Written by ForexBrokers.com
In this head to head comparison of Pepperstone vs RoboForex, 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 RoboForex, two established online brokers, have been navigating the world of forex trading since 2010 and 2009, respectively. Neither company is publicly traded nor operates as a bank. However, their approach to ensuring trust and reliability for traders significantly differs. Pepperstone holds three Tier-1 licenses, which are regarded as highly trusted by ForexBrokers.com, and two Tier-2 licenses, leading to an impressive Trust Score of 95 out of 99. This score places Pepperstone in the "highly trusted" category, reflecting its commitment to regulatory compliance and trader security.
Conversely, RoboForex holds one Tier-1 license and lacks Tier-2 licenses, which results in a ForexBrokers.com Trust Score of 73 out of 99. This rating indicates an average risk level, suggesting that while RoboForex is a recognized player in the industry, it offers a different trust profile compared to Pepperstone. For traders prioritizing regulatory backing and trustworthiness, Pepperstone's higher number of top-tier licenses might offer an appealing edge over RoboForex.
| Feature |
Pepperstone
|
RoboForex
|
|---|---|---|
| Year Founded | 2010 | 2009 |
| 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 | 2 |
Pepperstone delivers lower trading costs than RoboForex on EUR/USD, especially if you use its Razor account. Pepperstone earns 4.5/5 stars for commissions and fees and ranks #11 of 63 brokers, while RoboForex earns 3.5/5 stars and ranks #56 of 63. If tight spreads and transparent pricing are priorities, Pepperstone generally comes out ahead.
Pepperstone’s Razor account (as of July 2024) lists a 0.10‑pip average spread on EUR/USD; once you include the commission-equivalent of 0.70 pips, the all‑in cost is about 0.80 pips. Its Standard account is commission‑free with an average 1.1‑pip spread, making it pricier than Razor. High‑volume traders can lower costs further via the Active Trader program: in the U.K./EU, eligible Professional clients can receive spread rebates from 15% per lot (at £20M+ monthly FX volume) up to 25% (at £200M+). In Australia, Professional clients can see reductions from 10% per standard lot at the entry tier to 30% for 3001+ lots per month.
RoboForex’s Procent and Pro accounts show average EUR/USD spreads of 1.3 pips, which is higher than Pepperstone’s Razor all‑in 0.80 pips and even above Pepperstone’s 1.1‑pip Standard spread. For traders focused on minimizing commissions and fees, Pepperstone typically offers the more cost‑effective path, with added savings available for higher volumes.
| Feature |
Pepperstone
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.00 | 1.3 |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Pepperstone and RoboForex both support forex trading via CFDs/spot and offer copy trading. You can also trade cryptocurrency CFDs at either broker; however, neither provides access to actual (delivered) crypto or to real, exchange‑traded shares on U.S. or international stock exchanges.
For breadth, RoboForex lists about 8,400 tradeable symbols versus Pepperstone’s 1,726. Forex enthusiasts may prefer Pepperstone’s wider currency lineup (65 pairs) over RoboForex’s 28 pairs. Reflecting these differences, ForexBrokers.com rates RoboForex 4.5/5 stars and ranks it #21 of 63 for Range of Investments, while Pepperstone earns 4/5 stars and ranks #27. In short: choose RoboForex for overall market variety, or Pepperstone if you value more forex pair choices.
| Feature |
Pepperstone
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1726 | 8400 |
| Forex Pairs (Total) | 65 | 28 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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 RoboForex both make it easy to get started with a free demo (paper) trading account and support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each broker offers web-based and Windows desktop platforms, copy trading, and the ability to place trades directly from charts. A key difference is that Pepperstone also provides its own in-house platform option, while RoboForex sticks to third‑party platforms.
In the Trading Platforms and Tools category, both brokers earn 4 out of 5 stars. However, according to ForexBrokers.com’s rankings out of 63 brokers, Pepperstone places higher at #22, while RoboForex is #44—useful context if platform depth and toolset ranking matter in your choice.
| Feature |
Pepperstone
|
RoboForex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Pepperstone and RoboForex both deliver mobile trading apps for iPhone and Android with price alerts, 30 built-in technical studies, the ability to draw trendlines, and auto-saving for chart drawings. The key difference is watchlists: Pepperstone syncs watchlists between the mobile app and your online account, while RoboForex does not, which can matter if you switch often between phone and desktop.
Both apps earn 4 out of 5 stars for Mobile Trading Apps. However, in ForexBrokers.com’s rankings out of 63 brokers, Pepperstone places at #21, while RoboForex sits at #44. If cross-device watchlist syncing is important, Pepperstone has the edge; if you just need alerts and solid charting tools on the go, either app can do the job.
| Feature |
Pepperstone
|
RoboForex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Pepperstone and RoboForex provide daily market commentary, forex news from top-tier sources (e.g., Bloomberg, Reuters, Dow Jones), and an economic calendar. Their research tools differ: Pepperstone includes Autochartist for chart pattern ideas and offers a sentiment tool that shows the ratio of long vs. short positions across instruments. RoboForex does not include Autochartist or a sentiment gauge, but it adds research from Trading Central and tools from Acuity Trading (such as Signal Centre). Neither broker offers TipRanks.
In testing by ForexBrokers.com, Pepperstone earned 4.5 out of 5 stars for Research and ranked #12 of 63 brokers, while RoboForex received 3.5 stars and ranked #38. If you value Autochartist insights and trader sentiment data, Pepperstone may fit better; if you prefer Trading Central and Acuity Trading signals, RoboForex has an edge.
| Feature |
Pepperstone
|
RoboForex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Pepperstone is the stronger pick for beginners who want clear, steady guidance. It offers a wide library of forex and CFD lessons, runs client webinars every month, and includes 10+ beginner videos along with a deep set of advanced videos for when you progress. On ForexBrokers.com, Pepperstone earns 4.5 out of 5 stars for Education and ranks #17 out of 63 brokers.
RoboForex’s education is lighter by comparison. It does not host monthly client webinars and doesn’t provide 10+ beginner or advanced video lessons, so new traders may find fewer structured materials to follow. ForexBrokers.com rates RoboForex 3.5 out of 5 stars for Education and ranks it #57 out of 63 brokers.
| Feature |
Pepperstone
|
RoboForex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | 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 RoboForex. Pepperstone finished with an overall rank of #16, while RoboForex finished with an overall rank of #46.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
| Feature |
Pepperstone
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RoboForex
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|---|---|---|
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| Trust Score | 95 | 73 |
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When comparing online brokers Pepperstone vs RoboForex for cryptocurrency trading, neither allows purchasing actual (delivered) crypto, but both provide access to cryptocurrency CFDs.
Pepperstone and RoboForex both accept ACH/SEPA for deposits and withdrawals; Pepperstone additionally supports PayPal and bank wires and does not support Skrill, while RoboForex’s support for PayPal, Skrill, Visa/Mastercard, and bank wires—and Pepperstone’s Visa/Mastercard support—was not specified.
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 | RoboForex | |
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| Trust Score | 95 | 73 | |
| Winner | check_circle | ||
| Review | Pepperstone Review | RoboForex Review |
| Broker Screenshots | Pepperstone | RoboForex | |
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| Regulation | Pepperstone | RoboForex | |
|---|---|---|---|
| Trust Score | 95 | 73 | |
| Year Founded | 2010 | 2009 | |
| 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 | 2 |
| Tier-1 Licenses (Highly Trusted) | Pepperstone | RoboForex | |
|---|---|---|---|
| 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) | |||
| 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 | RoboForex | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Pepperstone | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1726 | 8400 | |
| Forex Pairs (Total) | 65 | 28 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | RoboForex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.00 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Pepperstone | RoboForex | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | Pepperstone | RoboForex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | Pepperstone | RoboForex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Pepperstone | RoboForex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Pepperstone | RoboForex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Pepperstone | RoboForex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Pepperstone | RoboForex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Pepperstone Review | RoboForex Review |
| Overall | Pepperstone | RoboForex | |
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| Trust Score | 95 | 73 | |
| Winner | check_circle | ||
| Review | Pepperstone Review | RoboForex Review |
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