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