XTB vs HFM
Trying to choose between XTB and HFM for your trading goals? This is a broker comparison between XTB and HFM, assessing regulation and safety, pricing and spreads, trading platform choices, tradable markets, funding and withdrawal methods, and other key details in a head-to-head review.
Who is XTB?
XTB is a globally recognised forex and CFD broker founded in Poland in 2002. Now headquartered in the EU with regulation across multiple jurisdictions, it serves over 2 million traders worldwide. The broker has built a strong reputation for its extensive instrument collection, competitive trading conditions, and advanced xStation 5 platform. The official website is www.xtb.com.
The minimum deposit required to start trading with XTB is $0.
Who is HFM?
HFM is an international forex and CFD broker, established in 2010, serving a diverse client base in over 160 countries. The broker has built its reputation on offering competitive trading conditions, various account types, and a wide selection of trading instruments. HFM provides access to several trading platforms for flexibility. The official website is www.hfm.com.
The minimum deposit to start trading is $0.
XTB vs HFM Side-by-Side Comparison
XTB, founded in 2002, is licensed by the FCA (UK), CySEC (Cyprus), FSC (Belize), KNF (Poland) and SCA (Dubai, UAE). The company maintains a broad physical presence with local offices in Warsaw, London, Berlin, Bratislava, Bucharest, Dubai, Jakarta, Paris, Madrid, Prague, Santiago, Belize City, Limassol and Lisbon. XTB provides its proprietary xStation 5 platform as the sole trading option for clients.
To open an account, XTB sets a minimum deposit of $0 and supports accounts denominated in USD. XTB operates using a hybrid model (A+B Book), but lacks copy trading capabilities. To make deposits and withdrawals, clients can use a variety of payment options, including credit and debit cards, bank transfers, e-wallets (PayPal, Neteller etc.).
In comparison, HFM, established in 2010, is licensed by the FSCA (South Africa), FSA (Seychelles), FSC (Mauritius), CMA (Kenya), CySEC (Cyprus), FCA (United Kingdom) and DFSA (Dubai, UAE) and maintains local offices in Kingstown and Larnaca. Traders can place orders using various trading platforms, such as MT4, MT5 and HFM App.
Investors can open accounts with a minimum deposit of $0 and the base currencies available include USD, NGN, INR, KES, TBH, JPY, ZAR, SGD and PHP. The broker operates following a hybrid model (A+B Book) and it supports copy trading with its HFCopy service. Deposits and withdrawals are supported via credit and debit cards, bank wire transfers, e-wallets (Skrill, Neteller, Perfect Money, Fasapay), crypto and mobile money.
XTB vs HFM Market Instruments
XTB offers access to 11,500+ instruments across multiple global markets, with CFDs on forex, stocks, indices, commodities, cryptocurrencies + real stocks and etfs. The broker's products lineup spans 70+ forex pairs, 6,600+ stocks, 30+ indices, 20+ commodities, and 40+ crypto pairs.
HFM, by comparison, provides 500+ instruments, covering CFDs on forex, indices, commodities, stocks, etfs, crypto and bonds. HFM's collection of products includes 50+ forex pairs, 89 stocks, 20+ indices, 10+ commodities, and 10 crypto assets.
XTB vs HFM Account Types
XTB vs HFM Spreads Comparison
The figures in this comparison reflect minimum spreads on standard accounts for XTB and HFM. Spreads change with market conditions and account type, so always verify the latest figures on each broker’s website.
Minimum spreads comparison: For major forex pairs, XTB posts EUR/USD with spreads starting from 0.8 pips versus HFM at 1.4 pips, GBP/USD from 1.7 pips versus 1.6 pips, USD/CAD from 1.5 pips versus 1.9 pips, and CAD/JPY from 4.1 pips versus 2.2 pips.
For non-forex markets, XAU/USD (gold) starts from $0.3 at XTB versus $0.25 at HFM, WTI crude is $0.03 at XTB versus $0.03 at HFM, and Bitcoin is 0.22% at XTB versus $18 at HFM.
Neither broker provides data about the average spreads.
XTB vs HFM Minimum Spreads Comparison
Costs on Raw/Zero Spread Account
Regarding costs on raw/zero spread accounts, HFM offers a minimum spread of 0.0 pips and charges $3.0 per side per lot. XTB does not offer raw/zero spread accounts.
Ultra-low spreads on raw/zero spread accounts are typically paired with a commission per side per lot. The commission forms a significant portion of total trading costs, while spreads shift with liquidity and volatility. The figures referenced are minimums for raw/zero spread setups. Always verify the latest figures on the brokers’ websites.
Other Features
XTB vs HFM: Wrapping Up the Comparison
XTB and HFM are both globally popular brokers, established in 2002 and 2010, respectively. XTB is regulated by the FCA (UK), CySEC (Cyprus), FSC (Belize), KNF (Poland) and SCA (Dubai, UAE), while HFM is overseen by the FSCA (South Africa), FSA (Seychelles), FSC (Mauritius), CMA (Kenya), CySEC (Cyprus), FCA (United Kingdom) and DFSA (Dubai, UAE).
Regarding market coverage, XTB offers access to 11,500+ instruments, compared with 500+ at HFM. However, XTB only offers its in-house trading platform xStation 5, whereas HFM offers MT4, MT5 and HFM App. Both advertise a minimum deposit of $0, making them highly accessible.
Each broker includes a Standard account, a demo environment, and an Islamic (swap-free) option. XTB does not offer raw/zero spread accounts and does not provide additional account types. In contrast, HFM includes a zero/raw spread account and adds other choices such as Cent, Pro and Pro Plus accounts. For pricing, EUR/USD minimum spreads start from 0.8 pips at XTB and 1.4 pips at HFM. Feature-wise, XTB does not provide copy trading, whereas HFM supports copy trading.
Overall, traders who want the broadest instrument list and a proprietary platform may lean toward XTB, while those seeking copy trading, more account variety, and MT4/MT5 access may prefer HFM.
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