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Pepperstone vs CMC Markets Review

Steven Hatzakis

Published by Steven Hatzakis


Monday, June 11th, 2018

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 CMC 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. CMC Markets received a rating of 5.00 stars over Pepperstone's 4.00 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. CMC Markets and Pepperstone both are regulated in a major hub. CMC Markets is a publicly traded company, while Pepperstone is not. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. CMC Markets offers its clients access to 183 different currency pairs while Pepperstone has 59 available pairs, a difference of 124.

To round out our comparison of CMC 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. Pepperstone makes Meta Trader available to clients, while CMC Markets does not. 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. Pepperstone offers its clients access to 31 charting tools while CMC Markets has 24 charting tools, a difference of 7. CMC Markets boasts an offering of 74 different indicators (for example, moving averages) compared to Pepperstone's 51 available indicators.

Overall, CMC Markets comes out on top with 4.50 stars over Pepperstone's 4.00 stars. And, when it comes to individual category awards, Pepperstone was rated Best in Class - Customer Service and Best in Class - Active Trading in 2018, while CMC Markets was rated Best in Class - Platforms & Tools, Best in Class - Research, Best in Class - Active Trading and Best in Class - Mobile Trading.
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Overall
Offering of Investments
Commissions & Fees
Platform & Tools
Customer Service
Research
Mobile Trading
Education
Trust Score
Year Founded
Publicly-Traded Company (Listed)
Regulated in Major Hub
Regulated in Emerging Hub
CFTC Registered (USA)
FCA Regulated (UK)
FINMA Authorised (Switzerland)
ASIC Authorised (Australia)
MAS Authorised (Singapore)
IIROC Authorised (Canada)
SFC Authorised (Hong Kong)
FSA Authorised (Japan)
CySEC Authorised (Cyprus)
FMA Authorised (New Zealand)
Forex: Spot Trading
Currency Pairs (Total Forex pairs)
CFDs - Total Offered
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
All-in Cost EUR/USD - Active
Average Spread EUR/USD - Standard
Active Trader or Premium/VIP
Proprietary
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader4 (MT4)
MetaTrader5 (MT5)
cTrader
Currenex
ZuluTrade
MirrorTrader
Virtual Trading (Demo)
Watchlists - Total Fields
Alerts - Basic Fields
Charting - Trade From Chart
Charts can be saved
Charting - Drawing Tools (Total)
Charting - Indicators / Studies (Total)
Charting - Drawings Autosave
Order Type - Trailing Stop
Android App
Apple iOS App
Forex News
Alerts - Basic Fields
Alerts Delivery - Push Notifications
Watch List
Watch List Syncing
Charting - Technical Studies/Indicators
Charting - Draw Trend Lines
Daily Market Commentary
Forex News (Top-Tier Sources)
AutoChartist
Trading Central (Recognia)
Delkos Research
Acuity Trading
Social Trading / Copy-Trading
Social Sentiment - Currency Pairs
Client Webinars
Client Webinars (Archived)
Videos - Beginner Trading Videos
Economic Calendar
Calendar Includes Forecasts
Economic News Sentiment
Trade Ideas - Backtesting
GBPUSD (or USDGBP)
USDJPY (or JPYUSD)
EURUSD (or USDEUR)
USDCHF (or CHFUSD)
USDCAD (or CADUSD)
NZDUSD (or USDNZD)
AUDUSD (or USDAUD)
USDCNH (or CNHUSD)
USDSGD (or SGDUSD)
USDMXN (or MXNUSD)
USDNOK (or NOKUSD)
USDSEK (or SEKUSD)
USDTRY (or TRYUSD)
USDZAR (or ZARUSD)
USDDKK (or DKKUSD)
USDBRL (or BRLUSD)
Minimum Initial Deposit
Bank Wire (Deposit/Withdraw)
Visa/Mastercard (Credit/Debit)
PayPal (Deposit/Withdraw)
Skrill (Deposit/Withdraw)
UnionPay (Deposit/Withdraw)
Pepperstone
Pepperstone Review
 
4
3.5
4
4
4
3
3.5
3
 
81
2010
No
Yes
No
No
Yes
No
Yes
No
No
No
No
No
No
 
Yes
61
33
No
Yes
 
0.86
1.16
Yes
 
No
Yes
Yes
Yes
Yes
No
Yes
No
Yes
Yes
 
Yes
7
Yes
Yes
Yes
31
51
Yes
Yes
 
Yes
Yes
Yes
Yes
Yes
Yes
Yes
30
Yes
 
Yes
Yes
Yes
No
No
No
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
Yes
 
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
 
Yes
Yes
Yes
Yes
Yes
No
No
 
$200.00
Yes
Yes
Yes
Yes
Yes
CMC Markets
CMC Markets Review
 
4.5
5
5
4
3
4
4
4.5
 
90
1989
Yes
Yes
Yes
No
Yes
No
Yes
Yes
Yes
No
No
No
Yes
 
Yes
183
10172
No
Yes
 
0.772
0.772
Yes
 
Yes
No
Yes
No
No
No
No
No
No
No
 
Yes
8
Yes
No
Yes
24
74
Yes
Yes
 
Yes
Yes
Yes
Yes
No
Yes
Yes
23
Yes
 
Yes
Yes
No
Yes
No
No
No
Yes
Yes
Yes
No
Yes
Yes
Yes
Yes
 
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
 
Yes
Yes
Yes
Yes
Yes
Yes
No
 
$0.00
Yes
Yes
No
No
No

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All data was obtained from a published web site as of 4/03/2018 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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