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FBS vs HFM

Deposit bonus comparison · Reviewed by Tim Morris · 28 July 2026

FBS HFM
Our rating 7.5/10 7.5/10
Regulation FBS Markets Inc. — Belize FSC (IFSC/60/230/TS/18) HF Markets (SV) Ltd — St. Vincent & the Grenadines FSA (international entity)
Founded 2009 2010
Min deposit $5 $0
Best bonus 100% Deposit Bonus on first deposit (10%–60% tiered on later deposits over $100) 100% SuperCharged Bonus — credit on each deposit ≥$50 (cumulative max $50,000) plus cash rebates up to $8,000
Withdrawable cash Yes No (credit)
Cashback / IB Yes Yes

Which should you choose?

  • FBS offers at least one withdrawable cash bonus; the other's headline bonus is tradable credit.
  • HFM has a lower minimum deposit ($0) than FBS ($5).

Both brokers also support cashback / IB rebates — recurring, withdrawable value that often beats a one-time bonus. How cashback works →

FBS bonuses

100% Deposit Bonus on first deposit (10%–60% tiered on later deposits over $100)

The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.

Time limit
Expires 28 days after last deposit or trading activity

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 FBS or HFM better for a deposit bonus?

FBS offers at least one withdrawable cash bonus; the other's headline bonus is tradable credit. 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, FBS or HFM?

FBS: 100% Deposit Bonus on first deposit (10%–60% tiered on later deposits over $100). 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 FBS and HFM regulated?

FBS: FBS Markets Inc. — Belize FSC (IFSC/60/230/TS/18); CySEC (Cyprus) entity; ASIC (Australia) entity. 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.