AvaTradevs
HFMForex Broker Comparison
AvaTrade and HFM compete on regulation breadth, pricing structures, and platform options. This debate pits strong oversight against raw spreads and copy trading.
Our Verdict
AvaTrade winsby 0.3 pts
With AvaTrade scoring higher overall, AvaTrade edges HFM on regulation breadth and instrument variety. However, HFM offers raw spreads and investor compensation.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1AvaTrade offers a proprietary platform (AvaTradeGo) not provided by HFM.
- 2Raw spreads are available on HFM, not on AvaTrade.
- 3AvaTrade has 1250 instruments versus 1000 for HFM.
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 0.00 pips vs 0.90 pips for AvaTrade, reducing trading costs.
Best for safety & regulation
Recommended
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 |
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)
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
The scores are close: AvaTrade rates 4.4/5 and HFM rates 4.1/5. AvaTrade 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.
HFM starts from 0 pips, tighter than AvaTrade's 0.9 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
HFM has no minimum deposit, 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. Check each broker'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 brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
AvaTrade lists maximum leverage of 400:1, 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.
HFM charges $6 per lot on commission-based accounts. Commission details for AvaTrade are not currently available. Check their website for up-to-date pricing.
AvaTrade supports ZuluTrade, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while HFM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. AvaTrade has exclusive access to ZuluTrade and Proprietary Web/Mobile.
