Pepperstone vs Trading 212 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.
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.
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 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 |
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Year Founded | 2010 | 2004 |
Publicly Traded (Listed) | No | No |
Bank | No | No |
Tier-1 Licenses | 3 | 3 |
Tier-2 Licenses | 2 | 0 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 2 | 0 |
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 |
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Minimum Deposit | $0 | €1 |
Average Spread EUR/USD - Standard | 1.00 | 2.7 |
All-in Cost EUR/USD - Active | 0.70 | 2.7 |
Active Trader or VIP Discounts | Yes | No |
ACH or SEPA Transfers | Yes | Yes |
PayPal (Deposit/Withdraw) | Yes | Yes |
Skrill (Deposit/Withdraw) | Yes | No |
Visa/Mastercard (Credit/Debit) | Yes | Yes |
Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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 |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 1726 | 7868 |
Forex Pairs (Total) | 65 | 146 |
U.S. Stock Trading (Non CFD) | No | Yes |
Int'l Stock Trading (Non CFD) | No | Yes |
Social Trading / Copy Trading | Yes | No |
Cryptocurrency (Physical) | No | No |
Cryptocurrency (Derivative) | 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 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 |
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Virtual Trading (Demo) | Yes | Yes |
Proprietary Desktop Trading Platform | Yes | Yes |
Desktop Platform (Windows) | Yes | No |
Web Platform | Yes | Yes |
Social Trading / Copy Trading | Yes | No |
MetaTrader 4 (MT4) | Yes | No |
MetaTrader 5 (MT5) | Yes | No |
DupliTrade [DELETED] | ||
ZuluTrade | No | No |
Charting - Indicators / Studies (Total) | 15 | 54 |
Charting - Drawing Tools (Total) [DELETED] | ||
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
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 |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | Yes | Yes |
Mobile Charting - Indicators / Studies | 30 | 104 |
Mobile Charting - Draw Trendlines | Yes | Yes |
Mobile Charting - Multiple Time Frames | Yes | Yes |
Mobile Charting - Drawings Autosave | Yes | Yes |
Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
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 |
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Daily Market Commentary | Yes | No |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | Yes | No |
Trading Central (Recognia) | No | No |
Client sentiment data | Yes | Yes |
TipRanks | No | No |
Signal Centre (Acuity Trading) | No | No |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
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 |
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Education (Forex or CFDs) | Yes | Yes |
Client Webinars | Yes | No |
Client Webinars (Archived) | Yes | Yes |
Videos - Beginner Trading Videos | Yes | Yes |
Videos - Advanced Trading Videos | Yes | Yes |
Investor Dictionary (Glossary) | Yes | Yes |
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 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.
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Overall Rating |
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Trust Score | 95 | 80 |
Range of Investments |
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Commissions & Fees |
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Platforms & Tools |
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Research |
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Mobile Trading |
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Education |
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Both Pepperstone and Trading 212 do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options to purchase cryptocurrency derivatives.
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.
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 5Overall Rating | Pepperstone | Trading 212 | |
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Overall Rating |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 95 | 80 | |
Winner | check_circle | ||
Review | Pepperstone Review | Trading 212 Review |
Broker Screenshots | Pepperstone | Trading 212 | |
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Broker Gallery (click to expand) |
Regulation | Pepperstone | Trading 212 | |
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Trust Score | 95 | 80 | |
Year Founded | 2010 | 2004 | |
Publicly Traded (Listed) | No | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
Tier-1 Licenses | 3 | 3 | |
Tier-2 Licenses | 2 | 0 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 2 | 0 |
Tier-1 Licenses (Highly Trusted) | Pepperstone | Trading 212 | |
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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 | Yes | |
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 | Trading 212 | |
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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 | Trading 212 | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 1726 | 7868 | |
Forex Pairs (Total) | 65 | 146 | |
U.S. Stock Trading (Non CFD) | No | Yes | |
Int'l Stock Trading (Non CFD) | No | Yes | |
Social Trading / Copy Trading | Yes | No | |
Cryptocurrency (Physical) | No | No | |
Cryptocurrency (Derivative) | 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 | 1.00 | 2.7 | |
All-in Cost EUR/USD - Active | 0.70 | 2.7 | |
Active Trader or VIP Discounts | Yes | No | |
Inactivity Fee | No | No | |
Execution: Agency Broker | Yes | Yes | |
Execution: Market Maker | Yes | Yes |
Funding | Pepperstone | Trading 212 | |
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Minimum Deposit | $0 | €1 | |
PayPal (Deposit/Withdraw) | Yes | Yes | |
Skrill (Deposit/Withdraw) | Yes | No | |
Visa/Mastercard (Credit/Debit) | Yes | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | Yes | Yes |
Trading Platforms | Pepperstone | Trading 212 | |
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Proprietary Desktop Trading Platform | Yes | Yes | |
Desktop Platform (Windows) | Yes | No | |
Web Platform | Yes | Yes | |
Social Trading / Copy Trading | Yes | No | |
MetaTrader 4 (MT4) | Yes | No | |
MetaTrader 5 (MT5) | Yes | No | |
cTrader | Yes | No | |
DupliTrade [DELETED] | |||
ZuluTrade | No | No |
Trading Tools | Pepperstone | Trading 212 | |
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Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 7 | 5 | |
Charting - Indicators / Studies (Total) | 15 | 54 | |
Charting - Drawing Tools (Total) [DELETED] | |||
Charting - Trade From Chart | Yes | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | Pepperstone | Trading 212 | |
---|---|---|---|
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 | 30 | 104 | |
Mobile Charting - Draw Trendlines | Yes | Yes | |
Mobile Charting - Multiple Time Frames | Yes | Yes | |
Mobile Charting - Drawings Autosave | Yes | Yes | |
Mobile Economic Calendar | Yes | Yes |
Research | Pepperstone | Trading 212 | |
---|---|---|---|
Daily Market Commentary | Yes | No | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | Yes | No | |
Trading Central (Recognia) | No | No | |
TipRanks | No | No | |
Client sentiment data | Yes | Yes | |
Economic Calendar | Yes | Yes |
Education | Pepperstone | Trading 212 | |
---|---|---|---|
Education (Forex or CFDs) | Yes | Yes | |
Client Webinars | Yes | No | |
Client Webinars (Archived) | Yes | Yes | |
Videos - Beginner Trading Videos | Yes | Yes | |
Videos - Advanced Trading Videos | Yes | Yes | |
Investor Dictionary (Glossary) | Yes | Yes |
Major Forex Pairs | Pepperstone | Trading 212 | |
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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 | Pepperstone Review | Trading 212 Review |
Overall | Pepperstone | Trading 212 | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 95 | 80 | |
Winner | check_circle | ||
Review | Pepperstone Review | Trading 212 Review |