First Trade vs Pepperstone, Updated for 2026

Compare First Trade vs Pepperstone

Each platforms for online trading feature some pros and cons, and any comprehensive analysis of First Trade vs Pepperstone would not be regarded as thorough without embracing an objective perspective.

Compare Pepperstone and First Trade to understand the way they compare against one another before you choose to make an account. Conducting a side-by-side comparison can put things into perspective to ensure that you remain aware of what you should anticipate.

So you are looking for a professional broker and are choosing between First Trade or Pepperstone. Which one is best in 2026?

This First Trade vs Pepperstone comparison contains the latest information so you can easily compare Pepperstone against First Trade.

If you are a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive understanding. You'll acquire proficient at all the concepts of brokerage since you continue trading. For starters, you need to select the right agent who will be clear with you constantly.

In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. First Trade and Pepperstone are just two such platforms that will take you and your investment into great heights. It is crucial to compare First Trade vs Pepperstone until you trust them with your cash.

Our First Trade vs Pepperstone comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust First Trade and Pepperstone side by side.

Our full First Trade vs Pepperstone Review covers everything you need to know about trading with either First Trade or Pepperstone. A good broker can multiply your initial investments and give you positive profits. If you want to make profits, you should trade with a broker service that contrasts with your investment goals.

There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you choose them. It's a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.

First Trade and Pepperstone are both brokers which have found their way successfully to the broker world. In this review, we have attempted to collate a number of the vital facets of both First Trade and Pepperstone. This review will help you to know whether either Pepperstone or First Trade is a fantastic fit for your own investments or not. We've tried to breakdown all of the features and charges for your advantage.

Benefits of First Trade and Pepperstone Compared

First Trade offers a minimum deposit of $5 while Pepperstone has a $200 minimum deposit.

Why smaller minimum deposits are good and how First Trade and Pepperstone compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

First Trade has around 101 financial instruments whilst Pepperstone has around 101 available.

The more instruments you can trade on the First Trade and Pepperstone platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of First Trade or Pepperstone.

First Trade and Pepperstone Contact Details

Being able to contact your broker simply is vital. First Trade and Pepperstone have the following contact details and social medias that you can use.

Pepperstone and First Trade Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

This part of comparing First Trade and Pepperstone will examine whether their mobile app meets all our requirements.

We rate overall the user-friendliness of both apps as Better than the average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

First Trade vs Pepperstone - Awards

First Trade vs Pepperstone - Frequently Asked Questions

First Trade vs Pepperstone - Headquarters And Year Of Founding

First Trade was founded in 2008 and has its head office in USA.

Pepperstone was founded in 2010 and has its head office in Australia.

What is the minimum deposit for Pepperstone or First Trade

The minimum deposit for First Trade is $5.

The minimum deposit for Pepperstone is $200.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both First Trade and Pepperstone are a good option.

First Trade vs Pepperstone - Regulation And Licencing In More Detail

First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Pepperstone is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217.

Both First Trade and Pepperstone have a strong collection of rules for ensuring fair trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).

As per their own privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare First Trade vs Pepperstone Commission And Fees

First Trade and Pepperstone are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an online broker isn't necessarily influenced by the number of clients they have.

But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 different types of fees for this objective.

The first kind of charges to keep an eye out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In such instances, you're paying a spread, financing rate, or a commission. The kinds of trading charges and the prices differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people that are billed when you hold a leveraged position for more than a day.

Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your account. They are charged for surgeries like depositing money, not investing for long periods, or withdrawals.

In general, neither First Trade or Pepperstone charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who often trade, such as weekly or daily trading.

But, non-trading fees charged by First Trade and Pepperstone are relatively competitive. As a result, you're charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of assets.

This First Trade vs Pepperstone review for 2026 breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees For First Trade And Pepperstone

What Languages Do First Trade And Pepperstone Support?

Being able to talk easily with your online platform is a key way of comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key factor to success when trading forex.

Here you can find all the languages that both First Trade and Pepperstone support.

How Many Clients Do First Trade and Pepperstone Have?

Both First Trade and Pepperstone are well known and trusted. It is important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many customers are using their services.

Below you will find details of how many clients First Trade and Pepperstone have

What Payment Methods Do First Trade and Pepperstone Accept?

First Trade and Pepperstone both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at First Trade and Pepperstone

What Can You Trade With First Trade and Pepperstone?

First Trade offers 101 trading instruments while Pepperstone offers 100.

Below you will find a full breakdown of what both First Trade and Pepperstone offer.