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Side-by-Side Comparison Independent Updated Mar 9, 2026

Futu (Moomoo) vs HFM 2026: Which Broker is Better?

In the world of online trading, Futu (Moomoo) and HFM cater to distinct trader profiles with their unique offerings. Futu, headquartered in Hong Kong and regulated by major authorities like the SFC and SEC, appeals to traders seeking zero-commission US stock trading and access to global markets such as the US, Hong Kong, and Singapore. On the other hand, HFM, based in Cyprus and regulated by entities including the FCA and CySEC, is ideal for forex and CFD traders who appreciate low minimum deposits and high leverage options up to 1:2000. While Futu is favoured for its advanced market data and social trading features, HFM attracts those who value flexible account types and micro account availability.

Futu (Moomoo)

HFM

Higher ratedHFM logo

HFM

3.8/ 5
Visit HFM →Full review
VS
Futu (Moomoo)HFM
BrokerRank Score3.7/53.8/5 ✓
Min. Deposit$0 ✓$5
Spread from0 pips0 pips
Max Leverage1:51:2000 ✓
RegulationSFC, SEC, MASFCA, CySEC, FSCA
PlatformsMoomoo, Futu NiuNiuMT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Futu (Moomoo)HFM
Best for Low Fees
Futu (Moomoo)HFM
Best for Regulation
Futu (Moomoo)HFM
Best Overall
HFMFutu (Moomoo)
Quick Answer

HFM is the better choice overall, scoring 3.8/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Futu (Moomoo) offers lower spreads (0 pips).

See full side-by-side comparison below

Futu (Moomoo) vs HFM: Key Differences

Feature

Futu (Moomoo)

Winner

HFM

Our Rating
3.7 / 5
3.8 / 5
Min. Deposit
$0
$5
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$3/lot
Regulated By
SFCSECMAS
Platforms
Moomoo, Futu NiuNiu
MT4, MT5, Proprietary Mobile
Markets
Stocks, Etf, Options, Futures, Crypto
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2012
2010
Headquarters
Hong Kong, China
Limassol, Cyprus
Score
2 / 3
1 / 3

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Fees Comparison

Fee

Futu (Moomoo)

Lower fees

HFM

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

BrokerRank Verdict

For beginners, Futu (Moomoo) is the better choice due to its zero commission on US stock trading and user-friendly platforms, although its complex fee structure for non-US markets may pose some challenges. Professional traders might prefer HFM, which offers a wider range of markets and higher leverage, up to 1:2000, catering to more sophisticated trading strategies. When it comes to fees, Futu (Moomoo) edges out HFM with its no-commission trading on US stocks and competitive spreads, despite having a complex fee structure for non-US markets.

Who Should Choose Which?

Futu (Moomoo)

Futu (Moomoo)

3.7/5

Choose Futu (Moomoo) if you want…

  • No per-trade commission
  • No minimum deposit
HFM

HFM

3.8/5

Top pick

Choose HFM if you want…

  • Higher overall rating (3.8/5)
  • Higher leverage (up to 1:2000)
  • More market types (6)
  • More established (est. 2010)

Also consider

View all rankings

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4.1
FCA
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4.0
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Plus500
4.0
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80% of retail CFD accounts lose money.

Both Futu (Moomoo) & HFM are available in

Frequently Asked Questions

1

Is Futu (Moomoo) better than HFM?

HFM scores higher overall on our independent rating system. Futu (Moomoo) holds a 3.7/5 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, Futu (Moomoo) or HFM?

Futu (Moomoo) offers spreads from 0 pips, while HFM starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Futu (Moomoo) vs HFM?

Futu (Moomoo) requires a minimum deposit of $0. HFM requires $5.

4

Which broker is safer, Futu (Moomoo) or HFM?

Futu (Moomoo) is regulated by SFC, SEC, MAS, while HFM holds licences from FCA, CySEC, FSCA.

5

What trading platforms do Futu (Moomoo) and HFM support?

Futu (Moomoo) supports Moomoo, Futu NiuNiu. HFM supports MT4, MT5, Proprietary Mobile.

6

Can I use both Futu (Moomoo) 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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