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Plus500 vs Pepperstone 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is Plus500 better than Pepperstone? In our analysis of 23 international regulators across 62 of the best forex brokers, Plus500 is considered low-risk, with an overall trust score of 98 out of 99. Pepperstone is considered low-risk, with an overall Trust Score of 93 out of 99. Learn more about Trust Score.

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Overall RatingPlus500Pepperstone
Overall Rating 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 4/5 Stars 4/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.5/5 Stars
Education 3.5/5 Stars 4/5 Stars
Trust Score 98 93
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Review Plus500 Review Pepperstone Review
RegulationPlus500Pepperstone
Trust Score 98 93
Year Founded 2008 2010
Publicly Traded (Listed) Yes No
Bank No No
Authorised in European Union Yes info Yes info
Tier-1 Licenses 4 2
Tier-2 Licenses 3 2
Tier-3 Licenses 0 1
Tier-1 Licenses (High Trust)Plus500Pepperstone
ASIC Authorised (Australia) Yes Yes
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) Yes No
MAS Authorised (Singapore) Yes No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes Yes
CFTC Registered (USA) No No
FMA Authorised (New Zealand) Yes No
Tier-2 Licenses (Average Trust)Plus500Pepperstone
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) Yes Yes
SEBI Authorised (India) No No
ISA Authorised (Israel) Yes No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) Yes No
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No Yes
Tier-3 Licenses (Low Trust)Plus500Pepperstone
SCB Authorised (Bahamas) No Yes
IFSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No No
InvestmentsPlus500Pepperstone
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 2800 1200
Forex Pairs (Total) 71 62
U.S. Stock Trading (Non CFD) Yes No
Int'l Stock Trading (Non CFD) Yes No
Social Trading / Copy Trading No Yes
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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).
CostPlus500Pepperstone
Average Spread EUR/USD - Standard 0.6 (as of Aug 2018) 0.77 (September 2022)
All-in Cost EUR/USD - Active N/A 0.87 (September 2022)
Active Trader or VIP Discounts No Yes
Execution: Agency Broker No Yes
Execution: Market Maker Yes No
FundingPlus500Pepperstone
Minimum Initial Deposit โ‚ฌ100 $200
PayPal (Deposit/Withdraw) Yes Yes
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsPlus500Pepperstone
Proprietary Platform Yes No
Desktop Platform (Windows) No Yes
Web Platform Yes Yes
Social Trading / Copy Trading No Yes
MetaTrader 4 (MT4) No Yes
MetaTrader 5 (MT5) No Yes
cTrader No Yes
DupliTrade No Yes
ZuluTrade No No
Trading ToolsPlus500Pepperstone
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 9 7
Charting - Indicators / Studies (Total) 110 15
Charting - Drawing Tools (Total) 21 30
Charting - Trade From Chart No Yes
Charts can be saved Yes Yes
Mobile TradingPlus500Pepperstone
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing Yes Yes
Mobile Charting - Indicators / Studies 110 30
Mobile Charting - Draw Trendlines Yes Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave No Yes
Forex Calendar Yes Yes
ResearchPlus500Pepperstone
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) No Yes
Autochartist No Yes
Trading Central (Recognia) Yes No
Social Sentiment - Currency Pairs Yes Yes
Economic Calendar Yes Yes
EducationPlus500Pepperstone
Has 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 No Yes
Investor Dictionary (Glossary) No Yes
Major Forex PairsPlus500Pepperstone
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 Plus500 Review Pepperstone Review
OverallPlus500Pepperstone
Overall Rating 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 4/5 Stars 4/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.5/5 Stars
Education 3.5/5 Stars 4/5 Stars
Trust Score 98 93
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Review Plus500 Review Pepperstone Review
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Plus500 vs Pepperstone Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Plus500 vs Pepperstone.

Does Plus500 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 Plus500 or Pepperstone safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Plus500 holds 4 global Tier-1 licenses, while Pepperstone holds 2. Plus500 holds 3 global Tier-2 licenses, while Pepperstone holds 2. In our analysis of 23 international regulators across 50 brokers, Plus500 earned a higher Trust Score than Pepperstone.

Which trading platform is better: Plus500 or Pepperstone?

To compare the trading platforms of both Plus500 and Pepperstone, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Plus500 offers a better experience. With research, Pepperstone offers superior market research. Finally, we found Plus500 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. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

Plus500 provides traders 71 currency pairs (e.g., EUR/USD) compared to Pepperstone's 62 available pairs. Forex pairs aside, Plus500 offers traders access to 2800 CFDs while Pepperstone has 1200 available CFDs, a difference of 1600.

Can I trust Plus500?

Plus500 is publicly traded and does not operate a bank. Plus500 is authorised by five tier-1 regulators (high trust), three tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Plus500 is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and the Monetary Authority of Singapore (MAS).

Can I trust Pepperstone?

Pepperstone is not publicly traded and does not operate a bank. Pepperstone is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulators (low trust). Pepperstone is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA). Pepperstone is authorised by the following tier-2 regulators: Dubai Financial Services Authority (DFSA) and the Cyprus Securities and Exchange Commission (CySEC).

Is Plus500 good?

Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.

Is Pepperstone good?

Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.

Overall winner: Plus500

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We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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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