FP 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.

AttributeFP MarketsHFM
Licence Score69Strong70Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record67
1 FCA United Kingdom —Licensed
1 ASIC Australia Licensed · AFSL 286354—
2 CySEC Cyprus Licensed · Licence 371/18Licensed · Licence 183/12
2 FSCA South Africa Licensed · FSP 50926Licensed · FSP 46632
2 DFSA United Arab Emirates —Licensed
3 FSC (MU) Mauritius LicensedLicensed
3 CMA (Kenya) Kenya LicensedLicensed
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20052010
HeadquartersAustraliaCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, Proprietary
Minimum depositUS$100No minimum
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Frequently asked questions

Is FP Markets or HFM better regulated?

HFM has the higher Licence Score (70 vs 69), based on the number and tier of licences, operating history and public listing.

Which regulators license both FP Markets and HFM?

Both are matched to licences from 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.