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Pepperstone vs Trading 212 2025

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: 95
  • Tradeable Symbols (Total): 1726
Trading 212
4/5 Stars Overall
  • Minimum Deposit: €1
  • Trust Score: 80
  • 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 and Trading 212 are two prominent online brokers, each offering unique strengths in the trading world. Established in 2010, Pepperstone has quickly built a reputation as a highly trusted platform with a Trust Score of 95 according to ForexBrokers.com. This score reflects Pepperstone's strong regulatory standing, supported by three Tier-1 licenses and two Tier-2 licenses, which signify highly trusted and trusted categories respectively. In comparison, Trading 212, founded earlier in 2004, holds a Trust Score of 80 and also possesses three Tier-1 licenses but lacks any Tier-2 licenses, indicating a slightly less extensive regulatory backing.

Neither Pepperstone nor Trading 212 is publicly traded or operates as a bank, yet both are committed to providing secure and reliable trading services. Pepperstone's high trust score and multiple regulatory licenses suggest a more robust oversight compared to Trading 212. However, Trading 212 still maintains a strong level of trustworthiness with its Tier-1 licenses. This makes both brokers appealing choices for online traders depending on individual preferences for regulatory assurances and trust levels.

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 generally offers lower trading costs than Trading 212 for forex and CFDs. On its Razor account, Pepperstone’s average all-in cost for EUR/USD is about 0.80 pips (0.10-pip spread plus a 0.70-pip commission equivalent, July 2024), which is close to the industry average. Trading 212, by contrast, published an average EUR/USD spread of 2.7 pips in April 2025, which is notably higher. Result: Pepperstone is rated 4.5/5 stars for Commissions and Fees and ranks #11 of 63 brokers at ForexBrokers.com, while Trading 212 is rated 4/5 stars and ranks #50 of 63.

Pepperstone’s pricing depends on the account. The Razor account uses commission-based pricing and is available on TradingView, MT4/MT5, and cTrader. The Standard account is commission-free but has a higher 1.1-pip average spread on EUR/USD (July 2024), making it pricier than Razor’s 0.80-pip all-in cost. High-volume traders can cut costs further with Pepperstone’s Active Trader program: in the UK/EU, Professional clients trading at least £20 million per month may get a 15% spread rebate per lot, scaling up to 25% beyond £200 million; in Australia, Professional clients can qualify for spread reductions from 10% (Tier One) to 30% (Tier Three) based on monthly lot thresholds.

Trading 212 markets zero-commission trading on its CFD account, but you still pay the spread—and its published average for EUR/USD was 2.7 pips in April 2025. That’s meaningfully higher than many leading brokers and helps explain its lower ranking in this category. While it’s positive that Trading 212 now discloses average spread data, traders focused on tight pricing may find Pepperstone’s Razor account more cost-effective for frequent forex and CFD trading.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Minimum Deposit info $0 €1
Average Spread EUR/USD - Standard info 1.00 info 2.7 info
All-in Cost EUR/USD - Active info 0.70 info 2.7 info
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info Yes Yes
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When it comes to range of investments, Trading 212 offers far more choice than Pepperstone. Trading 212 lists 7,868 tradeable symbols and 146 forex pairs, while Pepperstone has 1,726 symbols and 65 forex pairs. Both brokers let you trade forex as CFDs/spot and both support crypto derivatives, but neither lets you buy actual cryptocurrency.

Trading 212 also lets you buy real, exchange-traded shares on U.S. and international markets, which Pepperstone does not offer. Pepperstone counters with copy trading, which Trading 212 doesn’t support. Based on Range of Investments, ForexBrokers.com rates Pepperstone 4 out of 5 stars (ranked 27 of 63) and Trading 212 5 out of 5 stars (ranked 16 of 63). Choose Trading 212 if you want the widest selection and access to real stocks; consider Pepperstone if copy trading is a priority.

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. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 vs Trading 212: both online brokers offer free demo (paper) accounts, a proprietary platform, and a web-based platform. Pepperstone also provides a Windows desktop app and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Trading 212 does not offer a desktop download and does not support MT4 or MT5. If you want copy trading, Pepperstone has it; Trading 212 does not. Both platforms let you place trades directly from a chart. For watch lists, Pepperstone offers 7 columns/fields compared with 5 on Trading 212.

For trading platforms and tools, both brokers earned 4 out of 5 stars. ForexBrokers.com ranks Trading 212 slightly higher (#20 of 63) than Pepperstone (#22 of 63). Choose Pepperstone if you want MT4/MT5, a Windows app, and copy trading. Pick Trading 212 if you prefer an in-house web platform and don’t need desktop software.

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
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade [DELETED] info
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 15 54
Charting - Drawing Tools (Total) [DELETED] info
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 5

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

Forex trading apps

Both Pepperstone and Trading 212 offer mobile apps for iPhone and Android users, providing a seamless trading experience on the go. Traders can receive real-time stock or forex price alerts and manage watchlists that sync with their online accounts across both platforms, ensuring that all changes are updated automatically. Both apps also support the drawing of trendlines and viewing charts in multiple time frames, from daily to intraday, with the convenience of auto-saving chart drawings.

However, when it comes to charting tools, Trading 212 offers a more extensive selection with 104 technical studies compared to Pepperstone's 30. Although both apps are rated 4 stars for mobile trading, Trading 212 holds a slightly higher ranking at #17 versus Pepperstone's #21 out of 63 brokers according to ForexBrokers.com. Whether you prioritize a wide range of technical tools or seamless integration, both apps are strong contenders in the mobile trading space.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 30 104
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Pepperstone vs Trading 212 research: Pepperstone stands out for offering daily market commentary, while Trading 212 does not. Both brokers stream forex news from leading sources like Bloomberg, Reuters, or Dow Jones and include an economic calendar and a sentiment tool showing long/short positioning. Pepperstone adds Autochartist for technical and fundamental ideas, which Trading 212 lacks. Neither broker provides Trading Central, TipRanks, or Acuity Trading tools.

On performance, Pepperstone earns 4.5/5 stars for Research and ranks #12 out of 63 brokers at ForexBrokers.com. Trading 212 scores 3.5/5 stars and ranks #45. If you want daily insights and extra analytics from Autochartist, Pepperstone is the stronger pick. If you only need core features like news, a calendar, and sentiment, Trading 212 covers the basics.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
Client sentiment data info Yes Yes
TipRanks info No No
Signal Centre (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 deliver plenty of learning material for new traders. Each offers 10+ forex and CFD lessons, beginner and advanced video libraries, a searchable archive of recorded webinars, and an investor dictionary with 50+ terms. The key difference is live instruction: Pepperstone runs client webinars at least once a month, while Trading 212 does not schedule ongoing webinars.

In independent reviews, Pepperstone earns 4.5 out of 5 stars for education and ranks #17 out of 63 brokers at ForexBrokers.com, compared with Trading 212’s 3.5 stars and #21 ranking. If you value live coaching and a more guided start, Pepperstone has the edge. If you prefer self-paced videos and reading without live sessions, Trading 212 can still cover the basics well.

Feature Pepperstone logoPepperstone
Trading 212 logoTrading 212
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) 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 #16, while Trading 212 finished with an overall rank of #31.

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 95 80
Range of Investments 4/5 Stars 5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 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?

Both Pepperstone and Trading 212 do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options to purchase cryptocurrency derivatives.

What funding options does each broker offer?

Both Pepperstone and Trading 212 provide numerous deposit and withdrawal methods, allowing users to transact via ACH or SEPA transfers, PayPal, Visa or Mastercard, and bank wires, but unlike Trading 212, Pepperstone also supports Skrill.




announcementPlease 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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Compare

0 of 5
Overall Rating Pepperstone Trading 212
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 5/5 Stars
Platforms & Tools 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 95 80
Winner check_circle
Review Pepperstone Review Trading 212 Review
Broker Screenshots Pepperstone Trading 212
Broker Gallery (click to expand) info
Regulation Pepperstone Trading 212
Trust Score info 95 80
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 (SFC 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 SCA 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. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 info 1.00 info 2.7 info
All-in Cost EUR/USD - Active info 0.70 info 2.7 info
Active Trader or VIP Discounts info Yes No
Inactivity Fee info No No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Pepperstone Trading 212
Minimum Deposit info $0 €1
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers 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
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info Yes No
DupliTrade [DELETED] info
ZuluTrade info No No
Trading Tools Pepperstone Trading 212
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 5
Charting - Indicators / Studies (Total) info 15 54
Charting - Drawing Tools (Total) [DELETED] info
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 Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 30 104
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Pepperstone Trading 212
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education Pepperstone Trading 212
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Pepperstone Trading 212
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Pepperstone Review Trading 212 Review
Overall Pepperstone Trading 212
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 5/5 Stars
Platforms & Tools 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 95 80
Winner check_circle
Review Pepperstone Review Trading 212 Review
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