eToro vs. Pepperstone

Page Summary

eToro and Pepperstone are top online brokers with outstanding trading experiences. Both offer reliable social trading tools to traders of all levels of experience. eToro is a secure social trading broker with a transparent fee structure. It has licenses from the ASIC and FCA. eToro offers a premium platform and world-class social trading tools. We recommend it for advanced traders, as it provides limited educational tools. 

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eToro logo

eToro

Open account Read review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Pepperstone logo

Pepperstone

Open account Read review

74-89% of retail CFD accounts lose money

BROKER COMPARISON

eToro logo
Pepperstone logo

Overall rating

4,9/5

4,9/5

Overall rating

4,9/5

4,9/5

Trading Platform & Tools

4.9

4.8

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:30 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

4.8

4.9

See details
Withdrawal Fee $5 0
Deposit Fee 0 0
Inactivity Fee $10 a month after one year 0
Cost Per Trade N/A 0
Cost Per Month N/A 0
Forex (EUR/USD) 1.1 pip 0.6
Stocks & ETF 0 0
CFD (Gold) 5 pip 1.3
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.9

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

4.7

See details
Minimum deposit (in UAE) $100 $0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.8

4.8

See details
Shares 2.800 0
ETF & Funds 0 0
Crypto 30 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 49 63
CFD Indices & Funds 250 123
CFD Stocks 2800 600
CFD Commodities 54 31
CFD Crypto 32 23
CFD Bonds 0 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

5.0

4.9

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

Customer Support

5.0

4.8

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

Winner

Pepperstone is a trustworthy CFD and forex broker. It has licenses from the ASIC, FCA, DFSA, CySEC, CMA, SCB and BaFIN. It is a leading provider of educational materials and features. Pepperstone is a good fit for traders at all levels, from casual to professional. 

Both online brokers have advantages and disadvantages. This article discusses the differences between eToro and Pepperstone. 

Top findings from the eToro vs. Pepperstone review:  

  1. eToro is the leading social trading broker with excellent tools and funding options. 
  2. Pepperstone is the leading provider of educational materials on trading. 
  3. Both brokers offer social trading tools and a virtual trading account. 

eToro is a premium social trading broker with professional research tools. It is a good choice for advanced traders, as novice traders struggle to understand the platforms. We recommend Pepperstone to traders of all levels of experience because of its reliable learning center. 

Level of experience  

New traders prefer Pepperstone over eToro. Pepperstone is a leading provider of educational features and materials, including trading guides. It offers straightforward platforms that are simple to learn and use. Pepperstone is a top choice for beginner traders who want access to reliable trading information. 

eToro is the leading social trading broker with professional research tools, including market commentary and social sentiment. It offers limited educational tools, which is why it’s a better fit for advanced traders. 

Fees  

Both online brokers have a minimum initial deposit fee of $100. The average EUR/USD spread at eToro is 1, while at Pepperstone is 0.77. 

Assets  

Pepperstone has 61 forex currency pairs, while eToro offers 47 pairs. eToro offers access to 2314 CFDs, while Pepperstone has 1200+ available CFDs. 

Trading platform  

eToro provides a top-tier social trading experience with dedicated research tools. It has a virtual trading account and a well-designed mobile app. eToro is an excellent choice for professional traders as it offers limited market data. 

Pepperstone offers an impressive range of web and desktop platforms, including the MetaTrader suite, cTrader and TradingView. These come with some of the best learning tools in the industry, including cTrader. Pepperstone is a top choice for new traders. 

Banking services  

Banking services are helpful to traders of all levels of experience. Both brokers have a comprehensive offer with bank transfers and credit/debit.

Final verdict  

eToro and Pepperstone are top online brokers. Both have strengths and weaknesses, depending on your trading experience. We recommend eToro to experienced traders who want to use professional tools. Pepperstone is a better choice for beginners as it offers outstanding research and learning tools. 

eToro compared to other brokers:

eToro review

Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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