| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| easyMarkets | $25 Minimum Deposit | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | 275+ Markets To Trade | easyMarkets provides trading on MT4 and MT5 (including automated trading) and offers its user friendly platform, with tools such as dealCancellation and Freeze Rate and provides TradingView About |
| Pepperstone | $200 Minimum Deposit | MT4, MT5, cTrader, TradingView Trading Platforms | 1000+ Markets To Trade | Pepperstone allows automated trading on MT4, MT5, cTrader and TradingView providing rapid order processing About |
easyMarkets and Pepperstone Comparison
Pepperstone provides platforms and infrastructure for styles such as automated trading and scalping, however its platforms can also be used by traders who plan and execute their own trades (for example TradingView). easyMarkets offers fixed spreads on most of its platforms and provides tools for traders who plan and execute their own trades, however automated trading with EAs is available on MT4 and MT5.
Quick comparison
Both provide MT4, MT5 and TradingView. easyMarkets additionally offers the easyMarkets Platform, while Pepperstone additionally provides cTrader.
Minimum deposit and account types
The minimum deposit for easyMarkets is $25. The minimum deposit for Pepperstone is $200.
- easyMarkets offers Standard, Premium and VIP accounts (in the EEA, Standard and VIP are available). The minimum deposit for the Standard account is $25, for the Premium account is $2000 and for the VIP account is $10,000. Each ascending account type types offers lower minimum spreads. All account types provide a Personal Account Manager, 24/5 Phone and Live Chat and Trading Insights. The easyMarkets Platform offers dealCancellation, InsideViewer and Freeze Rate. The minimum trade size is 0.01 lots.
- 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
- easyMarkets offers 275+, covering Forex, Indices, Energy, Soft Commodities, Cryptocurrencies, Metals, Stocks and Options.
- Pepperstone offers 1000+, covering Forex, Indices, Energy, Soft Commodities, Cryptocurrencies, Metals and Stocks.
easyMarkets provides a particularly large number of Forex pairs, with 135+, compared with 60+ offered by Pepperstone. easyMarkets also offers FX Forwards and Options.
| Broker | Trading Platforms | Description |
|---|---|---|
| easyMarkets Broker | MT4, Web Trader Trading Platforms | easyMarkets offers trading on MT4, MT5, the user friendly easyMarkets Platform and TradingView, with fixed spreads on all except MT5, which has variable spreads from 0.5 Description |
| Pepperstone Broker | MT4, MT5, cTrader, TradingView Trading Platforms | Pepperstone is a no dealing desk broker supporting automated trading on MT4, MT5, cTrader and TradingView Description |
Cryptocurrency CFDs
- easyMarkets provides Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, Dash, Cardano, Chainlink, Dogecoin, Polkadot, Uniswap, Solana, Polygon, Avalanche, Algorand, Zcash, OmiseGO, Monero and Chiliz.
- Pepperstone provides Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, Dash, Cardano, Chainlink, Dogecoin, Polkadot, Uniswap, Tezos, Solana, Polygon, Avalanche, Binance Coin, EOS and Terra CFDs.
Spreads and leverage
- easyMarkets can offer variable Forex spreads from 0.5 without a commission charge while Pepperstone can offer variable Forex spreads from 1 without a commission charge. Additionally, Pepperstone offers variable Forex spreads from 0 with a commission charge, while easyMarkets offers fixed spreads from 0.7 without a commission charge.
Maximum leverage for easyMarkets (CySEC regulated) is . Maximum leverage for Pepperstone (CySEC regulated) is .
Commissions
- easyMarkets does not charge 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.
Online trading platforms
easyMarkets provides MT4, MT5, the easyMarkets Platform and TradingView. Pepperstone offers MT4, MT5, cTrader and TradingView.
Why easyMarkets or Pepperstone ?
Traders who want to trade on MT4 or MT5 may do so at either easyMarkets or Pepperstone. Traders who want to trade on TradingView may also do so at either easyMarkets or Pepperstone. Those who want to trade on cTrader, can find this platform at Pepperstone. Those who wish to trade on a user friendly platform with a wide range of tools such as dealCancellatiion, can do this on the easyMarkets Platform. Traders who want to use EA robots (for automated trading) can do so at both. Those who want to trade with fixed spreads, can do so at easyMarkets on MT4, the easyMarkets Platform and TradingView.
Comparison summary
- Both provide CFD trading
- In the UK, Pepperstone additionally provides spread betting
- Both offer MT4, MT5 and TradingView
- easyMarkets additionally offers its user friendly trading platform
- Both allow automated trading
- easyMarkets can offer fixed spreads from 0.7 (on MT4)
- Pepperstone is a no dealing desk broker
- easyMarkets has a $25 minimum deposit
