Alpari vs HFM 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
HFM has the higher TFB Score (89/100 vs 61/100).
Alpari, founded in 1998, is a trading name of Parlance Trading Ltd, licensed by the Mwali International Services Authority (an offshore regulator), offering Micro, Standard, ECN and Pro ECN accounts on MetaTrader 4, MetaTrader 5 and the Alpari app.
HFM (HF Markets Group) is a multi-regulated CFD broker offering MT4, MT5, its WebTrader and app, with a Premium account with no minimum deposit and a Zero account charging commission.
80.83% of retail CFD accounts lose money with this provider.
Side by side
| Item | Alpari | HFM |
|---|---|---|
| TFB Score | 61/100 | 89/100▲ |
| Regulation & safety | 7/35Strongest licence MISA (tier 3) | 32/35▲2 tier-1 regulators (CySEC, FCA), investor compensation |
| Fees & costs | 22/25All-in cost from 0.00 pips, no commission | 23/25▲All-in cost from 0.00 pips, no commission |
| Deposits & withdrawals | 16/20Minimum deposit $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN), 5 deposit methods, 5 withdrawal methods | 19/20▲Minimum deposit No minimum deposit (Premium and Cent accounts; Zero $25, Pro $100, InfinityX $500), 4 deposit methods, 3 withdrawal methods |
| Platforms & trading | 16/20▲MT4, MT5; leverage up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 15/20MT4, MT5; leverage up to 1:2000 (international site, HF Markets (SV) Ltd; InfinityX account: unlimited) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | MISA | CySEC, FCA, FSCA, FSA Seychelles, CMA Kenya |
| Minimum deposit | $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN) | No minimum deposit (Premium and Cent accounts; Zero $25, Pro $100, InfinityX $500) |
| Spreads from | 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) | 0.0 pips (Zero), 0.3 pips (InfinityX), 0.6 pips (Pro), 1.4 pips (Premium and Cent) |
| Commission | None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded | From $3 per lot (Zero account, $6 round turn per 100,000 units on forex); Premium, Pro, Cent and InfinityX no commission |
| Max leverage | Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | up to 1:2000 (international site, HF Markets (SV) Ltd; InfinityX account: unlimited) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Debit and credit cards, E-wallets, Local payment methods, Cryptocurrency | Bank transfer, Credit/debit cards, Alternative methods |
| Retail accounts losing money | Not published | 80.83% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Alpari review · HFM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Alpari or HFM better?
HFM has the higher TFB Score (89/100 vs 61/100). The best choice depends on your country, platform and payment method.
Are Alpari and HFM regulated?
Alpari: MISA. HFM: CySEC, FCA, FSCA, FSA Seychelles, CMA Kenya. Every licence is linked to the regulator's register on each review.
Which is safer, Alpari or HFM?
Alpari holds no tier-1 licence; HFM holds 2 (CySEC and FCA). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at Alpari and HFM?
Alpari: $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN). HFM: No minimum deposit (Premium and Cent accounts; Zero $25, Pro $100, InfinityX $500).
Which has tighter spreads, Alpari or HFM?
Published spreads start from 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) at Alpari and 0.0 pips (Zero), 0.3 pips (InfinityX), 0.6 pips (Pro), 1.4 pips (Premium and Cent) at HFM; commission: Alpari None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded, HFM From $3 per lot (Zero account, $6 round turn per 100,000 units on forex); Premium, Pro, Cent and InfinityX no commission.
Do Alpari and HFM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. Alpari: MetaTrader 4, MetaTrader 5, Alpari Mobile App. HFM: MetaTrader 4, MetaTrader 5, HFM WebTrader, HFM App.
What is the maximum leverage at Alpari and HFM?
Alpari: Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd). HFM: up to 1:2000 (international site, HF Markets (SV) Ltd; InfinityX account: unlimited). Leverage depends on the company that opens your account and on your country.
More Alpari comparisons
More HFM comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning