HFM (HotForex) vs Skilling: which broker is better in 2026?
We compare HFM (HotForex) and Skilling — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Skilling edges ahead (3.6/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaHFM (HotForex)Skilling
Overall score 3.5 3.6
Regulation & safety 3.0 3.5
Fees & deposit 3.5 3.5
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score68/10072/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, HFM appSkilling Trader, cTrader, MetaTrader 4
Fee modelVarious accounts (spread/zero); figures varyStandard/Premium; competitive
Pros & cons
- 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
- A clean in-house platform + cTrader/MT4; CySEC regulation
- Beginner-friendly with a modern UX
- Competitive spreads (Premium account)
- A relatively new & small broker
- Seychelles entity for non-EU clients
- Leverage is high-risk
Regulation at a glance
HFM (HotForex)
HFM (formerly HotForex) — regulated by CySEC, FCA, FSCA, DFSA, FSA (Seychelles), FSC (Mauritius). Many clients via offshore entities.
Skilling
Scandinavian (2016) — regulated by CySEC (Cyprus), FSA (Seychelles). Own platform + cTrader + MT4.