HFM vs Libertex (Forex Club) Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare HFM vs Libertex (Forex Club).
Does HFM or Libertex (Forex Club) 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 HFM or Libertex (Forex Club) 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. Both HFM and Libertex (Forex Club) hold 1 global Tier-1 licenses. HFM holds 3 global Tier-2 licenses, while Libertex (Forex Club) holds 1. In our analysis of 23 international regulators across 50 brokers, HFM earned a higher Trust Score than Libertex (Forex Club).
Which trading platform is better: HFM or Libertex (Forex Club)?
To compare the trading platforms of both HFM and Libertex (Forex Club), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, HFM offers a better experience. With research, HFM offers superior market research. Finally, we found HFM 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 HFM and Libertex (Forex Club) offer MetaTrader 4 (MT4).HFM and Libertex (Forex Club) both offer copy trading.
How many forex pairs and CFDs are available to trade?
Libertex (Forex Club) provides traders 51 currency pairs (e.g., EUR/USD) compared to HFM's 47 available pairs. Forex pairs aside, HFM offers traders access to 3500 CFDs while Libertex (Forex Club) has 300 available CFDs, a difference of 3200.
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).
Can I trust Libertex (Forex Club)?
Libertex (Forex Club) is not publicly traded and does not operate a bank. Libertex (Forex Club) is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Libertex (Forex Club) is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).
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.
Is Libertex (Forex Club) good?
Forex Club is a long-standing MetaTrader broker offering forex and CFDs, along it's more recently launched Libertex brand catering to the EU market with a proprietary web platform. The biggest issue with Libertex (Forex Club) is the few regulatory licenses it holds, which bring down its Trust Score, compared to the most trusted brokers.
Overall winner: HFM
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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.