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HFM vs Eightcap 2026

BrokerNotes.co

Written by BrokerNotes.co

January 23, 2025
  Fact Checked

Trying to decide between HFM and Eightcap? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, HFM ranks more highly than Eightcap.

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Compare

0 of 5
Overall Rating HFM Eightcap
Overall Rating star 7.8 /10 star 7.6 /10
Offering of Investments star 7.5 /10 star 7.0 /10
Commissions & Fees star 7.5 /10 star 7.5 /10
Platform & Tools star 7.5 /10 star 7.5 /10
Research star 8.0 /10 star 7.0 /10
Mobile Trading star 7.5 /10 star 7.5 /10
Education star 7.0 /10 star 7.0 /10
Account Type HFM Eightcap
Islamic Account Yes No
Professional Account Yes Yes
VIP/Premium Account No Yes
Deposit/Withdrawal Options HFM Eightcap
Minimum Deposit $0 $100
Bank Wire (Deposit/Withdraw) Yes Yes
Credit card (Deposit/withdraw) Yes Yes
PayPal (Deposit/Withdraw) No Yes
Non-wire bank transfer No No
Copy Trading HFM Eightcap
Copy Trading Yes No
Cryptocurrency HFM Eightcap
Cryptocurrency (Underlying) No No
Cryptocurrency (CFDs) Yes Yes
Bitcoin (BTC) Yes Yes
Ethereum (ETH) Yes Yes
Forex Trading (Spot or CFDs) HFM Eightcap
Forex Trading (Spot or CFDs) Yes Yes
Indices (Index CFDs) HFM Eightcap
DAX Yes Yes
Dow Jones Yes Yes
FTSE Yes Yes
NASDAQ 100 Yes Yes
Nikkei Yes Yes
SP 500 Yes Yes
Investments HFM Eightcap
Forex Trading (Spot or CFDs) Yes Yes
Spread Betting No No
Copy Trading Yes No
Commodities: Silver Yes Yes
Commodities: Oil Yes Yes
Commodities: Agriculturals Yes No
ETF Yes Yes
U.S. Stocks (CFDs) Yes Yes
Trading Platforms HFM Eightcap
Apple iOS App Yes Yes
Android App Yes Yes
Proprietary Desktop Trading Platform Yes No
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes Yes
Regulatory Licenses HFM Eightcap
Tier-1 Licenses 2 3
Australia (ASIC Authorised) No Yes
Canada (CIRO Authorised) No No
Hong Kong (SFC Authorised) No No
Japan (FSA Authorised) No No
Singapore (MAS Authorised) No No
Switzerland (FINMA Authorised)
United Kingdom (U.K.) (FCA Authorised) Yes Yes
USA (CFTC Authorized) No No
New Zealand (FMA Authorised) No No
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Tier-2 Licenses 3 1
Tier-3 Licenses 0 0
Research, Education HFM Eightcap
Trading Central No No
Forex News (Top-Tier Sources) Yes No
Daily Market Commentary (Articles) Yes Yes
Autochartist Yes No
Videos - Beginner Trading Videos Yes Yes
Trading Costs HFM Eightcap
Minimum Deposit $0 $100
Average spread (EUR/USD) - Standard account 1.8 1.0
All-in Cost EUR/USD - Active 1.1 0.76
Trading Tools HFM Eightcap
Charting - Indicators / Studies (Total) 38 100
Mobile Charting - Indicators / Studies 5 100
Trust Factors HFM Eightcap
Year Founded 2010 2009
Publicly Traded (Listed) No No
Bank No No
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Trust Score 85 87
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HFM vs Eightcap Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between HFM and Eightcap? Our independent database powered by our unbiased research will help you compare HFM vs Eightcap side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust HFM?

HFM has a Trust Score of 85, giving it a "Trusted" Trust Score Label.

Can I trust Eightcap?

Eightcap has a Trust Score of 87, giving it a "Trusted" Trust Score Label.

Is HFM a good broker?

HFM is a trusted broker that offers an enhanced MetaTrader experience. Traders at HFM gain access to both MetaTrader 4 and MetaTrader 5 alongside third-party upgrades like Premium Trader Tools from FX Blue Labs and trading signals via the Autochartist plugin. HFM also offers its own proprietary copy trading platform, HFcopy, and a proprietary mobile trading platform, the HFM app. It's worth noting that you'll need to hold a Premium account with HFM to use the HFM app for trading.

Is Eightcap a good broker?

Eightcap's impresses most with its crypto offering; traders at Eightcap gain access to an impressive range of cryptocurrency CFDs (though these are not available to traders in the U.K.). Though Eightcap doesn't offer any proprietary trading platforms or mobile apps, it provides the full MetaTrader platform suite (including MT5) as well as several plugins and third-party tools like TradingView and Capitalise.ai. That said, Eightcap has a somewhat limited offering of CFDs and tradeable symbols, and the broker's educational content has room to improve.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. HFM holds regulatory licenses in the following Tier-1 jurisdictions: United Kingdom (U.K.) (FCA Authorised). Eightcap, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: Australia (ASIC Authorised) and United Kingdom (U.K.) (FCA Authorised). Neither have Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (FSA Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, HFM is Cyprus (CySEC Authorised), South Africa (FSCA Authorised) and UAE (DFSA, FSRA, or CMA Authorised), while Eightcap is Cyprus (CySEC Authorised) and UAE (DFSA, FSRA, or CMA Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised) and Thailand (SEC Authorised). When comparing tier-3 licenses HFM is Mauritius (FSC Authorised), while Eightcap is Bahamas (SCB Authorised).. Neither have Belize (FSC Authorised), Bermuda (BMA Authorised), British Virgin Islands (FSC Authorised), Cayman Islands (CIMA Authorised) and Vanuatu (VFSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that HFM offers a Proprietary Desktop Trading Platform and Desktop Platform (Windows), whereas Eightcap supports a Desktop Platform (Windows). Neither have cTrader, DupliTrade [DELETED] and ZuluTrade [DELETED]

Does HFM offer MetaTrader? Does Eightcap offer MetaTrader?

Both HFM and Eightcap offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.

How do HFM and Eightcap differ in terms of minimum deposit? What about average spreads and funding options?

HFM requires a minimum deposit of $0, while Eightcap requires a minimum deposit of $100. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that HFM supports Bank Wire (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for funding and deposit methods, whereas Eightcap supports Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw). Neither have Visa/Mastercard (Credit/Debit) [DELETED]

Which broker offers more tradeable asset classes, HFM or Eightcap?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that HFM delivers a more diverse selection of investment options than Eightcap, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Copy Trading, Commodities: Silver, Commodities: Oil, Commodities: Agriculturals, ETF and U.S. Stocks (CFDs). Neither have Spread Betting.

We also keep track of each broker’s total number of tradeable symbols; HFM offers 344, and Eightcap offers a total of 803 tradeable symbols.

Can I trade cryptocurrency with HFM or Eightcap?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither HFM nor Eightcap allow you to trade physical cryptocurrencies.

Who offers more research tools, HFM or Eightcap?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. HFM delivers the following research tools: Autochartist, Daily Market Commentary (Articles), Forex News (Top-Tier Sources) and Copy Trading. Eightcap, on the other hand, provides the tools listed here: Daily Market Commentary (Articles). Neither have Stock Charts [DELETED] and Trading Central

Broker Reviews

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HFM Review

Eightcap Review

Overall winner: HFM

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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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