Advertiser disclosure: some links on this page may be affiliate links, meaning BrokerCatalogue may earn a commission if you open an account. This never affects the data shown here, which is drawn from our catalogue and compared mechanically. How we make money.
Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Trust rank #29 · Founded 2010
HFM (formerly HotForex) is a well-regarded forex and CFD broker offering broad market access through popular platforms, varied account types, and risk management tools. It provides research, education, and multilingual support with…
Read the HFM review
Trust rank #11 · Founded 2024
ScoreCM is a forex broker offering online access to currency and CFD markets via web and mobile platforms, with account options, trading tools, education, and customer support. Verify its regulatory status, fees,…
Read the ScoreCM reviewHFM (Cyprus, founded 2010) holds 4 regulatory licences (CySEC, DFSA, FCA, FSCA), 1 of them tier-1, offers MT4, MT5 and sits in our low-fee bracket. ScoreCM (founded 2024) holds 9 regulatory licences (MW, DOM, PH, NG, KE…), offers MT5 and sits in our low-fee bracket. The two overlap in 201 countries; HFM is available in 27 countries where ScoreCM is not, and ScoreCM in 2 where HFM is not.
Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | HFM | ScoreCM |
|---|---|---|
| Trust rank | #29 | #11 |
| Founded | 2010 | 2024 |
| Headquarters | Cyprus | Not verified |
| Regulators | CySEC, DFSA, FCA, FSCA | MW, DOM, PH, NG, KE, ZA, UG, TZ, GH |
| Broker type | Market Maker, STP | Market Maker |
| Platforms | MT4, MT5 | MT5 |
| Instruments | Commodities, Forex, Indices, Metals | Commodities, Forex, Indices, Metals |
| Countries accepted | 228 countries | 203 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Copy Trading, Retail Trading | Professional Trading, Retail Trading |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.
Available at both (201): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia and 161 more.
Only HFM (27): Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia and 2 more.
Only ScoreCM (2): Canada, United Arab Emirates.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
ScoreCM holds more regulatory licences: HFM (CySEC, DFSA, FCA, FSCA) versus ScoreCM (MW, DOM, PH, NG, KE, ZA, UG, TZ, GH). Tier-1 licences: HFM 1, ScoreCM 0.
HFM offers MT4, MT5; ScoreCM offers MT5.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
HFM is the older of the two, founded in 2010; ScoreCM was founded in 2024.
They overlap in 201 countries. HFM is additionally available in 27 countries (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia and 21 more) and ScoreCM in 2 countries (Canada, United Arab Emirates).
Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.