Broker Reviewed

Pepperstone
Oanda
Our Rating
9.17
7.33
Most Awarded Broker
Best for low spreads

Regulations and Licenses

Feature
Pepperstone
Oanda
ASIC (Australia)
FCA (UK)
MAS (Singapore)
CFTC (U.S.A)
FSCA (South Africa)
Pending
FINMA (Switzerland)
CYSEC (Cypus)
IIROC (Canada)
FMA (New Zealand)
Dubai (DFSA)

Brokerage

Feature
Pepperstone
Oanda
EUR/USD Avg. Raw Spread
0.13
0.6
GBP/USD Avg. Raw Spread
0.51
AUD/USD Avg. Raw Spread
0.18
N/A
EUR/USD Standard Spread
1.13
1.1
EUR/USD Fixed Spreads
Commissions (USD Base)
AUD $3.50
AUD 3.50
Commission Rebates
Minimum Deposit
$200
$0
Has Islamic Account
No Inactivity Fees
Funding Methods
16
6
No Funding Fees

Markets and Instruments

Feature
Pepperstone
Oanda
Currency Pairs
66+
70+
Cryptocurrency CFDs
4+
1+
Index CFDs
2+
16+
Share CFDs
5+
Commodities CFD
4+
31+
Stockbroking
Retail Max. Leverage
500:1
30:1 (Europe) / 20:1 (SG) / 100:1 (Intl)
Professional Leverage
500:1
100:1

Trading Platforms + Tools

Feature
Pepperstone
Oanda
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
ESMA regulated territories only
ESMA regulated territories only
Demo Account
Unique Feature 1
Smart Trader Tools
Fast Execution
Unique Feature 2
Fast Execution Speed
Customer Service

Overall

Pepperstone
Oanda