HFM vs XM
Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.
Cent, Zero, Pro and Premium accounts from a $0 minimum, with leverage to 1:2000.
Standard and Ultra Low accounts from a $5 deposit, with a separate Shares account.
| Detail | HFM | XM |
|---|---|---|
| Regulation | HF Markets (UK) Ltd, FCA 801701 · HF Markets (SV) Ltd, St Vincent & the Grenadines 22747 IBC 2015 · HF Markets SA (PTY) Ltd, South Africa · HF Markets (Seychelles) Ltd | XM Global Limited, FSC Belize licence 8557558 (Securities Industry Act 2021) |
| Minimum Deposit | $0 (Cent, Zero, Premium) · $100 (Pro) · $250 (InfinityX) | $5 (Standard, Ultra Low) · $10,000 (Shares) |
| Max Leverage | 1:2000 (Cent, Zero, Pro, Premium) · Unlimited (InfinityX) | — |
| Spread From | Zero from 0 on forex · Pro from 0.6 pip · Cent and Premium from 1.4 pip · InfinityX from 0.303 pip | — |
| Commission | Zero: commission on forex pairs · others: none | — |
| Platforms | MetaTrader 4, MetaTrader 5, HFM WebTrader, HFM App, HFM Platform | MetaTrader 4, MetaTrader 5, XM App |
| Account Types | InfinityX, Cent, Zero, Pro, Premium | Standard, Ultra Low, Shares |
What the figures say
- Minimum Deposit: HFM lists $0 (Cent, Zero, Premium) · $100 (Pro) · $250 (InfinityX); XM lists $5 (Standard, Ultra Low) · $10,000 (Shares).
- HFM publishes its max leverage (1:2000 (Cent, Zero, Pro, Premium) · Unlimited (InfinityX)); XM does not state one on the pages we read.
- HFM publishes its spread from (Zero from 0 on forex · Pro from 0.6 pip · Cent and Premium from 1.4 pip · InfinityX from 0.303 pip); XM does not state one on the pages we read.
- HFM publishes its commission (Zero: commission on forex pairs · others: none); XM does not state one on the pages we read.
- Platforms: HFM lists MetaTrader 4, MetaTrader 5, HFM WebTrader, HFM App, HFM Platform; XM lists MetaTrader 4, MetaTrader 5, XM App.
- Account Types: HFM lists InfinityX, Cent, Zero, Pro, Premium; XM lists Standard, Ultra Low, Shares.
- HFM also lists Metals, Energies, Bonds, ETFs, Crypto.
A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.
HFM: why traders choose it
- Three of the five accounts open with a $0 minimum
- Zero account: spreads from 0 on forex with a per-pair commission, leverage to 1:2000
- Pro account: spreads from 0.6 pip, no commission, from $100
- Cent account trades in 1,000-unit lots with balances in US cents
- Margin call 50% and stop-out 20% on the main accounts; 60 standard lots per position
- Same five platforms on every account, including HFM's own WebTrader and app
XM: why traders choose it
- Standard and Ultra Low accounts open from $5
- Ultra Low is the account XM points high-volume traders to, for lower spreads and swaps
- A separate Shares account for buying stock, from $10,000
- Bonuses on the Standard account, described by XM as boosting trading power
- Copy trading, trading competitions and a loyalty club run alongside the accounts
HFM pros
- The comparison table is complete: minimums, spreads, leverage, stop-out and lot limits for every account on one page
- A cent account and a $0 minimum make it easy to start very small
- The UK company's FCA number is printed in the footer next to the offshore entities
HFM cons
- The international site serves clients through the St Vincent, South African and Seychelles companies, not the FCA one
- Not offered to residents of the USA, Canada, UAE, Türkiye and several other countries
- The InfinityX account's unlimited leverage comes with a 20% margin call and 0% stop-out, which is a very short leash
XM pros
- One of the lowest entry points anywhere at $5
- The Ultra Low account gives a cheaper option without a commission model to learn
- MetaTrader 4 and 5 plus their own app, so nothing unfamiliar
XM cons
- The global site is the Belize entity; XM's European and Australian entities have different leverage caps and protections
- Spreads and leverage figures were not on the accounts page we read; they are in the account details after sign-up
- Bonuses come with their own terms, which are worth reading before taking one
About HFM
HFM (HF Markets) publishes one comparison table for its InfinityX, Cent, Zero, Pro and Premium accounts. Three open from $0, leverage reaches 1:2000 on the main accounts and is described as unlimited on InfinityX, and every account runs on MT4, MT5, HFM's WebTrader, app and platform.
About XM
XM offers three accounts on its global site: Standard and Ultra Low, both from a $5 minimum, and a Shares account from $10,000. The global entity, XM Global Limited, is licensed by the Financial Services Commission of Belize.
More comparisons
How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.