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

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.

Oanda is an international Forex broker founded in 1996 with headquarters in the United States. Oanda specialises exclusively in currency trading solutions for all trader levels. Their greatest selling points are their strong regulatory framework and robust proprietary platforms.

• Professional traders that day-trade or scalp
• Algorithmic traders using their own custom built robots
• Experienced traders

• Forex traders of all levels (from beginner to advanced)

• BaFin (Germany)
• FCA (UK)
• ASIC (Australia)
• DFSA (United Arab Emirates)
• CySec (Cyprus)
• SCB (Bahamas)
• CMA (Kenya)

• CFTC (U.S)
• NFA (U.S)
• ASIC (Australia)
• FCA (UK)
• MAS (Singapore)
• IIROC (Canada)
• FFAJ (Japan)
• BVI (British Virgin Islands)

• Well regulated on several jurisdictions
• Low latency, fast execution under 30ms
• Competitive spreads and low commissions from 0.0 pips on their Razor account

• High trustworthiness, regulated by the best regulators in the world
• Fast, simple and professional trading platforms
• Competitive spreads in their currency pairs

• Avaliable asset offering is not that comprehensive
• No ability to purchase real stocks or cryptocurrencies, only CFDs

• Extremely limited offering of assets (104)
• No ability to purchase real stocks or cryptocurrencies, only CFDs

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

• 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.

• Visa
• Mastercard
• Bank Transfer
• Paypal
• Neteller
• Skrill
• POLi
• Bpay
• Unionpay
• Mpesa

• Visa
• Mastercard
• Bank Transfer
• Paypal

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, BW, BF, BI, KH, KY, CF, TD, CD, CG, CU, ER, ET, GH, IR, IQ, JM, KP, LY, MU, MN, MA, MM, NI, NG, PK, PS, PA, SN, SL, SO, SS, SD, SY, TT, TN, UG, VU, YE, ZW.

$10 after 1 year of inactivity.

Credit and Debit cards are free, when it comes to Bank transfer depends on the account's base currency (eg: the first withdrawal costs $, €, £ 20 and any subsequent ones 35). In the case of SGD, there are no fees.

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