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 |
When comparing Pepperstone and easyMarkets in terms of commissions and fees, Pepperstone stands out with a 4.5-star rating and a #10 ranking by ForexBrokers.com. This broker offers competitive pricing through its Razor account, especially when paired with its Active Trader program for high-volume traders. The Razor account utilizes a commission-based structure with an average spread of 0.10 pips for the EUR/USD and an all-in cost of 0.80 pips after including the equivalent commission. Meanwhile, the Standard account, which is commission-free, features a higher average spread of 1.1 pips, making the Razor more cost-effective for traders.
In contrast, easyMarkets holds a 3.5-star rating and is ranked #52 by ForexBrokers.com in the commissions and fees category. easyMarkets offers fixed spreads of 0.8 pips for the EUR/USD when using their platform and TradingView. However, using the MT4 platform, spreads are significantly higher at 1.7 pips for the Standard account. The VIP account brings this down to 0.7 pips, while MT5 features variable spreads starting from 0.7 pips. Although easyMarkets provides consistent pricing through fixed spreads, higher costs on certain platforms might deter traders seeking the best value.
For active traders, Pepperstone presents more enticing opportunities through its Active Trader program, which offers spread rebates for professional clients trading substantial volumes. In the UK and EU, rebates range from 15% to 25% per lot, based on trading volume. In Australia, discounts span from 10% to 30% per standard lot. These benefits lend Pepperstone a clear edge over easyMarkets for traders looking to optimize their trading expenses through volume-based incentives.
| 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 traders with access to forex trading through CFDs, making them suitable for those looking to get involved in currency trading. Pepperstone stands out with a wider selection of 1,726 tradeable symbols compared to the 230 offered by easyMarkets. Additionally, Pepperstone offers 65 tradeable forex pairs, slightly exceeding the 63 pairs available with easyMarkets. Both platforms do not provide options for trading actual exchange-traded securities on U.S. or international exchanges, nor do they offer the ability to buy actual (delivered) cryptocurrencies. However, traders can engage in cryptocurrency derivatives on both platforms.
Another feature common to both Pepperstone and easyMarkets is the availability of copy trading, which appeals to those looking to mirror the trades of skilled investors. In terms of range of investments, Pepperstone receives a slightly higher rating with 4 stars compared to 3.5 stars for easyMarkets. In rankings by ForexBrokers.com, Pepperstone holds the 26th spot out of 63 brokers for its range of investments, while easyMarkets ranks 54th. These factors make Pepperstone a more appealing option for traders seeking a broader array of investment opportunities.
| 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 offer comprehensive trading platforms, appealing to traders who value variety and functionality. Both platforms provide free virtual demo accounts for beginners to practice without risk. While Pepperstone and easyMarkets each have their proprietary platforms, they also offer widespread tools like MetaTrader 4 and 5, as well as web-based and Windows desktop applications. For those interested in social trading, both companies support copy trading, although Pepperstone goes a step further by providing DupliTrade, which easyMarkets lacks. Neither broker offers ZuluTrade integration.
When it comes to charting capabilities and customization, both brokers offer 30 drawing tools, allowing users to personalize their trading experience. Pepperstone allows trades to execute directly from stock charts, a feature also shared by easyMarkets. In terms of watchlist management, easyMarkets offers slightly more flexibility with 8 columns compared to Pepperstone's 7. Both brokers receive a solid four-star rating for their trading platforms and tools, yet Pepperstone ranks higher at #22 compared to easyMarkets at #35 out of 63 brokers according to ForexBrokers.com. This suggests a slight edge in overall user satisfaction and platform effectiveness in the eyes of industry reviewers.
| 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.
When comparing the mobile trading apps of Pepperstone and easyMarkets, both brokers offer applications accessible on iPhone and Android devices. While both platforms allow users to synchronize watchlists between the mobile app and their online account, Pepperstone stands out by providing stock and forex price alerts, a feature easyMarkets does not offer. Charting capabilities are robust in both apps, as they both allow drawing trendlines and viewing charts in multiple time frames. However, in terms of technical studies for charting, easyMarkets leads with 81 options compared to Pepperstone's 30. Still, Pepperstone ensures ease with features like auto-saving drawings on charts, a function absent in the easyMarkets app.
Both apps support creating watchlists with real-time quotes, ensuring users stay updated on market dynamics. Customer satisfaction ratings are equal for both, as each has received a four-star ranking for their mobile trading apps. Yet, when it comes to industry rankings by ForexBrokers.com, Pepperstone holds a slightly higher position at number 21 out of 63 brokers, whereas easyMarkets ranks at number 30. Ultimately, the choice between the two might come down to specific features such as price alerts and chart drawings, which could tip the scale in Pepperstone's favor for some users.
| 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.
Pepperstone and easyMarkets both offer frequent market commentary and access to forex news from top-tier sources like Bloomberg and Reuters, ensuring traders stay informed with valuable updates. Additionally, both platforms provide sentiment-based trading tools, giving users insights into position ratios across various currency pairs. When it comes to specific research tools, Pepperstone shines with offerings from Autochartist, enhancing their technical and fundamental analysis capabilities, whereas easyMarkets does not. Conversely, easyMarkets leverages tools from Trading Central, which Pepperstone lacks, providing different analytic insights to aid traders.
In terms of resources, both platforms provide an economic calendar to keep traders aware of upcoming global news events. However, when evaluated for research quality and ranked among 63 brokers, Pepperstone is rated higher with 4.5 stars and positioned at the 12th spot by ForexBrokers.com, indicating a stronger platform for research enthusiasts. EasyMarkets, while offering valuable tools, holds a 3.5-star rating and is ranked at 43, reflecting a competent, yet less distinguished, research offering compared to Pepperstone.
| 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 wide array of educational resources tailored for beginners diving into the world of forex and CFDs trading. From articles and videos to archived webinars, both platforms ensure that novice traders have access to more than 10 pieces of educational content. They both conduct at least one online educational client webinar monthly and maintain a searchable archive of past webinars. Beginners can find more than 10 educational videos on trading, giving them a solid foundation to start their investment journey.
However, when it comes to advanced educational content and additional learning aids like an investor dictionary with over 50 terms, Pepperstone and easyMarkets equally meet these criteria. Pepperstone distinguishes itself with a higher educational rating of 4.5 stars, compared to easyMarkets' 3.5 stars. Additionally, Pepperstone ranks 17th for Education out of 63 brokers as per ForexBrokers.com, surpassing easyMarkets' position at 39th. Therefore, while both brokers are commendable choices for comprehensive education, Pepperstone edges out with higher rankings and ratings.
| 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 63 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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