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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

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

Security 94

Cost 91

Cost 78

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

European Leverage ?

30:1

Australian Leverage ?

30:1

US Leverage ?

Canadian Leverage ?

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 ?

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

Natural Gas ?

1.10

0.035

Silver ?

0.03

0.3

Platinum ?

3.0

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

AUD/USD Average Spread

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

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

Nasdaq

2.08

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

Ethereum

Ripple

Litecoin

Bitcoin Cash

Dash

Monero

Neo

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 ?

Crypto ?

Commodities ?

Stocks ?

160

Indices ?

ETF ?

Futures ?

Options ?

Bonds ?

Metal ?

Agricultural ?

Energies ?

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

Maximum Trade Size ?

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 ?

Number Chart Drawing Tools ?

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, 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.