Quick verdict
- Choose Hantec Markets if you trade forex on MT4 and value the backing of a long-established financial group.
- Choose Pepperstone if you need MT5, cTrader or TradingView, or want spread betting.
Side-by-side
| Hantec Markets | Pepperstone | |
|---|---|---|
| Our score | 4.9 / 5 | 4.8 / 5 |
| UK regulation | FCA, FRN 502635 | FCA, FRN 684312 |
| Raw-spread account | Pro ECN — from 0.1 pips + commission | Razor — from 0.0 pips + commission |
| Commission-free account | Standard (~0.9 pips EUR/USD) | Standard (~0.75 pips EUR/USD) |
| Minimum deposit | $100 | None |
| Platforms (UK) | MT4 | MT4, MT5, cTrader, TradingView, Pepperstone platform |
| Spread betting | Check with broker | Yes |
| Retail loss rate | XX% | 72.9% |
Costs
Both raw-spread accounts price EUR/USD close to zero and add a commission per lot, so the real comparison is the commission rate on the platform you use. Check each broker's current commission schedule and calculate the all-in cost per lot.
Platforms
Pepperstone's line-up is hard to beat. Hantec Markets offers MetaTrader 4 to UK clients — the platform most retail forex traders already know — without the complexity of choosing between five.
Who should choose which?
- MT4 scalper or EA user: both work; compare commissions
- cTrader, MT5 or TradingView user: Pepperstone
- Trader who wants a group with three decades of history behind it: Hantec Markets
Frequently asked questions
Do both offer raw spreads?
Yes. Hantec's Pro ECN and Pepperstone's Razor accounts both offer spreads from near zero plus commission.
Which has more platforms?
Pepperstone: MT4, MT5, cTrader, TradingView and its own platform. Hantec offers MT4 to UK clients.
CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading these products. You should consider whether you understand how they work and whether you can afford to take the high risk of losing your money.