XM vs HFM
Deposit bonus comparison · Reviewed by Tim Morris · 28 July 2026
| XM | HFM | |
|---|---|---|
| Our rating | 8/10 | 7.5/10 |
| Regulation | XM Global Limited — Belize FSC (000261/158) | HF Markets (SV) Ltd — St. Vincent & the Grenadines FSA (international entity) |
| Founded | 2009 | 2010 |
| Min deposit | $5 | $0 |
| Best bonus | 100% up to $500 + 20% up to $10,000 (total $10,500) | 100% SuperCharged Bonus — credit on each deposit ≥$50 (cumulative max $50,000) plus cash rebates up to $8,000 |
| Withdrawable cash | No (credit) | No (credit) |
| Cashback / IB | Yes | Yes |
Which should you choose?
- •XM scores higher in our vetting (8/10 vs 7.5/10).
- •HFM has a lower minimum deposit ($0) than XM ($5).
Both brokers also support cashback / IB rebates — recurring, withdrawable value that often beats a one-time bonus. How cashback works →
XM bonuses
100% up to $500 + 20% up to $10,000 (total $10,500)
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Min deposit
- $5
- Time limit
- Redeemable once; bonus removed proportionally on withdrawal
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
$30 No Deposit Bonus
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Time limit
- Claim within 30 days of opening the trading account
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
HFM bonuses
100% SuperCharged Bonus — credit on each deposit ≥$50 (cumulative max $50,000) plus cash rebates up to $8,000
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Min deposit
- $50
- Time limit
- No time limit; any withdrawal reduces the bonus 1:1 (MT4 Premium accounts)
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
20% Top-Up Bonus (up to $5,000)
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Time limit
- Applies to every transfer; bonus forfeited after 60 days of inactivity
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
Frequently asked questions
› Is XM or HFM better for a deposit bonus?
XM scores higher in our vetting (8/10 vs 7.5/10). But "better" depends on which bonus you can realistically clear and withdraw, and which broker accepts your country — compare the verified terms above and run them through our calculator.
› Which has the bigger bonus, XM or HFM?
XM: 100% up to $500 + 20% up to $10,000 (total $10,500). HFM: 100% SuperCharged Bonus — credit on each deposit ≥$50 (cumulative max $50,000) plus cash rebates up to $8,000. Remember a bigger headline usually means a bigger turnover requirement — the real value is what survives it.
› Are XM and HFM regulated?
XM: XM Global Limited — Belize FSC (000261/158); Trading Point — CySEC (EU; no bonuses); Trading Point — ASIC (AU); Trading Point — FCA (UK); Trading Point MENA — DFSA (Dubai). HFM: HF Markets (SV) Ltd — St. Vincent & the Grenadines FSA (international entity); HFM Investments Ltd — Kenya CMA (155); HF Markets SA (Pty) Ltd — FSCA (46632); HF Markets (Seychelles) Ltd — FSA; HF Markets Middle East — Dubai DFSA; HF Markets (UK) Ltd — FCA (801701); HF Markets (Europe) Ltd — CySEC. Bonuses are offered via offshore entities; EU/UK/AU/US retail clients can't claim them.