HFMvs
SpreadexForex Broker Comparison
In this matchup, HFM and Spreadex compete on trust, costs, and platforms, highlighting different strengths and trade-offs.
Who should choose HFM vs Spreadex?
Find out which broker best suits your trader profile.
Choose if…
Choose HFM if you want MT4/MT5 access and extensive market functionality across desktop, web, and mobile.
Choose if…
Choose HFM if you prefer raw spreads, high leverage up to 2000:1, and regulation across FCA, CySEC, FSCA, and DFSA with segregated client funds. Choose Spreadex if you want TradingView integrated charts and a proprietary platform for order execution. Spreadex also offers UK FCA regulation for spread betting across 10,000+ markets with no minimum deposit, no commission on spread bets, and segregated client funds.
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
HFM vs Spreadex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.5 / 5▲ |
HFM vs Spreadex Forex Broker Pros & Cons
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
HFM vs Spreadex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
HFM
criteria wins
1
Spreadex
criteria win
Highlighted rows show where the two brokers differ
| Criteria | HFM | Spreadex |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
HFM vs Spreadex: Frequently Asked Questions
The scores are close: HFM rates 4.1/5 and Spreadex rates 4/5. HFM 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 Spreadex's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither HFM nor Spreadex requires a minimum deposit, making both accessible regardless of starting capital.
Both HFM and Spreadex 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.
HFM lists maximum leverage of 2000:1, while Spreadex lists up to 30:1. 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 Spreadex are not currently available. Check their website for up-to-date pricing.
HFM supports MetaTrader 5, MetaTrader 4, while Spreadex supports Proprietary Web/Mobile, TradingView. HFM has exclusive access to MetaTrader 5 and MetaTrader 4. Spreadex has exclusive access to Proprietary Web/Mobile and TradingView.
