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Pepperstone vs Nexo

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

Pepperstone vs Nexo Comparison Table 2025
Pepperstone	Nexo

4.8	3.9
Pepperstone is ranked #1 among CFD brokers.	Nexo is ranked #28 among crypto 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.	Nexo, a centralised cryptocurrency exchange established in Bulgaria in 2018, now operates from Switzerland in approximately 200 regions. Its offerings include spot and futures trading, peer-to-peer lending, cold wallet storage, and fiat on-ramps for purchasing crypto tokens. Nexo is registered with respected financial bodies like the ASIC. Additionally, it provides unique services, such as a credit card.
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.	A well-regarded crypto exchange, established in 2018, has initiated steps towards regulatory compliance. Nexo Pro is an intuitive platform tailored for traders, offering robust charting tools that enhance strategic trading. The trading platform features essential tools such as asset-specific newsfeeds and social media analysis. Traders can utilise perpetual futures to take long or short positions on crypto assets, thereby enhancing strategic opportunities. Nexo's platform facilitates cryptocurrency lending and borrowing through its staking and credit features, offering traders some of the most competitive yields in the market. Traders receive bonuses and incentives, such as complimentary trading funds given to lenders and cashback through the exchange's native Nexo token.
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.	While Nexo is registered with certain reputable regulators, trading with it carries more risk compared to established crypto brokers such as AvaTrade and Vantage. High deposit and withdrawal fees for cards and e-wallets may deter many traders from using these convenient payment methods. Limited educational resources diminish its attraction for newcomers, who may discover more valuable materials with leading platforms such as eToro. Elevated maker/taker fees result in traders incurring higher costs for trading derivatives compared to competing exchanges such as Binance. The selection of tokens is broad relative to many crypto brokers, yet it remains limited when compared to similar crypto exchanges such as Kraken.
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	Best Cryptocurrency Wallet – FinTech Breakthrough Awards, 2023 Best Use of Crypto and/or Blockchain in Financial Services – PAY360 Awards, 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	Cryptos
Demo Account
Yes	No
Minimum Deposit
$0	$10
Payment Methods
Apple Pay Credit Cards Debit Card Google Pay Mastercard Neteller PayPal Skrill Visa Wire Transfer	Apple Pay Credit Cards Debit Card Google Pay Wire Transfer
Minimum Trade
0.01 Lots	$30
Regulator
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
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.
iOS App Rating
4.4	3.8
Android App Rating
4.1	4
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	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
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
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	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD NZD JPY CHF HKD SGD	USD EUR GBP
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
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.
Leverage
1:30 (Retail), 1:500 (Pro)
FTSE Spread
1.0
GBPUSD Spread<
0.4
Oil Spread
2.5
Stocks Spread
0.02
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.
Assets
100+
GBPUSD Spread
0.4
EURUSD Spread
0.1
EURGBP Spread
0.4
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.	Nexo provides trading services for approximately 70 tokens, including Bitcoin. Users can buy, sell, and exchange digital assets directly on the platform, with access to over 500 trading pairs. Additionally, these assets can serve as collateral for fiat loans or generate passive income through the ‘smart staking’ option and interest from peer-to-peer loans.
Spread
BTC 30, ETH 0	N/A
Coins
BCH BTC ETH LTC DASH ADA LINK DOGE EOS DOT XRP XLM XTZ UNI BNB	BTC ETH NEXO USDT USDC AXS RUNE MATIC DOT APE AVAX KSM ATOM FTM NEAR BNB ADA SOL XRP LTC LINK BCH TRX XLM EOS PAXG UNI DOGE MANA SAND GALA SUSHI AAVE CRV MKR 1INCH DAI USDP TUSD
Crypto Lending
No	Yes
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

Pepperstone	Nexo
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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