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CMC Markets vs HFM (HF Markets) 2021

Is CMC Markets better than HFM (HF Markets)? In our analysis of 23 international regulators across 39 brokers, CMC Markets is considered low-risk, with an overall Trust Score of 99 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 CMC Markets HFM (HF Markets)
Overall 5 4
Commissions & Fees 5 3.5
Offering of Investments 5 4
Platforms & Tools 5 3.5
Mobile Trading Apps 5 4
Research 4.5 4
Education 4 3.5
Trust Score 99 85
CMC Markets Review HFM (HF Markets) Review
69% of retail CFD accounts lose money 72.03% of retail CFD accounts lose money
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Regulation

Feature CMC Markets HFM (HF Markets)
Trust Score 99 85
Year Founded
1989 2010
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
5 1
Tier-2 Licenses
1 3
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

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

Tier-2 Licenses (Average Trust)

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

Tier-3 Licenses (Low Trust)

Feature CMC Markets HFM (HF Markets)
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)
No Yes
VFSC Authorised (Vanuatu)
No No

Investments

Feature CMC Markets HFM (HF Markets)
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
11927 1066
Forex Pairs (Total)
158 47
US Stock Trading (Non CFD)
No No
Int'l Stock Trading (Non CFD)
Yes 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 CMC Markets HFM (HF Markets)
Average Spread EUR/USD - Standard
0.73 (August 2021) 1.2 (August 2021)
All-in Cost EUR/USD - Active
N/A 0.9 (August 2021)
Active Trader or VIP Discounts
Yes No
Execution: Agency Broker
No No
Execution: Market Maker
Yes No

Funding

Feature CMC Markets HFM (HF Markets)
Minimum Deposit
$0.00 $5
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

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

Trading Tools

Feature CMC Markets HFM (HF Markets)
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
9 7
Charting - Indicators / Studies (Total)
86 15
Charting - Drawing Tools (Total)
40 30
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes No

Mobile Trading

Feature CMC Markets HFM (HF Markets)
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
29 30
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes Yes

Research

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

Education

Feature CMC Markets HFM (HF Markets)
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 Yes
Investor Dictionary (Glossary)
Yes No

Major Forex Pairs

Feature CMC Markets HFM (HF Markets)
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 CMC Markets HFM (HF Markets)
Overall 5 4
Commissions & Fees 5 3.5
Offering of Investments 5 4
Platforms & Tools 5 3.5
Mobile Trading Apps 5 4
Research 4.5 4
Education 4 3.5
Trust Score 99 85
CMC Markets Review HFM (HF Markets) 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 CMC Markets vs HFM (HF Markets).

Does CMC Markets 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, CMC Markets offers better pricing overall for traders.

Is CMC Markets 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. CMC Markets holds 5 global Tier-1 licenses, while HFM (HF Markets) holds 1. HFM (HF Markets) holds 3 global Tier-2 licenses, while CMC Markets holds 1. In our analysis of 23 international regulators across 50 brokers, CMC Markets earned a higher Trust Score than HFM (HF Markets).

Which trading platform is better: CMC Markets or HFM (HF Markets)?
To compare the trading platforms of both CMC Markets and HFM (HF Markets), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, CMC Markets offers a better experience. With research, CMC Markets offers superior market research. Finally, we found CMC Markets 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. CMC Markets and HFM (HF Markets) both offer copy trading. Both CMC Markets and HFM (HF Markets) offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
CMC Markets provides traders 158 currency pairs (e.g., EUR/USD) compared to HFM (HF Markets)'s 47 available pairs. Forex pairs aside, CMC Markets offers traders access to 11927 CFDs while HFM (HF Markets) has 1066 available CFDs, a difference of 10,861.

Can I trust CMC Markets?
CMC Markets is publicly traded, does not operate a bank, and is authorised by five tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). CMC Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Investment Industry Regulatory Organization of Canada (IIROC), Monetary Authority of Singapore (MAS), Financial Markets Authority (FMA), and 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 CMC Markets good?
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.

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: CMC Markets

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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.

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