Policy and Terms What is InvestinGoal

InvestinGoal » Compare Forex Brokers » HFM vs Pepperstone

HFM vs Pepperstone: Comparison and Analysis

Trying to figure out whether to use HFM or Pepperstone? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of HFM and Pepperstone side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account

70.51% of retail investor accounts lose money

HFM review

Open Account

74-89% of retail investor accounts lose money when trading CFDs

Pepperstone review

Overall Ratings

Rated

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

HFM
Pepperstone

Security 94

Cost 91

Cost 82

Trading 69

Trading 100

Education 70

Education 71

Company Info

Foundation

2010

Is it Regulated?

Is it Publicly Traded?

Is it a Bank?

Segregated Clients Funds ?

No-ESMA Branches? ?

Accepts EU Clients?

Accepts US Clients?

Accepts Canadian Clients?

Website Languages

en, ar, chi(t/s), de, es, fr, po, ru, tur, thai, ko, ind, viet, mal, it, tag

en, ar, es, pol, ru, ko, viet, it, chi

Leverage

Non-EU Leverage ?

1000:1

200:1

European Leverage ?

30:1

Australian Leverage ?

30:1

US Leverage ?

Canadian Leverage ?

Tier 1 Regulation

FSA ?

MAS ?

FINMA ?

FCA ?

CFTC ?

MIFID-ESMA ?

ASIC ?

CIRO ?

SFC ?

Tier 2 Regulation

FMA ?

CBR ?

FSCA ?

SEC ?

DFSA ?

CBRC ?

CySEC ?

ISA ?

Tier 3 Regulation

Offshore ?

MMA (Maldives) ?

EDR ?

FSA (Seychelles) ?

SCB (Bahamas) ?

FSC (Mauritius) ?

VFSC (Vanuatu) ?

IFSC (Belize) ?

CIMA (Cayman Islands) ?

SVG (Saint Vincent and the Grenadines) ?

FSRC (St. Kitts & Nevis) ?

BMA (Bermuda) ?

BVI (British Virgin Islands) ?

Brand Power

SimilarWeb - Website Ranking

78414

399331

SimilarWeb - Total Visits

571140

416901

Facebook Likes

1707

66224

Twitter Likes

24900

1800000

Instagram Likes

44700

192258

Deposit and Withdrawal

Minimum Deposit ?

Minimum Withdraw ?

Credit Card ?

Bank Transfer ?

PayPal

Neteller

Skrill

Other Methods Available ?

FasaPay, WebMoney, Bitpay, Bitcoin Cash

Bpay, POLi, UnionPay

Deposit Waiting Time ?

up to 10 minutes

1 business day

Withdraw Waiting Time ?

2 business days

1 business day

Bonus Program ?

Costs and Fees

Deposit Fees ?

Withdrawal Commissions ?

Overnight/Swap Fee ?

Inactivity Fee ?

Conversion Fee ?

Account Types

Demo Account ?

Demo Account Expiration ?

Account Currencies ?

EUR, GBP, USD, ZAR, AED

AUD, EUR, GBP, USD, CAD, CHF, HKD, JPY, NZD, SGD

Standard Account ?

Micro Account ?

Low-cost Account ?

Variable Spread Account ?

Fixed Spread Account ?

Zero Spread Account ?

ECN Account ?

Swap Free Account ?

Islamic Account ?

Professional Traders Account ?

Active Trader Program ?

Commodities

Crude Oil ?

0.05

0.5

Natural Gas ?

1.10

5.0

Silver ?

0.03

0.5

Platinum ?

3.0

Copper ?

0.005

Soybeans ?

Corn ?

Gold ?

0.19

0.5

Forex Fixed Spreads

EUR/GBP Spread

EUR/USD Spread

USD/JPY Spread

GBP/USD Spread

USD/CHF Spread

AUD/USD Spread

USD/CAD Spread

NZD/USD Spread

Forex Variable Spreads

EUR/USD Average Spread

0.3

0.09

USD/JPY Average Spread

0.3

0.19

USD/CHF Average Spread

0.8

0.35

GBP/USD Average Spread

0.5

0.38

USD/CAD Average Spread

0.5

0.27

AUD/USD Average Spread

0.4

0.17

NZD/USD Average Spread

0.4

0.32

EUR/GBP Average Spread

0.4

0.41

Fees on Stocks

Apple

0.04

Facebook

0.55

Alphabet

0.86

Snapchat

Tesco

0.5

Barclays

0.5

Lloyds

0.5

Fees on Indices

FTSE100

1.18

1.05

S&P500

0.4

0.47

Dow Jones

2.8

2.0

Nasdaq

2.08

2.0

CAC40

1.0

DAX30

1.5

0.9

Nikkei 225

9.0

8.0

Euro Stoxx 50

2.0

Fees on Cryptocurrencies

Bitcoin

Ethereum

$4.0

Ripple

Litecoin

$3.0

Bitcoin Cash

$4.0

Dash

$3.0

Monero

Neo

Platforms

cTrader Desktop

cTrader Web

Mirror Trader

ZuluTrade ?

MT4 Dekstop

MT4 Web

MT5 Desktop

MT5 Web

Proprietary Desktop Platform

Proprietary Web Platform

MAC Platforms

Sirix

Mobile Trading

Android ?

iOS ?

Windows ?

Trading Signals on Mobile ?

Smart Watch App ?

Forex Trading ?

CFD Trading ?

Alerts ?

Chartings-Drawing Tools ?

Mobile Available Language ?

en, ar, de, es, fr, gre, po, pol, ru, thai, ind, mal, it, chi

en, ar, es, po, ko, viet, chi

Watchlist Mobile ?

Available Markets

Forex Pairs ?

Crypto ?

Commodities ?

Stocks ?

Indices ?

ETF ?

Futures ?

Options ?

Bonds ?

Metal ?

Agricultural ?

Energies ?

Interest Rates ?

Penny Stocks ?

IPO ?

Blends ?

Dow Jones ?

FTSE ?

Dax ?

Nikkei ?

Gold Market ?

Bitcoin ?

Real Assets ?

Trading Execution

Direct Market Access (DMA) ?

Straigh Through Processing (STP) ?

Electronic Communication Network (ECN) ?

Market Maker ?

Non Dealing Desk (NDD) ?

FIFO Applies? ?

4 Digits Decimal Pricing ?

5 Digits Decimal Pricing ?

Risk Management

Stop Losses ?

Take Profits ?

Limit Orders ?

Trailing Stop ?

Margin Call ?

OCO Orders ?

Guaranteed Stop Loss ?

Negative Balance Protection ?

Minimum Trade Size ?

0.01 lots

Maximum Trade Size ?

100 lots

Special Trading Conditions

MAM ?

PAMM ?

Social Trading ?

Copy Trading ?

LAMM ?

Available Trading Techniques

Scalping ?

Hedging ?

Spread Betting ?

Expert Advisor (EA) ?

Virtual Private Server ?

API ?

Trading Tools

One-Click Trading ?

Signal Trading ?

Price Alerts ?

Number Chart Indicators ?

Number Chart Drawing Tools ?

Trade Directly From Chart ?

Watchlist ?

Education

Education Center ?

Webinars

Platform Tutorial Video ?

Video on Trading for Beginners ?

Video on Trading for Experts ?

Tutorial Guide

Glossary

Customer Support

Call Back Request ?

Email Support

Phone Support

Live Chat

Support Language Available

en, ar, es, pol, ru, thai, ko, viet, it, chi

Research

Professional Reports

Social Trading Features - Social Feeds ?

Economic Calendar

Daily Email With Trading Ideas

Analysis From Trading Central (Recognia)

Analysis From Delkos Research

AutoChartist

Traders Sentiment ?

News via Twitter

News via FaceBook

Daily Market Commentary

HFM vs Pepperstone: A Comprehensive Comparison Summary

Security

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.

Winner: Tie

Demo Accounts

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.

Winner: HFM

Account Opening

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.

Winner: HFM

Social-Copy Trading

HFM allows copy-social trading via its HFCOPY service, whereas Pepperstone uses third-party platforms Duplitrade and Myfxbook for copy trading.

Winner: HFM

Markets

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.

Winner: HFM

Trading Fees

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.

Winner: Pepperstone

Platforms

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.

Winner: Pepperstone

Education/Customer Care

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.

Winner: HFM

Conclusion

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.

Winner: HFM