Compare HF Markets vs FXGiants
What is HF Markets? What is FXGiants ?
HF Markets is a trade name of Notesco Limited, a company registered in Bermuda that offers online trading on forex, commodities, bonds, metals, energies, shares, indices and more. HF Markets has over 2.5 million client accounts, $2 billion client deposits and 41,000 partners. HF Markets claims to offer tight spreads, ultra-fast execution, quick deposits and withdrawals and swap free accounts.
FXGiants is also a trade name of Notesco Limited, but it operates under different subsidiaries in different jurisdictions. FXGiants offers online trading on over 200 financial instruments across six asset classes, including forex, metals, indices, commodities, futures and shares. FXGiants claims to offer low spreads, high leverage, fast execution and various account types.
HF Markets vs FXGiants Regulation Comparison
Both HF Markets and FXGiants are regulated by the Financial Conduct Authority (FCA) in the UK under the same license number 585561. However, they also have different licenses for different regions. For example:
- HF Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 183/12, while FXGiants is not.
- FXGiants is regulated by the Australian Securities and Investments Commission (ASIC) under license number 417482, while HF Markets is not.
HF Markets vs FXGiants Trading Assets Comparison
Both HF Markets and FXGiants offer a wide range of trading assets across six asset classes: forex, metals, indices, commodities, futures and shares. However, they differ in the number and variety of instruments they provide. For example:
- HF Markets offers over 3500 trading instruments, while FXGiants offers over 200 trading instruments.
- HF Markets offers more forex pairs (70+) than FXGiants (50+).
- HF Markets offers more indices (40+) than FXGiants (20+).
- HF Markets offers more commodities (20+) than FXGiants (10+).
- HF Markets offers more shares (3000+) than FXGiants (120+.
HF Markets vs FXGiants Trading Fees Comparison
Both HF Markets and FXGiants charge fees for trading on their platforms. These fees include spreads, commissions, swaps and other charges. The fees vary depending on the account type, the instrument, the market conditions and other factors. For example:
- HF Markets offers four account types: Cent, Zero, Pro and Premium. FXGiants offers five account types: Micro, Premium, Zero Fixed Spread, STP/ECN No Commission and STP/ECN Zero Spread.
- HF Markets charges zero commissions on Cent and Premium accounts, but charges $3 per lot on Zero and Pro accounts. FXGiants charges zero commissions on Micro, Premium and STP/ECN No Commission accounts, but charges $13 per lot on Zero Fixed Spread and STP/ECN Zero Spread accounts.
- HF Markets offers zero spreads on Zero accounts, but variable spreads on Cent, Pro and Premium accounts. FXGiants offers fixed spreads on Micro and Zero Fixed Spread accounts, but variable spreads on Premium, STP/ECN No Commission and STP/ECN Zero Spread account.
- HF Markets offers swap free accounts for all account types. FXGiants offers swap free accounts only for Micro and Premium accounts.
HF Markets vs FXGiants Account Types Comparison
Both HF Markets and FXGiants offer different account types to suit the needs and preferences of different traders. These account types differ in terms of minimum deposit, leverage, execution type and other features. For example:
- HF Markets offers four account types: Cent, Zero, Pro and Premium. The minimum deposit for Cent and Premium accounts is $50, while the minimum deposit for Zero and Pro accounts is $200. The maximum leverage for all account types is 1:2000. The execution type for all account types is market.
- FXGiants offers five account types: Micro, Premium, Zero Fixed Spread, STP/ECN No Commission and STP/ECN Zero Spread. The minimum deposit for Micro and Premium accounts is $100, while the minimum deposit for Zero Fixed Spread and STP/ECN No Commission accounts is $500 and the minimum deposit for STP/ECN Zero Spread account is $2000. The maximum leverage for Micro and Premium accounts is 1:1000, while the maximum leverage for Zero Fixed Spread and STP/ECN No Commission accounts is 1:500 and the maximum leverage for STP/ECN Zero Spread account is 1:200. The execution type for Micro and Premium accounts is instant, while the execution type for Zero Fixed Spread and STP/ECN No Commission accounts is market and the execution type for STP/ECN Zero Spread account is ECN.
HF Markets vs FXGiants Deposit Options Comparison
Both HF Markets and FXGiants offer various deposit and withdrawal options to their clients. These options include bank wire transfer, credit/debit cards, e-wallets and local payment methods. However, they differ in the availability, fees and processing time of these options. For example:
- HF Markets accepts deposits and withdrawals via bank wire transfer, Visa/Mastercard/Maestro cards, Skrill, Neteller, WebMoney, Trustly and more. HF Markets does not charge any fees for deposits or withdrawals. The processing time for deposits is instant or up to one business day, depending on the method. The processing time for withdrawals is up to one business day for e-wallets and up to 10 business days for bank wire transfer.
- FXGiants accepts deposits and withdrawals via bank wire transfer, Visa/Mastercard cards, Skrill, Neteller, FasaPay and more. FXGiants does not charge any fees for deposits, but may charge fees for withdrawals depending on the method and amount. The processing time for deposits is instant or up to one business day, depending on the method. The processing time for withdrawals is up to one business day for e-wallets and up to 5 business days for bank wire transfer.
HF Markets vs FXGiants Trading Platforms Comparison
Both HF Markets and FXGiants offer the popular MetaTrader 4 (MT4) trading platform as their main platform. MT4 is a user-friendly and powerful platform that supports various features such as charting tools, technical indicators, automated trading and more. However, they also differ in some aspects of their platforms. For example:
- HF Markets also offers MetaTrader 5 (MT5), a newer and more advanced version of MT4 that supports more instruments, order types and analytical tools. FXGiants does not offer MT5.
- HF Markets offers a web-based version of MT4 and MT5 that can be accessed from any browser without downloading or installing anything. FXGiants offers a web-based version of MT4 only.
- HF Markets offers a mobile app for MT4 and MT5 that can be downloaded from the App Store or Google Play Store. FXGiants offers a mobile app for MT4 only.
- HF Markets offers a proprietary mobile app called HFM App that provides access to over 1200 markets, one wallet for multiple accounts and customized trading history. FXGiants does not offer a proprietary mobile app.
- HF Markets offers PMAM (Personal Multi-Account Manager), a platform that allows managing multiple MT4 accounts with different strategies efficiently. FXGiants does not offer PMAM.
- HF Markets offers free VPS (Virtual Private Server) service for all account types that allows running EAs (Expert Advisors) without interruption. FXGiants offers free VPS service only for STP/ECN Zero Spread account holders with a minimum balance of $5000.
HF Markets vs FXGiants Analytical Tools Comparison
Both HF Markets and FXGiants offer various analytical tools to help their clients make informed trading decisions. These tools include market news, economic calendar, trading signals, market analysis and more. However, they differ in the quality and quantity of these tools. For example:
- HF Markets offers daily market news, weekly market outlook, quarterly market outlook, daily technical analysis, live webinars, trading calculators and more. HF Markets also provides free access to Trading Central, a leading provider of technical analysis and investment research.
- FXGiants offers daily market news, economic calendar, trading signals, market analysis and more. FXGiants also provides free access to Autochartist, a powerful tool that scans the markets for trading opportunities based on chart patterns and technical indicators.
HF Markets vs FXGiants . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading style, goals and risk appetite. What may be better for one trader may not be better for another. Therefore, you can do your own research and compare the features, fees, platforms and services of both brokers before making a decision. You can also try their demo account to test their platform and conditions without risking money. Ultimately, the best forex broker is the one that fits your needs and expectations.
