CMC Markets vs. Pepperstone Comparison

This comparison guide assists individuals who struggle to select between CMC Markets and Pepperstone to discover the best online broker for their trading and investment demands. It evaluates the main features of the two brokers side by side to help users contrast their solution and make an educated decision.

To help individuals select the ideal broker between CMC Markets and Pepperstone to locate the best-suited platform, listed below is a list of broker’s advantages and disadvantages, adhered to by a contrast of their main trading functions, including trading systems & tools, charges, mobile trading, deposit & withdrawal, assets, regulation, and consumer assistance.

CMC Markets vs. Pepperstone: Summary

CMC Markets logo

CMC Markets is a UK based online broker founded in 1989. It is regulated by three tier-one regulators including the FCA, ASIC and CIRO. Users can trade on over 12.500 tradable instruments including shares, forex and CFDs.

CMC Markets proprietary trading platform called Next Generation offers various advanced trading tools, an extensive education section and reliable trade execution.

CMC Markets charges low forex spreads from 0.7 pips (EUR/USD) and 0% commission. Additional bonuses and rebates for active traders makes CMC Markets a low cost broker.

CMC’s customer service is available by phone, email and live chat only 24/5 (from Sunday to Friday night).

Pepperstone logo

Pepperstone is an Australian based forex and CFD broker founded in 2010. The broker is regulated by top-tier financial authorities including the Financial Conduct Authority (FCA), the Dubai Financial Services Authority (DFSA) and the Australian Securities and Investments Commission (ASIC). Their platform offers access to 180 + financial instruments including forex and CFDs on stocks, indices, commodities and cryptocurrencies. The combined offering of cTrader, MetaTrader and various social trading features makes this broker a great fit for copy and algorithmic traders.

Pepperstone charges lower trading fees compared to other forex and CFD brokers like AvaTrade and IG. They charge zero spreads on most forex pairs and a fixed commission of $3,50.

Pepperstone’s customer service is available through phone, email, online chat and an extensive FAQ section.

Pros

  • Low minimum deposit ($0)
  • Low average spreads from 0.73 pips EUR/USD
  • Fast and reliable trade execution
  • Great research tools and educational materials
  • Bonus and rebate program

Cons

  • High stock trading fees
  • Customer service availability is limited (24/5)

Pros

  • Low minimum deposit ($0)
  • Low Forex spreads from 0.0 pips
  • Multiple third party integrations (MT4, MT5, cTrader, Tradingview)
  • Extensive Social trading features
  • Excellent education and research materials

Cons

  • Lack of video educational materials
  • Limited advanced order types

Key features

  • Competitive forex spreads
  • MT4 Compatibility
  • Access to 338 forex pairs and 9,000 shares
  • Comprehensive market research tools
  • Beginners and advanced trading features
  • Competitive pricing

Key features

  • 60+ Forex pairs and 700+ different CFDs
  • MetaTrader 4, MetaTrader 5, cTrader trading platforms
  • TradingView integration
  • Zero spreads on a few forex pairs including EUR/USD
  • Special set of tools for professional traders
  • Islamic swap-free account available

CMC Markets vs. Pepperstone Comparison

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Compare brokers
CMC Markets logo

CMC Markets

Open account Read review

65% of retail CFD accounts lose money

Pepperstone logo

Pepperstone

Open account Read review

74-89% of retail CFD accounts lose money

BROKER COMPARISON

CMC Markets logo
Pepperstone logo

Overall rating

4,0/5

4,9/5

Overall rating

4,0/5

4,9/5

Trading Platform & Tools

4.2

4.8

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1:500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.7

4.9

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0
Cost Per Trade 0 0
Cost Per Month £10 0
Forex (EUR/USD) 0.7 pips 0.6
Stocks & ETF 0 0
CFD (Gold) 3.4 pips 1.3
Crypto 0 0
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.9

4.7

See details
Minimum deposit (in UAE) 0 $0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.2

4.8

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex 330 63
CFD Indices & Funds 98 123
CFD Stocks 9500 600
CFD Commodities 100 31
CFD Crypto 0 23
CFD Bonds 50 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

4.9

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.8

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

CMC Markets vs. Pepperstone Comparison Conclusion

The outcomes of our contrast of CMC Markets vs. Pepperstone are involved the table below.

Broker:Best For:
CMC MarketsForex and CFDs
PepperstoneForex and CFDs and algorithmic trading

Choosing the right choice between CMC Markets and Pepperstone can be challenging. Both online brokers have similarities yet differ concerning trading instruments, systems & applications, guideline, deposit & withdrawals, and research and education. Selecting the best broker depends on customers’ trading & financial investment objectives, individual preferences, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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