ExnessFrom 0.0 pips (Raw Spread), spread-based (Standard)
- Published fee
- From 0.0 pips (Raw Spread), spread-based (Standard)
- Minimum deposit
- 10 $
- Spread figure
- EUR/USD from 0.0 pip (Raw Spread/Zero) + $3.50 per lot, 0.3 pip (Standard)
Broker comparison
Exness vs.
HFM
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonExness
HFMVS
Summary
Your goal decides
Exness and HFM (HotForex) are global forex/CFD brokers. Exness offers very tight spreads, unlimited leverage on eligible accounts and fast withdrawals, while HFM scores with many account types, bonuses and strong support. For lowest costs, Exness usually leads.
ExnessHigh-volume broker with instant withdrawals and low spreads
HFMMulti-regulated broker with premium account types and HFcopy
At a glance
The key differences
| Criterion | Exness | HFM |
|---|---|---|
| Platforms | MT4, MT5, Exness Terminal, Exness Trade App | MT4, MT5, HFM App |
| Product types | Forex, Metals, Crypto CFDs, Indices, Stocks CFDs, Energies | Forex, Metals, Indices, Stocks CFDs, Commodities, Bonds CFDs, ETFs CFDs, Crypto CFDs |
| Options trading | No | No |
| Fee model | From 0.0 pips (Raw Spread), spread-based (Standard) | From 1.2 pips (Premium), from 0.0 pips + commission (Zero) |
| Minimum deposit | 10 $ | 0 $ |
| Regulation | FCA/CySEC/FSA | CySEC/FCA/FSCA |
| More information | Details | Details |
Platforms
Exness
MT4, MT5, Exness Terminal, Exness Trade App
HFM
MT4, MT5, HFM App
Product types
Exness
Forex, Metals, Crypto CFDs, Indices, Stocks CFDs, Energies
HFM
Forex, Metals, Indices, Stocks CFDs, Commodities, Bonds CFDs, ETFs CFDs, Crypto CFDs
Options trading
Exness
No
HFM
No
Fee model
Exness
From 0.0 pips (Raw Spread), spread-based (Standard)
HFM
From 1.2 pips (Premium), from 0.0 pips + commission (Zero)
Minimum deposit
Exness
10 $
HFM
0 $
Regulation
Exness
FCA/CySEC/FSA
HFM
CySEC/FCA/FSCA
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
ExnessHFMFrom 1.2 pips (Premium), from 0.0 pips + commission (Zero)
- Published fee
- From 1.2 pips (Premium), from 0.0 pips + commission (Zero)
- Minimum deposit
- 0 $
- Inactivity
- $5/month after 6 months of inactivity
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
ExnessCheck the provider’s execution policy and available order types for your account.
Provider informationHFMCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
ExnessForexMetalsCrypto CFDsIndicesStocks CFDsEnergies
HFMForexMetalsIndicesStocks CFDsCommoditiesBonds CFDsETFs CFDsCrypto CFDs
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
ExnessMT4 · MT5 · Exness Terminal · Exness Trade App
Exness offers MetaTrader 4 and MetaTrader 5 as proven trading platforms with full EA support and algorithmic trading. The proprietary Exness Terminal is a web-based platform with a modern interface and intuitive operation. The Exness Trade App enables mobile trading with complete account management. All platforms support the instant order execution for which Exness is known.
Explore platformHFMMT4 · MT5 · HFM App
HFM offers MetaTrader 4 and MetaTrader 5 as proven trading platforms with full EA support, advanced charting tools, and automated trading. The HFM App enables mobile trading with full functionality. The HFcopy platform is specifically designed for social and copy trading, enabling automatic copying of strategy providers. All platforms provide access to over 1,000 instruments.
Explore platformExness
Exness international entity (e.g. Exness (SC) Ltd, Seychelles) – not verified this run
- Supervisor
- FSA Seychelles (not verified)
- Investor compensation
- No EU investor compensation (offshore entity); not verified for this entity
- Cash
- No deposit guarantee; segregation not verified for this entity
HFM
HF Markets (Europe) Ltd (Cyprus)
- Supervisor
- CySEC
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
ExnessOnly for traders outside the EU: Exness serves retail clients through international entities, and its EU entity takes professional clients only. ESMA protections and EU investor compensation therefore do not apply.
- Instant withdrawals
- Very low minimum deposit ($10)
- High leverage available (up to 1:Unlimited)
- No real stocks
- High leverage can be risky
HFMThe right one of the two for EU retail clients: HF Markets (Europe) is CySEC-regulated, with ESMA leverage caps, negative balance protection and investor compensation up to €20,000.
- No minimum deposit
- HFcopy copy trading platform
- Various account types
- Spreads higher on Standard account
- Headquartered in St. Vincent
Find the broker that fits
Exness oder HFM?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Exness and HFM do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Who is on the other side?
Whether your order leaves the building or stops at the desk
Open the lesson →Taking the other side
What it means when the broker holds the other side itself
Open the lesson →The fill you actually get
Why the price on screen and the price you get are not the same
Open the lesson →In-depth analysis
Entry and fees: HFM asks for no minimum deposit at all and Exness for $10 — in practice both low enough not to decide anything. What a raw-spread account actually costs is the more interesting question. Both start at 0.0 pip on EUR/USD, but the commission separates them: Exness charges $3.50 per lot, HFM $6.00 per lot on the Zero account. Stay on the standard tier instead and Exness charges from 0.3 pip against HFM's 1.2 pip on the Premium account. On both account models, then, the arithmetic favours Exness. For longer breaks, HFM charges $5 a month after six months of inactivity; no inactivity fee is listed in the Exness record.
Products and platforms: Both are MetaTrader houses — MT4 and MT5 on either side, plus the Exness Terminal and Trade App on one and the HFM App on the other. On instruments HFM is the broader of the two: alongside forex, metals, indices, stock CFDs, commodities and crypto CFDs it adds bond CFDs and ETF CFDs, which Exness does not carry. Neither offers options trading. Only Exness states an execution figure — around 25 ms — while HFM lists none; HFM in turn brings HFcopy, a copy-trading platform Exness does not list.
Profile and verdict: Exness (4.2/5 from 1,400 reviews) was founded in 2008, sits in Limassol and is triple-regulated by the FCA, CySEC and FSA; instant withdrawals are a stated strength and the very high leverage available an equally stated risk. HFM (4.0/5 from 950 reviews) has run since 2010, is regulated by CySEC, the FCA and the FSCA, but is headquartered in St. Vincent. If you trade raw spreads and want the lower running cost, Exness is the better fit; if you need bond or ETF CFDs, or want copy trading, only HFM has them.
Your questions
Frequently asked questions
How do fees differ between Exness and HFM?
Exness: From 0.0 pips (Raw Spread), spread-based (Standard). HFM: From 1.2 pips (Premium), from 0.0 pips + commission (Zero). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Exness or HFM?
Exness offers Forex, Metals, Crypto CFDs, Indices, Stocks CFDs, Energies. HFM offers Forex, Metals, Indices, Stocks CFDs, Commodities, Bonds CFDs, ETFs CFDs, Crypto CFDs.
How are Exness and HFM regulated?
The broker profiles list FCA/CySEC/FSA for Exness and CySEC/FCA/FSCA for HFM. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Exness or HFM better for beginners?
Exness lists a 10 $ minimum deposit and offers MT4, MT5, Exness Terminal, Exness Trade App. HFM lists 0 $ and offers MT4, MT5, HFM App. Compare usability, available products and costs for your intended use.
Exness vs HFM: Which broker is better overall?
The choice between Exness (4.2/5, 1400 reviews) and HFM (4/5, 950 reviews) depends on your needs. Exness: High-volume broker with instant withdrawals and low spreads. HFM: Multi-regulated broker with premium account types and HFcopy.
How do spreads compare between Exness and HFM?
Exness offers typical spreads of EUR/USD from 0.0 pip (Raw Spread/Zero) + $3.50 per lot, 0.3 pip (Standard). HFM offers EUR/USD from 1.2 pip (Premium), 0.0 pip (Zero) + $6.00 per lot. Tighter spreads reduce trading costs especially for active trading.
Do Exness or HFM charge an inactivity fee?
Exness: no inactivity fee. HFM: $5/month after 6 months of inactivity.
Your next step
Your next step
ExnessHigh-volume broker with instant withdrawals and low spreads
Open accountRead reviewHFMMulti-regulated broker with premium account types and HFcopy
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.