Broker comparison between Pepperstone vs AvaTrade
Do you want to figure out which is the better broker, pepperstone or ava-trade?
In the following table, you can compare the features of pepperstone and ava-trade side by side to determine the best fit for your trading needs.
Which broker is more reliable?
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction.
2.Does pepperstone or ava-trade have a lower transaction costs and fees?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we believe that pepperstone and ava-trade are both reliable. We analyze the reasons as following:
Forex broker introduction
General Information & Regulation
Pepperstone is a broker providing Forex and CFD trading services, founded in 2010 by a management team with extensive experience in the Forex and IT industries. The company is headquartered in Melbourne, Australia, with offices in Bangkok, London, UK, and Dallas, USA. The company currently holds a full license from the Australian Securities and Investments Commission (FCA) (license number: 414530), an STP license from the UK Financial Markets Authority (license number: 684312), and a retail forex license from the Securities Commission of the Bahamas (SCB) (license number: SIA-F217).
Investors can trade more than 70 currency pairs, metals (such as gold and silver), commodities such as oil and gas, and a wide range of major stock indices on the Pepperstone platform.
Pepperstone offers two types of trading accounts for investors, the Standard STP account and the Razor account. Both accounts have a minimum deposit of $200. This broker doesn't enforce its minimum deposit while in the UK recommended trading balance of￡500.
With traders from Europe or those which account are registered with Pepperstone UK, as the European ESMA regulation recently lowered the maximum allowed leverage with a security purpose the maximum leverage level is 1:30 on Forex instruments.Pepperstone still offers leverage of 1:500 for the approved pro clients.
Spreads & Commissions
The main spreads for standard STP accounts are 1.2-1.6 for USD/EUR and 1.2-2.2 for GBP/USD, with no commission required. The main spreads for Razor accounts are 0.1-0.4 for EUR/USD and 0.1-1 for GBP/USD, with a certain commission.
Pepperstone offers its users the trading platforms MT4, MT4Mac, Smart Trader, WebTrader, iPhone version, Android version, and Tablet version. The company's MT4 can be used as a native OSX application - meaning there is no need to use expensive Windows emulators or other software to run the platform. Stimulus' Mac OSX platform has the full functionality of MT4, allowing traders to run all the same expert trading guidance tools and indicators on their Macs.
Deposit & Withdrawal
The broker welcomes deposit and withdrawal methods, including Union Pay and wire transfers. The company does not charge users any internal fees for accessing their funds. International wire transfer fees charged by banking institutions are the responsibility of the user, capped at $20.
AvaTrade was established in 2006 in Dublin, the capital of Ireland, co-founded by professionals in the financial field and experts in the e-commerce field. By the end of 2016, AvaTrade had 16 directly-affiliated branches, with branches in five continents around the world, in addition to representative offices in more than 20 countries, and business covering more than 150 countries around the world.
AvaTrade has five entities under stringent regulation in different jurisditions:
AVA CAPITAL MARKETS AUSTRALIA PTY LTD, authorized and regulated by ASIC, with Regulatory License No. 406684
Ava Trade Japan K.K, authorized and regulated by Financial Service Agency in Japan, with Regulatory License No. 2010401081157
AVA Trade EU Limited, authorized and regulated by Cnetral Bank of Ireland (CBI), with Regulatory License unreleased
AVA CAPITAL MARKETS (PTY) LTD, authorized and regulated by Financial Sector Conduct Authority (FSCA), with Regulatory License No. 45984
AVA Trade EU Limited, authorized and regulated by Financial Conduct Authority in U.K. , with Regulatory License No. 504702
Avatrade provides mainstream and popular trading products in the international financial market, including forex, stocks & indices, commodities, and various types of CFDs. Forex includes more than 60 currency pairs, commodities including precious metals, energy, agricultural products, etc. The stock index covers more than 20 world-renowned stock indexes, more than 600 well-known stocks in Europe and the United States, and provides more than 40 currency pair forex options.
AvaTrade Minimum Deposit
Avatrade offers a standard account, a professional account ( to be eligible for a professional account, traders should be sufficient trading activity in the last 12 months , with relevant experience in the financial services sector, and have financial instrument portfolio of over €500,000 at the same time), and an Swap-free account. The minimum deposit to open an account is $100, which seems affordable for most regular traders.
Trading leverage is determined by the particular tarding instrument. The leverage of forex products is up to 1:400, the leverage of commodities up to 1:200, and the leverage of stocks is 1:20.
All transactions performed on the company's platform are subject to transaction fees, including spreads and overnight fees. The spread on EUR/USD is 0.9 pips, GBP/USD 1.6 pips, EUR/GBP 1.5 pips, Gold 0.34 pips, Silver 0.029 pips, Crude Oil 0.03 pips. For More detailed information, see the following chart:
AvaTrade Trading Platform
Avatrade adopts the globally widely used and powerful MT4 trading platform, which can analyze price trends through different time frames, can add 10 kinds of indicators, and supports extensions to add custom indicators to make chart analysis more powerful. MT4 also supports EA automated trading, which can execute multiple orders at the same time. Support multiple terminals and operating systems. Avatrade also uses the MT5 trading platform, which includes more than 600 global high-quality contract stocks, including more period options and technical indicators. Both platforms support multi-terminal, also available for PC, iOS, Android, or Web use.
Deposit & Withdrawal
The minimum deposit is US$100, and there are several popular options, including UnionPay debit card, MasterCard/VISA foreign currency credit card, wire transfer, Skrill and Neteller, etc.
Does pepperstone or ava-trade have a lower transaction costs and fees?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive pepperstone and ava-trade are, we first considered common fees for standard accounts. On pepperstone, the average spread for the EUR/USD currency pair is -- pips, while on ava-trade the spread is 0.6 pips.
Which broker is safer, pepperstone or ava-trade?
To determine the safety of a forex brokers, our experts take various factors into consideration in a multi-dimensional manner. This includes which regulatory licenses the forex trader holds and how reputable those licenses are. We also consider the history of a forex dealer, as long-standing dealers are usually more reliable and trustworthy than newer start-ups. pepperstone is regulated by ASIC,FSA,CBI,FSCA,FCA. ava-trade is regulated by ASIC,CYSEC,FCA,DFSA,SCB,BaFin.
Which broker provides better trading platform, pepperstone or ava-trade?
When our experts review a broker, they usually open real trading accounts and trade through the broker's trading platform. This gives us a better overall assessment of the quality of the platform, the ease of use and the features it offers. pepperstone Available trading platforms include --, tradable financial instruments include Standard、Razor ava-trade works/provides -- trading platform, trading instruments Standard、Razor