Written by ForexBrokers.com
In this head to head comparison of AvaTrade vs Pepperstone, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 2006, AvaTrade is a seasoned player in the online brokerage landscape, offering a secure trading environment with a Trust Score of 94 as per ForexBrokers.com. This score indicates a high level of trustworthiness. While AvaTrade is not publicly traded nor a bank, it solidifies its reliability with four Tier-1 licenses and three Tier-2 licenses, affirming its trusted status in the industry.
Pepperstone, launched in 2010, also stands out as a dependable choice, boasting a slightly higher Trust Score of 95, placing it among the highly trusted brokers. Like AvaTrade, Pepperstone is not publicly traded and doesn't operate as a bank. Its credibility is backed by three Tier-1 licenses and two Tier-2 licenses, reassuring investors of a secure trading platform. Both brokers offer strong regulatory frameworks, though Pepperstone edges ahead in trust perception.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Year Founded | 2006 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 3 | 2 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 2 |
AvaTrade and Pepperstone both score 4.5/5 stars for commissions and fees. In ForexBrokers.com’s 2024 rankings, Pepperstone sits at #11 out of 63 brokers, while AvaTrade is close behind at #13. That makes both strong choices if you care about pricing, with Pepperstone holding a slight edge in the rankings.
AvaTrade’s typical EUR/USD spread was 0.9 pips as of June 2024, which is near the industry average, though a bit higher than some low-cost rivals like CMC Markets and Tickmill on their entry-level accounts. If you qualify as a professional client, AvaTrade’s Professional account quotes around 0.6 pips, which is competitive and in line with brokers like FP Markets. (AvaTrade: 4.5/5 stars, ranked #13/63 for commissions and fees.)
Pepperstone’s pricing shines on its commission-based Razor account: the average EUR/USD spread was 0.10 pips as of July 2024, and when you include the commission (about 0.70 pips), the all-in cost comes to roughly 0.80 pips—around the industry average. The Standard account is commission-free but carries a higher 1.1-pip average spread, making it more expensive than Razor. High-volume traders can lower costs further via Pepperstone’s Active Trader program, which offers spread rebates that vary by region and volume (for example, UK/EU professional clients can receive 15%–25% spread rebates per lot, while Australian professionals can see 10%–30% reductions based on tier). (Pepperstone: 4.5/5 stars, ranked #11/63 for commissions and fees.)
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 0.93 | 1.00 |
| All-in Cost EUR/USD - Active | 0.61 | 0.70 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Pepperstone offers a wider range of markets than AvaTrade, with 1,726 tradeable symbols versus AvaTrade’s 1,260. Pepperstone also lists 65 forex pairs compared with 53 at AvaTrade. Both brokers support forex trading (available as CFDs or spot) and offer cryptocurrency trading through derivatives, but neither lets you buy actual crypto. They also do not provide access to exchange-traded stocks on U.S. or international exchanges.
Copy trading is available at both brokers. Each earns 4 out of 5 stars for Range of Investments, though Pepperstone ranks higher (#27 of 63) than AvaTrade (#33 of 63). In short, Pepperstone edges ahead for total instruments and currency pairs, while AvaTrade remains a competitive choice for most traders.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 1726 |
| Forex Pairs (Total) | 53 | 65 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing AvaTrade and Pepperstone, both brokers offer a comprehensive array of trading platforms and tools to cater to different trading needs. AvaTrade stands out by earning a 4.5-star rating, ranking 13th out of 63 brokers according to ForexBrokers.com. It provides a proprietary platform, along with popular options like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The platform supports copy trading through DupliTrade and ZuluTrade, though it slightly lags in the number of drawing tools for charting, providing 13 options. AvaTrade allows direct trade execution from stock charts and includes a virtual demo account for practice.
Pepperstone, with a 4-star rating and a 22nd place ranking, offers a similarly strong selection with its proprietary web and desktop platforms. Like AvaTrade, it also supports MT4 and MT5, alongside copy trading via DupliTrade. While it does not offer ZuluTrade, it compensates with 30 drawing tools for robust charting capabilities. Both brokers facilitate trading directly from stock charts and offer watch lists with seven customizable columns. Pepperstone also provides a virtual demo account, making it equally appealing for traders wanting to test strategies before live trading.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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 |
| DupliTrade | Yes | Yes |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 80 | 15 |
| Charting - Drawing Tools (Total) | 13 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of AvaTrade and Pepperstone, both brokers provide apps for iPhone and Android users, equipped with essential features like price alerts and watchlist symbol syncing. AvaTrade stands out by offering 73 technical studies for charting, which is more than double the 30 studies provided by Pepperstone. Both apps allow users to draw trendlines on charts and view multiple time frames such as daily, weekly, or intraday. However, Pepperstone has the edge in terms of user convenience as its app automatically saves chart drawings, a feature not present in AvaTrade's app.
Both AvaTrade and Pepperstone allow for the creation of watchlists with real-time quotes, catering to active traders who need quick access to market data. In terms of user ratings, AvaTrade scores slightly higher with a 4.5-star rating compared to Pepperstone’s 4 stars. Moreover, AvaTrade ranks 13th in the mobile trading app category according to ForexBrokers.com, ahead of Pepperstone, which holds the 21st position. Overall, while both platforms deliver a solid mobile trading experience, AvaTrade offers several additional enhancements that may appeal more to those who rely heavily on charting tools.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
AvaTrade vs Pepperstone for market research: both brokers deliver forex news from top-tier sources and include an economic calendar plus a sentiment tool that shows long/short positioning. Pepperstone stands out with daily market commentary and access to Autochartist for pattern and signal ideas, while AvaTrade counters with Trading Central for technical and fundamental insights. Neither broker offers TipRanks or Acuity Trading tools.
In independent ratings, Pepperstone scores 4.5/5 for Research and ranks #12 out of 63 brokers, while AvaTrade scores 4/5 and ranks #35. Choose Pepperstone if you want frequent in-house commentary and Autochartist-driven scanning; pick AvaTrade if Trading Central’s analytics fit your workflow. Both are solid for everyday research needs thanks to quality news feeds, sentiment data, and handy calendars.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at AvaTrade and Pepperstone, both online brokers excel in providing comprehensive tools to learn about forex and CFDs. AvaTrade and Pepperstone each offer more than 10 educational materials, including articles, videos, and archived webinars, all centered on forex or CFDs, ensuring newcomers have a wide array of information at their fingertips. Moreover, both brokers host monthly online client webinars and maintain a searchable archive of past sessions, so beginners can easily revisit valuable insights. Additionally, each platform offers over 10 video tutorials specifically geared toward beginner traders, empowering users with foundational knowledge to start trading.
When it comes to more advanced educational content, both AvaTrade and Pepperstone deliver with over 10 videos aimed at intermediate to experienced traders, helping them refine their strategies. Each broker also includes a comprehensive investor dictionary featuring over 50 investing terms, aiding beginners in becoming familiar with trading jargon. Evaluating their educational offerings, AvaTrade is rated 4 out of 5 stars, ranking #2 amongst 63 brokers per ForexBrokers.com, while Pepperstone scores slightly higher at 4.5 stars, though it ranks #17. These ratings reflect the strength of their educational programs, with AvaTrade having a slightly weaker rating but higher ranking due to its vast offerings.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| 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 |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that AvaTrade is better than Pepperstone. AvaTrade finished with an overall rank of #13, while Pepperstone finished with an overall rank of #16.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 95 |
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Both AvaTrade and Pepperstone provide the option to trade cryptocurrency derivatives but do not offer the ability to purchase actual delivered cryptocurrencies.
While both AvaTrade and Pepperstone provide options to deposit or withdraw funds through PayPal, Skrill, Visa or Mastercard, and bank wires, only Pepperstone offers ACH or SEPA transfers, giving it a slight edge for users seeking diverse transaction methods.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | AvaTrade | Pepperstone | |
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| Trust Score | 94 | 95 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Pepperstone Review |
| Broker Screenshots | AvaTrade | Pepperstone | |
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| Regulation | AvaTrade | Pepperstone | |
|---|---|---|---|
| Trust Score | 94 | 95 | |
| Year Founded | 2006 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 3 | 2 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | Pepperstone | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | AvaTrade | Pepperstone | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | AvaTrade | Pepperstone | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 1726 | |
| Forex Pairs (Total) | 53 | 65 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | AvaTrade | Pepperstone | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | 1.00 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.70 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | Pepperstone | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | AvaTrade | Pepperstone | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | Yes | Yes | |
| ZuluTrade | Yes | No |
| Trading Tools | AvaTrade | Pepperstone | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 80 | 15 | |
| Charting - Drawing Tools (Total) | 13 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | Pepperstone | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | Pepperstone | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | Pepperstone | |
|---|---|---|---|
| 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 | AvaTrade | 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 | |
| Review | AvaTrade Review | Pepperstone Review |
| Overall | AvaTrade | Pepperstone | |
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| Trust Score | 94 | 95 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Pepperstone Review |
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