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HF Markets vs AZAforex

HF Markets or AZAforex – which is better for UK traders 2024? Compare HF Markets and AZAforex in this detailed breakdown of their platforms, features and fees.

HF Markets vs AZAforex Comparison Table 2024
HF Markets	AZAforex

4	3.4
HF Markets is ranked #91 among CFD brokers.	AZAforex is ranked #6 among binary options brokers.
Review	Review
HF Markets is an established CFD broker with over 3 million clients and more than 60 industry awards. The trustworthy firm is authorized by several leading regulators, including the CySEC and FCA. New traders get a choice of accounts to suit different strategies and experience levels while the firm stands out for its impressive range of trading tools, from the MetaTrader software to Autochartist and the bespoke copy trading app, HFCopy.	AZAforex is a multi-asset broker founded in 2016. The brand offers a sophisticated proprietary platform, ECN trading and 40+ deposit methods. The brokerage has 120,000+ registered customers with copy trading and a VPS.
Pros
Respected brand with millions of users and 60+ accolades Heavily regulated holding licenses with top financial agencies including CySEC Superb research tools including advanced insights dashboard and daily market commentary MetaTrader 4 and MetaTrader 5 integration with desktop and mobile compatibility Excellent breadth of products including fractional shares Beginner-friendly copy trading app Demo account with no expiry Free deposits and withdrawals	Range of crypto, e-wallet, credit/debit card and wire transfer options 16 fiat and 6 crypto account base currencies Loyalty bonuses and rebate program Low minimum deposit of $1 Very high leverage up to 1:1000 Copy trading and PAMM account Free VPS for VIP accounts Demo account available
Cons
Slow sign-up process Mediocre range of funding options Average spreads on some assets HFM app has limited analysis tools compared to MetaTrader	Unregulated broker reduces its safety score Withdrawal fees for some payment methods Limited educational content and resources Some poor customer reviews No MetaTrader access
Awards
Best Forex Trading App 2022 - Capital Finance International Magazine Best Educational Broker 2022 - Global Forex Awards Best Forex Broker South Africa 2022 - International Finance Awards Best Forex Broker Middle East 2022 - All Forex Review Best CFD Trading Conditions 2021 - World Economic Magazine Best Market Research & Education Global 2021 - Capital Finance International Magazine Best Client Services 2020 - Capital Finance International Magazine
FCA Regulated
Yes	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Metals, Energies, Stocks, Indices, Commodities, Bonds, ETFs	CFDs, Forex, Stocks, Cryptos, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$0	$1
Payment Methods
Credit Cards Debit Card Mastercard Neteller Skrill Visa Wire Transfer	ADVcash Credit Cards Debit Card Perfect Money Wire Transfer
Minimum Trade
0.01 Lots	0.00001 Lots
Regulator
CySEC, FCA, DFSA, FSCA, FSA, CMA
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating

Android App Rating

Margin Trading
Yes	Yes
MetaTrader 4
Yes	No
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
The HFCopy app allows users to automatically copy the trades of experienced traders in a few taps. You can follow multiple traders at the same time, set a rescue level to protect your capital, and withdraw profits without restrictions. You can start copy trading in 4 easy steps.
Social Trading
No	No
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP PLN	USD THB VND UAH
Commodities
Oil Gold Silver Platinum Palladium Cocoa Coffee Copper Cotton Sugar	Oil Silver
CFD
HF Markets offers over 1000 CFDs spanning forex, stocks, indices, commodities, bonds and ETFs. Traders can speculate on rising and falling prices with flexible leverage. Fees are also transparent with no hidden charges.	Trade 200+ CFDs with leverage up to 1:1000 on a powerful proprietary platform. Asset classes include stocks, forex and crypto with ECN execution. You can bet on rising and falling prices with leveraged CFDs.
Leverage
1:30 (EU), 1:1000 (Global)	1:1000
FTSE Spread
1.7	Variable
GBPUSD Spread<
2.0	Variable
Oil Spread
0.05	Variable
Stocks Spread
Variable	Variable
Forex
HF Markets offers trading on over 50 currency pairs including all majors. The no dealing desk model ensures fast execution speeds with tight spreads from 0.1 pips. HFM also offers excellent research and analysis in the currency markets.	Trade 49 major, minor and exotic currency pairs with fixed spreads or ECN pricing with no dealing desk intervention and a low starting deposit. You can analyze the currency markets using the broker's in-house trading platform.
Assets
50+	72
GBPUSD Spread
2.0	Variable
EURUSD Spread
1.2	Variable
EURGBP Spread
1.7	Variable
Currency Indices
USD
Cryptocurrency
	Invest in 10 popular cryptos such as Bitcoin and Ethereum. A choice of six crypto account base currencies are available plus a welcome bonus for new traders.
Spread
	Variable
Coins
	BTC BCH DASH ETH LTC USDC USDT XMR XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
	AZAforex offers binary options with time-dependent payouts that can be taken out on any asset included as a CFD or spot instrument. Over 50 binary options are available with a $1 minimum stake and payouts up to 190%.
Payout
	190%
Boundary Options
No	No
Ladder Options
No	No

HF Markets	AZAforex
Review	Review
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