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HFM (HotForex) vs RaiseFX: Which is better in 2026?

A neutral, side-by-side comparison of HFM (HotForex) and RaiseFX on the criteria that matter — regulation, fees, leverage, platforms and withdrawal speed. Scores are objective and never influenced by affiliation.

HFM (HotForex)RaiseFX
Overall score4.3 / 54.7 / 5
Minimum deposit€5€50
EUR/USD spread0.5 pips0.3 pips
RegulationFCA (UK), CySEC (Cyprus), DFSA (Dubai), FSCA (South Africa), FSC (Mauritius)FSCA (South Africa)
Max leverage1:10001:500
PlatformsMT4, MT5MT5
Withdrawal time2 business daysInstant / same day
Trustpilot4.3/5 (2,600)4.6/5 (1,450)
Rating
HFM (HotForex)
Multi-regulated broker, formerly branded HotForex.
Read our review
RaiseFX
Low-spread ECN trading with fast withdrawals.
Open account

Our verdict

RaiseFX edges ahead on fees (spread + commission), finishing with an overall neutral score of 4.7 versus 4.3 for HFM (HotForex). That said, the gap is narrow and depends on your priorities: HFM (HotForex) still comes out ahead on minimum deposit, so traders who weight that most highly may prefer it. Both are credible, vetted options — check regulation, fees and withdrawal terms against your own needs before choosing.

Read the full HFM (HotForex) review or the RaiseFX review.

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