Are you confused about whether to choose Pepperstone vs eToro as a broker for your investing needs?
In this side-by-side comparison, we analyse Pepperstone vs eToro 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!
Pepperstone vs eToro: In a Nutshell
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).
Social trading and commission-free stock trading
eToro is a well-known worldwide fintech startup and the leader in the social trading field (following other people’s trades), with over 30 million users worldwide.
You can also invest in other products through their platform, which is intuitive and simple to use, making it a good choice for beginners. Plus, eToro offers commission-free stock trading (other fees apply).
Opening an account and depositing is easy, and you can even try it out with virtual money (a demo account). On the downside, spreads can be high for some products.
Pros and Cons
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
eToro
Pros
- Commission-free stock trading
- Social Trading and other innovative products
- Wide variety of financial products
- Slick, modern, and easy for anyone to use
- Top tier regulators
Cons
- Limited disclosed financial information
- Withdraw and inactivity fees
- Spread, overnight, inactivity, and currency conversion fees higher than average
- Only one currency account (USD) - a currency conversion fee is applied if you deposit in a different currency
- Doesn’t offer bonds, futures, or options
Pepperstone vs eToro: 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.
