Compare

OANDA vs Pepperstone

Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.

OANDA rating

4.6

Pepperstone rating

4.8

Score gap

5 pts

Matchup

Head to head

Winners by category

Pricing & spreads

Pepperstone leads— Edge for Pepperstone (103.8 vs 96.2).

Regulation breadth

Pepperstone leads— Edge for Pepperstone (97.0 vs 94.5).

User experience

Pepperstone leads— Edge for Pepperstone (74.5 vs 72.1).

Editorial composite

Pepperstone leads— Edge for Pepperstone (108.4 vs 102.8).

Full comparison table

Rating

OANDA

4.6

Pepperstone

4.8

Model score

OANDA

Pepperstone

Regulation

OANDA

CFTC/NFA (USA), FCA (UK), ASIC (Australia), MAS (Singapore), IIROC (Canada), CIRO (Canada), JFSA (Japan)

Pepperstone

Regulators: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), BaFin (Germany), CMA (Kenya), SCB (Bahamas)

Spreads

OANDA

Spreads start from 0.0 pips on Core + Commission accounts, and from 1.0 pips on Standard Core accounts. Fully automated V20 execution engine with zero requotes.

Pepperstone

Razor spreads start from 0.0 pips. Average EUR/USD spread ~0.1 pips (+ commission). High-speed execution via ECN/STP routing.

Fees

OANDA

Core Pricing: Spread-only pricing (average EUR/USD ~1.0 – 1.2 pips). Core + Commission: Raw spreads from 0.0 pips + $3.50 commission per side ($7.00 round turn). No deposit or withdrawal fees.

Pepperstone

Razor Account: Raw spreads from 0.0 pips + competitive commission per side. Standard Account: Spread-only with no commission.

Platforms

OANDA

fxTrade Web/Mobile, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView

Pepperstone

MT4, MT5, cTrader, TradingView.

Account types

OANDA

Standard Core, Core + Commission, Premium / Elite Trader, Demo Account

Pepperstone

Standard, Razor, Islamic.

Min deposit

OANDA

($0 )No minimum in some regions

Pepperstone

Minimum Deposit: $0 – $10 (varies by region, typically no minimum or $10 nominal)

Topic	OANDA	Pepperstone
Rating	4.6	4.8
Model score	89	94
Regulation	CFTC/NFA (USA), FCA (UK), ASIC (Australia), MAS (Singapore), IIROC (Canada), CIRO (Canada), JFSA (Japan)	Regulators: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), BaFin (Germany), CMA (Kenya), SCB (Bahamas)
Spreads	Spreads start from 0.0 pips on Core + Commission accounts, and from 1.0 pips on Standard Core accounts. Fully automated V20 execution engine with zero requotes.	Razor spreads start from 0.0 pips. Average EUR/USD spread ~0.1 pips (+ commission). High-speed execution via ECN/STP routing.
Fees	Core Pricing: Spread-only pricing (average EUR/USD ~1.0 – 1.2 pips). Core + Commission: Raw spreads from 0.0 pips + $3.50 commission per side ($7.00 round turn). No deposit or withdrawal fees.	Razor Account: Raw spreads from 0.0 pips + competitive commission per side. Standard Account: Spread-only with no commission.
Platforms	fxTrade Web/Mobile, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView	MT4, MT5, cTrader, TradingView.
Account types	Standard Core, Core + Commission, Premium / Elite Trader, Demo Account	Standard, Razor, Islamic.
Min deposit	($0 )No minimum in some regions	Minimum Deposit: $0 – $10 (varies by region, typically no minimum or $10 nominal)