AvaTrade vs Pepperstone Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of AvaTrade and Pepperstone
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Rating | 4.7/5 | 4.6/5 |
| Foundation Year | 2005 | 2010 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AvaTrade Review | Pepperstone Review |
AvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.
Pepperstone suits traders seeking a wide choice of platforms, tight spreads, and numerous trading instruments.
AvaTrade Review
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
AvaTrade is in the top 10 of the following ratings:
Pepperstone Review
Pepperstone is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.
The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.
The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.
Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.
Pros and Cons of Pepperstone
Pros
- Wide selection of trading platforms.
- Tight spreads and favourable trading conditions.
- Numerous regulatory licenses.
- A large number of trading assets.
Cons
- Lack of diversity in types of trading accounts.
Pepperstone is in the top 10 of the following ratings:
Reliability
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2005 | 2010 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Regulators | Central Bank of Ireland Central Bank of Ireland KNF KNF FCA FCA BVIFSC BVIFSC ASIC ASIC FSCA FSCA JFSA JFSA JFFA JFFA FSRA FSRA ISA ISA CIRO CIRO | ASIC ASIC SCB SCB CySEC CySEC DFSA DFSA BaFin BaFin CMA CMA FCA FCA |
AvaTrade
AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.
Pepperstone
Pepperstone is regulated in seven different jurisdictions, indicating a high level of reliability and regulation.
Account Opening
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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AvaTrade
The broker offers clients from different countries a straightforward, convenient, and quick account opening process.
Pepperstone
The account opening process is straightforward, convenient, and fast.
Account Types
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Account Types | 3.5/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
AvaTrade
AvaTrade has a decent trading account, but the absence of some critical options may not satisfy all trader needs.
Pros
- A free demo account is available.
- An Islamic account option is provided.
- The ability to copy trades.
Cons
- Lack of market execution of orders.
- No cent accounts.
- No fixed spread accounts.
Pepperstone
Pepperstone's account types meet the needs of most traders, though they lack variability.
Pros
- The ability to copy trades.
- Support for VPS hosting.
Cons
- Lack of cent accounts.
- No fixed spread accounts.
Commissions
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Commissions | 4.5/5 | 4/5 |
| Spread | from 0.6 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 1.15 |
| Commission per Lot | $3.5 |
AvaTrade
AvaTrade offers relatively low commissions with its competitive spreads and no charges for deposits/withdrawals.
Pros
- Low spreads.
- No deposit/withdrawal fees.
Cons
- Inactivity fee.
Pepperstone
Pepperstone does not charge an inactivity fee or withdrawal fees, which is an essential advantage for traders. As for trading commissions, the broker offers competitive conditions.
Deposit and Withdrawal
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Rating | 4.2/5 | 4.5/5 |
| Account Funding Methods |
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AvaTrade
AvaTrade provides flexible and accessible methods for depositing and withdrawing funds, though processing times can be extended.
Pros
- Multiple methods for deposit and withdrawal.
- No commission on deposits and withdrawals.
- AvaTrade covers up to $100 of the bank transfer fee.
Cons
- Long processing time for bank transfers.
Pepperstone
Account funding and withdrawal processes at Pepperstone are pretty convenient and fast.
Pros
- Multiple available deposit methods.
- No deposit fee.
- Swift transaction processing.
Cons
- Bank fees for withdrawals.
Markets and Products
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 97 |
| Precious Metals | 7 | 20 |
| Energy Carriers | 5 | 4 |
| Soft Commodities | 7 | 16 |
| Indices | 46 | 26 |
| Stocks | 614 | 986 |
| ETF | 61 | 108 |
| Bonds | 2 | - |
| Cryptocurrency | 20 | 30 |
AvaTrade
AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.
Pepperstone
The broker utilizes services from several tier-one liquidity providers to offer clients competitive quotes with low spreads and high liquidity across various instruments.
Trading Platforms
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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AvaTrade
AvaTrade provides various trading platforms: MetaTrader 4 and 5, WebTrader, and AvaTradeGO, giving traders flexibility in choosing the right tool for their trading strategies.
Pepperstone
Pepperstone offers a wide selection of high-quality and functional trading platforms, making it attractive to many investors.
Analytics
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
AvaTrade
The broker provides good market analysis tools.
Pros
- Collaboration with Trading Central.
- Economic calendar.
- Trader's calculator.
Pepperstone
Pepperstone has a well-developed analytical department, which includes daily market reviews, an economic calendar, the powerful automatic market analysis tool Autochartist, and convenient calculators for traders.
Education
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
AvaTrade
AvaTrade offers quality video tutorials and articles for traders of all levels.
Pros
- Quality materials.
- Educational resources available on the AvaTrade site.
Pepperstone
Pepperstone greatly emphasizes the educational component, offering a broad spectrum of instructional materials and resources.
Customer Support
| Broker | AvaTrade | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Twitter
Facebook
Instagram
LinkedIn
YouTubeAvaTrade
The broker's technical support offers various channels of communication and 24/7 availability.
Pepperstone
Pepperstone's support service provides clients with various communication channels, prompt responses, professionalism, and efficiency in problem-solving.
