FxProvs
HFMForex Broker Comparison
Two regulated brokers clash over platform breadth and pricing. The tension centers on multi platform access versus high leverage and copy trading options.
Our Verdict
FxPro winsby 0.2 pts
FxPro edges HFM in editorial score (4.3 vs 4.1), making it the overall winner. FxPro also provides MT4/MT5, cTrader, and a proprietary platform.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FxPro has a proprietary platform while HFM does not.
- 2FxPro lists 2100 instruments versus 1000 for HFM.
- 3HFM offers up to 2000:1 leverage on offshore entity.
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 1.20 pips for FxPro, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
FxPro vs HFM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 4.1 / 5 |
FxPro vs HFM Forex Broker Pros & Cons
Pros
Supports all four major platforms: MT4, MT5, cTrader, and proprietary
Strong FCA and CySEC regulation
No dealing desk execution on raw accounts
Negative balance protection
Client funds held in segregated accounts
Investor compensation scheme coverage
FxPro vs HFM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
FxPro
criteria win
0
HFM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FxPro | 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) | Pass | 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 | 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 |
FxPro vs HFM: Frequently Asked Questions
The scores are close: FxPro rates 4.3/5 and HFM rates 4.1/5. FxPro 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 FxPro's 1.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
HFM has no minimum deposit, while FxPro requires at least $100. This makes HFM more accessible for traders with limited starting capital.
Both FxPro 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.
FxPro 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.
HFM charges $6 per lot, lower than FxPro's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
FxPro supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while HFM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FxPro has exclusive access to cTrader and Proprietary Web/Mobile.
