Pepperstone
Plus500

Regulations and Licenses

Feature
Pepperstone
Plus500
ASIC (Australia)
FCA (UK)
MAS (Singapore)
FSCA (South Africa)
CYSEC (Cyprus)
FMA (New Zealand)
DFSA (Dubai)
BaFin (Germany)
CMA (Kenya)
FSA (Seychelles)
SCB (Bahamas)
Other Regulators

Brokerage

Feature
Pepperstone
Plus500
EUR/USD Avg. Raw Spread
0.10
-
GBP/USD Avg. Raw Spread
0.40
-
AUD/USD Avg. Raw Spread
0.20
-
EUR/USD Standard Spread
1.10
1.70
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.40
2.3
AUD/USD Avg. Standard Spread
1.20
1.4
Commissions (USD Base)
$3.50
-
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
16+
3+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
Plus500
Currency Pairs
62+
71+
Cryptocurrency CFDs*
12+
15+
Index CFDs
14+
67+
Share CFDs
300+
1816+
Commodities CFD
9+
22+
Stockbroking
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
300:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
500:1
300:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
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 (Singapore)
Major Pairs 20:1
Retail Max. Leverage (With offshore regulators)
Major Pairs 30:1
Minor Pairs 20:1
Professional Leverage
500:1
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
Plus500
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
Plus500
Our Rating
980
570
 

Our comprehensive comparison covers the 10 most important trading factors. Here are five noticeable differences between Pepperstone and Plus500:

  • Pepperstone offers tight no-commission spreads, while Plus500 has wider spreads.
  • Pepperstone provides MetaTrader 4, MetaTrader 5, and cTrader platforms; Plus500 offers its proprietary platform.
  • Plus500 is a market maker with wider spreads, while Pepperstone uses Electronic Communication Network (ECN) pricing.
  • Pepperstone’s customer service has won numerous industry awards, whereas Plus500’s support is limited to live chat.
  • Pepperstone offers multiple funding methods without fees for most, while Plus500 has certain fees depending on the payment merchant.