Pepperstone vs TopFX
| Pepperstone | TopFX |
|---|---|
4.8
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3.3
|
 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 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. |
TopFX is a multi-regulated CFD broker with forex, indices, shares, commodities and ETFs traded via the MetaTrader 4 and cTrader platforms. Spreads are tight on the Zero account with competitive €5.50 round-turn commissions, and traders can be assured of fast execution and fair pricing from the broker's direct-market-access model. |
| 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 | |
| $50 No Deposit Bonus | |
| Comment by Reviewer | |
| "Pepperstone is a best-in-class broker. Experienced 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." | "TopFX's competitive pricing and fast execution will suit experienced forex traders looking for good value and ultra-fast trading via an STP model." |
| 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 | Forex, indices, shares, metals, energies, ETFs, CFDs |
| Demo Account | |
| Yes | No |
| Minimum Deposit | |
| $0 | $50 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB | CySEC, FCA, FSA |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| Yes | No |
| DMA Account | |
| Yes | Yes |
| 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 | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS, Android & Windows | iOS & Android |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, cBots on cTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | Yes |
| 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. | TopFX offers low-cost copy trading tools to account holders through the cTrader platform. We like the real-time account and fund controls and the user-friendly interface which beats many alternatives. |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes (Via Chartist Software) | Yes |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $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 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. | Trade CFDs on forex, stocks, indices, energies, metals and ETFs with fast execution and leverage up to 1:30 from the ESMA branch or up to 1:500 from the offshore branch. TopFX is known for its fast execution model with no dealing desk intervention and client safeguards including segregated funds. |
| Leverage | |
| 1:30 (Retail), 1:500 (Pro) | 1:500 |
| FTSE Spread | |
| 1.0 | From 1.5 |
| GBPUSD Spread | |
| 0.0 | From 0.2 |
| Oil Spread | |
| 2.50 | From 2.0 |
| Stocks Spread | |
| 0.02 | Variable |
| 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. | Trade 60+ currency pairs including majors as well as minors and exotics. This is a good range of FX pairs with attractive trading terms and spreads from zero offered on the broker's DMA accounts. |
| 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 | From 0.2 |
| EURUSD Spread | |
| 1.0 | From 0.2 |
| EURGBP Spread | |
| 1.2 | From 0.2 |
| Assets | |
| 60+ | 90 |
| 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. Pepperstone is one of the most trustworthy crypto brokers we have tested. | Clients with a TopFX FSA regulated account can trade six crypto CFDs. However this is a narrow range and fees aren't the lowest so we don't recommend the broker for experienced crypto traders. |
| Spread | |
| BTC 30, ETH 0 | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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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 |
TopFX vs |