Pepperstone
TD AmeriTrade
Our Rating
98
41
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Regulations and Licenses

Feature
Pepperstone
TD AmeriTrade
ASIC (Australia)
CYSEC (Cyprus)
FSC (Mauritius)

Brokerage

Feature
Pepperstone
TD AmeriTrade
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
1.4
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.40
1.3
AUD/USD Avg. Standard Spread
1.20
1.2
Commissions (USD Base)
$3.50
-
Minimum Deposit
$0
$2000
Swap Free Account
No Inactivity Fees
Funding Methods
16+
5+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
TD AmeriTrade
Currency Pairs
62+
70+ (Spot)
Cryptocurrency CFDs*
12+
-
Index CFDs
14+
4+ (Spot)
Share CFDs
300+
4,200+ (Spot)
Commodities CFD
9+
2+ (Spot)
Stockbroking
4,200+ (Spot)
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max Leverage (Australia)
500:1
-
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (United Kingdom)
500:1
-
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (Europe)
500:1
-

*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
TD AmeriTrade
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
TD AmeriTrade
Our Rating
980
410
 

Pepperstone and TD Ameritrade are two prominent brokers in the trading industry, each with its unique offerings. Pepperstone is renowned for its forex trading services, offering a wide range of currency pairs and a choice of trading platforms. On the other hand, TD Ameritrade is a US-based broker that provides a comprehensive suite of investment options, including stocks, options, and futures.

Pepperstone allows scalping, provides better tools for forex algorithmic trading, and has a wider range of investment products than TD Ameritrade. TD Ameritrade has a more advanced desktop trading platform. Pepperstone is regulated by top-tier authorities like ASIC and FCA, while TD Ameritrade is overseen by FINRA in the U.S.