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HYCM vs Pepperstone : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
HYCM
Pepperstone
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
ECN broker
Years of Existence / Established Year
1977
2010
Customer Base / Number of Accounts
No information
400,000 traders
Regulation & Security
Regulations (governing bodies)
FCA, DFSA, CySEC,CIMA
FCA, ASIC, DFSA, CySEC, CMA, BaFin, and SCB
Awards Won (count for the last 2 years)
Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023
2024 Forex Broker of the Year by BrokerWahl.de, TradingView Social Champion 2023
Security Measures
Tier-1 Client Fund Security
FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
300+ instruments
1200+ trading assets including shares, currencies indices
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
No
Yes
Stocks
Yes
No
Options
No
No
Futures
No
No
Bonds
No
No
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
Yes
Yes
cTrader
No
Yes
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
HYCM Trader, Web trader
Pepperstone proprietary platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Fixed, Classic and Raw account, Special account for VIP and corpoarte clients
Standard and Razor account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
Yes
Minimum Deposit
$20
$0
Leverage Available
1:20- 1:500
1:20 to 1:500
Trade Limit (maximum per trade)
250 for MT4 Unlimited for HYCM trader and MT5
100 lots trading size
Commission (per account type)
No commission for fixed and classic accounts, Commissions for raw account: FX $4 per round, Metals $5 per round, Others $0 per round
Razor account - $3, Standard account -$0
Best Suited For (e.g., beginners, experienced traders)
Beginners traders
Beginner to experienced traders
Deposit & Withdrawal Options
Deposit Methods
Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets
Credit/debit card, Bank transfer, e-wallets, Union pay, USDT
Withdrawal Methods
Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets
Credit/debit card, Bank transfer, e-wallets, Union pay, USDT
Other E-Wallets Supported
Neteller, Skrill, PayTrust, Fasapay, WebMoney, AstroPay, ZOTAPAY, and UPI
Neteller,skrill, PayPal
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Forex Fundamentals, Trading Tools and Resources, Advanced Trading Concepts, Ethics and Compliance, Technology In Trading, Forex Market History
Trading Education Online Courses, Market Analysis and Insights, Webinars, Trading Guides and eBooks, Video Tutorials, The Daily Fix Market News and Analysis, Pepperstone Blog Trading Insights
Fees & Commissions
Trading-Related Fees
Spread- 0.1 to 1.5 pips, Raw account - FX- $4 per round, Metals - $5 per round
Spread-1.2 pips
Spread (typical, fixed, variable)
Variable /Fixed
Variable
Per Lot Fees
$4 per round
Razor account: $3.50 per lot, Raw account: $7 per lot, cTrader:$6 round trip per unit, TradingView: $7 roundtrip per unit
Options Contract Fees
NA
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
1 pip on FX pairs
Guaranteed Stop Loss Fees
NA
Charges apply
Maximum Leverage
1:500
1:500
Non-Trading Fees
Dormant Fees
$10 inactive for 90 days
$0
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
Yes
Yes
Statement or Document Fee
NA
NA
Account Opening Fee
NA
NA
Account Maintenance Fee
$50
NA
Deposit Fee
$0
$0
Currency Conversion Fee
$10
Razor Account- $29.36, Standard Account - $48.12, Swap-free Account $58.78
Withdrawal Fee
e-wallets- 1%, Bank wires- $30, Others-$0
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
No
Trading Hours
Trading Hours (for each asset class if applicable)
23: 01GMT on Sunday night and 21: 00 GMT on Friday night
VIX 00:01 - 23:59 (Opens Monday 01:00; Friday close 23:55), NAS100 01:00 - 23:15, 23:30 - 23:59 (Closes Friday 23:55), HK Share CFDs 4:30-7:00, 8:00-11:00, US Share CFDs 16:31 - 22:55
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5 For complaints 9:00 - 18.00 (GMT +3)
24/7
Customer Support Methods (phone, email, live chat)
Phone: +44 - 208 - 816 - 7812, E-mail:[email protected], Live chat
Phone: +1786 628 1209, Email: [email protected], Live chat
Support Languages
15+
8+
Additional Information
Headquarters Location
27-28 Clement's Lane, St Clement's HouseLondon EC4N 7AEUnited Kingdom
Melbourne, Australia
Complaints (for crypto brokers)
No
No
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