Pepperstone vs Titan FX Comparison

Pepperstone vs Titan FX Broker Comparison

Pepperstone versus Titan FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$200MT4, MT5, cTrader150+FCA, ASIC
$200MT4, MT570+VFSC

Pepperstone and Titan FX Comparison

Pepperstone and Titan FX are ECN brokers offering fast order execution, low spreads and a competitive commission charge. They also provide STP/ECN 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. Pepperstone can offers Stocks CFDs on MT5. Pepperstone can additionally provide a range of Cryptocurrency CFDs to trade on all its platforms. Both offer MT4 and MT5, though Pepperstone also provides cTrader.

Pepperstone is regulated by the ASIC in Australia and by the FCA in the United Kingdom. Titan FX is regulated by the VFSC in Vanuatu.

Quick comparison

Both are ECN brokers, with STP accounts as well and focus on high speed order execution, allowing a variety of trading styles with no dealing desk intervention. Pepperstone can offer a wider range of 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 four account types. These are Standard, Razor, Islamic (Swap Free) and Active Traders. Pepperstone offers a weekly market review, a knowledge base, trading guides and an economic calendar. Pepperstone also provides Smart Trader Tools by Pepperstone, for MT4 and MT5. These tools include assistance with making trading decisions and indicators. Pepperstone uses Equinix's NY4 and LD4 Data Centres. Pepperstone offers support for social and copy trading through a range of platforms including ZuluTrade.
  • 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'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.
  • 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 social and copy trading via ZuluTrade and 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 150+, covering Forex, Indices, Energy, Metals, Soft Commodities, Stocks and Cryptocurrencies.
  • Titan FX offers 70+, covering Forex, Indices, Energy and Metals.

Spreads and leverage

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

Maximum leverage at Pepperstone (FCA regulated) is . Maximum leverage for Pepperstone (ASIC regulated) is 500:1. Maximum leverage at Titan FX is 500:1.

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. 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 may do so at Pepperstone. Traders who want to trade at an ECN 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 markets such as Stocks.

Comparison summary

  • Both brokers provide CFD trading
  • Each has ECN trading
  • Both use Equinix infrastructure for high speed order processing
  • Both can offer accounts with or without a commission charge
  • Each has accounts for higher volume traders
  • Both allow trading with online trading robots
  • Each supports social and copy trading
  • Both have MT4 and MT5
  • Pepperstone additionally provides cTrader
  • Pepperstone has more markets to trade and a wider range (including Stocks and Crypto CFDs)

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