HFM vs Skilling: 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.

AttributeHFMSkilling
Licence Score70Strong44Weak
Strongest licence 1 Tier 1 2 Tier 2
Licences on record72
1 FCA United Kingdom Licensed—
2 CySEC Cyprus Licensed · Licence 183/12Licensed
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 LicensedLicensed
Founded20102016
HeadquartersCyprusCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryProprietary, MT4, cTrader
Minimum depositNo minimumUS$100
VisitVisit siteVisit site

Frequently asked questions

Is HFM or Skilling better regulated?

HFM has the higher Licence Score (70 vs 44), based on the number and tier of licences, operating history and public listing.

Which regulators license both HFM and Skilling?

Both are matched to licences from CySEC 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.