HFM vs Pepperstone
Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.
Cent, Zero, Pro and Premium accounts from a $0 minimum, with leverage to 1:2000.
Australian broker with strong platform choice and tight pricing.
| Detail | HFM | Pepperstone |
|---|---|---|
| Regulation | HF Markets (UK) Ltd, FCA 801701 · HF Markets (SV) Ltd, St Vincent & the Grenadines 22747 IBC 2015 · HF Markets SA (PTY) Ltd, South Africa · HF Markets (Seychelles) Ltd | FCA, ASIC, CySEC and others by entity — confirm which applies to you |
| Minimum Deposit | $0 (Cent, Zero, Premium) · $100 (Pro) · $250 (InfinityX) | No fixed minimum |
| Max Leverage | 1:2000 (Cent, Zero, Pro, Premium) · Unlimited (InfinityX) | Varies by entity |
| Spread From | Zero from 0 on forex · Pro from 0.6 pip · Cent and Premium from 1.4 pip · InfinityX from 0.303 pip | From 0.0 pips on Razor |
| Commission | Zero: commission on forex pairs · others: none | From $3.5 per lot per side |
| Platforms | MetaTrader 4, MetaTrader 5, HFM WebTrader, HFM App, HFM Platform | MT4, MT5, cTrader, TradingView |
| Account Types | InfinityX, Cent, Zero, Pro, Premium | Standard, Razor |
| Funding Methods | — | Card, Bank transfer, PayPal, Skrill, Neteller |
| Withdrawal Time | — | 1-3 business days |
| Founded | — | 2010 |
| Countries | — | 170+ |
What the figures say
- Minimum Deposit: HFM lists $0 (Cent, Zero, Premium) · $100 (Pro) · $250 (InfinityX); Pepperstone lists No fixed minimum.
- Max Leverage: HFM lists 1:2000 (Cent, Zero, Pro, Premium) · Unlimited (InfinityX); Pepperstone lists Varies by entity.
- Commission: HFM lists Zero: commission on forex pairs · others: none; Pepperstone lists From $3.5 per lot per side.
- Platforms: HFM lists MetaTrader 4, MetaTrader 5, HFM WebTrader, HFM App, HFM Platform; Pepperstone lists MT4, MT5, cTrader, TradingView.
- Account Types: HFM lists InfinityX, Cent, Zero, Pro, Premium; Pepperstone lists Standard, Razor.
- Pepperstone publishes its funding methods (Card, Bank transfer, PayPal, Skrill, Neteller); HFM does not state one on the pages we read.
- Pepperstone publishes its withdrawal time (1-3 business days); HFM does not state one on the pages we read.
- HFM also lists Metals, Energies, Stocks, Bonds, ETFs.
- Pepperstone also lists Shares.
A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.
HFM: why traders choose it
- Three of the five accounts open with a $0 minimum
- Zero account: spreads from 0 on forex with a per-pair commission, leverage to 1:2000
- Pro account: spreads from 0.6 pip, no commission, from $100
- Cent account trades in 1,000-unit lots with balances in US cents
- Margin call 50% and stop-out 20% on the main accounts; 60 standard lots per position
- Same five platforms on every account, including HFM's own WebTrader and app
Pepperstone: why traders choose it
- TradingView integration for charting and execution in one place
- Razor account offers spreads from 0.0 pips
- No fixed minimum deposit
- Strong regulatory coverage across several regions
- Well regarded customer support
HFM pros
- The comparison table is complete: minimums, spreads, leverage, stop-out and lot limits for every account on one page
- A cent account and a $0 minimum make it easy to start very small
- The UK company's FCA number is printed in the footer next to the offshore entities
HFM cons
- The international site serves clients through the St Vincent, South African and Seychelles companies, not the FCA one
- Not offered to residents of the USA, Canada, UAE, Türkiye and several other countries
- The InfinityX account's unlimited leverage comes with a 20% margin call and 0% stop-out, which is a very short leash
Pepperstone pros
- TradingView trading built in
- Tight Razor spreads
- Broad regulatory footprint
- No minimum deposit requirement
Pepperstone cons
- Commission applies on the tightest account
- Standard account pricing is average
- Instrument list is smaller than some rivals
- Crypto availability depends on region
About HFM
HFM (HF Markets) publishes one comparison table for its InfinityX, Cent, Zero, Pro and Premium accounts. Three open from $0, leverage reaches 1:2000 on the main accounts and is described as unlimited on InfinityX, and every account runs on MT4, MT5, HFM's WebTrader, app and platform.
About Pepperstone
Pepperstone pairs competitive ECN pricing with the widest platform choice of the major brokers, including TradingView.
More comparisons
How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.