HFM vs FP Markets
Deciding between HFM and FP Markets? This broker comparison between HFM and FP Markets reviews regulation and safety, pricing and trading conditions, platforms and tools, market range, deposit and withdrawal methods, and other essential factors side by side to help you choose confidentially.
Who is HFM?
HFM is a global multi-asset brokerage founded in 2010 that services retail and professional traders with access to a wide range of market products. The broker is known for its diverse account types, educational resources, and advanced trading platforms. HFM now operates across multiple regions, with a presence in over 200 countries. The official website is www.hfm.com.
The minimum deposit required to start trading with HFM is $0.
Who is FP Markets?
FP Markets is a global forex and CFD broker founded in 2005 in Sydney. The company provides traders with access to a deep collection of financial instruments and supports multiple advanced trading platforms for flexibility. FP Markets is particularly recognized for its tight raw spreads, fast trade execution, and deep liquidity. The official website is www.fpmarkets.com.
The minimum deposit required by FP Markets is $100.
HFM vs FP Markets Side-by-Side Comparison
HFM, founded in 2010, is regulated by the FSCA (South Africa), FSA (Seychelles), FSC (Mauritius), CMA (Kenya), CySEC (Cyprus), FCA (United Kingdom) and DFSA (Dubai, UAE) and has local offices in Kingstown and Larnaca, providing a regional presence. The broker offers various trading platforms, including MT4, MT5 and HFM App for a multi-device experience.
HFM sets and minimum deposit of $0, making it accessible to many traders. Accounts can be opened in USD, NGN, INR, KES, TBH, JPY, ZAR, SGD and PHP, enabling broad base currency choice. The firm operates under a hybrid model (A+B Book) approach. HFM also supports copy trading through HFCopy. Deposits and withdrawals are available through credit and debit cards, bank wire transfers, e-wallets (Skrill, Neteller, Perfect Money, Fasapay), crypto and mobile money, giving varied options for moving funds.
In comparison, FP Markets, established in 2005, is licensed by the ASIC (Australia), CySEC (Cyprus), FSCA (South Africa) and SVG (St. Vincent & the Grenadines) and maintains offices in Sydney (Headquarters), Limassol and Eden Island, supporting service coverage across regions. There are various trading platforms to choose from, including MT4, MT5, cTrader, TradingView and Iress, appealing to both algorithmic and chart-focused traders.
The required minimum deposit on FP Markets is $100, while the account base currency is USD. The broker uses an ECN/STP model and supports copy trading via Signal Start. Furthermore, clients can fund accounts through credit/debit cards, bank transfers, crypto, e-wallets (Skrill, Neteller, Paypal (in EU), Fasapay and SticPay), supporting broad flexibility.
HFM vs FP Markets Market Instruments
HFM provides 500+ CFD instruments across multiple markets, covering CFDs on forex, indices, commodities, stocks, etfs, crypto and bonds.
FP Markets, by comparison, offers 1,200+ CFD instruments with access to CFDs on forex, stocks, indices, commodities, etfs, bond and cryptocurrencies.
HFM vs FP Markets Account Types
HFM vs FP Markets Spreads Comparison
The spreads listed here reflect minimum and average spreads on standard accounts for both HFM and FP Markets, and they can change with market conditions and account type. Always verify the latest figures on each broker's website since spreads move with volatility and liquidity.
Minimum spreads comparison: for EUR/USD, HFM quotes 1.4 pips while FP Markets lists 1.0 pips. HFM also provides minimums for GBP/USD at 1.6 pips, USD/CAD at 1.9 pips, and CAD/JPY at 2.2 pips, plus XAU/USD (Gold) at $0.25, WTI Crude Oil at $0.03, and Bitcoin at $18. For these assets, FP Markets does not provide data about the minimum spreads.
Average spreads comparison: FP Markets displays addresses for EUR/USD at 1.2 pips, GBP/USD at 1.5 pips, and XAU/USD (Gold) at $0.26. HFM does not provide data about the average spreads for these assets.
HFM vs FP Markets Minimum Spreads Comparison
HFM vs FP Markets Average Spreads Comparison
Costs on Raw/Zero Spread Account
HFM and FP Markets provide raw/zero spread accounts aimed at minimizing trading costs. HFM features a minimum spread of 0.0 pips with a commission of $3.0 per side per lot on its Zero account. Similarly, FP Markets shows a minimum spread of 0.0 pips and a commission of $3.0 per side per lot on its Raw account.
These values reflect quoted minimums for raw or zero spread pricing, where ultra-tight spreads are offset by commissions. Since spreads move with market conditions and liquidity, always verify the latest costs directly on each broker's website before trading.
Other Features
HFM vs FP Markets: Wrapping Up the Comparison
HFM and FP Markets are established global brokers, founded in 2010 and 2005 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 FP Markets is regulated by the ASIC (Australia), CySEC (Cyprus), FSCA (South Africa) and SVG (St. Vincent & the Grenadines).
HFM offers a low entry point with a $0 minimum deposit and supports advanced trading platforms, including MT4, MT5 and HFM App. Regarding trading accounts, HFM provides both a Standard account and a Zero Spread option. Additional account formats include Cent, Pro and Pro Plus, alongside both a demo environment and a swap-free setup. Copy trading is also available via the broker's proprietary HFCopy App. The product list on HFM reaches 500+ instruments. On pricing, minimum EUR/USD spreads start from 1.4 pips. HFM does not publish the average spread figures.
FP Markets requires a $100 minimum deposit and supports MT4, MT5, cTrader, TradingView and Iress. The broker offers both Standard and Raw Spread accounts, alongside a demo account, and an Islamic (swap-free) option. The collection of market products extends to 1,200+ assets. It offers copy trading through Signal Start. Minimum EUR/USD spreads begin at 1.0 pips, and the average on EUR/USD is around 1.2 pips.
In short, HFM appeals to traders who want a low minimum deposit, daily educational webinars and a variety of account types, while FP Markets suits those seeking a larger instrument list and more platform choices.
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