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

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.

BDSwiss is a global broker headquartered in Switzerland that holds multiple financial licenses and offers access to over 250 financial instruments through 4 account types according to each trader's needs.

• 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

• Beginners looking to learn the basics using the "Cent" account
• Intermediate traders looking for quality fundamental analysis

• CySec (Cyprus)
• FCA (UK)
• DFSA (United Arab Emirates)
• FSCA (South Africa)
• FSA (Seychelles)
• FSA (St. Vincent and the Grenadines)
• CMA (Kenya)

• CySec (Cyprus)
• NFA (United States)
• FSC (Mauritius)

• 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

• Excellent educational library with analysis published on the daily basis
• Suitable for traders who are willing to invest time in learning fundamental analysis.

• 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

• Higher spreads and limited functionality for small accounts
• Needs $1000 deposit to have access to a personal account manager, or $5,000 for the advantageous Raw account.

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• 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.

• Visa
• Mastercard
• Neteller
• Skrill
• Sofort
• FasaPay
• WebMoney
• BitPay
• PayRetailers
• PayRedeem
• Bank Transfer

• Visa
• Mastercard
• Bank Transfer
• Neteller
• Skrill
• Sofort
• iDeal

US, CA, SY, IR.

BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US.

Yes, $5 monthly after 6 months of inactivity.

10% of account balance after 90 days of inactivity (minimum at €25, maximum at €49.90).

€10 flat fee for bank wire withdrawals equal to or less than €100.

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

Yes depending on account type (Eg: Raw accounts have a $5 per lot round turn commission while other pay spreads).