HF Markets vs XTrade 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 - HF Markets or XTrade?
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 XTrade.
HF Markets scored 4.3/5 and ranks 22 in our all Forex brokers list, whereas XTrade has 3.3/5 and ranks 60.
This is not financial advice. See the full comparison below.
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.
Who is XTrade suitable for?
Xtrade is suitable for traders who value a simple interface, bonus programs, and access to education and analytics.
Comparison Table of HF Markets and XTrade
| Broker | HF Markets | XTrade |
|---|---|---|
| Rating | 4.3/5 | 3.3/5 |
| Foundation Year | 2009 | 2003 |
| Regulated in Countries | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya | Belize |
| Minimum Deposit |
|
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| Spread | from 0 points | from 1 points |
| Max Leverage | 1:2000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | HF Markets Review | XTrade Review |
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:
XTrade Review
Xtrade offers a wide range of deposit and withdrawal methods, an extensive range of markets and trading products, and a variety of analytical tools. The broker is equipped with an extensive training center, which makes it attractive for novice traders who want to expand their knowledge and improve their trading skills. Responsive and feature-rich customer support enhances the usability of the broker's services.
Xtrade is suitable for novice traders, thanks to its accessible educational resources and wide range of trading products. However, potential clients should pay special attention to regulatory issues and trading costs before deciding to start working with this broker.
Pros and Cons of XTrade
Pros
- Wide range of deposit and withdrawal methods.
- Extensive selection of markets and products for trading.
- Diversity of analytical tools.
- Comprehensive educational center with various materials.
- Responsive and multifunctional technical support.
Cons
- Weak regulation may raise concerns about the security of client funds.
- Limited variety of accounts and services offered.
- Wide spreads, which can increase trading costs.
- Long processing time for withdrawal requests.
- Lack of alternatives to the offered trading platform, limiting traders' choices.
Reliability
| Broker | HF Markets | XTrade |
|---|---|---|
| Reliability | 5/5 | 3.2/5 |
| Foundation Year | 2009 | 2003 |
| Regulated in Countries | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya | Belize |
| Regulators | SVGFSA SVGFSA FSCA FSCA SFSA SFSA - CySEC CySEC FCA FCA DFSA DFSA CMA CMA | - BFSC BFSC |
HF Markets
HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.
XTrade
The reliability of Xtrade International Ltd is questionable due to the lack of licenses from strict regulators, despite having a license from the Belize FSC.
Pros
- Segregated client accounts.
- Investor compensation fund.
Cons
- Lack of licenses from strict regulators.
Account Opening
| Broker | HF Markets | XTrade |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
|
|
HF Markets
The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard verification.
XTrade
Account opening at Xtrade is fairly standard and transparent.
Pros
- Free and fast account opening.
- Clear verification instructions.
Cons
- High minimum deposit.
- Verification can be lengthy.
Account Types
| Broker | HF Markets | XTrade |
|---|---|---|
| Account Types | 5/5 | 2.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 1 points |
| Max Leverage | 1:2000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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.
XTrade
Xtrade offers a variety of accounts, but does not satisfy the needs of all categories of traders.
Pros
- Four types of accounts for different traders.
- Reduced spreads for Premium and VIP accounts.
Cons
- Absence of cent and Islamic accounts.
- No accounts with fixed spreads.
- Lack of copy trading service.
Commissions
| Broker | HF Markets | XTrade |
|---|---|---|
| Commissions | 2/5 | 2/5 |
| Spread | from 0 points | from 1 points |
| Average Spread (EURUSD) | 1.5 | 3 |
| Commission per Lot | $3 |
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.
XTrade
Commissions at Xtrade are relatively high, which can increase a trader's costs.
Pros
- No withdrawal fee.
Cons
- High spreads.
- Inactivity fee of 50 USD.
Deposit and Withdrawal
| Broker | HF Markets | XTrade |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Account Funding Methods |
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HF Markets
HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.
XTrade
Xtrade offers a variety of deposit and withdrawal methods, but with lengthy processing times.
Pros
- Wide selection of payment systems.
- No fees on many methods.
Cons
- Long withdrawal processing time.
- Absence of cryptocurrencies.
Markets and Products
| Broker | HF Markets | XTrade |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 53 | 57 |
| Precious Metals | 6 | 9 |
| Energy Carriers | 2 | 5 |
| Soft Commodities | 5 | 7 |
| Indices | 11 | 25 |
| Stocks | 95 | 300 |
| ETF | 33 | 13 |
| Bonds | 3 | 5 |
| Cryptocurrency | 40 | 52 |
HF Markets
HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.
XTrade
Xtrade offers an extensive selection of markets and products, meeting the needs of various traders.
Pros
- Wide range of currency pairs.
- Numerous CFDs on stocks from different countries.
- Availability of cryptocurrencies.
Trading Platforms
| Broker | HF Markets | XTrade |
|---|---|---|
| Rating | 4.5/5 | 3.5/5 |
| Trading Platforms |
|
|
HF Markets
HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.
XTrade
Xtrade offers a functional and user-friendly platform.
Pros
- Web platform with no download required.
- Full-featured mobile application.
Cons
- Lack of popular platforms such as MT4 or MT5.
- Limited choice of platforms.
- No desktop version of the platform.
Analytics
| Broker | HF Markets | XTrade |
|---|---|---|
| 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.
XTrade
Xtrade's analytics are well-developed, providing traders with a variety of market analysis tools.
Pros
- Daily video analysis.
- Economic calendar and up-to-date news.
- Specialized calculators for technical analysis.
Cons
- Lack of regular reviews from experts.
- No trading signals.
Education
| Broker | HF Markets | XTrade |
|---|---|---|
| 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.
XTrade
Xtrade provides extensive educational materials covering various levels of complexity.
Pros
- Wide range of topics.
- Materials for beginners and professionals.
- Availability of video tutorials and e-books.
Cons
- Lack of webinars.
- Some topics may require deeper study.
Customer Support
| Broker | HF Markets | XTrade |
|---|---|---|
| Rating | 4.2/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
Telegram
Instagram
YouTube
LinkedInHF 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).
XTrade
Xtrade's customer support is responsive and diverse, but there are minor communication issues.
Pros
- Variety of communication channels.
- 24/5 availability during weekdays.
- Quick and professional response.
Cons
- Some reviews indicate problems with resolving disputes.
Comparisons of HF Markets and XTrade with other brokers
Conclusion
HF Markets stands out as the better overall pick, while XTrade trails on aggregate criteria.
HF Markets scored 4.3/5 and ranks 22 in our rating; XTrade has 3.3/5 and ranks 60.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: HF Markets or XTrade?
HF Markets comes out ahead by overall rank (score 4.3/5, position 22) versus XTrade (score 3.3/5, position 60).
Which broker is better for beginners: HF Markets or XTrade?
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) — HF Markets or XTrade?
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 XTrade?
HF Markets: MetaTrader 4, MetaTrader 5, WebTrader. XTrade: xTrade. See the “Platforms” section for details and selection tips.
What markets can you trade with HF Markets and XTrade?
HF Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. XTrade: 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 HF Markets and XTrade?
HF Markets: Cent, Premium, Zero, Pro. XTrade: Standard, Platinum, Premium, VIP. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by HF Markets and XTrade?
HF Markets: Skrill, Perfect Money, FasaPay, BitPay, Bank Transfer, Visa, Mastercard. XTrade: Moneta.ru, Qiwi, WebMoney, YooMoney, VLoad, Alipay, AstroPay, Boleto, CashU, FasaPay, Jeton, Bpay, Swift, Sofort, Visa, Mastercard, JCB, EPS, Giropay, iDeal, Przelewy24, POLi. Check method-specific fees/settlement times.
Which broker is safer — HF Markets or XTrade — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
