HFM vs Octa (2026): Which Is Better?
Licences, spreads, leverage, minimum deposit and features compared side by side. Our pick: HFM (9.1/10).
| H | O | |
|---|---|---|
| Our score | 9.1/10 | 8.8/10 |
| Founded | 2010 | 2011 |
| Minimum deposit | $0 | $25 |
| Max leverage | Up to 1:2000 | Up to 1:1000 |
| Spreads | From 0.0 pips + $3/side (Zero) · from 1.2 pips (Premium, no commission) | From 0.6 pips, no commission on all accounts |
| Platforms | MT4, MT5, HFM app, WebTrader | OctaTrader, MT4, MT5 |
| Copy trading | Yes – HFCOPY | Yes – Octa Copytrading |
| Licences | FCA, CySEC, DFSA, FSCA, CMA, FSC, FSA | CySEC, FSCA, FSC, MISA |
| Available in | ~231 countries | ~224 countries |
| Best for | All-round traders, copy trading, very high leverage | Commission-free trading, copy trading, Islamic accounts |
| 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 Octa
- No commission and no swap (Islamic-friendly) trading
- $25 minimum deposit
- Octa Copytrading built in
- Own OctaTrader platform plus MT4 and MT5
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.
Octa (formerly OctaFX) has served traders since 2011 and is known for commission-free, swap-free trading, a low $25 minimum deposit and its own OctaTrader platform alongside MT4 and MT5. It is regulated by CySEC, the FSCA, the FSC Mauritius and MISA, and offers built-in copy trading.
HFM edges ahead in our rating, but many traders open both accounts and use each for what it does best.