Swissquote
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74-89% of retail CFD accounts lose money.

Vs.

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

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

Updated Jul 12 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

71.24% of retail CFD accounts lose money.

Overview

Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.

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
  • Traditional equity investors looking for a broad range of markets
  • Experienced traders looking to benefit from their amazing research tools
  • 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

4

Other Licenses

1

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
  • FCA (UK)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MFSA (Malta)
  • HKMA (Hong Kong)
  • CySec (Cyprus)
  • FCA (UK)
  • DFSA (United Arab Emirates)
  • FSCA (South Africa)
  • FSA (Seychelles)
  • FSA (St. Vincent and the Grenadines)
  • CMA (Kenya)
The Good
  • Outstanding asset offering with more than 60 exchanges across the world
  • Amazing research and analysis tools for all trader levels
  • Thematic investments with preconfigured product baskets
  • Offers banking services along with debit card
  • 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
  • Their proprietary platform lacks many features and is not user friendly
  • Their commissions are extremely high
  • Overall everything feels complicated to use
  • 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
1996 2010
💳 Minimum Deposit

Varies per account type and selected trading platform. From $0 up to $5,000.

From $5 to $250 (depending on location or account)
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Sofort
  • FasaPay
  • WebMoney
  • BitPay
  • PayRetailers
  • PayRedeem
  • Bank Transfer
💵 Account Base Currencies
21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR 6 - USD, EUR, NGN, JPY, ZAR, THB.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, JP, SY, IR. US, CA, SY, IR.
📊 STP Account
Yes No
📊 DMA Account
Yes No
📊 ECN Account
Yes No
Assets
📚 Available Assets
  • Real stocks, ETFs and options
  • CFDs on currencies, commodities, stocks, indices, ETFs, cryptocurrencies and bonds
  • CFDs on currencies, commodities, indices, ETFs, stocks and bonds.
  • Real stocks and ETFs.
📙 Stocks
60 Stock Exchanges 2,113 Real Stocks / 54 CFDs
📘 Currency Pairs
80+ 53
📗 Commodities
12 CFDs 13
📕 Indices
26 CFDs 11
📔 ETFs
1400 + 34
💸 Cryptocurrencies
12 CFDs N/A
📒 Bonds
54,000 + / 3 CFDs 3
📓 Options
6 Exchanges N/A
📗 Futures
6 Exchanges 14
📝 Notes:
N/A

HF Markets provides both CFDs and real equities.

Trading Experience
📈 Minimum Stock Trade Size
From $50 $5 (Fractional Share Trading
📉 Minimum ETFs Trade Size
From $50 $5 (Fractional ETF Trading)
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) N/A
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
From $50 $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
From $50 $1,000 (0.01 Lots)
📈 Minimum Futures Trade Size
From $50 $1,000 (0.01 Lots)
📉 Minimum Options Trade Size
From $50 N/A
💪 Retail Leverage
Up to 1:30 Up to 1:1000 (Non EU)
💪 Professional Leverage
Up to 1:500 Up to 1:500 (EU Only)
✍ Customisable Leverage
No 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
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
Yes No
📊 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
No Yes, $5 monthly after 6 months of inactivity.
💰 Deposit Fees
No No
💰 Withdrawal Fees
$10 per withdrawal No
💰 Commissions

For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.

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
From 0 Pips to 1.3 Pips Dynamic - From 0 Pips to 1.3 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - From 41 Pips
📈 GOLD
N/A Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
N/A Dynamic - From $0.33
📈 XLK (ETF - CFD)
Dynamic - Market Spread N/A
📉 BTC
N/A N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
Yes No

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