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HFM vs XM: Comparison and Analysis

Trying to figure out whether to use HFM or XM? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of HFM and XM side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
70.51% of retail investor accounts lose money
HFM review
Open Account
72,82% of retail investor accounts lose money
XM review

Overall Ratings


Rated
81
Rated
79

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • HFM
  • XM

Security 94
Security 94

Cost 86
Cost 74

Trading 69
Trading 66

Education 70
Education 81

Company Info


Foundation
2010
2009
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), de, es, fr, po, ru, tur, thai, ko, ind, viet, mal, it, tag
en, ar, chi(t/s), cz, de, es, fr, gre, hu, po, pol, ru, thai, ko, ind, viet, mal, it, tag

Leverage


Non-EU Leverage ?
1000:1
1000:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
0
0
Canadian Leverage ?
0
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
78414
5355
SimilarWeb - Total Visits
571140
12990000
Facebook Likes
1707
974312
Twitter Likes
24900
30300
Instagram Likes
44700

Deposit and Withdrawal


Minimum Deposit ?
5 USD
Minimum Withdraw ?
5
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
FasaPay, WebMoney, Bitpay, Bitcoin Cash
Deposit Waiting Time ?
up to 10 minutes
instant
Withdraw Waiting Time ?
2 business days
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
EUR, GBP, USD, ZAR, AED
AUD, EUR, GBP, USD, ZAR, CHF, HUF, PLN, RUB, SGD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
0.05
0.05
Natural Gas ?
1.10
0.035
Silver ?
0.03
0.3
Platinum ?
3.0
3
Copper ?
0.005
Soybeans ?
0.0275
Corn ?
0.0185
Gold ?
0.19
0.3

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
0.3
0.1
USD/JPY Average Spread
0.3
0.1
USD/CHF Average Spread
0.8
0.4
GBP/USD Average Spread
0.5
0.3
USD/CAD Average Spread
0.5
0.5
AUD/USD Average Spread
0.4
0.4
NZD/USD Average Spread
0.4
1.0
EUR/GBP Average Spread
0.4
0.3

Fees on Stocks


Apple
0.04
0.26
Facebook
0.55
0.15
Alphabet
0.86
2.77
Snapchat
0.06
BP
0.08
Tesco
0.5
0.0041
Barclays
0.5
0.0039
Lloyds
0.5
0.0012

Fees on Indices


FTSE100
1.18
1.5
S&P500
0.4
0.7
Dow Jones
2.8
1
Nasdaq
2.08
2
CAC40
1.0
1.8
DAX30
1.5
2.0
Nikkei 225
9.0
12.0
Euro Stoxx 50
2.6

Fees on Cryptocurrencies


Bitcoin
0
0
Ethereum
0
0
Ripple
0
0
Litecoin
0
0
Bitcoin Cash
0
0
Dash
0
0
Monero
0
0
Neo
0
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, ar, de, es, fr, gre, po, pol, ru, thai, ind, mal, it, chi
en, ar, de, es, fr, hu, po, pol, ru, swe, tur, thai, ko, ind, mal, it, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
51
57
Crypto ?
Commodities ?
9
15
Stocks ?
56
160
Indices ?
22
30
ETF ?
Futures ?
18
Options ?
Bonds ?
3
Metal ?
7
4
Agricultural ?
4
8
Energies ?
5
5
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
Agricultural, Blends, Bonds

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
0.01 lots
Maximum Trade Size ?
100 lots
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en
en, ar, chi(t/s), cz, de, es, fr, gre, hu, po, pol, ru, thai, ko, ind, viet, mal, it, tag

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

HFM vs XM: A Comprehensive Comparison

When choosing a broker, it’s essential to compare several factors, such as security, demo account, account opening, social-copy trading, markets, trading fees, platforms, education, and customer care. In this article, we’ll compare HFM and XM based on these factors.

Security

HFM and XM both have a security rating of 94, which means they are secure brokers. However, HFM is regulated by more bodies than XM, including FCA, CySEC, DFSA, FSCA, FSA (Seychelles), CMA, SVG.

Demo Account

HFM offers an unlimited demo account with $100,000 virtual funds, and the virtual funds can be replenished upon request. XM also offers an unlimited demo account with $100,000 virtual funds, but traders need to contact customer support to restore the virtual funds.

Account Opening

HFM requires a minimum deposit of $5 for the Micro account, $100 for Premium, $200 for Zero Spread and Auto accounts, and $500 for HFCOPY accounts. XM requires a minimum deposit of $5 for all account types. HFM offers more account types than XM, including Micro account, Premium account, Zero Spread account, Auto account, HFCOPY account, Islamic account, and Premium Pro account for advanced traders.

Social-Copy Trading

HFM offers social-copy trading through its HFCOPY service, available via MT4, WebTrader, and Mobile App. On the other hand, XM doesn’t offer social-copy trading.

Markets

HFM offers Forex, Commodities, Indices, Crypto assets, Stocks, ETFs, Futures, and Options, while XM offers Forex, Commodities, Indices, Stocks, and no crypto assets, ETFs, Futures, and Options. HFM offers more trading options than XM, making it a better choice for long-term investing.

Trading Fees

HFM and XM have variable spreads, but HFM offers spreads from 0.1 pip on Forex with its Zero Spread account, while XM offers spreads from 0 pip on Forex, lower than the market average. HFM doesn’t charge commissions, while XM charges up to $7 per lot traded. The trading fees depend on the account type chosen by the trader.

Platforms

HFM offers its proprietary platform, HFM App via Mobile, and MetaTrader 4 (MT4) and MetaTrader 5 (MT5) via web, desktop, and mobile devices. XM offers only MT4 and MT5 via webtrader, desktop, and mobile devices. All platforms offered by HFM and XM allow traders to engage in algo trading, and both brokers offer VPS services.

Education/Customer Care

Both HFM and XM offer extensive educational material, including articles, video tutorials, webinars, eBooks, market analysis, trading lessons, platform lessons, and much more. Both brokers offer customer care 24/5 via email, live chat, and phone in over 20 languages, with XM offering over 21 languages.

Conclusion

In conclusion, HFM and XM are both secure brokers with unlimited demo accounts and various account opening options. However, HFM offers more account types and social-copy trading, while XM offers lower spreads, no commissions, and a better choice for scalping. HFM offers more trading options, making it a better choice for long-term investing, while XM offers extensive educational material and customer care in more languages. Ultimately, traders should choose a broker that meets their specific needs and preferences.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
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