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Broker comparison

Exness vs HFM

A side-by-side look at Exness and HFM on regulation, execution, minimum deposit and spreads, pulled straight from verified broker profiles.

★★★★★3.9vs★★★★★4.4

No user reviews yet No user reviews yet

FSA Seychelles

$10 min deposit

0.1 pips typical

FCA, CySEC, FSCA, FSA Seychelles

$0 min deposit

0 pips typical

	Exness	HFM
Regulation	FSA Seychelles	FCA, CySEC, FSCA, FSA Seychelles
Execution type	ECN	ECN
Min deposit	$10	$0
Typical EUR/USD spread	0.1 pips	0 pips
Leverage	Up to 1:2000	Up to 1:2000
Spread type	Variable	Variable
Platforms	MT4, MT5, Exness Trade App, WebTerminal	MT4, MT5, HFM App
Account types	Standard, Standard Cent, Pro, Raw Spread, Zero	Cent, Zero, Premium, Pro
Deposit methods	Credit/Debit Card, Bank Transfer, Skrill, Neteller, Cryptocurrency	Credit/Debit Card, Bank Transfer, Skrill, Neteller, Local Deposit, Cryptocurrency
Withdrawal time	E-wallet and cryptocurrency withdrawals are typically processed within minutes; card and bank transfers can take one to five business days depending on the receiving bank.	Requests submitted before 10:00 server time are typically processed the same business day; card withdrawals can take up to ten business days, bank transfers one to ten.
Fees	No deposit or withdrawal fees charged by Exness; card and bank-wire withdrawals may carry third-party processing charges.	No deposit or withdrawal fees; a monthly inactivity fee applies after six months of dormancy.
Scalping allowed	Yes	Yes
Hedging allowed	Yes	Yes
EA / algo trading	Yes	Yes
Copy trading	Yes	Yes
Islamic account	Yes	Yes
Free VPS	Yes	Yes

Exness

+ Regulated by five or more authorities including the FCA, CySEC, and FSCA, broader regulatory coverage than most brokers on this site

+ Leverage up to 1:2000 available under its offshore entities

+ Over 98% of withdrawal requests are processed automatically, often clearing in minutes

+ Free VPS hosting once an account meets Exness's eligibility volume

- Professional accounts (Pro, Raw Spread, Zero) require a $1,000 first deposit, far higher than the $10 Standard tier

- The 1:2000 leverage cap only applies under the offshore Seychelles, BVI, and Curaçao entities, not the FCA- or CySEC-regulated ones

- Holds an active FCA licence but does not currently onboard new UK retail clients through it

HFM

+ Regulated by four authorities including the FCA, CySEC, and FSCA, solid regulatory depth for a broker at this price point

+ HFcopy lets any account holder become a strategy provider or investor without a third-party bridge

+ 500+ tradable instruments across forex, shares, ETFs, bonds, metals, and crypto CFDs

+ $0 published minimum deposit, among the lowest entry points of any broker on this site

- A monthly inactivity fee begins after six months without trading activity and increases further after a year

- Leverage up to 1:2000 only applies under the Seychelles-regulated entity, not the FCA, CySEC, or FSCA ones

- Card withdrawals can take up to ten business days, slower than the e-wallet options

Verdict

HFM runs the tighter typical EUR/USD spread, 0 pips against 0.1 pips at Exness.

HFM has the lower barrier to entry, a $0 minimum deposit against $10 at Exness.

HFM carries the higher FirstBuckFX rating, 4.4 out of 5 against 3.9 for Exness.

On regulation, Exness is overseen under FSA Seychelles, while HFM operates under FCA, CySEC, FSCA, FSA Seychelles.

Both support MT4, MT5, so switching platforms isn't a factor either way.

For the full picture on either broker, read the Exness review or the HFM review.

Markets both brokers support

AUD/CAD

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AUD/CHF

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AUD/JPY

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AUD/NZD

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AUD/USD

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CAD/CHF

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CAD/JPY

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CHF/JPY

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