Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
HFM
$0.00Tightest Spreads
HFM
From 0.0 pips pipsHighest Leverage
OctaFX
1:Up to 1:1000Best Rated
OctaFX
Mobile Trading
Both
✓✓General Information
HFM
Regulation
FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)
Founded
N/A
Headquarters
Cyprus
Overall Rating
OctaFX
Regulation
CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
Founded
N/A
Headquarters
Vincent
Overall Rating
Trading Conditions
| Feature | HFM | OctaFX |
|---|---|---|
| Minimum Deposit | $0.00 | $25.00 |
| Average Spreads | From 0.0 pips | From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. |
| Maximum Leverage | 1:2000 | Up to 1:1000 |
| Commission | None | None |
Account Types
HFM
OctaFX
Platforms & Tools
HFM
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
OctaFX
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
HFM
Deposit Methods
Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Fasapay, Cryptocurrencies (Bitcoin via BitPay), Local options (e.g., Momo Wallet, Nganluong)
Withdrawal Methods
Same as deposits: Credit/Debit Cards, Bank Wire (min $150), Skrill, Neteller, Cryptocurrencies
Withdrawal Fee
None
OctaFX
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Bank Wire Transfer, Cryptocurrencies (Bitcoin, USDT, 10+ options).
Withdrawal Methods
Same as deposits: Processed same-day for e-wallets/crypto; 1-3 days for wires. Broker covers all fees (third-party may apply).
Withdrawal Fee
None
Support
HFM
Support Languages
20+ including English, Arabic, Chinese, French, German, Hindi, Indonesian, Italian, Japanese, Malay, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese
Support Channels
24/5 via live chat, email, phone; multilingual in 20+ languages
Account Manager
Available
OctaFX
Support Languages
English, Arabic, Chinese, Spanish, Indonesian, Malay, Thai, Vietnamese – 10+ for Asian/global users.
Support Channels
24/7 via Live Chat, Email (support@octafx.com), WhatsApp/Phone; Response <1 min.
Account Manager
Available
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