AvaTrade Vs. HF Markets (HFM) - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 71% of retail CFD accounts lose money.	Visit 71.24% of retail CFD accounts lose money.
Overview
AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.	HF Markets (HFM) is a global broker founded in 2010 under the brand name HotForex that specialises in CFDs trading on currencies, commodities, indices, stocks, ETFs, bonds and futures. Recently they added to their portfolio commission-free real stocks and ETFs.
Best For
New traders looking for a more advanced forex and options platform Experienced traders looking to take advantage of their fixed spreads Experienced traders looking to trade FX options	Low volume traders looking for a low minimum deposit, low trade size and competitive spreads High volume traders looking for a competitive commission-driven environment through their zero spread account Traders looking to copy or provide knowledge via their HFCopy account
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 6 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 5 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FFAJ (Japan) CBI (Ireland) IIROC (Canada) CySec (Cyprus) FSCA (South Africa) ADGM (United Arab Emirates) ISA (Israel)	CySec (Cyprus) FCA (UK) DFSA (United Arab Emirates) FSCA (South Africa) FSA (Seychelles) FSA (St. Vincent and the Grenadines) CMA (Kenya)
The Good
AvaProtect feature for negative trades payback Great variety of platforms (proprietary ones, MT4 & MT5) Smooth platform experiences and easy account management Custom Options trading platform	Well-structured account offering with options for all types of traders Competitive commissions on their Zero Spread and PAMM accounts Copy trading via MT4 / 5 offered through their HF Copy account
The Bad
Lack of variety in stocks, ETFs and bonds Expensive inactivity fees No multi-chart tools High trade minimums in all assets except forex	Platform offering is limited to MetaTrader 4 and 5 Asset offering in CFDs is below industry standards with 1,200 CFDs Their proprietary mobile app does not offer trading capabilities
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2006	2010
💳 Minimum Deposit Range
$100	0
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Visa Mastercard Neteller Skrill Sofort FasaPay WebMoney BitPay PayRetailers PayRedeem Bank Transfer
💵 Account Base Currencies
4 - USD, GBP, EUR, CHF.	6 - USD, EUR, NGN, JPY, ZAR, THB.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, BE, IR.	US, CA, SY, IR.
📊 STP Account
No	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
863	2,295
Exchange Access
0	0
📙 Real Stocks
0	2,113
📙 Stock CFDs
626	54
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
55	53
📗 Commodities
0	0
📗 Commodities CFDs
27	13
📕 Indices
0	0
📕 Indices CFDs
33	11
📔 ETFs
0	0
📔 ETFs CFDs
59	34
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
17	0
📒 Bonds
0	0
📒 Bonds CFDs
2	3
📓 Options
0	0
📓 Options CFDs
44	0
📗 Futures
0	0
📗 Futures CFDs
0	14
Trading Experience
📈 Minimum Stock Trade Size
Variable - From 1 to 100 units	$5 - Fractions Allowed
📉 Minimum ETFs Trade Size
Variable - From 1 to 100 units	$5 - Fractions Allowed
📈 Minimum Crypto Trade Size
Variable (eg: BTC 0.01, ETH 0.1)	Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Variable (eg: 1 ounce of gold)	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
10 units	$1,000 (0.01 Lots)
📈 Minimum Futures Trade Size
Unavailable	$1,000 (0.01 Lots)
📉 Minimum Options Trade Size
10,000 FX Option contracts	Unavailable
💪 Retail Leverage
30	2000
💪 Professional Leverage
500	Unavailable
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
$50 per quarter after 3 months of inactivity.	Yes, $5 monthly after 6 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	Yes depending on account type: Micro accounts have no commissions. Premium accounts have no commissions Zero Spread accounts have a minimum commission that varies between $3 to $4 per lot traded PAMM (Premium) accounts have no commission PAMM (Premium Plus) accounts have a commission of $8 per lot round turn HFCopy accounts have no commissions
Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 50 Pips	Dynamic - From 41 Pips
📈 GOLD
Dynamic - From 34 Pips	Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.92	Dynamic - From $0.33
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $137.31	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	Yes