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Pepperstone vs Darwinex 2020

Is Darwinex better than Pepperstone? After testing 30 of the best forex brokers over five months, Pepperstone is better than Darwinex. Pepperstone offers a small set of tradeable products but provides forex and CFD traders with competitive pricing, excellent customer service, and one of the largest selections of third-party platforms, including numerous options for social copy trading.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Pepperstone Darwinex
Overall 4 4
Pepperstone Review Darwinex Review
78.6% of retail CFD accounts lose money 59% of retail CFD accounts lose money

Regulation

Feature Pepperstone Darwinex
Trust Score 89 82
Year Founded
2010 2012
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 1
Tier-2 Licenses
0 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Pepperstone Darwinex
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature Pepperstone Darwinex
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
59 41
CFDs - Total Offered
86 265
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3.5 4
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Cost

Feature Pepperstone Darwinex
Average Spread EUR/USD - Standard
1.13 (as of Q3 19) N/A
All-in Cost EUR/USD - Active
0.86 (as of May 19) N/A
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4 4
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Funding

Feature Pepperstone Darwinex
Minimum Initial Deposit
$200.00 $500
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes Yes
Skrill (Deposit/Withdraw)
Yes No

Trading Platforms

Feature Pepperstone Darwinex
Proprietary Platform
No 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
Yes No

Trading Tools

Feature Pepperstone Darwinex
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
(default MT4/cTrader) (Default MT4)
Charting - Indicators / Studies (Total)
(Standard MT4/cTrader) (Default MT4)
Charting - Drawing Tools (Total)
(Standard MT4/cTrader) (Default MT4)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4 4
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Mobile Trading

Feature Pepperstone Darwinex
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes No
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
Default MT4/cTrader (Default MT4)
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 3.5 3.5
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Research

Feature Pepperstone Darwinex
Daily Market Commentary
Yes No
Forex News (Top-Tier Sources)
Yes No
Weekly Webinars
No Yes
AutoChartist
Yes No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes No
Research 4 3.5
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Education

Feature Pepperstone Darwinex
Has Education - Forex
Yes Yes
Has Education - CFDs
No Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes No
Education 3.5 3.5
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Major Forex Pairs

Feature Pepperstone Darwinex
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

Overall

Feature Pepperstone Darwinex
Pepperstone Review Darwinex Review
Overall 4 4
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Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare Darwinex vs Pepperstone.

Does Darwinex or Pepperstone offer lower pricing?
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, Pepperstone offers better pricing overall for traders.

Is Darwinex or Pepperstone safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Pepperstone holds 2 global Tier-1 licenses, while Darwinex holds 1. Both Darwinex and Pepperstone hold 0 global Tier-2 licenses. All regulators considered, Pepperstone has a Trust Score of 89.00, while Darwinex's Trust Score is 82.00.

Which trading platform is better: Darwinex or Pepperstone?
To compare the trading platforms of both Darwinex and Pepperstone, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Pepperstone offers a better experience. With research, Pepperstone offers superior market research. Finally, we found Pepperstone to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Darwinex and Pepperstone both offer copy trading. Both Darwinex and Pepperstone offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
Pepperstone provides traders 59 currency pairs (e.g., EUR/USD) compared to Darwinex's 41 available pairs. Forex pairs aside, Darwinex offers traders access to 265 CFDs while Pepperstone has 86 available CFDs, a difference of 179.

Overall, between Darwinex and Pepperstone, Pepperstone is the better forex broker.

Darwinex Review
Pepperstone Review

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 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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