Two brokers compete for equity exposure at different depths and platforms. The axis of tension is exchange coverage versus platform approach and support.
Both HFM and Plus500 are closely matched overall. Plus500 offers access to more exchanges (18 vs 8), which is the clearest differentiator.
Find out which stock broker best suits your investing profile.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Plus500 benefits from broader regulator coverage and LSE listing.
| Editorial score | 3.8/ 5 | 3.6/ 5 |
|---|---|---|
| Min deposit | No minimum▼ lower | $100 |
| Spreads from | 0 pips▼ lower | 0.6 pips |
| Commission / lot | $6/lot | N/A |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | HFM | Plus500 |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Fail |
The scores are close: HFM rates 3.8/5 and Plus500 rates 3.6/5. HFM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
HFM lists tighter spreads from 0, compared with Plus500's 0.6. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
HFM has no minimum deposit, while Plus500 requires at least $100. This makes HFM more accessible for traders with limited starting capital.
Both HFM and Plus500 hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: HFM has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
HFM lists maximum leverage of 20:1, while Plus500 lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
HFM charges $6 per trade on commission-based accounts. Commission details for Plus500 are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
HFM supports MetaTrader 5, MetaTrader 4, while Plus500 supports Proprietary Web/Mobile. HFM has exclusive access to MetaTrader 5 and MetaTrader 4. Plus500 has exclusive access to Proprietary Web/Mobile.
Neither HFM nor Plus500 is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both HFM and Plus500 are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
HFM leads with advanced charting and HFcopy.
Plus500 wins with spread-only pricing and no commissions.
Equally matched; neither offers fractional shares.
| 0.6 pips |
| N/A |
| Inactivity fee | None | $10/month (after 3 months) |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPay | Bank transferCredit cardDebit cardPayPalSkrillApple Pay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPay | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | DFSA FCA FSCA CySEC | FCA MAS ASIC CySEC CMA |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | Proprietary Web/Mobile |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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