Main Score & Risk Matrix
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
HXFX Global has a critically low score of 1.6/10. Regulatory visibility is weak and investor protection should be treated with extreme caution.
"This broker shows a severe risk profile. Regulatory visibility is weak, investor protection is unclear, and caution is strongly advised before any capital allocation."
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured regulatory license cards have been configured yet.
| Feature | HXFX Global | FXTM | EC Markets | AvaTrade |
|---|---|---|---|---|
| Operating Period | 5-10 years | See review | See review | See review |
| Region | United Kingdom | See review | See review | See review |
| Minimum Deposit | $100 | See review | See review | See review |
| Spread | N/A | See review | See review | See review |
| Trust Score | 1.6/10 | See review | See review | See review |
| Account Type | Target User Group | Key Characteristics | Applicability Notes |
|---|---|---|---|
| Mini Account | Beginners | Low minimum deposit, accessible trading | Suitable for small-capital practice, minimum deposit of $20 |
| Standard Account | Intermediate Traders | Moderate minimum deposit, competitive spreads | Requires minimum deposit of $50 |
| Senior Account | Experienced Traders | Higher leverage, tighter spreads | Minimum deposit of $2,000 required |
To open an account with HXFX Global, prospective clients must submit personal, employment, and financial information. This includes identity verification, where clients need to provide a valid ID and proof of address. The process is designed to be straightforward, allowing for flexibility in account upgrades, such as moving from a Mini to a Standard or Senior account as trading needs evolve.
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 1.5 | $0 | Applicable for Mini Accounts |
| Forex (EUR/USD) | 1.3 | $0 | Applicable for Standard Accounts |
| Forex (EUR/USD) | 1.1 | $0 | Applicable for Senior Accounts |
| CFDs (Stocks, Indices, Commodities) | Varies | $0 | Dependent on specific instruments |
| Cryptos (BTC, ETH) | Varies | $0 | Market conditions may affect spreads |
HXFX Global may impose various fees on transactions. These can include deposit and withdrawal fees, which are applied to certain transaction amounts. Inactivity fees may also be applicable if accounts remain dormant for extended periods. Additionally, clients should be aware of possible overnight interest (swap rates) and currency conversion fees that could impact their trading costs.
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured payment methods have been configured yet.
These are the highest-rated forex brokers registered in United Kingdom. Each broker listed below has been evaluated based on licensing status, trading conditions, platform quality, and user feedback within the same regulatory jurisdiction as HXFX Global.
The following brokers represent the highest overall trust scores across all regions on our platform. They are selected independently of HXFX Global's profile and serve as a benchmark for traders seeking top-tier alternatives worldwide.
Review the regulation section above and verify all license claims directly with the relevant regulator before opening an account.
The currently configured minimum deposit is $100. Always confirm this on the broker website before funding.
The current spread reference configured for this broker is N/A.