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 |
If you’re comparing AvaTrade and Pepperstone on commissions and fees, both earn 4.5/5 stars. Pepperstone ranks higher (#6 of 63) than AvaTrade (#14 of 63) in ForexBrokers.com’s Commissions and Fees category, largely because active traders can unlock lower all-in costs on Pepperstone’s Razor account with volume-based rebates, while AvaTrade’s pricing centers on straightforward spreads that sit near the industry average.
AvaTrade: the typical EUR/USD spread is about 0.9 pips as of June 2024—near the industry average, though a bit higher than the entry-level accounts at CMC Markets and Tickmill. Traders who qualify as elected professionals can access tighter pricing around 0.6 pips, which is competitive with FP Markets.
Pepperstone: the Razor account uses commission-based pricing and posted an average EUR/USD spread of 0.10 pips as of July 2024; including the commission equivalent of about 0.70 pips, the all-in cost is roughly 0.80 pips—cheaper than the commission-free Standard account at around 1.1 pips. High-volume traders can save more through the Active Trader program: in the U.K. and EU, professional clients trading at least £20 million per month in forex can receive a 15% rebate per lot, improving up to 25% at £200 million+; in Australia, professional clients get tiered discounts from about 10% to 30% per lot, starting from 100 lots (over three months) up to 3001+ lots monthly. Razor is available on TradingView, MetaTrader 4/5, and cTrader.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 0.93 | 1.1 |
| All-in Cost EUR/USD - Active | 0.61 | 0.8 |
| 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.
Pepperstone offers a wider selection of markets than AvaTrade, with 1,726 tradeable symbols and 65 forex pairs compared with AvaTrade’s 1,260 symbols and 53 pairs. Both brokers support forex trading via CFDs or spot contracts, and both offer copy trading. You can trade cryptocurrency via CFDs at either broker, but neither allows the purchase of actual coins. Likewise, neither broker provides access to exchange-traded shares on U.S. or international stock exchanges.
For overall range of investments, both AvaTrade and Pepperstone earn 4 out of 5 stars from ForexBrokers.com. Pepperstone ranks #23 out of 63 brokers in this category, while AvaTrade ranks #26. In short, Pepperstone edges ahead on the sheer number of instruments, while AvaTrade still delivers a broad lineup for traders who want forex and CFD exposure without direct stock or crypto ownership.
| 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.
Comparing AvaTrade vs Pepperstone for trading platforms and tools: both brokers check the key boxes. Each offers a free demo account for practice, a proprietary platform, Windows desktop software, and a web-based platform. You’ll also get copy trading plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5) at both, along with the ability to place trades straight from charts—helpful for quick execution and learning the ropes.
Where they differ is in independent ratings. For Trading Platforms and Tools, AvaTrade is rated 4.5 stars and ranks #13 out of 63 brokers on ForexBrokers.com, while Pepperstone earns 4 stars and ranks #21. In short, both are strong choices for MT4/MT5 users and copy trading fans, but AvaTrade edges ahead on overall platform/tools recognition, while Pepperstone still delivers a well-rounded experience.
| 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 vs Pepperstone: both brokers offer iPhone and Android trading apps with price alerts and watchlist syncing between mobile and web. Each app lets you draw trendlines on charts. For charting depth, AvaTrade includes 73 technical studies, while Pepperstone offers 30. Pepperstone has a convenience edge because drawings on charts auto-save, whereas AvaTrade’s app does not auto-save annotations.
Ratings back this up: AvaTrade’s mobile app is rated 4.5 stars and ranks #13 out of 63 brokers on ForexBrokers.com, while Pepperstone scores 4 stars and ranks #19. Choose AvaTrade if you want more indicators and a higher-rated app; pick Pepperstone if auto-saving chart drawings is a priority. Either way, both mobile apps cover the essentials for trading on the go.
| 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 market research: Pepperstone leads with a 4.5-star research rating and a #12 ranking out of 63 brokers, while AvaTrade holds 4 stars and ranks #28 (ForexBrokers.com). Pepperstone provides daily market commentary; AvaTrade does not. Both brokers stream forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, and each offers an economic calendar plus a sentiment tool that shows the long/short split across instruments.
Their research tools differ. Pepperstone includes Autochartist, but not Trading Central; AvaTrade is the opposite, offering Trading Central but not Autochartist. Neither broker features TipRanks or Acuity Trading’s Signal Centre. If you want daily commentary and Autochartist, Pepperstone is the better fit. If Trading Central matters most, AvaTrade is the way to go—both still deliver strong news coverage, sentiment data, and calendar features.
| 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.
AvaTrade and Pepperstone both give beginners a clear path to learn forex and CFD trading. Each broker runs online educational webinars at least once a month and offers a sizable library of lessons, including 10+ beginner videos and 10+ advanced videos. Learners can tap into articles, videos, and archived webinars to cover the basics—such as order types and risk control—before moving on to strategies and market analysis.
For education quality, ForexBrokers.com rates AvaTrade 4 stars and ranks it #2 out of 63 brokers, while Pepperstone earns 4.5 stars and ranks #15. Put simply, Pepperstone’s education carries a slightly higher star score, but AvaTrade holds the higher placement in the education rankings. Either way, beginners will find plenty of structured content and recurring live sessions at both brokers.
| 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 #15, while Pepperstone finished with an overall rank of #17.
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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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 (FSA 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 | 1.1 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.8 | |
| 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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