Freetrade
HFM
VS
Higher Rated
HFM
Capital at risk · T&Cs apply
In the "Freetrade vs HFM" broker comparison, the primary distinction lies in their market focus and trading platforms. Freetrade, with its London headquarters, offers commission-free trading primarily for UK investors interested in stocks and ETFs through its user-friendly mobile app. In contrast, HFM appeals to a wider range of traders, including those interested in forex, CFDs, and cryptocurrencies, offering diverse platforms like MT4 and MT5, and catering to both beginners and high-leverage traders. While Freetrade attracts UK-based stock investors with its straightforward approach, HFM is more suited for experienced traders seeking varied market exposure and advanced trading tools.
Freetrade
HFM
| Freetrade | HFM | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.8/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:2000 ✓ |
| Regulation | FCA | FCA, CySEC, FSCA ✓ |
| Platforms | Proprietary Mobile | MT4, MT5, Proprietary Mobile |
HFM is the better choice overall, scoring 3.8/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Freetrade offers lower spreads (0 pips).
See full side-by-side comparison belowFreetrade
HFM
Freetrade
Lower feesHFM
Freetrade
3.0/5
Choose Freetrade if you want…
HFM
3.8/5
Choose HFM if you want…
HFM scores higher overall on our independent rating system. Freetrade holds a 3.0/5 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.
Freetrade offers spreads from 0 pips, while HFM starts at 0 pips. Check the fees section above for a full breakdown.
Freetrade requires a minimum deposit of $0. HFM requires $5.
Freetrade is regulated by FCA, while HFM holds licences from FCA, CySEC, FSCA.
Freetrade supports 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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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.