EagleFX vs Pepperstone

EagleFX or Pepperstone – which is better for UK traders 2025? Compare EagleFX and Pepperstone in this detailed breakdown of their platforms, features and fees.

EagleFX vs Pepperstone Comparison Table 2025
EagleFX Pepperstone
rating empty
rating full
4.1
rating empty
rating full
4.8
EagleFX is ranked #30 among CFD brokers. Pepperstone is ranked #1 among CFD brokers.
Review
Review
EagleFX has merged with LHFX. Check out our LHFX review to see how it stacked up in our tests. Otherwise:
EagleFX is an ECN/STP broker that offers spot forex and CFD trading on a small collection of 170+ assets to active traders worldwide. The catch is that it’s registered in the weakly regulated jurisdiction of the Commonwealth of Dominica, providing limited safeguards. 		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 traders at all levels.
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.1% of retail investor accounts lose money when trading CFDs.
Pros
  • EagleFX offers high leverage up to 1:500 on forex trading, which is particularly advantageous for traders seeking higher potential returns, though it also entails increased risk.
  • EagleFX has introduced Bitcoin deposits and expedited withdrawals, which can be processed in under 30 minutes, significantly faster than the majority of brokers we’ve evaluated.
  • EagleFX offers 24/7 support (no phone option) that performed well during testing and 30+ cryptos, making it well-suited for traders navigating volatile crypto markets.
  • EagleFX requires only $10 to open an account, making it accessible for beginners or those who want to start trading with minimal risk.
  • EagleFX offers an unlimited MT4 demo account and zero inactivity fees, making it attractive to traders seeking a risk-free environment to develop trading strategies.
  • Pepperstone boasts impressive execution speeds, averaging around 30ms, facilitating fast order processing and execution that’s ideal for 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 has greatly improved the deposit and withdrawal experience in recent years, adding Apple Pay and Google Pay in 2025, as well as PIX and SPEI for clients in Brazil and Mexico in 2024.
  • Pepperstone emerges as a low-cost broker, especially for serious traders with spreads from 0.0 in the Razor account and rebates up to 30% (index and commodities) and $3/lot (forex) through the Active Trader program.
  • Pepperstone has scooped multiple DayTrading.com annual awards over the years, most recently 'Best Overall Broker' in 2025 and 'Best Forex Broker' runner up in 2025.
  • 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
  • EagleFX is not regulated by any major financial authority, which could leave traders without protections such as compensation schemes in case of disputes or insolvency.
  • EagleFX still only offers MetaTrader 4 (MT4) and lacks support for other increasingly popular platforms like MetaTrader 5 (MT5), cTrader, or TradingView, limiting flexibility for traders with specific preferences.
  • EagleFX seriously needs to step up its education with extremely basic guides and no learning articles added since 2022, made worse by the lack of market insights from analysts.
  • The range of 170+ instruments on the EagleFX platform will be extremely limiting for advanced traders, especially compared to category leaders like Blackbull with its 26,000+ tradable assets.
  • 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, though it has introduced an intuitive copy trading app.
  • 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
  • Best Overall Broker - DayTrading.com 2025
  • Best Forex Broker Runner Up - DayTrading.com 2025
  • Best Trading App Runner Up - DayTrading.com 2025
  • Best MT4/MT5 Broker Runner Up - DayTrading.com 2025
  • Best TradingView Broker Runner Up - DayTrading.com 2025
  • Best Forex Broker - DayTrading.com 2024
  • Best Overall Broker - DayTrading.com 2023
  • Best Trading App - DayTrading.com 2022
  • Best Forex Broker - DayTrading.com 2021
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting
Demo Account
Yes Yes
Minimum Deposit
$10 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
Mobile Apps
iOS & Android iOS & Android
Trading App

EagleFX doesn’t offer a proprietary app, but you can trade through the trusty MetaTrader 4 mobile and tablet application. You’ll get EagleFX’s competitive trading conditions, notably up to 1:500 leverage and ECN pricing with spreads from 0.1 pips. However, don’t expect excellent mobile support or integrated market insights and educational guides on the go.

Pepperstone excels for its excellent integration with the MT4, MT5, cTrader, and TradingView apps, making it a standout option for traders familiar with these leading third-party trading solutions. These platforms deliver a stable and reliable mobile trading experience, enhanced by Pepperstone’s almost unrivalled execution speeds and wide range of asset classes. Recent improvements also helped it secure second place in DayTrading.com’s annual ‘Best Trading App’ award for 2025.
iOS App Rating
rating empty
rating full
4.8
rating empty
rating full
4.4
Android App Rating
rating empty
rating full
4.4
rating empty
rating full
4.1
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No 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
No Yes
PAMM Account
No No
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
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, DupliTrade and now its own copy trading app (available in certain regions) through a partnership with Pelican Trading, providing access to thousands of experienced traders and personalized risk parameters. On the downside, it lacks support for cTrader Copy which may deter users familiar with the terminal from Spotware.
Social Trading
No No
Trade Signals
MT4 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 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
Commodities
  • Gold
  • Silver
  • Oil
  • Platinum
  • Gold
  • Silver
  • Oil
  • Corn
  • Palladium
  • Precious Metals
  • Platinum
  • Copper
  • Gasoline
  • Cocoa
  • Coffee
  • Cotton
  • Livestock
  • Sugar
  • Wheat
  • Natural Gas
  • Soybeans
  • Orange Juice
  • Aluminium
  • Nickel
  • Zinc
CFD
EagleFX offers just 100+ CFD instruments, but it stands out with its high leverage up to 1:500, round turn commissions coming in at $6 alongside competitive spreads, and support for trading strategies like scalping. 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
1.2 1.0
GBPUSD Spread<
1.9 0.4
Oil Spread
0.09 2.5
Stocks Spread
Variable 0.02
Forex
EagleFX facilitates short-term trading on over 50 major, minor and exotic currency pairs with competitive spreads as low as 0.1 pips, plus the industry-leading MT4 platform, which delivers a host of charting tools for traders, including 9 timeframes and over 30 indicators. 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.
Assets
50+ 100+
GBPUSD Spread
0.9 0.4
EURUSD Spread
0.8 0.1
EURGBP Spread
0.9 0.4
Currency Indices
  • USD
  • EUR
  • JPY
Cryptocurrency
EagleFX’s strongest offering is its 30+ crypto pairs, including major tokens like Bitcoin, Ethereum and Ripple. However, where it shines is its convenient Bitcoin deposits and withdrawals, taking less than 30 minutes, paired with its 24/7 support, catering to active crypto traders. 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 trading platforms.
Spread
Floating BTC 30, ETH 0
Coins
  • BTC
  • ETH
  • ADA
  • EOS
  • DASH
  • DOGE
  • ETC
  • EDO
  • ETP
  • USDT
  • NEO
  • XRP
  • ZEC
  • DOT
  • SOL
  • XTZ
  • LTC
  • OMG
  • IOTA
  • IOST
  • 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
EagleFX Pepperstone
Review
Review
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.1% of retail investor accounts lose money when trading CFDs.
More Comparisons
EagleFX
vs

 Pepperstone
vs