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


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Overview
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.	Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies.
Best For
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	Inexperienced cryptocurrency investors Long term cryptocurrency holders Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 5 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FCA (UK) DFSA (United Arab Emirates) FSCA (South Africa) FSA (Seychelles) FSA (St. Vincent and the Grenadines) CMA (Kenya)	None
The Good
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	Extremely simple and friendly interfaces Moderate variety of cryptocurrencies Independent wallet application Option to choose from standard Coinbase or Coinbase Pro Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies
The Bad
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	Extremely high fees for cryptocurrency transactions (especially on standard app) Low variety of cryptocurrencies to trade when compared to leading exchanges
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
2010	2012
💳 Minimum Deposit Range
0	0
💰 Payment Methods
Visa Mastercard Neteller Skrill Sofort FasaPay WebMoney BitPay PayRetailers PayRedeem Bank Transfer	Visa Mastercard Bank Transfers Paypal
💵 Account Base Currencies
6 - USD, EUR, NGN, JPY, ZAR, THB.	All supported cryptocurrencies.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, CA, SY, IR.	None
📊 STP Account
No	No
📊 DMA Account
No	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	Yes
Assets
📚 Assets Type
Hybrid	Equities
Total Asset Offering
2,295	110
Exchange Access
0	0
📙 Real Stocks
2,113	0
📙 Stock CFDs
54	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
53	0
📗 Commodities
0	0
📗 Commodities CFDs
13	0
📕 Indices
0	0
📕 Indices CFDs
11	0
📔 ETFs
0	0
📔 ETFs CFDs
34	0
💸 Cryptocurrencies
0	110
💸 Cryptocurrency CFDs
0	0
📒 Bonds
0	0
📒 Bonds CFDs
3	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
14	0
Trading Experience
📈 Minimum Stock Trade Size
$5 - Fractions Allowed	Unavailable
📉 Minimum ETFs Trade Size
$5 - Fractions Allowed	Unavailable
📈 Minimum Crypto Trade Size
Unavailable	$2
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	Unavailable
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	Unavailable
📉 Minimum Bonds Trade Size
$1,000 (0.01 Lots)	Unavailable
📈 Minimum Futures Trade Size
$1,000 (0.01 Lots)	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
2000	Unavailable
💪 Professional Leverage
Unavailable	Unavailable
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	No
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
Yes, $5 monthly after 6 months of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
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	From 0.50% up to 2.0% of transaction value.
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips	Unavailable
📉 SP500
Dynamic - From 41 Pips	Unavailable
📈 GOLD
Dynamic - From 25 Pips	Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $0.33	Unavailable
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Unavailable	Dynamic - From 0.50% up to 2.0%
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
No	No
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
Yes	No