Pepperstone vs Plus500
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.
4.8
4.5
14 pts
Head to head
Winners by category
Full comparison table
Rating
Pepperstone
4.8
Plus500
4.5
Model score
Pepperstone
94
Plus500
80
Regulation
Pepperstone
Regulators: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), BaFin (Germany), CMA (Kenya), SCB (Bahamas)
Plus500
Heavily licensed worldwide by Tier-1 authorities including the Financial Conduct Authority (FCA, UK), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS), Cyprus Securities and Exchange Commission (CySEC), and the Commodity Futures Trading Commission (CFTC, US via Plus500 US).
Spreads
Pepperstone
Razor spreads start from 0.0 pips. Average EUR/USD spread ~0.1 pips (+ commission). High-speed execution via ECN/STP routing.
Plus500
Operates on dynamic spread pricing with direct market execution via its proprietary engine. Average EUR/USD spreads start at approximately 0.8 pips.
Fees
Pepperstone
Razor Account: Raw spreads from 0.0 pips + competitive commission per side. Standard Account: Spread-only with no commission.
Plus500
100% commission-free trading model. The broker monetizes via spread markups, overnight financing (swap) adjustments, currency conversion fees (up to 0.7%), and a fee for optional Guaranteed Stop Loss Orders.
Platforms
Pepperstone
MT4, MT5, cTrader, TradingView.
Plus500
Proprietary Plus500 WebTrader, Plus500 Mobile App (iOS/Android), and Plus500 Futures terminal for dedicated US futures contracts.
Account types
Pepperstone
Standard, Razor, Islamic.
Plus500
Offers a single unified Retail Trading Account, a Professional Account for qualifying traders requiring higher leverage limits under ESMA rules, and a dedicated US Futures Account.
Min deposit
Pepperstone
Minimum Deposit: $0 - $10 (varies by region, typically no minimum or $10 nominal)
Plus500
$100 for credit/debit cards and electronic wallets; $500 for bank wire transfers.
| Topic | Pepperstone | Plus500 |
|---|---|---|
| Rating | 4.8 | 4.5 |
| Model score | 94 | 80 |
| Regulation | Regulators: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), BaFin (Germany), CMA (Kenya), SCB (Bahamas) | Heavily licensed worldwide by Tier-1 authorities including the Financial Conduct Authority (FCA, UK), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS), Cyprus Securities and Exchange Commission (CySEC), and the Commodity Futures Trading Commission (CFTC, US via Plus500 US). |
| Spreads | Razor spreads start from 0.0 pips. Average EUR/USD spread ~0.1 pips (+ commission). High-speed execution via ECN/STP routing. | Operates on dynamic spread pricing with direct market execution via its proprietary engine. Average EUR/USD spreads start at approximately 0.8 pips. |
| Fees | Razor Account: Raw spreads from 0.0 pips + competitive commission per side. Standard Account: Spread-only with no commission. | 100% commission-free trading model. The broker monetizes via spread markups, overnight financing (swap) adjustments, currency conversion fees (up to 0.7%), and a fee for optional Guaranteed Stop Loss Orders. |
| Platforms | MT4, MT5, cTrader, TradingView. | Proprietary Plus500 WebTrader, Plus500 Mobile App (iOS/Android), and Plus500 Futures terminal for dedicated US futures contracts. |
| Account types | Standard, Razor, Islamic. | Offers a single unified Retail Trading Account, a Professional Account for qualifying traders requiring higher leverage limits under ESMA rules, and a dedicated US Futures Account. |
| Min deposit | Minimum Deposit: $0 - $10 (varies by region, typically no minimum or $10 nominal) | $100 for credit/debit cards and electronic wallets; $500 for bank wire transfers. |

