HFM vs Exness - Who Has the Upper Hand?

Trying to decide between HFM and Exness to find the best broker for your trading needs? We've conducted a detailed comparison of HFM and Exness, evaluating their safety and licenses, trading conditions and fees, platforms, available instruments, deposit and withdrawal options, and all the key details side by side.

Who is HFM?

HFM, previously known as HotForex, was established in 2010 and has grown into one of the world's leading forex brokers. It was launched with the goal of empowering traders to explore opportunities in the financial markets and has attracted over 2.5 million traders. The official website of HFM is www.hfm.com.

The minimum deposit required to start trading with HFM is $0.

68% of retail investor accounts lose money when trading CFDs with this provider.

Who is Exness?

Founded in 2008, Exness was created to offer traders a fair and transparent trading experience. It has since grown to become one of the largest forex brokers by trading volume, with $2.275 trillion traded in 2022. The official website of Exness is www.exness.com.

The minimum deposit required to trade with Exness is $10.

Remember that Forex and CFDs available at Exness are leveraged products.
Their trading can result in the loss of your entire capital.

HFM vs Exness Comparison

Exness vs HFM Spread Comparison

The spreads listed in the comparison table represent the average spreads on standard accounts for both Exness and HFM. However, spreads can vary depending on the account type and market conditions.

• Raw Spread and Zero Spread accounts typically offer lower spreads, sometimes starting from 0 pips, but may charge a commission per trade.

• Standard accounts have slightly higher spreads but are commission-free, making them suitable for traders who prefer a simple cost structure.

• Pro and Premium accounts may have optimized spreads for high-volume traders.

Always check the latest spread information directly on the broker's website, as spreads fluctuate based on market volatility and liquidity.

Feature Comparison

Exness vs HFM. Final words on who has he upper hand?

Both Exness and HFM are well-established brokers in the online trading industry, each offering unique advantages to traders. While they have similar offerings in many areas, there are key differences that can influence your choice.

Both brokers are regulated by several financial authorities, with Exness being regulated in multiple jurisdictions around the world, including the UK, Cyprus, and South Africa. However, it is important to note that Exness does not accept traders from the UK or the EEA, which could be a limitation for traders in these regions. HFM, on the other hand, accepts traders from the UK and the EEA, providing greater access for traders based in these areas.

In terms of market instruments, Exness offers access to around 200 instruments, whereas HFM provides a broader range of over 1,000 instruments. This difference in the number of instruments may be a deciding factor for traders looking for diversity in their trading portfolios.

When it comes to spreads, HFM generally offers slightly lower spreads on its standard account, which can be a significant factor for traders focused on minimizing trading costs. On the other hand, Exness offers competitive spreads as well, but those are accessible on the pro accounts.

Ultimately, the decision between Exness and HFM depends on individual preferences, such as the importance of lower spreads, the range of instruments, or the number of regulatory licenses. Each broker has its own strengths, and traders will need to weigh these factors based on their unique trading needs.