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Pepperstone vs HYCM (Henyep) 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is Pepperstone better than HYCM (Henyep)? In our analysis of 23 international regulators across 62 of the best forex brokers, Pepperstone is considered low-risk, with an overall Trust Score of 93 out of 99. HYCM is considered average-risk, with an overall Trust Score of 86 out of 99. Learn more about Trust Score.

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Overall RatingPepperstoneHYCM (Henyep)
Overall Rating 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score 93 86
Winner check_circle
Review Pepperstone Review HYCM (Henyep) Review
RegulationPepperstoneHYCM (Henyep)
Trust Score 93 86
Year Founded 2010 1977
Publicly Traded (Listed) No No
Bank No No
Authorised in European Union Yes info Yes info
Tier-1 Licenses 2 2
Tier-2 Licenses 2 2
Tier-3 Licenses 1 1
Tier-1 Licenses (High Trust)PepperstoneHYCM (Henyep)
ASIC Authorised (Australia) Yes No
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No Yes
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes Yes
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust)PepperstoneHYCM (Henyep)
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) Yes Yes
SEBI Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) No No
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) Yes Yes
Tier-3 Licenses (Low Trust)PepperstoneHYCM (Henyep)
SCB Authorised (Bahamas) Yes No
FSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No Yes
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No No
InvestmentsPepperstoneHYCM (Henyep)
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 2342 362
Forex Pairs (Total) 62 70
U.S. Stock Trading (Non CFD) No No
Int'l Stock Trading (Non CFD) No Yes
Social Trading / Copy Trading Yes No
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
CostPepperstoneHYCM (Henyep)
Average Spread EUR/USD - Standard 0.77 info 0.6 info
All-in Cost EUR/USD - Active 0.87 info 0.6 info
Active Trader or VIP Discounts Yes Yes
Execution: Agency Broker Yes Yes
Execution: Market Maker Yes Yes
FundingPepperstoneHYCM (Henyep)
Minimum Deposit $200 $100
PayPal (Deposit/Withdraw) Yes No
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsPepperstoneHYCM (Henyep)
Proprietary Platform No Yes
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
Social Trading / Copy Trading Yes No
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes Yes
cTrader Yes No
DupliTrade Yes No
ZuluTrade No No
Trading Platforms Gallery (click to expand)
zoom_in Pepperstone cTrader desktop trading platform chartszoom_in zoom_in Pepperstone cTrader desktop trading platform order Autochartistzoom_in Pepperstone cTrader desktop expanded trade ticket window.zoom_in Pepperstone MT5 desktop trading platformzoom_in Pepperstone MT5 desktop trading platform chartszoom_in Pepperstone MT5 desktop trading platform watchlistzoom_in zoom_in zoom_in
HYCM MT5 desktop trading platformzoom_in HYCM MT5 desktop trading platformzoom_in
Trading ToolsPepperstoneHYCM (Henyep)
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 7 7
Charting - Indicators / Studies (Total) 15 30
Charting - Drawing Tools (Total) 30 15
Charting - Trade From Chart Yes Yes
Charts can be saved Yes Yes
Mobile TradingPepperstoneHYCM (Henyep)
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing Yes No
Mobile Charting - Indicators / Studies 30 30
Mobile Charting - Draw Trendlines Yes Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave Yes Yes
Forex Calendar Yes Yes
Mobile Trading Gallery (click to expand)
Pepperstone cTrader mobile watchlistzoom_in Pepperstone cTrader mobile app.zoom_in Pepperstone cTrader mobile chartingzoom_in Pepperstone cTrader mobile order entryzoom_in Pepperstone MetaTrader 5 mobilezoom_in Pepperstone MetaTrader 5 MT5 mobile app watchlist.zoom_in Pepperstone MetaTrader 4 mobile chartingzoom_in
HYCM MT5 mobile trading app watchlistzoom_in HYCM MT5 mobile trading chartszoom_in HYCM MT5 mobile trading appzoom_in HYCM MT5 mobile trading contract specificationszoom_in HYCM MT5 mobile trading app economic calendarzoom_in HYCM MT5 mobile trading app news headlineszoom_in HYCM MT5 mobile trading app news headlineszoom_in
ResearchPepperstoneHYCM (Henyep)
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Autochartist Yes No
Trading Central (Recognia) No Yes
Social Sentiment - Currency Pairs Yes No
Economic Calendar Yes Yes
Research Gallery (click to expand)
Pepperstone research daily market analysis articles.zoom_in zoom_in Pepperstone research videos YouTube market analysiszoom_in Pepperstone Talks YouTube playlist videos research webinars.zoom_in Pepperstone research videos YouTube channel archived webinars playlistzoom_in Pepperstone Podcast on Spotifyzoom_in
HYCM Research MT5 news headlineszoom_in HYCM client portal Analyst Views market analysiszoom_in
EducationPepperstoneHYCM (Henyep)
Has Education - Forex or CFDs Yes No
Client Webinars Yes Yes
Client Webinars (Archived) Yes Yes
Videos - Beginner Trading Videos Yes Yes
Videos - Advanced Trading Videos Yes No
Investor Dictionary (Glossary) Yes Yes
Education Gallery (click to expand)
Pepperstone educational articles by experiencezoom_in Pepperstone archived webinars educational videos YouTubezoom_in Pepperstone research videos YouTube channel playlistszoom_in zoom_in
HYCM YouTube channel videos.zoom_in HYCM upcoming webinars registration pagezoom_in HYCM YouTube channelzoom_in HYCM YouTube channel market research video playlistzoom_in HYCM YouTube video playlistzoom_in HYCM YouTube video webinarszoom_in HYCM YouTube video webinarszoom_in HYCM Research YouTube video playlist CNBC Arabia.zoom_in HYCM Research YouTube video playlist detail.zoom_in
Major Forex PairsPepperstoneHYCM (Henyep)
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
Review Pepperstone Review HYCM (Henyep) Review
OverallPepperstoneHYCM (Henyep)
Overall Rating 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score 93 86
Winner check_circle
Review Pepperstone Review HYCM (Henyep) Review
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Pepperstone vs HYCM (Henyep) Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Pepperstone vs HYCM (Henyep).

Does Pepperstone or HYCM (Henyep) offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Pepperstone offers better pricing overall for traders.

Is Pepperstone or HYCM (Henyep) safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both Pepperstone and HYCM (Henyep) hold 2 global Tier-1 licenses. Both Pepperstone and HYCM (Henyep) hold 2 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Pepperstone earned a higher Trust Score than HYCM (Henyep).

Which trading platform is better: Pepperstone or HYCM (Henyep)?

To compare the trading platforms of both Pepperstone and HYCM (Henyep), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Pepperstone offers a better experience. With research, Pepperstone offers superior market research. Finally, we found Pepperstone to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Pepperstone and HYCM (Henyep) offer MetaTrader 4 (MT4).Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

HYCM (Henyep) provides traders 70 currency pairs (e.g., EUR/USD) compared to Pepperstone's 62 available pairs. Forex pairs aside, Pepperstone offers traders access to 2342 CFDs while HYCM (Henyep) has 362 available CFDs, a difference of 1980.

Can I trust Pepperstone?

Pepperstone is not publicly traded and does not operate a bank. Pepperstone is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulators (low trust). Pepperstone is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA). Pepperstone is authorised by the following tier-2 regulators: Dubai Financial Services Authority (DFSA) and the Cyprus Securities and Exchange Commission (CySEC).

Can I trust HYCM (Henyep)?

HYCM is not publicly traded and does operate a bank. HYCM is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). HYCM is authorised by the following tier-1 regulators: Securities Futures Commission (SFC) and Financial Conduct Authority (FCA).

Is Pepperstone good?

Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.

Is HYCM (Henyep) good?

HYCM is a trusted brand that offers a straightforward MetaTrader platform experience. Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities (available through a separate platform). That said, HYCM offers a narrow range of symbols to forex and CFD traders.

Overall winner: Pepperstone

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announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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