Decode FX vs HFM: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

Decode FX
Decode FX
VS
HFM
HFM
General Information Trading Conditions Account Types Platforms & Tools Payments Support

Quick Summary

Best for Beginners

HFM

$0.00

Tightest Spreads

HFM

From 0.0 pips pips

Highest Leverage

Decode FX

1:Up to 1:500

Best Rated

HFM

4.50
/5

Mobile Trading

Both

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General Information

Decode FX

Regulation

ASIC (Australia), VFSC (Vanuatu)

Founded

N/A

Headquarters

Australia

Overall Rating

4.40/5

HFM

Regulation

FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)

Founded

N/A

Headquarters

Cyprus

Overall Rating

4.50/5

Trading Conditions

Feature Decode FX HFM
Minimum Deposit $0.00 $0.00
Average Spreads From 0.0 pips (Pro/ECN accounts) to 1.5 pips (Standard); average EUR/USD ~0.8 pips From 0.0 pips
Maximum Leverage Up to 1:500 1:2000
Commission None None

Account Types

Decode FX

beginner-friendly ecn-raw

HFM

Standard Accounts Islamic Account ECN Accounts Classic Account Copy Trading Accounts VIP Accounts Raw Account Micro Accounts

Platforms & Tools

Decode FX

MetaTrader 4, MetaTrader 5

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

HFM

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

Decode FX

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), Bank Wire, Skrill, Neteller, Alipay, Poli, DragonPay, USDT (crypto)

Withdrawal Methods

Same as deposits: Bank Wire (fee-free), Cards/Skrill/Neteller (fees apply), USDT

Withdrawal Fee

None

HFM

Deposit Methods

Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Fasapay, Cryptocurrencies (Bitcoin via BitPay), Local options (e.g., Momo Wallet, Nganluong)

Withdrawal Methods

Same as deposits: Credit/Debit Cards, Bank Wire (min $150), Skrill, Neteller, Cryptocurrencies

Withdrawal Fee

None

Support

Decode FX

Support Languages

English, Chinese, Spanish, Arabic, Indonesian (multi-language support via MT4/MT5)

Support Channels

24/5 live chat, email, phone; Responsive weekdays but mixed reviews on speed

Account Manager

Available

HFM

Support Languages

20+ including English, Arabic, Chinese, French, German, Hindi, Indonesian, Italian, Japanese, Malay, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese

Support Channels

24/5 via live chat, email, phone; multilingual in 20+ languages

Account Manager

Available

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