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Pepperstone vs Trading 212 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Pepperstone vs Trading 212, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Pepperstone
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 94
  • Tradeable Symbols (Total): 1726
Trading 212
4/5 Stars Overall
  • Minimum Deposit: €1
  • Trust Score: 82
  • Tradeable Symbols (Total): 7868

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.

Regulation

Pepperstone (founded 2010) and Trading 212 (founded 2004) are online brokers; neither is publicly traded or a bank. On ForexBrokers.com’s Trust Score scale, 90–99 = highly trusted, 80–89 = trusted, 70–79 = average risk, 60–69 = high risk, and under 59 = not trusted.

Regulation: each holds three Tier-1 licenses (considered highly trusted by ForexBrokers.com). Pepperstone also holds two Tier-2 licenses (trusted), while Trading 212 holds none. Pepperstone’s Trust Score is 94 (highly trusted); Trading 212’s is 82 (trusted).

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Year Founded info 2010 2004
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 3 3
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 0

Fees

Pepperstone vs. Trading 212 on costs: Pepperstone earns 5/5 stars and ranks #6 of 63 brokers for Commissions and Fees at ForexBrokers.com, while Trading 212 scores 4/5 stars and ranks #27. The key difference is pricing style. Pepperstone’s Razor account aims for low spreads plus a separate commission, whereas Trading 212 markets zero-commission CFD trading but relies on the spread for revenue.

Pepperstone’s Razor account (available on TradingView, MT4/MT5, and cTrader) listed an average EUR/USD spread of 0.10 pips as of July 2024; adding the commission-equivalent of 0.70 pips brings the all-in cost to about 0.80 pips—around the industry average. Its commission-free Standard account averaged 1.1 pips, making it pricier than Razor. High-volume and Professional clients can lower costs further via the Active Trader program: in the U.K. and EU, rebates start around 15% per lot on spreads paid at £20m+ monthly forex volume and rise to 25% above £200m; in Australia, tiered discounts reduce spreads by about 10% to 30% from 100 lots to 3001+ lots per month (eligibility rules apply).

Trading 212 charges no commission on CFDs, but you pay the spread. For April 2025, the broker’s published average EUR/USD spread was 2.7 pips—well above the industry average and higher than Pepperstone’s Razor all-in cost. With a €10 minimum for the CFD account (the Invest account minimum is €1), Trading 212 offers simple pricing, but active forex and CFD traders focused on low trading costs will generally find Pepperstone more competitive.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Minimum Deposit info $0 €1
Average spread (EUR/USD) - Standard account info 1.1 info 2.7 info
All-in Cost EUR/USD - Active info 0.8 info 2.7 info
Non-wire bank transfer info Yes Yes
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Pepperstone and Trading 212 both support forex trading via contracts such as CFDs or spot, and both provide crypto CFDs. However, Trading 212 delivers a much wider selection overall: 7,868 tradeable instruments and 146 forex pairs versus Pepperstone’s 1,726 instruments and 65 forex pairs. Trading 212 also lets you buy exchange-traded shares on U.S. and international markets (think Apple or Vodafone) and even purchase actual crypto, while Pepperstone does not offer real shares or delivered crypto.

If copy trading matters, Pepperstone has it and Trading 212 does not. For pure breadth, Trading 212 leads, earning 5/5 stars for Range of Investments and ranking #15 of 63 brokers, compared with Pepperstone’s 4/5 stars and #23 ranking. In short, choose Trading 212 if you want the largest selection with direct share and crypto access; pick Pepperstone if copy trading and a focused CFD/forex lineup fit your plan.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1726 7868
Forex Pairs (Total) info 65 146
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No Yes
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Pepperstone and Trading 212 both deliver user-friendly trading platforms and tools. Each offers a free demo (paper) account, a proprietary platform, a web-based platform, and the ability to place trades directly from charts. For Trading Platforms and Tools, both earned 4 stars, with Trading 212 ranked #19 and Pepperstone #21 out of 63 brokers by ForexBrokers.com. Specific counts for built-in indicators and watchlist columns were not provided.

The key differences come down to software choices and features. Pepperstone supports a Windows desktop download and offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with copy trading. Trading 212 does not provide a Windows desktop download, MT4 or MT5, or copy trading, but it does have its own in-house web platform. If you want MT4/MT5, copy trading, or a Windows app, Pepperstone may suit you. If you prefer a streamlined, browser-first experience and value a slightly higher category ranking, Trading 212 is a solid pick.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
Charting - Indicators / Studies (Total) info 15 54
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Pepperstone and Trading 212 both offer mobile trading apps for iPhone and Android. Each app supports watchlist syncing with your online account, so changes carry over between devices. You can set stock and forex price alerts on both, draw trendlines on charts, and your drawings auto-save for the next session.

For charting tools, Pepperstone includes 30 technical studies, while Trading 212 offers 104, giving more indicator choices. Both apps are rated 4 out of 5 stars. In ForexBrokers.com’s Mobile Trading Apps category, Trading 212 ranks #17 out of 63 brokers, while Pepperstone ranks #19, making Trading 212 a slight favorite for mobile charting depth, with Pepperstone still delivering a strong, well-rated experience.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 30 104
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing Pepperstone vs Trading 212 for market research, Pepperstone offers daily market commentary while Trading 212 does not. Both brokers deliver forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, provide a sentiment tool that shows long/short positioning, and include an economic calendar. Pepperstone also adds Autochartist tools for technical and fundamental analysis, which Trading 212 lacks. Neither broker offers research from Trading Central, TipRanks, or Acuity Trading.

These differences are reflected in independent ratings: Pepperstone earns 4.5/5 stars and ranks #12 out of 63 brokers for Research at ForexBrokers.com, while Trading 212 scores 3.5/5 stars and ranks #32. If you want extra in-platform analysis and day-to-day commentary, Pepperstone is the stronger choice; if you only need core news, sentiment data, and a calendar, Trading 212 covers the basics.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central info No No
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Pepperstone and Trading 212 both give beginners plenty to watch, with at least 10 beginner videos and at least 10 advanced videos to help you grow from the basics to more skilled trading. A key difference is live learning: Pepperstone hosts educational client webinars at least once a month, while Trading 212 does not offer webinars. If you value live sessions where you can learn in real time, Pepperstone has the edge.

On overall education quality, Pepperstone is rated 4.5 out of 5 stars and ranks #15 out of 63 brokers for Education on ForexBrokers.com. Trading 212 is rated 3.5 out of 5 stars and ranks #20. In short, both platforms support self-paced learning with beginner and advanced videos, but Pepperstone’s higher rating and monthly webinars make it the stronger pick for most new traders seeking guided learning.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Pepperstone is better than Trading 212. Pepperstone finished with an overall rank of #17, while Trading 212 finished with an overall rank of #25.

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

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 94 82
Range of Investments 4/5 Stars 5/5 Stars
Trading Fees 5/5 Stars 4/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Pepperstone or Trading 212?

Pepperstone vs Trading 212: Pepperstone does not offer buying actual (delivered) cryptocurrency but does support cryptocurrency CFDs, while Trading 212 provides both real crypto purchases and crypto CFD trading.

What funding options does each broker offer?

Pepperstone vs Trading 212: both brokers support ACH/SEPA transfers and bank wire deposits/withdrawals, Pepperstone additionally accepts PayPal (Trading 212 does not), neither supports Skrill, and Visa/Mastercard availability is not specified.

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Overall Rating Pepperstone Trading 212
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 94 82
Winner check_circle
Review Pepperstone Review Trading 212 Review
Broker Screenshots Pepperstone Trading 212
Broker Gallery (click to expand) info
Pepperstone cTrader mobile watchlist Pepperstone TradingView platform web. Pepperstone research The Daily Fix analysis articles. Pepperstone educational learning center.
Trading 212 mobile trading app sentiment Trading 212 web platform Trading 212 mobile trading app economic calendar Trading212 community forum.
Regulation Pepperstone Trading 212
Trust Score info 94 82
Year Founded info 2010 2004
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 3 3
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 0
Tier-1 Licenses (Highly Trusted) Pepperstone Trading 212
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (FSA Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Pepperstone Trading 212
Kenya (CMA Authorised) info Yes
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or CMA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Pepperstone Trading 212
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1726 7868
Forex Pairs (Total) info 65 146
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No Yes
Cryptocurrency (CFDs) info 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 Trading 212
Average spread (EUR/USD) - Standard account info 1.1 info 2.7 info
All-in Cost EUR/USD - Active info 0.8 info 2.7 info
Inactivity Fee info No No
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding Pepperstone Trading 212
Minimum Deposit info $0 €1
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No No
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes Yes
Trading Platforms Pepperstone Trading 212
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info Yes No
Trading Tools Pepperstone Trading 212
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 15 54
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Pepperstone Trading 212
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 30 104
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research Pepperstone Trading 212
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central info No No
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education Pepperstone Trading 212
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Major Forex Pairs Pepperstone Trading 212
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Pepperstone Review Trading 212 Review
Overall Pepperstone Trading 212
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 94 82
Winner check_circle
Review Pepperstone Review Trading 212 Review
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