By the Economies.com editorial desk · Platforms and tools, Hong Kong · Last verified 22 October 2026 against pepperstone.com (the site Hong Kong visitors reach), Pepperstone Markets Limited’s legal documents, the SFC public register and competitors’ own sites. Average spreads are Pepperstone’s published data for 1–31 August 2026.
The short answer
Among the brokers Hong Kong traders ask about, Pepperstone and IC Markets offer cTrader; IG, Capital.com, Exness, ATFX, XM and Mitrade do not. Pepperstone pairs it with MT4, MT5, TradingView and its own app on one account, charges USD 6 per lot round turn on FX through cTrader, and supports cBots, Expert Advisors and a sponsored VPS for qualifying clients. It offers no AI trading product — the only AI reference on its site is a phrase about “AI-enhanced execution” with no detail — and we say so rather than pretend otherwise.
cTrader is the platform for traders who want to see the order book and automate in C#, and it is less common than MetaTrader. Of the brokers that present themselves to Hong Kong visitors, two list it:
| Broker (entity serving HK) | cTrader | MT4 | MT5 | TradingView | Own platform |
|---|---|---|---|---|---|
| Pepperstone (Bahamas) | Yes | Yes | Yes | Yes (Razor) | Yes |
| IC Markets (Seychelles) | Yes | Yes | Yes | Yes | No |
| IG International (Bermuda) | No | Yes | Not listed | Yes | Yes |
| Capital.com (Bahamas) | No | Yes | Yes | Yes | Yes |
| Mitrade (Cayman) | No | No | No | No | Yes |
Pepperstone’s cTrader carries FX at USD 6 round turn and gold at USD 7 on Razor, index and commodity CFDs with no commission, and the HK50 and HSTECH. Its smart stop-out closes positions in stages at 50% of required margin for retail clients of the Bahamas entity.
Pepperstone, IC Markets, IG International and Capital.com list TradingView trading on the sites Hong Kong visitors reach. At Pepperstone the integration is Razor-only, commission is USD 7 per lot round turn on FX and gold, and Pepperstone says TradingView signup is free with Essential, Plus or Premium subscriptions offered to eligible clients. The instruments carry TradingView-style symbols; perpetual CFDs appear with a .P suffix.
For breadth on MT5, Pepperstone: 90-plus FX pairs, 20-plus indices including HK50, HSTECH, CN50 and CHINAH, 40 commodities, 600-plus US and 46 Hong Kong share CFDs, 95 ETFs, nearly 30 cryptos and six perpetual CFDs, at USD 3.50 per side on Razor. IC Markets, Capital.com, Exness, ATFX and XM also offer MT5; none publishes a dated average spread for Hong Kong traders except Pepperstone.
Pepperstone’s MT4 is Razor-only, with the same 0.1-pip EUR/USD August 2026 average and USD 7 commission per lot charged on opening. IC Markets’ MT4 Raw is USD 3.50 per side with an undated 0.01 or 0.1 average. On MT4 the two are effectively tied; MT5 at Pepperstone is the cheaper MetaTrader because commission is split per side and share CFDs are available.
Every broker offering MT5 allows Expert Advisors; it is built into the platform. Pepperstone’s algorithmic trading page lists EAs on MT4 and MT5, cBots on cTrader, 28 Smart Trader Tools for MetaTrader and “1350+ CFD instruments” to run them on. Hedging is allowed, scalping is not restricted, and there is no published minimum holding time. The Pepperstone app does not run automation.
Pepperstone sponsors a VPS for professional clients only: Core, Plus and Pro plans at USD 1 million, 1.5 million and 2 million of notional traded in the preceding 60 days (roughly 10, 15 and 20 FX lots), with 22 data centres and latency it describes as “as low as 1ms”. Retail clients can rent a VPS from any provider. IC Markets advertises a collocated VPS option with sub-millisecond latency; we did not verify its qualifying terms.
Pepperstone’s VPS page says its “API technology lets you access our liquidity feed in the comfort of your own platform”, but we could not find a published FIX or REST specification on its site, so we cannot describe what the API supports or who qualifies. cTrader’s Open API and MetaTrader’s own interfaces are the documented routes at Pepperstone and IC Markets. If institutional-style connectivity is the requirement, ask Pepperstone directly before opening an account.
Run cTrader, MT5 and TradingView side by side on Pepperstone demos
Open a demo per platform, attach your EA or cBot, and watch the HK50 and EUR/USD through a full Hong Kong day on live pricing before you fund anything.
Open a free Pepperstone demoCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. Pepperstone Markets Limited is licensed by the Securities Commission of The Bahamas (SIA-F217). It is not licensed by the Hong Kong SFC.
There is no licensed broker serving Hong Kong that sells an AI platform that trades for you, and you should distrust any that claims to. What Pepperstone offers is infrastructure to run your own strategy — AI-driven or not — on MT4, MT5 or cTrader, plus a VPS for professional clients. The only AI language on its global site is a line about “AI-enhanced execution” on its algorithmic trading page with no explanation, and “summarise this page” links to ChatGPT and other assistants on its articles. Its Risk Disclosure Notice classes automated tools as high-risk.
Among those serving Hong Kong: Capital.com describes built-in AI search and assistance on its site; Pepperstone describes “AI-powered categories” in its app on some regional sites and the execution phrase above; the rest offer MetaTrader, where the AI is whatever EA you install. A bot sold with a promised return is the warning sign, not the feature. The SFC’s Alert List exists for platforms that target Hong Kong investors without a licence, and promised AI returns are a common pitch among them.
Open a Pepperstone account and automate on cTrader or MT5
cBots, Expert Advisors, TradingView alerts and a sponsored VPS for qualifying professionals, on raw spreads with dated averages. Pepperstone is not SFC-licensed; see the notice below.
Open a Pepperstone accountCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. Pepperstone Markets Limited is licensed by the Securities Commission of The Bahamas (SIA-F217). It is not licensed by the Hong Kong SFC.
Important information. This article is general information and editorial opinion published by Economies.com on 22 October 2026. It is not investment advice and does not take account of your circumstances. Economies.com is not licensed by the Hong Kong Securities and Futures Commission. Pepperstone does not hold an SFC licence: Hong Kong residents who open an account contract with Pepperstone Markets Limited (Company 177174 B), licensed by the Securities Commission of The Bahamas (SIA-F217), under Bahamian law and without access to Hong Kong’s Investor Compensation Fund or the SFC’s complaints process. Pepperstone states that its products are not intended for distribution where that would be contrary to local law and that it is your responsibility to check the rules in your jurisdiction. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage; 80% of retail investor accounts lose money when trading CFDs with this provider. Figures were taken from pepperstone.com, Pepperstone Markets Limited’s Terms and Conditions (December 2025), Risk Disclosure Notice and tiered margin table (September 2026), and the SFC public register on 22 October 2026; average spreads are Pepperstone’s published data for 1–31 August 2026; competitor figures are from those brokers’ own sites on the same date. All change; check before you trade.
Pepperstone, IC Markets, IG International and Capital.com list TradingView trading on the sites Hong Kong visitors reach. At Pepperstone the integration is Razor-only, commission is USD 7 per lot round turn on FX and gold, and Pepperstone says TradingView signup is free with Essential, Plus or Premium subscriptions offered to eligible clients. The instruments carry TradingView-style symbols; perpetual CFDs appear with a .P suffix.
For breadth on MT5, Pepperstone: 90-plus FX pairs, 20-plus indices including HK50, HSTECH, CN50 and CHINAH, 40 commodities, 600-plus US and 46 Hong Kong share CFDs, 95 ETFs, nearly 30 cryptos and six perpetual CFDs, at USD 3.50 per side on Razor. IC Markets, Capital.com, Exness, ATFX and XM also offer MT5; none publishes a dated average spread for Hong Kong traders except Pepperstone.
Pepperstone’s MT4 is Razor-only, with the same 0.1-pip EUR/USD August 2026 average and USD 7 commission per lot charged on opening. IC Markets’ MT4 Raw is USD 3.50 per side with an undated 0.01 or 0.1 average. On MT4 the two are effectively tied; MT5 at Pepperstone is the cheaper MetaTrader because commission is split per side and share CFDs are available.
Every broker offering MT5 allows Expert Advisors; it is built into the platform. Pepperstone’s algorithmic trading page lists EAs on MT4 and MT5, cBots on cTrader, 28 Smart Trader Tools for MetaTrader and “1350+ CFD instruments” to run them on. Hedging is allowed, scalping is not restricted, and there is no published minimum holding time. The Pepperstone app does not run automation.
Pepperstone sponsors a VPS for professional clients only: Core, Plus and Pro plans at USD 1 million, 1.5 million and 2 million of notional traded in the preceding 60 days (roughly 10, 15 and 20 FX lots), with 22 data centres and latency it describes as “as low as 1ms”. Retail clients can rent a VPS from any provider. IC Markets advertises a collocated VPS option with sub-millisecond latency; we did not verify its qualifying terms.
There is no licensed broker serving Hong Kong that sells an AI platform that trades for you, and you should distrust any that claims to. What Pepperstone offers is infrastructure to run your own strategy — AI-driven or not — on MT4, MT5 or cTrader, plus a VPS for professional clients. The only AI language on its global site is a line about “AI-enhanced execution” on its algorithmic trading page with no explanation, and “summarise this page” links to ChatGPT and other assistants on its articles. Its Risk Disclosure Notice classes automated tools as high-risk.
Pepperstone and IC Markets, on the entities they present to Hong Kong visitors (Bahamas and Seychelles respectively). IG, Capital.com, Exness, ATFX, XM and Mitrade do not list cTrader.
Yes, on a Razor account, at USD 7 per lot round turn on FX and gold. TradingView signup is free; Pepperstone offers subscription upgrades to eligible clients. IC Markets, IG and Capital.com also support TradingView trading.
To professional clients only, with Core, Plus and Pro plans at USD 1 million, 1.5 million and 2 million of 60-day notional. Retail clients use a third-party VPS.
Pepperstone refers to API access to its liquidity feed but publishes no FIX or REST specification; cTrader’s Open API and MetaTrader’s interfaces are the documented routes at Pepperstone and IC Markets. Ask the broker directly for institutional connectivity.
No broker serving Hong Kong sells an AI bot that trades for you. Capital.com offers built-in AI search and assistance; Pepperstone offers automation on MT4, MT5 and cTrader and mentions AI-enhanced execution without detail.
Pepperstone, for the breadth on MT5 — HK50, HSTECH, CN50, 46 Hong Kong shares, 600-plus US shares, crypto and perpetuals — at USD 3.50 per side on Razor with dated average spreads. Pepperstone holds no SFC licence.