Pepperstone vs Cryptobo

Pepperstone vs Cryptobo Comparison Table 2024
Pepperstone Cryptobo
4.8
1.5

Cryptobo is #8 in our binary options broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Pepperstone is a leading online broker with over 400,000 clients in more than 175 countries. The top-rated brokerage offers excellent market access, industry-leading platforms in MT4, MT5, TradingView and cTrader, plus low fees with no hidden charges. Pepperstone is also heavily regulated with a high trust score, holding licenses with reputable bodies, including the FCA, ASIC, DFSA, and CySEC.

Cryptobo claims to be the first Bitcoin-based binary options broker, with 1.5 million registered clients and 50,000 trades executed on average per day. Users benefit from 24/7 trading opportunities with up to 91% payouts, alongside no minimum deposit and three-hour withdrawals.

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.
Customer Reviews
3.8
Bonus Offer
10% deposit bonus
Comment by Reviewer
"Pepperstone is a best-in-class broker. Experienced day traders benefit from razor sharp spreads, ultra-fast execution and 1300+ instruments. New traders get user-friendly platforms, rich education materials and 24/7 support." "Cryptobo will appeal to crypto binary options traders looking for high payouts, anonymity and a sleek trading platform."
Pros
  • Pepperstone is a world-renowned broker with licenses in 7 jurisdictions, including the UK (FCA) and Cyprus (CySEC)
  • Active Trader Program for high-volume traders with discounts on forex, indices and commodities (eligible jurisdictions only)
  • Advanced charting tools are available across all platforms, including dozens of customizable indicators
  • The suite of assets continues to grow and includes currency indices like the US Dollar Index
  • Excellent suite of automated trading tools including Capitalise.ai, Smart Trader and APIs
  • Very fast execution speeds of ~30ms, which will serve day traders and scalpers
  • In-depth and frequent webinars covering charting strategies and trading tips
  • Competitive Razor account with tight spreads averaging 0.12 pips for EUR/USD
  • Award-winning customer support via telephone, email or live chat
  • You can trade binary options on crypto, stocks, forex, indices and commodities
  • Trade anonymously with no KYC checks
  • High payouts up to 91% per trade
  • Customer support is available 24/7
  • 500 Satoshi bonus for new clients
  • No minimum deposit
Cons
  • The demo account closes after only 30 days, which is a smaller time limit than competitors like XM (60 days)
  • Unlike some competitors like AvaTrade, there is no proprietary app offering an all-in-one trading service
  • Cryptos are only available for professional clients in some jurisdictions
  • It took us longer to sign up than at many alternatives
  • Traders from the US are not accepted
  • Unregulated broker with low trust score
  • No expiry times beyond five hours
  • Limited company details available
  • Some negative user reviews
  • High minimum withdrawal
  • No live chat support
Awards
  • Best Overall Broker - DayTrading.com 2023
  • Best Trading App - DayTrading.com 2022
  • Best Forex Broker - DayTrading.com 2021
  • Best MT4 Broker - Good Money Guide 2023
  • #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
Instruments
CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting Forex, Stocks
Demo Account
Yes No
Minimum Deposit
$0 0.0000001 BTC
Trading Platforms
  • MT4
  • MT5
  • cTrader
  • TradingView
  • AutoChartist
  • DupliTrade
  • Own
Payment Methods
Minimum Trade
0.01 Lots 0.0000001 BTC
Regulator
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
Margin Trading
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android & Windows No
App Review

Pepperstone excels for its excellent integration with the MT4, MT5, cTrader, and TradingView apps, making it a standout option for day traders familiar with these leading third-party trading solutions. Despite the absence of a proprietary app, these platforms deliver a stable and reliable mobile trading experience, enhanced by Pepperstone’s almost unrivalled execution speeds and wide range of asset classes.

Android App Rating
4.1
iOS App Rating
4.4
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader
Copy Trading
Yes No
Copy Trading Platform
Pepperstone offers an impressive range of third-party platforms, including DupliTrade, a tool that allows investors to automatically replicate the trading activity of experts. For those seeking a pre-integrated solution, MetaTrader signals automatically identify potential entry and exit points.
Social Trading
Yes No
Trade Signals
Yes (Via Chartist Software)
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Pepperstone remains one of the fastest and most reliable forex and CFD brokers that we test. The firm boasts ~30ms execution speeds and an impressive 99.94% fill rate with no requotes or dealing desk intervention. There are plenty of opportunities to explore on 4 leading platforms, with 1300+ assets covering forex, commodities, shares, indices, and ETFs. CFD trading not offered
Leverage
1:30 (Retail), 1:500 (Pro)
FTSE Spread
1.0
GBPUSD Spread
0.0
Oil Spread
2.50
Stocks Spread
0.02
Forex Trading
Pepperstone offers ultra-low spreads from 0.0 pips on the Razor account and has an excellent selection of 90+ pairs. This is a much wider range than leading competitors like AvaTrade, which only offers 50+. You can also trade currency indices, which aren't available at many alternatives. Forex lots start at 0.01. You can trade binary options on a range of major, minor and exotic currency pairs such as EUR/USD, USD/JPY and GBP/USD. You can choose the currency asset and timeframe in a few clicks on the web platform.
Forex App

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
1.0 N/A
EURUSD Spread
1.0 N/A
EURGBP Spread
1.2 N/A
Assets
90+ 16
Currency Indices
  • USD
  • EUR
  • JPY
Cryptocurrency
You can take positions on cryptos like Bitcoin with up to 1:10 leverage. Pepperstone also offers popular altcoins, as well as crypto indices, which offer a holistic view on the digital currency market. Pepperstone is one of the most trustworthy crypto brokers we have tested. Crypto trading not offered
Spread
BTC 30, ETH 0 N/A
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • DASH
  • ADA
  • LINK
  • DOGE
  • EOS
  • DOT
  • XRP
  • XLM
  • XTZ
  • UNI
  • BNB
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Cryptobo is a binary options-only broker with high payouts and a sleek, intuitive trading platform. With no minimum deposit, payouts up to 91% and a minimum trade size 0.0000001 BTC, you can get started quickly.
Payout
91%
Expiry Times
Up to 5 hours
Ladder Options
No No
Boundary Options
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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