Pepperstone
ThinkMarkets

Regulations and Licenses

Feature
Pepperstone
ThinkMarkets
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
FINMA (Switzerland)
CYSEC (Cyprus)
DFSA (Dubai)
BaFin (Germany)
FSA (Seychelles)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
ThinkMarkets
EUR/USD Avg. Raw Spread
0.17
0.1
GBP/USD Avg. Raw Spread
0.59
-
AUD/USD Avg. Raw Spread
0.24
-
EUR/USD Standard Spread
0.77
-
EUR/USD Fixed Spreads
-
Commissions (USD Base)
$3.50
$3.50
Minimum Deposit
$0
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
6+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
ThinkMarkets
Currency Pairs
62+
46+
Cryptocurrency CFDs*
12+
21+
Index CFDs
14+
21+
Share CFDs
300+
1200+
Commodities CFD
9+
15+
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
500:1
Retail Max. Leverage (The United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (The United Kingdom)
500:1
500:1
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
500:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (UAE)
500:1
-
Pro. Max. Leverage (South Africa)
500:1
Retail Max. Leverage (With offshore regulators)
200:1
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
ThinkMarkets
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
ThinkMarkets