HFM (HotForex) vs Tickmill: which broker is better in 2026?
We compare HFM (HotForex) and Tickmill — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Tickmill edges ahead (3.8/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaHFM (HotForex)Tickmill
Overall score 3.5 3.8
Regulation & safety 3.0 3.5
Fees & deposit 3.5 4.5
Platform & assets 4.0 3.5
User support 3.5 3.5
Trust score68/10074/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, HFM appMetaTrader 4, MetaTrader 5
Fee modelVarious accounts (spread/zero); figures varyPro/Raw account with a small commission — among the cheapest
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
- Very low costs (Pro/Raw account) — a scalper favorite
- FCA/CySEC license + multi-region entities
- Fast execution
- Narrower product selection (core forex/CFD focus)
- Many retail clients via Seychelles/Labuan entities (not the FCA)
- 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.
Tickmill
Regulated by the FCA (UK), CySEC (Cyprus), FSA (Seychelles), FSCA (South Africa), DFSA (Dubai), Labuan FSA. Low-cost focus.