Pepperstone vs Grand Capital

Pepperstone or Grand Capital – which is better for UK traders 2024? Compare Pepperstone and Grand Capital in this detailed breakdown of their platforms, features and fees.

Pepperstone vs Grand Capital Comparison Table 2024
Pepperstone Grand Capital
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4.8
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3.9
Pepperstone is ranked #7 among CFD brokers. Grand Capital is ranked #4 among binary options brokers.
Review
Review
Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for traders at all levels. Grand Capital is a MetaTrader broker with welcome bonuses, trading competitions and an intuitive copy trading service. Several account types and 400+ assets provide trading opportunities for various types of investors and strategies. New users can also open an account and start trading in a matter of minutes.
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
Pros
  • Pepperstone boasts impressive execution speeds, averaging around 30ms, facilitating fast order processing and execution that’s ideal for trading.
  • There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.
  • Pepperstone emerges as a low-cost broker, especially for serious traders with spreads from 0.0 in the Razor account and rebates of 25%+ through the Active Trader program.
  • Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing.
  • Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.
  • Full range of investments including dedicated GC Option brand for binaries
  • Wide selection of payment methods and account currencies
  • Six accounts to suit different trading styles and strategies
  • Accessible minimum deposit starting from $10
  • Demo competitions with cash prizes
  • GC Invest platform for copy trading
  • Fast and easy account opening
  • Micro account for beginners
  • High leverage up to 1:500
Cons
  • There’s no simplified proprietary trading platform, nor are there any social trading features, which could be a disadvantage if you are new to trading.
  • Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
  • Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets.
  • Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.
  • Limited regulatory oversight
  • High spreads on some assets
  • Basic education and market research
Awards
  • Best Forex Broker - DayTrading.com 2024
  • Best Overall Broker - DayTrading.com 2023
  • Best Trading App - DayTrading.com 2022
  • Best Forex Broker - DayTrading.com 2021
  • Best MT4 Broker - Good Money Guide 2023
  • #1 Overall Client Satisfaction - UK Investment Trends 2022
  • #1 Value for Money - UK Investment Trends 2022
  • #1 Quality of Trade Execution - UK Investment Trends 2022
  • #1 Ease of Platform Navigation - UK Investment Trends 2022
  • #1 Charting - UK Investment Trends 2022
  • Best Forex Broker Overall - Compareforexbrokers.com 2022
  • Best MT4 Broker - Good Money Guide Best MT4 Broker 2022
  • Top 5 MetaTrader brokers - Broker Chooser Top 5 MetaTrader Brokers 2022
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, Indices, Shares, Energies, Metals, Cryptocurrencies, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB FinaCom
Mobile Apps
iOS & Android Yes
Trading App

Pepperstone excels for its excellent integration with the MT4, MT5, cTrader, and TradingView apps, making it a standout option for traders familiar with these leading third-party trading solutions. Despite the absence of a proprietary app, these platforms deliver a stable and reliable mobile trading experience, enhanced by Pepperstone’s almost unrivalled execution speeds and wide range of asset classes.
iOS App Rating
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4.4
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Android App Rating
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4.1
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
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
Yes No
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes Yes
Copy Trading Platform
Pepperstone facilitates the replication of experienced traders' strategies through MetaTrader Signals and DupliTrade. However, it lacks support for cTrader Copy and does not offer a proprietary social trading network similar to those found on platforms like eToro or Vantage, which foster lively social trading communities for aspiring traders. GC Invest allows clients to mirror the strategies of profitable traders with a $100 deposit. Commissions range from 0% to 70% and traders can track returns in real-time.
Social Trading
No Yes
Trade Signals
Yes (Via Chartist Software) Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No Yes
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
  • JPY
  • CHF
  • RUB
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
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Copper
  • Platinum
  • Palladium
  • Cocoa
  • Cotton
  • Coffee
  • Sugar
  • Orange Juice
  • Corn
  • Soybeans
  • Wheat
CFD
Pepperstone maintains its position as one of the fastest and most dependable CFD brokers during our latest round of testing. With execution speeds averaging around 30ms and an outstanding fill rate of 99.90%, the broker ensures a seamless trading experience without requotes or dealing desk interference. It also provides ample trading opportunities across over 1,300 assets. Trade 400+ CFDs on forex, stocks, commodities, indices and cryptocurrencies with the choice of commission-free or raw-spread accounts with transparent fees. Speculate on rising and falling prices with no hidden charges.
Leverage
1:30 (Retail), 1:500 (Pro) 1:500
FTSE Spread
1.0 From 1 pip (Standard)
GBPUSD Spread<
0.4 From 1 pip (Standard)
Oil Spread
2.5 From 1 pip (Standard)
Stocks Spread
0.02 From 1 pip (Standard)
Forex
Pepperstone offers ultra-competitive forex spreads averaging 0.12 pips on EUR/USD in the Razor account, accompanied by a diverse portfolio comprising 100+ currency pairs - an extensive selection surpassing most competitors. Additionally, Pepperstone distinguishes itself by offering three currency indices (USDX, EURX, JPYX), not commonly found among alternative platforms. Pepperstone has now won our annual 'Best Forex Broker' award twice. Trade 50+ forex pairs via the MetaTrader 4 and MetaTrader 5 platforms with leverage up to 1:500, immediate execution, deep liquidity and tight spreads.
Assets
100+ 50+
GBPUSD Spread
0.4 From 1 pip (Standard)
EURUSD Spread
0.1 From 1 pip (Standard)
EURGBP Spread
0.4 From 1 pip (Standard)
Currency Indices
  • USD
  • EUR
  • JPY
Cryptocurrency
Pepperstone continues to prove itself as one of the most trusted crypto brokers. Although its selection of digital tokens is average, you can trade popular cryptos like Bitcoin and altcoins like Ripple with up to 1:10 leverage, while its crypto indices provide a holistic view of the digital currency markets not found on most trading platforms. Trade 60+ cryptocurrencies in CFD pairs with USD, AUD, CHF, EUR, GBP and more, and access leverage up to 1:10. Crypto traders will pay a 0.5% commission.
Spread
BTC 30, ETH 0 From 0.4 pips
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • DASH
  • ADA
  • LINK
  • DOGE
  • EOS
  • DOT
  • XRP
  • XLM
  • XTZ
  • UNI
  • BNB
  • BTC
  • BCH
  • DSH
  • ETC
  • ETH
  • LTC
  • XMR
  • ZEC
  • BAT
  • EOS
  • IOT
  • NEO
  • OMG
  • BNB
  • XLM
  • TRX
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Trade high-low binary options contracts on currencies, metals and cryptos with high payouts. Binaries offer a straightforward bet on the short-term direction of an asset.
Payout
86%
Expiration Times
1 minute - 48 hours
Boundary Options
No No
Ladder Options
No No
Pepperstone Grand Capital
Review
Review
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
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