Pepperstone vs LiteForex - Fees Review included
Which broker is better Pepperstone or LiteForex? 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. LiteForex is one of the top brokers in the financial market with the TU Overall Score of 7.87 out of 10. Find out more about TU Overall Score.
| Feature | Pepperstone | LiteForex |
|---|---|---|
Overall |
4.4 |
4.4 |
4.7 |
4.8 |
|
4.7 |
3.7 |
|
4.4 |
3.8 |
|
Investment Instruments |
4.4 |
4.5 |
Platforms and Charting Tools |
4.8 |
4.5 |
Deposit and Withdrawal |
4.5 |
5 |
Research |
3.9 |
4 |
Education |
4.1 |
4.4 |
Support |
4.3 |
4.7 |
Bonuses |
3.2 |
4.1 |
|
|
|
Pepperstone vs LiteForex: 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 LiteForex broker is a high-tech company that constantly offers innovative solutions for active and passive trading. The LiteForex group of companies was incorporated in 2005, and it has risen through the ranks to become a market leader. Today, LiteForex is an online ECN broker with unique technical solutions for transferring transactions to the interbank and directly to liquidity providers.
| Pepperstone | LiteForex | |
|---|---|---|
| Overall Pros | Fast order execution - 30 ms on average | Correspondence to the A-Book model, STP (straight-through processing) and ECN technologies for processing client orders and pin spreads with instant market execution with minimal slippage in both directions |
| Low trading fees | ||
| Strong luqidity | ||
| Advanced ECN account | ||
| Access to TradingView's advanced charting tools | ||
| Strong regulation | ||
| Overall Cons | The company offer Crypto CFDs outside Africa and UK |
Pepperstone vs LiteForex: Safety and Regulation
| Pepperstone | LiteForex | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
£85,000 €20,000 €100,000 (DE) |
€20,000 |
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 LiteForex: Trading Conditions
| Trading Conditions | Pepperstone | LiteForex |
|---|---|---|
Minimum Deposit |
$0 |
$50 |
Trading Platforms |
MT4, MobileTrading, WebTrader, cTrader, TradingView |
MT4, MT5, MultiTerminal, Sirix Webtrader |
Max Leverage (Futures) |
1-500 |
1-500 |
Supported Markets |
Forex, CFDs on Stocks, Commodities, Metals and ETFs, Shares, Crypto |
Forex, assets of stock and commodity markets, cryptocurrencies |
Trading assets |
1200+ |
200+ |
Trading Accounts |
Razor, Standard |
Demo, Classic, ECN |
Base Account Currencies |
AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD |
USD, EUR, CHF, MBT |
Pepperstone vs LiteForex: Fees
| Pepperstone | LiteForex | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
1,8 |
Standard acc. spread EUR/USD, max pips |
1,5 |
2,0 |
ECN Commission |
3 |
2,5 |
ECN Spread EUR/USD |
0,1 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Pepperstone vs LiteForex: Trading Assets
| Asset Name | Pepperstone | LiteForex |
|---|---|---|
Overall |
1200+ |
200+ |
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 |
ETFs |
Yes (CFD) |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Pepperstone or LiteForex: Investment Programs
| Asset Name | Pepperstone | LiteForex |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: LiteForex or Pepperstone
| Pepperstone | LiteForex | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
Yes |
No |
Appropriate platform |
No |
No |
Others |
TradingView |
SiriX Webtrader |
|
|
|
Pepperstone vs LiteForex: Deposit and Withdrawal Methods
| Pepperstone | LiteForex | |
|---|---|---|
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 LiteForex: Research
| Research Type | Pepperstone | LiteForex |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
No |
Pepperstone vs LiteForex: Education
| Education Type | Pepperstone | LiteForex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
No |
LiteForex vs Pepperstone: Support
| Support Features | Pepperstone | LiteForex |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
FB Messenger, Telegram |
Pepperstone vs LiteForex: Forex Bonuses and Promo
| Promo | Pepperstone | LiteForex |
|---|---|---|
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 |
This multilevel affiliate program allows you to get remuneration up to $50 for each client (referral) + 10% of the sub-partner's profit. |
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. |
ZERO Fees — reimbursement to the trading account by the debited payment system for the transfer of a commission via replenishment or withdrawal |
|
|
|
Top 5 Reviews on LiteForex
-
Comment
I liked that LiteForex offers its own platform with built-in analytics and a library of indicators. The personal account interface makes it easy to customize charts, view signals, and use trading ideas from Claws&Horns. The broker also reimburses payment system fees when funding the account — a small detail, but a nice touch. Overall, the trading conditions are competitive, especially considering access to cryptocurrencies and a stop-out level of 20%.
-
Comment
I trade actively on the ECN account - here the spread is from 0 pips, commissions per lot are calculated separately. The broker returns up to 70% of the spread via MOFT, and the client receives 80% of this amount. On average, 0.05 points of compensation on the euro-dollar is received daily, which can give $100+ for a month with active trading. For those who work with large volumes, this is a great way to reduce costs.
-
Comment
In my opinion, LiteFinance has one of the most well-designed partnership programs. There's a CPS model with payouts of up to $50 per client registration, plus 10% of the earnings from sub-partners. Partners can set their own cashback rates — up to 90%. There's also a "Regional Representative" status, offering payouts starting from $15 for each trade made by a referred client. All of this helps build not only a trading strategy but also a stable source of additional income.
-
Comment
I chose LiteFinance because of its user-friendly platform and wide support for payment systems. The minimum deposit starts at $50, and the spread on the Classic account begins from 1.8 pips. Leverage up to 1:500 provides more flexibility in capital management. It's important that you can trade not only currencies, but also stocks, funds, and cryptocurrencies. The 100% margin call level requires careful risk calculation. Execution and withdrawals have been stable — no complaints so far.
-
Comment
LiteForex has really impressed me with its commitment to the A-Book model and the use of advanced STP and ECN technologies for processing client orders. Pin spreads and instant market execution with minimal slippage in both directions make trading more transparent and efficient. This allows me to have confidence in the integrity and reliability of trades. I especially appreciate the speed and accuracy of order execution, which greatly improves my trading experience. LiteForex is an excellent choice for those who are looking for a broker with high standards of work and advanced technologies.
Top 5 Reviews on Pepperstone
-
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.
-
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.
- 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 BDSwiss
- 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 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.