Zero Markets vs Pepperstone

Zero Markets vs Pepperstone Comparison Table 2024
Zero Markets Pepperstone
2.5
4.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Zero Markets is an Australian broker offering 2000+ forex, CFDs and ETFs on the MetaTrader platforms. Aimed at both retail and institutional investors, Zero Markets is regulated in Australia, Mauritius and St Vincent and the Grenadines. The brokerage aims to provide top-tier liquidity, with transparent ECN pricing and 24/5 customer support.

Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.

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.
Customer Reviews
3.8
Bonus Offer
$100 refer a friend
Comment by Reviewer
"Zero Markets will serve traders looking for the well-known MetaTrader platforms, algo trading features and MAM/PAMM accounts. On the downside, the broker falls short when it comes to education for beginners." "Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."
Pros
  • Market-leading MT4 and MT5 platforms available via web browser, desktop and mobile
  • Instant funding methods with no fees, plus a range of Asian currencies supported
  • Social/copy trading features, plus MAM/PAMM accounts for those who want a hands-off approach
  • Low commissions from $2.5 per side in the Super ZERO account and no commissions in the Standard account
  • Popular ETFs provided by Vanguard and BlackRock
  • A VPS service and AI-powered trading tools
  • Pepperstone boasts impressive execution speeds, averaging around 30ms, facilitating fast order processing and execution that’s ideal for day trading.
  • There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.
  • Pepperstone emerges as a low-cost broker, especially for serious day traders with spreads from 0.0 in the Razor account and rebates of 25%+ through the Active Trader program.
  • Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing.
  • Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.
Cons
  • Limited educational resources and tools compared to many brokers
  • Lack of transparency around account fees
  • Slow response times via live chat
  • There’s no simplified proprietary trading platform, nor are there any social trading features, which could be a disadvantage if you are new to day trading.
  • Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
  • Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets.
  • Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.
Awards
  • Highest Client Satisfaction 2016 - Investment Trends Australia CFD Report
  • Best Forex Broker - DayTrading.com 2024
  • 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
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies, ETFs CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting
Demo Account
Yes Yes
Minimum Deposit
$200 $0
Trading Platforms
  • MT4
  • MT5
  • MT4
  • MT5
  • cTrader
  • TradingView
  • AutoChartist
  • DupliTrade
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
Margin Trading
No Yes
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No 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
No Yes
Mobile Apps
Yes iOS & Android
App Review

Pepperstone excels for its excellent integration with the MT4, MT5, cTrader, and TradingView apps, making it a standout option for day traders familiar with these leading third-party trading solutions. Despite the absence of a proprietary app, these platforms deliver a stable and reliable mobile trading experience, enhanced by Pepperstone’s almost unrivalled execution speeds and wide range of asset classes.

Android App Rating
4.1
iOS App Rating
4.4
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
Pepperstone facilitates the replication of experienced traders' strategies through MetaTrader Signals and DupliTrade. However, it lacks support for cTrader Copy and does not offer a proprietary social trading network similar to those found on platforms like eToro or Vantage, which foster lively social trading communities for aspiring traders.
Social Trading
Yes No
Trade Signals
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
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
Stock Exchanges
Commodities
CFD Trading
Zero Markets offers thousands of CFDs across multiple markets including indices and commodities. CFD traders can also test the broker's features in MT4 or MT5 demo accounts. Pepperstone maintains its position as one of the fastest and most dependable CFD brokers during our latest round of testing. With execution speeds averaging around 30ms and an outstanding fill rate of 99.90%, the broker ensures a seamless trading experience without requotes or dealing desk interference. It also provides ample trading opportunities across over 1,300 assets.
Leverage
1:500 1:30 (Retail), 1:500 (Pro)
FTSE Spread
2 1.0
GBPUSD Spread
1.85 0.4
Oil Spread
0.05 2.5
Stocks Spread
N/A 0.02
Forex Trading
Zero Markets offers a good range of 70+ currency pairs with spreads from 1 pip and high leverage up to 1:500. Traders can utilize the customisable MetaTrader platforms and advanced charts to develop forex strategies. Pepperstone offers ultra-competitive forex spreads averaging 0.12 pips on EUR/USD in the Razor account, accompanied by a diverse portfolio comprising 100+ currency pairs - an extensive selection surpassing most competitors. Additionally, Pepperstone distinguishes itself by offering three currency indices (USDX, EURX, JPYX), not commonly found among alternative platforms. Pepperstone has now won our annual 'Best Forex Broker' award twice.
Forex App

Pepperstone deliver their MetaTrader 4, MetaTrader 5, cTrader and TradingView 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 – they are a powerful addition for mobile traders.

GBPUSD Spread
1.85 0.4
EURUSD Spread
1.2 0.1
EURGBP Spread
1.67 0.4
Assets
70+ 100+
Currency Indices
  • USD
  • EUR
  • JPY
Cryptocurrency
Zero Markets offers a small selection of 12 cryptocurrencies with margins from 2%. Crypto deposits are also available with no fees charged by the broker. Pepperstone continues to prove itself as one of the most trusted crypto brokers. Although its selection of digital tokens is average, you can trade popular cryptos like Bitcoin and altcoins like Ripple with up to 1:10 leverage, while its crypto indices provide a holistic view of the digital currency markets not found on most day trading platforms.
Spread
Variable BTC 30, ETH 0
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • 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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Zero Markets
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