T1Markets vs HFTrading Broker Comparison
Are you trying to figure out which is a better broker, T1Markets or HFTrading? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that HFTrading is the better of the two. HFTrading offers 350+ instruments, licenses from ASIC, NZFMA, and fair trading fees.
In the tables below, you can compare the features of T1Markets and HFTrading 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 HFTrading higher than T1Markets.
CySec
ASICDoes T1Markets or HFTrading 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 T1Markets and HFTrading are, we first considered the common fees on Standard Accounts. At T1Markets the average spread for the EUR/USD currency pair is 0.03 pips, whilst at HFTrading the spread is 2.2.
This shows that T1Markets is the better option for low-cost forex trading.
When it comes to non-trading fees, T1Markets charges for inactivity. HFTrading charges for inactivity, withdrawal. With this in mind, T1Markets has lower non-trading fees.
When our experts analyzed the specific costs of both brokers, we found that T1Markets is the better option.
*Based on Standard account type.
Which broker is safer, T1Markets or HFTrading?
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.
T1Markets is regulated by CySec and offers client protection. HFTrading is regulated by ASIC, NZFMA and offers client protection.
Considering these two factors, and the general reputation and history of both brokers, we believe that HFTrading is the safer broker.
How many trading instruments are available at T1Markets and HFTrading?
T1Markets provides traders with 350+ instruments. This includes 45 currency pairs, 30+ cryptocurrencies, and 108 stocks and shares. With T1Markets, you can also trade CFDs.
In comparison, HFTrading boasts 350+ tradable instruments. HFTrading offers 50 currency pairs, 51 cryptocurrencies, and 167 stocks and shares. HFTrading also allows CFD trading.
As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.
Which broker offers the best trading platform, T1Markets or HFTrading?
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.
T1Markets provides you with the ability to trade via 2 trading platforms, and HFTrading has 2 trading platforms, too. Both brokers also offer research and trading tools, however HFTrading has more.
Overall, our experts agree that HFTrading boasts the better trading platform offering.
Which is better for beginners, T1Markets or HFTrading?
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 HFTrading is the better broker for beginner traders as it offers a larger range of educational tools and materials. HFTrading also has a minimum deposit of $.
Which broker is better overall?
Overall, our tested reviewing methodology proves that HFTrading is the better broker in a range of key areas. You can learn more by reading our T1Markets and HFTrading reviews.
Competitive spread and leverage offering
Exclusive Offers
