
Trading Account Comparison: FP Markets Rawvs HFM Zero
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.


Zero
What Makes FP Markets Raw Different from HFM Zero?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
FP Markets Raw
The FP Markets Raw account is the broker’s low-spread option and is categorized by Broker Alarab for scalpers and active traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission is $6 per lot, the minimum deposit is $100 and orders use Market Execution. Raw differs from Standard primarily in how trading costs are divided between spreads and commission.
HFM Zero
The HFM Zero account is the broker’s low-spread account and is categorized by Broker Alarab for scalpers and active traders. According to our data, spreads range from 0.0–0.3 pips, commission starts from $6 per lot, the minimum deposit is $25 and orders use Market Execution. It is particularly relevant to searches for HFM Zero Spread and comparisons of Zero vs Pro on spreads, commissions and overall pricing.
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
Account Name
Account Type
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
Minimum Recorded Spread
Based on the available account information.
Average Recorded Spread
Advertised Commission
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
Order Execution Method
Trading Platforms
Available platforms may differ by account type.
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
Open a Trading Account
Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | FP Markets Raw | HFM Zero |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | FP Markets | HFM |
| Account Name | Raw | Zero |
| Account Type | raw | raw |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | ASIC | CySEC | FSCA | FSA | FSC | CMA | FCA | CySEC | FSCA | FSA | FSC | CMA |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 - 0.3 | 0.0 - 0.3 |
| Minimum Recorded Spread Based on the available account information. | 0 | 0 |
| Average Recorded Spread | 0.1 | 0.1 |
| Advertised Commission | Not specified | Not specified |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $100 | $25 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | cTrader | TradingView | MT4 | MT5 | HFM Platform | WebTrader |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Classified as suitable for scalping | Classified as suitable for scalping |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | ASIC | CySEC | FSCA | FSA | FSC | CMA | FCA | CySEC | FSCA | FSA | FSC | CMA |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:500 | 1:2000 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

FP Markets
Raw

HFM
Zero
Broker Alarab's Assessment
We see FP Markets Raw as particularly relevant to traders prioritizing tight spreads, with its listed 0.0–0.3 pip range and 0.1-pip recorded average. However, the $6 per-lot commission is an essential cost component and should not be ignored. Evaluating Raw, especially against Standard, should therefore focus on expected total cost and trading volume rather than the spread figure alone.
Broker Alarab's Assessment
We see HFM Zero as particularly relevant to traders searching for tight spreads or a scalping-oriented account, but the 0.0-pip figure should never be viewed separately from commission starting at $6 per lot. With a $25 minimum deposit, it also differs clearly from Pro. A useful comparison should focus on expected total cost rather than the minimum spread alone.
Account Advantages
- ✓Listed spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Recorded average spread is 0.1 pip
- ✓Tighter listed spread range than the Standard account
- ✓Categorized for scalpers and active traders
- ✓The $100 minimum deposit is the same as Standard
Account Advantages
- ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Tightest listed spread range among the four HFM accounts in our database
- ✓Minimum deposit is $25
- ✓Categorized for scalpers and active traders
- ✓Provides a low-spread pricing model for traders comfortable with a separate commission component
Disadvantages and Considerations
- !A $6 per-lot trading commission applies according to our data
- !A spread starting at 0.0 does not mean trading cost is zero
- !Higher total trading volume increases the cumulative impact of commission
- !Traders should compare both spread and commission with Standard rather than relying on the minimum spread alone
Disadvantages and Considerations
- !Commission starts from $6 per lot according to our data
- !A spread starting at 0.0 does not mean trading cost is zero
- !Cumulative commission becomes more relevant as total traded volume increases
- !Traders should compare total cost with Pro rather than spreads alone
Who Is This Account Suitable For?
- •Scalpers according to Broker Alarab account categorization
- •Active traders who prioritize tight spreads
- •Users who prefer a pricing model that separates commission from the spread
- •Traders comparing Raw with Standard who can evaluate total cost based on their trading volume
Who Is This Account Suitable For?
- •Scalpers according to Broker Alarab account categorization
- •Active traders who prioritize a tight spread range
- •Users who understand pricing that combines spreads with per-lot commission
- •Traders comparing HFM Zero with Pro before selecting a pricing model
Detailed Account Analysis
Does the FP Markets Raw Spread Start From 0.0 Pips?
Yes. The recorded minimum spread for FP Markets Raw is 0.0 pips, while the full listed range is 0.0–0.3 pips and the recorded average is 0.1 pip according to Broker Alarab data. The 0.0 figure does not mean trading is cost-free, however, because the account carries a $6 per-lot commission. Spread figures should therefore be read together with commission when evaluating costs.
FP Markets Raw vs Standard: Tighter Spreads or No Commission?
Raw and Standard use different pricing models. Raw has listed spreads of 0.0–0.3 pips with a $6 per-lot commission, while Standard has 1.0–1.5 pip spreads without a separate commission. Both accounts have a $100 minimum deposit. The comparison therefore centers on whether tighter spreads plus commission are more suitable for the trader’s expected volume and frequency than wider spreads without a separate commission.
Why Does Trading Volume Matter for FP Markets Raw Commission?
The recorded Raw commission is $6 per lot, making total traded lots an important factor when estimating costs. As cumulative trading volume increases, the commission component has a larger impact on total transaction costs. This is particularly relevant because the account is categorized for scalpers and active traders, trading styles that may involve greater transaction frequency than less active approaches.
Detailed Account Analysis
Does the HFM Zero Account Offer Spreads From 0.0 Pips?
Yes. The spread range listed for HFM Zero by Broker Alarab is 0.0–0.3 pips. This figure should be read together with the listed commission, which starts from $6 per lot. A spread reaching 0.0 therefore does not mean a transaction has no cost. Spread and commission should be evaluated together, particularly for active traders operating with larger total trading volumes.
HFM Zero vs Pro: Which Has Lower Trading Costs?
The answer depends on trading behavior because the pricing models differ. Zero uses 0.0–0.3 pip spreads with commission from $6 per lot, while Pro uses 0.6–1.0 pip spreads without a separate commission. Zero also has a $25 minimum deposit compared with $100 on Pro. Expected total cost should therefore be compared using lot size and transaction frequency rather than automatically choosing Zero because its listed spread is tighter.
Is HFM Zero Suitable for Scalping and Active Trading?
Broker Alarab categorizes HFM Zero for scalpers and active traders in our data. This classification accompanies the account’s listed 0.0–0.3 pip spread range and commission starting from $6 per lot. Active traders should pay particular attention to cumulative commission because increasing the total number of traded lots increases the commission component of overall trading costs.
Important details about the FP Markets Raw account
Commission is $6 per lot
This commission is a core component of the Raw pricing model according to Broker Alarab data and should be evaluated alongside the spread when comparing Raw with Standard.
0.0 pips is the start of the spread range, not zero cost
The listed spread ranges from 0.0–0.3 pips with a 0.1-pip recorded average, but the separate commission means trading cost is not zero even when the spread reaches 0.0.
The minimum deposit is $100
Raw and Standard have the same recorded $100 minimum deposit. This figure represents an account requirement rather than a recommendation for appropriate trading capital.
Important details about the HFM Zero account
Commission starts from $6 per lot
Broker Alarab data records the commission as starting from $6 per lot, so it should not be presented as a fixed $6 commission in every circumstance.
The listed spread range is 0.0–0.3 pips
A spread reaching 0.0 does not mean cost-free trading because the separate commission remains part of the account pricing model.
The minimum deposit is $25
This is the account requirement stored in our data and is not a recommendation that $25 represents appropriate trading capital or risk management.
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
Compare Spreads and Commissions Together
The recorded spread for FP Markets Raw is 0.0 - 0.3, while HFM Zero shows 0.0 - 0.3. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
Review Minimum Deposit Requirements
The recorded minimum deposit for FP Markets Raw is $100, compared with $25 for HFM Zero. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FAQs About FP Markets Raw vs HFM Zero
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between FP Markets Raw and HFM Zero?+
Is the account with the lowest spread always better?+
Can I compare two accounts from the same broker?+
How can I verify the trading conditions?+
What is the FP Markets Raw account?+
What is the FP Markets Raw spread?+
What is the FP Markets Raw commission and minimum deposit?+
What is the difference between FP Markets Raw and Standard?+
What is the HFM Zero account?+
What is the HFM Zero spread?+
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.
