Pepperstone vs Spectre.ai
| Pepperstone Review 2023 | Spectre.ai Review 2023 |
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4.8
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Spectre.ai Review 2023 has closed.
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 Traders from US not accepted
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Traders from US not accepted
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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. |
Spectre.ai is a binary options trading platform that offers an innovative blockchain-based system and proprietary products with payouts up to 400%. Spectre sources liquidity directly from traders with no middleman, and offers a transparent trading environment with all transactions visible on a verified ledger. The broker offers contracts on crypto and forex pairs with flexible expiry times and instant payouts on an easy-to-use bespoke platform and mobile app. |
| 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. | |
| 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." | "Spectre.ai is a good option for binary options traders with an eye for innovative technology and flexible contract lengths." |
| 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 | Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC, CFD |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $1 |
| Regulator | |
| FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB | St. Vincent and the Grenadines |
| 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 | 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 - through APIs |
| 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 | No |
| Trade Signals | |
| Yes (Via Chartist Software) | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | $0 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
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| 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. | CFD trading not offered |
| Leverage | |
| 1:30 (Retail), 1:500 (Pro) | 1:40 |
| FTSE Spread | |
| 1.0 | N/A |
| GBPUSD Spread | |
| 0.0 | 0.9 |
| Oil Spread | |
| 2.0 | N/A |
| 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 binary options on 18 forex pairs, including a selection of majors, minors and cross pairs such as GBP/USD, EUR/USD and AUD/JPY. Gold and silver binary options are also available paired with USD. |
| 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. |
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| GBPUSD Spread | |
| 1.0 | 0.90 |
| EURUSD Spread | |
| 1.0 | 0.58 |
| EURGBP Spread | |
| 1.2 | 0.90 |
| Assets | |
| 60+ | 20 |
| Currency Indices | |
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| 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 some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin. Users just have to decide if the price of the digital token will rise or fall over an agreed timeframe. |
| Spread | |
| BTC 30, ETH 0 | Variable |
| 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 | Spectre.ai offers binary options trading on multiple markets with a $0 starting deposit and payouts up to 400%. No other binary brands match Spectre in terms of payouts. |
| Payout | |
| 400% | |
| Expiry Times | |
| 1 second - 1 day | |
| Ladder Options | |
| No | No |
| Boundary Options | |
| No | No |
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Spectre.ai Review 2023 has closed.
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| 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 | |
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Pepperstone vs |
Spectre.ai vs |