Best HFM Alternatives 2026
Top forex brokers similar to HFM (HotForex) with competitive spreads, copy trading, and strong regulation.
Written by
James Wilson
Fact Checked by
Edith Balazs
Top HFM Alternatives
HFM (formerly HotForex) is known for its zero spread accounts and HFCopy platform, but traders may seek alternatives for different account types or additional features. We've identified top HFM alternatives with similar or better offerings.
Why look for HFM alternatives?
Common reasons include seeking faster withdrawals, different platform options, or alternative copy trading solutions.
Feature Comparison
Compare unique offerings.
| Broker | ||
|---|---|---|
| Exness | Faster withdrawals, more instruments | Faster withdrawals, more instruments |
| XM | Better education, loyalty program | Better education, loyalty program |
| FXTM | Similar copy trading (FXTM Invest) | Similar copy trading (FXTM Invest) |
| AvaTrade | More trading tools (AvaProtect) | More trading tools (AvaProtect) |
| RoboForex | Higher leverage, CopyFX trading | Higher leverage, CopyFX trading |
| Axi | ProTrader tools, similar raw spreads | ProTrader tools, similar raw spreads |
| Pepperstone | More platforms, institutional-grade | More platforms, institutional-grade |
| OctaFX | Copy trading focus, low costs | Copy trading focus, low costs |
| Tickmill | Lowest commissions ($2/lot) | Lowest commissions ($2/lot) |
| FP Markets | ECN Execution, IRESS platform | ECN Execution, IRESS platform |
Detailed Broker Analysis
Best overall HFM alternative.
Exness offers similar zero spreads with instant withdrawals (vs HFM's 24 hours) and more trading instruments.
Frequently Asked Questions
Why Trust BrokerAnalysis?
Our reviews are built using verified broker data, regulatory records, and hands-on testing. Rankings are updated regularly and are not influenced by paid placements.
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.
Rankings based on verified data and hands-on testing. See our methodology →
January 2026