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Pepperstone vs AZAforex

Pepperstone or AZAforex – which is better for UK traders 2025? Compare Pepperstone and AZAforex in this detailed breakdown of their platforms, features and fees.

Pepperstone vs AZAforex Comparison Table 2025
Pepperstone	AZAforex

4.8	3.4
Pepperstone is ranked #1 among CFD brokers.	AZAforex is ranked #8 among binary options brokers.
Review	Review
Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.	Founded in 2016, AZAforex operates as an offshore broker enabling trading across more than 235 international financial markets. Traders can engage through binary options, with potential payouts reaching 90%. The broker offers three distinct accounts—Start, Pro, and VIP—each with exclusive features. All account types grant access to the Mobius Trader 7 platform, which has received performance enhancements over time.
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.1% of retail investor accounts lose money when trading CFDs.
Pros
Pepperstone offers rapid execution speeds of approximately 30ms, enabling swift order processing and execution, making it ideal for traders. Support for top-tier charting platforms such as MT4, MT5, TradingView, and cTrader. These tools accommodate different short-term trading methods, including algorithmic trading. In recent years, Pepperstone has significantly enhanced the deposit and withdrawal process. By 2025, clients can use Apple Pay and Google Pay, while 2024 saw the introduction of PIX and SPEI for customers in Brazil and Mexico. Pepperstone presents itself as an economical choice for traders, offering spreads as low as 0.0 in its Razor account. The Active Trader programme provides rebates up to 30% on indices and commodities, plus $3 per lot on forex. Over the years, Pepperstone has consistently garnered recognition from DayTrading.com’s annual awards. Recently, it was honoured as the 'Best Overall Broker' in 2025 and was the 'Best Forex Broker' runner-up the same year. The award-winning customer support can be accessed through phone, email, or live chat. During tests, response times have consistently been under 5 minutes. Pepperstone now offers spread betting via TradingView, delivering a streamlined and tax-efficient trading experience with sophisticated analytical tools.	AZAforex offers up to 1:1000 leverage, enabling traders to achieve higher potential returns with less capital. However, this increased leverage involves significant risk, making it appealing primarily to seasoned traders pursuing aggressive growth strategies. AZAforex offers an expanding range of payment options, such as bank transfers, credit and debit cards, e-wallets, and cryptocurrencies. This flexibility supports both funding and withdrawals, catering to traders of varying preferences and locations. While not many brokers include binary options in their offerings, AZAforex provides this service. This allows traders to predict short-term price changes with a predetermined risk-to-reward ratio, potentially earning up to 90%.
Cons
Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies. Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app. Despite broadening its market range, the crypto options remain limited compared to brokers like eToro, and there is no facility for investing in actual coins.	AZAforex remains unregulated by any recognised financial authority, sparking concerns about transparency, fund security, and accountability. In cases of dispute, you might lack any recourse, making it a riskier option compared to regulated brokers. AZAforex provides simple trading guides and a blog but misses out on key educational resources like video tutorials, webinars, and interactive tools. Beginners seeking thorough learning support may find it unappealing. Furthermore, much of the content is outdated. During testing, the proprietary Mobius Trader 7 platform functioned well. However, it is not broadly adopted by brokers, posing risks of price manipulation or market data discrepancies. Unlike MetaTrader or cTrader, it lacks external verification.
Awards
Best Overall Broker - DayTrading.com 2025 Best Forex Broker Runner Up - DayTrading.com 2025 Best Trading App Runner Up - DayTrading.com 2025 Best MT4/MT5 Broker Runner Up - DayTrading.com 2025 Best TradingView Broker Runner Up - DayTrading.com 2025 Best Forex Broker - DayTrading.com 2024 Best Overall Broker - DayTrading.com 2023 Best Trading App - DayTrading.com 2022 Best Forex Broker - DayTrading.com 2021
FCA Regulated
Yes	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting	CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options
Demo Account
Yes	Yes
Minimum Deposit
$0	$1
Payment Methods
Apple Pay Credit Cards Debit Card Google Pay Mastercard Neteller PayPal Skrill Visa Wire Transfer	ADVcash Credit Cards Debit Card Maestro Mastercard Neteller Perfect Money Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.0001 Lots
Regulator
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB	GLOFSA
Mobile Apps
iOS & Android	iOS & Android
Trading App
Pepperstone shines with top-tier integration with MT4, MT5, cTrader, and TradingView, ideal for traders using these major platforms. They offer stable mobile trading, boosted by Pepperstone's rapid execution speeds and extensive asset variety. It recently achieved second place in DayTrading.com's 2025 'Best Trading App' award.	AZAforex provides a mobile version of its Mobius 7 trading platform. It retains many features such as dynamic charts, trade management, and integrated news. According to users, the iOS version outperforms the Android one.
iOS App Rating
4.4	5
Android App Rating
4.1	2.9
Margin Trading
Yes	Yes
MetaTrader 4
Yes	No
MetaTrader 5
Yes	No
cTrader
Yes	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Pepperstone offers the replication of skilled traders' strategies via MetaTrader Signals, DupliTrade, and its new proprietary copy trading app, in collaboration with Pelican Trading. This service, available in select regions, grants access to numerous experienced traders and customized risk settings. However, it does not support cTrader Copy, which might discourage traders who prefer Spotware's platform.
Social Trading
No	No
Trade Signals
Yes (Via Chartist Software)
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD JPY CHF HKD SGD	USD EUR GBP CAD AUD NZD JPY MYR IDR CHF RUB THB VND UAH CNY
Commodities
Gold Silver Oil Corn Palladium Precious Metals Platinum Copper Gasoline Cocoa Coffee Cotton Livestock Sugar Wheat Natural Gas Soybeans Orange Juice Aluminium Nickel Zinc	Oil Silver Cocoa Coffee Cotton Copper Natural Gas Soybeans Sugar Wheat Gold
CFD
In our recent assessment, Pepperstone remains a top-tier CFD broker, renowned for its speed and reliability. With execution times averaging 30ms and a remarkable 99.90% fill rate, traders benefit from a smooth experience free from requotes and dealing desk disruptions. Additionally, it offers extensive opportunities with access to more than 1,300 assets.	Trade over 200 CFDs with leverage up to 1:1000 on an easy-to-use proprietary platform. Available assets include stocks, forex, and cryptocurrencies, featuring ECN execution. However, market analysis is not consistently offered to guide trading decisions.
Leverage
1:30 (Retail), 1:500 (Pro)	1:1000
FTSE Spread
1.0	Variable
GBPUSD Spread<
0.4	Variable
Oil Spread
2.5	Variable
Stocks Spread
0.02	Variable
Forex
Pepperstone provides forex spreads on the EUR/USD averaging just 0.12 pips with their Razor account. This is highly competitive. Their extensive portfolio includes over 100 currency pairs, which exceeds what most rivals offer. Furthermore, Pepperstone stands out by offering three unique currency indices: USDX, EURX, and JPYX, which are rare on other platforms. They have been recognised with our 'Best Forex Broker' award twice.	Engage in the trading of approximately 50 major, minor, and exotic currency pairs with ECN pricing tailored for active traders. Alternatively, opt for fixed spreads without dealing desk intervention, requiring a minimal initial deposit of just $1.
Assets
100+	50+
GBPUSD Spread
0.4	Variable
EURUSD Spread
0.1	Variable
EURGBP Spread
0.4	Variable
Currency Indices
USD EUR JPY
Cryptocurrency
Pepperstone remains a highly reputable crypto broker. Despite an average range of digital currencies, traders can access popular options like Bitcoin and altcoins such as Ripple with leverage up to 1:10. Its crypto indices offer comprehensive insights into digital currency markets, a feature unmatched by many other platforms.	AZAforex has reduced its range of cryptocurrencies, now focusing on key tokens such as Bitcoin and Ethereum. Despite this, it excels in crypto funding options and offers a 25% crypto bonus, creating an appealing environment for digital currency trading.
Spread
BTC 30, ETH 0	Variable
Coins
BCH BTC ETH LTC DASH ADA LINK DOGE EOS DOT XRP XLM XTZ UNI BNB	BTC BCH DASH ETH LTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
	AZAforex provides trading in binary options, featuring time-sensitive payouts that range from 30 seconds to 24 hours. More than 50 options are available, requiring a minimum investment of just $1, with potential returns of up to 90%.
Payout
	90%
Expiration Times
	30 seconds - 1 day
Boundary Options
No	No
Ladder Options
No	No

Pepperstone	AZAforex
Review	Review
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.1% of retail investor accounts lose money when trading CFDs.
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