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Side-by-Side Comparison Independent Updated Oct 23, 2026

Bajaj Broking vs HFM 2026: Which Broker is Better?

Compare Bajaj Broking and HFM side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Bajaj Broking

HFM

Higher ratedHFM logo

HFM

3.8/ 5
Visit HFM →Full review
VS
Bajaj BrokingHFM
BrokerRank Score2.9/53.8/5 ✓
Min. Deposit$0 ✓$5
Spread from0 pips0 pips
Max Leverage1:51:2000 ✓
RegulationSEBIFCA, CySEC, FSCA ✓
PlatformsProprietary Web, Proprietary MobileMT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Bajaj BrokingHFM
Best for Low Fees
Bajaj BrokingHFM
Best for Regulation
HFMBajaj Broking
Best Overall
HFMBajaj Broking
Quick Answer

HFM is the better choice overall, scoring 3.8/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Bajaj Broking offers lower spreads (0 pips).

See full side-by-side comparison below

Bajaj Broking vs HFM: Key Differences

Feature

Bajaj Broking

HFM

Our Rating
2.9 / 5
3.8 / 5
Min. Deposit
$0
$5
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$3/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
MT4, MT5, Proprietary Mobile
Markets
Stocks, Etf, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2023
2010
Headquarters
Pune, India
Limassol, Cyprus
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Bajaj Broking

Lower fees

HFM

Spread From
0 pips
0 pips
Commission
None
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Bajaj Broking scores 2.89/5 while HFM scores 3.78/5 in our independent rating.

HFM edges ahead overall, but Bajaj Broking may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Bajaj Broking

Bajaj Broking

2.9/5

Choose Bajaj Broking if you want…

  • No per-trade commission
  • No minimum deposit
HFM

HFM

3.8/5

Top pick

Choose HFM if you want…

  • Higher overall rating (3.8/5)
  • Higher leverage (up to 1:2000)
  • More regulatory licences (3)
  • More market types (6)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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FCA
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4.1
FCA
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4.0
MAS
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Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both Bajaj Broking & HFM are available in

Frequently Asked Questions

1

Is Bajaj Broking better than HFM?

HFM scores higher overall on our independent rating system. Bajaj Broking holds a 2.9/5 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.

2

Which has lower fees, Bajaj Broking or HFM?

Bajaj Broking offers spreads from 0 pips, while HFM starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Bajaj Broking vs HFM?

Bajaj Broking requires a minimum deposit of $0. HFM requires $5.

4

Which broker is safer, Bajaj Broking or HFM?

Bajaj Broking is regulated by SEBI, while HFM holds licences from FCA, CySEC, FSCA.

5

What trading platforms do Bajaj Broking and HFM support?

Bajaj Broking supports Proprietary Web, Proprietary Mobile. HFM supports MT4, MT5, Proprietary Mobile.

6

Can I use both Bajaj Broking and HFM?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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