Pepperstone vs Focus Option
Pepperstone | Focus Option |
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4.8
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3.7
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Traders from US not accepted
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Traders from US not accepted
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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. |
Focus Option is an offshore broker that specializes in binary options as well as CFDs. Binary options trading on forex, cryptos and three commodities is done through the broker's simple web-based platform with average payouts between 70% and 95%. The broker also offers a mobile app for trading CFDs, with 300+ tradeable instruments. |
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
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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." | "Focus Option is an excellent pick for traders seeking straightforward high/low digital options on a user-friendly web platform." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting | Binary Options, CFDs, Forex, Metals, Indices |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | $1 |
Regulator | |
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB | |
Margin Trading | |
Yes | Yes |
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 | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
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. |
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Android App Rating | |
4.1 |
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iOS App Rating | |
4.4 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
Yes | No |
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. | |
Social Trading | |
No | No |
Trade Signals | |
Yes (Via Chartist Software) | Yes |
VPS Hosting | |
Yes | Yes |
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 | |
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Stock Exchanges | |
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Commodities | |
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. | Focus Option offers CFD trading through an intuitive mobile app, with 300+ tradeable instruments spanning forex, cryptocurrencies, commodities, shares and indices. Leverage ranges from 1:20 to 1:50 and spreads are variable, starting from 1 pip, with no commission. |
Leverage | |
1:30 (Retail), 1:500 (Pro) | 1:50 |
FTSE Spread | |
1.0 | NA |
GBPUSD Spread | |
0.4 | 3 |
Oil Spread | |
2.5 | 1 |
Stocks Spread | |
0.02 | Variable |
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. | Focus Option offers 22 forex pairs tradeable via binary options, including a selection of majors and minors. FX pairs are also available to trade with margin on Focus Option's mobile app, which offers high leverage up to 1:50 and spreads from 1 pip. |
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. |
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GBPUSD Spread | |
0.4 | 3 |
EURUSD Spread | |
0.1 | 1 |
EURGBP Spread | |
0.4 | 3 |
Assets | |
100+ | 39 |
Currency Indices | |
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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. | Focus Option clients can trade binary options on an extensive list of 80+ cryptocurrencies, including Bitcoin and Ethereum plus smaller altcoins like Tron and 0x. Crypto CFDs are also available through the broker's mobile app with high leverage. |
Spread | |
BTC 30, ETH 0 | NA |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Binary options trading not offered | Focus Option offers binary options trading on 140+ instruments including forex, cryptocurrencies, commodities, indices and company shares. Contracts include 30 seconds, 1 min, 2 mins, 5 mins, 15 mins, 30 mins, 1 hr, end of day, and long-term contracts up to 30 days. Decent payouts typically climb to 95%. The browser-based platform is beginner-friendly with sophisticated analysis tools. |
Payout | |
95% | |
Expiry Times | |
30 seconds - 1 week | |
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. | |
More Comparisons | |
Pepperstone vs |
Focus Option vs |