Exness vs HFM (2026): Which Is Better?
Licences, spreads, leverage, minimum deposit and features compared side by side. Our pick: Exness (9.4/10).
| E | H | |
|---|---|---|
| Our score | 9.4/10 | 9.1/10 |
| Founded | 2008 | 2010 |
| Minimum deposit | $10 | $0 |
| Max leverage | Up to 1:Unlimited (conditions apply) | Up to 1:2000 |
| Spreads | From 0.0 pips (Raw/Zero) · from ~1.0 pips (Standard) | From 0.0 pips + $3/side (Zero) · from 1.2 pips (Premium, no commission) |
| Platforms | MT4, MT5, Exness Terminal, Exness Trade app | MT4, MT5, HFM app, WebTrader |
| Copy trading | Yes – Exness Social Trading | Yes – HFCOPY |
| Licences | FCA, CySEC, FSCA, CMA, FSA, FSC, FSC, CBCS, FSC Belize | FCA, CySEC, DFSA, FSCA, CMA, FSC, FSA |
| Available in | ~232 countries | ~231 countries |
| Best for | Beginners, small accounts, gold (XAUUSD) traders | All-round traders, copy trading, very high leverage |
| Visit Site | Visit Site |
Why choose Exness
- $10 minimum deposit on Standard accounts
- Instant automatic withdrawals on most methods
- 9 licences incl. FCA and CySEC
- Huge range of local payment methods
Why choose HFM
- $0 minimum deposit on popular accounts
- 7 licences incl. FCA, CySEC and Dubai DFSA
- HFCOPY copy-trading platform
- Leverage up to 1:2000
Verdict
Exness is one of the largest retail forex brokers in the world by trading volume. Traders choose it for its very low minimum deposit, tight spreads on gold and major pairs, flexible leverage and fast automated withdrawals, all backed by nine licences including the UK FCA and CySEC.
HFM (formerly HotForex) is a multi-award-winning broker operating since 2010, regulated by seven authorities including the UK FCA, CySEC and the Dubai DFSA. It combines a $0 minimum deposit, raw-spread Zero accounts, MT4/MT5 and the HFCOPY copy-trading platform.
Exness edges ahead in our rating, but many traders open both accounts and use each for what it does best.