VantageFX vs Pepperstone

Vantage vs Pepperstone Comparison Table 2023
Vantage Pepperstone
4.7
4.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Reliable and affordable trading since 2009. Join over 900,000 others trading on 1000+ CFD products. Trade Forex CFDs from 0.0 spreads on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in less than 2 minutes.

Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5, cTrader and TradingView platforms.

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.
Pros
  • Strong reputation with global client base and ASIC license
  • Competitive ECN accounts with spreads from 0.0 pips and a $3 commission per side
  • Award-winning platforms including MT4 and MT5 plus beginner-friendly social trading via ZuluTrade & Myfxbook
  • Unlimited demo account with full access to markets and robot backtesting functionality
  • Low minimum deposit of $50 and no funding fees
  • Hedging and scalping strategies permitted
  • Quick and easy to open a live account
  • Trading bonuses and promotions
  • 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
  • Award-winning customer support via telephone, email or live chat
Cons
  • Some clients will need to trade with the offshore entity
  • A $10,000 deposit is needed for the best account conditions
  • Cryptos only available for Australian clients
  • 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
Promotions

Vantage Rewards: Earn As You Trade

Vantage Offers Free VPS Hosting

Switch To Pepperstone For A $5000 Cash Bonus & 10% Spread Rebate

Bonus
Up to 50%
Instruments
CFDs, forex, indices, shares, commodities, cryptocurrencies CFD, Forex, Indices, Currency Indices, ETFs, Shares, Commodities, Spread Betting, Crypto (not Africa and only Pro clients in UK)
Demo Account
Yes Yes
Minimum Deposit
$50 $500 recommended
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FCA, CIMA FCA, ASIC, DFSA, CMA, BaFin, CySEC, SCB
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
Yes Yes
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android and Windows iOS, Android and Windows
Auto Trading
Yes, via Robot Yes
Copy Trading
Yes Yes
Copy Trading Platform
Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the largest social trading communities, which uses a sophisticated algorithm to rank top signal providers. 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 Yes (Via Chartist Software)
VPS Hosting
No Yes
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
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Traders can go long or short on a wide range of financial markets with high leverage up to 1:500. Trade CFDs across a wide range of assets with up to 1:500 leverage for professionals and 1:30 for retail clients
Leverage
1:500 1:500
FTSE Spread
1 pt 1.0 pts
GBPUSD Spread
0.0 via ECN 0 pips (Via Razor)
Oil Spread
2.8 pips (Var) 2.0 pips
Stocks Spread
€0.01 per trade From 0.0 pts for US shares
Forex Trading
Trade 40+ forex pairs with tight spreads and deep liquidity, including majors and minors. Pepperstone offers spreads from 0.0 pips on the Razor account and has 60+ pairs available to trade. Lots start at 0.01.
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
0.0 via ECN 0 pips (Via Razor)
EURUSD Spread
0.0 via ECN 0 pips (Via Razor)
EURGBP Spread
0.0 via ECN 0 pips (Via Razor)
Assets
1000+ 60+
Currency Indices
  • USD
  • USD
  • EUR
  • JPY
Cryptocurrency
Trade cryptos including Bitcoin 24/7 with up to 1:200 leverage and zero overnight fees. Pepperstone offers a long list of popular cryptocurrencies
Spread
Floating BTC 30, ETH 0
Coins
  • ADA
  • AVA
  • BTC
  • DOG
  • EOS
  • ETH
  • LTC
  • NEO
  • SHB
  • SOL
  • TRX
  • UNI
  • XRPandmanymore
  • 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
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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