Pepperstone vs BDSwiss - Fees Review included
Which broker is better Pepperstone or BDSwiss? Our expert assessment conducted according to TU’s own methodology showed that Pepperstone is one of the top brokers in the financial market with the TU Overall Score of 7.17 out of 10. BDSwiss is one of the top brokers in the financial market with the TU Overall Score of 6.36 out of 10. Find out more about TU Overall Score.
| Feature | Pepperstone | BDSwiss |
|---|---|---|
Overall |
4.4 |
3.9 |
4.7 |
4.8 |
|
4.7 |
3.7 |
|
4.4 |
3.6 |
|
Investment Instruments |
4.4 |
1 |
Platforms and Charting Tools |
4.8 |
4.5 |
Deposit and Withdrawal |
4.5 |
3.9 |
Research |
3.9 |
3.7 |
Education |
4.1 |
4.2 |
Support |
4.3 |
4.1 |
Bonuses |
3.2 |
1 |
|
|
|
Pepperstone vs BDSwiss: Pros and Cons
Pepperstone (Pepperstone.com) was founded in 2010 in Melbourne, Australia, by professional traders who were not satisfied with the quality of services provided by most brokers. The founders decided to avoid many of the disadvantages of competitors, including high commissions, delayed execution of orders, etc. They also focused on improving the technical component. The company has set itself the goal of changing the “rules of the game” and setting the bar high for online trading. Today, the broker provides clients all over the world with some of the best technological solutions and favorable trading conditions. The company also provides professional tools that help not only master trading as a type of activity, but also significantly increase the efficiency of trades. Pepperstone is regulated by ASIC (Australian Securities and Investments Commission), FCA (UK Financial Conduct Authority), BaFin, DFSA, CMA, SCB, CySec. Clients' assets are held in aggregated accounts with major banks. These facts confirm the reliability of the company and guarantee the safety of the client's capital.
The BDSwiss brokerage company has provided financial services in the Forex market since 2012. The broker is keen to cooperate with traders worldwide. Therefore its activities are regulated by authorities in several countries such as: the Cyprus Securities and Exchange Commission (CySEC); the German Federal Financial Supervisory Authority (BaFin); the UK Financial Conduct Authority (FCA); and the US National Futures Association (NFA).
| Pepperstone | BDSwiss | |
|---|---|---|
| Overall Pros | Fast order execution - 30 ms on average | A vast array of trading assets. |
| Low trading fees | A wide range of deposit and withdrawal methods. | |
| Strong luqidity | Withdrawal fees are paid by the company. | |
| Advanced ECN account | The broker periodically conducts online lectures for its clients. | |
| Access to TradingView's advanced charting tools | ||
| Strong regulation | ||
| Overall Cons | The company offer Crypto CFDs outside Africa and UK | Lack of investment programs and trading bonuses. |
| The broker charges a fee for inactivity on the account. | ||
| Support is unavailable on weekends. |
Pepperstone vs BDSwiss: Safety and Regulation
| Pepperstone | BDSwiss | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-2 |
Investor protection |
£85,000 €20,000 €100,000 (DE) |
No |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
Yes |
No |
ASIC (Australia) |
Yes |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
Yes |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
Yes |
Pepperstone vs BDSwiss: Trading Conditions
| Trading Conditions | Pepperstone | BDSwiss |
|---|---|---|
Minimum Deposit |
$0 |
$100 |
Trading Platforms |
MT4, MobileTrading, WebTrader, cTrader, TradingView |
MetaTrader 4, MetaTrader 5, BDSwiss Webtrader, and BDSwiss mobile apps for iOS and Android |
Max Leverage (Futures) |
1-500 |
1:500 for Forex accounts and 1:5 for investment accounts |
Supported Markets |
Forex, CFDs on Stocks, Commodities, Metals and ETFs, Shares, Crypto |
Currency pairs, CFDs, indices, stocks, commodities, cryptocurrencies, and ETFs |
Trading assets |
1200+ |
250+ |
Trading Accounts |
Razor, Standard |
Classic, VIP, Raw, InvestPLUS |
Base Account Currencies |
AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD |
EUR, USD, GBP |
Pepperstone vs BDSwiss: Fees
| Pepperstone | BDSwiss | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
0,8 |
Standard acc. spread EUR/USD, max pips |
1,5 |
1,1 |
ECN Commission |
3 |
3 |
ECN Spread EUR/USD |
0,1 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
No |
30 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Pepperstone vs BDSwiss: Trading Assets
| Asset Name | Pepperstone | BDSwiss |
|---|---|---|
Overall |
1200+ |
250+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes |
Cryptocurrencies |
No |
Yes (CFD) |
Energy |
Yes (CFD) |
No |
Indices |
Yes (CFD) |
Yes |
ETFs |
Yes (CFD) |
Yes |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Pepperstone or BDSwiss: Investment Programs
| Asset Name | Pepperstone | BDSwiss |
|---|---|---|
Copy Trading |
Yes |
No |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: BDSwiss or Pepperstone
| Pepperstone | BDSwiss | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
Yes |
No |
Appropriate platform |
No |
No |
Others |
TradingView |
No |
|
|
|
Pepperstone vs BDSwiss: Deposit and Withdrawal Methods
| Pepperstone | BDSwiss | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
No |
No |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
Pepperstone vs BDSwiss: Research
| Research Type | Pepperstone | BDSwiss |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
Yes |
No |
Pepperstone vs BDSwiss: Education
| Education Type | Pepperstone | BDSwiss |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
No |
Videos |
Yes |
Yes |
Cent account |
No |
No |
BDSwiss vs Pepperstone: Support
| Support Features | Pepperstone | BDSwiss |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Pepperstone vs BDSwiss: Forex Bonuses and Promo
| Promo | Pepperstone | BDSwiss |
|---|---|---|
Forex Bonus |
No |
No |
Affiliate Program |
For each attracted client under the terms of the program, the affiliate has the opportunity to receive up to USD 400 |
Each member of the referral program receives an individual link and can receive 150 EUR for each active trader. The maximum amount of total payments is 1500 EUR. |
Other Promos |
Active trader program - Members of the program are paid a daily rebate, which allows them to offset part of their costs. The amount of the rebate depends on the number of trades performed by the trader per month. The rebate for one currency lot is 15%. What’s more, active traders get priority support and free VPS hosting. |
|
|
|
|
Top 5 Reviews on BDSwiss
-
Comment
I like that BD Swiss has the ability to trade from both PCs and mobile devices. This makes trading convenient and flexible, allowing you to follow the markets and make trades anytime and anywhere. However, I'm not thrilled with the fact that the broker charges a fee for no activity on the account. This can be an unpleasant surprise for those who don't trade regularly.
-
Comment
I have been trading with BDSwiss for almost a year now and during this time I have only positive impressions. The fast and convenient trading terminal makes it easy to navigate and make transactions promptly. The platform is intuitive and functional, which makes the trading process comfortable and efficient. The company's employees are always polite and ready to help. Any questions are solved promptly and professionally. It is especially pleasant that withdrawals are fast and without delays, which inspires confidence and allows you not to worry about the safety of your funds. BDSwiss is a really convenient company for trading with no problems. I have not had a single negative situation during a year of working with them. I recommend BDSwiss to everyone who is looking for a reliable broker with excellent conditions and high level of service.
-
Comment
BDSwiss is a normal company, nothing supernatural. Execution is pleasing, money is deposited and withdrawn without problems. I recommend BDSwiss.
-
Comment
I have been trading with BDSwiss for more than 4 years. It is possible to work with BDSwiss, but there are also some disadvantages. Orders sometimes slip when there is a strong movement, but this is not very scary. Jumping spreads during news are much more annoying. Therefore, it becomes difficult to trade on news. It’s good to work with BDSwiss in long and medium positions.
-
Comment
BD Swiss is a reliable company, and I'm not just saying that. The company is reputable and large. I've been working here for 2 years now. I like the choice of trading instruments and fast order execution - everything is there to make money.
Top 5 Reviews on Pepperstone
-
Comment
I found the broker Pepperstone while looking for a company with no deposit or withdrawal fees — I’ve never had to pay extra, as the broker covers all the charges. I was impressed by the selection — over 1,200 instruments, including rare currency pairs, commodity indices, and cryptocurrencies. I often trade on news releases, and the execution speed (as fast as 30 ms) is just amazing! In three months, I earned nearly $1,000, especially from trading oil and gold.
-
Comment
Pepperstone caught my attention with its range of platforms: MetaTrader 4/5, cTrader, and even TradingView! The minimum order size is 0.01 lots, which makes it convenient to test strategies with minimal risk. I deposited and withdrew funds via PayPal and bank card — both options were fast, with funds arriving within 1–2 hours. In one month, I made $600 trading CFDs on stocks and commodities. Bonuses and promos are rare, but the trading conditions more than make up for it.
-
Comment
I started working with Pepperstone on the recommendation of a friend who has been in the market for several years. I was pleasantly surprised that spreads start from 0.0 pips and there are over 1,200 trading instruments to choose from! I opened my account in EUR, although other currencies are available, including SGD and HKD. I trade through MetaTrader 5, and for experimentation, I connected cTrader — it’s convenient to switch between platforms. I managed to earn +$400 on cryptocurrencies during the first week, especially on ETH’s rise. Throughout my time trading, I haven’t encountered any requotes.
-
Comment
I chose Pepperstone because of its zero minimum deposit — a rarity among major brokers. I appreciated that the platform is regulated by several reputable authorities: ASIC, FCA, BaFIN, and others. Over three months of trading with 1:400 leverage, I managed to grow my deposit by $750 using scalping on currency pairs and indices. Order execution is nearly instant — averaging 30 ms, and the difference is noticeable compared to other brokers. I withdraw profits to my card without delays and with no fees.
-
Comment
Pepperstone offers a combination of transparent trading conditions, fast order execution, and a wide range of instruments. Over the years, the broker has proven to be a reliable partner: its registration with ASIC, FCA, CySEC, and other regulators reflects the trust placed in the company. A $0 minimum deposit makes it accessible for beginners. A nice bonus is support for over 30 languages and 24/5 customer service. Thanks to its variety of account types, negative balance protection, and passive income opportunities through copy trading, Pepperstone has become my go-to choice for long-term trading.
- Quotex vs Pepperstone
- Webull vs Pepperstone
- Deriv vs Pepperstone
- Pepperstone vs Trade Nation
- Pepperstone vs OspreyFХ
- Pepperstone vs Eightcap
- Pepperstone vs AMP Global
- Pepperstone vs NinjaTrader
- Pepperstone vs Vantage
- Pepperstone vs BlackBull Markets
- Pepperstone vs SimpleFX
- Pepperstone vs Tradeview
- Pepperstone vs Trading 212
- Pepperstone vs XBTFX
- Pepperstone vs IronFX
- Pepperstone vs FXOpen
- Pepperstone vs MultiBank
- Pepperstone vs City Index
- Pepperstone vs Swissquote
- Pepperstone vs IG
- Pepperstone vs Saxo Bank
- Pepperstone vs Dukascopy
- Pepperstone vs LiteForex
- Pepperstone vs WelTrade
- Pepperstone vs eToro
- Pepperstone vs CMC Markets
- Pepperstone vs FP Markets
- Pepperstone vs OctaFX
- Pepperstone vs HotForex
- Pepperstone vs FBS
- Pepperstone vs Fusion Markets
- Pepperstone vs XTB
- Pepperstone vs Plus500
- Pepperstone vs Interactive Brokers
- Pepperstone vs AvaTrade
- Pepperstone vs Forex.com
- Pepperstone vs Libertex
- Pepperstone vs XM
- Pepperstone vs InstaForex
- Pepperstone vs RoboForex
- Capital.com vs Pepperstone
- Exness vs Pepperstone
- Oanda vs Pepperstone
- FxPro vs Pepperstone
- Admiral Markets vs Pepperstone
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.