Pepperstone vs Oanda

Pepperstone or Oanda – which is better for UK traders 2022? Compare Pepperstone and Oanda in this detailed breakdown of their platforms, features and fees.

Pepperstone vs Oanda Comparison Table 2022
Pepperstone Oanda
Pepperstone offers spread betting andCFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms. Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.
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.
FCA Regulated
✓ Yes ✓ Yes
Awards
  • Best Forex Broker 2021 - DayTrading.com
Instruments
CFD, Forex, Indices, Crypto, Futures, Spread betting Spreadbetting, CFD, Forex
Bonus Offer
None None
Demo Account
✓ Yes ✓ Yes
Minimum Deposit
£200 / $200 $0
Payment Methods
Apple Pay, Credit Card, Debit Card, Mastercard, POLi, QIWI, UnionPay, Visa BPAY, Swift, Wire Transfer
Minimum Trade
0.01 Lots $0
Regulator
FCA, ASIC, SCB, DFSA, CMA, BaFin FCA, CFTC, ASIC
MetaTrader 4
✓ Yes ✓ Yes
MetaTrader 5
✓ Yes ✗ No
cTrader
✓ Yes ✗ No
DMA Account
✗ No ✗ No
ECN Account
✓ Yes ✗ No
Mobile Apps
iOS, Android and Windows iOS, Android and Windows
Auto Trading
✓ Yes ✗ No
Trade Signals
Yes (Via Chartist Software) ✗ No
Social Trading
✗ No ✗ No
Copy Trading
✓ Yes ✗ No
Islamic Account
✗ No ✗ No
CFD
Leverage
1:30 1:30 (EU) Variable
FTSE Spread
1 pt Variable
GBPUSD Spread
0.38 pips (Via Razor) Variable
Oil Spread
0.7 pips Variable
Stocks Spread
DAX (0.9 pts in main trading session), DOW (1.6 pts in main trading session) Stocks not offered
Forex
Pepperstone offers spreads from 0.0 pips on the Razor account and have almost 61+ pairs available to trade. Lots start at 0.01.
GBPUSD Spread
0.38 pips (Via Razor) 1.6 pips (var)
EURUSD Spread
0.09 pips (Via Razor) 1.1 pips (var)
EURGBP Spread
0.49 pips (Via Razor) 1.3 pips (var)
Assets
180 70+
Forex App

Pepperstone deliver their MetaTrader4 and 5 platform across both android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the Pepperstone mobile app is a powerful addition.

Pepperstone Oanda
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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