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eToro vs Pepperstone: Comparison and Analysis

Trying to figure out whether to use eToro or Pepperstone? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of eToro and Pepperstone side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
76% of retail CFD accounts lose money
eToro review
Open Account
74-89% of retail investor accounts lose money when trading CFDs
Pepperstone review

Overall Ratings


Rated
77
Rated
90

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • eToro
  • Pepperstone

Security 95
Security 94

Cost 70
Cost 78

Trading 67
Trading 100

Education 64
Education 71

Company Info


Foundation
2007
2010
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), cz, dan, de, es, fi, fr, ne, nor, pol, rom, ru, swe, thai, viet, mal, it
en, ar, es, pol, ru, ko, viet, it, chi

Leverage


Non-EU Leverage ?
30:1
200:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
1:1
0
Canadian Leverage ?
N/A
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
5529
399331
SimilarWeb - Total Visits
22900
416901
Facebook Likes
4691
66224
Twitter Likes
120000
1800000
Instagram Likes
88000
192258

Deposit and Withdrawal


Minimum Deposit ?
Minimum Withdraw ?
30
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
Rapid Transfer
Bpay, POLi, UnionPay
Deposit Waiting Time ?
up to 5 business days
1 business day
Withdraw Waiting Time ?
up to 5 business days
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
USD
AUD, EUR, GBP, USD, CAD, CHF, HKD, JPY, NZD, SGD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
5.0
0.5
Natural Gas ?
15.0
5.0
Silver ?
5.0
0.5
Platinum ?
35.0
Copper ?
4.0
Soybeans ?
50
Corn ?
130
Gold ?
45.0
0.5

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
1
0.09
USD/JPY Average Spread
1
0.19
USD/CHF Average Spread
1.5
0.35
GBP/USD Average Spread
2
0.38
USD/CAD Average Spread
1.5
0.27
AUD/USD Average Spread
1.0
0.17
NZD/USD Average Spread
2.5
0.32
EUR/GBP Average Spread
2
0.41

Fees on Stocks


Apple
0.0
Facebook
0.0
Alphabet
0.0
Snapchat
0.0
BP
0.0
Tesco
0.0
Barclays
0.0
Lloyds
0.0

Fees on Indices


FTSE100
1.5
1.05
S&P500
0.75
0.47
Dow Jones
2.0
Nasdaq
2.4
2.0
CAC40
1
DAX30
2
0.9
Nikkei 225
10
8.0
Euro Stoxx 50
3
2.0

Fees on Cryptocurrencies


Bitcoin
1,00%
1
Ethereum
1,00%
$4.0
Ripple
1,00%
0
Litecoin
1,00%
$3.0
Bitcoin Cash
1,00%
$4.0
Dash
1,00%
$3.0
Monero
1,00%
0
Neo
1,00%
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, es, fr, it
en, ar, es, po, ko, viet, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
47
70
Crypto ?
47
70
Commodities ?
47
15
Stocks ?
957
61
Indices ?
13
14
ETF ?
145
Futures ?
Options ?
Bonds ?
Metal ?
4
5
Agricultural ?
3
5
Energies ?
2
5
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
19
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
Crypto, ETF, Stocks

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
10$
0.01 lots
Maximum Trade Size ?
20% of the equity
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
67
51
Number Chart Drawing Tools ?
14
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ru
en, ar, es, pol, ru, thai, ko, viet, it, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

Security and Rating

Both eToro and Pepperstone are highly regulated, but Pepperstone has more regulations than eToro. eToro is regulated by CySEC, ASIC, and FCA, while Pepperstone is regulated by FCA, ASIC, DFSA, CySEC, SCB, and CMA. eToro has a security rating of 95, which is slightly higher than Pepperstone’s rating of 94.

Demo Account

Both eToro and Pepperstone offer demo accounts with virtual funds. eToro offers an unlimited demo account with $100,000 virtual funds, while Pepperstone offers a 30-day demo account for MT4 and MT5 accounts and an unlimited demo account for cTrader accounts with $50,000 virtual funds. The virtual funds of the demo accounts can be restored by contacting customer support.

Minimum Deposit

Pepperstone does not have a minimum deposit in place, while eToro requires a minimum deposit of $200 for most countries ($50 for some).

Social Trading and Copy Trading

eToro is the best player at offering copy and social trading, while Pepperstone offers copy trading through third-party platforms such as Duplitrade and Myfxbook.

CFD and Forex Trading

eToro offers a range of CFD trading options, including forex, commodities, indices, crypto assets, stocks, and ETFs. Pepperstone offers a range of CFD trading options, including forex, commodities, indices, and crypto assets.

Stock Market

eToro offers over 1,050 stocks and 290 ETFs for trading, while Pepperstone offers over 60 stocks. eToro offers zero-commission real stocks (other fees may apply) and ETFs for CySEC, FCA, and ASIC traders, with the possibility to start investing with just $10. Pepperstone charges variable spreads on stocks.

Cryptocurrency Trading

eToro offers 80 crypto assets for trading, while Pepperstone offers 70 crypto assets.

Platforms

eToro’s proprietary platform is available via web and mobile devices and is user-friendly, specialized in copy and social trading. Pepperstone offers the MetaTrader 4, MetaTrader 5, and cTrader platforms, which are available via desktop, web, and mobile. All the platforms offered by Pepperstone allow traders to engage in algo trading. Pepperstone also offers VPS services.

Education

Both eToro and Pepperstone offer a range of educational resources for traders. eToro provides high-quality education material, including blog articles, fintech guides, and trading videos, webinars, and seminars. Pepperstone offers a good range of educational material, but it’s mostly for beginner traders, so professional/advanced traders may not find that content useful other than Pepperstone webinars. Customer care is easy to contact via email, telephone, and live chat for both brokers, with over 12 languages available for Pepperstone.

In conclusion, both eToro and Pepperstone offer a range of features and benefits for traders. eToro is a good choice for traders who want to invest in a range of CFD trading options, including forex, commodities, indices, crypto assets, stocks, and ETFs, as well as for long-term investments. eToro’s social trading service is also a standout feature. Pepperstone is a good choice for traders who want to invest in CFDs and forex trading, as well as for short-term traders. Pepperstone’s low spreads and commissions make it a good broker for scalping. Ultimately, the choice between the two brokers will depend on your individual needs and preferences.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
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