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Plus500 vs Pepperstone : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Plus500

Plus500

VS
Pepperstone

Pepperstone

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

ECN broker

Years of Existence / Established Year

2008

2010

Customer Base / Number of Accounts

20 Million

400,000 traders


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Regulation & Security

Regulations (governing bodies)

FCA, CYSEC, ASIC, FMA, FSCA, FSP, ISA, FSA, MAS, DFSA, FSA, SCB

FCA, ASIC, DFSA, CySEC, CMA, BaFin, and SCB

Awards Won (count for the last 2 years)

Best in Class for Trust Score 2024, GLOBAL TRADING ADVFN International Financial Awards

2024 Forex Broker of the Year by BrokerWahl.de, TradingView Social Champion 2023

Security Measures

Anti-Money Laundering

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

2800+

1200+ trading assets including shares, currencies indices

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

No

No

Options

Yes

No

Futures

Yes

No

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

Yes

cTrader

No

Yes

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Mobile and web trading platform

Pepperstone proprietary platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Retail Account & Demo Account

Standard and Razor account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$100

$0

Leverage Available

1:30

1:20 to 1:500

Trade Limit (maximum per trade)

Depends on the asset type

100 lots trading size

Commission (per account type)

$0

Razor account - $3, Standard account -$0

Best Suited For (e.g., beginners, experienced traders)

Experienced traders

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Credit, Debit, Master card, Bank transfer, e-wallets

Credit/debit card, Bank transfer, e-wallets, Union pay, USDT

Withdrawal Methods

Credit, Debit, Master card, Bank transfer, e-wallets

Credit/debit card, Bank transfer, e-wallets, Union pay, USDT

Other E-Wallets Supported

PayPal, Skrill

Neteller,skrill, PayPal


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Academy Online Courses, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Guide Beginner's Guide

Trading Education Online Courses, Market Analysis and Insights, Webinars, Trading Guides and eBooks, Video Tutorials, The Daily Fix Market News and Analysis, Pepperstone Blog Trading Insights


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Fees & Commissions

Trading-Related Fees

Commission-$0

Spread-1.2 pips

Spread (typical, fixed, variable)

Variable

Variable

Per Lot Fees

NA

Razor account: $3.50 per lot, Raw account: $7 per lot, cTrader:$6 round trip per unit, TradingView: $7 roundtrip per unit

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

1 pip on FX pairs

Guaranteed Stop Loss Fees

NA

Charges apply

Maximum Leverage

1:30

1:500


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Non-Trading Fees

Dormant Fees

$10 per month inactive for three months

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

NA

NA

Deposit Fee

$0

$0

Currency Conversion Fee

0.70%

Razor Account- $29.36, Standard Account - $48.12, Swap-free Account $58.78

Withdrawal Fee

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

No

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

VIX 00:01 - 23:59 (Opens Monday 01:00; Friday close 23:55), NAS100 01:00 - 23:15, 23:30 - 23:59 (Closes Friday 23:55), HK Share CFDs 4:30-7:00, 8:00-11:00, US Share CFDs 16:31 - 22:55


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/7

Customer Support Methods (phone, email, live chat)

Call +65 6320 1111 or +65 6320 1119, Email to Plus500's customer support, Live chat

Phone: +1786 628 1209, Email: [email protected], Live chat

Support Languages

32+

8+


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Additional Information

Headquarters Location

Menachem Begin 125 Tel Aviv, Israel.

Melbourne, Australia

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Plus500 is known for competitive pricing on basic trades, especially for beginners. However, Pepperstone fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
Plus500 uses a digital-first onboarding approach with clear instructions and fast ID verification. Pepperstone goes a step further with manual checks and optional account tiers, ideal for serious professionals.
If you're trading on-the-go, Plus500 mobile platform is fluid and intuitive. Pepperstone desktop and web apps are more robust, making them suitable for in-depth trading sessions.
Plus500 delivers a robust ecosystem for seasoned traders, whereas Pepperstone focuses on ease of access and modern usability.