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


Visit 74-89% of retail CFD accounts lose money.	Visit Your capital is at risk.
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.	Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.
Best For
Professional traders that day-trade or scalp Algorithmic traders using their own custom built robots Experienced traders	Novices who want to enter the world of investing Intermediate and advanced options traders Professional day traders and portfolio managers
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 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
BaFin (Germany) FCA (UK) ASIC (Australia) DFSA (United Arab Emirates) CySec (Cyprus) SCB (Bahamas) CMA (Kenya)	HKMA (Hong Kong) FINRA (United States)
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	Trade any asset class from just $5 Easy-to-use investing app Fully extended trading hours
The Bad
Avaliable asset offering is not that comprehensive No ability to purchase real stocks or cryptocurrencies, only CFDs	No international clients at the moment No joint accounts
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	2017
💳 Minimum Deposit Range
$200	0
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal Neteller Skrill POLi Bpay Unionpay Mpesa	Visa Mastercard Bank Transfer Neteller 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.	European Union, UK, CA, JP, IN, IR, MY, ZA, AU.
📊 STP Account
Yes	No
📊 DMA Account
No	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Equities
Total Asset Offering
1,536	12,420
Exchange Access
0	5
📙 Real Stocks
0	10,000
📙 Stock CFDs
1,300	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
60	0
📗 Commodities
0	0
📗 Commodities CFDs
31	0
📕 Indices
0	0
📕 Indices CFDs
25	0
📔 ETFs
0	2,400
📔 ETFs CFDs
100	0
💸 Cryptocurrencies
0	20
💸 Cryptocurrency CFDs
20	0
📒 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	$5 trade value
📉 Minimum ETFs Trade Size
1 ETF	$5 trade value
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC)	Varies per cryptocurrency
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	Unavailable
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.1 Troy ounces of Gold)	Unavailable
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
400	4
💪 Professional Leverage
500	Unavailable
✍ Customisable Leverage
No	No
🎲 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	No
💻 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	Yes
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
For Standard account : All fees included in the spread For Razor account: From $7 per Lot round turn	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.77 Pips	Unavailable
📉 SP500
Dynamic - From 0.4 to 1.5 Pips	Unavailable
📈 GOLD
Dynamic - Average 13.81 Pips	Unavailable
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market spread
📉 BTC
Dynamic - From $30	Unavailable
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	No
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
Yes	No
📡 Account Management
No	No
📡 Webinars
Yes	No