
Trading Account Comparison: HFM Centvs IC Markets Raw Spread (cTrader)
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.


Raw Spread (cTrader)
What Makes HFM Cent Different from IC Markets Raw Spread (cTrader)?
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.
HFM Cent
The HFM Cent account is the broker’s cent account and is categorized by Broker Alarab for beginners and small-volume trading. According to our data, spreads range from 1.4–1.8 pips, there is no separate trading commission, there is no minimum deposit and orders use Market Execution. It is particularly relevant to users searching for an HFM Cent Account or comparing Cent vs Premium on pricing and intended use.
IC Markets Raw Spread (cTrader)
The IC Markets Raw Spread (cTrader) account is the Raw option categorized by Broker Alarab for advanced traders seeking a cTrader-focused account with tight spreads and separate commission pricing. Spreads range from 0.0–0.3 pips, commission is $3 per lot, the minimum deposit is $200 and orders use Market Execution, giving it a distinct position versus the regular Raw Spread and Standard accounts.
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 | HFM Cent | IC Markets Raw Spread (cTrader) |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | HFM | IC Markets |
| Account Name | Cent | Raw Spread (cTrader) |
| Account Type | cent | raw |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | FCA | CySEC | FSCA | FSA | FSC | CMA | ASIC | CySEC | FSA | SCB |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 1.4 - 1.8 | 0.0 - 0.3 |
| Minimum Recorded Spread Based on the available account information. | 1.4 | 0 |
| Average Recorded Spread | 1.6 | 0.1 |
| Advertised Commission | $0 | Not specified |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $0 | $200 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | HFM Platform | WebTrader | MT4 | MT5 | cTrader | TradingView |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Not classified in this category | 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 | FCA | CySEC | FSCA | FSA | FSC | CMA | ASIC | CySEC | FSA | SCB |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:2000 | 1:500 |
| 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.

HFM
Cent

IC Markets
Raw Spread (cTrader)
Broker Alarab's Assessment
We see HFM Cent as differentiated primarily by its cent-account structure and its categorization for beginners and small-volume trading rather than by lower pricing than Premium. Both accounts are listed at 1.4–1.8 pips with a $0 separate commission and no minimum deposit in our data, making account structure and intended use the more important distinction.
Broker Alarab's Assessment
We see IC Markets Raw Spread (cTrader) as an account that should be evaluated through both cTrader preference and Raw pricing rather than as another version of Raw Spread. Our data lists the same 0.0–0.3 pip range but a $3-per-lot commission compared with $7 on Raw Spread. Platform preference, commission and trading volume can therefore become decisive factors.
Account Advantages
- ✓Recorded as a Cent account in Broker Alarab data
- ✓No separate trading commission according to our data
- ✓No minimum deposit listed for the account
- ✓Categorized for beginners and small-volume trading
- ✓Straightforward pricing structure based primarily on the spread
Account Advantages
- ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Commission is $3 per lot according to our data
- ✓The cTrader-focused Raw option within our IC Markets account lineup
- ✓Categorized for advanced traders
- ✓Listed commission is lower than Raw Spread while sharing the same spread range in our table
Disadvantages and Considerations
- !The listed spread range is 1.4–1.8 pips
- !No separate commission does not mean trading is cost-free
- !It does not offer a tighter listed spread range than Premium in our data
- !No minimum deposit does not determine an appropriate amount of trading capital
Disadvantages and Considerations
- !Carries a separate $3-per-lot commission
- !A spread starting at 0.0 does not represent the complete transaction cost
- !May be less relevant to traders who do not prioritize cTrader
- !Should be compared with Raw Spread, Standard and the other Raw accounts before choosing
Who Is This Account Suitable For?
- •Beginners specifically searching for an HFM Cent account
- •Traders interested in an account categorized for small-volume trading
- •Users who prefer no separate trading commission
- •Traders looking for an account with no minimum deposit listed in our data
Who Is This Account Suitable For?
- •Advanced traders who prefer cTrader within the IC Markets account options
- •Traders seeking to combine cTrader with a tight spread range
- •Users comparing cTrader account commission with the regular Raw Spread account
- •Traders who evaluate both spread and commission when choosing an account
Detailed Account Analysis
What Is the HFM Cent Account and Who Is It For?
The HFM Cent account is recorded as a cent account in Broker Alarab data and categorized for beginners and small-volume trading. According to our database, it uses 1.4–1.8 pip spreads with no separate trading commission, no minimum deposit and Market Execution. Its primary distinction therefore comes from its account structure and intended use rather than offering the tightest spread among HFM accounts. Users specifically researching a cent account should distinguish account structure from trading-cost figures.
HFM Cent vs Premium: What Is the Difference?
In the figures stored by Broker Alarab, Cent and Premium are very similar: both have 1.4–1.8 pip spreads, a $0 separate commission, no minimum deposit and Market Execution. The distinction in our data is their account type and categorized use. Cent is a cent account aimed at beginners and small-volume trading, while Premium is a standard account categorized for commission-free general trading.
Does the HFM Cent Account Have a Minimum Deposit?
According to Broker Alarab data, there is no minimum deposit listed for the HFM Cent account. This refers to the account funding requirement and does not mean that any very small amount is necessarily suitable trading capital. Minimum deposit should be separated from capital and risk management because appropriate funding and position sizing depend on a trader’s strategy and risk tolerance.
Detailed Account Analysis
IC Markets Raw Spread (cTrader) vs Raw Spread: What Is the Difference?
According to Broker Alarab data, both accounts share 0.0–0.3 pip spreads, a $200 minimum deposit and Market Execution. The clear difference in our table is commission alongside the cTrader focus of this account. Raw Spread (cTrader) carries a $3-per-lot commission, while Raw Spread carries $7 per lot. Traders should therefore compare their preferred platform and total trading cost rather than assuming the accounts are identical because both carry the Raw Spread name.
Who Is the IC Markets cTrader Account For?
Broker Alarab categorizes Raw Spread (cTrader) for advanced traders. The account becomes particularly relevant to users specifically seeking a cTrader experience while also wanting tight Raw pricing. Platform choice alone does not determine suitability, however. Traders should also consider the $3-per-lot commission, 0.0–0.3 pip spread range and expected trading volume, allowing the account to be evaluated as a complete combination of trading workflow and cost.
IC Markets cTrader vs Standard: Which Account Fits Your Trading Style?
The pricing structures differ clearly in our data. Raw Spread (cTrader) uses 0.0–0.3 pip spreads with a $3-per-lot commission, while Standard uses 0.8–1.0 pips with no separate commission. Both have a $200 minimum deposit. Traders seeking simpler pricing may consider Standard, while those prioritizing cTrader and tighter spreads should evaluate the cTrader account after including commission in the total transaction cost.
Important details about the HFM Cent account
No minimum deposit is listed in our data
The absence of a listed minimum is an account condition and is not a recommendation for the amount of capital that should be used for trading.
The separate commission is $0
The account carries no separate trading commission in Broker Alarab data, but the 1.4–1.8 pip spread remains part of trading cost.
Cent and Premium have matching core pricing figures in our data
The important distinction in our database is account type and categorized use, so neither should be described as cheaper based on the current listed figures.
Important details about the IC Markets Raw Spread (cTrader) account
The cTrader account commission is $3 per lot in our data
Broker Alarab data lists a $3-per-lot commission for Raw Spread (cTrader). This should be considered alongside the spread when comparing trading costs.
Raw Spread and Raw Spread (cTrader) are not identical
Although their spread ranges and minimum deposits match in our data, commission differs and this account has a cTrader focus, so the two should be evaluated separately.
Choosing cTrader does not remove the importance of cost
Platform preference matters, but spread, commission and trading volume remain important factors when determining whether the account fits a trader.
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 HFM Cent is 1.4 - 1.8, while IC Markets Raw Spread (cTrader) 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 HFM Cent is $0, compared with $200 for IC Markets Raw Spread (cTrader). 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 HFM Cent vs IC Markets Raw Spread (cTrader)
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between HFM Cent and IC Markets Raw Spread (cTrader)?+
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 HFM Cent account?+
What is the HFM Cent spread and commission?+
What is the HFM Cent minimum deposit?+
What is the difference between HFM Cent and Premium?+
What is the IC Markets Raw Spread (cTrader) account?+
What is the IC Markets cTrader spread and commission?+
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.
