Gerchik & Co vs HF Markets Comparison: Which Is Better for Traders?
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 - Gerchik & Co or HF Markets?
Our pick: HF Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - HF Markets looks preferable to Gerchik & Co.
HF Markets scored 4.3/5 and ranks 22 in our all Forex brokers list, whereas Gerchik & Co has 3.9/5 and ranks 50.
This is not financial advice. See the full comparison below.
Who is Gerchik & Co suitable for?
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
Who is HF Markets suitable for?
HF Markets is suitable for traders of any level looking for a reliable broker with good trading conditions and support for MetaTrader 4 and 5.
Comparison Table of Gerchik & Co and HF Markets
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Rating | 3.9/5 | 4.3/5 |
| Foundation Year | 2015 | 2009 |
| Regulated in Countries | Vanuatu | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:100 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Gerchik & Co Review | HF Markets Review |
Gerchik & Co Review
Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.
The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.
This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.
Pros and Cons of Gerchik & Co
Pros
- Transparent information about the broker's owners.
- A large number of trading accounts.
- Decent services that can help improve Forex trading.
- Educational courses, webinars, analytics.
- Opportunity for passive income on TIMA accounts.
- Contests on demo accounts and broker promotions.
Cons
- High commission for transactions on certain types of accounts.
- The website and personal account area may seem inconvenient (according to reviews).
- High deposit requirements for training or using services.
Gerchik & Co is in the top 10 of the following ratings:
HF Markets Review
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
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
HF Markets is in the top 10 of the following ratings:
Reliability
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Reliability | 3.4/5 | 5/5 |
| Foundation Year | 2015 | 2009 |
| Regulated in Countries | Vanuatu | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya |
| Regulators | VFSC VFSC | SVGFSA SVGFSA FSCA FSCA SFSA SFSA - CySEC CySEC FCA FCA DFSA DFSA CMA CMA |
Gerchik & Co
The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.
Pros
- Member of the FinaCom
- Quality of service confirmed by Verify My Trade
Cons
- Only a license from an offshore regulator
HF Markets
HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.
Account Opening
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Gerchik & Co
Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.
HF Markets
The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard verification.
Account Types
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Account Types | 4/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:100 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Gerchik & Co
Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.
Pros
- STP accounts
- Contests on demo accounts
- Availability of TIMA accounts
Cons
- No cent accounts
- No accounts with fixed spreads
HF Markets
The broker offers a range of accounts to satisfy the needs of diverse traders.
Pros
- A wide selection of account types to suit different requirements.
- Specialized accounts, such as Cent and Islamic accounts.
- The opportunity to copy trades from successful traders.
Commissions
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Commissions | 2/5 | 2/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.5 | |
| Commission per Lot | $5 | $3 |
Gerchik & Co
Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.
Pros
- No commission for fund withdrawal
- No inactivity fee
Cons
- High trading fees
HF Markets
HF Markets' commissions are above average for the market.
Pros
- No fees for deposits/withdrawals.
Cons
- Spreads are above average
- High swaps for long-term trading.
- Inactivity fee.
Deposit and Withdrawal
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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Gerchik & Co
Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.
HF Markets
HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.
Markets and Products
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Markets and Products | 4.4/5 | 4.5/5 |
| Forex | 66 | 53 |
| Precious Metals | 7 | 6 |
| Energy Carriers | 3 | 2 |
| Indices | 14 | 11 |
| Stocks | 296 | 95 |
| ETF | 21 | 33 |
| Cryptocurrency | 11 | 40 |
| Soft Commodities | - | 5 |
| Bonds | - | 3 |
Gerchik & Co
Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.
Pros
- Good choice of currency pairs
- Stocks from the US, Europe, and the UK are available
Cons
- No exchange-traded commodities
HF Markets
HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.
Trading Platforms
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Trading Platforms |
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Gerchik & Co
MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.
HF Markets
HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.
Analytics
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
HF Markets
HF Markets offers an impressive set of analytical tools and up-to-date news from experts, facilitating effective trading.
Education
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
HF Markets
HF Markets' educational materials are extensive and in-depth, allowing traders of all levels to improve their skills and strategies.
Customer Support
| Broker | Gerchik & Co | HF Markets |
|---|---|---|
| Rating | 5/5 | 4.2/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Skype
YouTube
Telegram
Facebook
Instagram
Twitter
LinkedInGerchik & Co
The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.
HF Markets
HF Markets' customer support is efficient, available through various channels, and responds quickly.
Pros
- Variety of communication channels (email, phone, online chat).
- Quick and professional response.
- Positive user feedback.
Cons
- Absence of instant messaging for quick communication.
- Lack of national phone lines.
- Support is limited to working days (24/5).
Comparisons of Gerchik & Co and HF Markets with other brokers
Conclusion
HF Markets stands out as the better overall pick, while Gerchik & Co trails on aggregate criteria.
HF Markets scored 4.3/5 and ranks 22 in our rating; Gerchik & Co has 3.9/5 and ranks 50.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Gerchik & Co or HF Markets?
HF Markets comes out ahead by overall rank (score 4.3/5, position 22) versus Gerchik & Co (score 3.9/5, position 50).
Which broker is better for beginners: Gerchik & Co or HF Markets?
HF Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Gerchik & Co 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 Gerchik & Co and HF Markets?
Gerchik & Co: MetaTrader 5, MetaTrader 4. HF Markets: MetaTrader 4, MetaTrader 5, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Gerchik & Co and HF Markets?
Gerchik & Co: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, 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 Gerchik & Co and HF Markets?
Gerchik & Co: Zero, Mini, Simple, Silver, Gold, Platinum. HF Markets: Cent, Premium, Zero, Pro. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Gerchik & Co and HF Markets?
Gerchik & Co: Volet, Perfect Money, Swift, SEPA, Visa, Mastercard. HF Markets: Skrill, Perfect Money, FasaPay, BitPay, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Gerchik & Co 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.
