Compare HF Markets vs FXTM
What is HF Markets? What is FXTM ?
HF Markets and FXTM are both online brokers that offer trading services in various financial markets, such as forex, stocks, commodities, indices, and cryptocurrencies. HF Markets is also known as HotForex and was founded in 2010. FXTM is short for ForexTime and was founded in 2011.
HF Markets vs FXTM Regulation Comparison
HF Markets and FXTM are both regulated by multiple authorities in different jurisdictions, such as the UK, Cyprus, South Africa, Mauritius, Seychelles, and Belize. However, HF Markets has more licenses than FXTM, including from the Financial Conduct Authority (FCA) in the UK and the Dubai Financial Services Authority (DFSA) in the UAE.
HF Markets vs FXTM Trading Assets Comparison
HF Markets and FXTM both offer a wide range of trading assets, with over 1000 instruments available on each platform. However, HF Markets has more options for cryptocurrencies, metals, energies, and bonds, while FXTM has more options for stocks and indices.
HF Markets vs FXTM Trading Fees Comparison
HF Markets and FXTM both charge competitive trading fees, such as spreads, commissions, swaps, and overnight charges. However, the exact fees depend on the account type, trading platform, and market conditions. Generally speaking, HF Markets has lower spreads and commissions than FXTM, especially for ECN accounts and premium instruments.
HF Markets vs FXTM Account Types Comparison
HF Markets and FXTM both offer various account types to suit different trading styles and preferences. However, HF Markets has more account options than FXTM, with six live accounts and three demo accounts. FXTM has four live accounts and two demo accounts. HF Markets also offers more features and benefits for its account holders, such as free VPS hosting, loyalty programs, cash rebates, and educational resources.
HF Markets vs FXTM Deposit Options Comparison
HF Markets and FXTM both support multiple deposit and withdrawal methods, such as bank transfers, credit/debit cards, e-wallets, and local payment solutions. However, HF Markets has more options than FXTM, with over 30 payment methods available. HF Markets also does not charge any fees for deposits or withdrawals, while FXTM may charge some fees depending on the method and amount.
HF Markets vs FXTM Trading Platforms Comparison
HF Markets and FXTM both provide access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are compatible with various devices and operating systems. However, HF Markets also offers its own proprietary platform called HF App, which is a mobile application that allows traders to manage their accounts, access market news, and perform basic trading functions.
HF Markets vs FXTM Analytical Tools Comparison
HF Markets and FXTM both offer various analytical tools to help traders make informed decisions and improve their trading performance. These include market news, economic calendars, trading signals, webinars, seminars, ebooks, videos, articles, blogs, podcasts, and more. However, HF Markets has more tools than FXTM, such as Autochartist, Trading Central, Premium Trader Tools, HF Copy (a social trading platform), and myHF Area (a personal dashboard).
HF Markets vs FXTM . Which forex broker is better? Which forex broker should you choose?
HF Markets and FXTM are both reputable and trusted forex brokers offering similar services and trading features. However, HF Markets has some advantages over FXTM in terms of regulation, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms and analytical tools. The best forex for you depends on your personal preferences, trading style, level of experience and risk tolerance. You should compare brokers based on the criteria that are most important to you and choose a broker that suits your needs and goals.
