Pepperstone vs Trading 212 vs Exness - Fees Review included
| Feature | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Overall |
4.4 |
3.9 |
4.7 |
4.7 |
4.5 |
4.8 |
|
4.7 |
3.5 |
4.8 |
|
4.4 |
4.7 |
3.9 |
|
Investment Instruments |
4.4 |
1 |
4.1 |
Platforms and Charting Tools |
4.8 |
2.8 |
4.2 |
Deposit and Withdrawal |
4.5 |
4.1 |
4.6 |
Research |
3.9 |
3.7 |
4.7 |
Education |
4.1 |
3.8 |
4.8 |
Support |
4.3 |
3.9 |
4.5 |
Bonuses |
3.2 |
1 |
3.1 |
|
|
|
Pepperstone vs Trading 212 vs Exness: 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 Trading 212 brokerage company (trading212.com) is registered to do business in London in 2006. Its specialization is the provision of services for investment and active trading in the foreign exchange and stock markets. The company is regulated and licensed by the UK Financial Conduct Authority (FCA) and by CySEC in Europe. The broker does not provide data on awards received during the work.
Exness Trading Company has been working in the Forex market since 2008. The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings. The company’s monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs. A demo account is available - a training account that is useful for both beginner level traders and professional traders.
| Pepperstone | Trading 212 | Exness | |
|---|---|---|---|
| Overall Pros | Fast order execution - 30 ms on average | low level of the minimum deposit | Trading With Leverage up to 1:2000 |
| Low trading fees | a large selection of trading assets | Big choice of ECN/STP accounts | |
| Strong luqidity | Big choice of Stocks and ETFs | Low trading and non trading fees | |
| Advanced ECN account | UK and EU regulated broker | Free VPS hosting | |
| Access to TradingView's advanced charting tools | Quotes history | ||
| Strong regulation | |||
| Overall Cons | The company offer Crypto CFDs outside Africa and UK | lack of investment programs | Not a big choice of trading assets |
| a small number of ways to contact support | No forex bonuses | ||
| the company does not hold contests for traders |
Pepperstone vs Trading 212 vs Exness: Safety and Regulation
| Regulated By: | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Tier-1 |
Investor protection |
£85,000 €20,000 €100,000 (DE) |
€20,000 £85,000 |
€20,000 £85,000 |
FCA UK Regulation |
Yes |
Yes |
Yes |
FINRA (U.S) |
No |
No |
No |
BaFin (Germany) |
Yes |
No |
No |
ASIC (Australia) |
Yes |
Yes |
Yes |
CFTC (U.S) |
No |
No |
No |
MAS |
No |
No |
No |
FSCA SA |
No |
No |
No |
BVI FSC |
No |
No |
No |
VFSC |
No |
No |
No |
FSA (Seychelles) |
No |
No |
No |
Pepperstone vs Trading 212 vs Exness: Trading Conditions
| Trading Conditions | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Minimum Deposit |
$0 |
£1, €1 |
$1 |
Trading Platforms |
MT4, MobileTrading, WebTrader, cTrader, TradingView |
Web platform, a mobile app for iOS and Android |
MT4, MT5, MultiTerminal |
Max Leverage (Futures) |
1-500 |
1:30 (retail clients), 1:500 (Pro clients) |
1-2000 |
Supported Markets |
Forex, CFDs on Stocks, Commodities, Metals and ETFs, Shares, Crypto |
Currency pairs, CFDs on stocks, indices, futures, commodities, ETFs |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Trading assets |
1200+ |
over 12,000 stocks and ETFs available in the Invest/ISA accounts and over 5,000 leveraged instruments in the CFD account |
100+ |
Trading Accounts |
Razor, Standard |
Trading 212 Invest, Trading 212 CFD, ISA (available for UK clients) |
Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro |
Base Account Currencies |
AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD |
GBP, EUR |
USD |
Pepperstone vs Trading 212 vs Exness: Fees
| Fee | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
0,2 |
0,2 |
Standard acc. spread EUR/USD, max pips |
1,5 |
0,5 |
0,5 |
ECN Commission |
3 |
1,5 |
1,5 |
ECN Spread EUR/USD |
0,1 |
0,1 |
0,1 |
Deposit fee, % |
No |
No |
No |
Withdrawal fee, % |
No |
No |
No |
Withdrawal fee, USD |
No |
No |
No |
Inactivity fee, $ |
No |
No |
No |
Pepperstone vs Trading 212 vs Exness: Trading Assets
| Asset Name | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Overall |
1200+ |
over 12000+ |
100+ trading assets |
Forex |
Yes |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
No |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
Yes |
No |
Bonds |
No |
Yes (CFD) |
No |
Mutual funds |
No |
No |
No |
Stock options |
No |
No |
No |
Futures Trading |
No |
Yes (CFD) |
No |
Binary Options |
No |
No |
No |
Pepperstone or Trading 212 or Exness: Investment Programs
| Asset Name | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Copy Trading |
Yes |
No |
Yes |
MAM/PAMM |
No |
No |
No |
Managed Accounts |
No |
No |
No |
Other |
No |
No |
No |
Trading Platforms: Pepperstone or Trading 212 or Exness
| Pepperstone | Trading 212 | Exness | |
|---|---|---|---|
MT4 |
Yes |
No |
Yes |
MT5 |
Yes |
No |
Yes |
cTrader |
Yes |
No |
No |
Appropriate platform |
No |
Trading 212 |
Exness terminal |
Others |
TradingView |
No |
No |
|
|
|
Pepperstone vs Trading 212 vs Exness: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Bank Wire |
Yes |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Yes |
Neteller |
Yes |
No |
No |
BTC |
No |
No |
No |
Wise |
No |
No |
No |
Payoneer |
No |
No |
No |
USDT |
Yes |
No |
No |
Pepperstone vs Trading 212 vs Exness: Research
| Research Type | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
News Feed |
Yes |
No |
Yes |
Fundamental Data |
Yes |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Yes |
Trading Ideas |
Yes |
No |
Yes |
E-Mail Reports |
Yes |
No |
Yes |
Pepperstone vs Trading 212 vs Exness: Education
| Education Type | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Yes |
Webinars |
Yes |
No |
Yes |
Articles |
Yes |
No |
Yes |
Videos |
Yes |
Yes |
Yes |
Cent account |
No |
No |
Yes |
Pepperstone vs Trading 212 vs Exness: Support
| Support Features | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Working Days |
24/5 |
24/7 |
24/5 |
Yes |
Yes |
Yes |
|
Phone |
Yes |
No |
Yes |
Online chat |
Yes |
No |
Yes |
Other |
No |
feedback form |
No |
Pepperstone vs Trading 212 vs Exness: Forex Bonuses and Promo
| Promo | Pepperstone | Trading 212 | Exness |
|---|---|---|---|
Forex Bonus |
No |
No |
Not offered |
Affiliate Program |
For each attracted client under the terms of the program, the affiliate has the opportunity to receive up to USD 400 |
Promo offer. It works according to the principle of a standard referral program. A client of the company becomes a partner of a broker, receives an individual referral link and attracts new users to the company. The referrer gets a bonus for each new active trader. Trading 212 provides a tiered referral program that rewards every client and friend they refer with a free share (or a share of the whole share) up to €100/GBP. |
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 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.
Top 5 Reviews on Trading 212
-
Comment
The multilingual interface of Pacific Union's website indicates that the company is oriented towards clients from all over the world, which is a big plus for the international audience. However, one nuance can be noted: currently the company does not hold contests for traders, which could be an additional incentive for active participation of users. This is, of course, a minor drawback that does not reduce the overall attractiveness of the broker.
-
Comment
Trading 212 offers a really wide range of trading assets, so everyone can choose something to his taste or even try everything at once. The trading conditions are also fine, trades are executed as they should be. The only disadvantage is the limited ways of communication with support. Sometimes you really need advice, and the options for communication are not always convenient or fast. It would be great if they added more communication channels for prompt help.
-
Comment
Trading 212 provides a convenient and intuitive trading platform, which makes it accessible for both beginners and experienced traders. A pleasant bonus is the absence of commissions for trading stocks and ETFs, which allows you to maximize the use of your investments. However, it's worth noting that the asset selection for trading cryptocurrencies and other more specific instruments can be limited. Overall, Trading 212 is a good choice for those looking for a simple and affordable trading platform, but those looking to trade more specialized assets may need to consider other options.
-
Comment
I work with Trading 212 and I have a neutral impression. I like the fact that the company has a low minimum deposit. This makes trading accessible for many people and allows you to start with small investments. However, there is a disadvantage - the lack of investment programs. For those looking for passive income opportunities, this can be inconvenient. Overall, Trading 212 offers good conditions for active traders, but I would like to see more investment options.
-
Comment
Trading 212 is a good broker! Withdrawals are fine here, as well as the execution speed. I felt the quality immediately once I started trading here. I believe that Trading 212 is a high-quality broker that can provide fast order execution speed.
Top 5 Reviews on Exness
-
Comment
I've been using Exness for several months now to trade currency pairs and cryptocurrencies. The minimum deposit is just $10 for most accounts, and $200 for a Pro account. I really appreciate that the company supports over 35 currencies, including EUR, CHF, ZAR, and INR. As for leverage, it starts at 1:2000 and can go up to unlimited if you open 10 positions with a combined volume of at least 5 lots. During this time, I've tested several platforms: MT4, MT5, and Exness’s own terminal. The spreads are tight — from 0.3 pips on the Standard Cent account and from 0.1 pips on the Pro account. I've never experienced any delays with withdrawals — funds arrive quickly, even at night. Overall, Exness leaves a strong impression as a modern and reliable broker.
-
Comment
Exness offers a user-friendly account dashboard and fast registration. It supports cards, transfers, Tether, WebMoney, Skrill, and more. Account currencies include USD, EUR, INR, ZAR, and others. I liked that you can open accounts and test the terminal in demo mode before switching to live trading. However, it's worth noting that the educational materials are available only in English, which may not be convenient for everyone.
-
Comment
Among brokers, Exness stands out for its wide selection of account types: Standard, Cent, Pro, Zero, and Raw Spread. The spread on Standard Plus starts from 1 pip, while on Pro it starts from 0.1. The client area includes a built-in calculator for commissions and margin, making it easy to estimate trade size. Negative balance protection is available, though PAMM accounts are not supported. VPS hosting is offered only with a minimum deposit of $500 and 14 days of trading activity.
-
Comment
The broker Exness offers leverage up to 1:2000, but in actual trading it's limited to 1:500 for volumes up to 5 lots, or 1:200 for 500+ lots. This system is more tailored for professionals. Withdrawals are indeed fast — funds reach your card or wallet within 1–2 minutes.
-
Comment
I tested copy trading through the Exness Social Trading platform. The setup was quick, and you can use it via browser or mobile app. A minimum deposit of $500 gives access to strategies with a subscription. Returns can reach 30–35% per month, but this depends on the specific trader. I liked that you can choose the time period and risk level. The subscription can be canceled at any time without penalties.
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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.
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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.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.