AvaTrade vs HFM Forex Broker Comparison
A head-to-head comparison of AvaTrade and HFM across regulation, trading costs, platforms, and editorial scoring.
Heavily regulated across 6+ jurisdictions with a unique AvaOptions platform for vanilla options trading and strong educational content.
VS
Our Verdict
AvaTrade winsby 0.3 pts
AvaTrade edges ahead with a score of 4.4/5 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 0.9 pips for AvaTrade, reducing trading costs.
Best for safety & regulation
Recommended
HFM has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
Recommended
HFM has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
Best for platform choice
Recommended
AvaTrade offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
AvaTrade edges out HFM with a higher editorial score (4.4/5 vs 4.1/5), indicating a stronger overall experience for new traders.
AvaTrade vs HFM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.4/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 4.1 / 5 |
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.1 / 5 |
Platforms & Tools 20% weight | 4.3 / 5▲ | 4.0 / 5 |
Customer Support 10% weight | 4.4 / 5▲ | 4.0 / 5 |
| Founded | 2006 | 2010 |
| Headquarters | Dublin, Ireland | Limassol, Cyprus |
| Min deposit | $100 | No minimum |
| Spreads from | 0.9 pips | 0 pips |
| Commission / lot | N/A | $6/lot |
| Max leverage | 400:1 | 2000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA ASIC ADGM CBI MFSA | FCA FSCA CySEC DFSA |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit AvaTrade | Visit HFM |
AvaTrade vs HFM Forex Broker Pros & Cons
Pros
Heavily regulated across 6+ jurisdictions
AvaOptions platform for vanilla options trading
Strong educational content and structured courses
Multiple platforms including MT4, MT5 and proprietary AvaTradeGo
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
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
Inactivity fee of $50 after 3 months of no trading
Not available to US residents
Spread-only model means no raw ECN pricing
No investor compensation scheme
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
AvaTrade vs HFM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
AvaTrade
criteria win
3
HFM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AvaTrade | 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) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | 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 | Pass | 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 |
AvaTrade vs HFM: Frequently Asked Questions
Based on our independent editorial scoring, AvaTrade ranks higher with a score of 4.4/5 vs 4.1/5 for HFM. The best choice still depends on your individual trading needs; AvaTrade and HFM may each suit different trader profiles.
HFM offers tighter spreads starting from 0 pips, compared to AvaTrade's spreads from 0.9 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 AvaTrade requires at least $100. This makes HFM more accessible for traders with limited starting capital.
Both AvaTrade 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.
AvaTrade offers maximum leverage of 400:1, 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.
HFM charges $6 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
AvaTrade supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and HFM offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; AvaTrade exclusively offers Proprietary Web/Mobile.
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