Are you confused about whether to choose Nutmeg vs Pepperstone as a broker for your investing needs?
In this side-by-side comparison, we analyse Nutmeg vs Pepperstone to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
Nutmeg vs Pepperstone: In a Nutshell
Automated ETF portfolios for UK users
Nutmeg is one of the largest digital wealth managers in the UK (also known as “Robo-Advisor).
Nutmeg offers investors fully managed ETF portfolios that help investors achieve their financial goals, whether it’s for retirement or a home.
It is regulated by the Financial Conduct Authority (FCA). Besides, client assets are held in two custodians: Barclays and State Street, as per regulatory requirements.
CFDs trading for European Investors
Established in 2010, Pepperstone is known for its fast execution speeds and competitive pricing, making it a popular choice among active traders.
With a strong focus on technology and innovation, Pepperstone offers a range of trading platforms, including MetaTrader 4 and cTrader, providing traders with powerful tools to execute trades effectively.
The company also offers a wide range of trading instruments, including major and minor currency pairs, commodities, indices, and cryptocurrencies (CFDs).
Pros and Cons
Nutmeg
Pros
- Automated rebalancing and dividend reinvestment
- Fees Transparency
- Stocks and shares, Lifetime and Junior ISAs
- Long performance track record (+10 years)
- Socially conscious portfolios
- Minimum account balance of £100
Cons
- Medium to high fixed fees
- Cannot buy single shares
Pepperstone
Pros
- Easy account opening
- Low FX spreads
- No withdrawal or inactivity fees
- Good customer support
- Under top-tier regulation
Cons
- No offer of real stocks and ETFs, options and bonds
- Does not accept US clients
- Limited in educational content
Nutmeg vs Pepperstone: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
