AvaTrade vs Pepperstone 2024

AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by four Tier-1 regulators (Highly Trusted), three Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). AvaTrade is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), the Japanese Financial Services Authority (JFSA), the Canadian Investment Regulatory Organization (CIRO) via Friedberg Direct, and regulated in the European Union via the MiFID passporting system.

Pepperstone is not publicly traded and does not operate a bank. Pepperstone is authorised by three Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 (High Risk). Pepperstone is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and regulated in the European Union via the MiFID passporting system.

AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2024 Annual Awards.

Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.

To open a trading account with AvaTrade, you'll need to make an initial minimum deposit of $100.

Pepperstone requires a minimum deposit of $0 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both AvaTrade and Pepperstone offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Pepperstone offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that AvaTrade holds 4 global Tier-1 licenses, while Pepperstone holds 3. AvaTrade holds 3 global Tier-2 licenses, while Pepperstone holds 2.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Pepperstone (95) earned a higher Trust Score than AvaTrade (94).

To compare the trading platforms of both AvaTrade and Pepperstone, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, AvaTrade offers a better experience. With research, Pepperstone offers superior market research. Finally, we found AvaTrade to provide better mobile trading apps.

Here’s what trading platforms are available at AvaTrade:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - Yes
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - Yes
• TradingView - No

Here’s what trading platforms are available at Pepperstone:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - Yes
• DupliTrade - Yes
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - Yes

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both AvaTrade and Pepperstone offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. AvaTrade and Pepperstone both offer copy trading.

Pepperstone provides traders 65 currency pairs (e.g., EUR/USD) compared to AvaTrade's 53 available pairs. If you are interested in trading a full range of securities, Pepperstone offers traders access to 1726 tradeable symbols, while AvaTrade offers access to 1260 tradeable symbols; so Pepperstone offers 466 more tradeable symbols than AvaTrade.

We found in our testing that Pepperstone offers a more diverse selection of investment options than AvaTrade, allowing you to trade both brokers allow traders to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative), Social Trading / Copy Trading and Spread Betting. Neither have Int'l Stock Trading (Non CFD) and Cryptocurrency (Physical).