Are you confused about whether to choose Pepperstone vs Hargreaves Lansdown as a broker for your investing needs?
In this side-by-side comparison, we analyse Pepperstone vs Hargreaves Lansdown to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
Pepperstone vs Hargreaves Lansdown: In a Nutshell
CFDs trading for European Investors
Established in 2010, Pepperstone is known for its fast execution speeds and competitive pricing, making it a popular choice among active traders.
With a strong focus on technology and innovation, Pepperstone offers a range of trading platforms, including MetaTrader 4 and cTrader, providing traders with powerful tools to execute trades effectively.
The company also offers a wide range of trading instruments, including major and minor currency pairs, commodities, indices, and cryptocurrencies (CFDs).
Reliability and security (UK investors only)
Hargreaves Lansdown is one of the biggest UK platforms for individual investors. It serves more than 1.5 million clients with over £120 billion AUMs.
You will find the most relevant financial instruments (Stocks, ETF, funds,…). It’s a bit pricey, but it makes up for it by being one of the most reliable brokers.
It is well-established, secure and regulated by the FCA. The customer service is market-leading, and their educational resources are superb.
Pros and Cons
Pepperstone
Pros
- Easy account opening
- Low FX spreads
- No withdrawal or inactivity fees
- Good customer support
- Under top-tier regulation
Cons
- No offer of real stocks and ETFs, options and bonds
- Does not accept US clients
- Limited in educational content
Hargreaves Lansdown
Pros
- Excellent research and educational tools
- Great customer service
- No inactivity fee
- No withdrawal fee
- No minimum deposit
- High reliability and security
- Listed in the FTSE 100 index
- Has ISA, SIPP, and other products and services catered to british investors
Cons
- High trading commissions (UK and overseas shares, investment trusts, ETFs, gilts and bonds)
- Annual account charges for funds (up to 0.45%)
- No demo account
- Only one base currency: GBP
- High currency conversion fee (up to 1%)
Pepperstone vs Hargreaves Lansdown: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
