Is Admiral Markets better than Pepperstone? In our analysis of 23 international regulators across 39 brokers, Admiral Markets is considered low-risk, with an overall Trust Score of 87 out of 99. Pepperstone is considered low-risk, with an overall Trust Score of 93 out of 99. Learn more about Trust Score.
| Overall Rating | Admiral Markets | Pepperstone |
|---|---|---|
| Overall Rating | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platform & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 87 | 93 |
| Regulation | Admiral Markets | Pepperstone |
|---|---|---|
| Trust Score | 87 | 93 |
| Year Founded | 2001 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 1 |
| Authorised in European Union | Yes | Yes |
| Tier-1 Licenses (High Trust) | Admiral Markets | Pepperstone |
|---|---|---|
| ASIC Authorised (Australia) | Yes | Yes |
| IIROC Authorised (Canada) | No | No |
| SFC Authorised (Hong Kong) | No | No |
| CBI Authorised (Ireland) | No | No |
| FSA Authorised (Japan) | No | No |
| MAS Authorised (Singapore) | No | No |
| FINMA Authorised (Switzerland) | No | No |
| FCA Authorised (U.K.) | Yes | Yes |
| CFTC Registered (USA) | No | No |
| FMA Authorised (New Zealand) | No | No |
| Tier-2 Licenses (Average Trust) | Admiral Markets | Pepperstone |
|---|---|---|
| CBRC Authorised (China) | No | No |
| CySEC Authorised (Cyprus) | Yes | Yes |
| NSE Authorised (India) | No | No |
| ISA Authorised (Israel) | No | No |
| CBR Authorised (Russia) | No | No |
| FSCA Authorised (South Africa) | No | No |
| SEC Authorised (Thailand) | No | No |
| DFSA / Central Bank Authorised (UAE) | No | Yes |
| Tier-3 Licenses (Low Trust) | Admiral Markets | Pepperstone |
|---|---|---|
| SCB Authorised (Bahamas) | No | Yes |
| IFSC Authorised (Belize) | No | No |
| CIMA Authorised (Cayman Islands) | No | No |
| BMA Authorised (Bermuda) | No | No |
| FSC Authorised (British Virgin Islands) | No | No |
| FSC Authorised (Mauritius) | No | No |
| VFSC Authorised (Vanuatu) | No | No |
| Investments | Admiral Markets | Pepperstone |
|---|---|---|
| Forex Trading | Yes | Yes |
| Trading - Forex or CFDs | Yes | Yes |
| Tradeable Symbols (Total) | 8425 | 1200 |
| Forex Pairs (Total) | 50 | 62 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (CFD) | Yes | Yes |
| Cost | Admiral Markets | Pepperstone |
|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 (July 2021) | 0.77 (November 2021) |
| All-in Cost EUR/USD - Active | 0.7 (July 2021) | 0.87 (November 2021) |
| Active Trader or VIP Discounts | Yes | Yes |
| Execution: Agency Broker | No | Yes |
| Execution: Market Maker | Yes | No |
| Funding | Admiral Markets | Pepperstone |
|---|---|---|
| Minimum Initial Deposit | $100 | $200 |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | Admiral Markets | Pepperstone |
|---|---|---|
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| cTrader | No | Yes |
| DupliTrade | No | Yes |
| ZuluTrade | No | No |
| Trading Tools | Admiral Markets | Pepperstone |
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Alerts - Basic Fields | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admiral Markets | Pepperstone |
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Forex Calendar | No | Yes |
| Research | Admiral Markets | Pepperstone |
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| Economic Calendar | Yes | Yes |
| Education | Admiral Markets | Pepperstone |
|---|---|---|
| Has Education - Forex or CFDs | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admiral Markets | Pepperstone |
|---|---|---|
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| EUR/USD | Yes | Yes |
| USD/CHF | Yes | Yes |
| USD/CAD | Yes | Yes |
| NZD/USD | Yes | Yes |
| AUD/USD | Yes | Yes |
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Admiral Markets vs Pepperstone.
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Admiral Markets offers better pricing overall for traders.
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both Admiral Markets and Pepperstone hold [Variable A] global Tier-1 licenses.
To compare the trading platforms of both Admiral Markets and Pepperstone, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Admiral Markets offers a better experience. With research, Pepperstone offers superior market research. Finally, we found Pepperstone to provide better mobile trading apps.
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Admiral Markets and Pepperstone offer MetaTrader 4 (MT4).Admiral Markets and Pepperstone both offer copy trading.
Forex pairs aside, Admiral Markets offers traders access to 8425 CFDs while Pepperstone has 1200 available CFDs, a difference of 7225.
Admiral Markets is not publicly traded and does not operate a bank. Admiral Markets is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Admiral Markets is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), and Australian Securities & Investment Commission (ASIC).
Pepperstone is not publicly traded and does not operate a bank. Pepperstone is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulators (low trust). Pepperstone is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA). Pepperstone is authorised by the following tier-2 regulators: Dubai Financial Services Authority (DFSA) and the Cyprus Securities and Exchange Commission (CySEC).
Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
Overall winner: Admiral Markets
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