Pepperstone
HF Markets
Our Rating
98
46
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Regulations and Licenses

Feature
Pepperstone
HF Markets
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
DFSA (Dubai)
BaFin (Germany)
CMA (Kenya)
FSA (Seychelles)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
HF Markets
EUR/USD Avg. Raw Spread
0.10
0.1
GBP/USD Avg. Raw Spread
0.40
0.3
AUD/USD Avg. Raw Spread
0.20
0.7
EUR/USD Standard Spread
1.10
1.2
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.40
1.9
AUD/USD Avg. Standard Spread
1.20
1.8
Commissions (USD Base)
$3.50
$3.00
Minimum Deposit
$0
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
4+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
HF Markets
Currency Pairs
62+
38+
Cryptocurrency CFDs*
12+
19+
Index CFDs
14+
23+
Share CFDs
300+
96+
Commodities CFD
9+
13+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max Leverage (Australia)
500:1
-
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
500:1
500:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
500:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (UAE)
500:1
500:1
Retail Max. Leverage (Kenya)
400:1
-
Professional Leverage
500:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
HF Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
-
Guaranteed Stop Loss
-
Demo Account

Overall

Pepperstone
HF Markets
Our Rating
980
460
 

Our full comparison covers the 10 most important trading factors. Here are five noticeable differences between Pepperstone and HF Markets:

  • Pepperstone offers lower spreads and fees, with spreads starting as low as 0.0 pips on major pairs.
  • Pepperstone provides a superior trading platform experience, including enhanced MetaTrader 4 and 5 platforms.
  • In terms of accounts and features, Pepperstone offers competitive spreads and low commissions, outperforming HF Markets.
  • Pepperstone has a stronger regulatory framework, regulated by top-tier authorities like ASIC and FCA.
  • Pepperstone boasts a more comprehensive range of CFDs and markets, especially in cryptocurrencies and ETFs.