Videforex vs Pepperstone
Videforex or Pepperstone – which is better for UK traders 2024? Compare Videforex and Pepperstone in this detailed breakdown of their platforms, features and fees.
Videforex | Pepperstone |
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Videforex is ranked #6 among binary options brokers. | Pepperstone is ranked #7 among CFD brokers. |
Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills. | 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. |
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 | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | Yes |
Instruments | |
Binary Options, CFDs, Forex, Indices, Commodities, Crypto | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto(only Pro clients), Spread Betting |
Bonus | |
20% to 200% Deposit Bonus | |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$250 | $0 |
Payment Methods | |
Minimum Trade | |
$0.01 | 0.01 Lots |
Regulator | |
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB | |
Mobile Apps | |
Android | iOS & Android |
Trading App | |
Videforex stands out with its comprehensive and user-friendly mobile trading solution, offering short-term binaries across a wide range of assets. The web-accessible application is fast, intuitive, and perfect for beginners, complete with a helpful guide upon first use. Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience. |
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 | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | Yes |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | Yes |
Autochartist | |
No | Yes |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | Yes |
ECN Account | |
No | Yes |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
No | Yes |
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 | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Yes | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Videforex offers an integrated copy trading service where users can automatically or manually replicate the positions of other traders. Simply choose a trader and asset class and specify the investment amount. | 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. |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | Yes (Via Chartist Software) |
VPS Hosting | |
No | Yes |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
Inactivity Fee | |
$10 | $0 |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades. | 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. |
Leverage | |
1:500 | 1:30 (Retail), 1:500 (Pro) |
FTSE Spread | |
Floating from 0.2 | 1.0 |
GBPUSD Spread< | |
Floating from 0.1 | 0.4 |
Oil Spread | |
Floating from 0.05 | 2.5 |
Stocks Spread | |
NA | 0.02 |
Forex | |
Trade 35 major, minor and exotic forex pairs through CFDs with floating spreads from 0.1 pips. Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout. | 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. |
Assets | |
35 | 100+ |
GBPUSD Spread | |
Floating from 0.1 pips | 0.4 |
EURUSD Spread | |
Floating from 0.1 pips | 0.1 |
EURGBP Spread | |
Floating from 0.1 pips | 0.4 |
Currency Indices | |
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Cryptocurrency | |
Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available. | 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. |
Spread | |
Floating | BTC 30, ETH 0 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Videforex continues to offer binary options with 20% payouts on crypto and up to 98% on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. New users will appreciate the welcome deposit bonus. | |
Payout | |
98% | |
Expiration Times | |
5 seconds - 1 month | |
Boundary Options | |
No | No |
Ladder Options | |
No | No |
Videforex | Pepperstone |
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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