Written by ForexBrokers.com
In this head to head comparison of HFM vs Libertex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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HFM, founded in 2010, and Libertex, founded in 1997, are both private brokers that are not listed on a stock exchange and are not banks. Based on ForexBrokers.com’s Trust Score guide, HFM’s score of 85 places it in the trusted range, while Libertex’s score of 79 puts it in the average risk range.
Looking at regulation, HFM holds 2 Tier-1 licenses and 3 Tier-2 licenses, which gives it a stronger regulatory profile than Libertex, which holds 1 Tier-1 license and 1 Tier-2 license. In simple terms, HFM offers more top-level oversight, while Libertex still has some trusted regulation but less overall coverage.
| Feature |
HFM
|
Libertex
|
|---|---|---|
| Year Founded | 2010 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing HFM and Libertex on commissions and fees, Libertex comes out ahead on pricing for many forex traders. HFM’s trading costs are slightly above the industry average, with a typical spread of 1.2 pips on its standard accounts and an effective spread of 0.7 pips on the Zero account after commission, though neither figure is presented as a long-term average. HFM is rated 4 stars for commissions and fees and ranks #29 out of 36 brokers in this category at ForexBrokers.com.
Libertex is generally the cheaper choice on headline forex pairs, with a recent published EUR/USD spread of 0.3 pips, although this was based on a single trading day rather than a monthly average. Its forex pricing uses a spread-plus-commission model, charging 5 euros per side on the Libertex platform and 6 euros per side on MT4 and MT5, making the proprietary platform the lower-cost option. Libertex also has a low $10 minimum deposit and a 10 euro inactivity fee only after six months of no activity, which is more flexible than many brokers. Libertex is also rated 4 stars and ranks #21 out of 36 for commissions and fees.
Overall, both brokers earn the same star rating, but Libertex has the better ranking and the more competitive fee setup, especially for active forex trading. HFM may still appeal to traders who prefer its account structure, but on commissions and fees alone, Libertex has the edge.
| Feature |
HFM
|
Libertex
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average spread (EUR/USD) - Standard account | 1.8 | 0.3 |
| All-in Cost EUR/USD - Active | 1.1 | 1.3 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
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When it comes to range of investments, both HFM and Libertex give traders access to forex as CFDs and offer copy trading plus cryptocurrency CFDs. Neither broker supports buying actual shares on U.S. or international exchanges, and neither lets clients buy delivered crypto. On ForexBrokers.com, both are rated 4 out of 5 stars for Range of Investments.
Libertex has the edge for choice, with 1,573 tradeable symbols and 46 forex pairs, compared with HFM’s 344 symbols and 38 forex pairs. That wider selection also shows in its category ranking: Libertex sits at #25 out of 36 brokers, while HFM is ranked #29 out of 36.
| Feature |
HFM
|
Libertex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 344 | 1573 |
| Forex Pairs (Total) | 38 | 46 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
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HFM and Libertex both give traders a solid mix of platform choices and useful tools. Each broker offers a free demo account for practice, Windows desktop software, web-based access, copy trading, MetaTrader 4, MetaTrader 5, and the option to place trades straight from a chart. Both are also rated 4 out of 5 stars for Trading Platforms and Tools, so in everyday use they offer a similar overall experience.
The main difference is that HFM also provides its own in-house trading platform, while Libertex does not. That may matter if you want a broker-built platform alongside the MetaTrader options. In ForexBrokers.com’s ranking for Trading Platforms and Tools, Libertex comes in higher at #26 out of 36 brokers, compared with HFM at #34 out of 36.
| Feature |
HFM
|
Libertex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 38 | 43 |
| Charting - Trade From Chart | Yes | Yes |
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HFM and Libertex both offer mobile trading apps for iPhone and Android, and each includes price alerts for stock or forex markets. Both apps are also rated 4 out of 5 stars for mobile trading. Where they differ is in charting and sync features. HFM lets users add trendlines and auto-saves chart drawings, plus it offers 5 technical studies in its mobile app. Libertex, by contrast, does not support trendlines or auto-saving drawings and offers no technical studies in its app.
For everyday mobile use, Libertex has one clear advantage: watchlist symbol syncing. This means watchlists updated in the app can stay in step with the online account, while HFM does not offer that feature. In ForexBrokers.com’s Mobile Trading Apps ranking, HFM is placed #33 out of 36 brokers, while Libertex ranks slightly higher at #27 out of 36.
| Feature |
HFM
|
Libertex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 5 | 0 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing HFM and Libertex for market research, both brokers cover the basics well, including top-tier forex news, a sentiment tool, and an economic calendar. Each is also rated 4 out of 5 stars for Research, showing a solid level of support for traders who want to stay informed about market events and price direction. That said, HFM stands out for offering daily market commentary, Autochartist tools, and Acuity Trading research such as Signal Centre, while Libertex does not provide those features.
Libertex does have one clear advantage: it offers Trading Central research tools, which HFM does not. Still, HFM ranks higher overall for Research, coming in at #18 out of 36 brokers compared with Libertex at #25. For traders who want more regular analysis and a wider mix of research resources, HFM appears to have the edge, while Libertex may appeal to those who value Trading Central specifically.
| Feature |
HFM
|
Libertex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to learn the basics of trading, HFM has a clearer edge over Libertex. HFM offers forex and CFD education, monthly online webinars, and at least 10 beginner-focused videos, along with more advanced video content for experienced traders. Libertex, by contrast, does not offer monthly educational webinars and does not provide the same level of beginner- or advanced-level video support. Both brokers are rated 4 out of 5 stars for Education, but HFM is ranked higher by ForexBrokers.com at #29 out of 36, compared with Libertex at #33.
In simple terms, HFM gives new traders more ways to learn through videos and live teaching sessions, which can make it easier to get started. Libertex still earns a solid education rating, but its learning tools appear more limited for beginners who want regular guidance and a wider range of trading lessons. If education matters most to you, HFM is the stronger choice between the two.
| Feature |
HFM
|
Libertex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that HFM is better than Libertex. HFM finished with an overall rank of #27, while Libertex finished with an overall rank of #32.
HFM (HF Markets) is a global broker best known for its MetaTrader offering, solid research tools, and proprietary copy trading platform, alongside a broad selection of forex pairs and CFDs.
| Feature |
HFM
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Libertex
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| Overall Rating |
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| Trust Score | 85 | 79 |
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When comparing HFM vs Libertex for cryptocurrency trading, neither online broker offers the ability to buy actual delivered crypto, but both do provide access to cryptocurrency CFDs for traders who want to speculate on price movements without owning the underlying asset.
When comparing HFM vs Libertex, both brokers support Skrill and bank wire transfers, but Libertex has the edge for funding flexibility because it also offers ACH or SEPA transfers and PayPal, while HFM does not.
Please note:
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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0 of 5| Overall Rating | HFM | Libertex | |
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| Trust Score | 85 | 79 | |
| Winner | check_circle | ||
| Review | HFM Review | Libertex Review |
| Broker Screenshots | HFM | Libertex | |
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| Regulation | HFM | Libertex | |
|---|---|---|---|
| Trust Score | 85 | 79 | |
| Year Founded | 2010 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | HFM | Libertex | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| 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 | No | |
| 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 (Trusted) | HFM | Libertex | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | HFM | Libertex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 344 | 1573 | |
| Forex Pairs (Total) | 38 | 46 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | HFM | Libertex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.8 | 0.3 | |
| All-in Cost EUR/USD - Active | 1.1 | 1.3 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | HFM | Libertex | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | HFM | Libertex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | HFM | Libertex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 38 | 43 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | HFM | Libertex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 5 | 0 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | HFM | Libertex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HFM | Libertex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | HFM | Libertex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | HFM Review | Libertex Review |
| Overall | HFM | Libertex | |
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| Trust Score | 85 | 79 | |
| Winner | check_circle | ||
| Review | HFM Review | Libertex Review |
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