Written by ForexBrokers.com
In this head to head comparison of Pepperstone vs Forex4you, 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.
Pepperstone and Forex4you are online brokers established in 2010 and 2007, respectively. Neither company is publicly traded or operates as a bank. A major distinction lies in their regulatory standings. Pepperstone boasts three Tier-1 licenses and two Tier-2 licenses, highlighting its commitment to being a reputable broker. In contrast, Forex4you has not secured any Tier-1 or Tier-2 licenses, which may influence perceptions of trust and safety.
According to ForexBrokers.com, Pepperstone holds a Trust Score of 95 out of 99, reflecting a high level of trustworthiness. This is substantially higher compared to Forex4you, which has a Trust Score of 61, indicating a higher risk profile. For those selecting an online broker, these ratings can offer meaningful insight into the level of reliability and oversight each broker maintains.
| Feature |
Pepperstone
|
Forex4you
|
|---|---|---|
| Year Founded | 2010 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 0 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing commissions and fees between Pepperstone and Forex4you, it becomes clear that Pepperstone is a standout choice for high-volume traders due to its competitive pricing structures. Pepperstone offers a Razor account with a commission-based pricing structure, reporting an average spread of 0.10 pips for the EUR/USD. Including the commission-equivalent of 0.70 pips, the total cost is 0.80 pips, which aligns closely with the industry average. On the other hand, the Standard account at Pepperstone is commission-free, but with an average spread of 1.1 pips on the EUR/USD, it presents a more costly option compared to the Razor account. For traders with significant monthly volumes, Pepperstone's Active Trader program offers rebates on the spread that can enhance trading cost efficiency.
Forex4you, when compared to Pepperstone, offers less insight into average spread data for its accounts, potentially complicating the evaluation of trading cost-effectiveness. With Pepperstone's Razor account providing detailed cost information and proven efficiencies for active traders, those concerned with minimizing trading costs might find Pepperstone more attractive.
In the commissions and fees category, Pepperstone holds a commanding position with a 4.5-star rating, ranking 10th out of 62 brokers according to ForexBrokers.com. Meanwhile, Forex4you bears a 3.5-star rating and a ranking of 53rd, suggesting a less favorable position in terms of trading cost efficiency compared to Pepperstone.
| Feature |
Pepperstone
|
Forex4you
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Pepperstone and Forex4you both offer forex trading through CFDs or spot contracts, catering to those who want flexible ways to engage in currency trading. When it comes to the breadth of tradeable symbols, Pepperstone noticeably stands out by offering 1,726 options compared to Forex4you’s 150. In terms of forex pairs, Pepperstone again offers more diversity with 65 pairs available, surpassing Forex4you’s 43. While neither broker provides the option to buy exchange-traded securities from U.S. or international exchanges, they both support copy trading, making it easier for less experienced traders to mimic the decisions of successful investors.
For those interested in cryptocurrencies, both Pepperstone and Forex4you allow trading of cryptocurrency derivatives, though they do not offer the purchase of actual cryptocurrencies. In terms of overall range, Pepperstone scores slightly higher with a rating of 4 stars, ranking 26th out of 62 brokers. Forex4you, on the other hand, receives a rating of 3.5 stars, placing it significantly lower at 58th. This indicates that while both brokers offer a range of trading options, Pepperstone provides a wider selection of investments, making it potentially more appealing for those seeking more variety in their trading activities.
| Feature |
Pepperstone
|
Forex4you
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1726 | 150 |
| Forex Pairs (Total) | 65 | 43 |
| 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.
Pepperstone and Forex4you both provide a wide array of trading platforms and tools that cater to different user preferences and needs. Both brokers offer simulated trading through free virtual demo accounts, allowing users to practice their strategies without financial risk. Additionally, each has developed a proprietary platform alongside offering popular platforms like MetaTrader 4 and 5. Whether you prefer a Windows-based desktop application or the convenience of a web-based browser platform, both brokers have you covered. Copy trading is available with both, but Pepperstone further distinguishes itself by offering DupliTrade, although neither broker supports ZuluTrade. Regardless of the chosen platform, trading straight from a stock chart is possible with both brokers.
When it comes to charting tools, Pepperstone offers 30 drawing tools compared to Forex4you's 15. Both share an equal number of fields for watch lists, offering seven columns. On a rating scale, both brokers score a respectable four out of five stars for their trading platforms and tools. However, Pepperstone secures a higher spot in the rankings at number 22 compared to Forex4you's position at number 52 according to ForexBrokers.com. These differences may be crucial for traders when choosing which broker aligns best with their needs and trading goals.
| Feature |
Pepperstone
|
Forex4you
|
|---|---|---|
| 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 | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Pepperstone and Forex4you both offer versatile mobile trading apps available on iPhone and Android devices. They provide features like stock and forex price alerts, watchlist capabilities with real-time quotes, and tools to draw trendlines on charts. Both apps come equipped with the ability to view multiple time frames and offer 30 technical studies for chart analysis. However, Pepperstone stands out with watchlist symbol syncing, allowing your watchlists to sync with your online account seamlessly. In contrast, Forex4you lacks this feature, which might be important for those who prefer a synchronized trading experience.
In terms of charting functions, both platforms allow users to save drawings automatically, boosting convenience for frequent traders. Despite having a match in feature offerings and a shared rating of four stars for their mobile apps, Pepperstone edges ahead in user rankings by ForexBrokers.com, holding the 21st spot out of 62 brokers, compared to Forex4you's 50th position. This ranking suggests that while both platforms deliver strong performance with essential features, Pepperstone might provide a slightly more refined mobile trading experience according to user feedback.
| Feature |
Pepperstone
|
Forex4you
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Pepperstone and Forex4you both provide traders with a comprehensive suite of market research tools, yet they cater to slightly different needs. Both brokers offer daily market commentary and access to forex news from prestigious sources like Bloomberg and Reuters. They equally equip their users with Autochartist tools, allowing for technical and fundamental analysis. However, a key difference is that Forex4you incorporates Trading Central tools into their offerings, which Pepperstone lacks. On the other hand, Pepperstone provides a sentiment-based trading tool, giving traders insights into market trends, a feature not available with Forex4you.
In terms of broader market insights, both brokers include economic calendars to help users keep track of global news events. Despite these similarities, Pepperstone receives a higher rating of 4.5 stars for research compared to Forex4you's 3.5 stars. This is further highlighted by their rankings on ForexBrokers.com, where Pepperstone is positioned at #12, while Forex4you is ranked #47 out of 62 brokers. These distinctions make Pepperstone a more attractive option for those prioritizing high-quality market analysis.
| Feature |
Pepperstone
|
Forex4you
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources available to beginners between Pepperstone and Forex4you, there are notable differences. Both platforms offer a minimum of 10 educational pieces focused on forex or CFDs, ensuring beginners have access to foundational content. However, Pepperstone stands out by offering online educational webinars monthly and provides a searchable archive of these sessions. Forex4you lacks this consistent live webinar feature. For those who prefer video content, Pepperstone provides over 10 beginner-focused videos exclusively covering trading topics, whereas Forex4you does not meet this threshold.
Advanced traders can also find more comprehensive resources with Pepperstone, which offers at least 10 advanced educational videos. Additionally, Pepperstone includes an investor dictionary with over 50 investing term definitions, enhancing the learning experience for beginners. Meanwhile, Forex4you falls short in these areas. Overall, Pepperstone is rated 4.5 stars for education compared to Forex4you's 3.5 stars. On ForexBrokers.com, Pepperstone ranks #18 out of 62 brokers for education, ahead of Forex4you, which ranks at #25. This comparison highlights Pepperstone's stronger commitment to educating both novice and experienced traders.
| Feature |
Pepperstone
|
Forex4you
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Pepperstone is better than Forex4you. Pepperstone finished with an overall rank of #16, while Forex4you finished with an overall rank of #55.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
| Feature |
Pepperstone
|
Forex4you
|
|---|---|---|
| Overall Rating |
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| Trust Score | 95 | 61 |
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Both Pepperstone and Forex4you do not provide the option to purchase actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
In comparing online brokers Pepperstone and Forex4you, Pepperstone offers more versatile fund deposit and withdrawal options, including ACH, SEPA transfers, and PayPal, in addition to Skrill, Visa, Mastercard, and bank wires, whereas Forex4you limits its options to Skrill, Visa, Mastercard, and bank wires without supporting ACH, SEPA, or PayPal transactions.
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 | Pepperstone | Forex4you | |
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| Trust Score | 95 | 61 | |
| Winner | check_circle | ||
| Review | Pepperstone Review |
| Broker Screenshots | Pepperstone | Forex4you | |
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| Regulation | Pepperstone | Forex4you | |
|---|---|---|---|
| Trust Score | 95 | 61 | |
| Year Founded | 2010 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 0 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Pepperstone | Forex4you | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Pepperstone | Forex4you | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Pepperstone | Forex4you | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1726 | 150 | |
| Forex Pairs (Total) | 65 | 43 | |
| 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 | Pepperstone | Forex4you | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Pepperstone | Forex4you | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Pepperstone | Forex4you | |
|---|---|---|---|
| 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 | Yes | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Pepperstone | Forex4you | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Pepperstone | Forex4you | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Pepperstone | Forex4you | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Pepperstone | Forex4you | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Pepperstone | Forex4you | |
|---|---|---|---|
| GBP/USD | Yes | No | |
| USD/JPY | Yes | No | |
| EUR/USD | Yes | No | |
| USD/CHF | Yes | No | |
| USD/CAD | Yes | No | |
| NZD/USD | Yes | No | |
| AUD/USD | Yes | No | |
| Review | Pepperstone Review |
| Overall | Pepperstone | Forex4you | |
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| Trust Score | 95 | 61 | |
| Winner | check_circle | ||
| Review | Pepperstone Review |
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