TradingCritique

Select Your Brokers to Compare

HFM vs MEXEM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

HFM

HFM

VS
MEXEM

MEXEM

Icon

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker broker

STP

Years of Existence / Established Year

2010

2018

Customer Base / Number of Accounts

2500000 clients

Info not available


Icon

Regulation & Security

Regulations (governing bodies)

FSC, CySEC, DFSA, FCA, ISA, FSCA, MAS, CMA, FMA

Cysec AFM FSMA

Awards Won (count for the last 2 years)

Best Global Affliiate Programs 2024, Best Trading Accounts Global, Best Stock Broker 2023, Best Trading Platform Broker

No major awards listed

Security Measures

Civil Liability insurance program with a limit of €5,000,000

ICCL

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Over 500 markets including energies

150 + trading assets Warrant

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

No

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

Yes

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

HFM Platform, Web trading, Mobile trading

Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Cent, Zero, Pro , Premium, Corporate, Joint account

Individual Accounts Instituitional Accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$0

$0

Leverage Available

1:1000- 1:2000

NA

Trade Limit (maximum per trade)

60/ 200 Standard lots per position depends on account types

Varies for each product

Commission (per account type)

$0

NA

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Experienced only


Icon

Deposit & Withdrawal Options

Deposit Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Bank Transfer

Withdrawal Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Bank Transfer

Other E-Wallets Supported

FasaPay, Neteller

No


Icon

Tools & Educational Resources

Economic Calendar

Yes

No

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Webinars, eBooks and Guides, Video Tutorials

Practical tutorials on using TWS trader workstatioin Video tutorials


Icon

Fees & Commissions

Trading-Related Fees

Spread: starts from 0.0- 1.2 pips, commissions: $0.03 per 1k lot, Commission for Forex: $0.03 - $3, gold: $7- $14

FX - 0.005% Warrents - 0.2% for EUR & HKD. 0.12% for AUD Metals - 0.03% in USD Bonds - 0.15% Mutual Funds - 0.1% (Max Euro 4 and Min Eur 29) Futures & Options - vary for each currency contract Stocks & ETFs - vary for each currency

Spread (typical, fixed, variable)

Variable

NA

Per Lot Fees

NA

NA

Options Contract Fees

NA

0.65% per contract

Futures Contract Fees

NA

0.85% per contract

Markup Fees on Spread

$0

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

34:20:00

NA


Icon

Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

NA

Subscription Fees (for premium features, data feeds)

$0

NA

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

$0

NA

Statement or Document Fee

NA

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

$0

0.05%

Withdrawal Fee

$0

First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed


Icon

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am to 5:30pm.

Customer Support Methods (phone, email, live chat)

Live support: Available 24/5, Email : [email protected], Phone: +44-203 097 85 71

Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]

Support Languages

27+

10+


Icon

Additional Information

Headquarters Location

financial hub of Limassol, Cyprus

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
HFM stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, MEXEM offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
HFM offers a quick and paperless account setup that appeals to traders on the go, whereas MEXEM more involved onboarding process adds an extra layer of safety and regulatory checks.
HFM platform is great for fast-paced day trading, especially with features like one-click trading. MEXEM platform, by comparison, is built for strategy testing and long-term portfolio management.
Those seeking technical depth may prefer HFM, while MEXEM shines with intuitive design and streamlined features.