FP Markets vs HFM 2026: Which Broker is Better?
FP Markets and HFM are two prominent brokers offering a range of trading services, yet they cater to different types of traders due to key distinctions in their offerings. FP Markets, with its regulation by ASIC and competitive spreads from 0.0 pips on Raw accounts, appeals primarily to experienced traders who value tight spreads and robust trading platforms like TradingView. In contrast, HFM, with its very low minimum deposit of $5 and high leverage up to 1:2000, is more suited to beginner traders or those with limited capital who are attracted to accessible entry points and diverse account options. While both brokers offer a comprehensive suite of trading instruments, their regulatory environments and account features are pivotal in guiding trader preferences.
FP Markets
HFM
| FP Markets | HFM | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.8/5 |
| Min. Deposit | $100 ✓ | $5 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:2000 ✓ |
| Regulation | ASIC, CySEC | FCA, CySEC, FSCA ✓ |
| Platforms | MT4, MT5, TradingView | MT4, MT5, Proprietary Mobile |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.8/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets vs HFM: Key Differences
FP Markets
HFM
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Fees Comparison
FP Markets
HFM
BrokerRank Verdict
Who Should Choose Which?
FP Markets
3.8/5
Choose FP Markets if you want…
- Higher overall rating (3.8/5)
- More established (est. 2005)
- More platforms (4 supported)
HFM
3.8/5
Choose HFM if you want…
- Lower minimum deposit ($5)
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
Also consider
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Both FP Markets & HFM are available in
Frequently Asked Questions
1Is FP Markets better than HFM?
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 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, FP Markets or HFM?
FP Markets 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 FP Markets vs HFM?
FP Markets requires a minimum deposit of $100. HFM requires $5.
4Which broker is safer, FP Markets or HFM?
FP Markets is regulated by ASIC, CySEC, while HFM holds licences from FCA, CySEC, FSCA.
5What trading platforms do FP Markets and HFM support?
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. HFM supports MT4, MT5, Proprietary Mobile.
6Can I use both FP Markets 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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