das Pony
pony
A horse of a small breed with a maximum height at the withers of 148 cm.
Die Kinder durften auf dem Reiterhof ein Pony striegeln.
The children were allowed to groom a pony at the riding stable.

pony / bangs
Loading your saved state.
pony
A horse of a small breed with a maximum height at the withers of 148 cm.
Die Kinder durften auf dem Reiterhof ein Pony striegeln.
The children were allowed to groom a pony at the riding stable.

The article shows the meaning. 'Das Pony' (neuter) is always the small horse. 'Der Pony' (masculine) always refers to the hairstyle.
Das Pony auf der Weide ist sehr zutraulich.
The pony in the pasture is very trusting.
When referring to the animal, typical collocations are 'auf einem Pony reiten' (to ride a pony) or the term 'der Ponyhof' (pony farm/riding stable) for a riding stable with small horses for children.
Im Urlaub sind die Kinder jeden Tag auf einem Pony geritten.
On vacation, the children rode a pony every day.
In the context of a hairstyle, typical phrases are 'einen Pony tragen' (to wear bangs), 'sich einen Pony schneiden lassen' (to have bangs cut), or 'der Pony ist zu lang' (the bangs are too long).
Ich überlege, ob ich mir einen Pony schneiden lassen soll.
I'm thinking about whether I should have bangs cut.
horse
'das Pferd' and 'das Pony' are closely related because a pony is a small breed of horse. 'Pferd' is the general term for the animal. 'Pony' is used when the animal is small and belongs to a pony breed. The words can be confused because every pony is a horse, but not every horse is a pony. If the size or breed is important, 'Pony' is more precise. Otherwise, 'Pferd' is the more general expression.

Das Pony ist klein genug, damit das Kind sicher darauf sitzen kann.
The pony is small enough for the child to sit on it safely.
Anna möchte im Sommer ein Pferd reiten lernen.
Anna wants to learn to ride a horse in the summer.