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DooPrime vs HFM 2022

Is DooPrime better than HFM? In our analysis of 23 international regulators across 39 brokers, DooPrime is considered average-risk, with an overall Trust Score of 82 out of 99. HotForex is considered average-risk, with an overall Trust Score of 85 out of 99. Learn more about Trust Score.

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Overall Rating expand_moreexpand_less DooPrime HFM
Overall Rating starstarstarstarstar starstarstarstarstar
Commissions & Fees starstarstarstarstar starstarstarstarstar
Offering of Investments starstarstarstarstar starstarstarstarstar
Platform & Tools starstarstarstarstar starstarstarstarstar
Mobile Trading starstarstarstarstar starstarstarstarstar
Research starstarstarstarstar starstarstarstarstar
Education starstarstarstarstar starstarstarstarstar
Trust Score 84 85
Regulation expand_moreexpand_less DooPrime HFM
Trust Score 84 85
Year Founded 2014 2010
Publicly Traded (Listed) No No
Bank No No
Tier-1 Licenses 2 1
Tier-2 Licenses 0 3
Tier-3 Licenses 2 1
Authorised in European Union No Yes
Tier-1 Licenses (High Trust) expand_moreexpand_less DooPrime HFM
ASIC Authorised (Australia) No No
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) Yes No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes Yes
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust) expand_moreexpand_less DooPrime HFM
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) No Yes
NSE 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) No Yes
Tier-3 Licenses (Low Trust) expand_moreexpand_less DooPrime HFM
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) Yes Yes
VFSC Authorised (Vanuatu) Yes No
Investments expand_moreexpand_less DooPrime HFM
Forex Trading Yes Yes
Trading - Forex or CFDs Yes Yes
Tradeable Symbols (Total) 10000 1066
Forex Pairs (Total) 60 47
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 (CFD) No Yes
Cost expand_moreexpand_less DooPrime HFM
Average Spread EUR/USD - Standard -1 1.2 (August 2021)
All-in Cost EUR/USD - Active -1 0.9 (August 2021)
Active Trader or VIP Discounts No No
Execution: Agency Broker Yes No
Execution: Market Maker Yes No
Funding expand_moreexpand_less DooPrime HFM
Minimum Initial Deposit $100 $5
Bank Wire (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
PayPal (Deposit/Withdraw) Yes No
Skrill (Deposit/Withdraw) Yes Yes
Trading Platforms expand_moreexpand_less DooPrime HFM
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) Yes Yes
cTrader No No
DupliTrade No No
ZuluTrade No No
Trading Tools expand_moreexpand_less 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 expand_moreexpand_less 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
Forex Calendar Yes Yes
Research expand_moreexpand_less 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
Economic Calendar Yes Yes
Education expand_moreexpand_less DooPrime HFM
Has 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 No
Major Forex Pairs expand_moreexpand_less 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
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DooPrime vs HFM Comparison

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 DooPrime vs HFM.

Does DooPrime or HFM 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, HFM offers better pricing overall for traders.

Is DooPrime or HFM 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. DooPrime holds 2 global Tier-1 licenses, while HFM holds 1.

Which trading platform is better: DooPrime or HFM?

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

How many forex pairs and CFDs are available to trade?

DooPrime provides traders 60 currency pairs (e.g., EUR/USD) compared to HFM's 47 available pairs. Forex pairs aside, DooPrime offers traders access to 10000 CFDs while HFM has 1066 available CFDs, a difference of 8934.

Can I trust DooPrime?

DooPrime is not publicly traded and does not operate a bank. DooPrime is authorised by three tier-1 regulator (high trust), one tier-2 regulators (average trust), and two tier-3 regulators (low trust). DooPrime is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC)

Can I trust HFM?

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 DooPrime good?

Is HFM 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: DooPrime

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