Pepperstone
Markets.com
Our Rating
98
58
75.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider
67.7% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider

Regulations and Licenses

Feature
Pepperstone
Markets.com
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
DFSA (Dubai)
BaFin (Germany)
CMA (Kenya)
FSC BVI (British Virgin Islands)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
Markets.com
EUR/USD Avg. Raw Spread
0.10
-
GBP/USD Avg. Raw Spread
0.30
-
AUD/USD Avg. Raw Spread
0.20
-
EUR/USD Standard Spread
1.10
1.6
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.30
1.6
AUD/USD Avg. Standard Spread
1.20
1.9
Commissions (USD Base)
$3.50
-
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
16+
4+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
Markets.com
Currency Pairs
93
54+
Cryptocurrency CFDs*
21
24+
Index CFDs
23
38+
Share CFDs
1.300
1800+
Commodities CFD
29
28+
Stockbroking
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 20:1
Minor Pairs 10:1
Pro. Max Leverage (Australia)
500:1
300:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 20:1
Minor Pairs 10:1
Pro. Max. Leverage (United Kingdom)
500:1
300:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 20:1
Minor Pairs 10:1
Pro. Max. Leverage (Europe)
500:1
300:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (UAE)
500:1
-
Retail Max. Leverage (Kenya)
400:1
-
Retail Max. Leverage (New Zealand)
300:1
Pro. Max. Leverage (New Zealand)
300:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
Markets.com
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Pepperstone
Markets.com
Our Rating
98
58
 

Our comparison covers the most important trading factors that differentiate Pepperstone and Markets.com. Pepperstone is a no dealing forex broker that offers trading in 92 currency pairs. Markets.com is a market maker that offers trading in over 50 forex pairs.

Pepperstone provides round-the-clock customer support, while Markets.com offers customer support services from Monday to Friday. However, Pepperstone has faster response times and more extensive educational resources. Pepperstone has a stronger regulatory framework with 7 top-tier regulators, while Markets.com has 5 financial authorities overseeing them.

Founded in 2010, Pepperstone is an Best Forex Brokers In Australia and has grown into one of the largest forex CFD brokers in the world. Their global presence includes regulation in 6 countries plus the EU. However, note that Pepperstone does not serve Canadian and US traders. Markets.com was founded in 2009 and is now in three countries plus the EU. Over 4.3 million users are trading with Markets.com across the world.