HF Markets vs FPMarkets Broker Comparison

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Are you trying to figure out which is a better broker, HF Markets or FPMarkets? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that FPMarkets is the better of the two. FPMarkets offers 10,000+ instruments, licenses from CySec, ASIC, and fair trading fees.

In the tables below, you can compare the features of HF Markets and FPMarkets side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked FPMarkets higher than HF Markets.

Methodology:
This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive.
HF-MarketsHF-MarketsHF-MarketsEasymarketsfpmarketsEasymarketsEasymarkets
OPEN ACCOUNTReviewReview
RATING94.3/10094.8/100
MIN. DEPOSIT50$100$
REGULATED BYuk south africa st-vincent-the-grenadineseurope australia
BONUSNo InformationNo Information
MIN. SPREAD0.11.1
MAX. LEVERAGE1:301:500
CURRENCY PAIRS5061
TRADING INSTRUMENTS16010,000+
TRADING PLATFORMSMT4, MT5, MobileMT4, MT5, Mobile, WebTrader
DEPOSIT METHODSBank transfer, Visa, Mastercard, Skrill, Netseller, SofortBank transfer, Visa, MasterCard, Skrill, Neteller, PayPal and more
TYPE OF BROKERSSTP/ECNSTP/ECN/DMA
CUSTOMER SUPPORT24/524/5
LANGUAGE SUPPORT2711
ESTABLISHED20102005, HQ in Sydney
USED BY2,000,000+ Traders100,000+ Traders

Does HF Markets or FPMarkets have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive HF Markets and FPMarkets are, we first considered the common fees on Standard Accounts. At HF Markets the average spread for the EUR/USD currency pair is 0.1 pips, whilst at FPMarkets the spread is 1.1.

This shows that HF Markets is the better option for low-cost forex trading.

When it comes to non-trading fees, HF Markets charges for inactivity. FPMarkets charges for deposit, withdrawal. With this in mind, HF Markets has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that HF Markets is the better option.

Trading Fees*

TYPE OF FEEHF MARKETSFPMARKETS
Minimum Spread EURUSD (pips)0.11.1
Commission (%)00
Commission on Islamic Accounts (%)00

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEEHF MARKETSFPMARKETS
Account FeesNN
Inactivity FeesYN
Deposit FeesNY
Withdrawal FeesNY

Which broker is safer, HF Markets or FPMarkets?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

HF Markets is regulated by FCA, FSCA, FSA(SVG), DFSA and offers client protection. FPMarkets is regulated by CySec, ASIC and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that is the safer broker.

Broker summary

HF MARKETSFPMARKETS
Minimum Deposit (USD $)50100
LicensesFCA, FSCA, FSA(SVG), DFSACySec, ASIC
Max. Leverage1:301:500
Client ProtectionYY
Broker TypeSTP/ECNSTP/ECN/DMA
Number of Instruments16010,000+
Currency Pairs5061
Stocks94410,000
Cryptocurrencies125
CFDsYY
Proprietary Trading PlatformNN
MT 4YY
MT 5YY
Mobile CompatibleYY
Research ToolsYY
Educational MaterialsYY
Payment MethodsBank transfer, Visa, Mastercard, Skrill, Netseller, SofortBank transfer, Visa, MasterCard, Skrill, Neteller, PayPal and more
24/5 Customer SupportYY
Live ChatYY

How many trading instruments are available at HF Markets and FPMarkets?

HF Markets provides traders with 160 instruments. This includes 50 currency pairs, 12 cryptocurrencies, and 944 stocks and shares. With HF Markets, you can also trade CFDs.

In comparison, FPMarkets boasts 10,000+ tradable instruments. FPMarkets offers 61 currency pairs, 5 cryptocurrencies, and 10,000 stocks and shares. FPMarkets also allows CFD trading.

As FPMarkets has 10,000+ and HF Markets has 160, a difference of 150, this shows that FPMarkets offers more opportunities to diversify your trading portfolio.

Markets and Products

INSTRUMENTHF MARKETSFPMARKETS
Currency Pairs5061
Commodities103
Precious Metals64
Indices2220
Stocks and Shares94410,000
Cryptocurrencies125
Options00
ETFs11

Which broker offers the best trading platform, HF Markets or FPMarkets?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

HF Markets provides you with the ability to trade via 3 trading platforms, and FPMarkets has 4 trading platforms. Both brokers also offer research and trading tools, however FPMarkets has more.

Overall, our experts agree that FPMarkets boasts the better trading platform offering.

Research Tools

TOOLHF MARKETSFPMARKETS
News (from top-tier sources)YY
Trading Signals and IndicatorsYY
Trade IdeasYY
Expert AnalysisYY
Autochartist ToolsYY
Sentiment ChartsYY
Economic CalendarYY

Which is better for beginners, HF Markets or FPMarkets?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that is the better broker for beginner traders as it offers a larger range of educational tools and materials. also has a minimum deposit of $.

Educational Features

FEATUREHF MARKETSFPMARKETS
Demo AccountYY
Platform Tutorial VideosYY
Educational PDFsYY
Live WebinarsYN
YouTube VideosYY
Trading AcademyYN
Trading GlossaryNY

Which broker is better overall?

Overall, our tested reviewing methodology proves that FPMarkets is the better broker in a range of key areas. You can learn more by reading our HF Markets and FPMarkets reviews.

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