AvaTrade
Not available in your country AvaTrade is not available in the UK.
76% of retail investor accounts lose money when trading CFDs with this provider.
Pepperstone
Regulated in your country Pepperstone is allowed by FCA to onboard clients residing in the UK.
72.9% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders AvaTrade and Pepperstone are best suited to, based on what each one actually offers in United Kingdom.AvaTrade is better than Pepperstone for crypto traders, futures traders and options traders. Pepperstone, on the other hand, is better for algo traders. Both are a good fit for professional traders, high-volume traders and scalpers.
| Overall score | AvaTrade 85 | Pepperstone 85 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise AvaTrade and the ones that supervise Pepperstone.Only Pepperstone is regulated in the UK, by the FCA. AvaTrade holds no licence in the UK and is regulated by CBI Ireland, ASIC (Australia) and the CIRO (Canada). AvaTrade does not operate in the UK.
| Section score | AvaTrade 100 | Pepperstone 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that AvaTrade and Pepperstone have in place to protect your money in United Kingdom.AvaTrade and Pepperstone both offer segregated client funds and two-factor authentication. AvaTrade also offers additional money insurance. Pepperstone also offers an investor compensation scheme.
| Section score | AvaTrade 74 -4 | Pepperstone 78 Best |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2006 | 2010 |
| Parent company i | Ava Trade Ltd | Pepperstone Group Limited |
| CEO i | Dáire Ferguson | Tamas Szabo |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | N/A | N/A |
| Brand power | ||
| Number of customers worldwide i | 9,000,000 | 900,000 |
| Annual revenue i | USD 13,000,000 | |
| Monthly website search traffic i | 1.3M monthly visits | |
Costs
What we compare A comparison of what it costs to trade with AvaTrade and with Pepperstone in United Kingdom, both on each trade and on holding the account.Pepperstone is better than AvaTrade for costs, since Pepperstone has tighter S&P 500 CFD spreads, at 0.4 points (against AvaTrade's 0.5 points), has tighter gold CFD spreads, at 0.15 points (against AvaTrade's 0.34 points), and charges lower US stock CFD fees, at 0.02 USD (against AvaTrade's 2.6 USD). Neither AvaTrade nor Pepperstone charges account maintenance fees or deposit fees.
| Section score | AvaTrade 69 -5 | Pepperstone 74 Best |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | USD 6.1 |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 8 | USD 9.05 |
| S&P 500 fees (CFD) i | 0.5 points | 0.4 points |
| Gold fees (CFD) i | 0.34 points | 0.15 points |
| Bitcoin fees (CFD) i | ||
| US stocks fees (CFD) i | USD 2.6 | USD 0.02 |
| Fees on stocks | ||
| Stock fee type i | Percentage, Spread | Commission, Percentage |
| US stocks fees (real) i | ||
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 1.75 | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | Free | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with AvaTrade and with Pepperstone in United Kingdom, and of how many instruments each one gives access to.AvaTrade is better than Pepperstone for available markets, as AvaTrade offers CFDs on crypto, which Pepperstone does not, offers futures on commodities, crypto, forex and indices, which Pepperstone does not, and offers options on forex, which Pepperstone does not. Both AvaTrade and Pepperstone offer CFDs on commodities, forex, indices and stocks.
| Section score | AvaTrade 100 Best | Pepperstone 65 -35 |
|---|---|---|
| Total tradable symbols i | 1,250 | 1,444 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Forex, Indices, Stocks |
| Futures i | Commodities, Crypto, Forex, Indices | |
| Options i | Forex | |
| Assets you can own i |
Platform
What we compare A comparison of the trading platforms that AvaTrade and Pepperstone make available to their clients in United Kingdom.AvaTrade and Pepperstone are equally good for platforms, as AvaTrade offers a proprietary platform and Mirror Trader while Pepperstone offers TradingView and Duplitrade. AvaTrade and Pepperstone both offer cTrader and MetaTrader 5.
| Section score | AvaTrade 94 | Pepperstone 92 -2 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of AvaTrade and Pepperstone in United Kingdom, and of what each one lets you do from your phone.Pepperstone is better than AvaTrade for mobile trading, because Pepperstone offers the cTrader app, a social trading app and a copy trading app, which AvaTrade does not. Both AvaTrade and Pepperstone offer a proprietary mobile app and the MetaTrader 5 app.
| Section score | AvaTrade 93 -7 | Pepperstone 100 Best |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that AvaTrade and Pepperstone allow on their platforms in United Kingdom.Pepperstone is better than AvaTrade for trading features, since Pepperstone offers tier-1 liquidity providers and VPS hosting, which AvaTrade does not, and allows for automated trading. AvaTrade and Pepperstone both offer negative balance protection and trailing stops. The leverage shown for AvaTrade is set by its British Virgin Islands entity and exceeds the retail limit in the UK (30:1 on major currency pairs).
| Section score | AvaTrade 81 -12 | Pepperstone 93 Best |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | NDD |
| Average execution time i | 30 ms | |
| Slippage occurrence i | ||
| Requotes occurrence i | 0.08% | |
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 400:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 400:1 | 20:1 |
| Major indices leverage i | 200:1 | 20:1 |
| Minor indices leverage i | 100:1 | 10:1 |
| Gold leverage i | 200:1 | 20:1 |
| Commodities leverage i | 200:1 | 10:1 |
| Equities leverage i | 10:1 | 5:1 |
| Cryptocurrency leverage i | 100:1 | |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at AvaTrade and at Pepperstone in United Kingdom, and of who each one is meant for.Pepperstone is better than AvaTrade for account types, given that Pepperstone offers an ECN account and a raw spread account, which AvaTrade does not. Both AvaTrade and Pepperstone offer a demo account and a professional traders account.
| Section score | AvaTrade 65 -10 | Pepperstone 75 Best |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with AvaTrade and with Pepperstone in United Kingdom.AvaTrade is better than Pepperstone for account opening, since AvaTrade supports e-wallets, which Pepperstone does not, credits deposits faster, within the same day (against Pepperstone's 1 day), and offers a bonus program, which Pepperstone does not. That said, Pepperstone asks for no minimum deposit at all (against AvaTrade's 100 USD). AvaTrade does not operate in the UK.
| Section score | AvaTrade 87 Best | Pepperstone 80 -7 |
|---|---|---|
| Minimum deposit i | USD 100 | USD 0 |
| Minimum withdrawal i | USD 0 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal, Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | AUD, EUR, GBP, JPY, USD, ZAR | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Deposit waiting time i | Instant | up to 1 business days |
| Withdrawal waiting time i | up to 1 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of AvaTrade and Pepperstone in United Kingdom, in how it can be reached and how fast it answers.Pepperstone is better than AvaTrade for customer care, since Pepperstone offers a dedicated account manager and priority support, which AvaTrade does not. Both AvaTrade and Pepperstone offer phone support and live chat.
| Section score | AvaTrade 67 -6 | Pepperstone 73 Best |
|---|---|---|
| Number of languages supported i | 22 | 10 |
| Website languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | Arabic, English, Italian, Korean, Polish, Russian, Spanish, Vietnamese, Chinese |
| Website available in English i | ||
| Customer support languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | Arabic, English, Italian, Korean, Polish, Russian, Spanish, Thai, Vietnamese, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that AvaTrade and Pepperstone provide to their clients in United Kingdom.Pepperstone is better than AvaTrade for learning, because Pepperstone offers traders' sentiment, which AvaTrade does not. AvaTrade and Pepperstone both offer education for advanced traders and webinars.
| Section score | AvaTrade 83 -5 | Pepperstone 88 Best |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
AvaTrade vs Pepperstone: which one should you choose?
AvaTrade
CFD/FX Choose AvaTrade if you want an online CFD broker for options and futures trading, with low trading costs and fixed-spread accounts and live in a country where it accepts clients.
Not available in the UK 76% of retail investor accounts lose money when trading CFDs with this provider.
Pepperstone
CFD/FX Choose Pepperstone if you want a forex brokerage service regulated in the UK by the FCA, with no minimum deposit, TradingView and room for high-frequency strategies.
Open Account 72.9% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include AvaTrade or Pepperstone, each scored with the same data and method as this page.
