Bonuses

HFM vs BigBoss: Which Broker Is Better?

Updated 2 November 2026 · Written by Broker Atlas Comparisons Desk · Data checked by Broker Atlas Data Desk

Short answer

Pick BigBoss for the bigger bonus (three tiers, up to $13,840 of credit) and leverage up to 2222:1 on major FX. Pick HFM for lower costs (EUR/USD around 1.4 pips against 1.9, and a Zero account at $6 round trip), a Cent account and a group with FCA, CySEC, FSCA, Seychelles FSA and CMA licences. Both have negative balance protection and a 20% stop-out.

Comparison table

FeatureHFMBigBoss
Max leverage2,000:12,222:1
Min deposit$0No minimum deposit
Bonus20% top-up bonus on every deposit up to $5,000Three-tier deposit bonus up to $13,840
Account types5 types4 types
PlatformsMT4 / MT5 / HFM AppMT4 / MT5
LicenceCySEC 183/12, FCA 801701, FSCA 46632, FSA SD015, CMA 155Comoros
Bonus offered✓✓
No-deposit bonusNoneNone
Deposit bonus20% top-up on every deposit, up to $5,000Three-tier deposit bonus up to $13,840
Negative balance protection✓✓
Stop-out level20%20%
USD/JPY spread2.7 pipsNot published
EUR/USD spread1.4 pips1.9 pips
EUR/USD spread (low-spread account, no commission)0.9 pipsNo such account
Gold spread38 pips32 pips
USD/JPY spread (raw account)0.1 pips0.3 pips
EUR/USD spread (raw account)0 pipsNot published
Commission (per lot, round turn)69
Withdrawal timeE-wallets instant, crypto within 24 hoursBank withdrawals usually 2–5 working days after the fee is…
Deposit & withdrawal methodsBank wire, cardsBank transfer, cards, bitwallet, BXONE and crypto
ECN account✓✓
Cent account✓✗
Scalping allowed✓✓
EAs allowed✓✓
Copy trading✓✗
Swap-free✓✓
Crypto CFDs✓✓
Stock CFDs✓✓
Local-language support✓✓
Rebates and loyaltyHFM Loyalty ProgramBigBoss Points: 6–33 points per lot by status

The short answer

Both are high-leverage offshore brokers with bonuses. BigBoss gives more bonus credit; HFM costs less to trade and sits in a more heavily regulated group.

1. Licences

HFM group: CySEC 183/12, FCA 801701, FSCA 46632, Seychelles FSA SD015, CMA 155; international clients deal with an offshore group company named in the client agreement. BigBoss: Big Boss Ltd. (Comoros, BFX2024045) and BigBoss Mauritius Limited (FSC Mauritius, GB20025563). Offshore licences give far less protection than UK or EU regulation. See safest brokers.

2. Leverage and bonus

BigBoss: up to 2222:1 on major FX, falling as balance grows; fixed 100:1 on exotic FX, 50:1 on energy, indices, commodities and crypto CFDs, 20:1 on stocks. Its three-tier deposit bonus reaches $13,840, plus a 10% BBC deposit bonus.

HFM: up to 2000:1, restricted from 15 minutes before to 5 minutes after major news, and capped at 1000:1 on the Top-up Bonus account, which pays 20% on every deposit, up to $5,000.

3. Costs

Item HFM BigBoss
EUR/USD, spread-only (average) about 1.4 pips (Premium) about 1.9 pips
Raw account Zero: 0.0 pips + $6 round trip Pro Spread: $9 round trip
Gold (average) about $0.38 about $0.32
Minimum deposit $0 None
Cent account Yes No

Typical review-site figures, not official averages. Spreads compared.

4. Withdrawals

HFM pays e-wallets instantly, crypto within 24 hours and bank wires or cards in 2–10 business days, with no HFM fee. BigBoss bank withdrawals take 2–5 working days after a $20 bank fee.

Verdict

  • Wants the biggest bonus and maximum leverage: BigBoss
  • Wants lower costs, a Cent account or a regulated group behind the brand: HFM
  • With either, deposit a small amount first and test a withdrawal.

To line both up against other brokers, use the broker comparison tool.

Full reviews: HFM and BigBoss.

Frequently asked questions

Which has higher leverage?

BigBoss, slightly: up to 2222:1 on its Deluxe and OMEGA accounts, varying with balance. HFM goes to 2000:1, with 1000:1 on its Top-up Bonus account and reduced leverage around major news.

Which has a bonus?

Both. BigBoss runs a three-tier deposit bonus worth up to $13,840 of credit, plus 10% on deposits in its BBC token. HFM pays 20% on every deposit, up to $5,000, on its Top-up Bonus account.

Which is regulated?

HFM's group lists FCA, CySEC, FSCA, Seychelles FSA and CMA licences, though international clients are served by an offshore group company. BigBoss holds a Comoros (Mohéli) brokerage licence and an FSC Mauritius licence. Both are offshore for international clients.

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