Pepperstone
Trust rank #10 · Founded 2010
Pepperstone is a well-regarded forex broker offering access to forex and CFD markets through multiple trading platforms, with tools for analysis and risk management.
Read the Pepperstone reviewPepperstone vs Plus500 (2026): regulation, platforms and costs compared
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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Plus500
Trust rank #3 · Editorial rating 10 / 10 · Founded 2008
Plus500 is a regulated forex and CFD broker offering broad access to currency pairs and other markets on a proprietary web and mobile platform. It provides built-in charting, order types, and risk…
Read the Plus500 reviewPepperstone (Australia, founded 2010) holds 8 regulatory licences (ASIC, BaFin, CMA, CySEC, DFSA…), 3 of them tier-1, offers cTrader, MT4, MT5, TradingView and sits in our low-fee bracket. Plus500 (Israel, founded 2008) holds 11 regulatory licences (ASIC, CFTC, CySEC, DFSA, FCA…), 6 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 229 countries; Pepperstone is available in 0 countries where Plus500 is not, and Plus500 in 2 where Pepperstone is not.
Verdict at a glance
- Pepperstone leads on platform choice.
- Plus500 leads on trust rank, track record, regulatory coverage, country coverage and tier-1 licences.
- Level on instrument range and fee level.
Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
Pepperstone vs Plus500: side-by-side data
| Criteria | Pepperstone | Plus500 |
|---|---|---|
| Editorial rating | Not verified | 10 / 10 |
| Trust rank | #10 | #3 |
| Founded | 2010 | 2008 |
| Headquarters | Australia | Israel |
| Regulators | ASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB | ASIC, CFTC, CySEC, DFSA, FCA, FMA, FSA Seychelles, FSCA, ISA, MAS, NFA |
| Broker type | ECN, STP | Market Maker |
| Platforms | cTrader, MT4, MT5, TradingView | Proprietary |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 229 countries | 231 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Copy Trading, Professional Trading, Retail Trading | Professional Trading, Retail Trading |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.
Pros
Pepperstone
- Raw spreads from 0.0 pips + low commissions
- Ultra-low-latency market execution, deep liquidity
- NDD/STP model with scalping, hedging, and EAs allowed
- MT4/MT5, cTrader, TradingView, and API support
- Top-tier regulation (FCA, ASIC)
Plus500
- Multi-jurisdiction regulation and segregated client funds
- Commission-free FX trading with competitive spreads
- Negative balance protection and advanced risk tools
- Intuitive WebTrader and mobile apps
- Broad FX pair selection
Cons
Pepperstone
- No guaranteed stop-loss orders
- Negative balance protection limited to EU/UK retail clients
- Not available to U.S. residents
- CFDs-only offering (no real stocks/ETFs)
- No proprietary trading platform
Plus500
- Market-maker execution (no ECN/STP/DMA)
- Proprietary platform only (no MetaTrader/cTrader)
- No algorithmic/API trading support
- No commission-based raw-spread accounts
- Inactivity fee after inactivity
Key features
Pepperstone
- Agency model no dealing desk market execution
- Razor raw spreads and Standard pricing
- MT4 MT5 cTrader and TradingView platforms
- Advanced tools Autochartist Smart Trader Tools cTrader Automate and VPS
- Tier 1 regulation and segregated client funds ASIC FCA CySEC DFSA BaFin
- Wide range of CFDs forex indices commodities shares and crypto where permitted
Plus500
- Multi asset CFD trading Forex Indices Commodities Shares ETFs Options and Crypto
- Proprietary WebTrader platform on web and mobile advanced charting alerts and sentiment
- Top tier regulation segregated client funds and FTSE 250 listed parent company
- Risk management Guaranteed Stop Orders Trailing Stops and Negative Balance Protection
- Commission free spread only pricing with overnight funding and conversion fees
- Free unlimited demo account and 24 7 multilingual support
Country availability: Pepperstone vs Plus500
Available at both (229): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Canada, Cayman Islands, Central African Republic, Chad, Chile, China and 189 more.
Only Plus500 (2): Spain, United States of America.
- Pepperstone accepted countries
- Plus500 accepted countries
- Best forex brokers in Afghanistan
- Best forex brokers in Albania
- Best forex brokers in Algeria
- Best forex brokers in American Samoa
- Best forex brokers in Andorra
- Best forex brokers in Angola
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
Pepperstone vs Plus500: common questions
Which broker is more regulated, Pepperstone or Plus500?
Plus500 holds more regulatory licences: Pepperstone (ASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB) versus Plus500 (ASIC, CFTC, CySEC, DFSA, FCA, FMA, FSA Seychelles, FSCA, ISA, MAS, NFA). Tier-1 licences: Pepperstone 3, Plus500 6.
Which trading platforms do Pepperstone and Plus500 offer?
Pepperstone offers cTrader, MT4, MT5, TradingView; Plus500 offers Proprietary.
Which has lower fees, Pepperstone or Plus500?
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
Which is older, Pepperstone or Plus500?
Plus500 is the older of the two, founded in 2008; Pepperstone was founded in 2010.
Are Pepperstone and Plus500 available in the same countries?
They overlap in 229 countries. Pepperstone is additionally available in 0 countries () and Plus500 in 2 countries (Spain, United States of America).
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Pepperstone
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- Is Pepperstone regulated?
- Pepperstone trading platforms
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Plus500
Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.