Skip to main content
Side-by-Side Comparison Independent Updated Mar 9, 2026

Deriv vs HFM 2026: Which Broker is Better?

In the broker comparison between Deriv and HFM, key differences emerge, particularly in their trading platforms and leverage offerings. Deriv appeals to traders interested in unique financial products like multipliers and accumulators, with the added benefit of commission-free trading on most products. Meanwhile, HFM attracts traders seeking high leverage options and diverse account types, although this comes with associated risks. Both brokers offer a low minimum deposit, making them accessible to beginners, but their distinct product offerings cater to different trading strategies and preferences.

Deriv

HFM

VS
DerivHFM
BrokerRank Score4.0/5 ✓3.8/5
Min. Deposit$5$5
Spread from0.5 pips0 pips ✓
Max Leverage1:10001:2000 ✓
RegulationMFSA, Labuan FSA, BVI FSC ✓FCA, CySEC, FSCA
PlatformsMT5, Proprietary Web, Proprietary MobileMT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
DerivHFM
Best for Low Fees
HFMDeriv
Best for Regulation
DerivHFM
Best Overall
DerivHFM
Quick Answer

Deriv 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 below

Deriv vs HFM: Key Differences

Feature

Deriv

HFM

Our Rating
4.0 / 5
3.8 / 5
Min. Deposit
$5
$5
Max Leverage
Spread From
0.5 pips
0 pips
Commission
None
$3/lot
Regulated By
MFSALabuan FSABVI FSCVFSCCIMAFSCCMA
Platforms
MT5, Proprietary Web, Proprietary Mobile
MT4, MT5, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
1999
2010
Headquarters
Limassol, Cyprus
Limassol, Cyprus
Score
2 / 4
2 / 4

Fees Comparison

Fee

Deriv

HFM

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

BrokerRank Verdict

In the "Deriv vs HFM" comparison, Deriv is more suited for beginners due to its very low minimum deposit and commission-free trading on most products, despite its complex proprietary products. Professional traders may prefer HFM for its higher leverage options up to 1:2000 and diverse account types, though caution is advised due to the risks associated with high leverage. On fees, Deriv edges out HFM thanks to its zero commission structure on most offerings, whereas HFM charges a commission and may have wider spreads on standard accounts.

Who Should Choose Which?

Deriv

Deriv

4.0/5

Top pick

Choose Deriv if you want…

  • Higher overall rating (4.0/5)
  • No per-trade commission
  • More regulatory licences (7)
  • More established (est. 1999)
HFM

HFM

3.8/5

Choose HFM if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:2000)
  • 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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#5AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both Deriv & HFM are available in

Frequently Asked Questions

1

Is Deriv better than HFM?

Deriv scores higher overall on our independent rating system. Deriv 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.

2

Which has lower fees, Deriv or HFM?

Deriv offers spreads from 0.5 pips, while HFM starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Deriv vs HFM?

Deriv requires a minimum deposit of $5. HFM requires $5.

4

Which broker is safer, Deriv or HFM?

Deriv is regulated by MFSA, Labuan FSA, BVI FSC, VFSC, CIMA, FSC, CMA, while HFM holds licences from FCA, CySEC, FSCA.

5

What trading platforms do Deriv and HFM support?

Deriv supports MT5, Proprietary Web, Proprietary Mobile. HFM supports MT4, MT5, Proprietary Mobile.

6

Can I use both Deriv 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

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Higher Rated

Deriv

Open Account

Capital at risk · T&Cs apply