Dive into our comprehensive comparison between Pepperstone and Trading 212. We cover everything from trading costs and platforms to account types and customer service, helping you make an informed decision.
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Pepperstone and Trading 212 are both reputable brokers in the forex trading industry. However, they differ significantly in their offerings. Pepperstone is renowned for its advanced trading platforms and competitive spreads, while Trading 212 is known for its user-friendly interface and extensive educational resources.
When it comes to trading costs, both Pepperstone and Trading 212 have their unique offerings. Let’s delve into the details.
Pepperstone’s Standard account offers average spreads of 1.16 pips on EUR/USD, while Trading 212 offers average spreads of 0.8 pips on the same pair. Tight spreads are important as they reduce the cost of trading, especially for high-frequency traders. You can check out our unique research on low commission forex brokers for more information.
| Broker | Average Spread (EUR/USD) |
|---|---|
| Pepperstone | 1.16 pips |
| Trading 212 | 0.8 pips |
Pepperstone’s Razor account offers average spreads of 0.09 pips on EUR/USD, which is significantly lower than the spreads offered by Trading 212. For more details, you can refer to our exclusive research on lowest fixed spread forex brokers.
| Broker | Average Spread (EUR/USD) |
|---|---|
| Pepperstone | 0.09 pips |
| Trading 212 | N/A |
Pepperstone charges a commission of $3.76 per side and $7.53 round turn on its Razor account. Trading 212, on the other hand, does not charge any commission on its accounts.
| Broker | Per Side (USD) | Round Turn (USD) |
|---|---|---|
| Pepperstone | $3.76 | $7.53 |
| Trading 212 | $0 | $0 |
Both Pepperstone and Trading 212 do not charge any deposit or withdrawal fees.
Pepperstone does not charge any inactivity fee, while Trading 212 charges an inactivity fee of $10 per month after 180 days of inactivity.
Verdict: Trading 212 offers lower trading costs overall, making it a better choice for cost-conscious traders.
Pepperstone is regulated by several top-tier regulators, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), and the Cyprus Securities Exchange Commission (CySEC). Trading 212, on the other hand, is regulated by the FCA and the CySEC.
Verdict: Both brokers are highly regulated, but Pepperstone has a slight edge due to its regulation by more top-tier regulators.
| Broker | Regulators |
|---|---|
| Pepperstone | ASIC, FCA, CySEC |
| Trading 212 | FCA, CySEC |
Pepperstone offers arange of trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader. These platforms are known for their advanced trading tools and capabilities, making them a popular choice among experienced traders. You can learn more about Pepperstone’s trading platforms at our best cTrader forex brokers page.
Trading 212, on the other hand, offers a proprietary platform that is user-friendly and intuitive, making it ideal for beginner traders. You can learn more about Trading 212’s trading platform at our best forex broker demo accounts page.
Verdict: Pepperstone is the better choice for traders who prefer advanced trading platforms, while Trading 212 is more suitable for beginners.
Pepperstone offers two account types: Standard and Razor. The Standard account offers no commission but higher spreads, while the Razor account offers lower spreads with a commission. You can learn more about Pepperstone’s account types at our Islamic forex broker accounts page.
Trading 212 offers three account types: CFD, Invest, and ISA. The CFD account offers trading on a wide range of financial instruments with leverage, the Invest account offers commission-free investing in real stocks and ETFs, and the ISA account offers tax-free investing up to a certain limit. You can learn more about Trading 212’s account types at our best forex broker demo accounts page.
Verdict: Trading 212 offers more account types catering to different trading and investing needs, making it a more versatile broker.
Both Pepperstone and Trading 212 offer excellent customer service with 24/5 live chat, email, and phone support. However, Pepperstone goes a step further with its dedicated account manager for premium clients.
Verdict: While both brokers offer excellent customer service, Pepperstone’s dedicated account manager for premium clients gives it an edge.
| Criteria | Pepperstone | Trading 212 |
|---|---|---|
| 24/5 Live Chat | Yes | Yes |
| Email Support | Yes | Yes |
| Phone Support | Yes | Yes |
| Dedicated Account Manager | Yes (for premium clients) | No |
When considering other trading factors, both brokers have their unique strengths.
Pepperstone requires a minimum deposit of $200, while Trading 212 has no minimum deposit requirement.
Both brokers offer a variety of payment methods, including credit/debit card, bank transfer, and e-wallets.
Pepperstone offers superior trading conditions with faster execution speeds and lower slippage. Trading 212, on the other hand, offers a user-friendly platform and extensive educational resources. You can learn more about these trading factors at our Copy Trading page.
Verdict: Trading 212’s user-friendly platform and educational resources make it a great choice for beginner traders. However, Pepperstone’s superior trading conditions may appeal more to experienced traders.
| Criteria | Pepperstone | Trading 212 |
|---|---|---|
| Minimum Deposit | $200 | None |
| Payment Methods | Credit/Debit Card, Bank Transfer, E-Wallets | Credit/Debit Card, Bank Transfer, E-Wallets |
| Trading Conditions | Superior | User-friendly platform, extensive educational resources |
Best For Beginner Traders: Trading 212, with its user-friendly platform and extensive educational resources, is the best choice for beginner traders.
Best For Experienced Traders: Pepperstone, with its advanced trading platforms and competitive spreads, is the best choice for experienced traders.
| Criteria | Pepperstone | Trading 212 |
|---|---|---|
| Trading Costs | Higher | Lower |
| Trust and Regulation | More top-tier regulators | Fewer top-tier regulators |
| Trading Platforms | Advanced platforms (MT4, MT5, cTrader) | User-friendly proprietary platform |
| Account Types | Standard and Razor | CFD, Invest, ISA |
| Trading Environment | Superior (faster execution speeds, lower slippage) | User-friendly platform, extensive educational resources |
