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Swissquote vs Pepperstone 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Swissquote vs Pepperstone, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Swissquote
4.5/5 Stars Overall
  • Minimum Deposit: $1000
  • Trust Score: 99
  • Tradeable Symbols (Total): 472
Pepperstone
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 95
  • Tradeable Symbols (Total): 1726

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.

Regulation

Swissquote, founded in 1996, stands as a highly trusted choice for online trading, boasting a perfect Trust Score of 99 from ForexBrokers.com. As a publicly traded company and a bank, Swissquote showcases its credibility with five Tier-1 licenses, the highest level of trust according to ForexBrokers.com, and two Tier-2 licenses. This bolstered regulatory background offers users a sense of security as they engage in various financial transactions.

In comparison, Pepperstone, established in 2010, is noted for its strong trust credentials with a Trust Score of 95. Although not publicly traded or a bank, Pepperstone maintains a reputable presence with three Tier-1 and two Tier-2 licenses. These licenses, combined with its relatively high trust score, make Pepperstone a reliable platform for traders seeking a secure trading environment.

Feature Swissquote logoSwissquote
Pepperstone logoPepperstone
Year Founded info 1996 2010
Publicly Traded (Listed) info Yes No
Bank info Yes No
Tier-1 Licenses info 5 3
Tier-2 Licenses info 2 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2

Fees

When comparing Swissquote and Pepperstone for their commissions and fees, it's clear that each offers distinct advantages depending on your trading needs. Swissquote, a Swiss banking conglomerate, ranks #52 out of 62 brokers and has a 3.5-star rating in the Commissions and Fees category. Despite its prestigious banking background, Swissquote's trading costs are higher compared to lower-cost forex competitors. Of its various entities, Swissquote U.K. presents the most competitive option with its Elite account, which requires a $10,000 deposit and offers lower spreads with a $5 charge per trade. Meanwhile, the Luxembourg branch and Swiss entity provide similar pricing structures, though the Swiss branch's spreads begin higher than the industry average.

Pepperstone, on the other hand, shines with a 4.5-star rating and is ranked #10 by ForexBrokers.com for Commissions and Fees. Known for its agency-execution model, Pepperstone offers excellent pricing, particularly through its Razor account. With an average spread of 0.10 pips for the EUR/USD and a commission-equivalent of 0.70 pips, the all-in cost totals 0.80 pips, aligning closely with the industry average. Pepperstone also features a commission-free Standard account with an average 1.1 pip spread, though the Razor account remains more cost-effective considering its active trader rebates based on volume.

Both brokers cater to active traders, but Pepperstone's Active Trader program stands out by offering tiered rebates on spreads based on monthly trading volumes. Professional clients in the UK or the EU who trade significant volumes can benefit from up to a 25% rebate on spreads, while Australian clients can receive up to a 30% reduction in effective spread. In summary, while Swissquote offers a secure banking experience with a slight premium, Pepperstone provides more competitive pricing and diverse opportunities for high-volume traders.

Feature Swissquote logoSwissquote
Pepperstone logoPepperstone
Minimum Deposit info $1000 $0
Average Spread EUR/USD - Standard info N/A info 1.00 info
All-in Cost EUR/USD - Active info N/A info 0.70 info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes Yes
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing Swissquote and Pepperstone concerning the range of investments they offer, you'll notice distinct differences catering to diverse investor preferences. Swissquote provides clients the opportunity to trade 472 symbols, including 80 forex pairs. It allows trading both on U.S. and international exchanges, enabling investors to purchase shares like Apple on the NASDAQ or Vodafone on the London Stock Exchange. In addition, Swissquote supports both spot forex contracts and forex CFDs. If you're into cryptocurrencies, Swissquote presents the option to buy actual cryptocurrencies as well as cryptocurrency derivatives, making it a versatile choice for diverse investment opportunities and achieving a top rating in this category.

On the other hand, Pepperstone presents an impressive selection of 1726 tradeable symbols, surpassing Swissquote in this specific metric. However, it offers 65 tradeable forex pairs, slightly fewer than Swissquote. Also available are forex CFDs and cryptocurrency derivatives. Unlike Swissquote, Pepperstone does not facilitate direct trading on U.S. and international exchanges, meaning you won't be able to purchase stocks directly like Apple or Vodafone. While both platforms provide options for copy trading, Swissquote’s broader range of investment options and higher ranking by ForexBrokers.com reflect its superior versatility, as indicated by its 5-star rating compared to Pepperstone's 4 stars.

Feature Swissquote logoSwissquote
Pepperstone logoPepperstone
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 472 1726
Forex Pairs (Total) info 80 65
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

When comparing the trading platforms and tools offered by Swissquote and Pepperstone, both brokers stand out with their comprehensive features but have unique strengths. Swissquote and Pepperstone both provide traders the opportunity to practice with free virtual demo accounts, ensuring users gain confidence before trading with real funds. Both brokers also deliver proprietary platforms and support Windows-based desktop downloads. Furthermore, they offer web-based trading platforms, enhancing accessibility for traders on different devices. Users seeking copy trading will find both platforms accommodating, though only Pepperstone provides DupliTrade, while neither supports ZuluTrade. Swissquote shines with a higher number of drawing tools for charting and a more detailed watch list with eleven columns, compared to Pepperstone's seven. Both platforms allow traders to execute orders directly from stock charts, catering to those who want efficiency in their trading workflows.

For traders valuing advanced charting and a feature-rich platform, Swissquote is highly rated at 4.5 stars, standing at the 12th position in the Trading Platforms and Tools category by ForexBrokers.com. This makes it a strong contender for those who prioritize sophisticated trading tools. Pepperstone, while slightly lower at 4 stars and ranked 22nd, still offers significant functionality, including support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5), making it a solid choice for traders who appreciate flexible trading options and tool-rich environments. Both brokers have built reliable platforms to meet the diverse needs of their clients, but your preference might lean toward the broker providing the features that most align with your trading style.

Feature Swissquote logoSwissquote
Pepperstone logoPepperstone
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No Yes
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 86 15
Charting - Drawing Tools (Total) info 75 30
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 11 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both Swissquote and Pepperstone offer comprehensive mobile trading apps for both iPhone and Android users, complete with essential features like stock and forex price alerts, the ability to draw trendlines, and multiple time frame viewing options. Each platform provides 30 technical studies for chart analysis, making them competitive choices for traders looking to manage and analyze their investments on the go. Users can also create watchlists with real-time quotes, and any drawings made on charts are automatically saved for convenience. However, when it comes to syncing watchlist symbols between mobile apps and online accounts, Pepperstone stands out by offering this feature, while Swissquote does not.

In terms of user ratings and rankings, Swissquote edges ahead with a 4.5-star mobile app rating compared to Pepperstone's 4 stars. This user preference is also reflected in their rankings on ForexBrokers.com, where Swissquote holds the 11th position out of 62 brokers, indicating a higher satisfaction level among its users compared to Pepperstone, which is ranked 21st. Thus, both apps offer robust trading tools and user-friendly interfaces, but Swissquote might slightly appeal more to those prioritizing app coherence and user satisfaction.

Feature Swissquote logoSwissquote
Pepperstone logoPepperstone
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Both Swissquote and Pepperstone are strong contenders when it comes to providing comprehensive market research tools for their users. Both brokers offer daily market commentary and forex news updates from top-tier sources such as Bloomberg and Reuters. They also provide technical analysis tools from Autochartist, enhancing the trading experience by supplying essential insights and strategies. However, neither offers tools from Trading Central or TipRanks, nor do they offer research tools from Acuity Trading. They both feature an economic calendar that keeps you updated with current and upcoming global economic events.

Where they differ is in the availability of sentiment-based trading tools; Pepperstone offers this feature, allowing users to access data on the ratio of long or short positions across currency pairs, while Swissquote does not. In terms of accolades, Pepperstone holds a slight edge with a 4.5-star rating for research, ranking 12th out of 62 brokers according to ForexBrokers.com. Swissquote isn’t far behind, with a respectable 4-star rating and a 16th place ranking. This positions Pepperstone as the more highly-rated platform in terms of market research, but both platforms provide valuable tools for informed trading decisions.

Feature Swissquote logoSwissquote
Pepperstone logoPepperstone
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info No Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners looking to dive into the world of forex and CFDs trading, choosing the right online broker with comprehensive educational resources is crucial. Both Swissquote and Pepperstone cater to novices with an impressive array of learning materials. They each provide a minimum of ten educational pieces, including articles, videos, and archived webinars focused specifically on forex and CFDs. Not only that, these brokers ensure continuous learning with at least one webinar monthly and offer an archive for clients to revisit past sessions, allowing for flexible learning schedules.

Swissquote and Pepperstone further enhance their educational offerings with targeted videos for beginners, as well as more advanced topics for seasoned traders. Each broker presents at least ten beginner videos alongside at least ten advanced videos, supporting a user's growth from novice to expert. A helpful investor dictionary with over fifty terms also aids in quickly grasping essential trading jargon. Despite their similar resources, Pepperstone slightly edges out Swissquote with a 4.5-star rating for education compared to Swissquote's 4-star rating. Moreover, Pepperstone ranks 18th on ForexBrokers.com for educational services, whereas Swissquote sits at 21st, making Pepperstone a slightly more favored choice among educational rankings.

Feature Swissquote logoSwissquote
Pepperstone logoPepperstone
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 of the best forex brokers, our research and account testing finds that Swissquote is better than Pepperstone. Swissquote finished with an overall rank of #11, while Pepperstone finished with an overall rank of #16.

Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.

Feature Swissquote logoSwissquote
Pepperstone logoPepperstone
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Trust Score info 99 95
Range of Investments 5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 4.5/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Swissquote or Pepperstone?

Swissquote allows users to purchase actual delivered cryptocurrency as well as cryptocurrency derivatives, whereas Pepperstone only provides the option to trade cryptocurrency derivatives.

What funding options does each broker offer?

Both Swissquote and Pepperstone offer a variety of funding options for depositing and withdrawing account funds, including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires.




announcementPlease 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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Compare

0 of 5
Overall Rating Swissquote Pepperstone
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 3.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 99 95
Winner check_circle
Review Swissquote Review Pepperstone Review
Broker Screenshots Swissquote Pepperstone
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Swissquote Pepperstone
Trust Score info 99 95
Year Founded info 1996 2010
Publicly Traded (Listed) info Yes No
Bank info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 5 3
Tier-2 Licenses info 2 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2
Tier-1 Licenses (Highly Trusted) Swissquote Pepperstone
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Swissquote Pepperstone
Kenya (CMA Authorised) info No Yes
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Swissquote Pepperstone
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 472 1726
Forex Pairs (Total) info 80 65
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info 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 Swissquote Pepperstone
Average Spread EUR/USD - Standard info N/A info 1.00 info
All-in Cost EUR/USD - Active info N/A info 0.70 info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Swissquote Pepperstone
Minimum Deposit info $1000 $0
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes Yes
Trading Platforms Swissquote Pepperstone
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No Yes
DupliTrade info No Yes
ZuluTrade info No No
Trading Tools Swissquote Pepperstone
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 11 7
Charting - Indicators / Studies (Total) info 86 15
Charting - Drawing Tools (Total) info 75 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Swissquote Pepperstone
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Swissquote Pepperstone
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info No Yes
Economic Calendar info Yes Yes
Education Swissquote Pepperstone
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Swissquote Pepperstone
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Swissquote Review Pepperstone Review
Overall Swissquote Pepperstone
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 3.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 99 95
Winner check_circle
Review Swissquote Review Pepperstone Review
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