HYCM vs Pepperstone 2026: which is better?
We compared HYCM and Pepperstone on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Pepperstone holds 4 licences from strong regulators, against 2 for HYCM.
- The minimum deposit at Pepperstone is $0, against $20 at HYCM.
- Pepperstone offers copy trading; HYCM does not.
- Pepperstone offers cTrader, TradingView, which HYCM does not.
Comparison table
| Comparison table |
HYCM
Broker
|
Pepperstone
Broker
|
|---|---|---|
| Licences | FCA, DFSA | FCA, ASIC, DFSA, BaFin, CySEC, CMA, CMA (KE), SCB Best |
| Minimum deposit | $20 | $0 Best |
| Maximum leverage | 1:500 | 1:400 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, HYCM Trader | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | ✓ Yes |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | — | ✓ Yes |
| Founded | — | 2010 |
| Headquarters | — | Melbourne, Australia |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Pepperstone if you
- want more licences from strong regulators
- want to start with less money
- want to copy other traders
- use cTrader, TradingView
Frequently asked questions
Which is better, HYCM or Pepperstone?
We compared HYCM and Pepperstone on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Pepperstone holds 4 licences from strong regulators, against 2 for HYCM. The minimum deposit at Pepperstone is $0, against $20 at HYCM. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are HYCM and Pepperstone regulated?
HYCM licences: FCA, DFSA. Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin.
What is the minimum deposit at HYCM and Pepperstone?
HYCM: $20. Pepperstone: $0.
Do HYCM and Pepperstone offer an Islamic account?
HYCM: Yes. Pepperstone: Yes.