HF Markets vs Plus500 Comparison
Compare trading conditions, commissions and platforms of Forex brokers HF Markets and Plus500. Find out which broker is best for you.
- Rating
- Rank
- #23
Trading CFDs carries high risks. You may lose all invested funds
- Rating
- Rank
- #3
81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - HF Markets or Plus500?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
HF Markets
- Minimum deposit · USD
- 1 USD
- Different platforms
- MetaTrader 4
- MetaTrader 5
- Different markets
- Bonds
- Cryptocurrency
Plus500
- Minimum deposit · USD
- 100 USD
- Different platforms
- None listed
- Different markets
- None listed
Comparison Table of HF Markets and Plus500
Swipe the table left or right to view all data.
| Broker | HF Markets | Plus500 |
|---|---|---|
| Foundation Year | 2010 | 2008 |
| Regulated in Countries | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States |
| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:2000 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | HF Markets Review | Plus500 Review |
HF Markets Review
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
HF Markets is in the top 10 of the following ratings:
Plus500 Review
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Intuitive CFD trading platform.
- 24/7 support.
- Built-in analytics.
- Diversity of trading assets.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
Plus500 is in the top 10 of the following ratings:
Reliability
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2010 | 2008 |
| Regulated in Countries | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States |
| Regulators |
HF Markets
HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.
Plus500
Plus500 is registered and regulated in several jurisdictions by authoritative bodies. This means that the broker is required to adhere to strict financial standards and provide regular reports on its activities to regulators.
Account Opening
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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HF Markets
The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard verification.
Plus500
Opening an account with Plus500 is straightforward due to its fast registration and low minimum deposit. Beginners should use the demo account and Trading Academy to learn before real trading.
Account Types
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Account Types | 5/5 | 2/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:2000 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
HF Markets
The broker offers a range of accounts to satisfy the needs of diverse traders.
Pros
- A wide selection of account types to suit different requirements.
- Specialized accounts, such as Cent and Islamic accounts.
- The opportunity to copy trades from successful traders.
Plus500
The lack of account diversity and market execution of orders at Plus500 significantly limits flexibility and opportunities for traders of various categories.
Commissions
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Commissions | 2/5 | 3.5/5 |
| Spread | from 0 points | from 0.6 points |
| Average Spread (EURUSD) | 1.5 | 1.2 |
| Commission | per 1 lot$3.00 | No data |
HF Markets
HF Markets' commissions are above average for the market.
Pros
- No fees for deposits/withdrawals.
Cons
- Spreads are above average
- High swaps for long-term trading.
- Inactivity fee.
Plus500
Plus500 offers clients market average trading commissions.
Pros
- No commission for deposit or withdrawal.
Cons
- Inactivity account fee.
Deposit and Withdrawal
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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HF Markets
HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.
Plus500
Plus500 offers convenient and diverse methods for depositing and withdrawing funds, but processing requests may take up to 3 business days.
Pros
- Wide selection of payment systems.
- No commission for depositing and withdrawing.
Markets and Products
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 53 | 65 |
| Precious Metals | 6 | 5 |
| Energy Carriers | 2 | 7 |
| Soft Commodities | 5 | 10 |
| Indices | 11 | 36 |
| Stocks | 95 | 1550 |
| ETF | 33 | 96 |
| Bonds | 3 | - |
| Cryptocurrency | 40 | - |
HF Markets
HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.
Plus500
Plus500 offers a deep diversity of products and markets, including CFDs on currencies, indices, commodities, stocks, and ETFs from various countries worldwide.
Trading Platforms
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Rating | 4.5/5 | 4.2/5 |
| Trading Platforms |
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HF Markets
HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.
Plus500
Plus500 offers an efficient, user-friendly platform, however, there is no choice between platforms.
Pros
- Proprietary platform
- Available on mobile devices.
Cons
- No choice between platforms.
Analytics
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Rating | 5/5 | 5/5 |
HF Markets
HF Markets offers an impressive set of analytical tools and up-to-date news from experts, facilitating effective trading.
Plus500
Plus500 offers good analytical tools and useful services.
Pros
- Insights+
- ESG scoring
- Convenient risk management tools
Education
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Rating | 5/5 | 5/5 |
HF Markets
HF Markets' educational materials are extensive and in-depth, allowing traders of all levels to improve their skills and strategies.
Plus500
Plus500 offers its users quality training through webinars, interactive materials and e-books. This allows traders to gain comprehensive knowledge for a successful start and effective trading.
Pros
- Quality and detailed video lessons
- Free webinars from independent experts
- Interactive guides and e-books
Customer Support
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| Broker | HF Markets | Plus500 |
|---|---|---|
| Rating | 4.2/5 | 3.7/5 |
| Email Support | ||
| Hotline Phones | — | |
| Social Media |
HF Markets
HF Markets' customer support is efficient, available through various channels, and responds quickly.
Pros
- Variety of communication channels (email, phone, online chat).
- Quick and professional response.
- Positive user feedback.
Cons
- Absence of instant messaging for quick communication.
- Lack of national phone lines.
- Support is limited to working days (24/5).
Plus500
The Plus500 customer support is limited and not ideal, although it provides support in multiple languages 24/7.
Pros
- Support in many languages.
- Operates around the clock.
Cons
- Lack of direct communication channels (e.g., telephone).
- Potential delays in responses due to limited communication channels.
Comparisons of HF Markets and Plus500 with other brokers
Conclusion
When choosing between Plus500 and HF Markets, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: HF Markets or Plus500?
Plus500 ranks higher than HF Markets in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: HF Markets or Plus500?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — HF Markets or Plus500?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with HF Markets and Plus500?
HF Markets: MetaTrader 4, MetaTrader 5, WebTrader. Plus500: WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with HF Markets and Plus500?
HF Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Plus500: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF. Full lists and differences are in the “Markets” section.
What account types are offered by HF Markets and Plus500?
HF Markets: Cent, Premium, Zero, Pro. Plus500: Plus500. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by HF Markets and Plus500?
HF Markets: Skrill, FasaPay, BitPay, Bank Transfer, Visa, Mastercard. Plus500: PayPal, Skrill, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — HF Markets or Plus500 — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
