Broker comparison

Gerchik & Co vs HF Markets Comparison

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

VS summaryScores and ranking at a glance
Gerchik & Co
Rating
3.9/5
Rank
#54
Register

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

HF MarketsHigher ranked
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 - Gerchik & Co 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

HF Markets ranks higher in the editorial ranking.
Gerchik & Co
Rating: 3.9/5Rank: #54
HF Markets
Rating: 4.3/5Rank: #23

Gerchik & Co

Minimum deposit · USD
100 USD
Different platforms
None listed
Different markets
None listed
Cent account
No

HF Markets

Minimum deposit · USD
1 USD
Different platforms
  • WebTrader
Different markets
  • Soft Commodities
  • Bonds
Cent account
Yes

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

Full broker ranking

Comparison Table of Gerchik & Co and HF Markets

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Overview: comparison of Gerchik & Co, HF Markets
BrokerGerchik & CoHF Markets
Foundation Year20152010
Regulated in CountriesVanuatuSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
Minimum Deposit
  • 100 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 1 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:1001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
ReviewGerchik & Co ReviewHF Markets Review

Gerchik & Co Review

Gerchik & Co 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 ETF Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4

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

  1. Transparent information about the broker's owners.
  2. A large number of trading accounts.
  3. Decent services that can help improve Forex trading.
  4. Educational courses, webinars, analytics.
  5. Opportunity for passive income on TIMA accounts.
  6. Contests on demo accounts and broker promotions.

Cons

  1. High commission for transactions on certain types of accounts.
  2. The website and personal account area may seem inconvenient (according to reviews).
  3. High deposit requirements for training or using services.

Gerchik & Co 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 Gerchik & Co, HF Markets
BrokerGerchik & CoHF Markets
Reliability
3.4/5
5/5
Foundation Year20152010
Regulated in CountriesVanuatuSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
Regulators

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

  1. Member of the FinaCom
  2. Quality of service confirmed by Verify My Trade

Cons

  1. Only a license from an offshore regulator

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 Gerchik & Co, HF Markets
BrokerGerchik & CoHF Markets
Account Opening
5/5
5/5
Minimum Deposit
  • 100 USD
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN

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

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Account Types: comparison of Gerchik & Co, HF Markets
BrokerGerchik & CoHF Markets
Account Types
4/5
5/5
Trading Accounts
  • Zero
  • Mini
  • Simple
  • Silver
  • Gold
  • Platinum
  • Cent
  • Premium
  • Zero
  • Pro
Minimum Deposit
  • 100 USD
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:1001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
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

  1. STP accounts
  2. Contests on demo accounts
  3. Availability of TIMA accounts

Cons

  1. No cent accounts
  2. No accounts with fixed spreads

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 Gerchik & Co, HF Markets
BrokerGerchik & CoHF Markets
Commissions
2/5
2/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)1.5
Commissionper 1 lot$5.00per 1 lot$3.00

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

  1. No commission for fund withdrawal
  2. No inactivity fee

Cons

  1. High trading fees

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 Gerchik & Co, HF Markets
BrokerGerchik & CoHF Markets
Rating
5/5
5/5
Account Funding Methods
  • Volet
  • Swift
  • SEPA
  • Visa
  • Mastercard
  • Skrill
  • FasaPay
  • BitPay
  • Bank Transfer
  • Visa
  • Mastercard

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

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Markets and Products: comparison of Gerchik & Co, HF Markets
BrokerGerchik & CoHF Markets
Markets and Products
4.4/5
4.5/5
Forex6653
Precious Metals76
Energy Carriers32
Indices1411
Stocks29695
ETF2133
Cryptocurrency1140
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

  1. Good choice of currency pairs
  2. Stocks from the US, Europe, and the UK are available

Cons

  1. 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

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Trading Platforms: comparison of Gerchik & Co, HF Markets
BrokerGerchik & CoHF Markets
Rating
4/5
4.5/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader

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

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Analytics: comparison of Gerchik & Co, HF Markets
BrokerGerchik & CoHF 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

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Education: comparison of Gerchik & Co, HF Markets
BrokerGerchik & CoHF 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

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Customer Support: comparison of Gerchik & Co, HF Markets
BrokerGerchik & CoHF Markets
Rating
5/5
4.2/5
Email Support
Hotline Phones
Social Media

Gerchik & 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

  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 Gerchik & Co and HF Markets with other brokers

Conclusion

When choosing between HF Markets and Gerchik & Co, 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: Gerchik & Co or HF Markets?

HF Markets ranks higher than Gerchik & Co 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: Gerchik & Co 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) — 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, Swift, SEPA, Visa, Mastercard. HF Markets: Skrill, 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.

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.