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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 #21 · Founded 2009
Vantage forex broker provides access to forex and CFD markets across multiple platforms with a choice of account types and trading tools. It offers research, education, and risk management features, and operates…
Read the Vantage 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. Vantage (Australia, founded 2009) holds 5 regulatory licences (ASIC, CIMA, FCA, FSCA, VFSC), 2 of them tier-1, offers MT4, MT5, Proprietary, TradingView and sits in our low-fee bracket. The two overlap in 225 countries; HFM is available in 3 countries where Vantage is not, and Vantage 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 | Vantage |
|---|---|---|
| Trust rank | #29 | #21 |
| Founded | 2010 | 2009 |
| Headquarters | Cyprus | Australia |
| Regulators | CySEC, DFSA, FCA, FSCA | ASIC, CIMA, FCA, FSCA, VFSC |
| Broker type | Market Maker, STP | ECN, STP |
| Platforms | MT4, MT5 | MT4, MT5, Proprietary, TradingView |
| Instruments | Commodities, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 228 countries | 227 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Copy Trading, Retail Trading | Copy 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 (225): 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, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, Christmas Island and 185 more.
Only HFM (3): China, India, Singapore.
Only Vantage (2): Türkiye, 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.
Vantage holds more regulatory licences: HFM (CySEC, DFSA, FCA, FSCA) versus Vantage (ASIC, CIMA, FCA, FSCA, VFSC). Tier-1 licences: HFM 1, Vantage 2.
HFM offers MT4, MT5; Vantage offers MT4, MT5, Proprietary, TradingView.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
Vantage is the older of the two, founded in 2009; HFM was founded in 2010.
They overlap in 225 countries. HFM is additionally available in 3 countries (China, India, Singapore) and Vantage in 2 countries (Türkiye, 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.