Broker comparison

HF Markets vs NordFX Comparison

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

VS summaryScores and ranking at a glance
HF MarketsHigher ranked
Rating
4.3/5
Rank
#23
Register

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

NordFX
Rating
3.5/5
Rank
#67
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
Author · Editor

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 - HF Markets or NordFX?

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.
HF Markets
Rating: 4.3/5Rank: #23
NordFX
Rating: 3.5/5Rank: #67

HF Markets

Minimum deposit · USD
1 USD
Different platforms
  • MetaTrader 5
  • WebTrader
Different markets
  • Soft Commodities
  • ETF
  • Bonds
Cent account
Yes

NordFX

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

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

Full broker ranking

Comparison Table of HF Markets and NordFX

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Overview: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Foundation Year
2010
2008
Regulated in Countries
Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
—
Minimum Deposit
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 1 USD
  • 10 USD
Spread
from 0 points
from 0 points
Max Leverage
1:2000
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • MetaTrader 4
Review

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.

NordFX Review

NordFX 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 4

NordFX is a broker with various trading accounts and conditions, making it attractive for different categories of traders — from beginners to professionals. Tight spreads and analytical tools are backed by good technical support, which is a significant plus.

NordFX is suitable for traders who prefer to use MetaTrader 4 and who do not require a wide range of CFDs or alternative trading platforms. This broker is perfect for those seeking diverse market analysis options and personalized support.

Pros and Cons of NordFX

Pros

  1. Diversity of trading accounts and services.
  2. Tight spreads.
  3. Wide range of deposit and withdrawal methods.
  4. Extensive set of analytical tools.
  5. Good customer support.

Cons

  1. Lack of regulation.
  2. High commission on Zero account.
  3. Long withdrawal request processing time.
  4. Lack of soft commodities and limited overall number of CFDs.
  5. There are no alternatives to MT4.

NordFX is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Reliability
5/5
2/5
Foundation Year
2010
2008
Regulated in Countries
Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
-
Regulators
-

HF Markets

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

NordFX

NordFX holds legal registration, but the lack of regulation diminishes its reliability, which is crucial for protecting client interests.

Account Opening

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Account Opening: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 10 USD

HF Markets

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

NordFX

Registration is simple and intuitive, with minimal requirements to start trading. Verification, while mandatory, complies with international standards.

Account Types

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Account Types: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Account Types
5/5
5/5
Trading Accounts
  • Cent
  • Premium
  • Zero
  • Pro
  • Fix
  • Pro
  • Zero
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 10 USD
Spread
from 0 points
from 0 points
Max Leverage
1:2000
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • MetaTrader 4
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

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.

NordFX

NordFX offers a wide range of account types and services.

Pros

  1. Flexible options for different traders.
  2. PAMM accounts and copy trading available.
  3. VPS available.

Cons

  1. Lack of cent accounts.

Commissions

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Commissions: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Commissions
2/5
2.5/5
Spread
from 0 points
from 0 points
Average Spread (EURUSD)
1.5
1.2
Commission
per 1 lot$3.00
per 1 lot$3.50

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.

NordFX

NordFX's commission policy is quite flexible and offers various options for different types of traders.

Pros

  1. Flexible commission system suitable for different strategies.
  2. Tight spreads on the Pro account.

Cons

  1. Above-average transaction commission on the Zero account.
  2. Inactivity fee.
  3. High swaps.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Rating
5/5
4/5
Account Funding Methods
  • Skrill
  • FasaPay
  • BitPay
  • Bank Transfer
  • Visa
  • Mastercard
  • WebMoney
  • Skrill
  • Neteller
  • Dragonpay
  • AstroPay
  • TC Pay
  • FasaPay
  • Boleto
  • DOKU Wallet
  • Binance Pay
  • Swift
  • Visa
  • Mastercard
  • Ngan Luong
  • Help2pay
  • PayTrust88

HF Markets

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

NordFX

NordFX offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies. Most transactions are processed quickly, but withdrawal times can take up to 5 business days.

Pros

  1. Numerous available deposit methods.
  2. Competitive commissions.
  3. Instant account funding.

Cons

  1. Withdrawal time up to 5 business days.
  2. Withdrawal only by the same method as deposit.
  3. Verification required for fund withdrawal.

Markets and Products

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Markets and Products: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Markets and Products
4.5/5
4/5
Forex
53
33
Precious Metals
6
2
Energy Carriers
2
3
Soft Commodities
5
-
Indices
11
4
Stocks
95
68
ETF
33
-
Bonds
3
-
Cryptocurrency
40
15

HF Markets

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

NordFX

NordFX offers a variety of markets, including currencies, metals, and cryptocurrencies. However, the selection is limited compared to competitors, especially in terms of CFDs and the lack of soft commodities.

Pros

  1. Diversity of asset classes.
  2. Access to 15 cryptocurrencies.

Cons

  1. Lack of soft commodities.
  2. Limited number of CFDs.

Trading Platforms

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Trading Platforms: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Rating
4.5/5
3/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • MetaTrader 4

HF Markets

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

NordFX

NordFX provides the MetaTrader 4 platform, which is reliable and feature-rich. The platform is available on various devices, including MultiTerminal for managing multiple accounts.

Pros

  1. Reliable and proven MT4 platform.
  2. Desktop and mobile versions available.
  3. MultiTerminal for managing multiple accounts.

Cons

  1. Lack of a web-based platform.
  2. Limited choice of trading platforms.

Analytics

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Analytics: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Rating
5/5
4/5

HF Markets

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

NordFX

NordFX boasts strong analytics. A variety of tools are offered: weekly forecasts, economic calendar, trader's calculator.

Pros

  1. Weekly forecasts for Forex and cryptocurrencies.
  2. Economic calendar.
  3. Convenient calculator for estimating potential profits.

Cons

  1. Lack of trading signals.
  2. Insufficient analytics from company experts.
  3. Limited selection of analytical materials.

Education

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Education: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Rating
5/5
4/5

HF Markets

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

NordFX

The broker offers a variety of video and audio courses, as well as useful articles in the blog, which is a plus for self-directed trader education.

Pros

  1. Variety of formats: video, audio, articles.
  2. Materials for different skill levels.
  3. Regular blog publications.

Cons

  1. Lack of webinars.
  2. No seminars or master classes.
  3. No personalized training.

Customer Support

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Customer Support: comparison of HF Markets, NordFX
BrokerHF MarketsNordFX
Rating
4.2/5
5/5
Email Support
Hotline Phones
Social Media

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).

NordFX

NordFX technical support deserves high praise for the variety of communication channels and the effectiveness of the solutions provided. Client reviews highlight the high level of service.

Pros

  1. 24/7 availability.
  2. Multiple communication channels: live chat, email, phone.
  3. High level of staff professionalism.

Comparisons of HF Markets and NordFX with other brokers

Conclusion

When choosing between HF Markets and NordFX, 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: HF Markets or NordFX?

HF Markets ranks higher than NordFX 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: HF Markets or NordFX?

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

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

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 HF Markets and NordFX?

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

What markets can you trade with HF Markets and NordFX?

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

What account types are offered by HF Markets and NordFX?

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

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

HF Markets: Skrill, FasaPay, BitPay, Bank Transfer, Visa, Mastercard. NordFX: WebMoney, Skrill, Neteller, Dragonpay, AstroPay, TC Pay, FasaPay, Boleto, DOKU Wallet, Binance Pay, Swift, Visa, Mastercard, Ngan Luong, Help2pay, PayTrust88. Check method-specific fees/settlement times.

Which broker is safer — HF Markets or NordFX — 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.