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Forex

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Comparing 2 providers in Forex

Leveraged currency trading carries a high level of risk. Products and protections depend on the provider’s legal entity and jurisdiction.

Terms used in this table
  • Spread: the gap between the buy and sell price, a cost even when there is no commission.
  • Withdrawal fee: what the exchange charges to send coins out; the network fee is separate.
Costs and terms
What to compareHFMFull review →EightcapFull review →
Service type
Forex
Forex
Legal entity and jurisdiction
HF Markets (SV) Ltd · St Vincent and the Grenadines / HF Markets (Seychelles) Ltd · Seychelles / HF Markets (UK) Limited · United Kingdom / HF Markets (Europe) Ltd · Cyprus
Eightcap Global Limited · Bahamas / Eightcap International Ltd · Seychelles; registration 8427413-1 / Eightcap International Trading · Mauritius; registration 227050 / Eightcap Pty Ltd · Australia; ABN 73 139 495 944 / Eightcap Group Ltd · United Kingdom; company 12448314 / Eightcap EU Ltd · Cyprus; company HE329922 / CLMarkets Limited trading as Eightcap International · Saint Vincent and the Grenadines; incorporation 24750 IBC 2018, not a regulatory license
Products and trading types
Leveraged forex and CFD trading

The exposure is to the contract price. Trading a share or crypto CFD does not buy the underlying asset.

Forex and CFDs on indices, commodities, shares and crypto

Leveraged over-the-counter contracts; a CFD does not confer ownership of the underlying share or digital asset. Available products depend on the account and region.

Pricing structure
Premium, Pro and Cent primarily use spread pricing; Zero separates spread and commission.

Product exceptions may apply. An account without a separate forex commission still has a spread and potentially other costs.

Spread
Variable: Zero from 0, Pro from 0.6, Premium and Cent from 1.4 pips.

Advertised minima for the named accounts, not averages, live quotes or commitments for every pair. Zero commission is additional.

Deposit methods
Withdrawals require approved documents; original-method refunds have priority under SV terms.

Availability, thresholds and receipt time depend on method and account. SV terms restrict processing to Monday–Friday; weekend processing is not guaranteed.

Withdrawal fee
The document lists no internal company fee; bank, card or payment-gateway costs may apply.

External charges may be passed through to the customer. This is not a promise of a free transfer or method availability for every resident.

Zero forex commission, USD account
3 USD/lot/side

A standard forex lot is 100,000 units. The round-turn table lists $6 for opening and closing together; 0.10 lot costs $0.60 in two-sided commission. Spread and financing are separate.

Zero gold round-turn commission
10 USD/100 oz/round turn

The gold table lists $0.10 per ounce for opening and closing together. Its commission basis differs from forex and is additional to spread.

Pro opening deposit
100 USD

The international account table lists $100 or €100 by account currency; these are separate thresholds, not a currency conversion.

Opening-deposit conditions
Premium and Cent: table value 0; Pro: $100; InfinityX: $500. Zero has a table/FAQ discrepancy.

The comparison and Zero table show 0, but the same page FAQ says $25. Confirm Zero terms; a payment method may require a minimum even when the account minimum is zero.

Cent account lot size
1,000 units/cent lot

The account currency is USC. 0.01 cent lot represents 10 base-currency units, unlike 0.01 standard lot, which represents 1,000 units.

Leverage and scope
Up to 1:2000 in the international Cent, Zero, Pro and Premium table; InfinityX has separate terms.

This figure does not apply to every customer, entity or instrument. Leverage magnifies losses and is not a matching-score advantage.

Standard-account margin call and stop-out
50% / 20% in the Cent, Zero, Pro and Premium table

These are equity-to-margin ratios under account terms, not guaranteed loss limits. Stop orders do not guarantee an execution price.

How TradingView is used
TradingView charts are embedded inside HFM WebTrader.

This is the HFM browser interface. A direct HFM account connection through TradingView’s Trading Panel was not verified.

Use an Eightcap account configured for TradingView and connect through the Trading Panel

A free TradingView plan and a supported live or demo Eightcap account can be used. Eightcap manages deposits and withdrawals.

Overnight holding and swap-free terms
Exemption depends on account, instrument and usage terms.

Carry charges may apply after consecutive holding days; the company monitors usage and may revoke swap-free status. Check the symbol and holding period.

InfinityX initial deposit
500 USD

HF Markets (SV) Ltd terms require an initial $500 transfer or equivalent. With open positions, the required minimum amount cannot be withdrawn.

InfinityX limits
Dynamic leverage subject to eligibility, with separate withdrawal and usage terms.

The unlimited headline does not remove account limits: asset-class caps and company discretion apply. It does not establish a bounded loss or protection of principal.

Contracting entity and supervision
HF Markets (SV) Ltd incorporation in St Vincent is distinct from other group companies’ licences.

Registration 22747 IBC 2015 is corporate incorporation, not a local forex-broker licence. Rights depend on the agreement with the relevant company.

Client money and balance protection
Segregation and negative-balance protection are subject to the company agreement.

In the March 2026 SV agreement, negative-balance adjustment addresses deficits caused by stop-out. No SV statutory compensation entitlement was established; UK or Cyprus protection must not be transferred to it.

Raw commission in a USD account, per side per standard lot
3.5 USD / standard lot / side

Raw rate in the international account table. Opening and closing the same lot costs 7 USD in commission alone; for 0.10 lot the calculation is 0.35 USD on entry plus 0.35 on exit, totaling 0.70 USD. Spread and financing are separate. Match the instrument specification rather than applying this rate to every CFD.

Advertised starting spread, Standard
1 pips

Published starting level, not an average spread or live quote. Actual spreads depend on the pair and market conditions.

Advertised starting spread, Raw
0 pips

The international forex table lists a Raw minimum of 0 for EURUSD; other pairs have different minima. Raw commission is separate.

Separate commission on Standard
No separate trading commission under the general account pricing; share CFDs are an exception

Spread and financing costs may apply. This does not make trading or every instrument free.

Raw rates by account currency
3.50 AUD, USD, NZD, SGD or CAD; 2.25 GBP; 2.75 EUR

Per side per standard lot in the international table. These are separate currency rates, not conversions of the USD rate.

International account base currencies
AUD, CAD, EUR, GBP, NZD, SGD, USD

The Standard and Raw list on the international page. Account currency is distinct from the underlying asset’s currency; check the choices offered for the actual account.

Leverage and contracting entity
Leverage depends on the entity and retail or professional client classification

There is no single maximum leverage for all countries or instruments.

Financing an overnight position
A swap debit or credit may apply according to the instrument and trade direction

Clauses 8.7–8.8 of the Bahamas agreement allow a markup on liquidity-provider rates and three-day swaps on certain instruments. Check the current instrument specification.

Deposit and withdrawal fees
Eightcap charges no internal fee; payment providers may charge transaction or currency-conversion fees

Payment methods vary by region. Funding must come from an account in the client’s name; bank or external-provider costs are distinct from Eightcap fees.

Inactivity fee, Bahamas agreement
10 holding-account currency units / month

Under the Inactive definition and clause 16: after 12 months without client-initiated ledger activity across all accounts with a balance, Eightcap may move funds into a holding account and apply a monthly charge there. This is not automatically a condition of other entities.

Inactive balances, Bahamas agreement
A balance below 20 account-currency units may be absorbed; funds held for 12 months are subject to unclaimed-money provisions

Clauses 16.3–16.6 distinguish small balances from absorption after 12 months in a holding account. An amount absorbed under clause 16.4 is recorded in a ledger; repayment of a recorded amount may be requested within 5 years after the accounts become inactive, subject to verification requirements. Entitlement then expires.

Negative balance under the Seychelles agreement
The agreement defines a reset of negative balances, with possible offsets against funds in the client’s other accounts

The definition and clause 7.3 allow funds in other accounts to be used before crediting the negative account, including where trades must be closed. Clauses 12.12–12.13 prohibit strategies designed to exploit the protection. This does not establish identical protection at every entity or protection against trading losses.

Leveraged-trading risk
The entire investment can be lost; a stop-loss order does not guarantee its execution price

Sharp moves and price gaps can cause slippage and position liquidation. Automatic liquidation should not be relied upon as a substitute for risk management.

Platforms
MT4 / MT5 / HFM WebTrader / HFM App
MetaTrader 4 / MetaTrader 5 / TradingView / TradeLocker
Currencies
USD / EUR / USC
AUD / CAD / EUR / GBP / NZD / SGD / USD
Check with the provider

Service and entity
HFMEightcap
Service type
Forex
Forex
Legal entity and jurisdiction
HF Markets (SV) Ltd · St Vincent and the Grenadines / HF Markets (Seychelles) Ltd · Seychelles / HF Markets (UK) Limited · United Kingdom / HF Markets (Europe) Ltd · Cyprus
Eightcap Global Limited · Bahamas / Eightcap International Ltd · Seychelles; registration 8427413-1 / Eightcap International Trading · Mauritius; registration 227050 / Eightcap Pty Ltd · Australia; ABN 73 139 495 944 / Eightcap Group Ltd · United Kingdom; company 12448314 / Eightcap EU Ltd · Cyprus; company HE329922 / CLMarkets Limited trading as Eightcap International · Saint Vincent and the Grenadines; incorporation 24750 IBC 2018, not a regulatory license

Products
HFMEightcap
Products and trading types
Leveraged forex and CFD trading

The exposure is to the contract price. Trading a share or crypto CFD does not buy the underlying asset.

Forex and CFDs on indices, commodities, shares and crypto

Leveraged over-the-counter contracts; a CFD does not confer ownership of the underlying share or digital asset. Available products depend on the account and region.

Fee structure
HFMEightcap
Pricing structure
Premium, Pro and Cent primarily use spread pricing; Zero separates spread and commission.

Product exceptions may apply. An account without a separate forex commission still has a spread and potentially other costs.

Spread
Variable: Zero from 0, Pro from 0.6, Premium and Cent from 1.4 pips.

Advertised minima for the named accounts, not averages, live quotes or commitments for every pair. Zero commission is additional.

Deposits and withdrawals
HFMEightcap
Deposit methods
Withdrawals require approved documents; original-method refunds have priority under SV terms.

Availability, thresholds and receipt time depend on method and account. SV terms restrict processing to Monday–Friday; weekend processing is not guaranteed.

Withdrawal fee
The document lists no internal company fee; bank, card or payment-gateway costs may apply.

External charges may be passed through to the customer. This is not a promise of a free transfer or method availability for every resident.

Costs and service terms
HFMEightcap
Zero forex commission, USD account
3 USD/lot/side

A standard forex lot is 100,000 units. The round-turn table lists $6 for opening and closing together; 0.10 lot costs $0.60 in two-sided commission. Spread and financing are separate.

Zero gold round-turn commission
10 USD/100 oz/round turn

The gold table lists $0.10 per ounce for opening and closing together. Its commission basis differs from forex and is additional to spread.

Pro opening deposit
100 USD

The international account table lists $100 or €100 by account currency; these are separate thresholds, not a currency conversion.

Opening-deposit conditions
Premium and Cent: table value 0; Pro: $100; InfinityX: $500. Zero has a table/FAQ discrepancy.

The comparison and Zero table show 0, but the same page FAQ says $25. Confirm Zero terms; a payment method may require a minimum even when the account minimum is zero.

Cent account lot size
1,000 units/cent lot

The account currency is USC. 0.01 cent lot represents 10 base-currency units, unlike 0.01 standard lot, which represents 1,000 units.

Leverage and scope
Up to 1:2000 in the international Cent, Zero, Pro and Premium table; InfinityX has separate terms.

This figure does not apply to every customer, entity or instrument. Leverage magnifies losses and is not a matching-score advantage.

Standard-account margin call and stop-out
50% / 20% in the Cent, Zero, Pro and Premium table

These are equity-to-margin ratios under account terms, not guaranteed loss limits. Stop orders do not guarantee an execution price.

How TradingView is used
TradingView charts are embedded inside HFM WebTrader.

This is the HFM browser interface. A direct HFM account connection through TradingView’s Trading Panel was not verified.

Use an Eightcap account configured for TradingView and connect through the Trading Panel

A free TradingView plan and a supported live or demo Eightcap account can be used. Eightcap manages deposits and withdrawals.

Overnight holding and swap-free terms
Exemption depends on account, instrument and usage terms.

Carry charges may apply after consecutive holding days; the company monitors usage and may revoke swap-free status. Check the symbol and holding period.

InfinityX initial deposit
500 USD

HF Markets (SV) Ltd terms require an initial $500 transfer or equivalent. With open positions, the required minimum amount cannot be withdrawn.

InfinityX limits
Dynamic leverage subject to eligibility, with separate withdrawal and usage terms.

The unlimited headline does not remove account limits: asset-class caps and company discretion apply. It does not establish a bounded loss or protection of principal.

Contracting entity and supervision
HF Markets (SV) Ltd incorporation in St Vincent is distinct from other group companies’ licences.

Registration 22747 IBC 2015 is corporate incorporation, not a local forex-broker licence. Rights depend on the agreement with the relevant company.

Client money and balance protection
Segregation and negative-balance protection are subject to the company agreement.

In the March 2026 SV agreement, negative-balance adjustment addresses deficits caused by stop-out. No SV statutory compensation entitlement was established; UK or Cyprus protection must not be transferred to it.

Raw commission in a USD account, per side per standard lot
3.5 USD / standard lot / side

Raw rate in the international account table. Opening and closing the same lot costs 7 USD in commission alone; for 0.10 lot the calculation is 0.35 USD on entry plus 0.35 on exit, totaling 0.70 USD. Spread and financing are separate. Match the instrument specification rather than applying this rate to every CFD.

Advertised starting spread, Standard
1 pips

Published starting level, not an average spread or live quote. Actual spreads depend on the pair and market conditions.

Advertised starting spread, Raw
0 pips

The international forex table lists a Raw minimum of 0 for EURUSD; other pairs have different minima. Raw commission is separate.

Separate commission on Standard
No separate trading commission under the general account pricing; share CFDs are an exception

Spread and financing costs may apply. This does not make trading or every instrument free.

Raw rates by account currency
3.50 AUD, USD, NZD, SGD or CAD; 2.25 GBP; 2.75 EUR

Per side per standard lot in the international table. These are separate currency rates, not conversions of the USD rate.

International account base currencies
AUD, CAD, EUR, GBP, NZD, SGD, USD

The Standard and Raw list on the international page. Account currency is distinct from the underlying asset’s currency; check the choices offered for the actual account.

Leverage and contracting entity
Leverage depends on the entity and retail or professional client classification

There is no single maximum leverage for all countries or instruments.

Financing an overnight position
A swap debit or credit may apply according to the instrument and trade direction

Clauses 8.7–8.8 of the Bahamas agreement allow a markup on liquidity-provider rates and three-day swaps on certain instruments. Check the current instrument specification.

Deposit and withdrawal fees
Eightcap charges no internal fee; payment providers may charge transaction or currency-conversion fees

Payment methods vary by region. Funding must come from an account in the client’s name; bank or external-provider costs are distinct from Eightcap fees.

Inactivity fee, Bahamas agreement
10 holding-account currency units / month

Under the Inactive definition and clause 16: after 12 months without client-initiated ledger activity across all accounts with a balance, Eightcap may move funds into a holding account and apply a monthly charge there. This is not automatically a condition of other entities.

Inactive balances, Bahamas agreement
A balance below 20 account-currency units may be absorbed; funds held for 12 months are subject to unclaimed-money provisions

Clauses 16.3–16.6 distinguish small balances from absorption after 12 months in a holding account. An amount absorbed under clause 16.4 is recorded in a ledger; repayment of a recorded amount may be requested within 5 years after the accounts become inactive, subject to verification requirements. Entitlement then expires.

Negative balance under the Seychelles agreement
The agreement defines a reset of negative balances, with possible offsets against funds in the client’s other accounts

The definition and clause 7.3 allow funds in other accounts to be used before crediting the negative account, including where trades must be closed. Clauses 12.12–12.13 prohibit strategies designed to exploit the protection. This does not establish identical protection at every entity or protection against trading losses.

Leveraged-trading risk
The entire investment can be lost; a stop-loss order does not guarantee its execution price

Sharp moves and price gaps can cause slippage and position liquidation. Automatic liquidation should not be relied upon as a substitute for risk management.

Access and currencies
HFMEightcap
Platforms
MT4 / MT5 / HFM WebTrader / HFM App
MetaTrader 4 / MetaTrader 5 / TradingView / TradeLocker
Currencies
USD / EUR / USC
AUD / CAD / EUR / GBP / NZD / SGD / USD

Check with the provider

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