HFM vs Pepperstone: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeHFMPepperstone
Licence Score70Strong78Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record77
1 FCA United Kingdom LicensedLicensed · FRN 684312
1 ASIC Australia —Licensed · AFSL 414530
1 BaFin Germany —Licensed
2 CySEC Cyprus Licensed · Licence 183/12Licensed · Licence 388/20
2 FSCA South Africa Licensed · FSP 46632—
2 DFSA United Arab Emirates LicensedLicensed
3 FSC (MU) Mauritius Licensed—
3 CMA (Kenya) Kenya LicensedLicensed
3 SCB Bahamas —Licensed
4 FSA (Seychelles) Seychelles Licensed—
Founded20102010
HeadquartersCyprusAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryMT4, MT5, cTrader, TradingView
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is HFM or Pepperstone better regulated?

Pepperstone has the higher Licence Score (78 vs 70), based on the number and tier of licences, operating history and public listing.

Which regulators license both HFM and Pepperstone?

Both are matched to licences from FCA, CySEC, DFSA and CMA (Kenya).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.