FxPro
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74.46% of retail CFD accounts lose money.

Vs.

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

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

Updated Oct 20 2022

Visit

74.46% of retail CFD accounts lose money.

Visit

71.24% of retail CFD accounts lose money.

Overview

FxPro is a regulated global brokerage firm offering a vast array of tradable instruments including CFDs on FX, Stocks, Crypto, Commodities, Indices, Energies and Futures.

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
  • Experienced traders looking for platform and accounts variety
  • FX Traders looking for deep liquidity and fast execution under 14 ms
  • 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

3

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
  • CySec (Cyprus)
  • ASIC (Australia)
  • SCB (Bahamas)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FCA (UK)
  • DFSA (United Arab Emirates)
  • FSCA (South Africa)
  • FSA (Seychelles)
  • FSA (St. Vincent and the Grenadines)
  • CMA (Kenya)
The Good
  • Moderate asset offering (around 2,500+ instruments)
  • Great plafform variety (FxPro Edge CFD, MetaTrader 4 & 5, cTrader)
  • 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 real stocks or ETFs
  • Proprietary platform is not user friendly
  • 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
  • Neteller
  • Skrill
  • Paypal
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Sofort
  • FasaPay
  • WebMoney
  • BitPay
  • PayRetailers
  • PayRedeem
  • Bank Transfer
💵 Account Base Currencies
8 - EUR, GBP, USD, CHF, PLN, AUD, JPY, ZAR. 6 - USD, EUR, NGN, JPY, ZAR, THB.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, IR.

US, CA, SY, IR.

📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
2,261 2,295
Exchange Access
0 0
📙 Real Stocks
0 2,113
📙 Stock CFDs
2,100 54
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
70 53
📗 Commodities
0 0
📗 Commodities CFDs
11 13
📕 Indices
0 0
📕 Indices CFDs
29 11
📔 ETFs
0 0
📔 ETFs CFDs
0 34
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
30 0
📒 Bonds
0 0
📒 Bonds CFDs
0 3
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
21 14
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots) $5 - Fractions Allowed
📉 Minimum ETFs Trade Size
Unavailable $5 - Fractions Allowed
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable $1,000 (0.01 Lots)
📈 Minimum Futures Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📉 Minimum Options Trade Size
Unavailable 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
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

$15 after 12 months of inactivity plus $5 monthly thereafter.

Yes, $5 monthly after 6 months of inactivity.

💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

No commissions on MT4 & 5 ($45 per $1million USD traded on cTrader.

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 1.2 Pips Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - From 41 Pips
📈 GOLD
Dynamic - From 24 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - From $2.82 Dynamic - From $0.33
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Dynamic - From $88 Unavailable
Research and Analysis
⭐ Watchlists
No Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
No No
📡 Video Tutorials
No No
📡 Account Management
Yes No
📡 Webinars
No Yes