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Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of eToro's UK entity and Pepperstone's UK entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of eToro's UK entity and Pepperstone's UK entity.

Best overall

eToro

CFDCFD eToro offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX eToro offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side. StocksStocks eToro lets you buy real assets that you own outright. Switch the comparison to Stocks to rate it on that. Regulated in your country eToro is allowed by FCA to onboard clients residing in the UK.
eToro review ›
80CFD/FXOverall score eToro scores 80/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas. 83StocksOverall score eToro scores 83/100 for stock investing. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

61% of retail CFD accounts lose money. Below content does not apply to US users.

Best overall

Pepperstone

CFDCFD Pepperstone offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX Pepperstone offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side. Regulated in your country Pepperstone is allowed by FCA to onboard clients residing in the UK.
Pepperstone review ›
85CFD/FXOverall score Pepperstone scores 85/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas. not offeredStocksOverall score InvestinGoal score from 0 to 100, calculated from the data in this comparison across 12 areas (regulation, safety, costs, platforms and more). CFD and stock trading are scored separately: the number follows the side selected above.
Open Account

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 eToro and Pepperstone are best suited to, based on what each one actually offers in United Kingdom.
1 / 12

eToro is better than Pepperstone for long-term investors, while Pepperstone is better for professional traders, scalpers and algo traders. High-volume traders, swing traders and news traders can choose either eToro or Pepperstone.

Best for
Overall score eToro 80 -5 83 Pepperstone 85 Best not offered
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 eToro and the ones that supervise Pepperstone.
2 / 12

eToro and Pepperstone are both regulated in the UK, by the FCA.

Regulation
Section score eToro 100 100 Pepperstone 100 not offered
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 eToro and Pepperstone have in place to protect your money in United Kingdom.
3 / 12

Both eToro and Pepperstone offer segregated client funds and an investor compensation scheme.

Safety
Section score eToro 85 Best 85 Pepperstone 78 -7 not offered
Company info
Is it publicly traded i
Is it a bank i
Year founded i 2007 2010
Parent company i eToro Group Ltd. Pepperstone Group Limited
CEO i Yoni Assia Tamas Szabo
Money safety
Segregated client funds i
Two-factor authentication i
Investor compensation scheme i
Additional money insurance i
Partner bank i BNY Mellon, EquiLend N/A
Brand power
Number of customers worldwide i 3,610,000 900,000
Annual revenue i USD 1,340,000,000 USD 13,000,000
Monthly website search traffic i 13.2M monthly visits 1.3M monthly visits

Costs

What we compare A comparison of what it costs to trade with eToro and with Pepperstone in United Kingdom, both on each trade and on holding the account.
4 / 12

Pepperstone is better than eToro for CFD/FX costs, given that Pepperstone is cheaper on EUR/USD, at 9.05 USD per lot (against eToro's 11.6 USD), has tighter S&P 500 CFD spreads, at 0.4 points (against eToro's 1.08 points), and has tighter gold CFD spreads, at 0.15 points (against eToro's 0.88 points). Neither eToro nor Pepperstone charges inactivity fees or account maintenance fees.

Pepperstone does not offer real stocks, being a CFD broker, so eToro and Pepperstone cannot be compared for real stock costs.

Costs
Section score eToro 52 -22 82 Pepperstone 74 Best not offered
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
1.16 pips
1.1 pips
EUR/USD average raw spread i
0.1 pips
EUR/USD average fixed spread i
EUR/USD total cost per lot i USD 11.6 USD 9.05
S&P 500 fees (CFD) i 1.08 points 0.4 points
Gold fees (CFD) i 0.88 points 0.15 points
Bitcoin fees (CFD) i USD 1,585.8
US stocks fees (CFD) i USD 0.02
Fees on stocks
Stock fee type i Free Commission, Percentage
US stocks fees (real) i Free
ETF fees (real) i Free
Management costs i
Connection costs i
Fees on futures
Futures fees per contract i
Platform fees i
Fees on options
Options fees per contract i
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 eToro and with Pepperstone in United Kingdom, and of how many instruments each one gives access to.
5 / 12

eToro is better than Pepperstone for CFD/FX markets, as eToro gives access to 5,461 tradable symbols (against Pepperstone's 1,444), and lets you own crypto, ETFs and stocks outright, which Pepperstone does not. Both eToro and Pepperstone offer CFDs on commodities, forex, indices and stocks.

eToro and Pepperstone cannot be set side by side for real stock markets, as Pepperstone is a CFD broker and does not offer real stocks, unlike eToro.

Available markets
Section score eToro 75 Best 55 Pepperstone 65 -10 not offered
Total tradable symbols i 5,461 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, Forex, Indices, Stocks Commodities, Forex, Indices, Stocks
Futures i
Options i
Assets you can own i Crypto, ETF, Stocks

Platform

What we compare A comparison of the trading platforms that eToro and Pepperstone make available to their clients in United Kingdom.
6 / 12

Pepperstone is better than eToro for platforms, as Pepperstone offers cTrader, MetaTrader 5 and MetaTrader 4, which eToro does not. Both eToro and Pepperstone offer social trading and copy trading.

There is no like-for-like comparison for platforms, as Pepperstone is a CFD broker and does not offer real stocks.

Platform
Section score eToro 84 -8 84 Pepperstone 92 Best not offered
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 eToro and Pepperstone in United Kingdom, and of what each one lets you do from your phone.
7 / 12

Pepperstone is better than eToro for mobile trading, since Pepperstone offers the cTrader app, the MetaTrader 5 app and the MetaTrader 4 app, which eToro does not. eToro and Pepperstone both offer a proprietary mobile app and a social trading app.

There is no like-for-like comparison for mobile trading, as Pepperstone is a CFD broker and does not offer real stocks.

Mobile
Section score eToro 87 -13 87 Pepperstone 100 Best not offered
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 eToro and Pepperstone allow on their platforms in United Kingdom.
8 / 12

Pepperstone is better than eToro for CFD/FX trading features, given that Pepperstone offers tier-1 liquidity providers, which eToro does not, and allows for scalping and automated trading. eToro and Pepperstone both offer negative balance protection and trailing stops.

eToro and Pepperstone cannot be set side by side for real stock trading features, as Pepperstone is a CFD broker and does not offer real stocks, unlike eToro.

Trading features
Section score eToro 60 -33 76 Pepperstone 93 Best not offered
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 30:1 30:1
Minor/Exotic FX pairs leverage i 20:1 20:1
Major indices leverage i 20:1 20:1
Minor indices leverage i 10:1 10:1
Gold leverage i 20:1 20:1
Commodities leverage i 10:1 10:1
Equities leverage i 5:1 5:1
Cryptocurrency leverage i
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 10 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 eToro and at Pepperstone in United Kingdom, and of who each one is meant for.
9 / 12

Pepperstone is better than eToro for CFD/FX account types, because Pepperstone offers an ECN account, an Islamic account and a copy trading account, which eToro does not. Both eToro and Pepperstone offer a demo account and a professional traders account.

Only eToro can be assessed for real stock account types, since Pepperstone is a CFD broker and does not offer real stocks.

Account types
Section score eToro 48 -27 74 Pepperstone 75 Best not offered
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 eToro and with Pepperstone in United Kingdom.
10 / 12

Pepperstone is better than eToro for account opening, as Pepperstone does not require a minimum deposit (against eToro's 100 USD), offers 10 account base currencies (against eToro's 1), and has no minimum withdrawal (against eToro's 30 USD). Both eToro and Pepperstone offer credit cards and debit cards.

Pepperstone does not offer real stocks, being a CFD broker, so eToro and Pepperstone cannot be compared for account opening.

Account opening
Section score eToro 59 -21 59 Pepperstone 80 Best not offered
Minimum deposit i USD 100 USD 0
Minimum withdrawal i USD 30 USD 0
Wire transfers i
Credit cards i
Debit cards i
eWallets i
Local payment methods i
Account base currencies i USD AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
Deposit waiting time i up to 5 business days up to 1 business days
Withdrawal waiting time i up to 7 business days up to 1 business days
Bonus program i

Customer care

What we compare A comparison of the customer support of eToro and Pepperstone in United Kingdom, in how it can be reached and how fast it answers.
11 / 12

Pepperstone is better than eToro for customer care, given that Pepperstone offers customer support in 10 languages (against eToro's 7), has a website in 9 languages (against eToro's 7), and offers phone support, which eToro does not. Both eToro and Pepperstone offer a dedicated account manager and priority support.

Pepperstone does not offer real stocks, being a CFD broker, so eToro and Pepperstone cannot be compared for customer care.

Customer care
Section score eToro 69 -4 69 Pepperstone 73 Best not offered
Number of languages supported i 7 10
Website languages i Arabic, German, English, French, Italian, Spanish, Chinese Arabic, English, Italian, Korean, Polish, Russian, Spanish, Vietnamese, Chinese
Website available in English i
Customer support languages i Arabic, German, English, French, Italian, Spanish, 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 eToro and Pepperstone provide to their clients in United Kingdom.
12 / 12

eToro is better than Pepperstone for learning, as eToro offers professional reports, which Pepperstone does not. eToro and Pepperstone both offer education for advanced traders and webinars.

There is no like-for-like comparison for learning, as Pepperstone is a CFD broker and does not offer real stocks.

Learning
Section score eToro 100 Best 100 Pepperstone 88 -12 not offered
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
eToro
Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.
Pepperstone
Open Account 72.9% of retail investor accounts lose money when trading CFDs with this provider.
Our verdict

eToro vs Pepperstone: which one should you choose?

eToro

CFD/FX Choose eToro if you want an online CFD broker with corporate and professional accounts.

Stocks Choose eToro if you want a share dealing service with commission-free US stocks.

Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.
Pepperstone

CFD/FX Choose Pepperstone if you want a CFD and forex broker with no minimum deposit, a choice of trading platforms and room for automated strategies.

Open Account 72.9% of retail investor accounts lose money when trading CFDs with this provider.

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