How much does Pepperstone charge to trade HK50?
Key takeaways
- HK50: 5 points, no commission; sessions 9:15-12:00, 13:00-16:30, 17:15-03:00 HKT.
- Overnight: (2.5% ± reference rate) / 360 a night on the position value.
- HK$100,000 long at an assumed 4%: about HK$18 a night.
- Razor or Standard: same HK50 price; Razor only differs on FX and gold.
- No SFC licence, no guaranteed stops; negative balance protection applies.
Pepperstone Razor vs Standard account, which is better?
For HK50 and other indices, they cost the same: spread only. For FX and gold, Razor is about $3 per lot cheaper, because Standard adds a 1-pip markup ($10) where Razor charges $7 round turn. TradingView needs Razor.
| Standard | Razor | |
|---|---|---|
| HK50 | 5 points, no commission | 5 points, no commission |
| EUR/USD | From 1.0 pip | From 0.0 + $7 round turn |
| Gold | Spread only | From 0.08 + commission |
| TradingView | No | Yes |
| Base currencies | Incl. HKD | Incl. HKD |
Is Pepperstone safe to use in Hong Kong?
Pepperstone segregates retail money at tier-one banks and offers negative balance protection, and its group is licensed by the FCA, ASIC, CySEC, BaFin and DFSA among others. For a Hong Kong resident, the account sits with the Bahamas entity, without SFC protection; that is the honest trade-off.
Is Pepperstone a scam?
No. Pepperstone is a long-running broker with over 900,000 clients by its own count and licences from the FCA, ASIC, CySEC, BaFin, DFSA, the UAE CMA and the Bahamas SCB. Beware of fake sites and social accounts that copy its name; deposit only through its secure client area.
Is Pepperstone a good broker in Hong Kong?
For cost and platforms, yes: eccrypto.com ranks it first for Hong Kong residents. For a regulated Hong Kong relationship, it is not the choice, because it has no SFC licence.
What are the pros and cons of Pepperstone?
Pros: raw pricing, five platforms, HKD accounts, HK50 at 5 points, 24-hour US shares, perpetual CFDs, no inactivity fee. Cons: no SFC licence, no guaranteed stops, no FPS, and 80% of its offshore entity's retail accounts lose money.
Risk warning and disclosure
Hang Seng CFDs can gap on mainland and overnight US news; a Pepperstone stop is not guaranteed.
This page is general information, not personal advice. CFDs are leveraged; losses can mount quickly and most retail clients lose money. Pepperstone, Capital.com and XS serve Hong Kong residents from offshore entities without an SFC licence, so SFC rules and Hong Kong dispute channels do not cover those accounts. Spread figures are minimums or averages the providers publish and widen in fast markets.
Disclosure: eccrypto.com earns a commission when you open an account through some links. That does not change our cost arithmetic, explained in our methodology.
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We earn a commission on some links. It never changes the ranking — our method is published and the data is sourced.
Crypto is volatile and largely unregulated. CFDs are leveraged and most retail accounts lose money. Never risk money you cannot afford to lose.
Information only. This is not investment advice.