Hargreaves Lansdownvs
PepperstoneStock Broker Comparison
Two brokers target different investing styles: HL leans toward long-term UK investing with a broad platform, while Pepperstone emphasizes global CFDs and active trading tools.
Who should choose Hargreaves Lansdown vs Pepperstone?
Find out which stock broker best suits your investing profile.
Choose if…
Choose Hargreaves Lansdown if you want ISA and SIPP wrappers with drawdown and dividend reinvestment.
Choose if…
Choose Pepperstone if you want 1,000+ stock CFDs and 24/5 live chat with advanced charting.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
Recommended
Hargreaves Lansdown vs Pepperstone: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.3/ 5 | 3.9/ 5 |
| Min deposit | $1 | No minimum▼ lower |
| Spreads from | N/A | 0 pips |
| Commission / lot | N/A | $7/lot |
Hargreaves Lansdown vs Pepperstone Stock Broker Pros & Cons
Pros
- UK's largest retail investment platform with over £150bn AUA
- Broadest UK investment universe including AIM shares inside ISA
- Stocks & Shares ISA and SIPP with full drawdown capability
- Proprietary research team covering UK equities and funds
- FTSE 100-listed, FCA-regulated with FSCS protection
- Proven platform reliability during market stress events
Cons
Hargreaves Lansdown vs Pepperstone: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
Hargreaves Lansdown
criteria wins
4
Pepperstone
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Hargreaves Lansdown | Pepperstone |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| No deposit fee | Pass | — |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Pass | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Fail | Pass |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Fail |
Hargreaves Lansdown vs Pepperstone: Frequently Asked Questions
The scores are close: Hargreaves Lansdown rates 4.3/5 and Pepperstone rates 3.9/5. Hargreaves Lansdown has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Pepperstone starts from 0. Current spread data is not available for Hargreaves Lansdown. Check both brokers' websites for up-to-date spread and commission pricing.
Pepperstone has no minimum deposit, while Hargreaves Lansdown requires at least $1. This makes Pepperstone more accessible for traders with limited starting capital.
Both Hargreaves Lansdown and Pepperstone hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
Pepperstone stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
Hargreaves Lansdown lists maximum leverage of 1:1, while Pepperstone lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Pepperstone charges $7 per trade on commission-based accounts. Commission details for Hargreaves Lansdown are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
Hargreaves Lansdown supports Proprietary Web/Mobile, while Pepperstone supports IRESS, cTrader, MetaTrader 5, TradingView, MetaTrader 4. Hargreaves Lansdown has exclusive access to Proprietary Web/Mobile. Pepperstone has exclusive access to IRESS and cTrader and MetaTrader 5 and TradingView and MetaTrader 4.
Neither Hargreaves Lansdown nor Pepperstone is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both Hargreaves Lansdown and Pepperstone are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
