Pepperstone vs IIFL

Pepperstone vs IIFL Comparison Table 2022
Pepperstone IIFL
4.8
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US accepted
Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms. IIFL is one of the top Indian brokers offering competitive Demat accounts with low fees.
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.
Awards
Best Trading App 2022 - DayTrading.com
Best Forex Broker 2021 - DayTrading.com
Bonus
None Gift vouchers worth up to ₹5000
Instruments
CFD, Forex, Indices, Crypto, Futures, Spread betting Stocks, Futures, Options, Forex
Demo Account
Yes No
Minimum Deposit
£200 / $200 1000 Rs
Payment Methods
Apple Pay, Credit Card, Debit Card, Mastercard, POLi, QIWI, UnionPay, Visa Cheque, Wire Transfer
Minimum Trade
0.01 Lots
Regulator
FCA, ASIC, SCB, DFSA, CMA, BaFin SEBI
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
Yes No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No Yes
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android and Windows IIFL Markets & IIFL Mutual Funds
Auto Trading
Yes -
Trade Signals
Yes (Via Chartist Software) -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
Yes No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, CHF INR
CFD
CFD trading not offered
Leverage
1:500
FTSE Spread
1 pt
GBPUSD Spread
0.38 pips (Via Razor)
Oil Spread
0.7 pips
Stocks Spread
DAX (0.9 pts in main trading session), DOW (1.6 pts in main trading session)
Forex
Pepperstone offers spreads from 0.0 pips on the Razor account and have almost 61+ pairs available to trade. Lots start at 0.01. IIFL offers forex trading on a range of pairs with the Indian Rupee (INR).
GBPUSD Spread
0.38 pips (Via Razor) Not offered
EURUSD Spread
0.09 pips (Via Razor) Not offered
EURGBP Spread
0.49 pips (Via Razor) Not offered
Assets
180 20+
Cryptocurrency
Pepperstone offers trading on the major Cryptocurrencies via a range of trading platforms. Crypto trading not offered
Spread
BTC $10, ETH $4
Coins
BCH, BTC, ETH, LTC, DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
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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