Updated Jun 29 2022
Overview | |
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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. |
Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies. |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 3 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | |
Key Data | |
⌛ Account Opening Time | |
Up to 1 day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2010 | 2001 |
💳 Minimum Deposit | |
$200 | $100 |
💰 Payment Methods | |
💵 Account Base Currencies | |
9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY and NZD | 6 - GBP, USD, EUR, AUD, JPY, CHF. |
🗽 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. | None |
📊 STP Account | |
Yes | Yes |
📊 DMA Account | |
No | Yes |
📊 ECN Account | |
Yes | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
1,300 + | 4,500+ |
📘 Currency Pairs | |
60 | 93 |
📗 Commodities | |
31 | 35 |
📕 Indices | |
25 | 24 |
📔 ETFs | |
100 | 700+ |
💸 Cryptocurrencies | |
20 | 5 |
📒 Bonds | |
N/A | 14 |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
All Pepperstone assets are CFDs. | All of Forex.com’s assets are CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
Varies by Stock | Varies per share (eg: 0.3 AMZN shares) |
📉 Minimum ETFs Trade Size | |
Varies by ETF | Varies per ETF (eg: 5 contracts of XLK) |
📈 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) | Varies per commodity (eg: 1 contract of Gold) |
📉 Minimum Bonds Trade Size | |
N/A | Varies per Bond (eg: 1 contract of Euro Bobl) |
📈 Minimum Futures Trade Size | |
N/A | N/A |
📉 Minimum Options Trade Size | |
N/A | N/A |
💪 Retail Leverage | |
Up to 1:400 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:500 | Up to 1:500 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | Yes |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | Yes |
💻 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 | Yes | Fees |
💰 Inactivity Fee | |
No | Yes, $15 monthly after 1 year of inactivity. |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | No |
💰 Commissions | |
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Yes depending on account type.
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Spreads |
📈 EUR/USD | |
Dynamic - From 0 to 0.77 Pips | Dynamic - From 0.8 Pips |
📉 SP500 | |
Dynamic - From 0.4 to 1.5 Pips | From 60 Pips |
📈 GOLD | |
Dynamic - Average 13.81 Pips | From 50 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $30 | From $120 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
No | Yes |