IC Markets vs HFM: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

IC Markets
IC Markets
VS
HFM
HFM

Quick Summary

Best for Beginners

HFM

$0.00

Tightest Spreads

HFM

From 0.0 pips pips

Highest Leverage

IC Markets

1:1:500

Best Rated

HFM

4.50
/5

Mobile Trading

Both

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General Information

IC Markets

Regulation

Founded

N/A

Headquarters

IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles.

Overall Rating

4.00/5

HFM

Regulation

FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)

Founded

N/A

Headquarters

Cyprus

Overall Rating

4.50/5

Trading Conditions

Feature IC Markets HFM
Minimum Deposit $200.00 $0.00
Average Spreads Starts from 0.0 From 0.0 pips
Maximum Leverage 1:500 1:2000
Commission None None

Account Types

IC Markets

Standard Accounts Raw Account

HFM

Standard Accounts Islamic Account ECN Accounts Classic Account Copy Trading Accounts VIP Accounts Raw Account Micro Accounts

Platforms & Tools

IC Markets

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

HFM

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

IC Markets

Deposit Methods

IC Markets supports deposits via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Most are instant, while bank wires take 2-5 days. No deposit fees, but third-party charges may apply.

Withdrawal Methods

IC Markets offers withdrawals via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Processing times vary, with most methods taking 1-2 business days. No withdrawal fees, but third-party charges may apply.

Withdrawal Fee

None

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

Support

IC Markets

Support Languages

English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese.

Support Channels

24/7 support via live chat, email, and phone.

Account Manager

Available

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

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