A head-to-head comparison of Dupoin and HFM across regulation, trading costs, platforms, and editorial scoring.
A newer locally-incorporated Indonesian broker completing the dual BAPPEBTI and OJK registration standard, offering compliant domestic forex access.
HFM edges ahead with a score of 4.1/5 vs Dupoin's 3.6/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
HFM offers tighter spreads from 0 pips vs 1.5 pips for Dupoin, reducing trading costs.
HFM has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
HFM edges out Dupoin with a higher editorial score (4.1/5 vs 3.6/5), indicating a stronger overall experience for new traders.
| Editorial score | 3.6/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.6 / 5 | 4.1 / 5▲ |
Fees & Spreads 30% weight | 3.5 / 5 | 4.1 / 5▲ |
Platforms & Tools 20% weight | 3.6 / 5 | 4.0 / 5▲ |
Customer Support 10% weight | 3.5 / 5 | 4.0 / 5▲ |
| Founded | 2020 | 2010 |
| Headquarters | Jakarta, Indonesia | Limassol, Cyprus |
| Min deposit | $30 | No minimum |
| Spreads from | 1.5 pips | 0 pips |
| Commission / lot | N/A | $6/lot |
| Max leverage | 100:1 | 2000:1 |
| Withdrawal fee | Free | Free |
| Regulators | BAPPEBTI OJK | FCA FSCA CySEC DFSA |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Dupoin | Visit HFM |
Pros
BAPPEBTI-licensed and OJK-registered - full Indonesian regulatory compliance
OJK registration no. 2025020000000412 is publicly verifiable
Offers both MetaTrader 4 and MetaTrader 5
Local Indonesian bank transfer funding with IDR accounts
Client funds held in segregated accounts
Raw spread account available
No deposit fees
No inactivity fee
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
Only available to Indonesian residents - no international clients
Shorter operating history than established domestic peers
Narrow product range limited to forex and commodity futures
Leverage capped at 100:1 under BAPPEBTI rules
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Support available in limited languages
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Dupoin | 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 | Fail | Pass |
Based on our independent editorial scoring, HFM ranks higher with a score of 4.1/5 vs 3.6/5 for Dupoin. The best choice still depends on your individual trading needs; Dupoin and HFM may each suit different trader profiles.
HFM offers tighter spreads starting from 0 pips, compared to Dupoin's spreads from 1.5 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 Dupoin requires at least $30. This makes HFM more accessible for traders with limited starting capital.
HFM holds top-tier regulation (FCA, FSCA, CySEC), providing stronger investor protections. Dupoin may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: HFM has a lower minimum deposit (no minimum), lowering the barrier to entry; HFM offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
Dupoin offers maximum leverage of 100:1, 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.
Dupoin supports MetaTrader 4, MetaTrader 5 and HFM offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5.
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Score 3.6 / 5
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