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Broker Comparison

HF Markets vs Pepperstone

Side-by-side comparison of HF Markets and Pepperstone on every dimension professional traders care about — from fees and leverage to regulators, scalping rules, and EA support. Updated May 2026.

Reviewed & ranked byTradingEdge IC License — Investment Consultant (Thai SEC) Strategic Partner of Top-Tier Brokers
Published April 1, 2026·Last updated May 3, 2026·See our review methodology
HFM
HF Markets
4.8 · Saint Vincent & the Grenadines

HF Markets is a multi-regulated broker with 5 licenses worldwide. Founded in 2010 in Cyprus, it focuses on credibility for Asian and Middle Eastern clients — a top pick among Thai traders thanks to True Wallet / PromptPay / direct-bank integration.

$12/lotSpread 0.1p1:2000
winner
PP
Pepperstone
4.7 · Melbourne, Australia

Pepperstone is an Australian broker founded in 2010 in Melbourne, specialised in ECN execution and the favourite of algo / scalping traders. Multiple Tier-1 licenses (FCA + ASIC + DFSA + CySEC).

$8.2/lotSpread 0p1:500
Verdict

Pepperstone wins 6/13 categories — the better all-round choice.

HF Markets: 3 · Pepperstone: 6 · tied: 4
FieldHF MarketsPepperstone
Rebate per lot$12 / lot$8.20 / lot
Spread from0.1 pips0 pips
Execution speed90 ms30 ms
Max leverage1:20001:500
Min deposit$10$0
User rating4.8 / 5 (2,841)4.7 / 5 (3,210)
Trust score8.61 / 109.08 / 10
Execution typeMarket Execution / STPECN / DMA Aggregation
Liquidity providers11+22+
RegulatorsFCA (UK) #801701 · CySEC (CY) #183/12 · FSCA (ZA) #46632ASIC (AU) #414530 · FCA (UK) #684312 · CySEC (CY) #388/20
PlatformsMT4 · MT5 · HFM Mobile · HFM WebTraderMT4 · MT5 · cTrader · TradingView · Pepperstone Mobile
Payout frequencyรายวันรายวัน
Withdrawal timeภายใน 24 ชม.1 วันทำการ
Swap-free / Islamic
Scalping allowed
EA / algo allowed
Negative balance protection
Strengths of HF Markets
  • Up to $12/lot rebate — among the highest in Tier-1
  • Fast deposits/withdrawals via True Wallet, PromptPay, Krungthai/SCB in minutes
  • Cent account (from $5) suits beginners
  • 5 main licenses (FCA, CySEC, FSCA, DFSA, FSA)
  • High swap on certain pairs (GBPJPY, AUDNZD)
  • Free Islamic account requires request within 30 days
Strengths of Pepperstone
  • Sub-30ms ECN execution
  • 4 Tier-1 licenses (FCA, ASIC, DFSA, CySEC)
  • Razor spread close to 0.0
  • cTrader / MT4 / MT5 all supported
  • $7/lot commission for Razor
  • No deposit bonus

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Mulai Hari Ini

Bergabung dengan whale trader yang menghargai tiap Pip

Daftar gratis 60 detik. Tanpa syarat tersembunyi. Tidak mempengaruhi gaya trading — hanya menambah pendapatan.

Cashback sampai $12 per lot
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