HFM vs AvaTrade
Unsure whether HFM or AvaTrade is the better fit for your trading style? This broker comparison between HFM and AvaTrade reviews regulation and safety, pricing and spreads, platforms and tools, tradable markets, funding methods, and other essential factors so you can assess them side by side.
Who is HFM?
HFM was founded in 2010 and has grown into a prominent, globally recognized forex and CFD broker. The broker has built a strong reputation for offering competitive trading conditions, several low-cost accounts, and advanced trading tools suitable for all kinds of traders. The official website is www.hfm.com.
The minimum deposit to start trading with HFM is $0.
Who is AvaTrade?
AvaTrade, founded in 2006, is a global online broker for forex and CFDs. The broker offers user-friendly platforms, competitive conditions, and a wide range of markets on a comprehensive suite of trading solutions, including proprietary platforms and third-party solutions. The official website is www.avatrade.com.
The minimum deposit required to start trading with AvaTrade is $100.
HFM vs AvaTrade Side-by-Side Comparison
HFM, founded in 2010, is licensed by the FSCA (South Africa), FSA (Seychelles), FSC (Mauritius), CMA (Kenya), CySEC (Cyprus), FCA (United Kingdom) and DFSA (Dubai, UAE). This company maintains local offices in Kingstown and Larnaca and supports several trading platforms, including MT4, MT5 and HFM App.
The minimum deposit accepted by HFM is $0, with accounts available in USD, NGN, INR, KES, TBH, JPY, ZAR, SGD and PHP. The broker operates under a hybrid model (A+B Book) and supports copy trading with HFCopy. Funding options on this broker include credit and debit cards, bank wire transfers, e-wallets (Skrill, Neteller, Perfect Money, Fasapay), crypto and mobile money, offering broad flexibility for account top-ups.
In comparison, AvaTrade, established in 2006, is regulated by the FFAJ (Japan), CySEC (Cyprus), ISA (Israel), IIROC (Canada), ADGM / FSRA (UAE), CBI (Ireland), BVIFSC (British Virgin Islands), FSCA (South Africa), ASIC (Australia) and SFC (Colombia). The broker runs local offices in Dublin, Sydney, Santiago, Kuala Lumpur, Milan, Tokyo, Mexico City, Ulaanbaatar, Warsaw, Johannesburg and Abu Dhabi. AvaTrade supports different trading platforms, which include MT4, MT5, AvatradeGo, AvaOptions, Duplitrade and ZuluTrade.
To open an account with AvaTrade, a minimum deposit of $100 applies, with accounts denominated in USD. The broker follows a B-Book (market maker) model and supports copy trading with Duplitrade and ZuluTrade. Clients can fund accounts via credit and debit cards, e-wallets (Skrill, WebMoney and Neteller) and bank transfers, enabling straightforward transfers across popular methods.
HFM vs AvaTrade Market Instruments
HFM offers access to 500+ instruments, which include CFDs on forex, indices, commodities, stocks, etfs, crypto and bonds. By the numbers, these instruments constitutes 50+ forex pairs, 89 stocks, 20+ indices, 10+ commodities, and 10 crypto pairs.
AvaTrade, by comparison, offers access to 1,250+ CFD instruments across various global markets. These include CFDs on forex, stocks, indices, commodities, etfs, bonds and cryptocurrencies. The range of products on AvaTrade includes 55 forex pairs, 600 stocks, 30 indices, 20 commodities, and 50 crypto pairs.
HFM vs AvaTrade Account Types
HFM vs AvaTrade Spreads Comparison
The figures below reflect minimum spreads on standard accounts for HFM and AvaTrade, and actual trading costs can vary with account type, liquidity, and volatility. Always verify current conditions on each broker’s website. Neither broker provides data about the average spreads.
Looking at minimum spreads: AvaTrade quotes EUR/USD minimum spreads from 0.9 pips versus HFM at 1.4 pips. For GBP/USD, AvaTrade shows 1.6 pips compared with HFM at 1.6 pips. USD/CAD comes in at 1.8 pips for AvaTrade and 1.9 pips for HFM, while CAD/JPY is 2.0 pips versus 2.2 pips.
For non-forex instruments, XAU/USD is quoted at 0.10% at AvaTrade and $0.25 at HFM, WTI shows $0.01 compared with $0.03, and Bitcoin is 0.10% versus $18.
HFM vs AvaTrade Minimum Spreads Comparison
Costs on Raw/Zero Spread Account
HFM offers a raw/zero spread account with a minimum spread of 0.0 pips and a commission of $3.0 per side per lot. AvaTrade, on the other hand, does not offer raw/zero spread accounts.
This section highlights how raw pricing keeps spreads extremely tight while shifting more of the cost to commissions. Since trading costs can vary with market conditions and account types, check each broker’s website for the most current information.
Other Features
HFM vs AvaTrade: Wrapping Up the Comparison
HFM and AvaTrade are long-standing, globally regulated brokers, founded in 2010 and 2006 respectively. HFM is regulated by the FSCA (South Africa), FSA (Seychelles), FSC (Mauritius), CMA (Kenya), CySEC (Cyprus), FCA (United Kingdom) and DFSA (Dubai, UAE), while AvaTrade is overseen by the FFAJ (Japan), CySEC (Cyprus), ISA (Israel), IIROC (Canada), ADGM / FSRA (UAE), CBI (Ireland), BVIFSC (British Virgin Islands), FSCA (South Africa), ASIC (Australia) and SFC (Colombia).
Both brokers support multiple trading platforms, with HFM supporting MT4, MT5 and HFM App and AvaTrade offering MT4, MT5, AvatradeGo, AvaOptions, Duplitrade and ZuluTrade.
HFM sets a very low minimum deposit of $0, and offers 500+ instruments. The broker provides a standard account and also includes a zero spread account. Additional choices include Cent, Pro and Pro Plus accounts. A risk-free demo and a swap-free option are available. Additionally, copy trading is available through HFCopy. On EUR/USD, minimum spreads start from 1.4 pips.
AvaTrade requires a minimum deposit of $100 and offers access to 1,250+ instruments. The broker offers a standard account but does not provide a raw spread or other account formats. A demo environment and a swap-free setup are available, and copy trading is supported via DupliTrade and ZuluTrade. Minimum EUR/USD spreads typically begin at 0.9 pips.
In short, HFM appeals to traders prioritizing multiple account options, frequent promotions, localized events, daily webinars, and zero minimum deposit, while AvaTrade suits those seeking extensive instrument selection and broader platform choice.
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