HFM vs InstaForex

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

	HFM	InstaForex
Licences on a register	6 of 6	0 of 1
Regulators	FSCAFCACySECFSA SeychellesCMA KenyaDFSA	FSC BVI
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	from $4Per lot on the zero-spread offer
Min deposit	R0Premium account. Zero R450, Pro R900, Pro Plus R1,800	$1Account types page
Max leverage	—	1:5000'From 1:1 to 1:5000'
Platforms	—	MT4, MT5Platforms named on the broker's own site
Licences stated✓ = matched on register	✓ FSCA 46632 ✓ FCA 801701 ✓ CySEC 183/12 ✓ FSA Seychelles SD015 ✓ CMA Kenya 155 ✓ DFSA F004885	· FSC BVI SIBA/L/14/1082
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	None found
Trustpilot	4.52,935 reviewsRead on Trustpilot ↗	—Read on Trustpilot ↗
Regulator warning naming the firm	None found	Yes
Visit	Visit HFM	Visit InstaForex

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 Info may be out of date or wrong.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