HFM vs IronFX - BrokerCue
BrokerCue

Select your country to see eligible brokers

Account eligibility and broker availability depend on your country of residence. Setting this now allows us to hide brokers that do not accept clients from your country.

Broker Comparison

HFM vs IronFX

Compare HFM and IronFX side by side: fees, regulation, platforms.

HFM

HFM

Active forex and CFD traders

HFM is a multi-asset CFD and forex broker founded in 2010, regulated across six jurisdictions, offering 1,000…

VS
IronFX

IronFX

Active forex and CFD traders

IronFX is a Cyprus-founded forex and CFD broker offering 200+ instruments across multiple account types on Me…

Head-to-head comparison

HFM vs IronFX
Feature HFM IronFX
Minimum deposit - -
Stock trading fee - -
Regulators FCA, CySEC, FSCA, DFSA, CMA, FSA FCA, CySEC, FSCA, FSC
Best for Active forex and CFD traders Active forex and CFD traders
Markets & account
Stocks
-
ETFs
-
Forex
CFDs
Crypto
Bonds
-
Futures
Margin
Demo Account
Multi Currency
-

Pros & cons

HFM

HFM

Pros

  • Regulated by FCA, CySEC, FSCA, DFSA, CMA and FSA
  • No minimum deposit on most accounts
  • No deposit or withdrawal fees on standard methods
  • Raw zero-pip spreads available on Zero account
  • Over 1,000 tradable instruments across multiple asset classes
  • Free demo account available
  • Negative balance protection provided
  • Copy trading platform available

Cons

  • Inactivity fee of $5 per month after six months of dormancy
  • Zero account charges $3 per side per lot commission
  • US clients are not accepted
  • No cTrader or TradingView integration
  • EU retail leverage capped at 30:1 on major forex pairs
  • HF Markets EU entity accepts only professional and eligible counterparty clients
IronFX

IronFX

Pros

  • Regulated by FCA, CySEC, and FSCA
  • UK clients covered by FSCS up to GBP 85,000
  • 200+ instruments across forex, commodities, indices, shares, and crypto CFDs
  • Multiple account types including zero-spread ECN options
  • Free demo account available
  • Free VPS hosting for qualifying deposits
  • IronFX Academy educational resources
  • Copy trading via TradeCopier

Cons

  • Only MetaTrader 4 offered - no MT5 or cTrader
  • $50 annual inactivity fee after 12 months
  • 3% withdrawal fee if no trades have been placed
  • Offshore BVI entity offers materially lighter retail protections
  • History of client complaints and CySEC settlements in 2015 (EUR 335,000) and 2024 (EUR 100,000)
  • Not available to US residents
  • Minimum deposit of $250 on most account types
HFM

HFM

HFM is a multi-asset CFD and forex broker founded in 2010, regulated across six jurisdictions, offering 1,000-plus instruments on MT4, MT5 and a proprietary mobile app.

Visit HFM Read review

Your capital is at risk. Other fees apply.

IronFX

IronFX

IronFX is a Cyprus-founded forex and CFD broker offering 200+ instruments across multiple account types on MetaTrader 4, regulated by FCA, CySEC, and FSCA.

Visit IronFX Read review

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.

Compare another broker Browse all brokers