Pepperstone vs First Trade, for 2025

Compare Pepperstone vs First Trade

Every trading platforms will have certain pros and cons, and any comprehensive analysis of Pepperstone vs First Trade should not be regarded as thorough without having a fair assessment.

Compare First Trade and Pepperstone to understand the way these platforms line up to one another before you create an account. Conducting a side-by-side comparison will bring aspects in perspective in order that you're aware of what to expect.

So you are looking for an online trading platform and are choosing between Pepperstone or First Trade. Who should you choose?

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

If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You will acquire proficient at all the concepts of brokerage since you keep trading. For starters, you have to select the right broker who'll be transparent with you constantly.

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

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

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

There is no sure-fire way to ensure profits; thus, you must carefully assess your agent before you choose them. It is a common misconception that all brokers are the same, but that is not true. Wrong judgment, initially, can set your investments in danger.

Pepperstone and First Trade are both brokers which have paved their way successfully into the brokerage world. Within this review, we have tried to collate a number of the important facets of both Pepperstone and First Trade. This review can allow you to understand whether either First Trade or Pepperstone is a fantastic match for your own investments or not. We have attempted to breakdown all of the features and fees for your convenience.

Benefits of Pepperstone and First Trade Compared

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

Why smaller minimum deposits are good and how Pepperstone and First Trade 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 whilst First Trade allows you to trade around 100 available.

The more financial instruments you can trade on the Pepperstone and First Trade 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 Pepperstone or First Trade.

Pepperstone and First Trade Contact Details

Being able to contact an online trading platform through many ways is a sign of a professional broker. Pepperstone and First Trade have the following contact details and social medias that you can use.

First Trade 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.

In this part of our comparison of Pepperstone and First Trade we'll check whether either of their mobile apps tick all the boxes.

We rate overall the user-friendliness of the 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 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 First Trade - Awards

Pepperstone vs First Trade - Frequently Asked Questions

Pepperstone vs First Trade - Headquarters And Year Of Founding

Pepperstone was founded in 2010 and has its headquaters in Australia.

First Trade was founded in 2008 and has its headquaters in USA.

What is the minimum deposit for First Trade or Pepperstone

The minimum deposit for Pepperstone is $200.

The minimum deposit for First Trade is $5.

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

Pepperstone vs First Trade - 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.

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

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

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

Compare Pepperstone vs First Trade Commission And Fees

Pepperstone and First Trade are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. That is, an internet broker isn't necessarily affected by the amount of customers they have.

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

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

Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are those that are charged when you hold a leveraged position for longer than a day.

Apart from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.

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

But, non-trading fees charged by Pepperstone and First Trade are comparatively higher. Consequently, you are charged more for non-trading actions in your trading accounts, such as withdrawal and deposits. These are not about the sale and purchase of resources.

This Pepperstone vs First Trade review for 2025 breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees For Pepperstone And First Trade

What Languages Do Pepperstone And First Trade Support?

Being able to chat completely with your online broker is a key way of comparing online brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading online.

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

How Many Clients Do Pepperstone and First Trade Have?

Both Pepperstone and First Trade are well known and trusted. It is important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many clients they already work with.

Below you will find details of how many users Pepperstone and First Trade are working with

What Payment Methods Do Pepperstone and First Trade Accept?

Pepperstone and First Trade 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 First Trade

What Can You Trade With Pepperstone and First Trade?

Pepperstone offers 100 trading instruments and First Trade offers 101.

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