Updated September 29, 2026 · BrokerCue Editorial Team
FXCM vs Hfm Partners
What sets them apart
| Compare |  FXCM |  Hfm Partners |
|---|---|---|
| Minimum deposit | $50Lower | $5,000 |
| Markets | Forex, CFDs, Crypto | Forex, Metals, CFDs |
| Regulators | FCA | Cyprus Securities and Exchange Commission (CySEC), SIPC |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Retail accounts that lose money | 63% | Not confirmed |
| Platforms | Not confirmed | MetaTrader 5, HFM WebTrader, HFM Platform |
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Key differences
- Hfm Partners scores higher overall: 8.8 vs 8.7.
- Regulators: only FXCM offers FCA.
- Regulators: only Hfm Partners offers Cyprus Securities and Exchange Commission (CySEC), SIPC.
- Hfm Partners is licensed in 1 more country.
- Minimum deposit is lower at FXCM: $50 vs $5,000.
- Markets: only FXCM offers Crypto.
- Markets: only Hfm Partners offers Metals.
Our verdict on each
FXCM
FXCM suits UK traders who want a single regulated account for forex, CFDs and crypto, opening from a minimum deposit of $50 with client money covered by FSCS up to GBP 85,000. The licence is a known name, which matters more than a bargain headline, since 63% of retail accounts lose money.
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 | FXCM | Hfm Partners |
|---|---|---|
| Cost | 8.7HigherEntry starts at $50 against a €4.64 site median, with dealing limited to forex, cfds and crypto. | 8.1 |
| Offer | 8.8 | 8.8 |
| Trust | 8.6 | 9.5Higher |
How they place
| Ranking | FXCM | Hfm Partners |
|---|---|---|
| Forex brokers | 83 of 147 | 76 of 147 |
| Low-spread forex brokers | 81 of 145 | 74 of 145 |
| CFD brokers | 69 of 122 | 64 of 122 |
Where each is licensed and available
| Country | FXCM | Hfm Partners |
|---|---|---|
| Cyprus | Not confirmed | |
| United Kingdom | FCA 217689 | Not confirmed |
| United States | Not confirmed | SIPC SIPC member 71021 |
Side by side, item by item
| Markets | FXCM | Hfm Partners |
|---|---|---|
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | No |
| Metals | No | Yes |
What we checked
FXCM
- brokerchooser.com: 4 facts, checked September 26, 2026
- forexsuggest.com: 1 fact, checked September 26, 2026
- fxcmaffiliates.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 | FXCM | Hfm Partners |
|---|---|---|
| Features | Not confirmed | Mobile app, Demo account |
| Legal entity | Stratos Markets Limited | RB INTERNATIONAL MARKETS (USA) LLC |
| Support channels | Not confirmed |
Where each stands against the rest
| Fact | FXCM | Hfm Partners | Median |
|---|---|---|---|
| Minimum deposit | $50above the median | $5,000highest quarter | $25 |
| Retail accounts that lose money | 63%lowest quarter | Not confirmed | 72.05% |
Median across 134 listed brokers.
Pros and cons
FXCM
Pros
- FCA regulation with FSCS up to GBP 85,000 protection standing behind client money.
- forex, cfds and crypto markets sit in the same account, so CFD and crypto trades stay under the same licence.
- A named UK operator, Stratos Markets Limited, sits behind the brand and the FCA licence 217689.
Cons
- The $50 minimum deposit is higher than CFI at $0 and Vantage at $5.
- The market list stops at forex, cfds and crypto, so no shares, ETFs or futures dealing sits alongside currency and crypto.
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
FXCM
Who it suits
- UK retail traders who want forex, CFDs and crypto under a single FCA licence rather than several brokers.
- Traders who check the operator before depositing: Stratos Markets Limited and licence 217689.
- Anyone prepared for leverage, with 63% of retail accounts losing money.
Who should look elsewhere
- eToro, if you also want shares, ETFs and futures, since it lists stocks, etfs and forex.
- CFI, if you want to start without committing cash, since its minimum deposit is $0.
- Vantage, if a smaller starting deposit matters, since Vantage asks $5.
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
FXCM
What do I need to deposit to open an FXCM account?+
The published minimum deposit is $50, higher than the €4.64 median across brokers on the site. For comparison, CFI lists a minimum deposit of $0 and Vantage $5. Beyond that floor the account size is yours to set, and it shapes position sizing rather than the trading fee.
Who regulates FXCM in the UK?+
FXCM is regulated in the UK by the FCA, the sole regulator listed for the brand, and the FCA licence number is 217689. UK clients therefore sit inside the UK regulatory perimeter, with rules on how the firm holds money and treats clients. Anyone outside the UK would need to check their own regulator before opening.
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.