Broker comparison

FBS vs HF Markets Comparison

Compare trading conditions, commissions and platforms of Forex brokers FBS and HF Markets. Find out which broker is best for you.

VS summaryScores and ranking at a glance
FBSHigher ranked
Rating
4.3/5
Rank
#22
Register

Trading CFDs carries high risks. You may lose all invested funds

HF Markets
Rating
4.3/5
Rank
#23
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - FBS or HF Markets?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

FBS ranks higher in the editorial ranking.

Matching ratings can occupy different positions in the full ranking.

FBS
Rating: 4.3/5Rank: #22
HF Markets
Rating: 4.3/5Rank: #23

FBS

Minimum deposit · USD
5 USD
Different platforms
  • FBS Trader
Different markets
None listed

HF Markets

Minimum deposit · USD
1 USD
Different platforms
  • WebTrader
Different markets
  • Soft Commodities
  • ETF
  • Bonds

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of FBS and HF Markets

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Overview: comparison of FBS, HF Markets
BrokerFBSHF Markets
Foundation Year20082010
Regulated in CountriesBelize, Cyprus, Australia, South AfricaSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
Minimum Deposit
  • 5 EUR
  • 5 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 1 USD
Spreadfrom 0.7 pointsfrom 0 points
Max Leverage1:30001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
ReviewFBS ReviewHF Markets Review

FBS Review

FBS Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5FBS Trader

FBS is a reliable choice for traders who value a secure and regulated trading environment, complemented by a robust selection of educational resources and trading tools. It is particularly well-suited for those new to trading or looking to expand their knowledge and experienced traders focusing on a diverse range of assets. Despite its limitations in account types and currency options, FBS's strengths in providing competitive trading conditions and comprehensive support make it a commendable broker for a broad spectrum of traders.

Pros and Cons of FBS

Pros

  1. Regulated by major international organizations.
  2. Low spreads and commissions.
  3. Wide range of trading assets.
  4. Extensive database of educational materials and analytical tools.
  5. Support for various trading platforms.

Cons

  1. Limited choice of trading accounts.
  2. Limited choice of account currency.

FBS is in the top 10 of the following ratings:

HF Markets Review

HF Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

Reliability

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Reliability: comparison of FBS, HF Markets
BrokerFBSHF Markets
Reliability
5/5
5/5
Foundation Year20082010
Regulated in CountriesBelize, Cyprus, Australia, South AfricaSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
Regulators

FBS

FBS is a reliable and regulated broker, overseen by several international bodies, ensuring client security and transparency.

HF Markets

HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.

Account Opening

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Account Opening: comparison of FBS, HF Markets
BrokerFBSHF Markets
Account Opening
4.5/5
5/5
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN

FBS

The account opening process at FBS is fast, clear, and relatively simple, although the verification procedure may take some time.

HF Markets

The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard verification.

Account Types

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Account Types: comparison of FBS, HF Markets
BrokerFBSHF Markets
Account Types
3/5
5/5
Trading Accounts
  • Standard
  • Cent
  • Premium
  • Zero
  • Pro
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
Spreadfrom 0.7 pointsfrom 0 points
Max Leverage1:30001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
Demo Account
Swap-free Account

FBS

FBS offers only one trading account but with additional services.

Pros

  1. Availability of demo accounts for practice.
  2. The possibility of automated trading.

Cons

  1. Lack of investment accounts (PAMM, copy trading).
  2. Insufficient variety of trading accounts.

HF Markets

The broker offers a range of accounts to satisfy the needs of diverse traders.

Pros

  1. A wide selection of account types to suit different requirements.
  2. Specialized accounts, such as Cent and Islamic accounts.
  3. The opportunity to copy trades from successful traders.

Commissions

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Commissions: comparison of FBS, HF Markets
BrokerFBSHF Markets
Commissions
3.5/5
2/5
Spreadfrom 0.7 pointsfrom 0 points
Average Spread (EURUSD)0.91.5
CommissionNo dataper 1 lot$3.00

FBS

FBS's commissions are average for the market.

Pros

  1. Low spreads.

Cons

  1. Possible withdrawal fees in the absence of trading activity.

HF Markets

HF Markets' commissions are above average for the market.

Pros

  1. No fees for deposits/withdrawals.

Cons

  1. Spreads are above average
  2. High swaps for long-term trading.
  3. Inactivity fee.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of FBS, HF Markets
BrokerFBSHF Markets
Rating
5/5
5/5
Account Funding Methods
  • Neteller
  • Skrill
  • SticPay
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • FasaPay
  • BitPay
  • Bank Transfer
  • Visa
  • Mastercard

FBS

FBS offers many deposit and withdrawal methods with high flexibility and accessibility.

HF Markets

HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.

Markets and Products

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Markets and Products: comparison of FBS, HF Markets
BrokerFBSHF Markets
Markets and Products
4/5
4.5/5
Forex4353
Precious Metals86
Energy Carriers32
Indices1111
Stocks48095
Cryptocurrency540
Soft Commodities-5
ETF-33
Bonds-3

FBS

FBS provides a broad spectrum of trading assets, albeit with a limited selection of stocks and cryptocurrencies.

HF Markets

HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.

Trading Platforms

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Trading Platforms: comparison of FBS, HF Markets
BrokerFBSHF Markets
Rating
4.5/5
4.5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader

FBS

FBS has a wide choice of trading platforms, meeting the needs of different traders.

HF Markets

HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.

Analytics

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Analytics: comparison of FBS, HF Markets
BrokerFBSHF Markets
Rating
5/5
5/5

FBS

FBS offers extensive and high-quality analytical tools that contribute to effective trading.

HF Markets

HF Markets offers an impressive set of analytical tools and up-to-date news from experts, facilitating effective trading.

Education

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Education: comparison of FBS, HF Markets
BrokerFBSHF Markets
Rating
5/5
5/5

FBS

FBS provides comprehensive educational materials suitable for traders at all levels.

HF Markets

HF Markets' educational materials are extensive and in-depth, allowing traders of all levels to improve their skills and strategies.

Customer Support

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FBS

The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.

HF Markets

HF Markets' customer support is efficient, available through various channels, and responds quickly.

Pros

  1. Variety of communication channels (email, phone, online chat).
  2. Quick and professional response.
  3. Positive user feedback.

Cons

  1. Absence of instant messaging for quick communication.
  2. Lack of national phone lines.
  3. Support is limited to working days (24/5).

Comparisons of FBS and HF Markets with other brokers

Conclusion

When choosing between FBS and HF Markets, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: FBS or HF Markets?

FBS ranks higher than HF Markets in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: FBS or HF Markets?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — FBS or HF Markets?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with FBS and HF Markets?

FBS: MetaTrader 4, MetaTrader 5, FBS Trader. HF Markets: MetaTrader 4, MetaTrader 5, WebTrader. See the “Platforms” section for details and selection tips.

What markets can you trade with FBS and HF Markets?

FBS: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. HF Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by FBS and HF Markets?

FBS: Standard. HF Markets: Cent, Premium, Zero, Pro. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by FBS and HF Markets?

FBS: Neteller, Skrill, SticPay, Visa, Mastercard, Maestro. HF Markets: Skrill, FasaPay, BitPay, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — FBS or HF Markets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.