Fusion Markets vs HFM (HotForex): which broker is better in 2026?
We compare Fusion Markets and HFM (HotForex) — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Fusion Markets edges ahead (3.9/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaFusion MarketsHFM (HotForex)
Overall score 3.9 3.5
Regulation & safety 3.5 3.0
Fees & deposit 4.5 3.5
Platform & assets 3.5 4.0
User support 4.0 3.5
Trust score76/10068/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingViewMetaTrader 4, MetaTrader 5, HFM app
Fee modelVery low commission — among the lowest in the industryVarious accounts (spread/zero); figures vary
Pros & cons
- One of the lowest costs in the industry (very small commission)
- ASIC regulation + wide platform selection
- Well-regarded support
- A relatively new (2019) & small broker
- Many clients via the VFSC Vanuatu entity (light regulation)
- Leverage is high-risk
- Many account types & instruments; CySEC/FCA licenses for certain entities
- Global presence & promotions
- MT4/MT5
- Many retail clients via offshore entities (Seychelles/Mauritius)
- Relies on promotions; read the terms
- Leverage is high-risk
Regulation at a glance
Fusion Markets
Australian (2019) — regulated by ASIC (Australia), VFSC (Vanuatu for the global entity), FSA (Seychelles).
HFM (HotForex)
HFM (formerly HotForex) — regulated by CySEC, FCA, FSCA, DFSA, FSA (Seychelles), FSC (Mauritius). Many clients via offshore entities.