Pepperstone is an online forex and CFD broker that was founded in 2010 in Australia. It offers trading on over 1000 instruments across various asset classes, including forex, indices, commodities, cryptocurrencies and stocks. Pepperstone is regulated by the Australian Securities and Investments Commission (ASIC) and the UK Financial Conduct Authority (FCA). It also has offices in Cyprus, Germany and Dubai.
Vantage Markets is an online forex and CFD broker that was founded in 2009 in Australia. It offers trading on over 400 instruments across various asset classes, including forex, indices, commodities, cryptocurrencies and stocks. Vantage Markets is regulated by the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA) and the Cayman Islands Monetary Authority (CIMA). It also has offices in London and Vanuatu.
Pepperstone vs Vantage Markets Regulation Comparison
Broker
Country of origin
Tier-1 Licenses
Tier-2 Licenses
Tier-3 Licenses
Pepperstone
Australia
2 (ASIC, FCA)
2 (CySEC, DFSA)
1 (SCB)
Vantage Markets
Australia
2 (ASIC, FCA)
2 (CIMA, FSCA)
2 (VFSC, FSC)
Both brokers are regulated by reputable authorities in Australia and the UK, which are considered high-trust jurisdictions for online trading.
Pepperstone also has more tier-2 licenses than Vantage Markets, which means it can operate in more countries with moderate regulatory oversight, such as Cyprus and the UAE.
Vantage Markets has more tier-3 licenses than Pepperstone, which means it can operate in more countries with low regulatory oversight, such as Vanuatu and Belize.
Pepperstone vs Vantage Markets Trading Assets Comparison
Broker
Forex Pairs
CFDs
Total Instruments
Pepperstone
62
2342
1000+
Vantage Markets
49
1000
400+
Pepperstone offers more trading assets than Vantage Markets, especially in terms of forex pairs and CFDs.
Pepperstone provides access to major, minor and exotic currency pairs, as well as CFDs on indices, commodities, cryptocurrencies, stocks and ETFs from various markets around the world.
Vantage Markets provides access to major, minor and some exotic currency pairs, as well as CFDs on indices, commodities, cryptocurrencies and stocks from various markets around the world.
Pepperstone vs Vantage Markets Trading Fees Comparison
Broker
Average Spread EUR/USD (Standard Account)
Commission per Lot EUR/USD (ECN Account)
Pepperstone
1.16 pips
$7
Vantage Markets
1.30 pips
$6
Both brokers offer two types of accounts: a standard account with no commission but higher spreads, and an ECN account with lower spreads but a commission per lot traded.
The trading fees for both brokers are relatively low compared to the industry average, but Pepperstone has slightly lower spreads than Vantage Markets on both types of accounts.
Both brokers also charge other fees such as overnight financing fees (swap rates), conversion fees for non-base currency deposits or withdrawals, and inactivity fees for dormant accounts.
Pepperstone vs Vantage Markets Account Types Comparison
Broker
Minimum Deposit (USD)
Maximum Leverage (Retail Clients)
Pepperstone Standard Account
$200
30:1
Pepperstone Razor Account
$200
30:1
Vantage Markets Standard STP Account
$50
30:1
Vantage Markets Raw ECN Account
$500
30:1
Pepperstone vs Vantage Markets Deposit Options Comparison
Broker
Deposit Methods
Withdrawal Methods
Pepperstone
Bank transfer, credit/debit card, PayPal, Skrill, Neteller, POLi, BPay, UnionPay, FasaPay, Broker to Broker
Bank transfer, credit/debit card, PayPal, Skrill, Neteller
Bank transfer, credit/debit card, Skrill, Neteller
Both brokers offer a variety of deposit and withdrawal options for their clients, including bank transfers, credit/debit cards and e-wallets.
Pepperstone has more deposit options than Vantage Markets, such as PayPal and Broker to Broker transfers.
Both brokers do not charge any fees for deposits or withdrawals, but third-party fees may apply depending on the method used.
Pepperstone vs Vantage Markets Trading Platforms Comparison
Broker
Web Platform
Mobile Platform
Desktop Platform
Pepperstone
MetaTrader 4/5 WebTrader cTrader WebTrader
MetaTrader 4/5 App cTrader App Pepperstone App
MetaTrader 4/5 cTrader
Vantage Markets
MetaTrader 4/5 WebTrader
MetaTrader 4/5 App Vantage FX App
MetaTrader 4/5
Both brokers use the popular MetaTrader 4 and MetaTrader 5 platforms as their main trading platforms, which are available in web, mobile and desktop versions.
Both brokers also offer their own proprietary mobile apps that provide additional features such as market news, analysis and education.
Pepperstone also offers the cTrader platform, which is another popular platform for forex and CFD trading that has advanced charting and order execution features.
Pepperstone vs Vantage Markets Analytical Tools Comparison
Learn to Trade Forex Learn to Trade CFDs Learn to Trade Crypto Learn to Use MT4/MT5 Learn to Use cTrader Trading Guides Trading Videos Trading Webinars Trading eBooks Trading FAQs Trading Glossary
Learn to Trade Forex Learn to Trade CFDs Learn to Trade Crypto Learn to Use MT4/MT5 Trading Guides Trading Videos Trading Webinars Trading eBooks Trading FAQs Trading Glossary
Both brokers offer a range of analytical tools for their clients, such as Autochartist and Smart Trader Tools, which are third-party plugins that provide automated technical analysis and trading signals on the MetaTrader platforms.
Both brokers also provide market news and economic calendars from various sources, as well as webinars and podcasts on various trading topics.
Both brokers also offer comprehensive education resources for beginner and intermediate traders, such as eBooks, videos and guides on how to trade forex, CFDs and cryptocurrencies using the MetaTrader platforms.
Pepperstone vs Vantage Markets. Which forex broker is better? Which forex broker should you choose?
I cannot give you a definitive answer to that question, as different brokers may suit different traders depending on their preferences, goals and strategies. However, based on the comparison I made, I can give you some factors to consider when choosing between Pepperstone and Vantage Markets:
If you are looking for a broker with a higher trust score, more trading assets, lower spreads and more deposit options, you may prefer Pepperstone.
If you are looking for a broker with a lower minimum deposit, lower commission and more tier-3 licenses, you may prefer Vantage Markets.
If you are looking for a broker that offers the cTrader platform, you may prefer Pepperstone, as Vantage Markets does not offer this platform.
If you are looking for a broker that offers similar research and education tools, you may find both brokers satisfactory, as they offer comparable features in this regard.
Ultimately, the best way to decide which broker is better for you is to try them out yourself by opening a demo account or a live account with a small amount of money and testing their platforms, services and support. You can also read more reviews and feedback from other traders who have used these brokers before making your final decision. I hope this helps.