Pepperstone versus Eightcap
Traders at Eightcap can manage portfolios using the core MT4/MT5 trading platforms, which support algorithmic and social trading. Eightcap offers the Amazing Trader plugin, connects to the active TradingView community, provides traders with Capitalise AI, a cutting-edge service offering a code-free environment to automate strategies, and the dedicated cryptocurrency solution Cryptocrusher, ensuring a competitive edge for traders.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- Pepperstone versus Eightcap - Verdict
Features and Platforms
| Features & Platforms | Eightcap (visit site) | Pepperstone (visit site) |
 |  | |
| Headquarter: | Australia | Australia |
Established : | 2009 | 2010 |
Retail Loss Rate: | Undisclosed | 81.12% |
Regulation: | ||
Minimum Deposit: | $100 | $200 |
Demo Account: | ||
Managed Account: | ||
Islamic Account: | ||
Inactivity Fee | ||
Deposit Fee: | Third-Party | No |
Withdrawal Fee | Third-Party | Third-Party |
Funding Methods: | 13 | 8 |
MT4: | ||
MT5: | ||
cTrader: | ||
Proprietary Platform: | ||
Automated Trading: | ||
Social / Copy Trading: | ||
MT4/MT5 Add-ons: | ||
Guaranteed Stop Loss: | ||
Negative Balance Protection: | ||
Bonuses and Promotions: | ||
Unique Feature One: | Innovative trading tools | Excellent MT4 upgrade with 28 plugins |
Unique Feature Two: | Competitive cost structure | VPS, Autochartist, and TradingView |
Broker Offers: |
Noteworthy:
Eightcap offers a MAM module for account managers, making it ideal for popular managed cryptocurrency accounts. Pepperstone added the active TradingView community to its offering and has a volume-based rebate program.
Available Markets
| Available Markets | Eightcap | Pepperstone |
| Currency Pairs: | ||
Cryptocurrency Pairs: | ||
Commodities and Metals: | ||
Indices: | ||
Equities: | ||
Bonds: | ||
ETFs: | ||
Options, Futures, and Synthetics: | ||
Maximum Retail Leverage: | 1:500 | 1:500 |
Maximum Pro Leverage: | 1:500 | 1:500 |
Traders get a balanced asset selection and high leverage at both Eightcap and Pepperstone, allowing proper cross-asset diversification. The former lists 1,000+ trading instruments versus 1,200+ at the latter. Pepperstone has a better Forex selection and covers equity markets in greater quantity, including ETFs. Eightcap takes the lead in crypto with its industry-leading 250+ cryptocurrency CFDs.
Typical Spreads and Fees
| Typical Spreads & Fees | Eightcap | Pepperstone |
Minimum Raw Spreads: | 0.0 pips | 0.0 pips |
Minimum Standard Spreads: | 1.0 pips | 0.6 pips |
Minimum Commission for Forex: | $7.00 per round lot | $6.00 per round lot |
Commission for CFDs/DMA: | Commission-free | $7.00 per round lot |
Commission Rebates: | No | Yes |
Execution Type: | Market Maker/ECN Hybrid | ECN/NDD |
Trading costs at both brokers are competitive. The commission-based account offers raw spreads from 0.0 pips, where Eightcap charges a fee of $7.00 versus $6.00 at Pepperstone. The overall cost advantage changes to Eightcap in commission-free equity trading, where Pepperstone has a $7.00 commission minus rebates.
Security and Trust
Eightcap
| Country of the Regulator | Name of the Regulator | License Number |
Australia | Australian Securities & Investments Commission | 391441 |
The Bahamas | Securities Commission of The Bahamas | 40377 |
UK | Financial Conduct Authority | 921296 |
Cyprus | Cyprus Securities and Exchange Commission | 246/14 |
St. Vincent and the Grenadines | Financial Services Authority | Unregulated but duly registered |
Pepperstone
| Country of the Regulator | Name of the Regulator | License Number |
Australia | Australian Securities & Investments Commission | AFSL No.414530 |
Bahamas | Securities Commission of The Bahamas | License Number SIA-F217 |
Cyprus | Cyprus Securities and Exchange Commission | License Number 388/20 |
Dubai | Dubai Financial Services Authority | License Number F004356 |
Germany | Federal Financial Supervisory Authority | HRB 91279 |
Kenya | Capital Markets Authority | CMA License No.128 |
UK | Financial Conduct Authority | FCA Registration Number 684312 |
Negative balance protection and segregation of client deposits from corporate funds exist at both Eightcap and Pepperstone. Eightcap has fewer regulators, but both maintain equally secure and trustworthy environments and clean regulatory records.
Eightcap vs Pepperstone – Verdict
Eightcap
| Pros | Cons |
| Innovative trading tools focused on algorithmic trading | Below-average Forex selection |
| Balanced asset selection and leading cryptocurrency broker | |
| Competitive commission-based cost structure and deep liquidity | |
| Quality educational content and research for beginner traders |
Pepperstone
| Pros | Cons |
| Excellent choice of trading platforms consisting of MT4/MT5, and cTrader | Minimum deposit slightly higher but within a reasonable range |
| Market-leading MT4/MT5 upgrade package, Autochartist, and API trading | |
| Social trading support via Myfxbook, MetaTrader Signals, and DupliTrade | |
| Leverage of up to 1:500 and superb trade execution |
High leverage, deep liquidity, fast order execution, and VPS hosting for 24/7 algorithmic trading are available at Eightcap and Pepperstone. Trading costs and the asset quantity remain nearly identical, but Eightcap features 250+ cryptocurrency CFDs, making it an industry leader in this sector. Eightcap trumps Pepperstone with its overall product and services portfolio due to its high-quality trading tools focused on algorithmic trading.
FAQs
What is Pepperstone's leverage?
The maximum leverage offered by Pepperstone globally is 1:500.
Is Pepperstone an Australian broker?
Pepperstone is an Australian broker with international subsidiaries, where it offers more competitive trading conditions.
Does Pepperstone have BTC?
Pepperstone offers BTC CFDs but does not offer physical BTC purchases.
Is Eightcap or Pepperstone better for beginners?
Beginners can get quality education at Eightcap and Pepperstone, but Eightcap remains a better choice due to its cutting-edge trading tools.
Does Pepperstone allow scalping?
Pepperstone lists no restrictions on scalping and maintains a highly competitive trading infrastructure for scalpers, including deep liquidity, fast order execution, high leverage, and low trading costs.