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Forex.com

CFDCFD This broker offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD to rate it on that. Regulated in your country Forex.com holds a licence from the regulator of the country this site is for, so local investor protections apply.
Forex.com review ›
86CFDOverall 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

75% of retail investor accounts lose money when trading CFDs with this provider.

Pepperstone

CFDCFD This broker offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD to rate it on that. Regulated in your country Pepperstone holds a licence from the regulator of the country this site is for, so local investor protections apply.
Pepperstone review ›
86CFDOverall 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

89% of retail investor accounts lose money when trading CFDs with this provider.

Best for

What we compare A comparison of the kinds of traders Forex.com and Pepperstone are best suited to, based on what each one actually offers in United Kingdom.
1 / 12

Forex.com is better than Pepperstone for day traders. Both are a good fit for professional traders, high-volume traders and scalpers.

Best for
Overall score Forex.com 86 Pepperstone 86
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 Forex.com and the ones that supervise Pepperstone.
2 / 12

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

Regulation
Section score Forex.com 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 Forex.com and Pepperstone have in place to protect your money in United Kingdom.
3 / 12

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

Safety
Section score Forex.com 86 Best Pepperstone 78 -8
Company info
Is it publicly traded i
Is it a bank i
Year founded i 1999 2010
Parent company i StoneX Group (via GAIN Capital) Pepperstone Group Limited
CEO i Glenn Stevens 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 400,000 900,000
Annual revenue i USD 169,500,000 USD 13,000,000
Monthly website search traffic i 1.9M monthly visits 1.3M monthly visits

Costs

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

Forex.com is better than Pepperstone for costs, because Forex.com is cheaper on EUR/USD, at 4.5 USD per lot (against Pepperstone's 9.05 USD), has tighter gold CFD spreads, at 0.1 point (against Pepperstone's 0.15 points), and charges lower US stock CFD fees, at 0.02 USD (against Pepperstone's 0.02 USD). Neither Forex.com nor Pepperstone charges account maintenance fees or deposit fees.

Costs
Section score Forex.com 81 Best Pepperstone 74 -7
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
0.7 pips
1.1 pips
EUR/USD average raw spread i
0.2 pips
0.1 pips
EUR/USD average fixed spread i
EUR/USD total cost per lot i USD 4.5 USD 9.05
S&P 500 fees (CFD) i 0.6 points 0.4 points
Gold fees (CFD) i 0.1 points 0.15 points
Bitcoin fees (CFD) i
US stocks fees (CFD) i USD 0.018 USD 0.02
Fees on stocks
Stock fee type i Commission, Percentage 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
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 Forex.com and with Pepperstone in United Kingdom, and of how many instruments each one gives access to.
5 / 12

Forex.com is better than Pepperstone for available markets. Both Forex.com and Pepperstone offer CFDs on commodities, crypto, forex, indices and stocks.

Available markets
Section score Forex.com 85 Best Pepperstone 75 -10
Total tradable symbols i 150 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, Crypto, Forex, Indices, Stocks
Futures i
Options i
Assets you can own i

Platform

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

Pepperstone is better than Forex.com for platforms, because Pepperstone offers cTrader, MetaTrader 5 and social trading, which Forex.com does not. Both Forex.com and Pepperstone offer MetaTrader 4 and AutoChartist.

Platform
Section score Forex.com 88 -4 Pepperstone 92 Best
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 Forex.com and Pepperstone in United Kingdom, and of what each one lets you do from your phone.
7 / 12

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

Mobile
Section score Forex.com 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 Forex.com and Pepperstone allow on their platforms in United Kingdom.
8 / 12

Pepperstone is better than Forex.com for trading features. Forex.com and Pepperstone both offer negative balance protection and trailing stops.

Trading features
Section score Forex.com 87 -6 Pepperstone 93 Best
Trade execution
Broker type i Agency NDD
Average execution time i 3 ms 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 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 Forex.com and at Pepperstone in United Kingdom, and of who each one is meant for.
9 / 12

Pepperstone is better than Forex.com for account types, since Pepperstone offers a corporate account, an ECN account and a copy trading account, which Forex.com does not. Forex.com and Pepperstone both offer a demo account and a professional traders account.

Account types
Section score Forex.com 52 -23 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 Forex.com and with Pepperstone in United Kingdom.
10 / 12

Pepperstone is better than Forex.com for account opening, because Pepperstone does not require a minimum deposit (against Forex.com's 100 USD), offers 10 account base currencies (against Forex.com's 3), and credits deposits faster, within 1 day (against Forex.com's 2 days). Forex.com and Pepperstone both offer credit cards and debit cards.

Account opening
Section score Forex.com 62 -18 Pepperstone 80 Best
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
Local payment methods i
Account base currencies i EUR, GBP, USD AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
Deposit waiting time i up to 2 business days up to 1 business days
Withdrawal waiting time i up to 2 business days up to 1 business days
Bonus program i

Customer care

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

Pepperstone is better than Forex.com for customer care, as Pepperstone offers customer support in 10 languages (against Forex.com's 2), and has a website in 9 languages (against Forex.com's 7). Both Forex.com and Pepperstone offer a dedicated account manager and phone support.

Customer care
Section score Forex.com 66 -7 Pepperstone 73 Best
Number of languages supported i 7 10
Website languages i Arabic, German, English, Japanese, Polish, Spanish, Chinese Arabic, English, Italian, Korean, Polish, Russian, Spanish, Vietnamese, Chinese
Website available in English i
Customer support languages i English, 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 Forex.com and Pepperstone provide to their clients in United Kingdom.
12 / 12

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

Learning
Section score Forex.com 95 Best Pepperstone 88 -7
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
Forex.com
Open Account 75% of retail investor accounts lose money when trading CFDs with this provider.
Pepperstone
Open Account 89% of retail investor accounts lose money when trading CFDs with this provider.
Our verdict

Forex.com vs Pepperstone: which one should you choose?

Forex.com

CFD Choose Forex.com if you want a CFD and forex broker with low trading costs, fast execution and fixed-spread accounts.

Open Account 75% of retail investor accounts lose money when trading CFDs with this provider.
Pepperstone

CFD Choose Pepperstone if you want an online CFD broker with no minimum deposit, several account base currencies and cTrader.

Open Account 89% of retail investor accounts lose money when trading CFDs with this provider.

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