Updated September 29, 2026 · BrokerCue Editorial Team
FP Markets vs Hfm Partners
Where FP Markets and Hfm Partners differ
| Compare |  FP Markets |  Hfm Partners |
|---|---|---|
| Minimum deposit | A$100 | $5,000 |
| Markets | Forex, CFDs | Forex, Metals, CFDsCovers more |
| Regulators | ASIC, SIPC | Cyprus Securities and Exchange Commission (CySEC), SIPC |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Retail accounts that lose money | 72.5% | Not confirmed |
| Platforms | Not confirmed | MetaTrader 5, HFM WebTrader, HFM Platform |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- FP Markets scores higher overall: 9.0 vs 8.8.
- Regulators: only FP Markets offers ASIC.
- Regulators: only Hfm Partners offers Cyprus Securities and Exchange Commission (CySEC).
- Markets: only Hfm Partners offers Metals.
Our verdict on each
FP Markets
FP Markets suits traders who want a regulated broker with a real protection scheme behind the money, not the lowest entry cost. It is regulated in Australia and the US, and the US entity carries SIPC cover of SIPC up to USD 500,000. The catch is the entry hurdle: a minimum deposit of AUD 100.
Hfm Partners
Hfm Partners suits traders who can fund a larger starting balance, because its minimum deposit of $5,000 sits well above the entry amounts most brokers ask for here. CySEC and SIPC regulation adds cover, while email only support and a focused market list make it a less obvious choice for smaller accounts.
Score breakdown
| Area | FP Markets | Hfm Partners |
|---|---|---|
| Cost | 8.6Higher | 8.1 |
| Offer | 8.6 | 8.8Higher |
| Trust | 9.5 | 9.5 |
Side by side, item by item
| Markets | FP Markets | Hfm Partners |
|---|---|---|
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Metals | No | Yes |
Where they rank in our lists
| Ranking | FP Markets | Hfm Partners |
|---|---|---|
| Forex brokers | 59 of 147 | 76 of 147 |
| Low-spread forex brokers | 57 of 145 | 74 of 145 |
| CFD brokers | 49 of 122 | 64 of 122 |
Where these facts come from
FP Markets
- brokerchooser.com: 2 facts, checked September 26, 2026
- sipc.org: 2 facts, checked September 26, 2026
- fxscouts.ng: 1 fact, checked September 26, 2026
- leadiq.com: 1 fact, checked September 26, 2026
Hfm Partners
- hfeu.com: 7 facts, checked September 26, 2026
- sipc.org: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | FP Markets | Hfm Partners |
|---|---|---|
| Features | Not confirmed | Mobile app, Demo account |
| Legal entity | RB INTERNATIONAL MARKETS (USA) LLC | RB INTERNATIONAL MARKETS (USA) LLC |
| Support channels | Not confirmed |
Where each stands against the rest
| Fact | FP Markets | Hfm Partners | Median |
|---|---|---|---|
| Retail accounts that lose money | 72.5%above the median | Not confirmed | 72.05% |
Median across 47 listed brokers.
Pros and cons
FP Markets
Pros
- Regulated in Australia and the US, with the US entity covered by SIPC up to USD 500,000.
- A single, named legal entity, RB INTERNATIONAL MARKETS (USA) LLC, holds the SIPC membership, licence SIPC member 71021.
- A focused product: forex and cfds, without a wider asset mix to learn.
Cons
- The minimum deposit of AUD 100 is well above the site median of €4.64.
- A limited market list, forex and cfds, so it does not cover shares, ETFs or crypto.
- The cost score is 3.1, one of the weaker parts of the profile.
Hfm Partners
Pros
- Regulated in Europe and the US under Cyprus Securities and Exchange Commission (CySEC) and SIPC.
- Mobile app and demo account both appear in mobile app and demo account.
- Platform choice spans MetaTrader 5, HFM WebTrader and HFM Platform.
Cons
- The minimum deposit of $5,000 puts it out of reach for small balances.
- Support runs on email only.
- Markets cover forex, metals and cfds only.
Who each suits
FP Markets
Who it suits
- Traders who weight regulator and protection scheme above a low starting amount
- Anyone happy to trade a single market pair of products, forex and cfds
- US clients who want the SIPC scheme, SIPC up to USD 500,000, behind the account
Who should look elsewhere
- Small starters, who will find AUD 100 a high way in
- Investors wanting shares, ETFs or crypto, since forex and cfds covers neither
- eToro users who want a much wider asset list, stocks, etfs and forex
Hfm Partners
Who it suits
- Traders who can fund $5,000 and put regulation ahead of a low entry amount.
- Focused forex, metals and CFDs traders who want to practise on a demo account.
- EU traders covered by investor protection stated as EU ICS up to EUR 20,000.
Who should look elsewhere
- Anyone starting small: CFI asks a minimum deposit of $0.
- Traders wanting a wider market list, where eToro covers stocks, etfs and forex.
- Low balance traders who prefer a smaller entry: Vantage asks $5.
Questions about each
FP Markets
What is the minimum deposit at FP Markets?+
The minimum deposit is AUD 100. That is a high way in, and it sits well above the site median of €4.64. Anyone starting with a small amount should look at a broker with a lower entry figure before committing.
Is my money protected at FP Markets?+
The US-facing entity, RB INTERNATIONAL MARKETS (USA) LLC, is covered by SIPC up to USD 500,000. That protection belongs to the US entity, so clients of other entities in the group should check which scheme applies to them before depositing.
Hfm Partners
What is the minimum deposit at Hfm Partners?+
The stated minimum deposit is $5,000. CFI starts at $0 and Vantage at $5, so Hfm Partners sits at the heavy end of the range compared here. Anyone starting with a smaller balance would be better served by one of those.
Who regulates Hfm Partners?+
Regulation runs through Cyprus Securities and Exchange Commission (CySEC) and SIPC. The Cyprus licence reads 183/12 and the US membership SIPC member 71021. These are separate registrations in separate countries, so the entity your account sits under decides who supervises it.