FXTM (ForexTime) vs HFM (HotForex): which broker is better in 2026?
We compare FXTM (ForexTime) and HFM (HotForex) — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Both score evenly overall — the right choice depends on which criteria matter most to you.
Side-by-side comparison
CriteriaFXTM (ForexTime)HFM (HotForex)
Overall score 3.5 3.5
Regulation & safety 3.0 3.0
Fees & deposit 3.5 3.5
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score68/10068/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5, HFM app
Fee modelStandard / advantage spread; figures varyVarious accounts (spread/zero); figures vary
Pros & cons
- Strong presence in Africa & Asia; good education
- FCA/CySEC licenses for certain entities
- MT4/MT5 + various account types
- Many retail clients via the Mauritius entity (lighter regulation)
- Standard spread is not the cheapest
- 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
FXTM (ForexTime)
ForexTime (FXTM) — regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius). Many clients via the Mauritius entity.
HFM (HotForex)
HFM (formerly HotForex) — regulated by CySEC, FCA, FSCA, DFSA, FSA (Seychelles), FSC (Mauritius). Many clients via offshore entities.