Exness 9.9UnlimitedIC Markets 9.81:5,000FP Markets 9.21:500Axi 9.11:1,000Fusion Markets 9.01:500Vantage 9.0UnlimitedDeriv 8.81:1,000Zero Markets 8.81:500GO Markets 8.71:500HFM (HotForex) 8.71:2,000AvaTrade 8.51:400ThinkMarkets 8.51:5,000Equiti 8.41:2,000Tickmill 8.41:1,000Exness 9.9UnlimitedIC Markets 9.81:5,000FP Markets 9.21:500Axi 9.11:1,000Fusion Markets 9.01:500Vantage 9.0UnlimitedDeriv 8.81:1,000Zero Markets 8.81:500GO Markets 8.71:500HFM (HotForex) 8.71:2,000AvaTrade 8.51:400ThinkMarkets 8.51:5,000Equiti 8.41:2,000Tickmill 8.41:1,000
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HFM (HotForex) vs XM

HFM (HotForex) scores higher overall (8.7 vs 8.3). Green marks the better figure on each line.

HFM (HotForex)TIER 1XMTIER 1
HFM (HotForex)XM
Verdict score8.78.3
Payout score6.86.5
Max leverage1:20001:1000
Safety (best licence)10.010.0
Service score8.88.8
Withdrawal feesNo HFM withdrawal fees (provider/bank fees may apply)No XM fees on withdrawals (third-party fees may apply)
RegulatorsFCA · FSA-SC · FSCAFSC-BZ · ASIC · CySEC · DFSA
Minimum deposit$0$5
PlatformsMT4, MT5, own appMT4, MT5, own app
Deposit & withdrawal methodsINR bank transfer (deposit), IMPS, Bank wire, Visa/Mastercard, Skrill, Bitcoin, USDTUPI (deposit), Bank wire, Visa/Mastercard, Skrill, Neteller, Local bank transfer
Islamic accountYesYes
RBI Alert List (India)ListedListed

All figures come from each broker's own published terms; sources are listed on each broker page.