Side-by-Side Comparison Independent Updated Sep 9, 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
VS
| Bajaj Broking | HFM | |
|---|---|---|
| BrokerRank Score | 2.9/5 | 3.8/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:2000 ✓ |
| Regulation | SEBI | FCA, CySEC, FSCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, 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 belowBajaj Broking vs HFM: Key Differences
Feature
Bajaj Broking
HFM
Our Rating
2.9 / 5
3.8 / 5
Min. Deposit
$0
$5
Spread From
0 pips
0 pips
Commission
None
$3/lot
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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Find my matchFees Comparison
Fee
Bajaj Broking
Lower feesHFM
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
2.9/5
Choose Bajaj Broking if you want…
- No per-trade commission
- No minimum deposit
HFM
3.8/5
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
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.
Both Bajaj Broking & HFM are available in
Frequently Asked Questions
1Is 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.
2Which 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.
3What is the minimum deposit for Bajaj Broking vs HFM?
Bajaj Broking requires a minimum deposit of $0. HFM requires $5.
4Which broker is safer, Bajaj Broking or HFM?
Bajaj Broking is regulated by SEBI, while HFM holds licences from FCA, CySEC, FSCA.
5What trading platforms do Bajaj Broking and HFM support?
Bajaj Broking supports Proprietary Web, Proprietary Mobile. HFM supports MT4, MT5, Proprietary Mobile.
6Can 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.
Key Trading Terms
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BrokerRank Research
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
HFM
Capital at risk · T&Cs apply