Pepperstone vs Libertex - Fees Review included
Which broker is better Pepperstone or Libertex? 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. Libertex is one of the top brokers in the financial market with the TU Overall Score of 7.16 out of 10. Find out more about TU Overall Score.
| Feature | Pepperstone | Libertex |
|---|---|---|
Overall |
4.4 |
4.5 |
4.7 |
4.4 |
|
4.7 |
4.6 |
|
4.4 |
4.3 |
|
Investment Instruments |
4.4 |
3.7 |
Platforms and Charting Tools |
4.8 |
5 |
Deposit and Withdrawal |
4.5 |
4.8 |
Research |
3.9 |
4.6 |
Education |
4.1 |
4.7 |
Support |
4.3 |
4.6 |
Bonuses |
3.2 |
4.7 |
|
|
|
Pepperstone vs Libertex: 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.
Libertex is a trading and investment software from Indication Investments Ltd, which appeared in the market back in 1997. Libertex Group was established in 1997, has over 2.9 clients, over 700 employees. The broker was awarded the Best Trading Platform at the recent Forex Awards. One of the advantages and distinguishing features of the broker is the current trading web-platform. It is characterized by a convenient interface, high information content, as well as high-quality technical equipment. All these components allow you to work with the terminal. The reliability indicator is the fact that the founders of the platform have been in the field of online trading and financial services provider for more than 20 years. Within this time they have built their reputation as an honest broker. Libertex has received 40 international awards from financial magazines and organizations for the quality of customer service and innovative technical solutions.
| Pepperstone | Libertex | |
|---|---|---|
| Overall Pros | Fast order execution - 30 ms on average | Trading ideas and trading signals, Hot assets section |
| Low trading fees | Free crypto trading | |
| Strong luqidity | Advanced charting tools | |
| Advanced ECN account | 100% welcome bonus | |
| Access to TradingView's advanced charting tools | Advanced filters | |
| Strong regulation | CySec Regulation | |
| Long-term investmetn portfolio with zero fees | ||
| Strong research team | ||
| Overall Cons | The company offer Crypto CFDs outside Africa and UK | Limited number of supported assets |
| Unclear fee structure |
Pepperstone vs Libertex: Safety and Regulation
| Pepperstone | Libertex | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Not regulated |
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 |
No |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
No |
Pepperstone vs Libertex: Trading Conditions
| Trading Conditions | Pepperstone | Libertex |
|---|---|---|
Minimum Deposit |
$0 |
100 |
Trading Platforms |
MT4, MobileTrading, WebTrader, cTrader, TradingView |
МТ4, MT5, Libertex |
Max Leverage (Futures) |
1-500 |
1:30 for retails |
Supported Markets |
Forex, CFDs on Stocks, Commodities, Metals and ETFs, Shares, Crypto |
Forex, CFDs on indices, stocks, ETFs, commodities, crypto, metals |
Trading assets |
1200+ |
250+ |
Trading Accounts |
Razor, Standard |
Libertex CFD, Libertex Portfolio |
Base Account Currencies |
AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD |
EUR, GBP, PLN, CFH |
Pepperstone vs Libertex: Fees
| Pepperstone | Libertex | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
0,3 |
Standard acc. spread EUR/USD, max pips |
1,5 |
0,7 |
ECN Commission |
3 |
4 |
ECN Spread EUR/USD |
0,1 |
0,15 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
0-1 |
Withdrawal fee, USD |
No |
1 |
Inactivity fee, $ |
No |
10 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Pepperstone vs Libertex: Trading Assets
| Asset Name | Pepperstone | Libertex |
|---|---|---|
Overall |
1200+ |
250+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
No |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Pepperstone or Libertex: Investment Programs
| Asset Name | Pepperstone | Libertex |
|---|---|---|
Copy Trading |
Yes |
No |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
Yes |
Other |
No |
No |
Trading Platforms: Libertex or Pepperstone
| Pepperstone | Libertex | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
Yes |
No |
Appropriate platform |
No |
Libertex |
Others |
TradingView |
No |
|
|
|
Pepperstone vs Libertex: Deposit and Withdrawal Methods
| Pepperstone | Libertex | |
|---|---|---|
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 Libertex: Research
| Research Type | Pepperstone | Libertex |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
Pepperstone vs Libertex: Education
| Education Type | Pepperstone | Libertex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
Libertex vs Pepperstone: Support
| Support Features | Pepperstone | Libertex |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Pepperstone vs Libertex: Forex Bonuses and Promo
| Promo | Pepperstone | Libertex |
|---|---|---|
Forex Bonus |
No |
100% welcome bonus |
Affiliate Program |
For each attracted client under the terms of the program, the affiliate has the opportunity to receive up to USD 400 |
Up to 50% of referrals spread |
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 Libertex
-
Comment
When I first started trading on Forex, I already heard about Libertex as a reliable company. I decided to try and for 6 years of cooperation I was not disappointed. One of the main advantages is the author's platform, where the transaction parameters are calculated using a multiplier. In addition, instead of spreads, a fixed commission is set, which allows you to significantly reduce costs. The disadvantage of such a commission system is that you still have to pay interest on losing trades. I am not new to trading, but I constantly visit the training section, where experienced traders share the secrets of success. I want to try to work with cryptocurrency somehow, because the broker provides such an opportunity.
-
Comment
The speed of the Libertex platform is close to perfect. I regret that I did not start working with it from the beginning, I lost time. The only inconvenience is that there are no spreads here, and the commission is not always calculated clearly. Therefore, the projected income is often past the real one.
-
Comment
I had a bad experience with 2 dishonest brokers, so now Libertex seemed like a fairy tale to me! Conditions are excellent, execution is instant. I checked the withdrawal and it works. You can make money with this company, and even make good money.
-
Comment
Libertex consistently pays money, and that's a fact! For me, this is the main point in the question of whether it is worth further cooperating with the company. Therefore, I’ve been with Libertex for almost a year now. At the moment, I have no complaints about the company. Everything is calm and clear, and this is very important!
-
Comment
I've been trading with Libertex for six months. In general, trading here is quite comfortable. Conditions are the very thing I need. The trade execution quality is good. The withdrawal of the money earned is made within the time frame specified in the regulations. There is nothing to complain about!
Top 5 Reviews on Pepperstone
-
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.
-
Comment
Pepperstone stands out with a free 60-day demo account and two types of live accounts: Razor and Standard. The absence of a minimum deposit, a wide range of base currencies (9 options), and support for 16 trading platforms are definite advantages. Thanks to its partnership programs, the broker is appealing not only to traders but also to those building their own communities — with three partnership models, including one for fund managers. Order execution averages 30 ms, making it suitable for all strategies, including manual and automated trading.
-
Comment
I opened a Razor account with Pepperstone — the actual commission is low, and spreads start from zero. Trading CFDs on cryptocurrencies, commodities, and indices is a big plus. The minimum trade size is 0.01 lots, which is convenient for testing new strategies. I was pleased with the instant withdrawals via Visa, Mastercard, PayPal, Neteller, Skrill, and other popular systems. The platform allows flexible risk management with Margin Call/Stop Out levels at 90%/20%. Additionally, the broker partners with Barclays and HSBC as liquidity providers, which adds to its reliability.
-
Comment
I have been trading with Pepperstone for over a year and especially appreciate their execution speed — 99.35% of orders are filled in less than 1 second. As an active trader, the availability of MetaTrader 4/5, cTrader, and TradingView is important to me, as well as the absence of requotes. Customer support is available 24/7, and all my issues were resolved promptly. I was pleasantly surprised by the affiliate program — you can earn up to $750 per referred client, and the broker also pays up to 55% under the agency scheme. Thanks to instant execution and spreads starting from 0.0 points, Pepperstone is excellent for news trading.
-
Comment
I chose Pepperstone because of its transparent trading conditions and a minimum deposit of $0. The platform offers over 1,200 trading instruments, including currencies, stocks, indices, and commodities. Leverage up to 400:1 for retail clients and 500:1 for professionals provides plenty of room for different strategies. Spreads start from 0.0 points — a real advantage for scalpers. Order execution takes place within 30 ms, confirmed both in demo mode and on live accounts. Deposits and withdrawals are commission-free, there is a wide range of account currencies (AUD, USD, EUR, JPY, and others), and all funds are protected from negative balance.
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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.