Pepperstone vs Titan FX Comparison

Pepperstone vs Titan FX Broker Comparison
Pepperstone versus Titan FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$200
Minimum Deposit
MT4, MT5, cTrader, TradingView
Trading Platforms
1000+
Markets To Trade
Pepperstone offers Forex trading with spreads from 0 pips for 14 pairs (plus commission), deep liqudiity and allows automated Forex trading
About
$200
Minimum Deposit
MT4, MT5
Trading Platforms
220+
Markets To Trade
Titam FX allows a wide range of trading styles, including automated trading and scalping
About

Pepperstone and Titan FX Comparison

Pepperstone and Titan FX are brokers offering fast order execution, low spreads and a competitive commission charge. They also provide accounts without a commissions charge and Islamic accounts. These brokers have differences in terms of markets offered and account features.

Thus these brokers offer services for traders who are interesting in both discretionary and automated trading, particularly Forex trading, though each also have a range of other markets. Both offer MT4 and MT5, though Pepperstone also provides cTrader and TradingView. Each provides CFD trading, but in the UK Pepperstone additionally offers spread betting.

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

Quick comparison

Both focus on high speed order execution, allowing a variety of trading styles with no dealing desk intervention. Pepperstone can offer more markets and platforms.

Minimum deposit and account types

The minimum deposit for Pepperstone is $200 or AU$200 or £200. The minimum deposit for Titan FX is $200.

  • 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.
  • Titan FX offers the Zero Standard STP account, the Blade ECN Zero account, an Islamic account and the Active Trader Program. Hedging, scalping and EAs are allowed for all account types, as is micro lot trading. Titan FX offers market analysis, Forex monthly commentary, economic news, Forex education and self improvement articles for a 'Forex Lifestyle'. Titan FX uses Equinix's NY4 Data Centre for fast order execution. Titan FX supports signal trading via MetaTrader.
  • Titan FX's Standard and Islamic accounts do not charge commissions, the Blade ECN account does charge commissions.
  • Titan FX's Active Trader Program provides a dedicated relationship manager, segregated client accounts, advanced reporting, custom solutions, virtual server hosting and aggregated anonymous data (AAD).

Markets

  • Pepperstone offers 1000+, covering Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities.
  • Titan FX offers 220+, covering Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities.
Pepperstone vs Titan FX Summary Table
BrokerTrading PlatformsDescription
Pepperstone
Broker
MT4, MT5, cTrader, TradingView
Trading Platforms
Pepperstone provides high speed order execution and allows automated trading, scalping and news trading and has many Stocks CFDs to trade
Description
Titan FX
Broker
MT4, MT5
Trading Platforms
Titan FX is an ECN Forex broker allowing a wide range of trading styles including automated trading and scalping
Description

Spreads and leverage

Both brokers can offer Forex spreads from 0 plus a commission charge. Pepperstone can offer Forex spreads from 0.6 without a commission charge and Titan FX can offer Forex spreads from 1 without a commission charge.

Maximum leverage for Pepperstone is 500:1 (in some regions). Maximum leverage for Titan FX is 1000:1.

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.
  • Titan FX charges a commission of $0.035 per 0.01 lots (i.e. $3.50 per lot) per side (thus $0.07 per micro lot round trip) on the Blade ECN account. Titan FX says that it approximates the USD charges and has a monthly review of these approximations for other account currencies.

Online trading platforms

Both offer MT4 and MT5. Pepperstone additionally provides cTrader and TradingView. Both have mobile apps. Pepperstone and Titan FX offer micro lot trading.

Why Pepperstone or Titan FX ?

Traders who want to trade on MetaTrader 4 (MT4) or its successor MetaTrader 5 (MT5) may do so at either broker. Traders who want to trade on cTrader or TradingView may do so at Pepperstone. Traders who want to trade at a broker with or without a commission charge, supporting a wide range of trading styles can do so at either broker. Traders who want a larger range of markets, could consider Pepperstone as it additionally provides more Stocks CFDs. Traders in the UK who want to spread bet can consider Pepperstone.

Comparison summary

  • Both brokers provide CFD trading
  • In the UK Pepperstone additionally offers spread betting
  • Both use Equinix infrastructure for high speed order processing
  • Both can offer accounts with or without a commission charge
  • Both allow trading with online trading robots
  • Both have MT4 and MT5
  • Pepperstone additionally provides cTrader and TradingView
  • Pepperstone has more markets to trade, including 1000+ Stocks CFDs on MT5