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 account | 0.93 | 1.00 |
| All-in Cost EUR/USD - Active | 0.61 | 0.70 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing AvaTrade vs Pepperstone for range of investments: Pepperstone lists more total symbols (1,726 vs 1,260) and more forex pairs (65 vs 53), giving it a slightly wider selection overall. Both brokers let you trade forex as CFDs and/or spot contracts (availability can vary by region), and both support copy trading. Crypto is available only via CFDs at both brokers; you can’t buy actual coins. Each earns 4 out of 5 stars for Range of Investments, with Pepperstone ranked #27 of 63 brokers and AvaTrade ranked #33 by ForexBrokers.com.
Neither broker offers direct, exchange-traded shares on U.S. or international markets, so you can’t buy stocks like Apple or Vodafone outright. If your priority is the broadest list of symbols and currency pairs, Pepperstone has the edge; if you just need a solid spread of popular markets with copy trading and crypto CFDs, AvaTrade fits well too.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 1726 |
| Forex Pairs (Total) | 53 | 65 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
AvaTrade and Pepperstone both tick the key boxes for trading platforms and tools. Each broker offers a free demo account for paper trading, a proprietary platform, and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade in your browser or on a Windows desktop platform, use copy trading, and place orders directly from charts. Indicator libraries and watchlist features vary by platform, but both brokers provide the essentials for charting, layouts, and workflow.
For overall platform quality, independent ratings give AvaTrade a slight edge: AvaTrade is rated 4.5/5 stars and ranks #13 out of 63 brokers for Trading Platforms and Tools on ForexBrokers.com, while Pepperstone scores 4/5 stars and ranks #22. If platform breadth and integrated tools are top priorities, AvaTrade may appeal more, while Pepperstone remains a strong, widely supported choice for MT4/MT5 users and copy trading fans.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 80 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
AvaTrade and Pepperstone both offer full-featured iPhone and Android trading apps with price alerts and watchlists that sync with your online account, so any changes carry across devices. Each app lets you draw trendlines on charts, which is handy for spotting support and resistance levels while you’re on the go.
For charting depth, the AvaTrade app includes 73 technical studies, compared with 30 in the Pepperstone app. Pepperstone counters with auto-saving for chart drawings, while AvaTrade does not. According to ForexBrokers.com, AvaTrade’s mobile app earns 4.5 stars and ranks 13th out of 63 brokers, whereas Pepperstone’s app holds 4 stars and ranks 21st. Choose AvaTrade if you want more indicators; pick Pepperstone if auto-saving drawings is a priority.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | 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 (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
New to trading and comparing AvaTrade vs. Pepperstone for education? Both brokers deliver broad forex and CFD learning options for beginners. Each offers at least 10 beginner-focused videos to help you grasp the basics, plus 10+ advanced videos for when you’re ready to level up. You can also join ongoing client webinars at least once a month, giving you regular chances to ask questions and learn from experts in real time.
In terms of scores, Pepperstone earns 4.5 stars for Education, edging past AvaTrade’s 4-star rating. That said, ForexBrokers.com ranks AvaTrade at #2 out of 63 brokers for Education, while Pepperstone comes in at #17. In practical terms, beginners will find plenty of clear, step-by-step material at both brokers, with Pepperstone offering slightly higher-rated content and AvaTrade achieving a top-tier overall ranking for its education program.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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
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|---|---|---|
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| Trust Score | 94 | 95 |
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In the AvaTrade vs Pepperstone comparison for cryptocurrency trading, neither broker lets you buy actual delivered crypto, but both offer cryptocurrency CFD trading.
Between online brokers AvaTrade and Pepperstone, AvaTrade supports PayPal, Skrill, and bank wire transfers for deposits and withdrawals but not ACH/SEPA, while Pepperstone supports ACH/SEPA, PayPal, and bank wire transfers but not Skrill.
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, FSRA, or SCA 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. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 0.93 | 1.00 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.70 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | Pepperstone | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | AvaTrade | Pepperstone | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | AvaTrade | Pepperstone | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 80 | 15 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | AvaTrade | Pepperstone | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | Pepperstone | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | AvaTrade | Pepperstone | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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