Pepperstone vs tastytrade compared

Updated: Aug 2023
Updated: Aug 2023
Pepperstone
tastytrade
4.5
4.7
74-89% of retail CFD accounts lose money
Pepperstone
tastytrade
You can't open an account in United States
You can change your country under 'Regional settings' near the bottom of this page
You can open an account in United States
You can change your country under 'Regional settings' near the bottom of this page
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Deposit and withdrawal score
    4.8
    /5
  • Markets and products score
    2.2
    /5
  • Trading platform combined score
    3.5
    /5
  • Deposit and withdrawal score
    1.9
    /5
  • Markets and products score
    3.3
    /5
  • Trading platform combined score
    3.9
    /5
Recommended for
  • BeginnersNO
  • EquityNO
  • ForexYES
  • CFDNO
  • BeginnersNO
  • EquityYES
  • ForexNO
  • CFDNO
Best alternatives for Pepperstone
Best alternatives for tastytrade

Basic data of broker

Overall score
4.5

Recommended for Forex traders looking for great account opening and customer service

Overall score
4.7

Recommended for Options and futures traders focusing on US markets

Best options trading platform

Country of origin
Broker's country of establishment

Australia

Country of origin
Broker's country of establishment

USA

Fees

Fees score
4.5
Fees score
4.3
Fees summary
BrokerChooser's qualitative summary on the broker's prices

Low non-trading fees and average forex fees

Fees summary
BrokerChooser's qualitative summary on the broker's prices

Low trading and non-trading fees, no inactivity fee

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.8
Deposit and withdrawal score
1.9
Number of base currencies
How many account currencies you can choose from

10

Number of base currencies
How many account currencies you can choose from

1

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
The minimum amount you have to deposit for using the account
No minimum account balance required
*

$0

*
Minimum deposit
The minimum amount you have to deposit for using the account
No minimum account balance
*

$0

*
Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1 day

Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1 day

Required documents
Documents required for opening an account

Proof of identity: ID / passport Proof of residency: utility bill

Required documents
Documents required for opening an account

Proof of identity: ID / passport Proof of residency: bank statement / utility bill

Trading platform

Web platform score
2.8
Web platform score
3.4
Mobile platform score
3.8
Mobile platform score
4.2
Desktop platform score
3.4
Desktop platform score
3.9

Markets and products

Markets and products score
2.2
Markets and products score
3.3
Stocks
Stocks are available
Stock CFD
*
*
Stocks
Stocks are available
Only US
*
*
Fractional shares
Fractional shares are available
Fractional shares
Fractional shares are available
$5 is the minimum
*
*
ETFs
ETFs are available
ETF CFD
*
*
ETFs
ETFs are available
Forex
Forex is available
Provided as a Forex CFD
*
*
Forex
Forex is available
Funds
Funds are available
Funds
Funds are available
Bonds
Bonds are available
Bonds
Bonds are available
Options
Options are available
Options
Options are available
Futures
Futures are available
Futures
Futures are available
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
CFD
*
*
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
Futures, Hot wallet by Zero Hash
*
*
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD
CFD disclaimer

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

Research score
5.0
Research score
5.0
Charting quality

Great

Charting quality

Great

Education score
5.0
Education score
4.5
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
5.0
Phone
You can reach the broker by phone
Phone
You can reach the broker by phone
Live chat
Live chat is available
Live chat
Live chat is available
Email
Email support is available
Email
Email support is available
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend

Security

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

£85k to UK, €20k to EU clients, and $0 to other clients

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

$500k (securities up to $500k, cash up to $250k)

Investor protection
Amount of the investor protection provided by the broker

£85k to UK, €20k to EU clients, and $0 to other clients

Investor protection
Amount of the investor protection provided by the broker

$500k (securities up to $500k, cash up to $250k)

Banking background
Whether the broker has a banking background
Banking background
Whether the broker has a banking background
Listed on stock exchange
The broker is listed on a stock exchange
Listed on stock exchange
The broker is listed on a stock exchange
Foundation date

2010

Foundation date

2017

Country of regulation
Which countries' regulators oversee the broker

UK, Germany, Cyprus, Australia, United Arab Emirates, Bahamas, Kenya

Country of regulation
Which countries' regulators oversee the broker

USA

PepperstonePepperstone

For detailed information and hands-on experience, read our review of this broker.

tastytradetastytrade

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.

Pepperstone's service is on par with tastytrade's and a comparison of their fees shows that Pepperstone's fees are similar to tastytrade's.

Account opening takes about the same effort at Pepperstone compared to tastytrade, deposit and withdrawal processes are much more seamless at Pepperstone, while customer service quality is similar to tastytrade's.

Our experts rated the trading platform of Pepperstone as being of the same quality as the platform of tastytrade, found that clients have access to slightly less markets and products with Pepperstone, while tastytrade provides just about the same quality of research and education.

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