Higher Rated
AvaTrade
Capital at risk · T&Cs apply
In the comparison between AvaTrade and HFM, traders will find that AvaTrade, established in 2006 and headquartered in Dublin, offers a commission-free trading environment with spreads starting from 0.9 pips and a minimum deposit of $100, making it appealing to beginners and those interested in copy trading. In contrast, HFM, founded in 2010 and based in Limassol, provides a low barrier to entry with a $5 minimum deposit and spreads from 0 pips on commission-based accounts, which may attract more experienced traders seeking high leverage opportunities up to 1:2000. While both brokers offer similar platforms and a wide range of markets, AvaTrade stands out with its robust regulatory oversight across six jurisdictions, whereas HFM caters to traders looking for flexible account types and micro trading options. Each broker has distinct features that cater to varying trader needs, highlighting the importance
AvaTrade
HFM
| AvaTrade | HFM | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.8/5 |
| Min. Deposit | $100 ✓ | $5 |
| Spread from | 0.9 pips | 0 pips ✓ |
| Max Leverage | 1:400 | 1:2000 ✓ |
| Regulation | FCA, ASIC, MAS | FCA, CySEC, FSCA |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
AvaTrade is the better choice overall, scoring 4.0/5 vs 3.8/5 on BrokerRank's independent rating. On fees, HFM offers lower spreads (0 pips).
See full side-by-side comparison belowAvaTrade
WinnerHFM
AvaTrade
HFM
AvaTrade, established in 2006 and headquartered in Dublin, Ireland, is a well-regulated entity with oversight from prominent authorities such as the FCA in the UK, ASIC in Australia, and MAS in Singapore. These regulatory bodies ensure a high standard of safety and transparency, making AvaTrade a reliable choice for traders seeking stringent regulatory oversight. AvaTrade also offers fund protection schemes in the form of segregated accounts and investor compensation schemes in certain jurisdictions.
HFM, founded in 2010 and based in Limassol, Cyprus, is regulated by the FCA, CySEC, and FSCA. While HFM is also under reputable regulatory frameworks, the primary distinction lies in the range of jurisdictions covered. Both brokers offer robust client fund protection measures, including segregated accounts. However, AvaTrade’s broader regulatory reach may provide an additional layer of comfort to traders concerned about safety and compliance.
In terms of spreads and fees, AvaTrade offers spreads starting from 0.9 pips with no commission on most accounts, making it competitive for traders who prefer a commission-free structure. However, AvaTrade does impose an inactivity fee of $50 after three months. The minimum deposit required to open an account is $100, and leverage is available up to 1:400. While this ensures a relatively accessible entry point, the spreads are generally wider compared to pure ECN brokers.
HFM provides spreads starting from 0 pips, but this comes with a commission of $3 per trade. The broker's minimum deposit is remarkably low at just $5, which is ideal for beginners or those with limited capital. HFM offers high leverage up to 1:2000, which can be attractive for high-risk traders, but also poses significant risks for retail clients. Like AvaTrade, HFM charges an inactivity fee, although the specifics are not detailed.
Both AvaTrade and HFM offer the popular MetaTrader 4 and MetaTrader 5 platforms, along with their proprietary mobile applications. AvaTrade's platform suite is enhanced by copy trading capabilities via ZuluTrade and DupliTrade, making it suitable for those interested in social trading. HFM's platforms support a variety of account types, including micro accounts, which might appeal to traders looking for account flexibility. Both brokers provide robust and reliable platforms, catering to different trading styles and preferences.
For beginner traders, HFM offers a more accessible entry with its low minimum deposit and micro accounts. For professional traders, AvaTrade's broader regulatory coverage and educational resources make it a superior choice. In terms of fees, HFM's lower spreads and commission structure may appeal more to cost-conscious traders.
AvaTrade
4.0/5
Choose AvaTrade if you want…
HFM
3.8/5
Choose HFM if you want…
AvaTrade scores higher overall on our independent rating system. AvaTrade holds a 4.0/5 rating vs HFM's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
AvaTrade offers spreads from 0.9 pips, while HFM starts at 0 pips. Check the fees section above for a full breakdown.
AvaTrade requires a minimum deposit of $100. HFM requires $5.
AvaTrade is regulated by FCA, ASIC, MAS, while HFM holds licences from FCA, CySEC, FSCA.
AvaTrade supports MT4, MT5, Proprietary Mobile. HFM supports MT4, MT5, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.