Written by ForexBrokers.com
In this head to head comparison of DooPrime vs HFM, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing the online brokers DooPrime and HFM, it's essential to look at their regulatory credentials. DooPrime, founded in 2014, holds four Tier-1 licenses, which ForexBrokers.com considers highly trusted. However, it has no Tier-2 licenses. In contrast, HFM, established in 2010, has two Tier-1 licenses and three Tier-2 licenses, providing a solid backing in terms of trusted regulatory oversight. Neither DooPrime nor HFM are publicly traded or banks.
In terms of trust, based on Trust Score ratings from ForexBrokers.com, DooPrime receives a score of 83, placing it in the trusted category. HFM, however, edges slightly ahead with a score of 86, also in the trusted category but closer to being highly trusted. These scores indicate that both platforms offer a reliable environment for traders, with HFM having a slight upper hand in regulatory trust.
| Feature |
DooPrime
|
HFM
|
|---|---|---|
| Year Founded | 2014 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 0 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
Comparing commissions and fees, HFM earns 4 out of 5 stars and ranks #32 of 63 on ForexBrokers.com, while DooPrime earns 3 out of 5 stars and ranks #60 of 63. HFM’s score suggests a better overall value on trading costs than DooPrime, though it’s still described as slightly above the industry average. DooPrime’s lower ranking and rating are weighed down by limited transparency.
HFM says its Standard account typically shows 1.2 pips, but no date range is provided, so that figure isn’t an average and real spreads may be wider. Its Zero account can deliver an effective 0.7 pips after commission, yet that number also isn’t an average. DooPrime does not provide average spread data at all, making it difficult to estimate day‑to‑day costs. Traders considering either broker should check live quotes and account-specific commissions before deciding.
| Feature |
DooPrime
|
HFM
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.7 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
DooPrime and HFM both let you trade forex via CFDs or spot. DooPrime lists around 10,000 tradeable symbols, while HFM offers about 500. For currency traders, HFM carries 102 forex pairs, more than DooPrime’s 60. Beyond forex, DooPrime also lets clients buy real shares on U.S. and international exchanges (not CFDs), which HFM does not. Both brokers support copy trading. Neither broker lets you buy actual, delivered cryptocurrency, but HFM does offer crypto derivatives (CFDs), whereas DooPrime does not.
If you want the widest overall range of investments, DooPrime stands out for its large symbol list and direct access to U.S. and global stocks. If your priority is a deeper list of currency pairs or crypto CFDs, HFM has an edge there. Reflecting these differences, ForexBrokers.com rates DooPrime 5 stars for Range of Investments and ranks it 13th out of 63 brokers, compared with HFM’s 4-star rating and 37th-place ranking.
| Feature |
DooPrime
|
HFM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 500 |
| Forex Pairs (Total) | 60 | 102 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | No | Yes |
| Disclaimers | 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). |
Dive deeper: Best Copy Trading Platforms.
DooPrime and HFM cover all the platform basics traders expect. Both offer free demo (paper) accounts, in-house proprietary platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), Windows desktop downloads, and web-based platforms. Copy trading is available with each, and you can place trades directly from charts. Neither connects to DupliTrade or ZuluTrade. For charting, DooPrime lists 15 drawing tools while HFM lists 30; the exact number of technical indicators isn’t specified and can vary by platform.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, yet DooPrime ranks higher overall (#25 of 63) than HFM (#43 of 63) at ForexBrokers.com. If you want more built-in drawing tools, HFM may suit you; if overall platform-tool ranking matters, DooPrime has the edge. Either way, you’ll find familiar platforms, desktop and web access, copy trading, and a free demo to practice before you trade live.
| Feature |
DooPrime
|
HFM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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 |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
DooPrime and HFM both deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts and lets you build watchlists with real-time quotes. For charting, both provide 30 technical studies, the ability to draw trendlines, switch among multiple time frames (like intraday, daily, and weekly), and automatically save your chart drawings. A notable gap for both: watchlist symbol syncing is not available, so changes on mobile won’t sync with your online account.
In terms of recognition, both apps earn 4 stars for Mobile Trading Apps. However, ForexBrokers.com ranks DooPrime higher at #25 out of 63 brokers, while HFM sits at #40. With very similar on-the-go features, your choice between DooPrime and HFM may hinge on this ranking or other broker-specific factors beyond the app itself.
| Feature |
DooPrime
|
HFM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
DooPrime and HFM both cover essential market research needs: daily market commentary, top-tier forex news (from sources like Bloomberg, Reuters, or Dow Jones), and an economic calendar. Each holds a 4-star Research rating from ForexBrokers.com, though HFM ranks higher overall (#20 of 63) than DooPrime (#30 of 63).
Their toolsets differ. HFM includes Autochartist and a sentiment tool that shows long/short ratios, while DooPrime offers Trading Central analytics. HFM does not provide Trading Central, and DooPrime does not include Autochartist or a sentiment tool. DooPrime’s access to TipRanks or Acuity Trading isn’t specified; HFM does not offer either. Choose HFM if Autochartist and sentiment data matter to you, or pick DooPrime if you prefer Trading Central insights.
| Feature |
DooPrime
|
HFM
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners between DooPrime and HFM, both online brokers provide a range of materials, including articles, videos, and archived webinars focusing on forex and CFDs. This makes it easy for newcomers to grasp the essentials of these trading instruments. Each broker also offers a wide selection of beginner-friendly videos, ensuring that new traders have access to a wealth of information right from the start. Both DooPrime and HFM maintain a strong presence with 4-star ratings for educational offerings, showcasing their commitment to supporting beginners through quality resources.
However, when it comes to interactive learning, HFM stands out with its monthly online webinars and a searchable archive of past sessions for continued learning. This makes HFM an attractive choice for those who prefer a more interactive, ongoing educational experience. Additionally, HFM includes a comprehensive investor dictionary with over 50 trading terms, providing a valuable reference for beginners seeking to expand their knowledge base. Despite these differences, DooPrime maintains a higher ranking of #25 in the education category compared to HFM's #37, as rated by ForexBrokers.com, reflecting its relative effectiveness in meeting educational needs.
| Feature |
DooPrime
|
HFM
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that DooPrime is better than HFM. DooPrime finished with an overall rank of #28, while HFM finished with an overall rank of #30.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
| Feature |
DooPrime
|
HFM
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 83 | 86 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
While both DooPrime and HFM do not provide the option to purchase actual delivered cryptocurrencies, HFM differentiates itself by offering the capability to invest in cryptocurrency derivatives, unlike DooPrime.
When comparing the deposit and withdrawal options available at online brokers DooPrime and HFM, both offer Skrill, Visa, Mastercard, and bank wire services, but only DooPrime provides PayPal, while neither supports ACH or SEPA transfers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | DooPrime | HFM | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 86 | |
| Winner | check_circle | ||
| Review | HFM Review |
| Broker Screenshots | DooPrime | HFM | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | DooPrime | HFM | |
|---|---|---|---|
| Trust Score | 83 | 86 | |
| Year Founded | 2014 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 0 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | HFM | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | DooPrime | HFM | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | DooPrime | HFM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 500 | |
| Forex Pairs (Total) | 60 | 102 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | No | Yes | |
| Disclaimers | 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 | DooPrime | HFM | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.7 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | DooPrime | HFM | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | DooPrime | HFM | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | DooPrime | HFM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | DooPrime | HFM | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | DooPrime | HFM | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | HFM | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | DooPrime | HFM | |
|---|---|---|---|
| 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 | |
| Review | HFM Review |
| Overall | DooPrime | HFM | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 86 | |
| Winner | check_circle | ||
| Review | HFM Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill