Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
---|---|---|---|---|
Pepperstone | $200 Minimum Deposit | MT4, MT5, cTrader, TradingView Trading Platforms | 1000+ Markets To Trade | Pepperstone supports styles such as scalping and automated trading and provides user friendly TradingView About |
RoboMarkets | $100 Minimum Deposit | MT4, MT5, R StocksTrader Trading Platforms | 12,000+ Markets To Trade | RoboMarkets offers accounts including a MetaTrader Cent account and provides 12,000+ Stocks CFDs to trade on R StocksTrader About |
Pepperstone vs RoboMarkets Comparison
Both brokers can offer low spreads plus a commission charge. Pepperstone also offers trading without a commission charge. RoboMarkets provides a range of account types, from ECN to a Cent account.
Both offer MT4 and MT5. RoboMarkets additionally provides R StocksTrader. Pepperstone additionally provides cTrader and TradingView. Excluding R StocksTrader, Pepperstone offers more markets, but with R StocksTrader, RoboMarkets provides more.
Both brokers CFD trading, but in the UK, Pepperstone additionally provides spread betting.
Pepperstone is regulated by the CySEC in Cyprus, the FCA in the United Kingdom, the ASIC in Australia, the BaFin in Germany, the SCB in the Bahamas, the DFSA in Dubai and the CMA in Kenya.
RoboMarkets is regulated by the CySEC in Cyprus.
ECN conditions
Each allows scalping, news trading and automated trading. Pepperstone makes use of Equinix NY4 and LD4 Data Centres.
Quick comparison
Both offer trading on MT4 and MT5. Pepperstone also provides cTrader and TradingView, RoboMarkets also offers cTrader. On R StocksTrader, RoboMarkets can provide considerably more markets.
Minimum deposit and account types
The minimum deposit for Pepperstone is $200 or AU$200 or £200. The minimum deposit for RoboMarkets is $100.
- Pepperstone offers a Standard and a Razor account for CFD trading and in the UK additionally offers a spread betting account. Pepperstone provides trading guides, a market review and an economic calendar its website. Pepperstone says that latency is as low as 30ms. 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 offers social and copy trading via DupliTrade, Myfxbook and MetaTrader Signals.
- RoboMarkets offers accounts based around its three platforms, MT4, MT5 and R StocksTrader. MT4 and MT5 each offer a Pro-Standard, Pro-Cent, ECN and Prime accounts. RoboMarkets's R StocksTrader is a web trading platform, which has many more markets available than the other accounts. RoboMarkets also offers a CopyFX account (which supports transaction copying) and a RAMM account (which supports strategy copying).
- RoboMarkets's minimum deposit for all accounts is $100. The Prime account is an ECN account with lower commission charges. RoboMarkets offers an Islamic (Swap Free) version for some of these accounts. The minimum trade size is 0.0001 lots. RoboMarkets provides a range of tools including analysis, an economic calendar, webinars and education. It offers the R StocksTrader Strategy Builder for building robots. EAs and scalping are allowed at RoboMarkets.
Markets
- Pepperstone offers Forex, Indices, Energy, Stocks, Metals, Soft Commodities and Cryptocurrencies, with 1000+ available.
- RoboMarkets offers Forex, Indices, Energy, Stocks, Metals, Soft Commodities, Cryptocurrencies and ETFs, with 12,000+ available.
Pepperstone provides 60+ Forex pairs, RoboMarkets provides 45+ Forex pairs (on R StocksTrader).
Broker | Trading Platforms | Description |
---|---|---|
RoboMarkets Broker | MT4, MT5, R StocksTrader Trading Platforms | RoboMarkets offers a range of account, including a Cent account and provides 12,000+ markets to trade on R StocksTrader Description |
Pepperstone Broker | MT4, MT5, cTrader, TradingView Trading Platforms | Pepperstone provides high speed order execution supporting different trading styles and offers a wide range of platforms Description |
Cryptocurrency CFDs
- Pepperstone offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, Cardano, Chainlink, Solana, Uniswap, Polygon, Terra, Polkadot, Avalanche, Dogecoin, Dash, Binance Coin, EOS and Tezos CFDs.
- RoboMarkets offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, Cardano, Chainlink, Solana, Uniswap, Polygon, Terra, Polkadot, Avalanche, Dogecoin, Algorand, Monero, Tron, Cosmos, Decentraland and Binance Coin CFDs.
Spreads and leverage
Both brokers offer low spreads plus a commission charge. Pepperstone additionally provides Forex spreads from 0.6 without a commission charge, while RoboMarkets offers Forex spreads from 1.3 without a commission charge.
Maximum leverage for Pepperstone (CySEC regulated) is . Maximum leverage for RoboMarkets (CySEC regulated) is .
Commissions
- Pepperstone charges a commission of $3.76 or AU$3.5 or €2.61 per lot per side on the Razor account, depending on the account currency. cTrader commissions are 7 units per lot round trip of the first quoted currency in the traded currency.
- RoboMarkets commission are $2 per lot per side for its ECN accounts except for its Prime account where they are $1.5 per lot per side.
Online trading platforms
Both brokers offer MT4 and MT5. Pepperstone additionally provides cTrader and TradingView. RoboMarkets additionally offers R StocksTrader.
Why Pepperstone or RoboMarkets ?
Both offer ECN trading and MT4 and MT5. RoboMarkets also provides a web trader, R StocksTrader, which has many more markets. Traders who execute their own trades may use either broker. R StocksTrader is a user friendly trading platform with a very large offering of markets, in particular Stocks CFDs. cTrader is also a user friendly platform as is TradingView. R StocksTrader, cTrader, TradingView, MT4 and MT5 offer automated trading with robots (R StocksTrader lets the trader run robots on the cloud without needing a VPS). Both brokers allow the trader to use social and copy trading. Trader who want to trade with small trade sizes may use the Cent account at RoboMarkets.
Comparison summary
- Each offers CFD trading
- Both can provide trading with or without a commission charge
- RoboMarkets can offer more markets overall (with R StocksTrader)
- RoboMarkets offers more Stocks CFDs
- Each offers MT4 and MT5, Pepperstone also provides cTrader and TradingView
- RoboMarkets additionally offers R StocksTrader
- Both brokers allow copy trading and trading with robots
- RoboMarkets has a Cent account, with small trade sizes