To find the top fx brokers
, the team here at ForexBrokers.com collected over 6,000 data points during a seven month review of the forex industry. In this fx broker comparison, we will compare Admiral Markets vs Pepperstone.
To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Pepperstone received a rating of 4.00 stars over Admiral Markets's 3.50 stars.
Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Admiral Markets and Pepperstone both are regulated in a major hub. Admiral Markets nor Pepperstone are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. Pepperstone boasts an offering of 59 different currency pairs compared to Admiral Markets's 55 available pairs.
To round out our comparison of Admiral Markets vs Pepperstone, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Admiral Markets alongside Pepperstone offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. Both Admiral Markets and Pepperstone provide clients with access to 31 total charting tools. Admiral Markets and Pepperstone offer the same number of indicators (eg, volume), 51.
Overall, both Admiral Markets and Pepperstone share a rating of 4.00 stars. And, when it comes to individual category awards, Pepperstone posted awards Best in Class - Customer Service and Best in Class - Active Trading in 2018, while Admiral Markets found itself with Best in Class - Investor Education.