Pepperstone vs Spread Co Comparison

Pepperstone vs. Spread Co Broker Comparison
Pepperstone versus Spread Co Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
Minimum Deposit
MT4, MT5, cTrader, TradingView
Trading Platforms
Markets To Trade
Pepperstone offers automated trading on all its platforms (MT4, MT5, cTrader and TradingView)
Minimum Deposit
Web Trader & Apps
Trading Platforms
Markets To Trade
Spread Co offers spread betting and CFD trading on its user friendly Saturn platform

Pepperstone and Spread Co Comparison

Pepperstone provides rapid order processing with no dealing desk intervention, offering 1000+ market to trade and provides MT4, MT5, cTrader and TradingView. Spread Co offers a user friendly trading platform with 1500+ markets to trade.

Both brokers provide CFD trading, however in the UK each also offers spread betting. For CFD trading, traders can find Forex variable spreads from 0 plus a commission charge at Pepperstone. For spread betting, traders can find fixed spreads from 0 without a commission charge at Spread Co.

Pepperstone is regulated by the FCA in the United Kingdom, the ASIC in Australia, the CySEC in Cyprus, the BaFin in Germany, the CMA in Kenya, the SCB in Bahamas and the DFSA in Dubai. Spread Co is regulated by the FCA in the United Kingdom.

Quick comparison

Pepperstone offers MT4, MT5, cTrader and TradingView. Spread Co provides a web trader and apps. Spread Co has more markets to trade, Pepperstone allows automated trading.

Account types and minimum deposit

The minimum deposit for Pepperstone is £200 or $AU/$200. The minimum recommended amount to be deposited with Spread Co is £200 for spread betting and £250 for CFD trading.

  • 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.
  • Spread Co has three spread betting account types: Spread Free, Spread Free Bronze and Standard. It also has a CFD trading account. Spread Free and Spread Free Bronze offers zero spreads on some markets, T&Cs apply. Spread Free Bronze charges a fee and has less restrictions. Spread Co provides news and analysis on its website and a relationship manager for all account holders.


  • Pepperstone offers Currency Pairs, Indices, Energy, Metals, Stocks, Soft Commodities, and Cryptocurrencies.
  • Spread Co offers Currency Pairs, Indices, Energy, Metals, Stocks, ETFs and ADRs.

Spread Co offers more, with 1500+, versus 1000+ for Pepperstone.

Spreads and leverage

  • Pepperstone offers variable Forex spreads from 0 with a commission charge and from 1 without a commission charge. Spread Co provides fixed Forex spreads from 0 without a commission charge (for spread betting).

The maximum leverage for Pepperstone (CySEC regulated) is . The maximum leverage for Spread Co is .


  • Spread Co does not charge Forex commissions.
  • Pepperstone charges a commission of $3.76 or AU$3.5 or €2.61 per lot per side for Forex 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

Spread Co provides the Saturn platform, available on desktop, tablet and mobile.

Pepperstone offers MT4, MT5, cTrader and TradingView, available on desktop, tablet and mobile.

Why Pepperstone or Spread Co ?

Traders who want to trade on MT4, MT5, cTrader or TradingView may do so at Pepperstone. Trader who want to spread bet with spreads from 0, can do so at Spread Co. Traders who want to use automated trading, can do so at Pepperstone.

Comparison summary

  • Both brokers offer CFD trading
  • In the UK, each broker additionally provides spread betting
  • Pepperstone offers MT4, MT5 and cTrader
  • Spread Co provides a user friendly web trader and apps
  • Pepperstoen can offer variable Forex CFD spreads from 0 plus commission
  • Spread Co provides fixed Forex spread betting spreads from 0 without a commission charge