Exness 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.

AttributeExnessHFM
Licence Score68Strong70Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record97
1 FCA United Kingdom LicensedLicensed
2 CySEC Cyprus Licensed · Licence 178/12Licensed · Licence 183/12
2 FSCA South Africa Licensed · FSP 51024Licensed · FSP 46632
2 DFSA United Arab Emirates —Licensed
3 FSC (MU) Mauritius LicensedLicensed
3 CMA (Kenya) Kenya LicensedLicensed
3 JSC Jordan Licensed—
4 FSA (Seychelles) Seychelles LicensedLicensed
4 BVI FSC British Virgin Islands Licensed—
4 CBCS Curaçao Licensed—
Founded20082010
HeadquartersCyprusCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryMT4, MT5, Proprietary
Minimum depositUS$10No minimum
VisitVisit siteVisit site

Frequently asked questions

Is Exness or HFM better regulated?

HFM has the higher Licence Score (70 vs 68), based on the number and tier of licences, operating history and public listing.

Which regulators license both Exness and HFM?

Both are matched to licences from FCA, CySEC, FSCA, CMA (Kenya), 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.