Pepperstone vs Deriv.com

Pepperstone vs Deriv.com Comparison Table 2024
Pepperstone	Deriv.com
Review 4.8	Review 4.4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available binary options brokers
Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.	Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.
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 Based on 4 Pepperstone customer reviews	4.3 Based on 3 Deriv.com customer reviews
Comment by Reviewer
"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."	"Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "
Pros
Pepperstone boasts impressive execution speeds, averaging around 30ms, facilitating fast order processing and execution that’s ideal for day trading. There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading. Pepperstone emerges as a low-cost broker, especially for serious day traders with spreads from 0.0 in the Razor account and rebates of 25%+ through the Active Trader program. Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing. Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.	Traders can use multipliers between 1 and 30, with take profit, stop loss and deal cancellation parameters There's a good range of fast deposit and withdrawal methods with zero payment fees and low minimum deposits The free demo account is ideal for practicing short-term trading strategies and no registration is required Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient Beginners and experienced day traders can access a good range of 20+ technical indicators in Deriv Trader vs 30+ in MT5 Deriv bolstered its short-term trading opportunities in 2024 with accumulator options on simulated indices featuring up to 5% growth rates The low $5 minimum initial deposit suits those on a lower budget
Cons
There’s no simplified proprietary trading platform, nor are there any social trading features, which could be a disadvantage if you are new to day trading. Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies. Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets. Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.	There are limited copy trading tools and analysis features compared to alternatives like IQ Cent The range of 100+ assets trails some competitors such as Quotex which offers 400+ There's no loyalty program or rebate scheme for high volume traders
Awards
Best Forex Broker - DayTrading.com 2024 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	CFDs, Multipliers, Forex, Stocks, Indices, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$0	$5
Trading Platforms
MT4 MT5 cTrader TradingView AutoChartist DupliTrade	Deriv Trader MT5
Payment Methods
BPAY Credit Card Debit Card Mastercard Neteller PayPal POLi Skrill UnionPay Visa Wire Transfer	Volet Airtm AstroPay Banxa Boleto Credit Card Diners Club FasaPay JCB Card JetonCash Maestro Mastercard Neteller Paysafecard Paytrust Perfect Money Skrill Sticpay Trustly Visa WebMoney Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB	MFSA, LFSA, VFSC, BFSC
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
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.	Deriv GO shines with its straightforward app design and diverse trading opportunities, from traditional markets to custom indices that simulate real-world markets and offer 24-hour trading, including on weekends. The in-app chat assistance, which can’t be found at many alternatives, is also fast and reliable, providing an important layer of support for new users.
Android App Rating
4.1	4.5
iOS App Rating
4.4	4.2
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader, DBots
Copy Trading
Yes	Yes
Copy Trading Platform
Pepperstone facilitates the replication of experienced traders' strategies through MetaTrader Signals and DupliTrade. However, it lacks support for cTrader Copy and does not offer a proprietary social trading network similar to those found on platforms like eToro or Vantage, which foster lively social trading communities for aspiring traders.	Deriv allows clients to replicate the positions of experienced traders through signals on DMT5. You can receive signals in real-time and decide whether to action trades in your own account. The best part is that the process of copying is fully automated, which is ideal for beginners seeking a hands-off approach.
Social Trading
No	No
Trade Signals
Yes (Via Chartist Software)	DMT5
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	$25
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD NZD JPY CHF HKD SGD	USD EUR GBP AUD
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange Nasdaq New York Stock Exchange Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Toronto Stock Exchange Taiwan Stock Exchange	Australian Securities Exchange (ASX) Dow Jones Japan Exchange Group Nasdaq New York Stock Exchange
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Nickel Oil Orange Juice Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat Zinc	Gold Oil Precious Metals Silver
CFD Trading
Pepperstone maintains its position as one of the fastest and most dependable CFD brokers during our latest round of testing. With execution speeds averaging around 30ms and an outstanding fill rate of 99.90%, the broker ensures a seamless trading experience without requotes or dealing desk interference. It also provides ample trading opportunities across over 1,300 assets.	You can trade CFDs on popular markets, including the broker's exclusive synthetic indices which are available 24/7. There are plenty of charting tools available for technical traders, including over 20 indicators in the Deriv Trader platform. New users can also open an account and start trading CFDs instantly.
Leverage
1:30 (Retail), 1:500 (Pro)	1:1000
FTSE Spread
1.0	0.5
GBPUSD Spread
0.4	0.5
Oil Spread
2.5	0.018
Stocks Spread
0.02	0.07
Forex Trading
Pepperstone offers ultra-competitive forex spreads averaging 0.12 pips on EUR/USD in the Razor account, accompanied by a diverse portfolio comprising 100+ currency pairs - an extensive selection surpassing most competitors. Additionally, Pepperstone distinguishes itself by offering three currency indices (USDX, EURX, JPYX), not commonly found among alternative platforms. Pepperstone has now won our annual 'Best Forex Broker' award twice.	Clients can go long or short on a string of major, minor and exotic currency pairs. Spreads on EUR/USD are competitive at 0.5 pips, only marginally trailing the 0.4-pip spreads at alternatives like Alpari. Forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader.
Forex App
Pepperstone deliver their MetaTrader 4, MetaTrader 5, cTrader and TradingView 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 – they are a powerful addition for mobile traders.
GBPUSD Spread
0.4	0.5
EURUSD Spread
0.1	0.5
EURGBP Spread
0.4	0.5
Assets
100+	30+
Currency Indices
USD EUR JPY
Cryptocurrency
Pepperstone continues to prove itself as one of the most trusted crypto brokers. Although its selection of digital tokens is average, you can trade popular cryptos like Bitcoin and altcoins like Ripple with up to 1:10 leverage, while its crypto indices provide a holistic view of the digital currency markets not found on most day trading platforms.	Deriv.com continues to offer a strong selection of 30+ crypto pairs - this is more than double the range offered at our leading competitor, IQ Cent. 1:2 leverage is also available so you can magnify potential returns, and there are no commissions which is ideal for newer day traders.
Spread
BTC 30, ETH 0	From 0.5
Coins
BCH BTC ETH LTC DASH ADA LINK DOGE EOS DOT XRP XLM XTZ UNI BNB	BTC LTC ETH USDT USDC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year on a secure platform with responsive customer support.
Payout
	100%
Expiry Times
	15 seconds to 365 days
Ladder Options
No	Yes
Boundary Options
No	Yes

Review	Review
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.