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Data refreshed 25 Sep 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 #6 · Editorial rating 10 / 10 · Founded 2019
Tastyfx is a Commodity Futures Trading Commission ("CFTC") registered Retail Foreign Exchange Dealer (RFED) and Introducing Broker (IB) and Forex Dealer Member (FDM) of the National Futures Association ("NFA"). Review its fees,…
Read the tastyfx 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. tastyfx (United States, founded 2019) holds 2 regulatory licences (CFTC, NFA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket.
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 | tastyfx |
|---|---|---|
| Editorial rating | Not verified | 10 / 10 |
| Trust rank | #29 | #6 |
| Founded | 2010 | 2019 |
| Headquarters | Cyprus | United States |
| Regulators | CySEC, DFSA, FCA, FSCA | CFTC, NFA |
| Broker type | Market Maker, STP | Market Maker |
| Platforms | MT4, MT5 | Proprietary |
| Instruments | Commodities, Forex, Indices, Metals | Forex |
| Countries accepted | 228 countries | 1 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | Spot Trading |
| Best-for use cases | Copy Trading, Retail 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.
Only HFM (228): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire and 203 more.
Only tastyfx (1): United States of America.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
HFM holds more regulatory licences: HFM (CySEC, DFSA, FCA, FSCA) versus tastyfx (CFTC, NFA). Tier-1 licences: HFM 1, tastyfx 2.
HFM offers MT4, MT5; tastyfx offers Proprietary.
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; tastyfx was founded in 2019.
They overlap in 0 countries. HFM is additionally available in 228 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola and 222 more) and tastyfx in 1 countries (United States of America).
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.