Written by ForexBrokers.com
In this head to head comparison of Pepperstone vs easyMarkets, 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 easyMarkets are two well-known online brokers, each with their own strengths. Founded in 2010, Pepperstone boasts a Trust Score of 95 out of 99 according to ForexBrokers.com, indicating a high level of trust. The firm holds three Tier-1 licenses and two Tier-2 licenses, showcasing its strong regulatory standing. Although not listed on a stock exchange or operating as a bank, Pepperstone's regulatory framework positions it as a reliable option for traders.
On the other hand, easyMarkets, established in 2001, holds a respectable Trust Score of 84, marking it as a trusted broker. The company holds two Tier-1 licenses and one Tier-2 license. Like Pepperstone, easyMarkets is neither publicly traded nor a banking institution. While both brokers are not publicly listed, their regulatory credentials help guide traders in choosing a platform that suits their needs. Pepperstone's slightly higher Trust Score and additional Tier-1 license make it a strong competitor, especially for those prioritizing regulation and trust.
| Feature |
Pepperstone
|
easyMarkets
|
|---|---|---|
| Year Founded | 2010 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
Pepperstone stands out as an appealing option for traders seeking low commission costs, particularly with its Razor account. Offering a commission-based pricing structure, the Razor account averages a competitive all-in cost of 0.80 pips for the EUR/USD pairing when combined with the Active Trader program benefits. This stands in contrast to its Standard account, which is commission-free but generally results in higher spreads, averaging 1.1 pips for the same currency pair. For active traders, Pepperstone provides tiered rebates on trading volumes, with even more significant savings available for professional clients trading large volumes.
In comparison, easyMarkets provides fixed spreads of 0.8 pips for the EUR/USD on its proprietary platform and TradingView, but these costs increase significantly when using MetaTrader’s MT4 platform, where standard account holders face spreads of 1.7 pips. The VIP account does offer reduced spreads on MT4, bringing them down to 0.7 pips, while MT5 users can experience variable spreads starting from 0.7 pips. However, easyMarkets’ higher costs on MetaTrader platforms might deter traders seeking lower transactional expenses.
Pepperstone receives a superior rating of 4.5 stars for commissions and fees and ranks 10th among 62 brokers, highlighting its competitive edge in this category. easyMarkets, on the other hand, garners a rating of 3.5 stars and ranks 51st, indicating a less favorable position in terms of cost efficiency compared to Pepperstone.
| Feature |
Pepperstone
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $0 | $25 |
| Average Spread EUR/USD - Standard | 1.00 | 0.8 |
| All-in Cost EUR/USD - Active | 0.70 | 0.8 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| 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.
Pepperstone and easyMarkets both provide opportunities for forex trading through CFDs or spot contracts, ensuring versatile trading options for their users. When it comes to the variety of tradeable symbols, Pepperstone stands out with a total of 1,726 symbols compared to easyMarkets' 230. In the realm of forex pairs, Pepperstone offers a slightly wider selection, featuring 65 pairs as opposed to easyMarkets' 63. Neither broker grants access to exchange-traded securities on U.S. or international markets, so investing directly in companies like Apple or Vodafone is not possible through their platforms.
Both platforms do offer copy trading and the ability to trade cryptocurrency derivatives, although they don't support the purchase of actual cryptocurrencies. In terms of investment range quality, Pepperstone earns a higher rating with 4 stars compared to easyMarkets' 3.5 stars. According to ForexBrokers.com, Pepperstone is ranked significantly higher in the Range of Investments category, securing the 26th spot among 62 brokers, while easyMarkets holds the 54th position. This suggests that Pepperstone may offer a more comprehensive trading experience for those prioritizing investment variety.
| Feature |
Pepperstone
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1726 | 230 |
| Forex Pairs (Total) | 65 | 63 |
| 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 easyMarkets both provide traders with a wide range of platforms and tools, designed to cater to diverse trading preferences. Both brokers offer free virtual demo accounts, making it easy for newcomers to hone their skills without any financial risk. They also feature proprietary trading platforms and have support for popular platforms like MetaTrader 4 and MetaTrader 5, ensuring flexibility for traders. Both brokers provide web-based trading platforms and Windows-based desktop downloads, giving users options to trade in the environment they are most comfortable with. Additionally, copy trading is available through both brokers, however, Pepperstone goes a step further with support for DupliTrade, while both lack integration with ZuluTrade.
When it comes to charting capabilities, Pepperstone and easyMarkets offer 30 drawing tools each, along with the ability to trade directly from stock charts, which provides a seamless trading experience. While Pepperstone offers seven columns for organizing watch lists, easyMarkets one-ups this with eight columns, providing slightly better customization for tracking market movements. In terms of ratings, both brokers earn 4 stars for their trading platforms and tools, though Pepperstone holds an edge in rankings by ForexBrokers.com, securing the 22nd spot against easyMarkets' 35th out of 62 brokers. Overall, both Pepperstone and easyMarkets deliver comprehensive trading platforms, each with unique strengths that cater to varying trader needs.
| Feature |
Pepperstone
|
easyMarkets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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 |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 15 | 15 |
| Charting - Drawing Tools (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Pepperstone and easyMarkets both offer mobile trading apps for iPhone and Android users, ensuring accessibility across popular devices. Both apps allow users to sync watchlists with their online accounts, providing a seamless transition between mobile and web platforms. Pepperstone stands out with its ability to send stock and forex price alerts, a feature that easyMarkets lacks. Additionally, both apps support drawing trendlines and viewing different time frames on charts, with Pepperstone also offering auto-save for chart drawings. When it comes to technical studies, easyMarkets leads with 81 available options compared to Pepperstone's 30. However, both platforms allow users to create real-time quote watchlists.
Both mobile platforms earn a solid 4-star rating for their user experiences, though their rankings differ slightly on ForexBrokers.com. Pepperstone is ranked 21st out of 62 brokers for mobile trading apps, surpassing easyMarkets, which holds the 30th position. This suggests Pepperstone might offer a slightly more favorable mobile trading experience for those who highly value features like price alerts and chart drawing auto-save. Overall, both brokers provide valuable mobile trading options, each with unique advantages catering to different trader preferences.
| Feature |
Pepperstone
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 81 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating the market research offerings of two online brokers, Pepperstone and easyMarkets, both provide daily market commentary and access to high-quality forex news from sources like Bloomberg and Reuters. While Pepperstone offers technical analysis tools such as Autochartist, easyMarkets opts for Trading Central's services. Both platforms feature sentiment-based trading tools that give traders insights into market positions. An economic calendar highlighting global news events is also available through both brokers, providing well-rounded market insights.
Pepperstone and easyMarkets do not offer market research from TipRanks or Acuity Trading, which might be a consideration for traders seeking those specific insights. However, Pepperstone's research capabilities earn a higher rating of 4.5 stars compared to easyMarkets' 3.5 stars. This is reflected in their rankings on ForexBrokers.com, where Pepperstone is placed at #12 out of 62 brokers, while easyMarkets is positioned at #43. These distinctions highlight Pepperstone's competitive edge in research features for traders looking to stay informed.
| Feature |
Pepperstone
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Pepperstone and easyMarkets both provide a range of educational resources that cater to forex and CFD traders, particularly those who are just starting out. Both platforms offer over ten educational pieces, which include informative articles, engaging videos, and useful webinars. They ensure that these resources cover a variety of topics suitable for beginners as well as more advanced traders. Regular monthly webinars are available on both platforms, and you can conveniently access previously recorded sessions in a searchable archive. Moreover, each broker provides over ten videos specifically aimed at beginning traders, helping new users build a strong foundation in trading concepts.
In addition to offering a wide array of educational materials for beginners, both Pepperstone and easyMarkets provide tools for more seasoned traders. There's a selection of advanced educational videos to further enhance trading skills, as well as a comprehensive investor dictionary featuring definitions of more than 50 investing terms. While both platforms are well-equipped with educational resources, Pepperstone shines with a higher educational rating of 4.5 stars compared to easyMarkets' 3.5 stars. Furthermore, Pepperstone ranks higher at #18 in the Education category among 62 brokers, whereas easyMarkets holds the #39 spot. This indicates a more favorable educational offering from Pepperstone, according to ForexBrokers.com.
| Feature |
Pepperstone
|
easyMarkets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Pepperstone is better than easyMarkets. Pepperstone finished with an overall rank of #16, while easyMarkets finished with an overall rank of #42.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
| Feature |
Pepperstone
|
easyMarkets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 95 | 84 |
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Both Pepperstone and easyMarkets do not provide the option to purchase actual, delivered cryptocurrency, yet they both offer the capability to trade in cryptocurrency derivatives instead.
Pepperstone and easyMarkets both support ACH and SEPA transfers, Skrill, Visa, Mastercard, and bank wires for depositing and withdrawing funds, but only Pepperstone offers PayPal as an additional payment option.
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 | easyMarkets | |
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| Trust Score | 95 | 84 | |
| Winner | check_circle | ||
| Review | Pepperstone Review | easyMarkets Review |
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| Regulation | Pepperstone | easyMarkets | |
|---|---|---|---|
| Trust Score | 95 | 84 | |
| Year Founded | 2010 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | Pepperstone | easyMarkets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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 | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Pepperstone | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1726 | 230 | |
| Forex Pairs (Total) | 65 | 63 | |
| 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 | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 0.8 | |
| All-in Cost EUR/USD - Active | 0.70 | 0.8 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Pepperstone | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $0 | $25 | |
| 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 | Yes |
| Trading Platforms | Pepperstone | easyMarkets | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Pepperstone | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 15 | 15 | |
| Charting - Drawing Tools (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Pepperstone | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 81 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Pepperstone | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Pepperstone | easyMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Pepperstone | easyMarkets | |
|---|---|---|---|
| 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 | easyMarkets Review |
| Overall | Pepperstone | easyMarkets | |
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| Trust Score | 95 | 84 | |
| Winner | check_circle | ||
| Review | Pepperstone Review | easyMarkets Review |
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