Written by ForexBrokers.com
In this head to head comparison of Pepperstone vs Earn, 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.
Pepperstone and Earn are both online brokers, but they differ significantly in their founding years and trust ratings. Pepperstone, established in 2010, holds 3 Tier-1 licenses and 2 Tier-2 licenses, earning it a highly trusted rating of 95 out of 99 from ForexBrokers.com. In contrast, Earn, which was founded in 1994, holds 1 Tier-1 license and no Tier-2 licenses, resulting in an average risk trust score of 71.
Neither Pepperstone nor Earn is publicly traded or operates as a bank. This distinction might influence your choice depending on how you weigh the importance of public trading status or banking functions. The licensing and trust ratings point towards Pepperstone being more consistently reliable, particularly highlighted by its number of high-tier licenses and ForexBrokers.com score. Both brokers nonetheless serve their clients within the scope of their capabilities and regulatory approvals.
| Feature |
Pepperstone
|
Earn
|
|---|---|---|
| Year Founded | 2010 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Pepperstone provides a favorable option for high-volume traders with its Razor account, which features competitive pricing when paired with the Active Trader program. The Razor account operates on a commission-based pricing model and boasts an average spread of 0.10 pips for EUR/USD, with the total cost rising to 0.80 pips after accounting for the commission. In contrast, Pepperstone’s Standard account is commission-free but offers a higher average spread of 1.1 pips on the same currency pair, making it less cost-effective than the Razor account.
Conversely, Earn lacks detailed average spread data, which makes direct comparison difficult. However, it is clear that Pepperstone's spread and commission structure is tailored toward traders who engage in higher trading volumes, offering rebates based on trading activity. Pepperstone provides attractive incentives for both UK and EU professional clients who trade substantial amounts monthly, with rebates reaching up to 25%. In Australia, Pepperstone presents a tiered discount structure which can reduce trading costs significantly.
When comparing the overall user ratings, Pepperstone shines with a 4.5-star rating against Earn's 4-star rating, reflecting its competitive fee structure. Additionally, in the Commissions and Fees category, Pepperstone ranks impressively at #10 out of 63 brokers, while Earn trails at #45. This ranking underscores Pepperstone's position as a more cost-effective and highly regarded choice for traders who prioritize minimizing trading expenses.
| Feature |
Pepperstone
|
Earn
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Pepperstone and Earn in terms of the range of investments they offer, Pepperstone takes the lead with a more extensive selection. Both platforms provide forex trading as either a CFD or spot contract. However, Pepperstone boasts 1,726 tradeable symbols, significantly more than Earn's 500. Additionally, Pepperstone offers 65 forex pairs compared to Earn's 61, providing more options for traders interested in currency markets. Neither platform supports the purchase of exchange-traded securities or delivered cryptocurrencies, but they do allow trading of cryptocurrency derivatives. For investors interested in social trading, both brokers offer copy trading features.
Pepperstone's broader investment offerings are reflected in their higher rating for the range of investments. Scoring 4 out of 5 stars, Pepperstone outpaces Earn's 3.5-star rating. This advantage is also visible in their rank on ForexBrokers.com, where Pepperstone holds the 26th position, while Earn stands at 45th. Overall, Pepperstone provides a more diverse array of tradeable assets, which may appeal to those seeking greater variety in their online brokerage experience.
| Feature |
Pepperstone
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1726 | 500 |
| Forex Pairs (Total) | 65 | 61 |
| 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.
Pepperstone and Earn both offer a suite of trading platforms and tools designed to cater to diverse trading preferences. Both brokers provide simulated trading through free virtual demo accounts, and support Windows-based desktop, as well as web-based trading platforms. A notable distinction lies in Pepperstone's proprietary platform, developed exclusively in-house, while Earn does not offer a proprietary option. Both brokers support popular platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and provide social trading features like copy trading. However, Pepperstone stands out with DupliTrade integration, whereas Earn incorporates ZuluTrade. For charting tools, Pepperstone offers more variety with 30 drawing tools compared to Earn's 15.
When it comes to chart execution features and watch list customization, both brokers perform comparably, enabling trades directly from a stock chart and providing seven customizable columns for watch lists. Rated equally at four stars each for their trading platforms and tools, Pepperstone holds a competitive edge in ranking, securing the 22nd position out of 63 brokers on ForexBrokers.com, while Earn is positioned at 51st. This suggests a slight advantage for Pepperstone in user satisfaction and platform efficiency, making it a preferred choice for traders seeking versatile and comprehensive trading tools.
| Feature |
Pepperstone
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 15 | 35 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Pepperstone and Earn both offer user-friendly mobile trading apps compatible with iPhone and Android devices, providing traders with convenient access to the markets. Both apps allow users to receive stock or forex price alerts and have the option to draw trendlines directly on their charts. They also support the viewing of multiple time frames, such as daily, weekly, or intraday, ensuring flexibility in analysis. Additionally, real-time quotes can be added to customized watchlists on both platforms. However, a key difference lies in watchlist synchronization; Pepperstone's app supports syncing watchlist symbols between the mobile app and the online account, something Earn does not offer.
When it comes to charting tools, Earn edges slightly ahead by offering 35 technical studies compared to Pepperstone's 30. Both apps, however, allow the auto-saving of drawings on charts, which is a handy feature for active traders. Despite these differences, both Pepperstone and Earn hold an identical user rating of 4 out of 5 stars for their mobile trading capabilities. According to ForexBrokers.com rankings, Pepperstone stands at number 21 among 63 brokers, while Earn is a bit further down the list at number 27. This places both companies as solid contenders in the competitive landscape of mobile trading apps, with each having distinct strengths to cater to their user base.
| Feature |
Pepperstone
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Pepperstone and Earn both provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. While both brokers offer these fundamental resources, Pepperstone sets itself apart by offering the Autochartist technical analysis tool and a sentiment-based trading tool that shows long or short positions across currency pairs. These additions give Pepperstone clients more options to assess market movements and make informed trading decisions. In contrast, Earn lacks these specific tools, focusing instead on more basic offerings.
Both brokers provide an economic calendar to monitor crucial economic events worldwide, yet diverge noticeably in their research ratings. Pepperstone is rated 4.5 stars for research and holds the 12th position out of 63 brokers on ForexBrokers.com. Meanwhile, Earn has a 3.5-star rating and ranks 38th. This suggests that traders valuing comprehensive research tools might find Pepperstone more suited to their needs, while Earn might appeal to those satisfied with more general resources.
| Feature |
Pepperstone
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Pepperstone shines brightly when it comes to educational resources for beginners, particularly in the world of forex and CFDs. Offering over ten educational pieces, including articles, videos, and webinars, it thoroughly covers essential trading knowledge. Beginners are well-supported with at least ten videos tailored specifically for them, making complex trading concepts easier to grasp. Furthermore, Pepperstone holds live monthly webinars and provides a useful archive of past sessions, helping you learn at your own pace. For those looking to deepen their understanding, there are also more than ten advanced videos. To top it off, an investor dictionary with over 50 terms ensures that even novices can become confident in their trading terminology.
On the other hand, Earn falls short when compared to Pepperstone, particularly in catering to novice traders. With an absence of comprehensive educational content geared towards forex or CFDs, beginner-friendly videos, and advanced learning materials, Earn provides limited resources for those new to trading. It also lacks regular live webinars and an archive of past events for ongoing learning. Its investor dictionary does not meet the basic criteria, making it less beneficial for new investors seeking a foundational vocabulary. As a result, Pepperstone boasts a higher education rating of 4.5 stars compared to Earn’s 3.5 stars and ranks 17th in the education category, significantly ahead of Earn, which ranks 62nd out of 63 brokers.
| Feature |
Pepperstone
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Pepperstone is better than Earn. Pepperstone finished with an overall rank of #16, while Earn finished with an overall rank of #50.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
| Feature |
Pepperstone
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 95 | 71 |
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Neither Pepperstone nor Earn provides the option to buy actual delivered cryptocurrency; however, both platforms offer the ability to purchase cryptocurrency derivatives instead.
Pepperstone offers a more versatile range of deposit and withdrawal options than Earn, including ACH, SEPA, and PayPal, while both platforms support Skrill, Visa, Mastercard, and bank wires for funding accounts.
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 | Pepperstone | Earn | |
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| Trust Score | 95 | 71 | |
| Winner | check_circle | ||
| Review | Pepperstone Review |
| Broker Screenshots | Pepperstone | Earn | |
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| Regulation | Pepperstone | Earn | |
|---|---|---|---|
| Trust Score | 95 | 71 | |
| Year Founded | 2010 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Pepperstone | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| 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) | Pepperstone | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Pepperstone | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1726 | 500 | |
| Forex Pairs (Total) | 65 | 61 | |
| 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 | Pepperstone | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Pepperstone | Earn | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Pepperstone | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Pepperstone | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 35 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Pepperstone | Earn | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Pepperstone | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Pepperstone | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Pepperstone | Earn | |
|---|---|---|---|
| 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 | Pepperstone Review |
| Overall | Pepperstone | Earn | |
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| Trust Score | 95 | 71 | |
| Winner | check_circle | ||
| Review | Pepperstone Review |
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