General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
Tier 1 Regulation
Tier 2 Regulation
Tier 3 Regulation
Deposit and Withdrawal
Costs and Fees
Forex Fixed Spreads
Forex Variable Spreads
Fees on Stocks
Fees on Indices
Fees on Cryptocurrencies
Special Trading Conditions
Available Trading Techniques
HFM vs Pepperstone: A Comprehensive Comparison Summary
Both HFM and Pepperstone have a security rating of 94. HFM is regulated by FCA, CySEC, DFSA, FSCA, FSA (Seychelles), CMA, SVG, but doesn’t accept US traders. On the other hand, Pepperstone is regulated by FCA, ASIC, DFSA, CySEC, SCB, CMA, and doesn’t have any known restrictions.
HFM offers an unlimited demo account with $100,000 virtual funds, replenishable upon request. Pepperstone, however, provides a 30-day demo for MT4 and MT5 accounts and unlimited for cTrader accounts, with $50,000 virtual funds restorable via customer support.
HFM requires a minimum deposit of $5 for a Micro account, while Pepperstone doesn’t impose a minimum, but suggests $200. Both offer various accounts and support multiple payment methods, but HFM supports more account currencies and provides a broader choice of account types.
HFM allows copy-social trading via its HFCOPY service, whereas Pepperstone uses third-party platforms Duplitrade and Myfxbook for copy trading.
While HFM offers 53 forex pairs, 13 commodities, 11 indices, 19 crypto assets, 115 stocks (1898 real stocks), 34 ETFs, and 19 futures and options, Pepperstone offers 70 forex pairs, 15 commodities, 14 indices, 70 crypto assets, 60+ stocks but lacks ETFs and futures/options.
HFM offers variable spreads from 0.1 pip on forex (Zero Spread account) with zero commission on stocks. Pepperstone offers variable spreads from 0 pip on forex and charges up to $7 per lot traded, with variable spreads on stocks.
Both brokers offer MT4 and MT5 via web, desktop, and mobile devices, with algo trading capabilities and VPS services. HFM has its proprietary HFM App, while Pepperstone also supports cTrader.
HFM provides extensive educational material and supports 24/5 customer care in over 20 languages. Pepperstone offers a good range of educational material primarily for beginners, and customer care in over 12 languages.
While both HFM and Pepperstone provide robust services, HFM stands out for its wider variety of markets, more account options, and comprehensive education material. Pepperstone shines for its lower trading fees. Your choice depends on what aspects matter most to you.