Compare Pepperstone vs Markets.com
What is Pepperstone? What is Markets.com?
Pepperstone is an Australian forex broker that also offers CFDs on indices, commodities, shares and cryptocurrencies. It was founded in 2010 and is regulated by several authorities, including ASIC, FCA, DFSA, SCB, CMA, CySEC and BaFin.
Markets.com is a global online broker that offers CFDs and spread betting on forex, stocks, bonds, ETFs, commodities, indices and cryptocurrencies. It was established in 2008 and is operated by Safecap Investments Limited, a subsidiary of Playtech PLC, which is listed on the London Stock Exchange. It is regulated by CySEC, FSCA, ASIC and FSC.
Pepperstone vs Markets.com Regulation Comparison
Both brokers are regulated by multiple authorities in different jurisdictions, which enhances their credibility and trustworthiness. However, Pepperstone has more regulators than Markets.com, covering more regions such as Europe, Asia, Africa and the Middle East.
Pepperstone vs Markets.com Trading Assets Comparison
Both brokers offer a wide range of trading instruments across various asset classes, such as forex, indices, commodities, shares and cryptocurrencies. However, Markets.com has more instruments than Pepperstone, with over 2200 CFDs and over 2000 spread betting products, compared to Pepperstone’s 1200+ CFDs.
Markets.com also offers some unique products that Pepperstone does not have, such as bonds, ETFs and blends (customized baskets of assets).
Pepperstone vs Markets.com Trading Fees Comparison
Both brokers charge competitive spreads and commissions on their trades, depending on the account type and the instrument traded. However, Pepperstone generally has lower fees than Markets.com for most products.
For example, Pepperstone offers spreads as low as 0.0 pips on some forex pairs with its Razor account, while Markets.com has spreads starting from 0.6 pips on forex with its Standard account. Pepperstone also charges a commission of $3.76 per lot per side for its Razor account, while Markets.com does not charge any commission for its Standard account.
Both brokers also charge other fees such as overnight financing fees (swap rates), inactivity fees and withdrawal fees.
Pepperstone vs Markets.com Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. However, Pepperstone has more account options than Markets.com.
Pepperstone offers four account types: Standard (no commission), Razor (low spreads and commission), Swap-Free (Islamic account) and Active Traders (for high-volume traders). Markets.com offers three account types: Standard (no commission), Professional (higher leverage) and VIP (exclusive benefits).
Both brokers also offer demo accounts for practice trading and joint accounts for shared trading.
Pepperstone vs Markets.com Deposit Options Comparison
Both brokers offer various methods for depositing and withdrawing funds from your trading account. However, Pepperstone has more payment options than Markets.com.
Pepperstone accepts deposits and withdrawals via bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (PayPal/Skrill/Neteller), online banking (POLi/BPay/FasaPay) and broker-to-broker transfer. Markets.com accepts deposits and withdrawals via bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (PayPal/Skrill/Neteller) and online banking (Sofort/Giropay/iDeal).
Both brokers do not charge any fees for deposits, but they may charge fees for withdrawals depending on the method and amount. You should check the details of these fees before making a transaction with either broker.
Pepperstone vs Markets.com Trading Platforms Comparison
Both brokers offer access to four major trading platforms: MetaTrader 4, MetaTrader 5, cTrader and TradingView. These platforms are widely used and trusted by traders around the world, and they offer advanced charting tools, indicators, expert advisors, trading signals and social trading features.
However, Pepperstone has some advantages over Markets.com in terms of platform customization and integration. Pepperstone offers more than 28 indicators and expert advisors with its Smart Trader Tools package, which can enhance your MT4 and MT5 experience. Pepperstone also offers Autochartist, a powerful tool that can identify high-probability trading opportunities based on technical analysis. Moreover, Pepperstone is the official online trading partner of the ATP Tour, which means that you can access exclusive tennis content and insights on TradingView.
Markets.com does not offer any additional tools or features for its platforms, except for its own proprietary platform called Marketsx. This platform is designed to provide traders with more market insights, analysis and sentiment data.
Pepperstone vs Markets.com Analytical Tools Comparison
Both brokers provide various analytical tools and resources to help traders make informed decisions and improve their trading skills. However, Markets.com has more tools than Pepperstone in this aspect.
Markets.com offers a range of tools such as market news, economic calendar, trading signals, market sentiment, analyst recommendations, advanced alerts, financial commentary and webinars.
Pepperstone offers some tools such as market news, economic calendar, trading guides, webinars and podcasts.
Pepperstone vs Markets.com. Which forex broker is better? Which forex broker should you choose?
Based on the comparison I provided, you can consider some factors that may influence your decision, such as:
- Regulation: If you value security and credibility, you may prefer a broker that is regulated by more authorities and covers more regions, such as Pepperstone.
- Trading assets: If you want to diversify your portfolio and trade a variety of instruments, you may prefer a broker that offers more products and unique options, such as Markets.com.
- Trading fees: If you want to save costs and maximize your profits, you may prefer a broker that charges lower spreads and commissions, such as Pepperstone.
- Account types: If you want to customize your trading experience and access different features and benefits, you may prefer a broker that offers more account options, such as Pepperstone.
- Deposit and withdrawal options: If you want to have more flexibility and convenience in funding and withdrawing from your account, you may prefer a broker that offers more payment methods, such as Pepperstone.
- Trading platforms: If you want to use advanced and reliable platforms with more tools and integration, you may prefer a broker that offers more customization and features, such as Pepperstone.
- Analytical tools: If you want to access more market insights, analysis and education, you may prefer a broker that offers more resources and tools, such as Markets.com.
Ultimately, the best way to decide which forex broker is better for you is to try them out yourself. You can open a demo account with both brokers and test their services and platforms before committing to a real account. You can also read reviews and feedback from other traders who have used both brokers. This way, you can make an informed and confident choice.
