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pepperstone , Central Tanshi Broker Comparison

Do you want to know which is the better broker between pepperstone and Central Tanshi ?

In the table below, you can compare the features of pepperstone , Central Tanshi side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
pepperstone
7.77
Regulated
Under guarantee
10-15 years
ASIC,CYSEC,FCA,SCB
--
B
AAA
266
109
109
191
813
813
623
A

EURUSD: 0.1

XAUUSD: -6.8

5
-1
5
D
39.69 USD/Lot
18.33 USD/Lot
A

Long: -7.85

Short: 3.2

Long: -86.93

Short: 37.89

AA
0.1
16.6
Standard,Razor
1350+ markets including shares, indices, forex, commodities and more.
$13.172
--
from just 0.4
0.00
Variable
--
--
Central Tanshi
7.97
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

pepperstone BrokerRelated News

pepperstone BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do pepperstone and central-tanshi-fx have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

pepperstone
Quick Pepperstone Review Summary
Founded2010
HeadquartersMelbourne, Australia
RegulationASIC, CySEC, FCA, DFSA, SCB (Offshore)
Market InstrumentsForex, shares, ETFs, indices, commodities, currency indices, cryptocurrencies, CFD forwards
Demo Account(30 days, $50,000 virtual funds)
Account TypeRazor, Standard, Swap-free, Pro
Min Deposit$0
LeverageUp to 1:200 (Retail)/1:500 (Professional)
EUR/USD SpreadAverage 1.1 pips (Standard account)
Trading PlatformsTradingView, MT4/5, Pepperstone platform, cTrader
Copy/Social Trading
Payment MethodsApple Pay, Google Pay, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Skrill, Union Pay, and USDT
Customer Support24/7
Tel: +1786 628 1209
Email: support@pepperstone.com, marketing@pepperstone.com

Pepperstone Information

Pepperstone is a Forex and CFD broker founded in 2010 in Melbourne, Australia. The company has quickly grown to become one of the largest Forex and CFD brokers in the world with over 150,000 clients across the globe. Pepperstone is regulated by top-tier financial authorities, including the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), etc. It offers a wide range of trading instruments including forex, commodities, indices, currency indices, cryptocurrencies, shares, and ETFs.

Pepperstone's homepage

Pros & Cons

ProsCons
• Regulated by reputable financial authorities including ASIC, CySEC, FCA, DFSA, SCB (Offshore)High minimum deposit for swap-free accounts
• Multiple account options and funding methodsNo clear info on deposits and withdrawals
• Low spreads and commissions, particularly for active traders
• Advanced trading platforms including MT4, MT5, cTrader, and TradingView
• Negative balance protection

Is Pepperstone Legit?

Pepperstone, a reputable and respected online broker, has five regulated entities, operating under a strong regulatory framework globally.

Regulated CountryRegulated byCurrent StatusRegulated EntityLicense TypeLicense Number
Australia
ASICRegulatedPEPPERSTONE GROUP LIMITEDMarket Making (MM)000414530
Cyprus
CySECRegulatedPepperstone EU LimitedMarket Making (MM)388/20
UK
FCARegulatedPepperstone LimitedStraight Through Processing (STP)684312
UAE
DFSARegulatedPepperstone Financial Services (DIFC) LimitedRetail Forex LicenseF004356
Bahamas
SCBOffshore RegulatedPepperstone Markets LimitedRetail Forex LicenseSIA-F217

PEPPERSTONE GROUP LIMITED, its entity in Australia, is regulated by ASIC under license no. 414530.

Regulated by ASIC

Pepperstone EU Limited, its entity in Cyprus, regulated by CYSEC under license no. 388/20.

Regulated by CySEC

Pepperstone Limited, this broker's anothe entity in the UK, is regulate by the FCA under license no. 684312.

Regulated by FCA

Pepperstone Financial Services (DIFC) Limited, its entity in the United Arab Emirates, operates under the DFSA regulation, with license no. F004356.

Regulated by DFSA

Pepperstone Markets Limited, its global entity, is regulated by SCB offshore, with license no. SIA-F217.

Offshore regulated by SCB

How are you protected?

Pepperstone has implemented a number of measures to ensure the safety and protection of its clients' funds and personal information.

More details can be found in the table below:

Client Protection MeasuresDetail
RegulationASIC, CySEC, FCA, DFSA, SCB (Offshore)
Segregated AccountsEnsuring that client funds are protected in the event of company insolvency
Negative Balance ProtectionClients can not lose more than their account balance
Two-Factor AuthenticationProviding an additional layer of security to protect against unauthorized access to their trading accounts
Encryption TechnologyTo protect client information and transactions from potential threats such as hacking or fraud
Investor Compensation SchemeProvide protection to clients in the event of financial loss or misconduct by the broker

Our Conclusion on Pepperstone Reliability:

Overall, Pepperstone uses advanced security measures to protect its clients' personal and financial information. The broker's commitment to transparency, and customer satisfaction makes it a trustworthy choice for traders.

Market Instruments

Pepperstone offers various trading instruments across multiple asset classes, including:

Forex: Major, minor and exotic currency pairs, including USD/EUR, AUD/USD, EUR/GBP, and more.

Stocks: Trading of popular global stocks including Apple, Amazon, Google, etc.

Indices: CFDs on global indices, including S&P 500, FTSE 100, Nikkei 225, and more.

Commodities: CFDs on gold, silver, oil, and other popular commodities.

Cryptocurrencies: Trading of popular cryptocurrencies including Bitcoin, Ethereum, Litecoin, etc.

Asset ClassSupported
Forex
Commodities
Indices
Currency indices
Cryptocurrencies
Shares
ETFs
Bonds
Options
Market Instruments

Accounts/Fees

Pepperstone offers two types of CFD trading accounts, including Razor and Standard accounts.

RazorStandard
Best forExperienced tradersBeginners
Minimum Deposit0
Account CurrenciesUSD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD
Trading PlatformMT4/5, cTrader, TradingView, Pepperstone platformMT4/5, cTrader, Pepperstone platform
Maximum Leverage (Retail)1:200
Maximum Leverage (Professional)1:500
Market ExecutionNo dealing desk (NDD)
Minimum Trading Size0.01 lots
Maximum Trading Size100 lots
SpreadRaw (from 0 pips)Raw + 1 pip increase
Commission (FX Only)From 3 USD per lot per side
Stop Out (Retail)50%
Stop Out (Professional)20%
Scalping
Expert Advisors (EAs)
Hedging
News Trading

Pepperstone also offer demo accounts, especially for traders to practice their trading skills and strategies. MetaTrader 4 and 5 demo accounts expire automatically after 30 days unless you have a live funded account and ask Pepperstone to set it to non-expiry for you. However, a non-expiry demo account can still be archived if its non-active after 90 days.

It provides traders with virtual funds to trade with and access to real-time market data, allowing them to simulate trading conditions without risking real money. It is a useful tool for beginners to get familiar with the trading platform and for experienced traders to test new strategies or instruments.

Sawp-free and Pro accounts are also available.

Leverage

Regarding European traders and those whose accounts are registered with Pepperstone UK, the European ESMA law has recently reduced the maximum permitted leverage for security reasons.

On Forex instruments, the maximum leverage allowed for retail clients is 1:30. However, leverage levels are contingent upon the entity's laws, such as international offerings. Pepperstone continues to offer leverage of 1:500 for professional clients on each asset.

Nonetheless, ensure you have a thorough understanding of leverage and how to utilize it intelligently, as an increase in your trading size can have a major impact on your potential earnings or losses.

Leverage

Trading Platforms

Pepperstone supports a variety of trading platforms, in addition to its proprietary Pepperstone App, it also offers popular TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader. These platforms are known for their advanced charting tools, technical analysis capabilities, and automated trading capabilities.

Pepperstone has mobile apps for MT4, MT5 and cTrader and is compatible with Android and iOS devices. Besides, traders at Pepperstone can trade on the official website without downloading any software.

Trading Platform

Deposits & Withdrawals

Pepperstone offers various deposit and withdrawal methods for its clients, including: UnionPay, Alipay, Visa, MasterCard, bank transfers, Neteller, Skrill, and U-Payment, USDT (Tether), Google Pay, and Apple Pay.

withdrawals

Pepperstone does not charge any deposit or withdrawal fees. But most International TTs are approximately $20.

Withdrawal forms received after 21:00 (GMT) will be processed the following day. If these are received before 07:00 (AEST) they will be processed on the same day. Withdrawals made by Bank Wire Transfer usually take 3-5 working days to reach your account.

Pepperstone minimum deposit vs other brokers

PepperstoneMost Other
Minimum Deposit$0$/€/£100

Frequently Asked Questions (FAQs)

Is Pepperstone regulated?

Yes. Pepperstone is regulated by ASIC, CySEC, FCA, DFSA, and SCB (Offshore).

Does Pepperstone offer demo accounts?

Yes.

Does Pepperstone offer industry-standard MT4 & MT5?

Yes. Both MT4 and MT5 are available. Pepperstone also supports cTrader, TradingView, and its proprietary Pepperstone App.

What is the minimum deposit for Pepperstone?

There is no minimum deposit requirement.

Is Pepperstone a good broker for beginners?

Yes. Pepperstone is a good choice for beginners because it is regulated well and offers a wide variety of trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

central-tanshi-fx
Central Tanshi Review Summary
Founded2002
Registered Country/RegionJapan
RegulationRegulated by FSA (Japan)
Market InstrumentsForex
Demo Account
Leverage1:25 for individual customer
EUR/USD SpreadFrom 0.1 pips
Trading PlatformMobile app, PC and Web platforms
Min Deposit0
Customer SupportContact form
YouTube: https://www.youtube.com/channel/UCGDu9m4guwZcPAIPXyyx7KQ
Twitter: https://twitter.com/CTFX

Central Tanshi is a legally regulated forex pairs provider that was registered in Japan in 2002. It offers a variety of forex pairs through versatile trading platforms, with no minimum deposit required. In addition, it provides a leverage of 1:25 for individual customers and spreads starting from 0.1 pips.

However, it does not accept inquiries by phone number. Instead, you can only submit a contact form with your questions, and they will respond to your inquiries.

Central Tanshi's homepage

Pros and Cons

ProsCons
Long history of operationLimited leverage
Regulated by Japan's FSANo MT4/5
Various forex pairs choicesLimited customer support channels
Commission-free
Multiple trading platforms available
No minimum deposit requirement

Is Central Tanshi Legit?

Yes, Central Tanshi is a legitimate provider of forex pairs. It holds a retail forex license issued by the Japan Financial Services Agency (FSA), bearing the license number Kanto Finance Director (Financial Business) No. 278.

In addition, it is a member of the Securities and Exchange Surveillance Commission of Japan.

In conclusion, Central Tanshi is reliable, and you can consider trading forex on its platforms.

Regulated CountryCurrent StatusRegulated AuthorityRegulated EntityLicense TypeLicense Number
RegulatedJapan Financial Services Agency (FCA)セントラル FX Co., Ltd.Retail Forex LicenseKanto Finance Director (Financial Business) No. 278
Regulated by FCA

What Can I Trade on Central Tanshi?

Central Tanshi focuses on forex pairs trading. It offers many common forex pairs, and you can also find exotic forex pairs on its platform. The forex pairs it provides include USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, ZAR/JPY, GBP/USD, AUD/USD...

Tradable InstrumentsSupported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
Exchange rate

How to Open an Account?

You need to follow eight steps to register an account with Central Tanshi. All of these steps are quite easy, and detailed explanations for each are provided in its website.

  1. Step 1: Enter your email address.
  2. Step 2: Enter the verification code sent to the email address you provided.
  3. Step 3: Fill in your personal information.
  4. Step 4: Verify your identity using your smartphone. First, take a photo of your ID. Second, take aphoto of your face.
  5. Step 5: Once the review is complete, a notification of account opening completion, along with your user ID and password, will be sent to your registered email address.
  6. Step 6: Log in to your My Page and change your password for security reasons.
  7. Step 7: Register your My Number on your My Page.
  8. Step 8: Register your withdrawal bank account details on your My Page.
How to Open an Account?

Leverage

The leverage offered by Central Tanshi differs between individual and corporate customers.

For individual customers, it is set at a fixed ratio of 1:25, which is considered conservative and safe, enabling you to trade securely based on your requirements.

On the other hand, for corporate customers, the leverage varies weekly based on market fluctuations, and it also differs for each type of currency pair.

Leverage 1
Leverage 2

Spread

The spreads offered by Central Tanshi also vary depending on the type of currency pair.

During certain trading hours, the spread for MXN/JPY can be as low as 0.1 pips, while during other periods, the spread for GBP/JPY can reach as high as 16.0 pips.

Spread

Other Fees

Central Tanshi does not charge any account maintenance fees or transaction fees.

However, if you need to send an issuing report by mail, there is a charge of 1,100 yen per report.

Additionally, for delivery services, there is a fee of 500 yen for every 10,000 units.

Commission
Delivery

Trading Platform

Central Tanshi offers a proprietary platform available on mobile (smartphone and iPad), PC and Web.

The PC version comes with three additional options, including fast chart, Trade Plus, and a network trading system.

Trading PlatformSupportedAvailable DevicesSuitable for
Proprietary platformWeb, PC and Mobile/
MT4/Beginners
MT5/Experienced traders
Proprietary platform 1
Proprietary platform 2

Deposit and Withdrawal

Payment Methods

Central Tanshi offers two types of deposit methods: click deposit and bank transfer deposit.

Click deposit utilizes your financial institution's online banking service for near-instant deposits. You must have an online banking agreement with one of the following financial institutions to use this method.

Click deposit

Bank transfer deposit allows you to fund your account through various methods such as bank counters, ATMs, and online banking. The transfer fees will be borne by you. Supported banks include Sumitomo Mitsui Banking Corporation (Nihonbashi Branch), Mizuho Bank (Kofunecho Branch), and Mitsubishi UFJ Bank.

Transfer deposit

Fees

Deposit: For click deposits, it is free. For transfer deposits, certain fees may be charged.

Withdrawal: Withdrawal in Japanese Yen is free, whereas withdrawals in other foreign currencies will incur some fees.

Additionally, withdrawal fees differ based on the banking institution.

Specifically, withdrawals through Sumitomo Mitsui Banking Corporation, Mizuho Bank, and the Main Branch of Mitsubishi UFJ Bank are free.

For other branches of Mitsubishi UFJ Bank, a fee of 1,000 yen will be charged, and for other financial institutions, a fee of 1,500 yen will be imposed.

Deposit and Withdrawal

Do pepperstone and central-tanshi-fx have lower transaction costs?

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 central-tanshi-fx are, we first considered common fees for standard accounts. On pepperstone, the average spread for the EUR/USD currency pair is from just 0.4 pips, while on central-tanshi-fx the spread is --.

Which broker between pepperstone, central-tanshi-fx is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

pepperstone is regulated by ASIC,CYSEC,FCA,SCB. central-tanshi-fx is regulated by FSA.

Which broker between pepperstone, central-tanshi-fx provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

pepperstone provides the Standard,Razor platform with products like 1350+ markets including shares, indices, forex, commodities and more.; central-tanshi-fx offers the -- platform featuring assets including --.

Looking for more references? The following are other comparisons related to pepperstone, central-tanshi-fx:

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