
HFM
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The FXStreet Team highlights HFM as a notable broker with offshore regulations in 2026. It offers high leverage options, flexible account options with low entry requirements and integrated copy trading service. PU Prime offers offshore licenses with a low minimum deposit, and Moneta Markets pairs it with a well-established operating history. An offshore Forex broker is one that is licensed in a jurisdiction outside the trader's own country, often in a light-touch financial centre such as Seychelles, Vanuatu, Mauritius, Belize or the British Virgin Islands. The term refers to where the broker's licence is held, not to the quality of its execution or the range of instruments it offers. Traders commonly choose offshore brokers for the higher leverage they offer. In major markets such as the United Kingdom, Europe and Australia, retail leverage is typically capped at around 1:30, while offshore brokers commonly offer 1:500 or more. Traders are also drawn by low minimum deposits, more flexible account conditions and faster onboarding. Offshore regulation generally provides weaker investor protection than a tier-one regulator. There is typically no statutory compensation scheme, dispute resolution and legal recourse can be limited, and the higher leverage that attracts traders also magnifies losses. A licence from a light-touch regulator offers less reassurance than one from a major authority. Using an offshore broker is legal in many countries, but it is generally riskier than trading with a locally regulated firm. Traders should weigh the flexibility of offshore conditions against the reduced protection, and should check the specific regulator and entity before depositing funds.
Regulation indicates the licences a broker holds and the authorities that oversee it. A trader who opens an account with an offshore broker is trusting the broker with money, so the regulatory standing of the broker is a direct safety consideration. Checking the specific regulator and entity behind the broker is one way to gauge the level of oversight and protection that applies. Tier-one regulators, such as those in the United Kingdom, the European Union and Australia, impose strict capital requirements, leverage caps and investor compensation schemes. Offshore regulators in jurisdictions such as Seychelles, Vanuatu, Mauritius and Belize operate with lighter oversight, so brokers licensed there can offer higher leverage and fewer restrictions, but with weaker protection for clients. There is an important difference between an offshore-regulated broker and an unregulated broker. An offshore-regulated broker holds a licence from a recognised authority, even if that authority is light-touch, and must meet its rules. An unregulated broker holds no licence at all, so it offers no regulatory protection and leaves a trader with little recourse if something goes wrong. Use the table below to compare regulation across the five brokers.
The table shows that these brokers combine tier-one and offshore regulators in different ways. HFM and Moneta Markets each include authorisation from the Financial Conduct Authority (FCA) in the United Kingdom, while PU Prime and Fusion Markets list regulation from the Australian Securities and Investments Commission (ASIC) in Australia. All five brokers are overseen by the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Commission (FSC) in Mauritius, and each also holds a licence from the Financial Services Authority (FSA) in Seychelles. Beyond this shared core, HFM adds the Capital Markets Authority (CMA) in Kenya and the Financial Services Authority (FSA) in Saint Vincent and the Grenadines, PU Prime includes the Capital Markets Authority (CMA) in the United Arab Emirates, and Fusion Markets lists the Vanuatu Financial Services Commission (VFSC) in Vanuatu, making HFM the broker with the broadest regulatory spread in this group.
Leverage sets the ratio of borrowed capital a broker makes available relative to a trader's own funds. Leverage controls how much exposure a position carries relative to the funds in the account, and it works the same across different brokers. Higher leverage increases both potential gains and potential losses, so it should be weighed against the risk a trader is prepared to accept. Offshore brokers typically offer higher leverage than tier-one regulated brokers, since offshore regulators do not impose the same retail leverage caps. For example, while a tier-one regulated broker may cap retail leverage at around 1:30 for major currency pairs, an offshore broker might offer 1:500 or more. This means a smaller margin is needed to control a larger position. Use the table below to compare leverage description, max leverage for retail traders, and max leverage for professional traders across each broker.
The comparison shows that maximum leverage for retail traders ranges from 1:500 at Fusion Markets to 1:2000 at HFM, with PU Prime, Moneta Markets and PrimeXBT each listing 1:1000. HFM’s description highlights different caps under FCA, CMA, FSA and FSCA oversight, alongside an InfinityX Account that offers unlimited leverage. Fusion Markets explicitly differentiates between VFSC and FSA clients at 1:500 and ASIC clients at 1:30. Moneta Markets and PrimeXBT both state that leverage varies by instrument or other factors, while PrimeXBT is the only broker to pair 1:1000 retail leverage with 1:2000 for professional traders.
Minimum deposit states the smallest amount a trader can use to open and fund an account. The minimum deposit is the first figure a trader encounters when opening an account, and a low minimum means trading can begin without a large upfront commitment. This matters for anyone testing a broker with a first deposit. Use the table below to compare minimum deposits.
The table shows that minimum deposit requirements among these brokers range from zero to fifty. HFM, Fusion Markets and PrimeXBT all list a minimum deposit of zero, indicating that an account can be opened and funded without a stated upfront threshold. PU Prime sets a minimum deposit of twenty, while Moneta Markets has the highest figure in this group at fifty.
Years operating reflects how long each broker has been in business. Time in business is one signal of stability, and it matters to a trader who is choosing an offshore broker. A longer track record means more history of handling client funds. Use the table below to compare years operating across the five brokers.
HFM has the longest record, with sixteen years operating, followed by PU Prime with eleven years. PrimeXBT and Fusion Markets sit in the middle of the range, with eight and seven years respectively. Moneta Markets is the newest broker in this group, with four years operating, marking the shortest track record compared with the others.
Spreads state the difference between the buy and sell price a broker quotes on an instrument. The spread is a cost built into every trade, and it applies to offshore brokers just as it does to any other broker. For a trader who trades often, the spread is one of the costs that shapes net returns. The comparison table below breaks down spreads and raw spread for each broker.
The data shows that these five offshore brokers quote a wide range of minimum spreads. PrimeXBT has the tightest stated spreads, from 0.1 pips, while PU Prime, Moneta Markets and Fusion Markets list minimum spreads from 1.3 pips, 1.2 pips and 0.9 pips respectively. HFM sits between these, with spreads from 0.3 pips. On raw spread accounts, HFM, PU Prime and Moneta Markets all quote raw spreads from 0.0 pips with commissions of 6 USD, 2 USD and 2 USD per lot per round turn respectively, while Fusion Markets lists a raw spread plus 4.5 USD per lot per round turn.
Trading platforms determine the software environment through which traders place orders and manage positions. The platform a trader uses is separate from the broker's regulatory status, and it should suit the trader's preferred way of working. A desktop, web or mobile setup each supports a different routine, so the platform matters as much as the broker itself. The table below breaks down trading platforms.
The comparison shows that all these brokers support at least one version of the MetaTrader platform. HFM, PU Prime and Moneta Markets each offer both MetaTrader 4 and MetaTrader 5, while Fusion Markets provides MetaTrader 4 and MetaTrader 5 alongside cTrader and TradingView. PrimeXBT focuses on MetaTrader 5, TradingView and its proprietary PXTrader 2.0 platform. PU Prime and Moneta Markets list multiple web and mobile trading options, whereas HFM and PrimeXBT highlight their own branded platforms.
Account types define the tiers of trading accounts a broker offers, each with its own conditions. The account type a trader chooses determines the conditions that apply, since different account types suit different trading styles. The account type also sets the minimum deposit and the conditions for funding. The table below breaks down account types for each broker.
HFM lists five account types: Infinity X, Cent, Zero, Pro and Premium. PU Prime provides four account types, named Standard, Prime, ECN and Cent. Moneta Markets offers three account types, labelled Direct STP, Prime ECN and Ultra ECN. Fusion Markets has two account types, Classic Account and Zero Account. PrimeXBT lists PXTrader 2.0, MT5 Standard, MT5 ZeroStop and MT5 Pro accounts.
Payment methods cover the ways traders can deposit funds into and withdraw funds from a trading account. A broker still needs to be funded, so the payment methods a broker supports matter for traders who want to deposit and withdraw. Traders should check which methods are available, since some brokers accept certain methods for deposits but not for withdrawals. The table below breaks down payment methods.
The table shows that all five brokers support card payments through Visa and Mastercard, with debit or credit card funding available across the board. Bank transfer options are also widely covered, including standard bank or wire transfers, international and local bank transfers, and instant bank transfer at each broker. Skrill and Neteller appear at all five brokers, while additional e-wallets and local payment brands such as PayPal, Interac, Osko, GCash, OVO, and Perfect Money are concentrated at Fusion Markets, PU Prime, Moneta Markets, and PrimeXBT. Fusion Markets lists the broadest range of payment methods, including SEPA, SWIFT, multiple regional systems, and several cryptocurrency options.
Asset classes are the broad categories a broker offers, such as Forex, indices, commodities or cryptocurrencies, while instruments are the individual markets within them, like S&P 500 or Bitcoin. This breadth determines which markets a trader can reach from a single account. The comparison table below breaks down the markets that the five brokers offer.
The data shows that these brokers provide access to Forex, indices, commodities, such as energies or precious metals, like Gold and Silver, and cryptocurrencies. HFM, PU Prime and Moneta Markets extend this with bonds. PU Prime and Moneta Markets also offer future indices, and PU Prime adds ETFs. Stock and share CFDs coverage varies, with HFM listing stocks, PU Prime and Moneta Markets listing both share CFDs and regional stocks, while Fusion Markets and PrimeXBT list share CFDs without separate regional stock categories.

HFM
| Regulated by | FCA, FSCA, FSC-MU, SVGFSA, CMA-KE, FSA-SC |
| Currencies accepted for deposits/withdrawals | EUR, GBP, IDR, KES, NGN, THB, USD, ZAR |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), HFM Platform |
| Customer service languages available | arabic, bangla, german, greek, english, spanish, persian, french, hindi, indonesian, italian, japanese, korean, malay, portuguese, thai, urdu, vietnamese, chinese |

PU Prime
| Regulated by | ASIC, FSCA, FSC-MU, CMA-AE, FSA-SC |
| Currencies accepted for deposits/withdrawals | AUD, CAD, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTerminal, MT5 WebTrader, Mobile App, Web Platform, Mirror Trader, MAM/PAMM, PU Prime App, PU Social, PU Web Trader |
| Customer service languages available | arabic, bulgarian, german, spanish, persian, french, hindi, indonesian, italian, japanese, korean, latvian, malay, dutch, polish, portuguese, romanian, russian, thai, tagalog, vietnamese, chinese |

Moneta Markets
| Regulated by | FCA, FSCA, FSC-MU, FSA-SC |
| Currencies accepted for deposits/withdrawals | BRL, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT5 WebTrader, Mobile App, Web Platform, ProTrader |
| Customer service languages available | arabic, german, english, spanish, persian, indonesian, italian, japanese, korean, malay, thai, turkish, vietnamese, chinese |

Fusion Markets
| Regulated by | ASIC, VFSC, FSA-SC |
| Currencies accepted for deposits/withdrawals | AUD, CAD, CHF, CZK, DKK, EUR, GBP, HUF, JPY, NOK, SEK, SGD, THB, USD |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
| Customer service languages available | english, spanish, indonesian, thai, vietnamese, chinese |

PrimeXBT
| Regulated by | FSCA, FSC-MU, FSA-SC |
| Currencies accepted for deposits/withdrawals | BTC, ETH, USD, ZAR |
| Trading platforms allowed | MetaTrader 5 (MT5), MT5 WebTrader, TradingView, Mobile App, Web Platform, PXTrader 2.0 |
| Customer service languages available | arabic, bangla, german, english, spanish, french, indonesian, japanese, korean, portuguese, russian, thai, urdu, vietnamese, chinese |
Our Editorial Process
Our editorial team personally tests each broker with real accounts. We evaluate spreads, execution speed, customer support, and withdrawal times over a 3-month period. Every broker on this list has been independently verified by at least two members of our research team to ensure accuracy and fairness in our recommendations.