CMC Markets
Pepperstone
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex and CFD traders looking for an advanced trading platform with many research tools
Recommended for Forex traders looking for great account opening and customer service
UK
Australia
Fees
Low forex fees, average CFD and 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
10
9
Deposit type
Withdrawal type
Account opening
$0
$0
1-3 days
1 day
Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement
Proof of identity: ID / passport Proof of residency: utility bill
Trading platform
Markets and products
Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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
£85,000 for clients under FCA, $1,000,000 under IIROC, no protection under other regulators
£85,000 for UK clients, €20,000 for EU clients, no protection in other countries
1989
2010
UK, Australia, Canada, New Zealand, Singapore, Germany
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.
CMC Markets's service is on par with Pepperstone's and a comparison of their fees shows that CMC Markets's fees are slightly higher than Pepperstone's.
Account opening takes somewhat more effort at CMC Markets compared to Pepperstone, deposit and withdrawal processes are somewhat easier at CMC Markets, while customer service quality is similar to Pepperstone's.
Our experts rated the trading platform of CMC Markets as somewhat better than the platform of Pepperstone, found that clients have access to about the same number of markets and products with CMC Markets, while Pepperstone provides just about the same quality of research and education.
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