OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service.
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.
Pros
Full range of investments
Low minimum deposit
Highly rated
MetaTrader 4 and 5
Copy trading
Commission-free trading
Mobile app compatibility
Negative balance protection (Within EU)
No deposit & withdrawal fees
Comprehensive educational content
Bonuses and contests available (non-EU)
High Leverage 1:500 (non-EU)
Demo account with access to unlimited virtual funds
Offers Islamic accounts
Cons
Few payment methods
No global stocks trading
Zero pip spreads unavailable
The global entity is regulated offshore
Small selection of tradeable instrument
Awards
Most Secure Broker Indonesia 2022- International Business Magazine
Best Global Broker Asia 2022- International Business Magazine
Best Forex Broker Pakistan 2022- Global Brands
Best Forex Broker India 2022- World Finance
Best Mobile Trading Platform 2022- FXDailyInfo
Best In Class For Social Copy Trading 2022- Forexbrokers.com
Best Trading Conditions Asia 2021- World Business Outlook
Best Overall Broker 2023 - DayTrading.com
Best Trading App - DayTrading.com 2022
Best Forex Broker - DayTrading.com 2021
#1 Overall Client Satisfaction - UK Investment Trends 2022
#1 Value for Money - UK Investment Trends 2022
#1 Quality of Trade Execution - UK Investment Trends 2022
#1 Ease of Platform Navigation - UK Investment Trends 2022
#1 Charting - UK Investment Trends 2022
Best Forex Broker Overall - Compareforexbrokers.com 2022
Best MT4 Broker - Good Money Guide Best MT4 Broker 2022
Top 5 MetaTrader brokers - Broker Chooser Top 5 MetaTrader brokers 2022
Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.
Pepperstone offers an impressive range of third-party platforms, including DupliTrade, a tool that allows investors to automatically replicate the trading activity of experts
Trade CFDs on the financial markets with floating spreads and flexible leverage.
Trade CFDs across a wide range of assets with up to 1:500 leverage for professionals and 1:30 for retail clients
Leverage
1:500 (Global), 1:30 (EU)
1:500
FTSE Spread
1.8
1.0 pts
GBPUSD Spread<
1.1
0 pips (Via Razor)
Oil Spread
0.7
2.0 pips
Stocks Spread
Variable
From 0.0 pts for US shares
Forex Trading
OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.
Pepperstone offers spreads from 0.0 pips on the Razor account and has 60+ pairs available to trade. Lots start at 0.01.
Forex App
OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
Pepperstone deliver their MetaTrader 4 and MetaTrader 5 platforms across both Android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the Pepperstone mobile app is a powerful addition.
GBPUSD Spread
1.1
0 pips (Via Razor)
EURUSD Spread
0.7
0 pips (Via Razor)
EURGBP Spread
2.1
0 pips (Via Razor)
Assets
35
60+
Cryptocurrency
Trade 30+ popular digital currencies paired with the USD.
Pepperstone offers a long list of popular cryptocurrencies
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.
Traders from US not accepted