Pepperstone vs Moomoo

Pepperstone vs Moomoo Comparison Table 2023
Pepperstone	Moomoo
Review 4.8	Review 3.8 Moomoo is #11 in our broker rankings.
Traders from US not accepted See available CFD brokers	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.	Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses.
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
	Get up to 15 free stocks worth up to $2000
Comment by Reviewer
"Pepperstone is a best-in-class broker. Experienced day traders benefit from razor sharp spreads, ultra-fast execution and 1250+ instruments. New traders get user-friendly platforms, rich education materials and 24/7 support."	"Moomoo is an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees."
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 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 Wide selection of assets including currency indices like the US Dollar Index Multiple platforms suitable for day trading including MT4, cTrader and TradingView Award-winning customer support via telephone, email or live chat	It is reassuring that Moomoo holds licenses with the US Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS), among others It's also a Member of FINRA and the Securities Investor Protection Corporation (SIPC), adding another level of security for prospective clients The ‘Moomoo Token’ generates dynamic passwords for transaction security - a unique and helpful safety feature Moomoo's analytics and insights are impressive and detailed compared to other brands There is no minimum deposit requirement which is excellent news for beginners The broker offers access to extended pre-market trading hours Moomoo has reduced options contract fees from $0.65 to $0
Cons
Cryptos 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 Demo account closes after 30 days No proprietary trading app	There is no negative balance protection, which is a common safety feature at top-tier-regulated brokers It's a shame that there is no 2 factor authentication (2FA), despite the other security features on offer There is no phone or live chat support - common options at most other brokers
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	Best Trading Platform 2022 - Fintech Breakthrough Best Active Trading App 2021 - Investing Simple Best Trading Technology 2021 - Benzinga Best Online Stock Brokers 2021 - Benzinga
Instruments
CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting	Stocks, Options, ETFs, ADRs, OTCs
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
MT4 MT5 cTrader TradingView AutoChartist DupliTrade	Desktop Platform Mobile App
Payment Methods
BPAY Credit Card Debit Card Mastercard Neteller PayPal POLi Skrill UnionPay Visa Wire Transfer	ACH Transfer TransferWise Wire Transfer
Minimum Trade
0.01 Lots	$0
Regulator
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB	SEC, FINRA, MAS, ASIC, SFC
Margin Trading
Yes	Yes
Margin Rate
	6.8
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	Yes
Mobile Apps
iOS, Android & Windows	Yes (iOS & Android)
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. Trading signals are also available, identifying potential entry and exit points.
Social Trading
Yes	No
Trade Signals
Yes (Via Chartist Software)	None
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	USD HKD SGD
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Korean Stock Exchange London Stock Exchange Nasdaq New York Stock Exchange S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Toronto Stock Exchange Taiwan Stock Exchange	Australian Securities Exchange Chicago Mercantile Exchange Hong Kong Stock Exchange Nasdaq New York Stock Exchange
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Oil Orange Juice Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat
CFD Trading
Pepperstone is a fast and reliable CFD broker with 1250+ assets covering forex, commodities, shares, indices, and ETFs. CFDs can be traded on four leading platforms with a choice of accounts and base currencies. The broker boasts an impressive 99.94% fill rate with no requotes or dealing desk intervention.	CFD trading not offered
Leverage
1:30 (Retail), 1:500 (Pro)	1:2
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 60+ pairs. You can also trade currency indices, which aren't available at many alternatives. Forex lots start at 0.01.	Forex trading not offered
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
EURUSD Spread
1.0
EURGBP Spread
1.2
Assets
60+
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. Pepperstone is one of the most trustworthy crypto brokers we have tested.	Crypto trading not offered
Spread
BTC 30, ETH 0
Coins
BCH BTC ETH LTC DASH ADA LINK DOGE EOS DOT XRP XLM XTZ UNI BNB
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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.
More Comparisons
Pepperstone vs	Moomoo vs