ITRADER vs Pepperstone Comparison

ITRADER vs Pepperstone Broker Comparison

ITRADER versus Pepperstone Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$250MT4200+CySEC
$200MT4, MT5, cTrader150+FCA, ASIC

ITRADER and Pepperstone Comparison

Both of these brokers offer MetaTrader 4 (MT4) trading. Pepperstone additionally provides MetaTrader 5 (MT5) and cTrader. These brokers offer variable spreads. ITRADER provides a range of account types, with varying levels of account features for higher minimum deposits along with lower spreads.

Pepperstone also offers different account types, but these are mostly based around the type of trading, as Pepperstone provides both STP/ECN and ECN trading. Thus both brokers aim to offer tight spreads, but Pepperstone also aims to provide very low ECN Forex spreads, with a commission charge.

ITRADER is regulated by the CySEC in Cyprus, Pepperstone is regulated by the FCA in the United Kingdom and the ASIC in Australia.

Quick comparison

Both offer MT4. Pepperstone is an ECN broker and also provides MT5 and cTrader.

Account types and minimum deposit

The minimum deposit for ITRADER is $250. The minimum deposit for Pepperstone is $200 or £200 or $AU200.

  • The minimum deposit for ITRADER is $250. ITRADER provides three account types, Silver, Gold and Platinum. The current minimum deposit for Gold and Platinum is available upon request from the account manager assigned to the trader's account.
  • ITRADER provides an extensive animated trading course on its website. It also offers eBooks, webinars and daily reviews and provides hedging for all account types. The Gold account additionally provides extra webinars and videos and a dedicated account manager. The Platinum account additionally provides a Free VPS and News Alerts.
  • Pepperstone offers four account types. These are Standard, Razor, Islamic (Swap Free) and Active Traders.
  • Pepperstone's Standard and Islamic accounts do not charge commissions. 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

  • ITRADER offers 200+, covering Forex pairs, Indices, Metals, Energy, Soft Commodities, Cryptocurrencies and Stocks.
  • Pepperstone offers 150+, covering Forex pairs, Indices, Metals, Energy, Soft Commodities, Cryptocurrencies and Stocks.

Cryptocurrency CFDs

  • ITRADER offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash ABC, DASH, Ripple, Bitcoin Gold, Ethereum Classic, Monero, Cardano, Bitcoin SV, IOTA, Lisk, NEO, Qtum, Siacoin, Tether, NEM, Stellar, Zcash, Verge, WAVES, TRON and Golem.
  • Pepperstone offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, DASH and Ripple.

Leverage and spreads

Maximum leverage for ITRADER is . Maximum leverage for Pepperstone (FCA regulated) is .

ITRADER provides Forex spreads from 0.7 without a commission charge. Pepperstone offers Forex spreads from 0 with a commission charge and from 1 without a commission charge.

Online trading platforms

Both brokers offer MT4. Pepperstone also provides MT5 and cTrader. These platforms are available on desktop, tablet and mobile. ITRADER and Pepperstone provide micro lot trading.

Why ITRADER or Pepperstone ?

Traders who want to trade on MetaTrader 4 (MT4) may do so at either broker. Traders who want to trade on MetaTrader 5 (MT5), the successor to MT4, can do so at Pepperstone as well as trade on cTrader. Traders who want to trade with an ECN broker may do so at Pepperstone.

Comparison summary

  • Both brokers provide CFD trading
  • Each offers MT4
  • Pepperstone additionally provides MT5 and cTrader
  • ITRADER has a range of account types with different features for higher minimum deposits
  • Pepperstone is an ECN broker

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