CFI 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.

AttributeCFIHFM
Licence Score51Moderate70Strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record47
1 FCA United Kingdom —Licensed
2 CySEC Cyprus LicensedLicensed · Licence 183/12
2 FSCA South Africa —Licensed · FSP 46632
2 DFSA United Arab Emirates —Licensed
3 FSC (MU) Mauritius LicensedLicensed
3 CMA (Kenya) Kenya —Licensed
4 FSA (Seychelles) Seychelles LicensedLicensed
4 VFSC Vanuatu Licensed—
Founded19982010
HeadquartersCyprusCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryMT4, MT5, Proprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is CFI or HFM better regulated?

HFM has the higher Licence Score (70 vs 51), based on the number and tier of licences, operating history and public listing.

Which regulators license both CFI and HFM?

Both are matched to licences from CySEC, FSC (MU) and FSA (Seychelles).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.