Pepperstone vs ForexMart

Pepperstone vs ForexMart Comparison Table 2023
Pepperstone Review 2023 ForexMart Review 2023
4.8
Not Yet Rated
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Pepperstone is a leading online broker with over 400,000 clients in more than 175 countries. The top-rated firm 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.

ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.

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.
Bonus Offer
30% welcome bonus (non-EU traders only)
Comment by Reviewer
"Pepperstone is a best-in-class broker. Experienced traders benefit from razor sharp spreads with sophisticated automation tools and over 1000 instruments. Newer traders get user-friendly platforms, rich education materials and 24/7 support."
Pros
  • 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)
  • Excellent suite of automated trading tools including Capitalise.ai, Smart Trader and API trading
  • In-depth and frequent webinars covering charting strategies and trading tips
  • Competitive Razor account with tight spreads averaging 0.12 pips for EUR/USD
  • Wide selection of assets including currencies indices like the US Dollar Index
  • Multiple leading platforms including MT4, cTrader and TradingView
  • Award-winning customer support via telephone, email or live chat
Cons
  • Cryptos only available for professional clients in some jurisdictions
  • Limited payment methods for UK clients
  • Traders from the US not accepted
Awards
  • 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
Instruments
CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting Forex, shares, indices, commodities, cryptocurrency
Demo Account
Yes Yes
Minimum Deposit
$0 $1
Trading Platforms
  • MT4
  • MT5
  • cTrader
  • TradingView
  • AutoChartist
  • DupliTrade
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB CySEC
Margin Trading
Yes No
STP Account
Yes No
ECN Account
Yes Yes
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 Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader Yes
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.
Social Trading
Yes Yes
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 Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Pepperstone is a fast and reliable CFD broker with 1200+ assets covering forex, commodities, shares, indices, and ETFs. You can also trade currency indices, which aren't available at many alternatives. CFDs can be traded on four leading platforms with a choice of accounts and base currencies. Expert Advisors (EAs) are also supported for automated trading strategies. Start leveraged CFD trading on the financial markets.
Leverage
1:30 (Retail), 1:500 (Pro) 1:30
FTSE Spread
1.0 0 fixed
GBPUSD Spread
0.0 0.8
Oil Spread
2.0 0 fixed
Stocks Spread
From 0.0 pts for US shares Variable
Forex Trading
Pepperstone offers ultra-low spreads from 0.0 pips on the Razor account and has an excellent selection of 60+ pairs. The broker boasts an impressive 99.94% fill rate with no requotes or dealing desk intervention. Forex lots start at 0.01. Trade on an excellent range of popular and emerging forex pairs.
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 0.8
EURUSD Spread
1.0 0.8
EURGBP Spread
1.2 1.2
Assets
60+ 100+
Currency Indices
  • USD
  • EUR
  • JPY
Cryptocurrency
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. Trade cryptocurrencies against the US Dollar with 1:2 leverage.
Spread
BTC 30, ETH 0 Floating
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • DASH
  • ADA
  • LINK
  • DOGE
  • EOS
  • DOT
  • XRP
  • XLM
  • XTZ
  • UNI
  • BNB
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
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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