HFMvs
SwissquoteForex Broker Comparison
HFM and Swissquote face off on regulation, costs, and platform options. The matchup hinges on pricing transparency and tool access.
Our Verdict
Swissquote winsby 0.1 pts
HFM and Swissquote are closely matched; instrument breadth is the clearest differentiator, with HFM offering more instruments.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1HFM offers 24/5 live chat; Swissquote does not.
- 2HFM has no inactivity fee; Swissquote charges one.
- 3HFM offers 1000 instruments; Swissquote offers 400.
Who should choose HFM vs Swissquote?
Find out which broker best suits your trader profile.
Choose HFM if…
Choose HFM if you want zero minimum deposit and 24/5 live chat support.
Choose Swissquote if…
Choose Swissquote if you value FINMA regulation and a proprietary trading platform.
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 1.70 pips for Swissquote, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
HFM vs Swissquote: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.5 / 5▲ |
HFM vs Swissquote 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 Swissquote: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
HFM
criteria wins
1
Swissquote
criteria win
Highlighted rows show where the two brokers differ
| Criteria | HFM | Swissquote |
|---|---|---|
| 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 | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| 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 | Pass |
HFM vs Swissquote: Frequently Asked Questions
The scores are close: HFM rates 4.1/5 and Swissquote rates 4.2/5. Swissquote 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 Swissquote's 1.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
HFM has no minimum deposit, while Swissquote requires at least $1120. This makes HFM more accessible for traders with limited starting capital.
Both HFM and Swissquote 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.
HFM lists maximum leverage of 2000:1, while Swissquote lists up to 100:1. 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 Swissquote are not currently available. Check their website for up-to-date pricing.
HFM supports MetaTrader 5, MetaTrader 4, while Swissquote supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Swissquote has exclusive access to Proprietary Web/Mobile.
