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Side-by-Side Comparison Independent Updated Mar 11, 2026

Plus500 vs HFM 2026: Which Broker is Better?

Choosing between Plus500 and HFM depends on your trading style, preferred markets, and budget. Plus500 is headquartered in Haifa, Israel, while HFM operates from Limassol, Cyprus. Plus500 has the longer track record, established in 2008, compared to HFM which was founded in 2010. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

Plus500

HFM

Higher ratedPlus500 logo

Plus500

4.0/ 5
Visit Plus500 →

80% of retail CFD accounts lose money.

Full review
VS

80% of retail CFD accounts lose money.

Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.

Plus500HFM
BrokerRank Score4.0/5 ✓3.8/5
Min. Deposit$100 ✓$5
Spread from0.6 pips0 pips ✓
Max Leverage1:301:2000 ✓
RegulationFCA, CySEC, ASIC ✓FCA, CySEC, FSCA
PlatformsProprietary Web, Proprietary MobileMT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Plus500HFM
Best for Low Fees
HFMPlus500
Best for Regulation
Plus500HFM
Best Overall
Plus500HFM
Quick Answer

Plus500 is the better choice overall, scoring 4.0/5 vs 3.8/5 on BrokerRank's independent rating. On fees, HFM offers lower spreads (0 pips).

See full side-by-side comparison below

Plus500 vs HFM: Key Differences

Feature

Plus500

Winner

HFM

Our Rating
4.0 / 5
3.8 / 5
Min. Deposit
$100
$5
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
$3/lot
Platforms
Proprietary Web, Proprietary Mobile
MT4, MT5, Proprietary Mobile
Markets
CFDs on forex, indices, stocks, commodities & crypto
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2008
2010
Headquarters
Haifa, Israel
Limassol, Cyprus
Score
3 / 5
2 / 5

Fees Comparison

Fee

Plus500

HFM

Spread From
0.6 pips
0 pips
Commission
None
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Plus500 holds licences from FCA, ASIC, MAS. HFM is regulated by FCA, CySEC, FSCA.

Markets & Assets

Both brokers offer access to Cfd, Forex, Stocks, Indices, Commodities markets.

Fees & Spreads

On spreads, HFM is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Plus500.

Trading Platforms

Plus500 supports Proprietary Web, Proprietary Mobile. HFM offers MT4, MT5, Proprietary Mobile. Both brokers are available on Proprietary Mobile.

Minimum Deposit

Plus500 requires a minimum deposit of $100, while HFM sets a minimum deposit of $5. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores Plus500 at 3.98/5 and HFM at 3.78/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Plus500 leads overall with a clear advantage.

BrokerRank Verdict

Plus500 is our recommended pick in this comparison, scoring 3.98/5 versus HFM's 3.78/5. Plus500 holds more tier-1 licences (FCA, ASIC, MAS), offering stronger regulatory protection. HFM has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find HFM's lower minimum deposit of $5 more accessible. HFM is still a solid option for beginners starting with a smaller initial capital, but Plus500 offers a stronger overall package for the majority of traders.

Who Should Choose Which?

Plus500

Plus500

4.0/5

Top pick

Choose Plus500 if you want…

  • Higher overall rating (4.0/5)
  • No per-trade commission
  • More regulatory licences (4)
  • More established (est. 2008)
Visit Plus500 →

80% of retail CFD accounts lose money.

HFM

HFM

3.8/5

Choose HFM if you want…

  • Tighter spreads (from 0 pips)
  • Lower minimum deposit ($5)
  • Higher leverage (up to 1:2000)
  • More platforms (3 supported)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

Both Plus500 & HFM are available in

Frequently Asked Questions

1

Is Plus500 better than HFM?

Plus500 scores higher overall on our independent rating system. Plus500 holds a 4.0/5 rating vs HFM's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Plus500 or HFM?

Plus500 offers spreads from 0.6 pips, while HFM starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Plus500 vs HFM?

Plus500 requires a minimum deposit of $100. HFM requires $5.

4

Which broker is safer, Plus500 or HFM?

Plus500 is regulated by FCA, CySEC, ASIC, MAS, while HFM holds licences from FCA, CySEC, FSCA.

5

What trading platforms do Plus500 and HFM support?

Plus500 supports Proprietary Web, Proprietary Mobile. HFM supports MT4, MT5, Proprietary Mobile.

6

Can I use both Plus500 and HFM?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Higher Rated

Plus500

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80% of retail CFD accounts lose money.