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Interactive Brokers vs HFM 2022

April 26, 2022
Last modified June 23, 2022

Interactive Brokers is better than HFM.

Trying to decide between Interactive Brokers and HFM? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

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Overall Rating expand_moreexpand_less Interactive Brokers HFM XTB
Overall Rating star 9.2 / 10 star 7.6 / 10 star 8.7 / 10
Account Type expand_moreexpand_less Interactive Brokers HFM XTB
Standard Account Yes Yes Yes
Mini Account Yes Yes Yes
Micro Account No Yes Yes
Islamic Account No Yes Yes
Copy Trading expand_moreexpand_less Interactive Brokers HFM XTB
Social Trading / Copy Trading No Yes Yes
DupliTrade No No No
ZuluTrade No No No
Cryptocurrency expand_moreexpand_less Interactive Brokers HFM XTB
Cryptocurrency (Physical) Yes No No
Cryptocurrency (CFD) No Yes Yes
Bitcoin No Yes Yes
ethereum No Yes Yes
Forex Trading expand_moreexpand_less Interactive Brokers HFM XTB
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Indices (Index CFDs) expand_moreexpand_less Interactive Brokers HFM XTB
DAX Yes Yes Yes
Dow Jones Yes Yes Yes
FTSE Yes Yes Yes
NASDAQ 100 Yes Yes Yes
Nikkei Yes Yes Yes
SP 500 Yes Yes Yes
Investments expand_moreexpand_less Interactive Brokers HFM XTB
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Spread Betting No No No
Social Trading / Copy Trading No Yes Yes
Metals Yes Yes Yes
Energies No Yes Yes
Agriculturals Yes Yes Yes
ETF Yes Yes No
U.S. Stocks (CFD) Yes Yes Yes
Trading Platforms expand_moreexpand_less Interactive Brokers HFM XTB
Apple iOS App Yes Yes Yes
Android App Yes Yes Yes
Proprietary Platform Yes No Yes
Desktop Platform (Windows) Yes Yes Yes
Web Platform Yes Yes Yes
MetaTrader 4 (MT4) No Yes Yes
MetaTrader 5 (MT5) No Yes No
Regulatory Licenses expand_moreexpand_less Interactive Brokers HFM XTB
Tier-1 Licenses 8 1 1
ASIC Authorised (Australia) Yes No No
IIROC Authorised (Canada) Yes No No
FCA Authorised (U.K.) Yes Yes Yes
SFC Authorised (Hong Kong) Yes No No
MAS Authorised (Singapore) Yes No No
FINMA Authorised (Switzerland) Yes No No
CFTC Registered (USA) Yes No No
Tier-2 Licenses 1 3 3
Tier-3 Licenses 0 1 1
Research, Education expand_moreexpand_less Interactive Brokers HFM XTB
Trading Central (Recognia) Yes No No
Forex News (Top-Tier Sources) Yes Yes Yes
Daily Market Commentary Yes Yes Yes
Autochartist No Yes No
Investor Dictionary (Glossary) Yes No No
Videos - Beginner Trading Videos Yes Yes Yes
Client Webinars (Archived) Yes Yes Yes
Trading Costs expand_moreexpand_less Interactive Brokers HFM XTB
Minimum Initial Deposit $0 $5 $0
Average Spread EUR/USD - Standard 0.6 (From 09/25/21 - 10/02/21) 1.2 (August 2021) 0.9 (Q3 2021)
All-in Cost EUR/USD - Active 0.6 (From 09/25/21 - 10/02/21) 0.9 (August 2021) 0.9 (Q3 2021)
Active Trader or VIP Discounts Yes No Yes
Bank Wire (Deposit/Withdraw) Yes Yes Yes
Visa/Mastercard (Credit/Debit) No Yes Yes
PayPal (Deposit/Withdraw) No No Yes
Trading Tools expand_moreexpand_less Interactive Brokers HFM XTB
Watchlists - Total Fields 651 7 8
Mobile Watchlist Yes Yes Yes
Charting - Indicators / Studies (Total) 127 15 39
Mobile Charting - Indicators / Studies 98 30 39
Trust Factors expand_moreexpand_less Interactive Brokers HFM XTB
Year Founded 1977 2010 2002
Publicly Traded (Listed) Yes No Yes
Bank No No No
Authorised in European Union Yes Yes Yes
Trust Score 99 85 95
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