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HFM (HF Markets) vs BDSwiss 2021

Is BDSwiss better than HFM (HF Markets)? In our analysis of 23 international regulators across 39 brokers, BDSwiss is considered average-risk, with an overall Trust Score of 83 out of 99. HotForex is considered average-risk, with an overall Trust Score of 85 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature HFM (HF Markets) BDSwiss
Overall 4 4
Commissions & Fees 3.5 4
Offering of Investments 4 4
Platforms & Tools 3.5 4
Mobile Trading Apps 4 4
Research 4 4
Education 3.5 4
Trust Score 85 83
HFM (HF Markets) Review BDSwiss Review
72.03% of retail CFD accounts lose money
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Regulation

Feature HFM (HF Markets) BDSwiss
Trust Score 85 83
Year Founded
2010 2012
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
1 2
Tier-2 Licenses
3 1
Tier-3 Licenses
1 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature HFM (HF Markets) BDSwiss
ASIC Authorised (Australia)
No No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
CBI Authorised (Ireland)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No
FMA Authorised (New Zealand)
No No

Tier-2 Licenses (Average Trust)

Feature HFM (HF Markets) BDSwiss
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes Yes
SEBI Authorised (India)
No No
ISA Authorised (Israel)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
Yes No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
Yes No

Tier-3 Licenses (Low Trust)

Feature HFM (HF Markets) BDSwiss
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
Cayman Islands Monetary Authority (CIMA)
No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
Yes Yes
VFSC Authorised (Vanuatu)
No No

Investments

Feature HFM (HF Markets) BDSwiss
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
1066 1081
Forex Pairs (Total)
47 51
US Stock Trading (Non CFD)
No No
Int'l Stock Trading (Non CFD)
No No
Social Trading / Copy-Trading
Yes Yes
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Crypto Disclaimer (UK) Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Cost

Feature HFM (HF Markets) BDSwiss
Average Spread EUR/USD - Standard
1.2 (August 2021) 1.5 (Jul 2021)
All-in Cost EUR/USD - Active
0.9 (August 2021) 1.1 (Jul 2021)
Active Trader or VIP Discounts
No Yes
Execution: Agency Broker
No Yes
Execution: Market Maker
No No

Funding

Feature HFM (HF Markets) BDSwiss
Minimum Deposit
$5 $100-$5000 (depending on account type)
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature HFM (HF Markets) BDSwiss
Proprietary Platform
No Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes Yes
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature HFM (HF Markets) BDSwiss
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
15 30
Charting - Drawing Tools (Total)
30 15
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
No Yes

Mobile Trading

Feature HFM (HF Markets) BDSwiss
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
30 30
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No

Research

Feature HFM (HF Markets) BDSwiss
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Autochartist
Yes Yes
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes

Education

Feature HFM (HF Markets) BDSwiss
Has Education - Forex or CFDs
Yes Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
No Yes

Major Forex Pairs

Feature HFM (HF Markets) BDSwiss
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature HFM (HF Markets) BDSwiss
Overall 4 4
Commissions & Fees 3.5 4
Offering of Investments 4 4
Platforms & Tools 3.5 4
Mobile Trading Apps 4 4
Research 4 4
Education 3.5 4
Trust Score 85 83
HFM (HF Markets) Review BDSwiss Review

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare BDSwiss vs HFM (HF Markets).

Does BDSwiss or HFM (HF Markets) offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, BDSwiss offers better pricing overall for traders.

Is BDSwiss or HFM (HF Markets) safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. BDSwiss holds 2 global Tier-1 licenses, while HFM (HF Markets) holds 1. HFM (HF Markets) holds 3 global Tier-2 licenses, while BDSwiss holds 1. In our analysis of 23 international regulators across 50 brokers, HFM (HF Markets) earned a higher Trust Score than BDSwiss.

Which trading platform is better: BDSwiss or HFM (HF Markets)?
To compare the trading platforms of both BDSwiss and HFM (HF Markets), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, BDSwiss offers a better experience. With research, HFM (HF Markets) offers superior market research. Finally, we found BDSwiss to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. BDSwiss and HFM (HF Markets) both offer copy trading. Both BDSwiss and HFM (HF Markets) offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
BDSwiss provides traders 51 currency pairs (e.g., EUR/USD) compared to HFM (HF Markets)'s 47 available pairs. Forex pairs aside, BDSwiss offers traders access to 1081 CFDs while HFM (HF Markets) has 1066 available CFDs, a difference of 15.

Can I trust BDSwiss?
BDSwiss is not publicly traded and does not operate a bank. BDSwiss is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). BDSwiss is authorised by the following tier-1 regulator: the Financial Conduct Authority (FCA).

Can I trust HFM (HF Markets)?
HotForex is not publicly traded and does not operate a bank. HotForex is authorised by one tier-1 regulator (high trust), three tier-2 regulators (average trust), and one tier-3 regulator (low trust). HotForex is authorised by the following tier-1 regulator: Financial Conduct Authority (FCA).

Is BDSwiss good?
The BDSwiss brand caters to over 1.6 million registered forex and CFD traders, and offers the full MetaTrader platform suite alongside its own proprietary mobile app. BDSwiss demonstrates good order execution statistics and provides access to over 1,000 tradable symbols – though its spreads are higher than industry leaders.

Is HFM (HF Markets) good?
Alongside its enhanced MetaTrader offering and quality research, HFM (HF Markets), previously known as HotForex, offers a proprietary copy trading platform, HFcopy, and provides a decent selection of over 1,000 CFDs and 47 forex pairs. Still, trading costs at HFM are slightly above the industry average, and its HF mobile app does not yet support trading.

Overall winner: HFM (HF Markets)

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