Pepperstone vs easyMarkets Review
Is easyMarkets better than Pepperstone? After scoring forex brokers on nearly 100 different variables, Pepperstone is better than easyMarkets. Pepperstone is an agency-execution broker offering competitive fees on its commission-based Razor Account, giving traders access to nearly 90 instruments, including forex and CFDs on popular markets including cryptocurrencies, across multiple third-party trading platforms.
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. Pepperstone is a better option with a 4.00 star rating over easyMarkets's 3.00 star rating.
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. Both easyMarkets and Pepperstone are regulated in a major hub. easyMarkets nor Pepperstone are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. Pepperstone trails easyMarkets by 38 total currency pairs (for example, EUR/USD), with easyMarkets offering 97 and Pepperstone offering 59.
To round out our comparison of easyMarkets vs Pepperstone, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. easyMarkets and Pepperstone both offer Meta Trader. 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. Both easyMarkets and Pepperstone provide clients with access to 31 total charting tools. easyMarkets and Pepperstone offer the same number of indicators (eg, volume), 51.
Trading CFDs, FX, and cryptocurrencies involves 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 02/18/2019 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.