Pepperstone Vs. AAATrade - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit 69.23% of retail CFD accounts lose money.
Overview
Pepperstone is an Australian broker founded in 2010 with the aim of providing a professional trading experience with low fees and tight spreads. Currently Pepperstone counts with 7 financial licenses and operates in almost every country around the world.	AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.
Best For
Professional traders that day-trade or scalp Algorithmic traders using their own custom built robots Experienced traders	Beginner traders looking for a simple web and mobile platform to get started Passive investors looking for real equity
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 3 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
BaFin (Germany) FCA (UK) ASIC (Australia) DFSA (United Arab Emirates) CySec (Cyprus) SCB (Bahamas) CMA (Kenya)	CySec (Cyprus)
The Good
Well regulated on several jurisdictions Low latency, fast execution under 30ms Competitive spreads and low commissions from 0.0 pips on their Razor account	Simple and friendly proprietary trading platform Intuitive overview of account analytics Wide variety of CFDs and real equities
The Bad
Avaliable asset offering is not that comprehensive No ability to purchase real stocks or cryptocurrencies, only CFDs	Above-average FX spreads High fees (depending on the deposit / withdrawal methods) High deposit requirements for advanced services ($25,000 , $100,000)
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2010	2013
💳 Minimum Deposit Range
$200	$500
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal Neteller Skrill POLi Bpay Unionpay Mpesa	Credit Card Debit Card Wire Transfer Skrill Neteller FasaPay UnionPay Giropay QIWI Cryptocurrencies
💵 Account Base Currencies
9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY, NZD.	3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, KM, TD, CD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VE, VG, EH, YE, ZW, RU.	US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN.
📊 STP Account
Yes	Yes
📊 DMA Account
No	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
1,536	2,162
Exchange Access
0	25
📙 Real Stocks
0	1,000
📙 Stock CFDs
1,300	1,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
60	80
📗 Commodities
0	0
📗 Commodities CFDs
31	4
📕 Indices
0	0
📕 Indices CFDs
25	12
📔 ETFs
0	0
📔 ETFs CFDs
100	5
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
20	50
📒 Bonds
0	0
📒 Bonds CFDs
0	4
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	7
Trading Experience
📈 Minimum Stock Trade Size
1 Share	1 share
📉 Minimum ETFs Trade Size
1 ETF	1 ETF
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC)	Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.1 Troy ounces of Gold)	$1,000 (0.01 lots)
📉 Minimum Bonds Trade Size
Unavailable	100 units
📈 Minimum Futures Trade Size
Unavailable	$1,000 (0.01 lots)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
400	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	Yes
📺 cTrader
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
None	€15 after 3 months of inactivity.
💰 Deposit Fees
None	From 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.
💰 Withdrawal Fees
None	Wire transfers have a €10 fee.
💰 Commissions
For Standard account : All fees included in the spread For Razor account: From $7 per Lot round turn	No commissions on novice accounts. Commission free trading for stock ETFs on Experienced accounts FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.77 Pips	Dynamic - From 2 Pips
📉 SP500
Dynamic - From 0.4 to 1.5 Pips	Dynamic - From 50 Pips
📈 GOLD
Dynamic - Average 13.81 Pips	Dynamic - From 95 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $0.21
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From $0.01
📉 BTC
Dynamic - From $30	Dynamic - From $511
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
Yes	No
📡 Account Management
No	Yes
📡 Webinars
Yes	No