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TradeStation vs Pepperstone : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
TradeStation
Pepperstone
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
ECN broker
Years of Existence / Established Year
1982
2010
Customer Base / Number of Accounts
226506+ clients
400,000 traders
Regulation & Security
Regulations (governing bodies)
CFTC, NFA, FINRA, SEC
FCA, ASIC, DFSA, CySEC, CMA, BaFin, and SCB
Awards Won (count for the last 2 years)
Best in Class awards in StockBrockers.com 2023 Online Broker Review, Best Brokerage App at the 2023 Benzinga Global Fintech Awards, TradingView's Best Broker in the AMER Region 2023 Award
2024 Forex Broker of the Year by BrokerWahl.de, TradingView Social Champion 2023
Security Measures
SIPC
FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
Futures option
1200+ trading assets including shares, currencies indices
Currency Pairs
No
Yes
Commodities
No
Yes
Indices
No
Yes
Cryptocurrencies
No
Yes
CFDs
No
Yes
ETFs
Yes
Yes
Stocks
Yes
No
Options
Yes
No
Futures
Yes
No
Bonds
No
No
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
Yes
cTrader
No
Yes
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Desktop, Web trading, Mobile app, Futures Plus
Pepperstone proprietary platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual, Retirement, Entity
Standard and Razor account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$0
$0
Leverage Available
No
1:20 to 1:500
Trade Limit (maximum per trade)
Depends on asset class
100 lots trading size
Commission (per account type)
$0
Razor account - $3, Standard account -$0
Best Suited For (e.g., beginners, experienced traders)
Beginners and experienced traders
Beginner to experienced traders
Deposit & Withdrawal Options
Deposit Methods
Wire transfer, Check, Electronic transfer
Credit/debit card, Bank transfer, e-wallets, Union pay, USDT
Withdrawal Methods
Wire transfer, Check, Electronic transfer
Credit/debit card, Bank transfer, e-wallets, Union pay, USDT
Other E-Wallets Supported
No
Neteller,skrill, PayPal
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market Insights, Webinars, Online Trading Courses, Strategy Development and Backtesting
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
Fees & Commissions
Trading-Related Fees
Commission- Stocks and ETFs- $0, Stock options- $0 Commission + $0.60 per contract, Future options- $0 Commission + $0.60 per contract, Micro futures- $0 Commission + $0.50 per contract, per side, Futures- $0 Commission + $1.50 per contract, per side
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
$0 Commission + $0.60 per contract
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
No
1:500
Non-Trading Fees
Dormant Fees
$10 per month
$0
Subscription Fees (for premium features, data feeds)
TradeStation platform - $149.95 / month, Without Brokerage Account- $99.99 / month $199.99 for professionals, folio-level strategy back-testing tool - $59.95 / month
NA
Advisory Fees
$25
NA
Swap Fees (Overnight Financing)
NA
Yes
Statement or Document Fee
$1 per page
NA
Account Opening Fee
$0
NA
Account Maintenance Fee
$35 per year
NA
Deposit Fee
$0
$0
Currency Conversion Fee
Starts from $0.35
Razor Account- $29.36, Standard Account - $48.12, Swap-free Account $58.78
Withdrawal Fee
Wire transfer- $25- $35
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
Trading Hours
Trading Hours (for each asset class if applicable)
9:30 am ET to 4:00 pm ET
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
Customer Support
Support Hours (e.g., 24/7, weekdays only)
8:00 a.m. - 5:00 p.m. ET
24/7
Customer Support Methods (phone, email, live chat)
Phone: 800.822.0512, Live chat, E-mail: [email protected]
Phone: +1786 628 1209, Email: [email protected], Live chat
Support Languages
1
8+
Additional Information
Headquarters Location
8050 SW 10th Street, Suite 2000. Plantation, FL 33324
Melbourne, Australia
Complaints (for crypto brokers)
No
No
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