Exness vs HFMarkets Comparison

Feature
Exness
HF Markets (HotForex)
Founded
2008
2010
Regulation
CySEC (Cyprus), FCA (UK), FSCA (South Africa), FSA (Seychelles), FSC (BVI)
CySEC (Cyprus), FCA (UK), FSCA (South Africa), FSA (Seychelles), DFSA (Dubai), CMA (Kenya)
Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Exness Web Terminal
MetaTrader 4 (MT4), MetaTrader 5 (MT5), HF App, HFcopy
Account Types
Standard, Pro, Raw Spread, Zero, Standard Cent
Micro, Premium, Zero Spread, Auto, PAMM, HFCopy
Minimum Deposit
$1 for Standard account
$5 for Micro account
Leverage
Up to 1:2000 (regulated regions have different leverage limits)
Up to 1:1000 (leverage varies by region and account type)
Spreads
Tight spreads starting from 0.0 pips on Raw Spread and Zero accounts, spreads vary based on account type and market conditions
Tight spreads from 0.1 pips on Zero Spread account, spreads vary by account type
Commissions
No commission on Standard accounts, commissions on Raw Spread (starting at $3.5 per lot per side) and Zero accounts
Commissions on Zero Spread account (starting from $3 per lot per side), other accounts have no commissions
Trading Instruments
Forex, Cryptocurrencies, Metals, Energies, Indices, Stocks
Forex, Cryptocurrencies, Metals, Energies, Indices, Bonds, Shares, Commodities
Trading Fees
Low to medium, varies by account type and spreads
Low to medium, spreads and commissions depend on account type
Deposit Methods
Bank Transfer, Credit/Debit Cards, Neteller, Skrill, Bitcoin, Tether
Bank Transfer, Credit/Debit Cards, Neteller, Skrill, Bitcoin
Withdrawal Methods
Bank Transfer, Credit/Debit Cards, Neteller, Skrill, Bitcoin, Tether
Bank Transfer, Credit/Debit Cards, Neteller, Skrill, Bitcoin
Withdrawal Fees
None on most payment methods, some methods may incur minor fees
Free for most methods, minor fees for some methods
Execution Type
Market Execution
Market Execution
Copy Trading
Yes, available via Exness Social Trading
Yes, available through HFcopy
Education Resources
Webinars, Articles, Trading Basics, Analysis Tools, Market News
Webinars, Articles, Trading Courses, Market News, Analysis Tools
Research Tools
Economic Calendar, Market Analysis, Trading Calculators, Technical Indicators
Economic Calendar, Market Analysis, Trading Calculators, Chart Analysis Tools
Customer Support
24/7 customer support via live chat, email, phone
24/5 customer support via live chat, email, phone
Mobile Trading
Available through MT4, MT5, Exness Trader app
Available through MT4, MT5, HF app
Demo Account
Yes, unlimited demo accounts available
Yes, unlimited demo accounts available
Islamic Account
Yes, swap-free Islamic accounts available
Yes, swap-free Islamic accounts available
Promotions/Bonuses
No deposit bonuses or promotional offers
Occasionally offers bonuses, promotions vary by region
Account Verification Time
Quick and fully online, typically within 24 hours
Generally takes 1-2 days, depending on document verification
Security of Funds
Segregated client funds, regulated by top-tier authorities, negative balance protection
Segregated client funds, regulated by multiple authorities, negative balance protection
Advanced Trading Features
VPS service, algorithmic trading compatibility, advanced charting tools
VPS service, algorithmic trading compatibility, advanced charting tools
Risk Management Tools
Stop Loss, Take Profit, Negative Balance Protection
Stop Loss, Take Profit, Negative Balance Protection
Accepted Countries
Available globally, restrictions in some countries like the USA, Canada, and a few others
Available globally, restrictions in some countries including the USA and Canada
Overall Reputation
Known for competitive pricing, reliable services, good support, and stability
Well-regarded for trading variety, research tools, and user-friendly experience
Account Currency Options
Wide range including USD, EUR, GBP, AUD, JPY, CAD, BTC, and other cryptocurrencies
Limited to major currencies such as USD, EUR, GBP, ZAR
Fractional Pip Pricing
Yes, Exness offers fractional pip pricing to improve price accuracy
Yes, also supports fractional pip pricing
Order Types
Market Orders, Limit Orders, Stop Orders, Trailing Stops, Pending Orders
Market Orders, Limit Orders, Stop Orders, Trailing Stops, Pending Orders
Order Execution Speed
Extremely fast with an average execution speed of 0.01 seconds
Generally fast execution, aiming for under 0.1 seconds
Minimum Lot Size
0.01 lots on most accounts
0.01 lots across all accounts
Social Media Presence
Active on Instagram, Twitter, Facebook, YouTube, LinkedIn
Active on Instagram, Twitter, Facebook, YouTube, LinkedIn
Spread Betting
Not available
Not available
Scalping Allowed
Yes, scalping is allowed
Yes, scalping is allowed
Hedging Allowed
Yes, hedging is permitted
Yes, hedging is permitted
News Trading Allowed
Yes, Exness allows news trading
Yes, HotForex allows news trading
Automated Trading
Supports Expert Advisors (EAs) for MT4 and MT5, API trading available
Supports Expert Advisors (EAs) for MT4 and MT5, no API trading
Swap-Free for Muslim Clients
Yes, Islamic account option available, swap-free options vary by account type
Yes, Islamic account option available, swap-free options available
Negative Balance Protection
Yes, negative balance protection provided
Yes, negative balance protection provided
Partnership Programs
Offers affiliate programs with commission, also has an Introducing Broker (IB) program
Offers affiliate and IB programs, with variable commission structures
Website Languages
Supports over 20 languages, including English, Spanish, Arabic, Chinese, Russian, and more
Supports around 15 languages, including English, Spanish, Arabic, Chinese, and French
User Interface Customization
Allows some customization in trading platform interfaces
Limited customization options in trading platforms
Analytics and Reports
Detailed analytics with trade history, reports on Exness Web Terminal
Reports available through the client portal and MT4/MT5
Account Funding Time
Instantly with most payment methods, bank transfers may take up to a few business days
Instantly with most payment methods, bank transfers may take 1-3 business days
Withdrawal Processing Time
Instant on e-wallets and cryptos, 1-5 days for bank transfers
Same-day processing for e-wallets, 1-5 days for bank transfers
Multi-Account Management (MAM)
Offers Multi-Account Management (MAM) solutions for professional account managers
Offers PAMM (Percent Allocation Management Module) accounts for account managers
Advanced Order Protection
Supports one-click trading, margin stop-outs, stop loss, take profit
One-click trading, margin stop-outs, stop loss, take profit
Charting Features
High-level charting on MT4, MT5, Exness Web Terminal, includes technical indicators, oscillators, drawing tools
Advanced charting with MT4, MT5, and HF app, includes indicators, oscillators, and drawing tools
API Trading
API available for institutional clients or advanced traders
No direct API trading option
Cryptocurrency Trading
Available with BTC, ETH, LTC, XRP, BCH, and other major cryptos
Available with BTC, ETH, LTC, XRP, BCH, DOGE
Account Verification Process
Straightforward online verification, typically within 24 hours
Verification may take longer, depending on regional requirements
Transaction Transparency
Transparent fees on each transaction, all costs clearly visible before order placement
Transparent fee structure with visible spreads, commission details available pre-trade
Customer Service Languages
Multi-language support in over 20 languages
Multi-language support in around 15 languages
Trader Protection Tools
Price alerts, automatic balance reset, real-time notifications
Price alerts, automated balance monitoring
Yearly Inactivity Fee
No inactivity fee charged
Inactivity fee of $5 per month after six months of inactivity
Reputation and Awards
Holds multiple awards for reliability and trading conditions
Received several awards for customer support, trading innovation, and overall performance
Account Security
Two-factor authentication (2FA) available, encrypted data protection, secure server connections
Two-factor authentication (2FA) available, SSL encryption, secure server connections
Segregation of Funds
Client funds are held in segregated accounts, protected under regulatory guidelines
Client funds are held in segregated accounts, with strict regulatory requirements
VIP Programs
No formal VIP program, but offers Pro and Zero accounts with premium trading conditions
Offers a VIP program with additional benefits such as personal account managers, priority support
Market Depth (DOM)
Market Depth feature available on the Exness Web Terminal and MT5
Limited market depth feature, available only on certain account types and on MT5
Micro-Lot Trading
Yes, available on most account types including Standard
Yes, available on all accounts
Algo-Trading Support
Full support for Expert Advisors (EAs) on MT4/MT5, ideal for automated and algo trading strategies
Supports Expert Advisors (EAs) for MT4/MT5, also suitable for automated trading
Dealing Desk
No dealing desk (NDD) model on Raw Spread and Zero accounts
NDD and STP (Straight Through Processing) execution on select accounts
Price Improvement/Slippage Control
Controls for positive/negative slippage on volatile market moves
Moderate slippage control, price improvements available on some account types
Multi-Language Website Versions
Supports over 20 languages on the Exness website, adaptable for international clients
Available in around 15 languages, adapted to cater to different regions and clients
Currency Conversion Fees
No currency conversion fees for most funding methods
Potential currency conversion fees, depending on the chosen method
Professional Indemnity Insurance
Coverage varies by regulatory region, providing additional protection for clients under some jurisdictions
Professional indemnity insurance under FCA and CySEC regulations
News Feed Integration
Integrated market news feed in the trading terminal
News feed available through the platform and client portal
Charting Timeframes
Over 20 timeframes on MT5, standard options on MT4
Wide range of timeframes on MT4 and MT5
Crypto as Base Currency
Allows trading accounts in cryptocurrency base currencies like BTC, USDT
Limited to fiat currencies as base currency
User Interface Languages
MT4, MT5, and Web Terminal available in multiple languages
MT4, MT5, and HF app available in multiple languages
Order Durations
Good Till Canceled (GTC), Good Till Date (GTD), Good for the Day (GFD)
Good Till Canceled (GTC), Good for the Day (GFD)
Overnight Fees (Swap Rates)
Competitive swap rates, swap-free options for Islamic accounts
Competitive swap rates, swap-free for Islamic accounts
MetaTrader Plugins/Extensions
Various MT4/MT5 plugins including economic calendar, news feed, indicator extensions
Limited plugins, primarily standard MT4/MT5 tools
Order Execution Policies
Focuses on fast execution speed, low latency, strict adherence to market orders
Prioritizes best possible execution, focus on minimizing latency
Funding and Withdrawal Times
Instant for e-wallets and crypto, 1-5 days for bank transfers
Quick processing for e-wallets, typically within the same day, 1-3 days for bank transfers
Corporate Accounts
Yes, available for institutional and corporate clients
Yes, available for corporate clients
Data Analysis Tools
Built-in analysis tools including moving averages, trend lines, pivot points
Basic data analysis tools, with additional plugins on MT5
Stop-Loss and Take-Profit Limits
Precise limits available, allows partial and full stop-loss/take-profit placements
Flexible take-profit and stop-loss, allows partial and full order close-out
Market Sentiment Indicators
Limited market sentiment tools, available only through MT5
Basic market sentiment indicators through MT5 and HF App
Mobile Charting Capabilities
Fully functional charting tools on mobile for MT4 and MT5
Mobile charting available on MT4, MT5, and HF app with indicators
Client Education Levels
Beginner, Intermediate, Advanced, with resources on risk management, strategies, and trading psychology
Beginner to Advanced, focusing on market analysis, trading strategies, and platform tutorials
Rebate Programs
Offers rebate programs for select accounts
Offers rebates under certain promotional structures
Drawdown Control
Tools to manage and limit drawdown, automatic margin calls to protect against excessive losses
Margin calls and stop-outs based on account margin thresholds
Multi-Device Compatibility
Accessible via desktop, web, and mobile versions for both MT4/MT5 and Exness Web Terminal
Compatible across desktop, web, and mobile via MT4/MT5 and HF App
Affiliate and Partner Programs
Comprehensive affiliate program with commission structures, also has dedicated account manager support
Varied affiliate and IB programs, structured with high potential commission
Event-Based Trading Alerts
Available on MT4/MT5, email and SMS alerts
Available through MT4/MT5 and HF App
Special Promotions
Occasional competitions for traders, but fewer promotions compared to other brokers
More frequent promotions, including deposit bonuses (region-specific), trading contests
Position-Based Margin Requirements
Margin adjustments based on position size and leverage
Variable margin requirements depending on account leverage
Trade Insurance
No explicit trade insurance, but offers negative balance protection
No direct trade insurance, offers negative balance protection
See also  Exness vs Pepperstone Comparison & Reviews

Exness and HF Markets offer competitive trading conditions with unique features, including advanced platform options, varied account types, and extensive educational resources. This comparison highlights their strengths in execution speed, fees, and account flexibility to guide your choice.