Alpaca Trading
Pepperstone
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders interested in algorithmic stock trading
Recommended for Forex traders looking for great account opening and customer service
USA
Australia
Fees
Free stock and ETF trading, low non-trading fees
Low non-trading fees and average forex fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
9
Deposit type
Withdrawal type
Account opening
$0
$0
1 day
1 day
Social security number, other proof of residence
Proof of identity: ID / passport Proof of residency: utility bill
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
£85,000 for UK clients, €20,000 for EU clients, no protection in other countries
2015
2010
USA
UK, Germany, Cyprus, Australia, United Arab Emirates, Bahamas, Kenya
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Alpaca Trading's service is on par with Pepperstone's and a comparison of their fees shows that Alpaca Trading's fees are slightly lower than Pepperstone's.
Account opening takes about the same effort at Alpaca Trading compared to Pepperstone, deposit and withdrawal processes are considerably more complicated at Alpaca Trading, while customer service quality is lower than Pepperstone's.
Our experts rated the trading platform of Alpaca Trading as somewhat better than the platform of Pepperstone, found that clients have access to about the same number of markets and products with Alpaca Trading, while Pepperstone provides just about the same quality of research and education.