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 Key Features

pepperstone review
Visit Pepperstone
79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Pepperstone Reviews
Total Markets178
Forex Pairs36
Commodities16
Indices14
UK Stocks0
US Stocks64
Broker specifics
2019 RevenueNA
Number Active Clients57,000
Minimum Deposit£100
Inactivity FeeNone
Founded2010
FX Retails SpreadsPepperstone
EUR/USD Euro vs US Dollar0.13
GBP/USD British pound vs US dollar0.44
USD/JPY US Dollar vs Japanese Yen0.25
EUR/GBP Euro vs British Pound0.41
AUD/USD Australian Dollar vs US Dollar0.14
USD/CAD US Dollar vs Canadian Dollar0.14
USD/CHF US Dollar vs Swiss Franc0.64
NZD/USD NZ Dollar vs US Dollar0.32
EUR/JPY Euro vs Japanese Yen0.22
EUR/AUD Euro vs Australian Dollar0.54
FX Retail Margins
EUR/USD Euro vs US Dollar30:01:00
GBP/USD British pound vs US dollar30:01:00
USD/JPY US Dollar vs Japanese Yen30:01:00
EUR/GBP Euro vs British Pound30:01:00
AUD/USD Australian Dollar vs US Dollar20:01
USD/CAD US Dollar vs Canadian Dollar30:01:00
USD/CHF US Dollar vs Swiss Franc30:01:00
NZD/USD NZ Dollar vs US Dollar20:01
EUR/JPY Euro vs Japanese Yen30:01:00
EUR/AUD Euro vs Australian Dollar20:01
Commodity Spreads
WTI crude (oil)0.5
Brent crude (oil)0.5
Natural Gas0.5
Gold0.5
Silver0.5
Copper (comex)0.195
Cornnot quoted
Wheatnot quoted
Soyabeans1.19
Gasoline RBOBnot quoted
Steelnot quoted
Aluminiumnot quoted
Ironnot quoted
Commodity Margins
WTI crude (oil)10:01
Gold20:01
Cornnot quoted
Brent crude (oil)10:01
Natural Gas10:01
Silver10:01
Copper10:01
Wheatnot quoted
Soyabeans10:01
Gasoline RBOBnot quoted
Steelnot quoted
Aluminiumnot quoted
Ironnot quoted
Index Spreads
Dow Jones Industrials Average (US 30)2.4
Standard & Poor’s 500 (S&P 500)0.6
Nasdaq (Composite and Nasdaq 100)1
Dow Jones Industrials (DJIA)not quoted
UK FTSE 100 (FTSE 100)3
CAC 40 (France 40)1
DAX (Germany 30)0.9
Euro Stoxx 50 (Euro 50)2
Japan 225 (Nikkei 225)8
Hong Kong (Hang Seng Index)30
Index Margins
Dow Jones Industrials Average (US 30)20:01
Standard & Poor’s 500 (S&P 500)20:01
Nasdaq (Composite and Nasdaq 100)20:01
Dow Jones Industrials (DJIA)not quoted
UK FTSE 100 (FTSE 100)20:01
CAC 40 (France 40)20:01
DAX (Germany 30)20:01
Euro Stoxx 50 (Euro 50)20:01
Japan 225 (Nikkei 225)20:01
Hong Kong (Hang Seng Index)10:01
Stocks & Shares Spreads
UK Stock Spreadsnot quoted
US Stock Spreads$0.02 per share
Stocks & Shares Margins
US Stock Margins05:01
UK Stock Marginsnot quoted
Overnight Financing Rates
Forex (tom next plus or minus )not published
Commoditiesnot published
Indicesnot published
UK Stocksnot published
US Stocksnot published
Compare AlternativesPepperstone Versus IG
Pepperstone Versus CMC Markets
Pepperstone Versus Saxo Markets
Pepperstone Versus Spreadex
Pepperstone Versus City Index

Spreadex Key Features

Spreadex review
Visit Spreadex
67% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Spreadex Reviews
Total Markets10000
Forex Pairs53
Commodities21
Indices37
UK Stocks2000
US Stocks500
Broker specifics
2019 RevenueNA
Number Active Clientsnot disclosed
Minimum Deposit100
Inactivity FeeNone
Founded1999
FX Retails SpreadsSpreadex
EUR/USD Euro vs US Dollar0.6
GBP/USD British pound vs US dollar0.9
USD/JPY US Dollar vs Japanese Yen0.7
EUR/GBP Euro vs British Pound0.9
AUD/USD Australian Dollar vs US Dollar0.6
USD/CAD US Dollar vs Canadian Dollar0.13
USD/CHF US Dollar vs Swiss Franc0.15
NZD/USD NZ Dollar vs US Dollar0.2
EUR/JPY Euro vs Japanese Yen0.15
EUR/AUD Euro vs Australian Dollar0.18
FX Retail Margins
EUR/USD Euro vs US Dollar1899-12-31 06:01:00
GBP/USD British pound vs US dollar1899-12-31 06:01:00
USD/JPY US Dollar vs Japanese Yen1899-12-31 06:01:00
EUR/GBP Euro vs British Pound1899-12-31 06:01:00
AUD/USD Australian Dollar vs US Dollar1970-01-01 20:01:00
USD/CAD US Dollar vs Canadian Dollar1899-12-31 06:01:00
USD/CHF US Dollar vs Swiss Franc1899-12-31 06:01:00
NZD/USD NZ Dollar vs US Dollar1970-01-01 20:01:00
EUR/JPY Euro vs Japanese Yen1899-12-31 06:01:00
EUR/AUD Euro vs Australian Dollar1970-01-01 20:01:00
Commodity Spreads
WTI crude (oil)0.3
Brent crude (oil)0.3
Natural Gasnot quoted
Gold0.4
Silver0.3
Copper (comex)not quoted
Cornnot quoted
Wheatnot quoted
Soyabeansnot quoted
Gasoline RBOBnot quoted
Steelnot quoted
Aluminiumnot quoted
Ironnot quoted
Commodity Margins
WTI crude (oil)1970-01-01 10:01:00
Gold1970-01-01 20:01:00
Cornnot quoted
Brent crude (oil)1970-01-01 10:01:00
Natural Gasnot quoted
Silver1970-01-01 10:01:00
Coppernot quoted
Wheatnot quoted
Soyabeansnot quoted
Gasoline RBOBnot quoted
Steelnot quoted
Aluminiumnot quoted
Ironnot quoted
Index Spreads
Dow Jones Industrials Average (US 30)2.4
Standard & Poor’s 500 (S&P 500)0.4
Nasdaq (Composite and Nasdaq 100)2
Dow Jones Industrials (DJIA)not quoted
UK FTSE 100 (FTSE 100)1
CAC 40 (France 40)2
DAX (Germany 30)1.2
Euro Stoxx 50 (Euro 50)2
Japan 225 (Nikkei 225)15
Hong Kong (Hang Seng Index)8
Index Margins
Dow Jones Industrials Average (US 30)1970-01-01 20:01:00
Standard & Poor’s 500 (S&P 500)1970-01-01 20:01:00
Nasdaq (Composite and Nasdaq 100)1970-01-01 20:01:00
Dow Jones Industrials (DJIA)not quoted
UK FTSE 100 (FTSE 100)1970-01-01 20:01:00
CAC 40 (France 40)1970-01-01 20:01:00
DAX (Germany 30)1970-01-01 20:01:00
Euro Stoxx 50 (Euro 50)1970-01-01 20:01:00
Japan 225 (Nikkei 225)1970-01-01 20:01:00
Hong Kong (Hang Seng Index)1970-01-01 10:01:00
Stocks & Shares Spreads
UK Stock Spreads0.001
US Stock Spreads0.0015
Stocks & Shares Margins
US Stock Margins1970-01-01 22:01:00
UK Stock Margins1970-01-01 22:01:00
Overnight Financing Rates
Forex (tom next plus or minus )intertest rate differentials +0.80%
CommoditiesVariable by instrument see
IndicesVariable by instrument see see
UK StocksLibor+/- 3.0%
US Stocks1 month US Libor +/-3.0%
Compare AlternativesSpreadex Versus IG
Spreadex Versus CMC Markets
Spreadex Versus Pepperstone
Spreadex Versus City Index
Spreadex Versus Saxo Markets

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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