Pepperstone vs Plus500
Pepperstone or Plus500 – which is better for UK traders 2026? Compare Pepperstone and Plus500 in this detailed breakdown of their platforms, features and fees.
| Pepperstone | Plus500 |
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| Pepperstone is ranked #1 among CFD brokers. | Plus500 is ranked #10 among CFD brokers. |
| Founded in Australia in 2010, Pepperstone is a highly esteemed forex and CFD broker with more than 830,000 clients globally. It provides access to 1,400+ instruments via platforms like MT4, MT5, cTrader, and TradingView, with competitive and clear fees. Regulated by reputable bodies such as the FCA, ASIC, and CySEC, it guarantees a safe trading environment for all traders. | Founded in 2008 and based in Israel, Plus500 is a leading brokerage with over 25 million registered traders across more than 50 countries. It focuses on CFD trading, offering a user-friendly proprietary platform and mobile app. The company provides competitive spreads and does not impose commissions or charges for deposits or withdrawals. Plus500 stands out as a highly trusted broker, licensed by respected authorities such as the FCA, ASIC, and CySEC. |
| CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% of retail investor accounts lose money when trading CFDs. | 80% of retail CFD accounts lose money. |
| Pros | |
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| Awards | |
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| FCA Regulated | |
| Yes | Yes |
| Instruments | |
| CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | Variable |
| Regulator | |
| FCA, ASIC, CySEC, BaFin, DFSA, SCA, CMA, SCB | FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI |
| Mobile Apps | |
| iOS & Android | iOS, Android & Windows |
| 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. | Plus500 have tailored their mobile apps to align with the WebTrader online platform. The app is secure, dependable, and ranks highly. Stop loss, limits, free alerts, and a comprehensive range of markets and instruments are provided. Access the download page here. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 2.5% | |
| 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 | |
| Yes | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | No |
| 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 | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | Yes |
| Inactivity Fee | |
| $0 | $10 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| 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. | Plus500 offers commission-free CFDs across various markets, including currencies, stocks, indices, and commodities. Traders can take long or short positions on popular assets, enjoying flexible leverage with no hidden charges. |
| Leverage | |
| 1:30 (Retail), 1:500 (Pro) | Yes |
| FTSE Spread | |
| 1.0 | Dynamic |
| GBPUSD Spread< | |
| 0.4 | Dynamic |
| Oil Spread | |
| 2.5 | Dynamic |
| Stocks Spread | |
| 0.02 | Dynamic |
| 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. | Plus500 offers CFD trading in forex, with tight spreads across over 60 currency pairs. Testing showed spreads as low as 0.6 pips on the EUR/USD, lower than many competitors. |
| Assets | |
| 100+ | 60+ |
| GBPUSD Spread | |
| 0.4 | Dynamic |
| EURUSD Spread | |
| 0.1 | Dynamic |
| EURGBP Spread | |
| 0.4 | Dynamic |
| Currency Indices | |
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| 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. | |
| Spread | |
| BTC 30, ETH 0 | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Pepperstone | Plus500 |
| CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% of retail investor accounts lose money when trading CFDs. | 80% of retail CFD accounts lose money. |
| More Comparisons | |
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Pepperstone vs |
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