Broker Comparison

Plus 500 vs HFM: Which Is Better?

A quick comparison between Plus 500 and HFM across rating, deposit, Islamic account, platforms, and spreads.

Quick Recommendation
HFM

Best overall based on rating, usability, fees, and account access.

Overall
HFM
Beginners
Tie
Spreads
HFM

Plus 500

Beginners

3.9out of 5
Plus 500
Minimum Deposit
$100
Islamic Account
Available
Trading Platforms
WebTrader | Mobile App
Best Overall

HFM

Low-cost forex trading

4.3out of 5
HFM
Minimum Deposit
$5
Islamic Account
Available
Trading Platforms
MT4 | MT5 | HFM Platform | WebTrader
Final Verdict

Which broker is better: Plus 500 or HFM?

A quick summary to help you choose the better broker based on your goal.

Overall Winner
HFM

Best balance between rating, fees, trust, and usability.

Beginners
Close
Spreads
HFM
Deposit
HFM
Quick Summary

If you want the stronger overall choice, HFM looks more suitable here. For beginners, the closer choice is both brokers. For lower spreads and active trading, HFM looks more relevant.

Account opening is completed through the broker’s official website.

Score Analysis

Strength Analysis Between Plus 500 and HFM

A visual summary showing where each broker performs better in safety, fees, platforms, deposits and withdrawals, and support.

Best Overall: HFMBeginners: Very Close

Safety & Trust

Reflects regulation strength and client fund protection.

Close
Plus 5004.3 / 5
HFM4.3 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Better: HFM
Plus 5003.8 / 5
HFM4.3 / 5

Trading Platforms

Based on platform quality and available trading tools.

Better: HFM
Plus 5003.7 / 5
HFM4.4 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Small Edge
Plus 5004.0 / 5
HFM4.3 / 5

Support & Customer Service

Compares support quality and overall user experience.

Small Edge
Plus 5003.9 / 5
HFM4.2 / 5

These scores help you understand where each broker performs better depending on your priority: safety, costs, platforms, deposits and withdrawals, or support.

Accounts & Trading Costs

Account and Fee Comparison

A quick summary of the main cost factors between Plus 500 and HFM.

Quick Summary
HFM

HFM looks stronger in terms of cost or spreads.

Plus 500 Accounts
1
HFM Accounts
4
Beginners
Very Close
Factor
Plus 500
HFM
Main Account
Standard
Cent
Min Deposit
$100
No minimum deposit
Spread
0.6 - 1.2
1.4 - 1.8
Commission
$0
$0
Execution
Market Execution
Market Execution

Plus 500 Accounts

1 available account

Standard
Spread
0.6 - 1.2
Commission
$0
Deposit
$100
Execution
Market Execution

HFM Accounts

4 available accounts

Cent
Spread
1.4 - 1.8
Commission
$0
Deposit
No minimum deposit
Execution
Market Execution
Premium
Spread
1.4 - 1.8
Commission
$0
Deposit
No minimum deposit
Execution
Market Execution
Pro
Spread
0.6 - 1.0
Commission
$0
Deposit
$100
Execution
Market Execution
Zero
Spread
0.0 - 0.3
Commission
From $6 per lot
Deposit
$25
Execution
Market Execution

Start with the broker that fits you best

After reviewing accounts and costs, choose the broker that better matches your trading style.

The most important factor is not only the number of accounts, but choosing the account that fits your needs in terms of spread, commission, minimum deposit, and execution method.

Quick Decision

Which Broker Should You Choose Now?

A practical summary to choose the better broker based on your goal.

Overall Recommendation
HFM

The strongest overall choice based on this comparison.

Beginners
Both Suitable
Costs
HFM
Short Decision

Choose HFM if you want the strongest overall option. For an easier start, the closer choice is both brokers.

FAQs

Questions About Plus 500 and HFM

Key questions before opening an account.

Plus 500
HFM

How competitive are Plus500 spreads compared to other CFD brokers?

Plus500 typically offers spreads between 0.6 to 1.2 pips on major forex pairs. While competitive for a commission-free broker, spreads may be higher compared to ECN brokers that offer raw pricing.

Does Plus500 charge commissions or is everything included in the spread?

Plus500 uses a spread-based pricing model, meaning there are no separate commissions on trades. All trading costs are built into the spread, making pricing simple but sometimes less transparent.

What is the minimum deposit required to open a Plus500 account?

The minimum deposit at Plus500 starts from $100, which is standard for regulated CFD brokers and higher than entry-level platforms.

What is the real difference between HFM Cent, Premium, Pro and Zero accounts?

Cent and Premium use commission-free pricing, while Pro offers lower spread-based pricing for experienced traders. Zero provides spreads from 0.0 pips with a separate commission and is generally better suited to scalpers and active traders.

Is the HFM Zero commission $3 or $6 per lot?

The commission starts at about $3 per side, which is approximately $6 for opening and closing one standard lot. The final charge can vary by instrument and account entity.

Does the HFM Zero account always provide a 0.0-pip spread?

No. A spread from 0.0 pips is a minimum quote, not a permanent spread. Live pricing is variable and can widen during news releases, volatile markets or periods of lower liquidity.