Forex.com
Pepperstone
Basic data of broker
Recommended for Forex traders looking for low fees and great research tools
Recommended for Forex traders looking for great account opening and customer service
USA
Australia
Fees
Low trading and average non-trading fees, low forex 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
7
9
Deposit type
Withdrawal type
Account opening
$100
$0
1-3 days
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement
Proof of identity: ID / passport Proof of residency: utility bill
Trading platform
Markets and products
Disclaimer: 73% 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, CAD 1 million for clients under IIROC, no investor protection for other clients
£85,000 for UK clients, €20,000 for EU clients, no protection in other countries
2001
2010
USA, UK, Canada, Japan, Cayman Islands, Cyprus, Hong Kong, Singapore, Australia
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.
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.
Forex.com's service is on par with Pepperstone's and a comparison of their fees shows that Forex.com's fees are slightly higher than Pepperstone's.
Account opening takes somewhat more effort at Forex.com compared to Pepperstone, deposit and withdrawal processes are about the same quality at Forex.com, while customer service quality is lower than Pepperstone's.
Our experts rated the trading platform of Forex.com as being of the same quality as the platform of Pepperstone, found that clients have access to about the same number of markets and products with Forex.com, while Pepperstone provides somewhat better research and education.