Written by ForexBrokers.com
In this head to head comparison of HFM vs RoboForex, 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 online brokers HFM and RoboForex, both companies have been in operation for over a decade, with HFM founded in 2010 and RoboForex in 2009. Neither of the brokers is listed on a stock exchange, nor do they operate as banks. Regulatory oversight and trust scores form crucial aspects of evaluating online brokers. HFM stands out with two Tier-1 licenses, signaling strong regulatory backing, and a trust score of 86 from ForexBrokers.com, indicating it is a trusted broker. In contrast, RoboForex holds one Tier-1 license and has a trust score of 73, suggesting a moderate level of risk.
Beyond primary licenses, HFM also holds three Tier-2 licenses, providing additional trust and security assurances, whereas RoboForex does not have any Tier-2 licenses. These differences in regulatory status and trust scores help potential investors gauge the risk and reliability of engaging with these brokers in the fast-paced world of online trading.
| Feature |
HFM
|
RoboForex
|
|---|---|---|
| Year Founded | 2010 | 2009 |
| 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 | 2 |
HFM’s commissions and fees sit slightly above the industry average. The broker lists a typical 1.2-pip spread on its Standard accounts, but without a date range, the true average could be higher. Its Zero account quotes an effective 0.7-pip spread after commission, though this figure is not an average. For pricing, HFM earns 4 out of 5 stars and ranks 32nd out of 63 brokers for the Commissions and Fees category at ForexBrokers.com.
RoboForex’s average EUR/USD spread of 1.3 pips on the Procent and Pro accounts is on the high side for low-cost trading. It receives 3.5 out of 5 stars for commissions and fees and ranks 56th out of 63 brokers in this category at ForexBrokers.com.
Comparing the two, HFM generally looks slightly cheaper on paper—especially with the quoted 0.7-pip effective spread on its Zero account—while both brokers’ standard-style accounts feature higher spreads. Based on these figures, cost-focused traders may find HFM the better value, but actual pricing can vary with market conditions and account choice.
| Feature |
HFM
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.2 | 1.3 |
| All-in Cost EUR/USD - Active | 0.7 | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HFM vs RoboForex: range of investments. Both brokers let you trade forex as CFD or spot. RoboForex lists about 8,400 tradeable symbols, far more than HFM’s 500. If your priority is currency choice, HFM offers 102 forex pairs versus RoboForex’s 28. For overall coverage, RoboForex earns 4.5/5 stars and ranks #21 of 63 for Range of Investments, while HFM scores 4/5 stars and ranks #37.
Neither broker offers direct access to exchange-traded shares on U.S. or international exchanges. Both support copy trading. You can trade crypto via CFDs at both, but neither lets you buy actual coins. In short, HFM suits traders who want a wide selection of forex pairs, while RoboForex fits those seeking a very large list of instruments across markets.
| Feature |
HFM
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 500 | 8400 |
| Forex Pairs (Total) | 102 | 28 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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 and RoboForex both make it easy to get started with a free demo (paper) account. Each supports Windows desktop and browser-based trading, plus popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Copy trading is available at both, and you can place orders directly from charts. The key difference is platform choice: HFM also offers its own proprietary platform, while RoboForex focuses on third‑party platforms.
For trading platforms and tools, ForexBrokers.com rates both brokers at 4 stars, with HFM ranked #43 out of 63 and RoboForex close behind at #44. If you want the option to use a broker-built platform alongside MetaTrader, HFM has a slight edge. If you prefer a MetaTrader-centered setup with similar essentials like web and desktop access, chart trading, and copy trading, RoboForex is competitive. Specific indicator sets and watchlist customization can vary by platform.
| Feature |
HFM
|
RoboForex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing HFM and RoboForex for mobile trading, both brokers check the same key boxes. Each offers an iPhone app and an Android app, delivers price alerts for forex and stocks, includes 30 technical studies for charting, lets you draw trendlines, and auto-saves your chart drawings. One notable limitation is shared by both: watchlist symbols don’t sync between the mobile app and your online account.
In terms of quality, both earn 4 out of 5 stars for their mobile trading apps. Looking at rankings from ForexBrokers.com, HFM places slightly higher at #40 out of 63 brokers, while RoboForex comes in at #44. With features so similar, HFM has a small edge on rank, but your choice may simply come down to which app you find easier to use.
| Feature |
HFM
|
RoboForex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing HFM vs RoboForex for market research, both brokers deliver daily market commentary, top-tier forex news from sources like Bloomberg/Reuters/Dow Jones, and an easy-to-follow economic calendar. The key differences are in their toolsets: HFM includes Autochartist as well as a sentiment tool that shows the ratio of long and short positions, while RoboForex does not offer those. On the flip side, RoboForex provides research from Trading Central and Acuity Trading (Signal Centre), which HFM does not. Neither broker integrates TipRanks.
For overall research quality, ForexBrokers.com rates HFM at 4 stars (ranked #20 of 63) and RoboForex at 3.5 stars (ranked #38 of 63). If you want Autochartist and sentiment data, HFM may suit you better; if you prefer Trading Central or Acuity Trading insights, RoboForex could be the better fit.
| Feature |
HFM
|
RoboForex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing HFM and RoboForex, HFM offers a more complete learning path. It hosts client webinars at least once a month and supplies at least 10 beginner videos plus at least 10 advanced videos on trading topics. That combination of live sessions and on‑demand lessons helps new forex and CFD traders learn step by step. RoboForex, on the other hand, does not run monthly webinars and does not provide 10+ beginner or 10+ advanced videos, so its catalog is leaner for newcomers.
In independent evaluations, HFM earns 4 out of 5 stars for Education and ranks 37th out of 63 brokers at ForexBrokers.com, while RoboForex scores 3.5 out of 5 stars and ranks 57th. If you want a guided start with frequent webinars and a larger video library, HFM is likely the better fit; self-directed learners who are fine with fewer materials may consider RoboForex.
| Feature |
HFM
|
RoboForex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | 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 RoboForex. HFM finished with an overall rank of #30, while RoboForex finished with an overall rank of #46.
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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RoboForex
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|---|---|---|
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| Trust Score | 86 | 73 |
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HFM vs RoboForex: neither broker lets you buy actual (delivered) cryptocurrencies, but both offer trading in cryptocurrency CFDs.
Compared to HFM, which supports Skrill and bank wire transfers for deposits and withdrawals but not ACH/SEPA or PayPal (Visa/Mastercard availability not specified), RoboForex offers broader funding options with ACH/SEPA, PayPal, Skrill, and bank wires (Visa/Mastercard availability not specified).
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 | RoboForex | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | HFM Review | RoboForex Review |
| Broker Screenshots | HFM | RoboForex | |
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| Broker Gallery (click to expand) |
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| Regulation | HFM | RoboForex | |
|---|---|---|---|
| Trust Score | 86 | 73 | |
| Year Founded | 2010 | 2009 | |
| 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 | 2 |
| Tier-1 Licenses (Highly Trusted) | HFM | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 500 | 8400 | |
| Forex Pairs (Total) | 102 | 28 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | RoboForex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.2 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.7 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | HFM | RoboForex | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | HFM | RoboForex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | HFM | RoboForex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HFM | RoboForex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | HFM | RoboForex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | HFM | RoboForex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | HFM | RoboForex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | HFM Review | RoboForex Review |
| Overall | HFM | RoboForex | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | HFM Review | RoboForex Review |
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