Swissquote vs HFM 2026: Which Broker is Better?
Choosing between Swissquote and HFM depends on your trading style, preferred markets, and budget. Swissquote is headquartered in Gland, Switzerland, while HFM operates from Limassol, Cyprus. Swissquote has the longer track record, established in 1996, compared to HFM which was founded in 2010. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Swissquote
HFM
| Swissquote | HFM | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.8/5 |
| Min. Deposit | $1000 ✓ | $5 |
| Spread from | 1.3 pips | 0 pips ✓ |
| Max Leverage | 1:100 | 1:2000 ✓ |
| Regulation | FCA, MAS | FCA, CySEC, FSCA ✓ |
| Platforms | MT4, MT5, Proprietary Web | MT4, MT5, Proprietary Mobile |
Swissquote (3.8/5) and HFM (3.8/5) are closely matched. HFM has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowSwissquote vs HFM: Key Differences
Swissquote
HFM
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Fees Comparison
Swissquote
HFM
Regulation & Trust
Swissquote holds licences from FCA, MAS. HFM is regulated by FCA, CySEC, FSCA.
Markets & Assets
Both brokers offer access to Forex, Stocks, Cfd, Indices markets. Swissquote additionally covers Crypto. HFM adds Commodities.
Fees & Spreads
On spreads, HFM is more competitive with EUR/USD spreads from 0.0 pips, compared to 1.3 pips at Swissquote.
Trading Platforms
Swissquote supports MT4, MT5, Proprietary Web, Proprietary Mobile. HFM offers MT4, MT5, Proprietary Mobile. Both brokers are available on MT4, MT5, Proprietary Mobile.
Minimum Deposit
Swissquote requires a minimum deposit of $1,000, while HFM sets a minimum deposit of $5. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores Swissquote at 3.80/5 and HFM at 3.78/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Swissquote leads overall with a marginal advantage.
BrokerRank Verdict
Who Should Choose Which?
Swissquote
3.8/5
Choose Swissquote if you want…
- No per-trade commission
- More established (est. 1996)
- More platforms (4 supported)
HFM
3.8/5
Choose HFM if you want…
- Tighter spreads (from 0 pips)
- Lower minimum deposit ($5)
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
Also consider
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.
Both Swissquote & HFM are available in
Frequently Asked Questions
1Is Swissquote better than HFM?
Swissquote (3.8/5) and HFM (3.8/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, Swissquote or HFM?
Swissquote offers spreads from 1.3 pips, while HFM starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Swissquote vs HFM?
Swissquote requires a minimum deposit of $1000. HFM requires $5.
4Which broker is safer, Swissquote or HFM?
Swissquote is regulated by FCA, MAS, while HFM holds licences from FCA, CySEC, FSCA.
5What trading platforms do Swissquote and HFM support?
Swissquote supports MT4, MT5, Proprietary Web, Proprietary Mobile. HFM supports MT4, MT5, Proprietary Mobile.
6Can I use both Swissquote 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
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