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HFM vs Interactive Brokers

By · Facts re-checked (UTC)

Here is how HFM and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

HFMInteractive Brokers
RegulatorsCySEC, FCA, FSA Seychelles, FSCAFCA, CBI, ASIC
Minimum deposit–No account minimum
Commission–0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I
Platforms–Trader Workstation (TWS), IBKR Mobile, Client Portal
Retail accounts losing money–59.7%

Full reviews: HFM review · Interactive Brokers review

Frequently asked questions

Are HFM and Interactive Brokers regulated?

HFM: CySEC, FCA, FSA Seychelles, FSCA. Interactive Brokers: FCA, CBI, ASIC.

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 more