Comparison of AvaTrade and HFM
| Feature | AvaTrade | HFM |
|---|---|---|
| Broker | ||
| Year Founded | 2006 | 2010 |
| Broker Type | MM | MM, STP |
| Dealing | B-book | B-book, A-book |
| Execution | Market | Market |
| Regulation | Central Bank of Ireland, KNF, FCA, BVIFSC, ASIC, FSCA, JFSA, JFFA, FSRA, ISA, CIRO | SVGFSA, FSCA, SFSA, CySEC, FCA, DFSA, CMA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⮕ Average |
| Maximum Leverage | 1:400 | 1:2000 |
| Minimum Deposit | $100 | $1 |
| Base Currencies | USD, EUR, GBP, CHF | USD, EUR, JPY, NGN |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PayPal | Bank Wire, Credit Card, Debit Card, Skrill, FasaPay, BitPay, Perfect Money, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT) |
| Inactivity Fee | $50 per month after 3 months | $5 per month after 6 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), The Investor Compensation Company DAC (ICCL) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF), Financialcommission.org |
| Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | AvaTrade Review | HFM Review |
About AvaTrade
AvaTrade is a well-established Forex and CFD broker recognized for its comprehensive trading platforms, diverse range of financial instruments, and robust regulatory framework. Founded in 2006, AvaTrade serves clients worldwide, offering access to major and minor currency pairs, commodities, indices, cryptocurrencies, and more. The broker supports multiple trading platforms, including the popular MetaTrader 4 and 5, as well as its proprietary AvaTradeGo app, catering to both desktop and mobile traders. AvaTrade is regulated by several reputable authorities, ensuring a high level of security and trust for its clients. Additionally, the broker provides a variety of account types to suit different trading styles and experience levels, along with extensive educational resources and customer support to assist traders in making informed decisions. With competitive spreads, flexible leverage options, and efficient withdrawal processes, AvaTrade stands out as a reliable choice for both novice and experienced Forex traders.
Pros
- Regulated by multiple top-tier financial authorities
- Offers MetaTrader 4, MetaTrader 5, and AvaTradeGo app
- Provides access to Forex, commodities, indices, and cryptocurrencies
- Extensive tutorials, webinars, and market analysis available
- Offers tight spreads across numerous trading instruments
- Free demo accounts available for practice trading
- Multilingual support available through various channels
Cons
- Maximum leverage may be lower than what some traders desire
- AvaTradeGo app offers fewer customization options
About HFM
HFM, previously known as HotForex, is a well-established online forex and CFD broker, renowned for its diverse range of trading instruments, competitive pricing, and user-friendly platforms. Founded in 2010, the broker is regulated by multiple reputable authorities, including the FCA, CySEC, and FSCA, ensuring a high standard of security and transparency for its clients. With access to over 1000 tradable assets, including forex, indices, commodities, and shares, HFM caters to both beginner and experienced traders, providing a seamless trading experience through platforms like MetaTrader 4, MetaTrader 5, and its proprietary app. One of HFM's standout features is its flexible account options, which include a zero-spread account for cost-conscious traders and a micro account for those looking to start small. The broker also offers robust educational resources, free market analysis, and a suite of advanced tools to support informed trading decisions. Coupled with tight spreads, swift execution, and responsive customer support available 24/5, HFM continues to solidify its reputation as a reliable choice for traders across the globe.
Pros
- Regulated by top-tier authorities (CySEC, FCA, FSCA, etc.)
- Wide range of Instruments
- Flexible account options
- Comprehensive educational resources
- Responsive customer support
Cons
- Inactivity fees
- Limited availability in some countries
AvaTrade & HFM Regulation
| Feature | AvaTrade | HFM |
|---|---|---|
Companies | Ava Trade EU Ltd, Ava Trade Markets Ltd, Ava Capital Markets Australia Pty Ltd, Ava Capital Markets Pty, Ava Trade Japan K.K., AVA Trade Middle East Ltd, ATrade Ltd, Friedberg Mercantile Group Ltd. | HF Markets (SV) Ltd, HF Markets SA (PTY) Ltd, HF Markets (Seychelles) Ltd, HF Markets Fintech Services Ltd, HF Markets (Europe) Ltd, HF Markets (UK) Ltd, HF Markets (DIFC) Ltd, HFM Investments Ltd |
Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya |
Regulators | Central Bank of Ireland, KNF, FCA, BVIFSC, ASIC, FSCA, JFSA, JFFA, FSRA, ISA, CIRO | SVGFSA, FSCA, SFSA, CySEC, FCA, DFSA, CMA |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), The Investor Compensation Company DAC (ICCL) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF), Financialcommission.org |
Investor Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | AvaTrade | HFM |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | — |
| Min Deposit | $100 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.6 | — |
| Fee | No | — |
| Max Leverage | 1:400 | — |
| Stop Out | 50% | — |
| Margin Call | 100% | — |
STP Account | ||
| Account Name | — | Premium |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.2 |
| Fee | — | No |
| Max Leverage | — | 1:2000 |
| Stop Out | — | 20% |
| Margin Call | — | 50% |
Zero Account | ||
| Account Name | — | Zero |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $6 per 1 lot |
| Max Leverage | — | 1:2000 |
| Stop Out | — | 20% |
| Margin Call | — | 50% |
Cent Account | ||
| Account Name | — | Cent |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.2 |
| Fee | — | No |
| Max Leverage | — | 1:2000 |
| Stop Out | — | 20% |
| Margin Call | — | 50% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | AvaTrade | HFM |
|---|---|---|
Base currencies | USD, EUR, GBP, CHF | USD, EUR, JPY, NGN |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PayPal | Bank Wire, Credit Card, Debit Card, Skrill, FasaPay, BitPay, Perfect Money, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT) |
Inactivity fee | $50 per month after 3 months | $5 per month after 6 months |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | AvaTrade | HFM |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | 0 ms | 2000 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | average |
Trading Assets
| Asset | AvaTrade | HFM |
|---|---|---|
Currencies | 53 | 53 |
Indices | 46 | 11 |
Stocks | 614 | 95 |
Cryptocurrencies | 20 | 40 |
Bonds | 2 | 3 |
Metals | 7 | 6 |
Energies | 5 | 2 |
Soft Commodities | 7 | 5 |
ETFs | 61 | 33 |
Education and Analytics
| Feature | AvaTrade | HFM |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Contests
| Feature | AvaTrade | HFM |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
- Virtual to RealStart Balance: $10000 · Prize Pool: $3,500 · Period: MonthlyLearn More
Customer Support
| Contact | AvaTrade | HFM |
|---|---|---|
Email | customer@avatrade.com | support@hfm.com |
Phone | +3228080310 | +442030978571 |
Telegram | Telegram | Telegram |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Which Broker is Better?
After comparing AvaTrade and HFM, AvaTrade comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.