Written by ForexBrokers.com
In this head to head comparison of AvaTrade vs Pepperstone, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 2006, AvaTrade is a seasoned player in the online brokerage landscape, offering a secure trading environment with a Trust Score of 94 as per ForexBrokers.com. This score indicates a high level of trustworthiness. While AvaTrade is not publicly traded nor a bank, it solidifies its reliability with four Tier-1 licenses and three Tier-2 licenses, affirming its trusted status in the industry.
Pepperstone, launched in 2010, also stands out as a dependable choice, boasting a slightly higher Trust Score of 95, placing it among the highly trusted brokers. Like AvaTrade, Pepperstone is not publicly traded and doesn't operate as a bank. Its credibility is backed by three Tier-1 licenses and two Tier-2 licenses, reassuring investors of a secure trading platform. Both brokers offer strong regulatory frameworks, though Pepperstone edges ahead in trust perception.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Year Founded | 2006 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 3 | 2 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the online brokers AvaTrade and Pepperstone, both offer competitive fees and commissions, although each has unique characteristics that cater to different trading needs. AvaTrade is recognized for its spreads, which are just under one pip at 0.9 pips, closely aligning with the industry average but slightly above entry-level accounts at brokers like CMC Markets and Tickmill. For professional traders, AvaTrade offers a competitive spread of 0.6 pips on its Professional account, a rate that is in line with FP Markets.
Pepperstone is distinguished by its agency-execution model and favorable pricing, particularly through its Razor account. This account provides an average spread of 0.10 pips for EUR/USD, but when factoring in commission-equivalent costs of 0.70 pips, the total expense comes to 0.80 pips—hovering around the industry norm. For those trading on a Standard account with Pepperstone, the average spread is higher at 1.1 pips, as this account is free from commissions. High-volume traders can benefit from Pepperstone's Active Trader program, which offers spread rebates based on trading volume, adding further appeal for active traders.
Both AvaTrade and Pepperstone are rated highly for commissions and fees, each scoring 4.5 out of 5 stars. Despite both receiving the same star rating, Pepperstone ranks slightly higher, coming in at number 10 out of 62 brokers on ForexBrokers.com, while AvaTrade ranks at number 12. This slight difference might suggest that while both brokers offer appealing pricing structures, Pepperstone provides a slight edge for those prioritizing lower fees and dynamic pricing models in high volume trading scenarios.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 0.93 | 1.00 |
| All-in Cost EUR/USD - Active | 0.61 | 0.70 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing AvaTrade and Pepperstone for their range of investment options, both brokers shine in offering forex trading as CFDs or spot contracts. AvaTrade provides access to 1,260 tradeable symbols, while Pepperstone boasts a larger selection with 1,726 symbols. In terms of forex pairs, Pepperstone offers more with 65 pairs available compared to AvaTrade's 53 pairs. Both brokers do not offer direct trading of exchange-traded securities from U.S. or international markets, such as buying shares of Apple or Vodafone. However, for those interested in cryptocurrency derivatives, both AvaTrade and Pepperstone include this option in their offerings.
Copy trading is another shared feature between the brokers, allowing users to mimic successful trades. Neither AvaTrade nor Pepperstone provides the ability to buy actual, delivered cryptocurrencies. In ForexBrokers.com’s rankings, both brokers receive a 4-star rating for their range of investments. AvaTrade ranks at #32 out of 62 brokers, while Pepperstone has a slightly better position at #26, reflecting its wider selection of tradeable symbols and forex pairs.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 1726 |
| Forex Pairs (Total) | 53 | 65 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
AvaTrade and Pepperstone both provide an array of trading platforms and tools catering to various trader needs, ensuring flexibility and comprehensive options. Both brokers offer simulated trading through free virtual demo accounts and have developed proprietary platforms alongside the widely used MetaTrader 4 and MetaTrader 5. They also cater to traders who prefer Windows-based desktop platforms as well as those who opt for web-based browser trading. With both AvaTrade and Pepperstone featuring impressive copy trading capabilities, they support platforms like DupliTrade. However, AvaTrade further extends its offerings by including ZuluTrade, which Pepperstone does not support.
When it comes to technical features, AvaTrade and Pepperstone offer similar functionalities. Both allow trading directly from stock charts and provide seven fields for watch lists. Nevertheless, Pepperstone distinguishes itself by offering 30 drawing tools compared to AvaTrade's 13. AvaTrade receives a higher rating with 4.5 stars for Trading Platforms and Tools, whereas Pepperstone garners 4 stars. This difference is reflected in their rankings on ForexBrokers.com, where AvaTrade holds the 13th spot out of 62 brokers, outperforming Pepperstone which is ranked 22nd. These features and ratings make each broker appealing for different trading strategies and preferences.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | Yes |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 80 | 15 |
| Charting - Drawing Tools (Total) | 13 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Choosing between AvaTrade and Pepperstone for mobile trading depends on your preferences and trading needs. Both brokers provide iPhone and Android apps, ensuring accessibility for most users. They also offer essential features like stock and forex price alerts, symbol syncing across devices, and the ability to create watchlists with real-time quotes. While AvaTrade stands out for its extensive charting tools, providing 73 technical studies compared to Pepperstone's 30, Pepperstone has the advantage of auto-saving chart drawings, which AvaTrade lacks. Both apps allow drawing trendlines and support viewing multiple chart timeframes, appealing to users who value comprehensive chart analysis.
In terms of user ratings and rankings, AvaTrade slightly edges out Pepperstone with a 4.5-star rating, compared to Pepperstone's 4-star rating. This difference in user satisfaction reflects AvaTrade's slightly better positioning in ForexBrokers.com's Mobile Trading Apps category, where it ranks 13th out of 62 brokers, while Pepperstone sits at 21st. Consider AvaTrade if you have a preference for advanced charting features, though Pepperstone may be appealing for those who prioritize convenience in auto-saving their chart annotations.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing AvaTrade and Pepperstone in terms of market research features, both offer valuable resources that cater to traders' needs. AvaTrade provides forex news from reputable sources like Bloomberg and Reuters, alongside tools from Trading Central, including technical analytics and a sentiment-based trading tool to gauge market mood. Furthermore, AvaTrade offers an economic calendar to keep users informed of significant global news events. However, it does not provide daily market commentary or tools from Autochartist, which might limit its comprehensiveness for some users.
Pepperstone stands out with its offering of daily market commentary and access to Autochartist's technical and fundamental research tools. It matches AvaTrade in providing forex news from top-tier sources and a sentiment-based trading tool, while also featuring an economic calendar. Despite lacking Trading Central tools, Pepperstone’s higher research rating of 4.5 stars and better ranking at #12 among 62 brokers, compared to AvaTrade’s 4-star rating and #34 ranking, suggests it may be better suited for those seeking more in-depth market analysis and a wider array of research tools.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both AvaTrade and Pepperstone provide a comprehensive offering for those new to forex and CFD trading. AvaTrade boasts a portfolio that includes more than ten educational materials, spanning articles, videos, and webinars focused primarily on forex and CFDs. Complementing these resources, AvaTrade holds monthly online webinars and maintains a searchable archive of recorded sessions. In addition, beginners have access to over ten specially tailored beginner trading videos. Along with these basic offerings, AvaTrade caters to experienced traders with over ten advanced educational videos and provides an investor dictionary covering at least 50 investment terms. While AvaTrade delivers extensive educational support, it's rated 4 stars for education quality by ForexBrokers.com and holds the #2 rank among 62 brokers in this category.
Similarly, Pepperstone stands out with its commitment to educating novice traders through a variety of methods. Like AvaTrade, Pepperstone provides more than ten educational pieces dedicated to forex and CFDs, hosting monthly online webinars accompanied by a searchable library of past recordings. Beginners can also find over ten educational videos specifically designed for entry-level traders. Advanced traders are not left behind, with access to more than ten videos focusing on complex trading strategies. Pepperstone offers an investor dictionary that explains over 50 investment terms, enhancing its educational suite. Pepperstone is rated slightly higher than AvaTrade with 4.5 stars for educational quality and is ranked #18 out of 62 brokers by ForexBrokers.com in the education category, reflecting a slightly different emphasis despite a similar breadth of resources.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that AvaTrade is better than Pepperstone. AvaTrade finished with an overall rank of #13, while Pepperstone finished with an overall rank of #16.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
|
Pepperstone
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 95 |
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Both AvaTrade and Pepperstone provide the option to trade cryptocurrency derivatives but do not offer the ability to purchase actual delivered cryptocurrencies.
While both AvaTrade and Pepperstone provide options to deposit or withdraw funds through PayPal, Skrill, Visa or Mastercard, and bank wires, only Pepperstone offers ACH or SEPA transfers, giving it a slight edge for users seeking diverse transaction methods.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | AvaTrade | Pepperstone | |
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| Trust Score | 94 | 95 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Pepperstone Review |
| Broker Screenshots | AvaTrade | Pepperstone | |
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| Regulation | AvaTrade | Pepperstone | |
|---|---|---|---|
| Trust Score | 94 | 95 | |
| Year Founded | 2006 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 3 | 2 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | Pepperstone | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | AvaTrade | Pepperstone | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | AvaTrade | Pepperstone | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 1726 | |
| Forex Pairs (Total) | 53 | 65 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | AvaTrade | Pepperstone | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | 1.00 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.70 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | Pepperstone | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | AvaTrade | Pepperstone | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | Yes | Yes | |
| ZuluTrade | Yes | No |
| Trading Tools | AvaTrade | Pepperstone | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 80 | 15 | |
| Charting - Drawing Tools (Total) | 13 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | Pepperstone | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | Pepperstone | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | Pepperstone | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | AvaTrade | Pepperstone | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | AvaTrade Review | Pepperstone Review |
| Overall | AvaTrade | Pepperstone | |
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| Trust Score | 94 | 95 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Pepperstone Review |
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