We found 11 online brokers that are appropriate for Trading Pepperstone Fee Alteratives.
It is obvious that fees charged by online brokers are much lower than most traditional brokers. This can be mainly explained by two reasons. Many online brokerage houses avoid charging any brokerage fee on trading as a commission. They look for earnings from the spread or overnight financing charges. On the other hand, traditional brokerage houses fail to waive the commission part. Hence, they are a more expensive option for frequent traders, who trade multiple times a day or week.
Most traders believe that the Pepperstone fees are comparatively lower than other brokers, even when compared to some online brokers. Before we proceed with the discussion of Pepperstone fees, let us understand how online brokers are able to offer more relief in their fees as compared to traditional brokers.
The businesses of online brokers can be said to be better than traditional brokers from a technical standpoint. The number of clients does not matter, whether they have 500 or 5000 clients, because the overall difference is very minute. However, this is not the case for traditional brokers.
To better understand this concept, it is important to understand the three types of trading fees charged by brokers:
Brokers charge commission, spread and/or financing rates through traditional fees. A commission is either charged at a fixed rate or charged based on the traded volume. A spread, on the other hand, is simply the difference between prices of the buy and sell of a trade. Financing rates are slightly different. Financing rates, also known as overnight rates, are fees levied when the leveraged position is held overnight.
So, what are non-traditional fees? Many brokers ask about such charges. Non-traditional fees are basically used to charge operations in an account, and not on an aspect of trading such as depositing funds or withdrawing money from a trading account. If an account is left inactive for a certain specified period, a non-traditional fee is also charged.
Before we find out how suitable Pepperstone fees are for traders, it is important to note that traders who practice multiple times trading on a daily or weekly basis always look for brokers who charge the lowest fees in the market.
eToro, XTM, Fusion Markets, and IC Markets are some of the big names alongside Pepperstone that offer the lowest fees. Let us make a comparison between these brokers by comparing the EUR/USD and EUR/GBP currency pairs.
For Pepperstone, the benchmark fee for trading the EUR/USD currency pair is $14.8, while for EUR/GBP it is $10.7. For trading with IC Markets and Fusion Markets, the EUR/USD currency pair requires the benchmark fee of $15.8 and $12.8 respectively. For the EUR/GBP currency pair, the benchmark fee for IC Markets is $9.9 while Fusion Markets charge $8.7.
The financing rate for trading Apple CFD with Pepperstone and IC Markets is the same at 4.9%. The EUR/USD financing rate with Pepperstone is 3.4%, while for IC Markets it is 3.7%. For Fusion Markets, this rate is lower at 3.3%. Next, the EUR/GBP financing rate with Pepperstone is 2.2%, while IC Markets and Fusion Markets charge 2% and 1.5% respectively.
If we overlook some of the most reputable online brokers, Pepperstone is one of the best with respect to non-trading fees. It charges nothing for depositing funds into a trading account, withdrawing money from it, being inactive or opening an account. However, IC Markets and Fusion Markets also charge nothing for these four operational activities. Basically, these three online brokers do not require the payment of non-trading fees.
A deposit fee is the charge incurred while depositing funds from a bank account or other sources to a trading account. Most of the brokers charge nothing for this activity.
Withdrawal fees are the charges incurred while withdrawing money from a trading account to a bank account or other destinations. Some brokers require a fee to be paid to carry out this process. However, it is a very nominal amount.
The inactivity fee is the charge incurred if an account is left inactive for a specified period of time ranging from a few months to years. Many brokers charge an inactivity fee.
Overall, Pepperstone fees are lower than most online brokers and many traditional brokers. Hence, the brokerage house is one of the popular ones among traders who trade multiple times a day or week. However, we recommend that traders read all terms and conditions properly to be aware of any hidden charges. New traders should be more aware of this as profits can be narrowed if hidden charges are incurred.
We've collected thousands of datapoints and written a guide to help you find the best Pepperstone Fees for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Pepperstone Fee Alteratives below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Pepperstone Fee Alteratives trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Pepperstone Fee Alteratives.
Compare Pepperstone Fee Alteratives min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Pepperstone Fee Alteratives. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Pepperstone Fee Alteratives that accept Pepperstone Fee Alteratives clients
Broker |
eToro
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IC Markets
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XTB
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FP Markets
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Trading212
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Plus500
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Pepperstone
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EasyMarkets
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XM
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FXPrimus
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SpreadEx
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Rating | |||||||||||
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 200 | No minimum deposit | 100 | 1 | 100 | 200 | 100 | 5 | 100 | 1 |
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Used By | 17,000,000+ | 60,000+ | 250,000+ | 10,000+ | 14,000,000+ | 15,500+ | 10,000+ | 142,500+ | 70,000+ | 10,000+ | 10,000+ |
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Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Support |
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Learn More |
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Up with easymarkets |
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Up with spreadex |
Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
FP Markets Demo |
Trading 212 Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
FXPrimus Demo |
SpreadEx Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | US, JP, NZ | US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, TR |
You can compare Pepperstone Fee Alteratives ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Pepperstone Fee Alteratives for 2021 article further below. You can see it now by clicking here
We have listed top Pepperstone Fee Alteratives below.