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Top ratedPepperstone logoPepperstone
4.8
Visit
Our score4.5 / 54.8 / 5
Trust & Regulation
4.7
4.9
Fees & Spreads
4.4
4.8
Platforms & Tools
4.5
4.9
Research & Education
4.6
4.4
Deposits & Withdrawals
4.2
4.8
Customer Support
4.2
4.5
Minimum deposit$25$0
Maximum leverage1:1,0001:500
Spreads from (EUR/USD)0.0 pips0.0 pips
Typical EUR/USD spread (standard account)0.8 pips1.0 pips
Commission (raw / ECN account)From $1.80 per side per lot (Zero accounts)$3.50 per side per lot (Razor account)
Execution modelMarket Maker, STPECN, STP, NDD
Minimum trade size0.01 lots0.01 lots
Trading platformsMetaTrader 4, MetaTrader 5, Proprietary platform, Web Trader, Mobile AppMetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary platform, Mobile App
MarketsForex, Indices, Commodities, Metals, Energies, Stocks, ETFs, Bonds, CryptoForex, Indices, Commodities, Metals, Energies, Stocks, ETFs, Crypto
Number of instruments8,000+1,300+
FeaturesDemo Account, Negative Balance Protection, Segregated Funds, Islamic Account, Copy Trading, Scalping Allowed, Hedging Allowed, EAs / Algo Trading, Free VPS, Investor CompensationDemo Account, Islamic Account, Copy Trading, Scalping Allowed, Hedging Allowed, EAs / Algo Trading, Free VPS, Negative Balance Protection, Segregated Funds, Investor Compensation
RegulatorsFCA, CySEC, ASIC, EFSA, FSCA, JSC, FSA (SC)FCA, ASIC, BaFin, CySEC, DFSA, CMA, SCB
License numbersFCA FRN 595450, CySEC 201/13, ASIC AFSL 410681ASIC AFSL 414530, FCA FRN 684312, CySEC 388/20, DFSA F004356, CMA 128, SCB SIA-F217
Restricted countriesUSA, Canada, BelgiumUSA, Canada, Belgium
Deposit methodsBank Transfer, Credit/Debit Card, PayPal, Skrill, Neteller, CryptoBank Transfer, Credit/Debit Card, PayPal, Skrill, Neteller, Apple Pay, Google Pay, UnionPay
Withdrawal processing time1 business daySame day for most methods
Deposit / withdrawal feesOne free withdrawal per monthNo deposit or withdrawal fees (except some international wires)
Account base currenciesUSD, EUR, GBP, CHF, PLN, BGNUSD, EUR, GBP, AUD, CAD, CHF, JPY, SGD, HKD, NZD
Support channelsLive Chat, Email, PhoneLive Chat, Email, Phone
Support hours24/524/5
Support languages—English, Chinese, Spanish, German, Arabic, Thai
Pros
  • Regulated by FCA, CySEC and ASIC
  • MetaTrader Supreme Edition add-on
  • 8,000+ instruments including real stocks
  • Low $25 minimum deposit
  • Licensed by FCA, ASIC, BaFin and other top regulators
  • No minimum deposit and razor-thin raw spreads
  • Excellent platform choice incl. TradingView and cTrader
  • Fast, reliable execution with no dealing desk
Cons
  • Inactivity fee after 24 months
  • No cTrader or TradingView trading
  • Support is not 24/7
  • Customer support is not 24/7
  • Smaller stock CFD range than some multi-asset brokers
  • Not available to US clients