FOREX.com 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 FOREX.com and Pepperstone
| Broker | FOREX.com | Pepperstone |
|---|---|---|
| Rating | 4.1/5 | 4.6/5 |
| Foundation Year | 2000 | 2010 |
| Regulated in Countries | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:50 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FOREX.com Review | Pepperstone Review |
FOREX.com is suitable for traders of all levels due to its reliability, wide range of assets, and excellent customer service.
Pepperstone suits traders seeking a wide choice of platforms, tight spreads, and numerous trading instruments.
FOREX.com Review
FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.
Pros and Cons of FOREX.com
Pros
- Broker with many years of history and a global reputation.
- A variety of deposit methods.
- A wide variety of available markets and products.
- Advanced analytical tools and daily updates from the company's professionals.
- Comprehensive educational materials for all levels of traders.
Cons
- Lack of specialized accounts.
- High transaction fee on DMA Account.
FOREX.com 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 | FOREX.com | Pepperstone |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2000 | 2010 |
| Regulated in Countries | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Regulators | CIMA CIMA FCA FCA CIRO CIRO CySEC CySEC NFA NFA CFTC CFTC SFC SFC JFSA JFSA MAS MAS ASIC ASIC | ASIC ASIC SCB SCB CySEC CySEC DFSA DFSA BaFin BaFin CMA CMA FCA FCA |
FOREX.com
The company is strictly regulated, has a long-standing market presence, and is open to investors.
Pros
- Broad global regulation.
- Long-term market presence.
- Parent company traded on NASDAQ.
Pepperstone
Pepperstone is regulated in seven different jurisdictions, indicating a high level of reliability and regulation.
Account Opening
| Broker | FOREX.com | Pepperstone |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
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FOREX.com
The account opening process at FOREX.com is quite standard but potentially prolonged due to required verification.
Pros
- Transparent registration process.
- Strict verification for security.
Cons
- Verification may take time.
- A lot of information is required.
Pepperstone
The account opening process is straightforward, convenient, and fast.
Account Types
| Broker | FOREX.com | Pepperstone |
|---|---|---|
| Account Types | 3.5/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:50 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FOREX.com
FOREX.com offers standard account types that satisfy most traders, but some essential accounts are missing.
Pros
- Direct Market Access account available.
- Demo account for strategy testing.
- The ability to trade on behalf of a company.
Cons
- No cent accounts.
- No Islamic accounts.
- No options for passive investing.
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 | FOREX.com | Pepperstone |
|---|---|---|
| Commissions | 2.2/5 | 4/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 1.3 | 1.15 |
| Commission per Lot | $6.48 | $3.5 |
FOREX.com
FOREX.com's commissions are above average. Conditions can be improved for traders with high volumes.
Pros
- Potential reduction in commissions with increased trading volume.
- Rebate program for major American traders.
- No fees for deposits and withdrawals.
Cons
- High transaction commission on DMA accounts.
- Inactivity fee.
- High swaps.
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 | FOREX.com | Pepperstone |
|---|---|---|
| Rating | 4.3/5 | 4.5/5 |
| Account Funding Methods |
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FOREX.com
FOREX.com provides diverse and convenient methods for depositing and withdrawing funds with low costs and reasonable processing times.
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 | FOREX.com | Pepperstone |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 91 | 97 |
| Precious Metals | 16 | 20 |
| Energy Carriers | 14 | 4 |
| Soft Commodities | 22 | 16 |
| Indices | 54 | 26 |
| Stocks | 5500 | 986 |
| ETF | 318 | 108 |
| Bonds | 14 | - |
| Cryptocurrency | 12 | 30 |
FOREX.com
Although its leverage is relatively low, FOREX.com offers an extensive selection of markets and products.
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 | FOREX.com | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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FOREX.com
FOREX.com provides a wide choice of trading platforms, including MT4, its proprietary platform, NinjaTrader, and TradingView, supporting all formats - online, desktop, and mobile applications.
Pepperstone
Pepperstone offers a wide selection of high-quality and functional trading platforms, making it attractive to many investors.
Analytics
| Broker | FOREX.com | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
FOREX.com
Analytics at FOREX.com is a powerful tool for traders, providing extensive information and in-depth market analysis.
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 | FOREX.com | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
FOREX.com
FOREX.com offers a rich educational program suitable for all levels of traders, enhancing the user experience.
Pepperstone
Pepperstone greatly emphasizes the educational component, offering a broad spectrum of instructional materials and resources.
Customer Support
| Broker | FOREX.com | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
YouTube
Instagram
LinkedInFOREX.com
FOREX.com provides excellent technical support with fast and professional service, available 24/7.
Pepperstone
Pepperstone's support service provides clients with various communication channels, prompt responses, professionalism, and efficiency in problem-solving.
