Capital.com vs Pepperstone: Comparison and Analysis

Capital.com vs Pepperstone: A Comparison Summary

When it comes to choosing a broker, there are many factors to consider. In this comparison summary, we will evaluate Capital.com and Pepperstone based on several criteria, including security, demo accounts, account opening, social-copy trading, markets, trading fees, platforms, education/customer care.

Security

Both Capital.com and Pepperstone are regulated by multiple authorities, including FCA, ASIC, and CySEC. Capital.com is also regulated by FSA, SCB, and NBRB, while Pepperstone is regulated by DFSA and CMA. Both brokers have high security ratings of 94, which means they are trustworthy.

Demo Accounts

Capital.com offers an unlimited demo account with virtual funds ranging from $1000 to $100,000. Clients can top up their virtual funds anytime they run low. On the other hand, Pepperstone offers a 30-day demo account for MT4 and MT5 accounts and an unlimited demo account for cTrader accounts with virtual funds of $50,000. Clients can restore their virtual funds by contacting customer support.

Account Opening

Capital.com requires a minimum deposit of $20 and offers account currency options including EUR, PLN, USD, GBP, and AUD. Payment methods include wire transfers, credit/debit cards, and eWallets. Capital.com offers CFD accounts, spread betting accounts, and professional accounts. Pepperstone does not have a minimum deposit in place but recommends a minimum deposit of $200. It offers over 10 base currencies, including USD, EUR, AUD, and GBP, and payment methods including wire transfers, credit/debit cards, eWallets, and local payment methods such as Union Pay and POLi. Pepperstone offers standard accounts, Razor accounts, Spread Betting accounts, MAM/PAMM accounts, and professional accounts for advanced traders.

Social-Copy Trading

Capital.com allows social trading via third-party platform Tradingview, while Pepperstone allows copy trading via third-party platforms Duplitrade and Myfxbook.

Markets

Capital.com offers a wider range of markets, including 124 forex pairs, 22 commodities, 22 indices, 125 cryptocurrencies, and 2857 shares, all available as CFDs. Pepperstone offers 70 forex pairs, 15 commodities, 14 indices, 70 cryptocurrencies, and 60+ stocks, also all available as CFDs.

Trading Fees

Capital.com offers variable spreads, starting from 0.6 pips on forex, which is below the market average. Pepperstone also offers variable spreads, starting from 0 pips on forex, which is lower than the market average. Pepperstone charges commissions up to $7 per lot traded, while Capital.com does not charge commissions. Stock commissions on Pepperstone are variable, while Capital.com does not offer stock trading. These low spreads and commissions make both brokers suitable for short-term investing and scalping.

Platforms

Capital.com has a proprietary platform available via desktop and mobile, as well as MT4 available via desktop, mobile, and web. Pepperstone offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) available via webtrader, desktop, and mobile, and cTrader available via webtrader, desktop, and mobile. All the platforms offered by Pepperstone allow traders to engage in algo trading, and Pepperstone also offers VPS services.

Education/Customer Care

Both brokers offer educational material, but Capital.com offers a more extensive learning hub, including CFD guides, a glossary of trading, trading courses, FAQs, market guides, and trading strategy guides. Pepperstone’s educational material is mostly for beginner traders, with webinars being the most advanced. Both brokers have good customer care and are easy to contact via email, phone, and live chat. Pepperstone supports over 12 languages, and they won the “Best Customer Service in Europe” award in 2019.

Conclusion

Both Capital.com and Pepperstone are well-regulated and secure brokers that offer a wide range of markets for trading as CFDs. While Capital.com has a wider range of markets, Pepperstone offers lower spreads and commissions, making them a better option for scalping. Capital.com offers a more extensive learning hub, while Pepperstone offers better customer service and support for multiple languages. The choice between these brokers ultimately comes down to the trader’s individual needs and preferences.