| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| Deriv | $5 Minimum Deposit | Deriv X, MT5, cTrader, Deriv EZ Trading Platforms | 100+ Markets To Trade | Deriv offer CFD trading on cTrader and MT5, including an STP account and on user friendly Deriv X, with no minimum deposit for these accounts About |
| Pepperstone | $200 Minimum Deposit | MT4, MT5, cTrader, TradingView Trading Platforms | 1000+ Markets To Trade | Pepperstone provides high speed order execution supporting a wide range of trading styles on MT4, MT5, cTrader and TradingView About |
Pepperstone vs Deriv Comparison
Pepperstone and Deriv are both reputable online brokers providing a range of trading platforms to cater to different trading needs. Pepperstone offers MT4, its successor MT5, and the cTrader and TradingView platforms. On the other hand, Deriv offers a suite of platforms aimed at different trading styles, including trades based on simulated markets. Just like Pepperstone, Deriv also offers cTrader and MT5, available as a web trader, for desktop download, and mobile use.
Both brokers offer CFD trading while Deriv provides 24/7 trading of simulated markets.
Pepperstone may be suited to traders interested in CFD markets, automated trading, and advanced trading methods. It caters to a wide range of traders seeking to trade CFDs on margin. Deriv could be a platform of choice for traders looking for accessibility across different platforms and markets, including CFDs on margin. Advanced Forex traders, including those interested in automated trading, may find Deriv's STP account of interest.
Quick comparison
Deriv is a suite of platforms including margin trading on MT5, cTrader and Deriv X and STP trading. Pepperstone is an MT4, MT5, cTrader and TradingView broker supporting a wide range of trading styles for margin trading.
Minimum deposit and key account features
The minimum deposit for Deriv is $5. The minimum deposit for Pepperstone is $200.
- Deriv offers a range of platforms and account types packaged into one platform. On its user friendly platform Deriv X it offers features such as a Trading Journal. Copy trading is supported via MQL5 Signals and cTrader Copy. While this page focuses on leveraged CFD trading, Deriv does provide other types of trading, including multipliers. Some products may not be available in some countries.
- 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.
Markets
- Deriv offers Forex, Metals, Indices, Energy, Stocks, Cryptocurrencies, ETFs and Options, with 100+ available.
- Pepperstone offers Forex, Metals, Indices, Energy, Stocks, Cryptocurrencies and Soft Commodities, with 1000+ available.
| Online Broker | Minimum Deposit | Deriv vs Pepperstone |
|---|---|---|
| Deriv | $5 Minimum Deposit | Deriv is a suite of platforms which supports different types of trading including CFD margin trading on user friendly Deriv X, cTrader and on MT5 (which includes an STP account). Deriv vs Pepperstone |
| Pepperstone | $200 Minimum Deposit | Pepperstone is a broker supporting high speed order execution and a wide range of trading styles providing MT4, MT5, cTrader and TradingView. Deriv vs Pepperstone |
Commissions
- Deriv does not charge commissions for Forex and Metals.
- 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.
Leverage
Maximum leverage for Deriv (MFSA regulated) is . Maximum leverage for Deriv (VFSC, BVIFSC, LFSA regulated) is 1000:1. Maximum leverage for Pepperstone (CySEC regulated) is . Maximum leverage for Pepperstone (SCB regulated) is 500:1.
Online trading platforms
Deriv offers MT5, cTrader and Deriv X for leveraged CFD trading. Pepperstone provides MT4, MT5, cTrader and TradingView.
Why Deriv or Pepperstone ?
Traders who want to trade markets including simulated markets 24/7 across a suite of platforms can try Deriv. Traders who want a broker focusing on high speed order execution and trading styles such as automated trading may consider Pepperstone. Such traders may also consider Deriv as it offers cTrader and an STP account on MT5. Traders who want to trade CFDs on a user friendly platform could try Deriv X on Deriv.
Comparison summary
- Both brokers offer CFD trading services
- Deriv provides round-the-clock trading on simulated markets
- Each offers copy trading and automated trading
- Both brokers support the MT5 and cTrader platforms for margin trading
- Pepperstone has Forex spreads from 0, plus commission
- In addition to MT5 and cTrader, Pepperstone offers MT4 and TradingView for margin trading
- Deriv provides its user friendly Deriv X platform
