Broker comparison

FBS vs.
HFM

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

HFM has a higher rating of 4/5 compared to FBS (3.8/5). HFM offers 8 instrument types, while FBS offers 6. The minimum deposit is lower at HFM with 0 $. FBS has been in the market since 2009, making it the more experienced provider. On spreads, FBS offers EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot, while HFM offers EUR/USD from 1.2 pip (Premium), 0.0 pip (Zero) + $6.00 per lot.

Global broker with low entry and copy trading

Multi-regulated broker with premium account types and HFcopy

At a glance

The key differences

Criterion
PlatformsMT4, MT5, FBS Trader AppMT4, MT5, HFM App
Product typesForex, Metals, Indices, Stocks CFDs, Crypto CFDs, EnergiesForex, Metals, Indices, Stocks CFDs, Commodities, Bonds CFDs, ETFs CFDs, Crypto CFDs
Options tradingNoNo
Fee modelFrom 0.7 pips (Standard), commission on ECN accountFrom 1.2 pips (Premium), from 0.0 pips + commission (Zero)
Minimum deposit5 $0 $
RegulationCySEC/ASIC/FSCCySEC/FCA/FSCA
More informationDetailsDetails

Platforms

FBS

MT4, MT5, FBS Trader App

HFM

MT4, MT5, HFM App

Product types

FBS

Forex, Metals, Indices, Stocks CFDs, Crypto CFDs, Energies

HFM

Forex, Metals, Indices, Stocks CFDs, Commodities, Bonds CFDs, ETFs CFDs, Crypto CFDs

Options trading

FBS

No

HFM

No

Fee model

FBS

From 0.7 pips (Standard), commission on ECN account

HFM

From 1.2 pips (Premium), from 0.0 pips + commission (Zero)

Minimum deposit

FBS

5 $

HFM

0 $

Regulation

FBS

CySEC/ASIC/FSC

HFM

CySEC/FCA/FSCA

More information

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

From 0.7 pips (Standard), commission on ECN account

Published fee
From 0.7 pips (Standard), commission on ECN account
Minimum deposit
5 $
Spread figure
EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot
See terms at provider

From 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
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexMetalsIndicesStocks CFDsCrypto CFDsEnergies
ForexMetalsIndicesStocks CFDsCommoditiesBonds CFDsETFs CFDsCrypto CFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

MT4 · MT5 · FBS Trader App

FBS provides MetaTrader 4 and MetaTrader 5 as proven trading platforms supporting Expert Advisors and comprehensive technical analysis. The proprietary FBS Trader App offers a simplified, mobile trading experience with integrated copy trading. MetaTrader 4 is particularly popular among Forex traders, while MetaTrader 5 offers expanded features for multi-asset trading.

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MT4 · 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 platform

Regulation & security

CySEC/ASIC/FSC

Regulatory information

CySEC/FCA/FSCA

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Global broker with low entry and copy trading

  • Very low minimum deposit ($5)
  • Copy trading available
  • Various account types
  • Headquartered in Belize
  • Limited product selection

Multi-regulated broker with premium account types and HFcopy

  • No minimum deposit
  • HFcopy copy trading platform
  • Various account types
  • Spreads higher on Standard account
  • Headquartered in St. Vincent

Find the broker that fits

FBS 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.
Open The Dealing Room

In-depth analysis

Accounts and spreads: Both are forex/CFD brokers with MT4, MT5 and their own app plus copy trading. Core costs are similar: FBS trades EUR/USD from 0.5 pip (Standard) or 0.0 pip (ECN) plus $6.00 per lot; HFM from 1.2 pip (Premium) or 0.0 pip (Zero) plus $6.00 per lot. Trading via a Zero/ECN account, you pay the same $6/lot commission at both; on the Standard/Premium account FBS at 0.5 pip is tighter than HFM's 1.2 pip.

Entry and products: FBS requires a very low $5 minimum deposit, while HFM requires no minimum deposit at all ($0). On the offering, HFM is broader: over 1,000 instruments including forex, metals, indices, stock CFDs, commodities, bond CFDs, ETF CFDs and crypto CFDs, whereas FBS is limited to forex, metals, indices, stock CFDs, crypto CFDs and energies. Neither offers options.

Regulation and verdict: HFM is CySEC-, FCA- and FSCA-regulated (headquartered in St. Vincent, founded 2010, rated 4.0/5); FBS is CySEC-, ASIC- and FSC-regulated (headquartered in Belize, founded 2009, 3.8/5). For safety-conscious traders, HFM's additional FCA license is a plus, as is the broader instrument range. FBS stays attractive for beginners on a very small budget thanks to the $5 deposit and tighter Standard spreads.

Your questions

Frequently asked questions

How do fees differ between FBS and HFM?
FBS: From 0.7 pips (Standard), commission on ECN account. 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: FBS or HFM?
FBS offers Forex, Metals, Indices, Stocks CFDs, Crypto CFDs, Energies. HFM offers Forex, Metals, Indices, Stocks CFDs, Commodities, Bonds CFDs, ETFs CFDs, Crypto CFDs.
How are FBS and HFM regulated?
The broker profiles list CySEC/ASIC/FSC for FBS and CySEC/FCA/FSCA for HFM. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is FBS or HFM better for beginners?
FBS lists a 5 $ minimum deposit and offers MT4, MT5, FBS Trader App. HFM lists 0 $ and offers MT4, MT5, HFM App. Compare usability, available products and costs for your intended use.
FBS vs HFM: Which broker is better overall?
The choice between FBS (3.8/5, 600 reviews) and HFM (4/5, 950 reviews) depends on your needs. FBS: Global broker with low entry and copy trading. HFM: Multi-regulated broker with premium account types and HFcopy.
How do spreads compare between FBS and HFM?
FBS offers typical spreads of EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot. 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 FBS or HFM charge an inactivity fee?
FBS: no inactivity fee. HFM: $5/month after 6 months of inactivity.

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