HFM vs Interactive Brokers

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

	HFM	Interactive Brokers
Licences on a register	6 of 6	4 of 5
Regulators	FSCAFCACySECFSA SeychellesCMA KenyaDFSA	SEC/CFTCFCACBIASICCIRO
Lowest spread	0.0Advertised minimum on Zero (forex & gold); Premium from 1.2	—
Commission / lot	from $3Zero account, per lot as stated by HFM (per-side or round-trip not specified). Premium: no commission	$0US stocks and ETFs on IBKR Lite
Min deposit	R0Premium account. Zero R450, Pro R900, Pro Plus R1,800	—
Licences stated✓ = matched on register	✓ FSCA 46632 ✓ FCA 801701 ✓ CySEC 183/12 ✓ FSA Seychelles SD015 ✓ CMA Kenya 155 ✓ DFSA F004885	✓ SEC/CFTC 0258600 ✓ FCA 208159 ✓ CBI C423427 ✓ ASIC 453554 · CIRO
Regulator warningsFCA list, name match	Unauthorised firm using a similar name Clone of an authorised firm Unauthorised firm using a similar name Unauthorised firm using a similar name	Clone of an authorised firm Clone of an authorised firm
Trustpilot	4.52,935 reviewsRead on Trustpilot ↗	—Read on Trustpilot ↗
Regulator warning naming the firm	None found	None found
Visit	Visit HFM	Visit Interactive Brokers

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 Info may be out of date or wrong.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