ETX Capital vs Pepperstone
ETX Capital or Pepperstone – which is better for UK traders 2024? Compare ETX Capital and Pepperstone in this detailed breakdown of their platforms, features and fees.
ETX Capital | Pepperstone |
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ETX Capital is ranked #92 among CFD brokers. | Pepperstone is ranked #6 among CFD brokers. |
ETX Capital has closed or no longer accepts UK clients.
ETX Capital were a London-based, FCA regulated broker offering tight spreads across a wide range of markets. |
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 | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | Yes |
Instruments | |
CFDs, Forex, Stocks, Cryptos | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
£250 | $0 |
Payment Methods | |
Minimum Trade | |
£1 | 0.01 Lots |
Regulator | |
FCA | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB |
Mobile Apps | |
iOS and Android | iOS & Android |
Trading App | |
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. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | 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 | |
No | Yes |
ECN Account | |
No | 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 | |
No | Yes |
Auto Trading | |
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 | |
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 | |
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Commodities | |
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CFD | |
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 | |
1:30 | 1:30 (Retail), 1:500 (Pro) |
FTSE Spread | |
1 pt | 1.0 |
GBPUSD Spread< | |
0.9 | 0.4 |
Oil Spread | |
0.06 pips | 2.5 |
Stocks Spread | |
From 0.5% | 0.02 |
Forex | |
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 | |
65+ | 100+ |
GBPUSD Spread | |
0.9 | 0.4 |
EURUSD Spread | |
0.6 | 0.1 |
EURGBP Spread | |
0.9 | 0.4 |
Currency Indices | |
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Cryptocurrency | |
Trade 5 cryptocurrencies, and BTC against USD, GBP or EUR. Margin is tiered from 50% | 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 | |
BTC Market Spread + 10, ETH Market spread + 8 | BTC 30, ETH 0 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
ETX Capital | Pepperstone |
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. | |
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