Which trading platform is best, Pepperstone or Spreadex?

Pepperstone is a better trading platform compared to Spreadex when judged on the criteria below. Pepperstone offers the most added value, has the best customer reviews and has the most trading platforms. Though Spreadex does offer a far larger range of trading instruments than its rival Pepperstone. Peppertstone vs Spreadex. Check fees, trading prices, platforms and features of these two top brokers.

pepperstone review
Visit Pepperstone
79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Pepperstone Reviews
Pepperstone Total Markets
178
Forex Pairs62
Commodities32
Indices28
UK Stocks192
US Stocks880
ETFs107
Pepperstone Key Info
Number Active Clients110000
Minimum Deposit0
Inactivity Fee0
Founded2010
Public Company
Pepperstone Account Types
CFD Trading✔️
Forex Trading✔️
Spread Betting✔️
DMA (Direct Market Access)
Futures Trading
Options Trading
Investing Account
Pepperstone Average Fees
FTSE 1001
DAX 300.9
DJIA2.4
NASDAQ1
S&P 5000.4
EURUSD0.09
GBPUSD0.28
USDJPY0.14
Gold0.05
Crude Oil2
UK Stocks0.001
US Stocks$0.02 per share
Compare AlternativesPepperstone Versus IG
Pepperstone Versus CMC Markets
Pepperstone Versus Saxo Markets
Pepperstone Versus Spreadex
Pepperstone Versus City Index

Spreadex review
Visit Spreadex
67% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Spreadex Reviews
Spreadex Total Markets
10000
Forex Pairs54
Commodities20
Indices17
UK Stocks1575
US Stocks2110
ETFs160
Spreadex Key Info
Number Active Clients4000
Minimum Deposit0
Inactivity Fee0
Founded1999
Public Company
Spreadex Account Types
CFD Trading✔️
Forex Trading✔️
Spread Betting✔️
DMA (Direct Market Access)
Futures Trading
Options Trading
Investing Account
Spreadex Average Fees
FTSE 1001
DAX 301.2
DJIA4
NASDAQ2
S&P 5000.6
EURUSD0.6
GBPUSD0.9
USDJPY0.7
Gold0.4
Crude Oil3
UK Stocks0.002
US Stocks0.003
Compare AlternativesSpreadex Versus IG
Spreadex Versus CMC Markets
Spreadex Versus Pepperstone
Spreadex Versus City Index
Spreadex Versus Saxo Markets
Table last updated: 24th November 2021 2:36 pm

Which trading platform has the best customer reviews?

Pepperstone has a better overall customer review score compared to Spreadex under the Good Money Guides unique multi-factor rating system. Pepperstone scores 4.625 out of a possible 5.0 versus the 4.125 scored by Spreadex. Pepperstone also outscored Spreadex in our own reviews, and in TrustPilot ratings.

Find out why customer reviews are important

 

Which trading platform offers the most markets?

Spreadex offers more markets than Pepperstone with 10,000 individual instruments available for its customers to trade. Spreadex also offers more instruments across key categories such as FX pairs, equity indices commodities and individual equities, than rivals Pepperstone.

Find out why market access is important

 

Which trading platform offers the most platforms?

Pepperstone offers more trading platforms than Spreadex the trading platform with Metaquotes MT4 and MT5 platforms alongside trader with all three platforms available in desktop and mobile configuration. Spreadex offers its own in house trading platforms for both desktop and mobile devices.

Find out why trading platforms are important

 

Which trading platform offers the most different types of account?

Pepperstone offers more types of accounts than Spreadex; it has two margin trading accounts and a Spread Betting account, and all three are available to retail or professional customers.
Spreadex has a single margin trading or Spread Betting account for retail and professional traders alike.

Find out why account types are important

 

Which trading platform is a more established business?

Spreadex is the most established business and was founded in 1999 whilst Pepperstone was founded in 2010, both businesses are privately owned.

Find out why a trading platforms history is important

 

Which trading platform has the lowest trading costs?

Spreadex offers the lowest trading costs overall though Pepperstone was cheaper in the actively traded FOREX pairs we sampled. However, on commodities, equity indices and individual shares, Spreadex has lower spreads and commissions when compared to its rival.

Find out why trading costs are important

 

Which trading platform offers the most margin?

Pepperstone offers the most margin with leverage of up to 500:1 for professional clients trading FX, which compares with the maximum leverage ratio of 200:1 available at Spreadex.

Both brokers apply the FCA/ESMA margin restrictions to retail client accounts and these are the maximum leverage ratios available in the UK and Europe under current legislation.

Find out why leverage and margin are important

 

Which trading platform offers the lowest overnight financing rates?

Pepperstone does not publish detail of its overnight funding charges or their calculation methodology so no direct comparison with Spreadex was possible here.

Find out why overnight financing rates are important

 

Which trading platform offers the most added value?

Pepperstone offers the most added value out of the two brokers, both firms scored 5 out of a maximum 6 in this category.

However, Pepperstone’s range of webinars and educational videos is more extensive than Spreadex’s, which focus on trading basics but not more advanced topics.

Both brokers offer regular research and market commentary that helps to keep clients informed and aware of potential trading opportunities.

Find out why added value is important

 

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