Plus500 and Pepperstone are leading online brokers in 2021 with impressive trading experiences. Plus500 has many funding options and a minimum deposit fee of US$100. It is a trustworthy broker with licenses from the ASIC, MAS, and FCA. We recommend it for professional traders because of its limited research and educational tools.
| Broker Name | Plus500 | Pepperstone |
| Year Founded | 2008 | 2010 |
| Regulation | FCA, ASIC, CySEC, FSCA, FMA, MAS, FSA | ASIC, FCA, DFSA |
| Tradable Assets | Forex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies. | Indices, Shares Forex, Commodities, cryptocurrencies, CFDs |
| Min Deposit | $100 | AUD $200 |
| Min Trade | $0 | AUD $1 |
| Platforms | Web, Mobile | iOS, Android, Windows and MacOS |
| Deposit | Free of charge | Free of charge |
| Withdrawals | Free of charge | Free of charge |
Pepperstone is a leading CFD and forex broker with trustworthy customer service. It has a transparent account opening process and fees policy. Pepperstone has top-tier licenses from the FCA, ASIC, and DFSA. We recommend it for traders at all levels, from casual to professional.
Both brokers have strengths and weaknesses. This article discusses the differences between Plus500 and Pepperstone.
Top findings from the Plus500 vs. Pepperstone review:
- Plus500 is a trustworthy broker with a presence on a stock exchange and transparent fees.
- Pepperstone is a safe broker with user-friendly platforms and access to many tradable assets.
- Both online brokers offer a demo account to test their offering.
We recommend Plus500 for professional traders as it has limited research and educational tools. Pepperstone is a better choice for beginners because of its impressive educational materials and easy-to-understand platforms.
Level of experience
Beginner traders prefer Pepperstone over Plus500. Pepperstone is a leading provider of educational materials and features, including videos and trading guides. This broker’s platforms are straightforward and easy to learn.
Plus500 has no educational materials, being a better choice for professionals. It has an economic calendar and some reliable trading tools. Plus500 offers an excellent trading experience, but its platforms might be challenging to learn.
Fees
Plus500 has a minimum deposit fee of €100, while Pepperstone has a fee of $200. Pepperstone offers an active trader discount, while Plus500 does not. Both brokers have a transparent fee policy available on their website.
Assets
Both brokers have an impressive forex offering with access to major forex pairs, including GBP/USD, EUR/USD, and AUD/USD. Pepperstone offers 61 currency pairs, while Plus500 has 50. Plus500 offers 2033 CFDs, while Pepperstone has 127 available CFDs.
Trading platform
Plus500 offers a proprietary platform, a web platform, and a desktop platform. Its tools and educational materials are limited when compared to Pepperstone. Plus500 has an excellent mobile app with standard watch lists and alerts. Its platforms are challenging for beginners.
Pepperstone has an impressive range of web and desktop trading platforms, including the MetaTrader suite. These come with some of the best learning tools, including cTrader and copy trading. This broker is a good choice for inexperienced traders.
Banking services
Banking services are useful to traders of all levels of experience. Plus500 has a presence on London’s stock exchange. It offers many funding options, including bank transfers, credit/debit, Skrill, and PayPal.
Pepperstone has a comprehensive offer with bank transfers, credit/debit, Skrill, and PayPal. Both brokers have transparent and reliable funding processes.
Final verdict
Plus500 and Pepperstone are leading online brokers in 2021. Both have advantages and disadvantages, depending on your trading experience. We recommend Plus500 to experienced traders who want to use professional platforms. Pepperstone is a good fit for inexperienced traders because of its outstanding research and learning tools.
