Written by ForexBrokers.com
In this head to head comparison of HFM vs Libertex (Forex Club), 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.
Founded in 2010, HFM is a private non-bank broker with a ForexBrokers.com Trust Score of 86, indicating a strong level of trust. HFM holds two Tier-1 licenses and three Tier-2 licenses, placing it in a trusted category among online brokers. Although not publicly traded, HFM is regarded as a reliable choice for traders due to its strong regulatory backing.
In contrast, Libertex (Forex Club), established in 1997, also operates as a private non-bank broker but has a ForexBrokers.com Trust Score of 73, categorizing it as average risk. While it holds one Tier-1 license, Libertex does not have any Tier-2 licenses. This regulatory profile suggests that while it has some credibility, it does not match HFM in terms of regulatory strength and trustworthiness.
| Feature |
HFM
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2010 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Comparing commissions and fees, HFM provides clearer spread guidance than Libertex (Forex Club), though both have caveats. HFM’s trading costs sit slightly above the industry average, while Libertex does not publish average spread data, making it harder to gauge typical costs. For this category, HFM earns 4 out of 5 stars and ranks #32 of 63 brokers on ForexBrokers.com; Libertex earns 3 out of 5 stars and ranks #63 of 63.
HFM reports a typical spread of 1.2 pips on its standard accounts, but it doesn’t provide a date range, so the true average may be higher. Its Zero account lists an effective 0.7 pips after commission, yet that figure also isn’t presented as a long-term average. Overall, expect slightly above-average pricing from HFM despite its competitive Zero account headline.
Libertex (Forex Club) does not offer average spread figures, limiting price transparency for traders comparing day-to-day costs. Reflecting this and its overall fee profile, Libertex is rated 3 out of 5 stars for commissions and fees and ranks #63 of 63 brokers in this category on ForexBrokers.com.
| Feature |
HFM
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.7 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HFM vs Libertex (Forex Club): both support forex trading as CFDs or spot. HFM offers a wider range, with 500 tradeable symbols and 102 forex pairs, while Libertex lists 300 symbols and 51 forex pairs. Neither broker provides access to exchange-traded stocks on U.S. or international exchanges (non-CFDs). Both include copy trading for those who want to follow other traders’ strategies.
For crypto, neither broker sells actual coins, but both let you trade cryptocurrency derivatives. In our Range of Investments ratings, HFM scores 4 stars and ranks #37 out of 63 brokers on ForexBrokers.com, while Libertex (Forex Club) earns 3.5 stars and ranks #54. If you value a broader selection of markets and forex pairs, HFM has the edge; if you’re fine with a smaller lineup and similar features, Libertex can still fit the bill.
| Feature |
HFM
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 500 | 300 |
| Forex Pairs (Total) | 102 | 51 |
| U.S. 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 (Derivative) | Yes | 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.
HFM vs Libertex (Forex Club): both online brokers check key boxes for platform access and ease of use. Each offers a free demo account, a proprietary platform, and both web-based and Windows desktop platforms. MetaTrader 4 (MT4) is available at both, while HFM also supports MetaTrader 5 (MT5) and Libertex does not. Copy trading is available with both brokers, though neither integrates DupliTrade or ZuluTrade.
On tools, both let you trade directly from charts, provide 30 drawing tools, and support watchlists with seven columns. Their platforms include popular technical indicators for chart analysis. According to ForexBrokers.com, both HFM and Libertex earn 4 stars for Trading Platforms and Tools; HFM is ranked 43rd out of 63 brokers, while Libertex is ranked 51st.
| Feature |
HFM
|
Libertex (Forex Club)
|
|---|---|---|
| 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 | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 15 | 15 |
| Charting - Drawing Tools (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HFM and Libertex (Forex Club) both deliver capable mobile trading apps for iPhone and Android. Each supports price alerts, real-time quote watchlists, 30 built-in technical studies, trendline drawing, and multiple chart time frames, making it easy to track markets and analyze setups on the go. Both apps earned 4-star ratings for mobile trading, with HFM ranked #40 out of 63 brokers by ForexBrokers.com and Libertex ranked #50.
The main differences come down to syncing and chart annotations. Libertex (Forex Club) syncs watchlists between the mobile app and your online account so changes carry across devices, while HFM does not. Conversely, HFM automatically saves chart drawings, whereas Libertex does not. If cross-device watchlist syncing is your priority, choose Libertex; if keeping your chart notes intact matters more, HFM is the better fit.
| Feature |
HFM
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
If market research is a priority, HFM edges out Libertex (Forex Club). HFM provides daily market commentary, forex news from top-tier sources, Autochartist-powered technical analysis, a sentiment tool that shows long/short positioning, and an economic calendar. Libertex delivers headline forex news and an economic calendar, but does not include daily commentary, Autochartist, or a sentiment tool; neither broker offers Trading Central. Availability of TipRanks or Acuity Trading (Signal Centre) for Libertex isn’t specified.
Independent ratings reflect the gap: HFM earns 4/5 stars and ranks #20 out of 63 brokers for Research on ForexBrokers.com, while Libertex scores 3/5 stars and ranks #62. In short, HFM suits traders who want more built-in analysis and market insights, whereas Libertex covers the basics with news and an economic calendar.
| Feature |
HFM
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
HFM and Libertex (Forex Club) both provide forex and CFD education with at least 10 learning pieces, but HFM offers a fuller path for beginners. HFM runs monthly client webinars and keeps a searchable archive of past sessions, so you can learn live or on your own schedule. It also has at least 10 beginner-focused videos, a large set of advanced videos, and an investor dictionary with 50+ terms to help you understand trading language. Libertex delivers core education and has a solid set of advanced videos, but it does not host monthly webinars, has no webinar archive, offers fewer than 10 beginner videos, and does not provide an investor dictionary.
These differences show up in independent ratings: HFM earns 4 stars for Education and ranks #37 out of 63 brokers on ForexBrokers.com, while Libertex holds 3 stars and ranks #58. If you’re a new trader seeking structured learning—webinars, beginner videos, and a handy glossary—HFM is likely the better fit. If you already have some experience and mainly want advanced video content, Libertex can still work.
| Feature |
HFM
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that HFM is better than Libertex (Forex Club). HFM finished with an overall rank of #30, while Libertex (Forex Club) finished with an overall rank of #61.
Alongside its enhanced MetaTrader offering and quality research, HFM (HF Markets), previously known as HotForex, offers a proprietary copy trading platform, HFcopy, a proprietary HF mobile app, and a decent selection of over 1,000 CFDs and 47 forex pairs. Still, trading costs at HFM are slightly above the industry average.
| Feature |
HFM
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 86 | 73 |
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Both HFM and Libertex (Forex Club) do not offer the ability to purchase actual delivered cryptocurrency, but they do provide options to buy cryptocurrency derivatives, allowing traders to invest in the price movements of cryptocurrencies without owning them.
While both HFM and Libertex (Forex Club) provide options for depositing and withdrawing funds using Skrill and bank wires, only HFM supports Visa or Mastercard, whereas Libertex offers more flexibility with ACH or SEPA transfers and PayPal, which are not available with HFM.
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.
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0 of 5| Overall Rating | HFM | Libertex (Forex Club) | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | HFM Review |
| Broker Screenshots | HFM | Libertex (Forex Club) | |
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| Regulation | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 86 | 73 | |
| Year Founded | 2010 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 500 | 300 | |
| Forex Pairs (Total) | 102 | 51 | |
| U.S. 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 (Derivative) | Yes | 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 | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.7 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| 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 | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 15 | |
| Charting - Drawing Tools (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | HFM | Libertex (Forex Club) | |
|---|---|---|---|
| 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 | HFM | Libertex (Forex Club) | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | HFM Review |
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