Compare HF Markets vs Trading212
What is HF Markets? What is Trading212 ?
HF Markets is a global forex and CFD broker that offers trading on various instruments, such as currencies, commodities, indices, stocks, bonds and cryptocurrencies. HF Markets is regulated by multiple authorities, including the FCA, CySEC, FSCA and FSA. HF Markets provides four types of accounts: Micro, Premium, Zero Spread and Auto. HF Markets also supports MT4, MT5 and WebTrader platforms.
Trading212 is a UK-based broker that offers trading and investing services on forex, stocks, commodities, indices, ETFs and cryptocurrencies. Trading212 is regulated by the FCA and the FSCS. Trading212 provides three types of accounts: CFD, Invest and ISA. Trading212 also has its own proprietary platform that is available on web and mobile devices.
HF Markets vs Trading212 Regulation Comparison
Both brokers are regulated by the FCA in the UK, which means they have to comply with strict rules regarding client funds protection, financial reporting and fair trading practices. Both brokers also offer negative balance protection to their clients.
HF Markets has more regulatory licenses than Trading212, as it is also authorized by CySEC in Cyprus, FSCA in South Africa and FSA in Seychelles. This means that HF Markets can accept clients from more jurisdictions and offer them different trading conditions depending on their location.
Trading212 is covered by the FSCS in the UK, which means that its clients can claim up to £85,000 in case the broker becomes insolvent or fails to meet its obligations. HF Markets does not have a similar scheme in place for its clients.
HF Markets vs Trading212 Trading Assets Comparison
Both brokers offer a wide range of trading assets, including forex, stocks, commodities, indices, ETFs and cryptocurrencies. However, the number and variety of assets may differ depending on the account type and the platform used.
HF Markets offers more than 1000 instruments across 7 asset classes. HF Markets has 51 currency pairs, 15 commodities, 56 indices, 4 bonds, 948 stocks, 3 ETFs and 7 cryptocurrencies.
Trading212 offers more than 3000 instruments across 6 asset classes. Trading212 has 222 currency pairs, 163 commodities and futures contracts, 30 indices, 10 cryptocurrencies and over 2600 stocks and ETFs.
HF Markets vs Trading212 Trading Fees Comparison
Both brokers charge variable spreads on their CFD accounts, which depend on the market conditions and the instrument traded. Both brokers also charge overnight swap fees for holding positions overnight.
HF Markets charges commissions on its Zero Spread account, which starts from $0.03 per lot per side. HF Markets does not charge commissions on its other account types.
Trading212 does not charge commissions on any of its account types.
HF Markets has lower minimum deposit requirements than Trading212. HF Markets requires $5 for its Micro account, $100 for its Premium account, $200 for its Zero Spread account and $250 for its Auto account.
Trading212 requires $10 or a currency equivalent for its CFD account and $1 for its Invest and ISA accounts.
HF Markets vs Trading212 Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences.
HF Markets offers four types of accounts: Micro, Premium, Zero Spread and Auto. The Micro account is suitable for beginners who want to trade with small volumes and low risk. The Premium account is suitable for experienced traders who want to trade with higher leverage and lower spreads. The Zero Spread account is suitable for scalpers who want to trade with zero spreads and commissions. The Auto account is suitable for traders who want to use automated trading systems or copy other traders.
Trading212 offers three types of accounts: CFD, Invest and ISA. The CFD account is suitable for traders who want to trade with leverage and access various markets. The Invest account is suitable for investors who want to buy and sell stocks and ETFs without leverage or commissions. The ISA account is similar to the Invest account but with tax benefits for UK residents.
HF Markets vs Trading212 Deposit Options Comparison
Both brokers offer multiple deposit and withdrawal options, including credit/debit cards, bank transfers, e-wallets and cryptocurrencies. However, the availability and fees of these options may vary depending on the country and the currency of the client.
HF Markets accepts deposits and withdrawals in USD, EUR, GBP, NGN, PLN, ZAR and BTC. HF Markets does not charge any fees for deposits or withdrawals, but third-party fees may apply. HF Markets processes deposits and withdrawals within 24 hours on business days.
Trading212 accepts deposits and withdrawals in USD, EUR, GBP, CAD, SEK, NOK, CHF and CZK. Trading212 does not charge any fees for deposits or withdrawals, but third-party fees may apply. Trading212 processes deposits and withdrawals within 2-3 business days.
HF Markets vs Trading212 Trading Platforms Comparison
Both brokers offer different trading platforms to suit different trading needs and preferences.
HF Markets supports MT4, MT5 and WebTrader platforms. MT4 and MT5 are popular and powerful platforms that offer advanced charting, technical analysis, automated trading and customization features. WebTrader is a web-based platform that offers a user-friendly interface and access to various markets. HF Markets also provides mobile apps for MT4 and MT5 for iOS and Android devices.
Trading212 has its own proprietary platform that is available on web and mobile devices. Trading212’s platform offers a simple and intuitive interface and access to various markets. Trading212’s platform also offers features such as fractional shares, pie trading, AutoInvest service, copy trading and social trading.
HF Markets vs Trading212 Analytical Tools Comparison
Both brokers offer various analytical tools to help their clients make informed trading decisions.
HF Markets provides 14 trading tools, such as Autochartist, Premium Trader Tools, VPS Hosting, Economic Calendar, Market News, Market Analysis, Webinars, eBooks, Videos and more.
Trading212 provides 10 trading tools, such as Economic Calendar, Market News, Market Analysis, Webinars, eBooks, Videos, Charts, Indicators, Drawing Tools and more.
HF Markets vs Trading212 . Which forex broker is better? Which forex broker should you choose?
The best forex broker for you depends on your personal preferences, trading style, goals and needs. At the same time , you can do more research, read reviews, try a demo account or even open a live account with both brokers to see which broker meets your expectations and requirements.
