General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
Tier 1 Regulation
Tier 2 Regulation
Tier 3 Regulation
Deposit and Withdrawal
Costs and Fees
Forex Fixed Spreads
Forex Variable Spreads
Fees on Stocks
Fees on Indices
Fees on Cryptocurrencies
Special Trading Conditions
Available Trading Techniques
Admirals vs Pepperstone: A Comparison of Trading Brokers
Admirals and Pepperstone are both well-established and regulated brokers that offer a range of services and products for traders of all levels. This comparison will evaluate their features and determine which broker is the best option based on different criteria.
Regulations and Security
Both Admirals and Pepperstone are regulated by top-tier financial authorities such as FCA, ASIC, CySEC, and others. Admirals security rating is also high at 94, which means that they have a low risk of bankruptcy. Pepperstone security rating is the same as Admirals, which indicates that both brokers are secure and reliable.
Admirals and Pepperstone offer demo accounts to their clients. Admirals offers a 30-day demo account with $10,000 virtual funds, which can be restored by contacting customer support. Pepperstone also offers a 30-day demo account with $50,000 virtual funds, and it can be restored by contacting customer support. However, Pepperstone’s cTrader account offers unlimited demo trading.
Admirals requires a minimum deposit of $100 ($1 for the stockbroking account), and clients can choose from a wide range of account currencies and payment methods. They offer five different account types, including Trade account, Zero account, Invest account, Islamic account, and Professional account for advanced traders.
Pepperstone, on the other hand, has no minimum deposit in place, but they recommend a minimum deposit of $200. They offer a broader range of base currencies, including USD, EUR, AUD, and GBP, among others. Pepperstone also provides a more extensive range of account types, including Standard account, Razor account, Spread Betting account, MAM/PAMM account, and Professional account for advanced traders.
Admirals has a proprietary platform for copy-social trading, allowing traders to copy successful traders’ strategies and make profits. Pepperstone does not offer proprietary copy-social trading platforms. Instead, they partner with third-party platforms such as Duplitrade and Myfxbook.
Admirals has a more extensive range of markets available to trade. They offer forex trading on over 70 currency pairs, 15 commodities, 19 indices, 42 crypto assets, and 3350+ stocks and ETFs. Admirals provides traders with the ability to invest in CFDs and real assets on stocks and ETFs, making them an excellent option for both short and long-term investing.
Pepperstone offers forex trading on over 70 currency pairs, 15 commodities, 14 indices, 70 crypto assets, and 60+ stocks. Pepperstone, however, offers CFD trading only, making them better suited for short-term investments rather than long-term investments.
Both Admirals and Pepperstone offer variable spreads on forex, with Admirals’ spread starting from 0.1 pips, which is lower than the market average. Pepperstone offers spreads from 0 pips on forex, making them the lower cost option, but they charge a commission per lot traded, up to $7 per lot. Admirals, on the other hand, charges a commission from $0.02 per share for stocks.
Admirals offers proprietary mobile apps, along with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) available on desktop, webtrader, and mobile. They also offer algo trading and VPS services. Pepperstone offers MT4, MT5, and cTrader, which are available on desktop, webtrader, and mobile, and also provides algo trading and VPS services. However, Pepperstone doesn’t have a proprietary platform, which can be a drawback for some traders.
Both Admirals and Pepperstone offer educational resources for traders of all levels, including articles, tutorials, trading videos, seminars, and webinars. Admirals’ educational content is more extensive and covers a broader range of topics. Both brokers have good customer support and offer multiple ways to contact them, including email, phone, and live chat, in several languages. Pepperstone has won an award for “Best Customer Service in Europe” in 2019.
In summary, Admirals and Pepperstone are both reputable brokers with different strengths and weaknesses. Admirals is better for traders who are interested in social-copy trading, have a more extensive range of markets, and offer a proprietary mobile app.
Pepperstone, on the other hand, offers lower trading fees and a wider range of account types, including Spread Betting and Razor accounts. Ultimately, the choice between the two will depend on the trader’s specific needs and preferences.
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