
Trading Account Comparison: HFM Centvs Plus500 Standard
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.


Standard
What Makes HFM Cent Different from Plus500 Standard?
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.
Plus500 Standard
The Plus500 Standard account is the standard option categorized by Broker Alarab for general traders seeking a straightforward pricing model without a separate dealing commission. According to our data, spreads range from 0.6–1.2 pips with a recorded average of 1.0 pip, the separate commission is $0, the minimum deposit is $100 and orders use Market Execution.
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 | Plus500 Standard |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | HFM | Plus500 |
| Account Name | Cent | Standard |
| Account Type | cent | standard |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | FCA | CySEC | FSCA | FSA | FSC | CMA | FCA | ASIC | CySEC | MAS | FMA |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 1.4 - 1.8 | 0.6 - 1.2 |
| Minimum Recorded Spread Based on the available account information. | 1.4 | 0.6 |
| Average Recorded Spread | 1.6 | 1 |
| Advertised Commission | $0 | $0 |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $0 | $100 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | HFM Platform | WebTrader | WebTrader | Mobile App |
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 | Not classified in this category |
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 | FCA | ASIC | CySEC | MAS | FMA |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:2000 | 1:300 |
| 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

Plus500
Standard
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 the Plus500 Standard account as offering a straightforward structure for traders who prefer not to pay a separate dealing commission, with a $100 minimum deposit and recorded spreads of 0.6–1.2 pips averaging 1.0 pip. Its main strength is pricing simplicity, but a proper cost assessment should consider actual spreads and other potential charges rather than treating a $0 commission as equivalent to cost-free trading.
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
- ✓No separate dealing commission according to Broker Alarab data
- ✓The recorded spread starts from 0.6 pips
- ✓The recorded average spread is 1.0 pip
- ✓The recorded minimum deposit is $100
- ✓Relatively straightforward pricing because the primary trading cost is spread-based rather than a separate commission
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
- !No separate commission does not mean trading is cost-free
- !The recorded spread can reach 1.2 pips rather than remaining fixed at 0.6 pips
- !Other costs related to account activity can apply in addition to the spread
- !Total pricing should be compared with tight-spread commission-based accounts offered elsewhere
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?
- •General traders according to Broker Alarab account categorization
- •Users who prefer an account without a separate dealing commission
- •Traders seeking a pricing structure based primarily on the spread
- •Users comfortable with a recorded $100 minimum deposit requirement
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
How Is the Plus500 Standard Trading Cost Structured?
According to Broker Alarab data, the separate commission on the Plus500 Standard account is $0, while the recorded spread ranges from 0.6–1.2 pips with a 1.0-pip average. Account pricing is therefore evaluated primarily through the spread rather than an additional dealing commission on each trade. Commission-free does not mean cost-free, however, because the difference between the buy and sell price remains an important trading-cost component, alongside any other charges that may apply depending on account activity.
Plus500 Spread: Why Is the 0.6-Pip Figure Not the Whole Story?
The minimum spread recorded in the Broker Alarab database is 0.6 pips, but the full recorded range extends to 1.2 pips and the recorded average is 1.0 pip. Traders evaluating the Plus500 Standard account should therefore consider the range and average rather than building a comparison around the lowest figure alone. Spreads should not be assumed to remain fixed, and actual trading costs can differ depending on the instrument and market conditions.
Is Plus500 Standard Suitable for Traders Seeking Simple Pricing?
The account has a relatively straightforward structure: a $0 separate dealing commission with the primary listed trading cost incorporated through the spread. This can be easier to understand than an account combining tight spreads with a separate per-lot commission. Simplicity does not automatically make it the cheapest option, however, so traders should compare actual spreads and total costs according to the instruments, volume and trading style involved.
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 before using the Plus500 Standard account
$0 commission does not mean zero trading cost
The recorded separate commission is $0, but Plus500 pricing is primarily based on the buy/sell spread. The spread therefore remains a direct trading-cost component, and other charges can apply depending on account activity.
The recorded spread is a range rather than a fixed number
Broker Alarab data records spreads of 0.6–1.2 pips with a 1.0-pip average. The 0.6-pip figure should therefore not be interpreted as a fixed spread applying to every instrument, trade or market condition.
$100 is the recorded minimum, not recommended trading capital
The minimum deposit recorded by Broker Alarab is $100. This figure describes the account requirement only, while appropriate trading capital depends on position size, risk and account-management decisions.
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 Plus500 Standard shows 0.6 - 1.2. 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 $100 for Plus500 Standard. 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 Plus500 Standard
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between HFM Cent and Plus500 Standard?+
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 Plus500 Standard account?+
What is the Plus500 Standard 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.
