Pepperstone vs RoboForex - Fees Review included
Which broker is better Pepperstone or RoboForex? 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. RoboForex is one of the top brokers in the financial market with the TU Overall Score of 8.9 out of 10. Find out more about TU Overall Score.
| Feature | Pepperstone | RoboForex |
|---|---|---|
Overall |
4.4 |
4.9 |
4.7 |
4.6 |
|
4.7 |
4.9 |
|
4.4 |
5 |
|
Investment Instruments |
4.4 |
4.8 |
Platforms and Charting Tools |
4.8 |
4.9 |
Deposit and Withdrawal |
4.5 |
4.8 |
Research |
3.9 |
4.9 |
Education |
4.1 |
4.8 |
Support |
4.3 |
5.0 |
Bonuses |
3.2 |
5 |
|
|
|
Pepperstone vs RoboForex: 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.
RoboForex is a brokerage company that was founded in 2009. It provides services to financial markets in 169 countries. More than 3.5 million users are RoboForex clients. RoboForex is the leading software developer in the Forex industry. RoboForex is recognized as a reliable partner by the most respected financial market experts. The company has won numerous prestigious awards. The RoboForex group of companies has an international license to provide services from FSC Belize.
| Pepperstone | RoboForex | |
|---|---|---|
| Overall Pros | Fast order execution - 30 ms on average | Trading With Leverage up to 1:2000 |
| Low trading fees | Near 9000 supported trading assets | |
| Strong luqidity | Low trading and non trading fees | |
| Advanced ECN account | Passive income with copy trading | |
| Access to TradingView's advanced charting tools | Great bonus programs | |
| Strong regulation | Instant withdrawal of funds | |
| Best choice of Forex EA, Forex bots builder | ||
| Advanced trading platforms | ||
| Overall Cons | The company offer Crypto CFDs outside Africa and UK | Lack of cryptocurrency tools when trading on the R Trader platform |
| A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime |
Pepperstone vs RoboForex: Safety and Regulation
| Pepperstone | RoboForex | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-3 |
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 RoboForex: Trading Conditions
| Trading Conditions | Pepperstone | RoboForex |
|---|---|---|
Minimum Deposit |
$0 |
$10 |
Trading Platforms |
MT4, MobileTrading, WebTrader, cTrader, TradingView |
MT4, MT5, cTrader, R StocksTrader, RoboForex, |
Max Leverage (Futures) |
1-500 |
1-2000 |
Supported Markets |
Forex, CFDs on Stocks, Commodities, Metals and ETFs, Shares, Crypto |
Forex, Stocks, Indices, ETFs, Groceries, Energy commodities, Metals |
Trading assets |
1200+ |
8700+ |
Trading Accounts |
Razor, Standard |
Pro, Pro Cent, ECN, Prime |
Base Account Currencies |
AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD |
USD, EUR |
Pepperstone vs RoboForex: Fees
| Pepperstone | RoboForex | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
0,5 |
Standard acc. spread EUR/USD, max pips |
1,5 |
2 |
ECN Commission |
3 |
2 |
ECN Spread EUR/USD |
0,1 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
0-4 |
Withdrawal fee, USD |
No |
0-1,3 |
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 RoboForex: Trading Assets
| Asset Name | Pepperstone | RoboForex |
|---|---|---|
Overall |
1200+ |
9700+ trading assets |
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 RoboForex: Investment Programs
| Asset Name | Pepperstone | RoboForex |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: RoboForex or Pepperstone
| Pepperstone | RoboForex | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
Yes |
Yes |
Appropriate platform |
No |
R StocksTrader, RoboForex Terminals |
Others |
TradingView |
No |
|
|
|
Pepperstone vs RoboForex: Deposit and Withdrawal Methods
| Pepperstone | RoboForex | |
|---|---|---|
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 RoboForex: Research
| Research Type | Pepperstone | RoboForex |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
Pepperstone vs RoboForex: Education
| Education Type | Pepperstone | RoboForex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
RoboForex vs Pepperstone: Support
| Support Features | Pepperstone | RoboForex |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Pepperstone vs RoboForex: Forex Bonuses and Promo
| Promo | Pepperstone | RoboForex |
|---|---|---|
Forex Bonus |
No |
Welcome bonus $30 Classic first deposit bonus up to 120% |
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 40% of trading commissions |
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 RoboForex
-
Comment
I chose RoboForex for its combination of high order execution speed and favorable conditions for investors. Spreads start from 0.2 pips, and leverage goes up to 1:2000 — the highest among regulated brokers. I really like the CopyFx investment platform, which allows you to follow successful traders and diversify risks. Most accounts offer free deposits and withdrawals. RoboForex provides reliable fund protection, including negative balance protection, and also safeguards traders’ interests through a compensation fund of up to €20,000.
-
Comment
I consider RoboForex the best broker in terms of the number of available instruments: over 12,000 financial assets, including currencies, stocks, indices, commodities, ETFs, and cryptocurrencies. The minimum deposit is just $10, making it easy to start even without a large initial capital. Trading is available on popular platforms like MT4, MT5, WebTrader, and R StocksTrader. I was pleasantly surprised by the instant processing of withdrawal requests — funds arrive within an hour. Plus, they have a great loyalty program where each participant can get up to 20% commission cashback.
-
Comment
I work with RoboForex because of its high reliability and the wide range of features it offers for active traders. The broker is regulated by the FSC (Belize) and is also a member of The Financial Commission, which provides a compensation fund of up to €20,000. The company has been in the market for over 16 years, which inspires confidence. Key advantages include fast order execution and tight spreads — for most major pairs, spreads consistently stay within 0.2–0.4 pips. The negative balance protection system works flawlessly, and leverage up to 1:2000 allows for efficient capital use.
-
Comment
RoboForex is an excellent choice for those who value a wide range of assets and a low entry threshold. The platform offers five account types: ProCent, Pro, ECN, Prime, and R StocksTrader, as well as a broad selection of account currencies—USD, EUR, GOLD. The minimum trade size starts at 0.01 lots, which is very convenient for testing strategies and managing risks. More than 10 deposit and withdrawal methods are available, including SEPA, bank cards, Skrill, Neteller, AdvCash, Visa/Mastercard, and others. I would also highlight the bonus programs, such as the Welcome Bonus, and the quality mobile version that allows trading and account management from any device.
-
Comment
I’ve been trading with RoboForex for several years and can highlight several strengths of this broker. The minimum deposit is only $10, which allows even beginner traders to test the platform without significant investment. There is a huge selection of instruments—over 12,000—including currency pairs, CFDs on stocks like Apple, Google, Tesla, indices, metals, and ETFs. Leverage up to 1:2000 offers the flexibility to implement a wide range of trading strategies. The EUR/USD spread starts from 0.2 points, and order execution is almost instant thanks to market execution. Another big plus is the instant withdrawal and the CopyFx program, which lets you both copy successful trades and attract referrals with up to 84% commission payouts.
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.