Independent forex broker comparison·Data checked Trading is risky. Most retail CFD accounts lose money.
EUR/USD typical

Head-to-head · 2026

Exness vs HFM

Exness and HFM finish level on our overall score. HFM is cheaper to trade: its lowest-cost account works out at about $6.0 per round-turn lot of EUR/USD versus $7.0 at Exness.

Exness

Instant withdrawals and very high leverage

4.1/5

Visit ExnessFull review

HFM

African and Asian traders who want local payments

4.1/5

Visit HFMFull review
FeatureExnessHFM
Overall score4.14.1
EUR/USD standard spread1.0 pips1.4 pips
Raw account0.0 + $70.0 + $6
Cheapest cost per lot$7.0$6.0
Minimum deposit$10$0
Tier-1 regulatorsFCA, CySECFCA, CySEC
All regulatorsFCA, CySEC, FSCA, FSA (Seychelles), FSC (Mauritius), CMA (Kenya)FCA, CySEC, FSCA, DFSA, FSA (Seychelles), CMA (Kenya), FSC (Mauritius)
Founded20082010
Currency pairs100+50+
Max leverageUp to 1:2000 (offshore)Up to 1:2000 (offshore)
PlatformsMT4, MT5, Exness Terminal, Exness Trade AppMT4, MT5, HFM App
Copy tradingYesYes
Swap-free accountsYesYes
US clientsNoNo

Highlighted cells mark the better value where one is clearly better. Data checked October 2026.

Category by category

Trust & regulation4.14.3
Fees & spreads4.64.1
Platforms & tools4.13.9
Markets & range3.43.8
Ease of use4.24.3
Research & education3.33.9
ExnessHFM

Costs: Exness vs HFM

HFM is cheaper to trade: its lowest-cost account works out at about $6.0 per round-turn lot of EUR/USD versus $7.0 at Exness. On its standard, commission-free account Exness quotes around 1.0 pips on EUR/USD. On its standard, commission-free account HFM quotes around 1.4 pips on EUR/USD. Both offer raw-spread pricing: Exness at $7 and HFM at $6 per round-turn lot.

Regulation and safety

Exness is regulated by FCA, CySEC, FSCA, FSA (Seychelles), FSC (Mauritius), CMA (Kenya). HFM is regulated by FCA, CySEC, FSCA, DFSA, FSA (Seychelles), CMA (Kenya), FSC (Mauritius). HFM scores higher for trust in our methodology. Both are available in South Africa and Most other countries. Only HFM serves United Kingdom, European Union.

Platforms

Both support MT4, MT5. Exness offers MT4, MT5, Exness Terminal, Exness Trade App; HFM offers MT4, MT5, HFM App.

Which should you choose?

Choose Exness if…

  • automated instant withdrawals on most payment methods
  • tight spreads on gold (XAU/USD) and major pairs
  • low $10 minimum deposit on Standard accounts

Choose HFM if…

  • fSCA and CMA licences for African traders
  • zero account with raw spreads
  • hFcopy social trading

Frequently asked questions

Is Exness better than HFM?

Exness and HFM finish level on our overall score. HFM is cheaper to trade: its lowest-cost account works out at about $6.0 per round-turn lot of EUR/USD versus $7.0 at Exness.

Which is safer, Exness or HFM?

HFM scores higher for trust (4.3 vs 4.1), with tier-1 regulation from FCA, CySEC.

Which has the lower minimum deposit?

HFM has the lower minimum at $0, compared with $10.

Do Exness and HFM both offer MetaTrader?

Exness: MT4, MT5. HFM: MT4, MT5.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly. Between roughly 60% and 89% of retail investor accounts lose money when trading CFDs, depending on the provider. Consider whether you understand how they work and can afford to lose your money. Read the full risk warning.