
Alpari International supports MetaTrader 5, MetaTrader 4, while HFM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4.
