AvaTrade vs Pepperstone - Online Brokerage Comparison

AvaTrade vs Pepperstone | Compare Trading Brokers

AvaTrade vs Pepperstone Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
$100MT4, AvaOptions250+CBI, FSC, ASIC, FSCA, FSA & FFAJ
$200MT4, MT5, cTrader95+FCA, ASIC

AvaTrade vs Pepperstone Comparison

Both of these brokers offer MetaTrader 4 and allow the trader to execute Expert Advisors (EAs), MT4's online trading robots. Pepperstone also provides the successor to MT4, MetaTrader 5 (MT5). In addition Pepperstone offers cTrader. However AvaTrade also has a dedicated FX Options trading platform, AvaOptions.

Both brokers provide CFD trading. However in the UK, AvaTrade also offers MT4 spread betting.

Pepperstone is an ECN broker, and uses Equinix infrastructure to help provide fast order processing.

AvaTrade has wider range of markets than Pepperstone.

AvaTrade is regulated by the CBI in Ireland, the ASIC in Australia, the FSCA in South Africa, the FSA and the FFAJ in Japan and the FSC in the British Virgin Islands.

Pepperstone is regulated by the FCA in the United Kingdom and the ASIC in Australia.

Quick comparison

These are both MT4 brokers, though Pepperstone also offers MT5 and cTrader. AvaTrade has a platform for trading FX Options. Pepperstone is an ECN broker.

Minimum deposit and key account features

The minimum deposit for AvaTrade is $/€/£100. The minimum deposit for Pepperstone is $/£200.

  • AvaTrade offers an Economic Calendar on its web site, AutoChartist (for a $500 minimum deposit) and Sharp Trader (which has education and analysis). Additionally AvaTrade allows the trader to use DupliTrade and ZuluTrade, which support copy trading.
  • Pepperstone offers four account types. These are Standard, Razor, Islamic (Swap Free) and Active Traders. Pepperstone provides trading guides, a market review and an economic calendar its website. Pepperstone says that latency is as low as 50ms. The minimum trade size is 0.01 lots.
  • Pepperstone's Standard and Islamic accounts do not charge commissions and hence offer higher spreads as they include a mark up. The Razor account charges commissions and allows scalping.
  • Pepperstone's Active Traders account is for active traders and institutions depositing at least $25,000 and trading at least 250 lots a month. It offers EDGE ECN Execution, a dedicated relationship manager, a segregated customer account, advanced reporting, VPS hosting services and custom solutions.

Markets

  • AvaTrade offers spread betting (in the UK), in Forex, Indices, Energy, Metals and Cryptocurrencies, with 40+ available.
  • AvaTrade offers CFD trading in Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities, Stocks, ETFs, Bonds and Options, with 200+ available.
  • Pepperstone offers Forex, Indices, Energy, Metals, Cryptocurrencies and Soft Commodities, with 95+ available.

Cryptocurrency CFDs

  • AvaTrade offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, DASH, Stellar, EOS and Bitcoin Gold CFDs.
  • Pepperstone offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash and DASH.

Spreads and leverage

  • Pepperstone can offer low Forex spreads plus a commission charge. AvaTrade offers Forex spreads from 0.9 without a commission charge, while Pepperstone offers Forex spreads from 1 without a commission charge.

Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for AvaTrade (ASIC regulated) is 400:1. Maximum leverage for Pepperstone (FCA regulated) is . Maximum leverage for Pepperstone (ASIC regulated) is 500:1.

Platforms

AvaTrade offers MT4 and AvaOptions as well as apps. Pepperstone provides MT4, MT5, cTrader and apps.

Why AvaTrade or Pepperstone ?

While traders who use automated trading strategies can find this facility at either broker, AvaTrade offers MT4, while Pepperstone provides MT5 and cTrader. All these platforms support the use of and building of robots (EAs at MT4 and MT5 and cBots on cTrader). Thus Pepperstone has a wider range of platform to use and build robots. Furthermore Pepperstone is an ECN broker, providing an environment potentially suited to a range of styles including automated trading. AvaTrade has a wider range of markets than Pepperstone and offers FX Options on a separate trading platform.

Comparison summary

  • Both brokers offer CFD trading
  • In the UK, AvaTrade also provides MT4 spread betting
  • Both offer MT4
  • Pepperstone also provides MT5 and cTrader
  • AvaTrade has wider range of market to trade
  • AvaTrade offers FX Options trading on a separate platform
  • Pepperstone is an ECN broker

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