Baxia Markets vs HFM: licences compared
Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.
| Attribute | Baxia Markets | HFM |
|---|---|---|
| Licence Score | 15Very weak | 70Strong |
| Strongest licence | 4 Tier 4 | 1 Tier 1 |
| Licences on record | 1 | 7 |
| 1 FCA United Kingdom | — | Licensed |
| 2 CySEC Cyprus | — | Licensed · Licence 183/12 |
| 2 FSCA South Africa | — | Licensed · FSP 46632 |
| 2 DFSA United Arab Emirates | — | Licensed |
| 3 FSC (MU) Mauritius | — | Licensed |
| 3 CMA (Kenya) Kenya | — | Licensed |
| 4 FSA (Seychelles) Seychelles | Licensed | Licensed |
| Founded | 2019 | 2010 |
| Headquarters | Seychelles | Cyprus |
| Type | Forex & CFD broker | Forex & CFD broker |
| Publicly listed | No | No |
| Platforms | MT4, MT5 | MT4, MT5, Proprietary |
| Minimum deposit | — | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Baxia Markets or HFM better regulated?
HFM has the higher Licence Score (70 vs 15), based on the number and tier of licences, operating history and public listing.
Which regulators license both Baxia Markets and HFM?
Both are matched to licences from FSA (Seychelles).