HFM
Libertex
HFM vs Libertex
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
HFM and Libertex are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. HFM, founded in 2010 and headquartered in Limassol, Cyprus, is regulated by CySEC, FCA, FSCA, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $5. Libertex, established in 2012 in Limassol, Cyprus, holds licenses from CySEC with spreads from 0.0 pips and a $10 minimum deposit. In our hands-on testing across 8 scoring categories, HFM scored 8/10 overall compared to Libertex's 7.4/10, making it the stronger pick for most traders. That said, Libertex holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
HFM scores 8/10 overall vs 7.4/10 for Libertex — a 0.6-point difference.
- 💵
HFM requires just $5 to start, while Libertex needs $10 — HFM is 2x more accessible.
- 📈
HFM offers 1,200+ instruments vs 300+ at Libertex — a massive gap in market coverage.
- 🖥️
HFM runs on MT4, MT5, HFM App, while Libertex uses Libertex Platform, MT4, MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: HFM scores 9.0 vs 7.0 for Libertex — a 2.0-point difference.
Our Verdict
HFM
Score: 8.0/10 · Wins 5 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
Libertex
Score: 7.4/10 · Wins 0 categories- You prefer Libertex's trading environment overall
HFM takes the lead with an overall score of 8/10 compared to 7.4/10, winning in 5 out of 8 scoring categories. HFM stands out for lower trading costs and stronger regulation, while Libertex remains a solid alternative.
Detailed Verdict
After testing both brokers with real accounts, HFM comes out ahead with a 8/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. HFM holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Libertex is not without merit — it scores 7.4/10 overall and excels in Trading Costs (7.5/10). For a complete breakdown, read our full HFM review and Libertex review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
HFM wins by 0.5 points
HFM wins by 2.0 points
HFM wins by 1.0 points
HFM wins by 0.5 points
HFM wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.0/10 ✓ | 7.4/10 |
| Min Deposit Lower is better | $5 ✓ | $10 |
| Max Leverage | 1:2000 | 1:500 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5, HFM App | Libertex Platform, MT4, MT5 |
| Regulation | CySEC, FCA, FSCA, FSA | CySEC |
| Founded Older track record highlighted | 2010 ✓ | 2012 |
| Markets | 1,200+ ✓ | 300+ |
Fees & Costs
When it comes to trading costs, HFM has the edge with a score of 8/10 versus 7.5/10 for Libertex. HFM offers spreads starting from 0.0 pips, while Libertex starts from 0.0 pips. The minimum deposit at HFM is $5, compared to $10 at Libertex. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
HFM scores 7.5/10 for platforms compared to 7.5/10 for Libertex. HFM provides MT4, MT5, HFM App, while Libertex offers Libertex Platform, MT4, MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. HFM is regulated by CySEC, FCA, FSCA, FSA (Tier 1), while Libertex holds licenses from CySEC (Tier 1). HFM scores 9/10 and Libertex scores 7/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, HFM leads with 7.5/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. HFM and Libertex both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
HFM offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while Libertex provides 24/5 Live Chat, Email with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
HFM scores 8/10 for deposits and withdrawals, while Libertex scores 7.5/10. HFM accepts Bank Transfer, Credit Card, Skrill, Neteller, Bitcoin, and Libertex supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. HFM requires a minimum deposit of $5 versus $10 for Libertex. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose HFM if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is HFM better than Libertex?
HFM scores higher overall (8/10 vs 7.4/10), winning 5 of 8 categories. However, Libertex remains competitive. The best choice depends on what matters most to your trading style.
Which has lower fees, HFM or Libertex?
HFM scores higher for trading costs. HFM offers spreads from 0.0 pips with a $5 minimum deposit, while Libertex starts from 0.0 pips with $10 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is HFM safe to trade with?
HFM is regulated by CySEC, FCA, FSCA, FSA and scores 9/10 for regulation. Libertex is regulated by CySEC with a score of 7/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, HFM or Libertex?
HFM scores 7.5/10 for platforms. HFM offers MT4, MT5, HFM App, while Libertex provides Libertex Platform, MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for HFM vs Libertex?
HFM requires a minimum deposit of $5, while Libertex requires $10. HFM has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.