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In this post we have grouped the best alternatives to HFM.

This list includes both similar brokers and brokers that offer services which HFM does not.

What are the best alternative brokers and platforms to HFM?

The best alternatives to HFM include similar brokers that are listed below:

  1. XM
  2. eToro
  3. Pepperstone
  4. Admirals
  5. IC Markets
  6. IG Markets
  7. XTB
Open Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Platforms: MetaTrader 4, MetaTrader 5
Regulations: DFSA, CMA, FSCA, FSC
Minimum deposit: US$5
Open Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Platforms: Proprietary platform
Regulations: ASIC, SEC, CFTC, FCA, FSA, EDR
Minimum deposit: US$50
Open Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary platform
Regulations: ASIC, FCA, DFSA, CMA, SCB, EDR
Minimum deposit: US$0
Open Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Platforms: MetaTrader 4, MetaTrader 5
Regulations: FCA, CIRO, CMA, FSCA, JSC, FSA
Minimum deposit: US$100
Open Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, Mirror Trader
Regulations: ASIC, SCB, FSA, EDR
Minimum deposit: US$200
Open Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Platforms: MetaTrader 4, TradingView, Proprietary platform
Regulations: ASIC, FCA, JFSA, BMA, EDR
Minimum deposit: US$0
Open Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Platforms: Proprietary platform
Regulations: FCA, DFSA, FSC
Minimum deposit: US$0
Open Account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary platform
Regulations: FCA, SCB, FSA, FSC
Minimum deposit: US$0

What is the most similar broker to HFM?

The most similar broker to HFM is XM.

XFM and XM stand out for their strong regulatory compliance, and the minimum deposit requirement of below $10.

However,  they also cater to experienced traders through accounts that necessitate higher minimum deposits.

Additionally, both HFM and XM, where applicable, provide their clients with promotional bonuses.

These two brokers also offer a broad spectrum of account types, featuring similar trading conditions that cater to various trading strategies and preferences.

For a deeper understanding of both brokers, read our HFM review and our XM review.

What are the best alternatives to HFM by category?

You can find other brokers similar to HFM according to a specific feature.

Some specific features of HFM and the corresponding ranking of the best brokers according to that feature are listed below:

Which similar brokers provide the services missing from HFM?

HFM does not provide some services or does not have some characteristics that other brokers have.

The features that HFM does not have and rankings of the best brokers that have that feature are listed below:

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