Pepperstone vs Trader's Way 2025

2. Better Trading Platform – Pepperstone

The trading platform connects you to the currency markets and is essentially your control tower. Most serious brokers offer a bunch of platforms to cater to different trader needs.

Pepperstone offers MT4, MT5, cTrader, TradingView and a few proprietary platforms including CopyTrading by Pepperstone for copy trading and Pepperstone Trading App.

I personally prefer their MT4 setup because it combines the standard MT4 features with powerful Smart Trader Tools add-ons and Pepperstone’s pricing and execution technology. It’s no wonder I still rate them as the best MT4 broker out there.

Basically, you’ve got over 85 built-in indicators at your disposal e.g RSI, MACD, Bollinger Bands. You can also download or code thousands of custom indicators to build a trading environment that actually fits how you trade.

Charts are fully interactive and customizable, with multiple timeframes and layouts. For scalpers and news traders, one-click trading straight from the chart is available to help you react instantly to price moves without fumbling through menus.

And thanks to MQL4 integration, you can build and run Expert Advisors (EAs) to fully automate your strategy. If you want 24/7 reliability, they even provide VPS hosting with ultra-low latency, so your bots keep firing even when your computer is off.

Trader’s Way platform offering is similar to Pepperstone, only that they lack TradingView and their own proprietary platforms.

If you’re a staunch MetaTrader user I think you’ll find MT4’s analytical tools sufficient for everyday trading. You get 9 timeframes to analyse the dynamics of quotations in details and over 50 built-in technical indicators.

The added ECN access is also a nice touch, allowing you to plug directly into interbank liquidity and enjoy fast execution and no dealer interference. Moreover, you can enjoy fast and convenient one-click trading in MT4 and MT5 with the QuickDeal tool.

cTrader is a great alternative for the MetaTrader platforms but it’s more popular with experienced traders who prioritize transparency and fast execution. Trader’s Way version has a QuickTrade interface that allows you to place orders directly from Market Watch or TradeWatch, or trade straight from the chart.

Speaking of charting, you get all the tools necessary for effective technical analysis, including all major trend indicators, oscillators, volatility measures and other major indicators.

I appreciate the platform’s Level II Pricing which shows you real-time liquidity for each currency pair, with volume available at every price level. It gives you a clearer picture of the market helping you gauge how prices might move before they even show on the chart.

For copy and social trading, Trader’s Way has partnered with MetaQuotes and FxStat, letting you follow other traders’ strategies directly into your own account.

I’ve created a software questionnaire with six questions to help you find the best trading platform for your style.

Verdict

Pepperstone offers better trading platforms with more choice, faster execution, and powerful add-ons that Trader’s Way can’t match.

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*Your capital is at risk ‘73.7% of retail CFD accounts lose money’

3. Superior Accounts And Features – Tradersway

Pepperstone offers two CFD account types, both of which can be accessed via the trading platforms I’ve mentioned above. The key difference between them is in the way you’re charged for trading CFDs on FX markets.

First off you have the Standard account where all fees (apart from any overnight funding) are included in the spread and you pay no commission. But you should note that shares and ETFs carry a small per-share charge that starts at 0.02 USD for US equities.

Then there’s the Razor (Raw) account with raw spreads starting from 0.0 on FX and you pay a fixed, transparent commission of 3.50 USD per lot per side. All the non-FX markets are charged the same way they are on Standard, so you only switch to commission pricing where it actually helps.

Both accounts feature useful risk management tools such as stop-losses, trailing stops, take-profit, and price alerts that give you real control over your positions.

Trader’s Way gives you four main account types, each tied to a specific platform. MT4 specifically offers MT4.ECN with raw spreads plus commission and MT4.VAR which has variable spreads starting from 0.7 pips and no commission.

If you prefer MT5, the MT5.ECN account mirrors the ECN model on the newer platform. Same raw spreads, same commission structure, but with all the added firepower MT5 brings.

cTrader ECN (CT.ECN) is designed to take advantage of cTraders top features like speed, transparency, and Level II pricing. It runs on variable spreads from zero pips with commission added on top and leverage is up to 1:500.

Stop-out levels are set at 40%, and demo versions are available for testing across all accounts.

Unfortunately, swap-free option is only available on MT4.VAR, so if you’re trading under Islamic finance rules, that’s your only path here.

Verdict

Trader’s Way is ahead on account variety and features.

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4. Best Trading Experience And Ease – Pepperstone

A broker’s execution speed and reliability generally determine if you’ll have a good or bad trading experience.

Pepperstone has built its reputation on execution and the numbers back it up. Limit orders average 77 milliseconds, which is good enough for 2nd place out of around 36 brokers I tested. Market orders average 100ms, ranking them 10th overall. That’s lightning fast in retail terms, and it’s why scalpers and algo traders keep gravitating toward Pepperstone.

Trader’s Way appeared slower in my tests, ranking much lower with limit orders averaging 198ms and market orders at 214ms. In volatile markets, those extra milliseconds may lead to negative slippage.

Verdict

Pepperstone’s trading experience is much better offering faster execution and smoother account management.

Pepperstone ReviewVisit Pepperstone

*Your capital is at risk ‘73.7% of retail CFD accounts lose money’

5. Stronger Trust And Regulation – Pepperstone

Pepperstone is one of the most heavily regulated brokers in the Forex and CFD trading industry. They hold tier-one licenses with ASIC in Australia, the FCA in the UK, BaFin in Germany, and CySEC in Cyprus.

On top of that, they’re covered by mid-tier regulators like the DFSA in Dubai, and even operate under tier-three oversight in the Bahamas and Kenya. This kind of regulatory footprint is the backbone of why Pepperstone is highly trusted by hundreds of thousands of traders globally.

I wouldn’t say the same for Trader’s Way as they operate out of the Commonwealth of Dominica with no top-tier regulation whatsoever. That’s a major red flag as it means you won’t have the same protections around client funds, dispute resolution, or transparency.

In fact, Trader’s Way has already had a brush with law, stemming from compliance issues. In 2016 they were hit with a cease-and-desist order in Missouri for operating without authorisation.

Pepperstone has a significantly larger review base and a slightly higher score, suggesting broader and more consistent customer satisfaction, with a Trustpilot score of 4.4 out of 5. Trader’s Way, on the other hand, shows decent ratings but with fewer reviews and a higher proportion of critical feedback, Trustpilot score of 4.3 out of 5.

I also used three main factors to determine a broker’s trust level: regulation, reputation and reviews. Pepperstone got a trust score of 91/100 in my reviews while Trader’s Way managed 24/100.

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Verdict

If you want reliability, investor protection, and a broker that’s held to the highest standards globally, you go with Pepperstone.

Pepperstone ReviewVisit Pepperstone

*Your capital is at risk ‘73.7% of retail CFD accounts lose money’

6. Most Popular Broker – Pepperstone

Looking at 2024 Google branded search data, Pepperstone dominates across every major market.

Country	Pepperstone	Trader's Way
Australia	8,100	390
Brazil	6,600	30
United Kingdom	5,400	260
United States	4,400	2,900
Malaysia	4,400	20
Thailand	4,400	20
Kenya	4,400	40
Germany	3,600	70
Hong Kong	3,600	10
Mexico	3,600	40
Colombia	3,600	70
India	2,900	1,000
South Africa	2,900	320
Italy	1,900	30
Spain	1,900	40
Mongolia	1,900	10
Singapore	1,600	10
Turkey	1,600	20
Indonesia	1,600	30
Peru	1,600	20
Pakistan	1,300	90
Nigeria	1,300	90
Argentina	1,300	20
Bolivia	1,300	10
France	1,000	390
Taiwan	1,000	10
United Arab Emirates	1,000	20
Chile	1,000	10
Ecuador	1,000	20
Netherlands	880	50
Philippines	880	20
Dominican Republic	880	10
Canada	720	320
Vietnam	720	10
Morocco	720	10
Poland	720	30
Tanzania	720	50
Portugal	480	20
Japan	480	20
Cyprus	480	20
Costa Rica	480	10
Sweden	390	10
Algeria	390	10
Bangladesh	390	40
Egypt	390	20
Botswana	390	20
Uganda	390	10
Ethiopia	390	10
Venezuela	390	10
Austria	320	10
Switzerland	320	20
Sri Lanka	320	10
Cambodia	320	10
Panama	320	10
Saudi Arabia	260	10
Ireland	260	10
Ghana	260	20
Jordan	260	10
Greece	210	10
New Zealand	170	10
Uzbekistan	140	10
Mauritius	110	10

2024 Monthly Searches For Each Brand

Pepperstone - Australia	8,100 1st
Trader's Way - Australia	390 2nd
Pepperstone - Brazil	6,600 3rd
Trader's Way - Brazil	30 4th
Pepperstone - US	4,400 5th
Trader's Way - US	2,900 6th
Pepperstone - Mexico	3,600 7th
Trader's Way - Mexico	40 8th

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People don’t type in a broker’s name unless they already know it, or they’ve heard about it enough to check it out. Traders flock to the Australian broker because it’s widely covered in financial media, and trusted by hundreds of thousands of traders.

Verdict

Pepperstone is the most popular broker worldwide, with far higher search demand and brand recognition than TradersWay across every major market.

Pepperstone ReviewVisit Pepperstone

*Your capital is at risk ‘73.7% of retail CFD accounts lose money’

7. Top Product Range And CFD Markets – Pepperstone

Among the brokers with the broadest range of CFD markets I’ve come across is Pepperstone. If your focus is on currency pairs you’ll find the 93 forex pairs offer a lot of opportunities compared to the 41 Trader’s Way has.

Pepperstone still goes on far more in the other markets including indices and commodities like metals, energies and agricultural products.

Even in newer markets like crypto, Pepperstone still has the upper hand with 37 digital assets, compared to just 9 at Trader’s Way.

And if you want even more opportunities Pepperstone has you covered with 1,200+ shares, ETFs, and futures, which Trader’s Way doesn’t offer at all.

Verdict

Pepperstone leads on product range, offering a wider selection of CFD products.

Pepperstone ReviewVisit Pepperstone

*Your capital is at risk ‘73.7% of retail CFD accounts lose money’

8. Superior Educational Resources – Pepperstone

I value Pepperstone’s commitment to trader education as they don’t just throw a few guides on a webpage and call it a day.

Traders of all levels are covered so if you’re just starting out, you’ll benefit from the guides and videos that cover the fundamentals of forex.

The live webinars are for seasoned traders. Here professional analysts dissect complex topics in forex trading like market psychology, technical strategy, and risk managementThey even host live trading sessions, so you can see theory applied in real time.

At Trader’s Way, there’s virtually nothing for beginners or intermediates, no structured courses, and no in-house analysis team. At best, you’ll find a basic market calendar and the occasional blog post, but nothing that genuinely helps you build skill.

Verdict

Pepperstone invests in long-term trader education, ensuring you understand the markets, build strategies, and stay sharp as conditions change.

Pepperstone ReviewVisit Pepperstone

*Your capital is at risk ‘73.7% of retail CFD accounts lose money’

9. Superior Customer Service – Pepperstone

Pepperstone runs a 24/7 support desk, unlike Trader’s Way and many other brokers that offer 24/5 support. That means if you’re trading markets like crypto that are open on weekends, you’ll have someone on the other end if you need urgent assistance.

Support is available through live chat (both human and bot), email, and even WhatsApp, with multilingual coverage across their global client base. Their service consistently ranks #1 in Investment Trends surveys, topping categories like overall client satisfaction, value for money, platform navigation, and trade execution quality.

Trader’s Way offers the same support channels (except WhatsApp) plus multilingual support but honestly, their service quality is poor and responses often feel generic.

Verdict

Pepperstone delivers superior customer service with 24/7 multilingual support, expert staff, and top client satisfaction ratings.

Pepperstone ReviewVisit Pepperstone

*Your capital is at risk ‘73.7% of retail CFD accounts lose money’

10. Better Funding Options – Pepperstone

Pepperstone supports a massive range of base currencies, meaning you don’t have to worry about recurring conversion fees eating into your profits. They take Visa, Mastercard, bank transfers, PayPal, Neteller, Skrill, and even offer region-specific methods like POLi and BPAY in Australia and New Zealand.

Crypto and other digital wallets are also supported, so no matter where you are or how you prefer to move money, there’s usually a seamless option.

Trader’s Way offers the basics (bank cards, wire transfer, Neteller, Skrill) but instead of region-specific methods, they focus on crypto payments e.g Bitcoin, Ether.

Verdict

Pepperstone offers better and more secure funding options, including regional methods with more base currencies.

Pepperstone ReviewVisit Pepperstone

*Your capital is at risk ‘73.7% of retail CFD accounts lose money’

11. Lower Minimum Deposit – Pepperstone

Both Pepperstone and TradersWay let you open an account with no minimum deposit, so technically you could start trading with just a few dollars. Trader’s Way even promotes a $10 recommended deposit, which might sound attractive if you’re testing the waters. However, ten bucks in a live trading account is gone the second you place a single position of any size. In my view, it’s more of a marketing hook than a serious trading option.

Pepperstone takes a more realistic approach with no minimum deposit but recommends $200 which is a sensible starting point. That’s enough to actually manage risk, open positions in micro-lots, and start building good trading habits without blowing the account on trade one.

Verdict

Pepperstone wins here because the $200 recommended deposit guideline gives you a sustainable path rather than chasing the illusion of trading seriously on $10.

Pepperstone ReviewVisit Pepperstone

*Your capital is at risk ‘73.7% of retail CFD accounts lose money’

Our Final Verdict On Which Broker Is The Best: Trader’s Way or Pepperstone?

Pepperstone comes out on top across every major category I’ve covered from pricing and platforms to regulation, customer support and product range.

Best For Beginner Traders

Pepperstone is better for beginner traders, offering extensive educational resources and a $0 minimum deposit.

Best For Experienced Traders

Pepperstone stands out as the best choice for traders who already know their way around the market because of their competitive razor account, advanced trading platforms and comprehensive product range.