Charles Schwab vs Pepperstone

Charles Schwab vs Pepperstone Comparison Table 2022
Charles Schwab Pepperstone
Charles Schwab is a large US investment broker offering a massive range of stocks, ETFs and equity derivatives in a variety of savings and investment accounts Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms.
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best Forex Broker 2021 - DayTrading.com
Bonus
None None
Instruments
Stocks, Futures, Options, Crypto, ETFs CFD, Forex, Indices, Crypto, Futures, Spread betting
Demo Account
Yes Yes
Minimum Deposit
$1 £200 / $200
Payment Methods
ACH Transfer, Wire Transfer Apple Pay, Credit Card, Debit Card, Mastercard, POLi, QIWI, UnionPay, Visa
Minimum Trade
1 0.01 Lots
Regulator
SEC, FINRA, FCA1 FCA, ASIC, SCB, DFSA, CMA, BaFin
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes Yes
Robo Advisor
Yes No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
Yes Yes
Trade Signals
- Yes (Via Chartist Software)
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Social Trading
No No
Copy Trading
No Yes
Islamic Account
No No
Account Currencies
USD USD, EUR, GBP, CAD, AUD, JPY, CHF
CFD
CFD trading not offered
Leverage
1:500
FTSE Spread
1 pt
GBPUSD Spread
0.38 pips (Via Razor)
Oil Spread
0.7 pips
Stocks Spread
DAX (0.9 pts in main trading session), DOW (1.6 pts in main trading session)
Forex
Forex trading not offered Pepperstone offers spreads from 0.0 pips on the Razor account and have almost 61+ pairs available to trade. Lots start at 0.01.
GBPUSD Spread
0.38 pips (Via Razor)
EURUSD Spread
0.09 pips (Via Razor)
EURGBP Spread
0.49 pips (Via Razor)
Assets
180
Cryptocurrency
Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks. Pepperstone offers trading on the major Cryptocurrencies via a range of trading platforms.
Spread
Floating BTC $10, ETH $4
Coins
GBTC, BITW BCH, BTC, ETH, LTC, DASH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
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