Pepperstone
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74-89% of retail CFD accounts lose money.

Vs.

eToro
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74% of retail CFD accounts lose money.

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

Updated Mar 26 2025

Visit

74-89% of retail CFD accounts lose money.

Visit

74% 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.

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

Best For
  • Professional traders that day-trade or scalp
  • Algorithmic traders using their own custom built robots
  • Experienced traders
  • New traders looking to use the copy trading feature
  • Experienced traders looking to monetise their skills by gaining followers
  • Passive investors looking to buy and hold shares with no commissions
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

2

Other Licenses

2

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)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
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
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
The Bad
  • Avaliable asset offering is not that comprehensive
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
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 2007
💳 Minimum Deposit Range
$200 From $50 to $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • POLi
  • Bpay
  • Unionpay
  • Mpesa
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY, NZD. 1 - USD.
🗽 Available to U.S Citizens
No Yes
❌ 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.

AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM.

📊 STP Account
Yes Yes
📊 DMA Account
No Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
1,536 4,245
Exchange Access
0 0
📙 Real Stocks
0 2,000
📙 Stock CFDs
1,300 2,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
60 47
📗 Commodities
0 0
📗 Commodities CFDs
31 14
📕 Indices
0 0
📕 Indices CFDs
25 13
📔 ETFs
0 0
📔 ETFs CFDs
100 145
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
20 26
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share $10
📉 Minimum ETFs Trade Size
1 ETF $10
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) $10
📉 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 Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
400 30
💪 Professional Leverage
500 Unavailable
✍ 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 No
📺 cTrader
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
Yes Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
None

After 12 months of inactivity, a $10 monthly inactivity fee will be charged.

💰 Deposit Fees
None

Conversion fees apply.

💰 Withdrawal Fees
None

$5 flat fee.

💰 Commissions
  • For Standard account : All fees included in the spread
  • For Razor account: From $7 per Lot round turn

No commissions on real stocks and ETFs

Spreads
📈 EUR/USD
Dynamic - From 0 to 0.77 Pips Dynamic - From 1 Pip
📉 SP500
Dynamic - From 0.4 to 1.5 Pips Dynamic - From 75 Pips
📈 GOLD
Dynamic - Average 13.81 Pips Dynamic - From 45 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From 0.09%
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From 0.09%
📉 BTC
Dynamic - From $30 Fixed - 1%
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes Yes
📡 Account Management
No No
📡 Webinars
Yes No