HFM vs Eightcap (2026): Which Is Better?
Licences, spreads, leverage, minimum deposit and features compared side by side. Our pick: HFM (9.1/10).
| H | E | |
|---|---|---|
| Our score | 9.1/10 | 9.0/10 |
| Founded | 2010 | 2009 |
| Minimum deposit | $0 | $100 |
| Max leverage | Up to 1:2000 | Up to 1:500 |
| Spreads | From 0.0 pips + $3/side (Zero) · from 1.2 pips (Premium, no commission) | From 0.0 pips + $3.50/side (Raw) · from 1.0 pips (Standard, no commission) |
| Platforms | MT4, MT5, HFM app, WebTrader | MT4, MT5, TradingView, TradeLocker (Challenges) |
| Copy trading | Yes – HFCOPY | Funded challenges – 80–90% profit split |
| Licences | FCA, CySEC, DFSA, FSCA, CMA, FSC, FSA | ASIC, FCA, CySEC, SCB, FSA, FSC |
| Available in | ~231 countries | ~231 countries |
| Best for | All-round traders, copy trading, very high leverage | TradingView users and traders who want a funded account |
| Visit Site | Visit Site |
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
Why choose Eightcap
- Eightcap Challenges: funded accounts from $10K to $200K
- 80% profit split, up to 90% with add-on
- Native TradingView, MT4 and MT5 trading
- Regulated by ASIC, FCA and CySEC
Verdict
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.
Eightcap, founded in Melbourne in 2009 and regulated by ASIC, the FCA and CySEC, is one of the leading TradingView brokers, offering raw spreads from 0.0 pips on MT4, MT5 and TradingView. Its Eightcap Challenges programme lets you trade a funded account from $10,000 to $200,000 and keep 80–90% of the profits, with evaluations from just $99.
HFM edges ahead in our rating, but many traders open both accounts and use each for what it does best.