HFM vs Key To Markets: 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.

AttributeHFMKey To Markets
Licence Score70Strong59Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record72
1 FCA United Kingdom LicensedLicensed
2 CySEC Cyprus Licensed · 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 Licensed—
Founded20102010
HeadquartersCyprusUnited Kingdom
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryMT4, MT5
Minimum depositNo minimumUS$100
VisitVisit siteVisit site

Frequently asked questions

Is HFM or Key To Markets better regulated?

HFM has the higher Licence Score (70 vs 59), based on the number and tier of licences, operating history and public listing.

Which regulators license both HFM and Key To Markets?

Both are matched to licences from FCA and FSC (MU).

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.