Pepperstone vs AvaTrade, Updated for 2024
Read our In-Depth Pepperstone vs AvaTrade Review - Updated for 2024
This review comparing Pepperstone and AvaTrade has been updated to reflect any changes for 2024 from knowledgeable insiders with extensive financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Pepperstone vs AvaTrade does not apply to all countries as follows:
Pepperstone Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
AvaTrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Pepperstone vs AvaTrade
Every trading platforms will have a few advantages and disadvantages, so a complete Pepperstone and AvaTrade review would not be regarded as thorough without adopting a balanced approach.
Compare AvaTrade and Pepperstone to understand just how these platforms compare against each other before you choose to make an account. A side-by-side comparison can place factors into perspective to ensure that you remain aware of the expectations.
So you are looking for a reputable broker and are choosing between Pepperstone or AvaTrade. Who should you choose?
This Pepperstone vs AvaTrade comparison contains the latest information so you can easily compare AvaTrade against Pepperstone.
If you're a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You will get adept at all of the concepts of broker as you continue trading. For starters, you need to choose the ideal agent who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. Pepperstone and AvaTrade are two such trading platforms which will take you and your investment into great heights. It is important to compare Pepperstone vs AvaTrade until you trust them with your cash.
Our Pepperstone vs AvaTrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Pepperstone and AvaTrade side by side.
Our entire Pepperstone vs AvaTrade Review covers all you will need to learn about trading with either Pepperstone or AvaTrade. A good broker can multiply your initial investments and give you favorable profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully analyze your broker before you select them. It's a common misconception that all agents are exactly the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.
Pepperstone and AvaTrade are both brokers which have found their way successfully into the brokerage world. In this review, we've attempted to collate a number of the vital aspects of both Pepperstone and AvaTrade. This review can help you to know whether either AvaTrade or Pepperstone is a good match for your investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Benefits of Pepperstone and AvaTrade Compared
Pepperstone offers a minimum deposit of $200 while AvaTrade has a $250 minimum deposit.
Why smaller minimum deposits are good and how Pepperstone and AvaTrade 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.
Pepperstone has around 100 financial instruments while AvaTrade has around 100 available.
The more instruments you can trade on the Pepperstone and AvaTrade trading 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 never want to miss out on a trading opportunity due to the limitations of Pepperstone or AvaTrade.
Pepperstone and AvaTrade Contact Details
Being able to contact your broker through many ways is important. Pepperstone and AvaTrade have the following contact details and social medias that you can use.
Broker | Pepperstone | AvaTrade |
---|---|---|
Telephone Number | +44 203 807 4724 | +353 76 680 3327 |
support@pepperstone.com | cs@avatrade.com | |
Address | 70 Gracechurch St, London, EC3V 0HR | Ul. Postpu 15, Warsaw, Masovian Voivodeship 02-676, PL |
Pepperstone Twitter Account | AvaTrade Twitter Account | |
Pepperstone Facebook Page | AvaTrade Facebook Page | |
Pepperstone Instagram Account | AvaTrade Instagram Account | |
Pepperstone LinkedIn Page | AvaTrade LinkedIn Page | |
YouTube | Pepperstone YouTube Channel | AvaTrade YouTube Channel |
Find Out More |
|
|
AvaTrade and Pepperstone 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 Pepperstone and AvaTrade will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Pepperstone vs AvaTrade - Awards
Broker | Pepperstone | AvaTrade |
---|---|---|
Awards |
Pepperstone have won numerous industry awards over the time they have been running as an online broker. We show the most recognised awards for Pepperstone below.
|
At the time of writing this AvaTrade review, and despite AvaTrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
Pepperstone vs AvaTrade - Frequently Asked Questions
Pepperstone vs AvaTrade - Headquarters And Year Of Founding
Pepperstone was founded in 2010 and has its headquaters in Australia.
AvaTrade was founded in 2006 and has its headquaters in The British Virgin Islands.
What is the minimum deposit for AvaTrade or Pepperstone
The minimum deposit for Pepperstone is $200.
The minimum deposit for AvaTrade is $250.
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 Pepperstone and AvaTrade are a good choice.
Pepperstone vs AvaTrade - Regulation And Licencing In More Detail
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.
AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
Both Pepperstone and AvaTrade have a strong collection of rules for ensuring honest trading onto their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Pepperstone vs AvaTrade Commission And Fees
Pepperstone and AvaTrade are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily influenced by the number of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of fees for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you are paying a spread, financing rate, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are those that are billed when you maintain a leveraged position for longer than daily.
Apart from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake in your account. They are billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither Pepperstone or AvaTrade charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who often exchange, such as weekly or daily trading.
But, non-trading fees billed by Pepperstone and AvaTrade are relatively greater. Consequently, you are charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not related to the purchase and sale of resources.
This Pepperstone vs AvaTrade review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Pepperstone And AvaTrade
What Languages Do Pepperstone And AvaTrade Support?
Being able to chat completely with your online platform is a key element when comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you can find all the languages that both Pepperstone and AvaTrade support.
How Many Clients Do Pepperstone and AvaTrade Have?
Both Pepperstone and AvaTrade are well established with their customer base. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers Pepperstone and AvaTrade have
What Payment Methods Do Pepperstone and AvaTrade Accept?
Pepperstone and AvaTrade 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 Pepperstone and AvaTrade
What Can You Trade With Pepperstone and AvaTrade?
Pepperstone offers 100 trading instruments whilst AvaTrade offers 250.
Below you will find a full breakdown of what both Pepperstone and AvaTrade offer.
Pepperstone Review
Pepperstone vs AvaTrade:
Table Of Contents
- Compare Pepperstone vs AvaTrade
- Benefits of Pepperstone and AvaTrade Compared
- AvaTrade and Pepperstone Mobile App Comparison
- Pepperstone vs AvaTrade - Awards
- Pepperstone vs AvaTrade - Frequently Asked Questions
- What is the minimum deposit for AvaTrade or Pepperstone
- Pepperstone vs AvaTrade - Regulation And Licencing In More Detail
- Compare Broker Fees For Pepperstone And AvaTrade
- What Languages Do Pepperstone And AvaTrade Support?
- How Many Clients Do Pepperstone and AvaTrade Have?
- What Payment Methods Do Pepperstone and AvaTrade Accept?
- What Can You Trade With Pepperstone and AvaTrade?