Pepperstone vs Trade360 - Compare Trading Brokers

Pepperstone vs Trade360 FX Broker Comparison

Pepperstone versus Trade360 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$200MT4, MT5 cTrader95+FCA, ASIC
$500MT4, ParagonEx120+CySEC

Pepperstone and Trade360 Comparison

Pepperstone is an ECN broker which also offers STP trading, that is it has account which have trading without a commission charge and accounts which can charge commissions, but have higher spreads. Trade360 provides fixed spreads, and as well offers crowd trading.

The platform available reflect the different approaches of these brokers. Pepperstone offers MT4 for all account holder. Trade360 also provides MT4, but for some of its account types. Pepperstone offers the ECN trading platform, cTrader as well as MT5, while Trade360 offers the ParagonEx platform, which has crowd trading. Ppperstone is regulated by the FCA in the United Kingdom and the ASIC in Australia, while Trade360 is regulated by the CySEC in Cyprus.

Quick comparison

Pepperstone is an ECN broker offering MT4, MT5 and cTrader. Trade360 provides ParagonEx with a crowd trading new feed and also offers MT4.

Minimum deposit and account types

The minimum deposit for Pepperstone is AU$/$/£200 and the minimum deposit for Trade360 is $500.

  • 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 and hence offer higher spreads as they include a mark up. The Razor account charges commissions and allows scalping. Pepperstone provides trading guides, a market review and an economic calendar its website.
  • 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.
  • Trade360 offers five account types and an Islamic account. The minimum deposit for the Mini Account is $500, the minimum deposit for the Standard360 account is $1000 (the minimum deposit for StandardMT4 is $500), the minimum deposit for the Gold account is $5000, the minimum deposit for the Platinum and Islamic360 accounts is $10,000 and the minimum deposit for the VIP account is $50,000.
  • All Trade360 account types offer the Live CrowdTrading Feed, trading signals, 24/5 Live Chat and Whatsapp Support. MT4 is available for all account types except the Mini account. The Gold, Platinum and VIP accounts offer additionally personal push and SMS Notifications, exclusive market updates and SMS trading signals.

Markets

  • Pepperstone offers Currency Pairs, Indices, Energy, Soft Commodities, Metals and Cryptocurrencies, with 95+ available.
  • Trade360 offers Currency Pairs, Indices, Energy, Soft Commodities, Metals, Stocks and ETFs, with 120+ available.

Cryptocurrency CFDs

  • Pepperstone provides Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash and Ripple.

Spreads and leverage

  • Spreads at Pepperstone are variable and are from 0.0 for EUR/USD (with an average of 0.2), 1 for UK100, 0.6 for Gold and 0.05 for US Crude Oil. For the Standard account EUR/USD spreads are from 1 (with an average of 1.2).
  • Trade360's spreads are fixed, from 1.8 for EUR/USD, 0.45 for Gold and 0.05 for US Crude Oil.

Maximum leverage for Pepperstone (FCA regulated) is . Maximum leverage for Trade360 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.

Trade360 does not charge commissions.

Platforms

Pepperstone provides MT4 and MT5, available for desktop, mobile and tablets. Pepperstone also provides Smart Trader Tools by Pepperstone, for MT4. These tools include assistance with making trading decisions and indicators.

Pepperstone also offers cTrader, which provides ECN connections, with Level II pricing. cTrader is available as a WebTrader on mobile and with cAlgo (for trading automation).

Trade360 also provides MT4, except for its Mini account. In addition it offers the ParagonEx platform. ParagonEx offers 50+ techincal indicator, candlestick, OHLC, line, hollow candles, Heikin-Ashi, bar forest, area, HLC, coloured bar HLC, coloured bar OHLC, line dot and dot charts and time frames from tick to 1 month. It also offers the Crowd Trading Live Feed.

Why Pepperstone or Trade360 ?

Both offer MT4. Pepperstone is an ECN broker, offering MT5 and cTrader. Trade360 provides a crowd trading news feed on ParagonEx.

Comparison summary

  • Pepperstone is an ECN broker which also offers STP trading
  • Trade360 provides fixed spreads trading and crowd trading
  • Pepperstone can offer variable spreads with or without a commission charge
  • Pepperstone's spreads with a commission charge can be very low
  • Both brokers provide MT4
  • Pepperstone also offers MT5 and cTrader
  • Trade360 also provides ParagonEx, with crowd trading

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