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Brokers / FXGT vs HFM
Broker comparison

FXGT vs HFM

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

3.7vs4.4
No user reviews yet No user reviews yet
CySEC, FSCA, FSA Seychelles, VFSC, FSC Mauritius
$5 min deposit
0 pips typical
vs
FCA, CySEC, FSCA, FSA Seychelles
$0 min deposit
0 pips typical
FXGTHFM
RegulationCySEC, FSCA, FSA Seychelles, VFSC, FSC MauritiusFCA, CySEC, FSCA, FSA Seychelles
Execution typeECNECN
Min deposit$5$0
Typical EUR/USD spread0 pips0 pips
LeverageUp to 1:5000Up to 1:2000
Spread typeVariableVariable
PlatformsMT4, MT5MT4, MT5, HFM App
Account typesStandard+, PRO, ECN Zero, OptimusCent, Zero, Premium, Pro
Deposit methodsCredit/Debit Card, Bank Transfer, Neteller, Bitwallet, Google Pay, Apple Pay, Sticpay, CryptocurrencyCredit/Debit Card, Bank Transfer, Skrill, Neteller, Local Deposit, Cryptocurrency
Withdrawal timeMost e-wallet and crypto withdrawals process within 24 hours; bank wire withdrawals take longer and can carry a fee where FXGT itself doesn't cover it.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.
FeesFXGT does not charge its own deposit fee and covers most withdrawal methods, though bank wire withdrawals can still carry a charge. An inactivity fee applies after roughly three months of dormancy, reported inconsistently across sources as either a one-time charge followed by a smaller monthly fee, or a single flat charge, worth confirming directly before leaving an account untouched.No deposit or withdrawal fees; a monthly inactivity fee applies after six months of dormancy.
Scalping allowedYesYes
Hedging allowedYesYes
EA / algo tradingYesYes
Copy tradingNoYes
Islamic accountYesYes
Free VPSYesYes
FXGT
+ Extremely low $5 minimum deposit across most account tiers
+ Leverage up to 1:5000 on the Optimus account, among the highest offered by any broker this site reviews
+ Cryptocurrency accepted directly as trading equity, not just as a deposit method
+ No internal deposit fee, and most withdrawal methods are fee-free
- No copy trading or PAMM service offered
- 1:5000 leverage is only available under FXGT's offshore entities, not the CySEC-regulated one
- Only MT4 and MT5 supported, no cTrader
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

FXGT and HFM post the same typical EUR/USD spread, 0 pips.

HFM has the lower barrier to entry, a $0 minimum deposit against $5 at FXGT.

HFM carries the higher FirstBuckFX rating, 4.4 out of 5 against 3.7 for FXGT.

On regulation, FXGT is overseen under CySEC, FSCA, FSA Seychelles, VFSC, FSC Mauritius, 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 FXGT review or the HFM review.

Who each is better for
HFM is the better fit for copy trading: Built-in copy or social trading support. That's not the case at FXGT.
HFM is the better fit for 10+ years track record: A trading history of at least a decade, verified against the broker's stated founding year. That's not the case at FXGT.
HFM is the better fit for 15+ years track record: One of the longer-standing names in retail forex, founded at least 15 years ago. That's not the case at FXGT.
Markets both brokers support
More on FXGT and HFM
Frequently asked
Which has the lower minimum deposit, FXGT or HFM?

HFM has the lower minimum deposit, at $0.

Is FXGT or HFM regulated?

FXGT is regulated under CySEC, FSCA, FSA Seychelles, VFSC, FSC Mauritius and HFM under FCA, CySEC, FSCA, FSA Seychelles. Check each broker's safety check page for regulator-by-regulator verification.

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FXGT
3.7
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HFM
4.4
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