FP Markets
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74.34% of retail CFD accounts lose money.

Vs.

HF Markets (HFM)
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71.24% of retail CFD accounts lose money.

FP Markets Vs. HF Markets (HFM) - Compare and Choose the Right One

Updated Dec 22 2022

Visit

74.34% of retail CFD accounts lose money.

Visit

71.24% of retail CFD accounts lose money.

Overview

FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.

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
  • Professional traders looking for DMA pricing on their stocks
  • Professional traders looking to set up a dedicated VPS
  • High volume share traders that benefit from DMA pricing
  • 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

1

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)
  • CySec (Cyprus)
  • FSA (St. Vincent and the Grenadines)
  • CySec (Cyprus)
  • FCA (UK)
  • DFSA (United Arab Emirates)
  • FSCA (South Africa)
  • FSA (Seychelles)
  • FSA (St. Vincent and the Grenadines)
  • CMA (Kenya)
The Good
  • Competitive spreads From 0 pips
  • MT4 and MT5 offered
  • Over 10,000 + shares
  • 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
  • No ETFs are offered
  • Stock trading commissions are expensive when compared to similar brokers
  • Website is slow and confusing
  • Fees for the majority of deposit and withdrawal methods
  • 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
2005 2010
💳 Minimum Deposit Range
$100 From $5 to $250
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • FasaPay
  • PayTrust
  • China Union Pay
  • Bpay
  • Broker to broker
  • Sticpay
  • Plusdebit
  • Rupee Payments
  • Dragonpay
  • Perfect Money
  • Paylivre
  • Rapyd
  • Finrax
  • Fairpay
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Sofort
  • FasaPay
  • WebMoney
  • BitPay
  • PayRetailers
  • PayRedeem
  • Bank Transfer
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 6 - USD, EUR, NGN, JPY, ZAR, THB.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, BE, NZ, SY.

US, CA, SY, IR.

📊 STP Account
Yes No
📊 DMA Account
Yes No
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
10,403 2,295
Exchange Access
0 0
📙 Real Stocks
0 2,113
📙 Stock CFDs
10,000 54
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
63 53
📗 Commodities
0 0
📗 Commodities CFDs
15 13
📕 Indices
0 0
📕 Indices CFDs
17 11
📔 ETFs
0 0
📔 ETFs CFDs
295 34
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
11 0
📒 Bonds
0 0
📒 Bonds CFDs
2 3
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 14
Trading Experience
📈 Minimum Stock Trade Size
Variable $5 - Fractions Allowed
📉 Minimum ETFs Trade Size
Unavailable $5 - Fractions Allowed
📈 Minimum Crypto Trade Size
Unavailable Unavailable
📉 Minimum FX Trade Size
$1,000 - (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable $1,000 (0.01 Lots)
📈 Minimum Futures Trade Size
Unavailable $1,000 (0.01 Lots)
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 1000
💪 Professional Leverage
500 500
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
Yes 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 No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
Yes Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
None

Yes, $5 monthly after 6 months of inactivity.

💰 Deposit Fees

Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.

None
💰 Withdrawal Fees
None None
💰 Commissions
  • No commission on their Standard Account
  • $3 per side (lot) commission on their RAW Account

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 to 1.2 Pips Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 40 to 60 Pips Dynamic - From 41 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $0.33
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Dynamic - From $9 to $21 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
Yes No
📡 Account Management
Yes No
📡 Webinars
Yes Yes