eToro vs HFM

What each publishes, side by side. — means we haven't got it from the broker's own pages.

	eToro	HFM
Licences on a register	4 of 6	6 of 6
Regulators	CySECASICFSA SeychellesMASFSRA ADGMFCA	FSCAFCACySECFSA SeychellesCMA KenyaDFSA
Lowest spread	—	0.0Advertised minimum on Zero (forex & gold); Premium from 1.2
Commission / lot	$1–$2Per stock position open/close 'may apply', depending on market	from $3Zero account, per lot as stated by HFM (per-side or round-trip not specified). Premium: no commission
Min deposit	—	R0Premium account. Zero R450, Pro R900, Pro Plus R1,800
Licences stated✓ = matched on register	✓ CySEC 109/10 ✓ ASIC 491139 ✓ FSA Seychelles SD076 · MAS CMS101824 · FSRA ADGM 220073 ✓ FCA 583263	✓ FSCA 46632 ✓ FCA 801701 ✓ CySEC 183/12 ✓ FSA Seychelles SD015 ✓ CMA Kenya 155 ✓ DFSA F004885
Regulator warningsFCA list, name match	Clone of an authorised firm Clone of an authorised firm	Unauthorised firm using a similar name Clone of an authorised firm Unauthorised firm using a similar name Unauthorised firm using a similar name
Trustpilot	4.032,206 reviewsRead on Trustpilot ↗	4.52,935 reviewsRead on Trustpilot ↗
Regulator warning naming the firm	None found	None found
Visit	Visit eToro	Visit HFM

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Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.