E*TRADE
HFM
VS
Higher Rated
HFM
Capital at risk · T&Cs apply
In this comparison of E*TRADE and HFM, we explore the distinguishing features and trader suitability of each broker. E*TRADE, with its strong focus on zero-commission stock and ETF trading, appeals primarily to US-based investors seeking a robust options trading platform and comprehensive educational resources. HFM, on the other hand, caters to a global audience with its broad market access, including forex and CFDs, and offers high leverage, which is particularly attractive to experienced traders looking for diverse trading opportunities. The key difference lies in E*TRADE's concentration on US stocks and ETFs versus HFM's expansive international offerings and higher leverage capabilities.
E*TRADE
HFM
| E*TRADE | HFM | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.8/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:4 | 1:2000 ✓ |
| Regulation | SEC, CFTC | FCA, CySEC, FSCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
HFM is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, E*TRADE offers lower spreads (0 pips).
See full side-by-side comparison belowE*TRADE
WinnerHFM
E*TRADE
Lower feesHFM
E*TRADE
3.6/5
Choose E*TRADE if you want…
HFM
3.8/5
Choose HFM if you want…
HFM scores higher overall on our independent rating system. E*TRADE holds a 3.6/5 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.
E*TRADE offers spreads from 0 pips, while HFM starts at 0 pips. Check the fees section above for a full breakdown.
E*TRADE requires a minimum deposit of $0. HFM requires $5.
E*TRADE is regulated by SEC, CFTC, while HFM holds licences from FCA, CySEC, FSCA.
E*TRADE supports Proprietary Web, 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.