Two brokers clash over regulation, pricing, and platform options. The comparison weighs ultra-low ECN commissions against greater instrument variety and richer feature sets.
Fusion Markets and HFM are closely matched; the clearest differentiator is instrument variety (250 vs 1000).
Find out which broker best suits your trader profile.
Choose Fusion Markets if…
Choose Fusion Markets if you want ultra-low commissions and zero minimum deposit.
Choose HFM if…
Choose HFM if you want HFcopy copy trading and high leverage up to 2000:1 on offshore entity.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 4.2/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 4.1 / 5 |
Pros
Among the lowest ECN commissions globally at $4.50/lot round-turn
No minimum deposit and no inactivity fee
Supports MT4, MT5, and cTrader
ASIC regulated with strong Australian broker infrastructure
ETF CFDs available at the same ultra-low commission rate
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Fusion Markets | 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 | 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 | Fail | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
The scores are close: Fusion Markets rates 4.2/5 and HFM rates 4.1/5. Fusion Markets 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 Fusion Markets and HFM start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Neither Fusion Markets nor HFM requires a minimum deposit, making both accessible regardless of starting capital.
Both Fusion Markets 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Fusion Markets lists maximum leverage of 500:1, 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.
Fusion Markets charges $4.5 per lot, lower than HFM's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4, while HFM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Fusion Markets has exclusive access to cTrader.
HFM wins safety and regulation with FCA, CySEC, FSCA, and DFSA oversight.
HFM wins for active traders thanks to advanced charting and high leverage options.
Fusion Markets is better suited for scalpers: lower commission ($4.5/lot).
Fusion Markets wins platform choice with MT4, MT5, and cTrader availability.
HFM wins for beginners due to multilingual support and 24/5 live chat.
HFM offers more instruments (1000 vs 250) than Fusion Markets.
Fees & Spreads 30% weight | 4.5 / 5▲ | 4.1 / 5 |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.0 / 5▲ |
|---|
| Founded | 2017 | 2010 |
|---|
| Headquarters | Melbourne, Australia | Limassol, Cyprus |
|---|
| Min Deposit | No minimum | No minimum |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $4.5/lot▼ lower | $6/lot |
|---|
| 0.45 pips▼ lower | 0.6 pips |
| Max Leverage | 500:1▲ higher | 2,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | Bank transferCredit cardDebit cardSkrillNetellerFasaPay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPayPal | Bank transferCredit cardSkrillNetellerFasaPay |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC VFSC | FSCA DFSA FCA CySEC |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Raw spread account available
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
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
Smaller, newer broker (est. 2017) with limited global brand recognition
Limited research and educational content
VFSC license used for non-AU clients offers fewer protections
No investor compensation scheme
No proprietary platform
Limited charting capabilities
No 24/5 live chat
No phone support
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
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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