United States

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Pepperstone
Eightcap

Pepperstone, established in Australia in 2010, is a highly-regarded forex and CFD broker serving more than 400,000 international clients. It provides access to over 1,300 instruments through leading trading platforms such as MT4, MT5, cTrader, and TradingView, while keeping fees relatively low and transparent. The company is regulated by known authorities including FCA, ASIC, and CySEC, offering a safe trading environment for all.

Eightcap is an award-winning, FCA-regulated broker with low trading fees. They are highly rated by TradingView’s users, who can trade directly on the platform. UK traders can open a live account with a £100 minimum deposit. Eightcap is a multi-regulated forex and CFD broker founded in Australia in 2009. It is popular with active traders, offering 800+ instruments, tight spreads, and improvements like the TradingView platform, AI-powered financial calendars, and algo trading tools that require no coding experience.

InstrumentsCFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread BettingCFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Minimum Deposit$0£100$100
Trading PlatformsPepperstone Trading Platform, MT4, MT5, cTrader, TradingView, AutoChartistMT4, MT5, TradingView
Payment MethodsApple Pay, BPAY, Credit Card, Debit Card, Google Wallet, Mastercard, Neteller, PayPal, PIX Payment, Skrill, UnionPay, Visa, Wire TransferBitcoin Payments, BPAY, Credit Card, Debit Card, Dragonpay, FasaPay, Neteller, PayPal, PIX Payment, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade0.01 Lots0.01 Lots
RegulatorFCA, ASIC, CySEC, DFSA, CMA, BaFin, SCBASIC, FCA, CySEC, SCB
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGDUSD, EUR, GBP, CAD, AUD, NZD, SGD
Trust Rating
4.6
4.3
Assets & Markets Rating
3.8
3.6
Platforms Rating
4.4
4.3
Fees & Costs Rating
4.5
3.8
Customer Support Rating
4.6
4.0
Education Rating
4.0
3.5
Research Rating
4.3
3.5
Accounts & Banking Rating
4.0
4.0
Mobile AppsiOS & AndroidiOS & Android
App Review

Pepperstone stands out for its great integration with MT4, MT5, cTrader, and TradingView apps, making it a top choice for traders familiar with these major platforms. These apps provide a stable, reliable mobile trading experience, boosted by Pepperstone's fast execution speeds and wide asset range. Recent upgrades helped it earn second place in DayTrading.com's annual 'Best Trading App' award for 2025.

Eightcap offers MT4, MT5, and TradingView apps and is the only FCA-regulated broker with TradingView. This supports mobile traders seeking advanced chart tools. Despite the dated MetaTrader design, it provides numerous technical indicators, drawing tools, various chart styles, and easy horizontal overlays. TradingView's push alerts and social network benefit traders, and Eightcap offers videos on linking TradingView with iOS and Android.

Android App Rating
4.1
4.4
iOS App Rating
4.4
4.8
Awards
  • Best Overall Broker - DayTrading.com 2025
  • Best Forex Broker Runner Up - DayTrading.com 2025
  • Best Trading App Runner Up - DayTrading.com 2025
  • Best MT4/MT5 Broker Runner Up - DayTrading.com 2025
  • Best TradingView Broker Runner Up - DayTrading.com 2025
  • Best Forex Broker - DayTrading.com 2024
  • Best Overall Broker - DayTrading.com 2023
  • Best Trading App - DayTrading.com 2022
  • Best Forex Broker - DayTrading.com 2021
  • Best TradingView Broker 2025 - DayTrading.com
  • Best Cryptocurrency Broker 2025 - DayTrading.com
  • Best Overall Broker 2024 - DayTrading.com
  • Best Cryptocurrency Broker 2024 - DayTrading.com
  • Best Forex Broker 2023 - DayTrading.com
  • Best Cryptocurrency Broker 2023 - DayTrading.com
  • Best MT4/MT5 Broker 2022 - DayTrading.com
Margin Trading
Account TypesSTP, ECN, DMA, MAM, PAMMECN, MAM
AI / Machine Learning
Robo Advisor
Negative Balance Protection
Market Maker
P2P Trading
Spot Trading
Auto Trading

Expert Advisors (EAs) on MetaTrader

Expert Advisors (EAs) on MetaTraderTradingView Bots

Copy Trading
Copy Trading Platform

Pepperstone enables traders to follow strategies of experienced traders via MetaTrader Signals, DupliTrade, and its new copy trading app (available in select regions) in partnership with Pelican Trading, offering access to many skilled traders and customizable risk settings. However, it does not support cTrader Copy, which may discourage users who prefer Spotware's terminal.

Social Trading
Trade SignalsYes (Via Chartist Software)
VPS Hosting
Tournaments
Demo Competitions
Ethical Investing
Custodial Account
Guaranteed Stop Loss
Inactivity Fee$0$0
Islamic Account

CFD Trading

Pepperstone remains a top-notch CFD broker based on our recent tests. The broker offers swift execution speeds averaging 30ms, a high fill rate of 99.90% and over 1,300 assets to trade. This ensures a smooth trading experience without interruptions or the need for re-quotes.

Eightcap provides a broad selection of trading opportunities, including over 800 CFDs in stocks, indices, bonds, commodities, and cryptocurrencies. The leverage it offers ranges from 1:30 to 1:500 depending on your location. One of its standout features is an AI-powered economic calendar covering over 25 countries and featuring impact filters. However, its least impressive aspect is the limited range of soft commodities such as cotton and wheat, as well as precious metals and energy assets.

Leverage1:30 (Retail), 1:500 (Pro)1:301:500
FTSE Spread1.01.2
GBPUSD Spread0.40.1
Oil Spread2.50.03
Stocks Spread0.020.03 (Apple Inc)

Forex Trading

Pepperstone offers exceptionally low forex spreads, averaging 0.12 pips on EUR/USD in the Razor account, with over 100 currency pairs to choose from. This exceeds what most competitors offer. Pepperstone uniquely provides three currency indices (USDX, EURX, JPYX), a rare feature in trading platforms. Pepperstone has claimed our 'Best Forex Broker' award twice.

Eightcap provides more than 50 currency pairs for trading, which is standard for the industry but less than leaders such as CMC Markets who offer over 300 pairs. They differentiate themselves by offering spreads from 0.0 pips on popular pairs such as EUR/USD, and low commissions of $3.50 per side. They also give traders comprehensive forex data, including important fundamentals, indicators of market direction, and a calendar of significant events in the forex market.

GBPUSD Spread0.40.1
EURUSD Spread0.10.0
EURGBP Spread0.40.1
Assets100+50+
Currency IndicesUSD, EUR, JPYUSD

Cryptocurrency Trading

Pepperstone remains a trusted crypto broker. While its range of digital tokens is moderate, it offers trading for popular cryptos like Bitcoin and altcoins like Ripple with up to 1:10 leverage. Its crypto indices offer a comprehensive view of the digital currency markets, unlike most trading platforms.

Eightcap's offerings for crypto trading are superior, boasting over 120 crypto derivatives. The testing results show Bitcoin's spread at 12 pips, which is comparatively lower than its competitors. Along with smooth deposits and withdrawals in cryptocurrencies, Eightcap provides comprehensive solutions for dedicated crypto traders.

Crypto SpreadBTC 30, ETH 0$12 (BTC)
Crypto CoinsBCH, BTC, ETH, LTC, DASH, ADA, LINK, DOGE, EOS, DOT, XRP, XLM, XTZ, UNI, BNBBTC, ETH, LTC, BCH, XRP, XMR, DSH, EOS, XLM, ADA, TRX, DOGE, BNB, DOT, MATIC, VET, AXS, NEO, SOL, UNI, AAVE, KSM, THETA, CAKE, SUSHI, ATOM, XTZ, SNX, COMP, FLOW, EGLD, PUNDIX, RAY, ZIL, QTUM, BAND, OMG, FIDA, BADGER, NEAR, ONT, KNC, SHIB, MTL, CLV, BAT, XEM, STMX, CHR, WAVES, FTM, AUDIO, TOMO, MRK, GRT, ENJ, CRV, RUNE, DAWN, DODO, HOT, ZEC, 1INCH, HBAR, AVAX, PROM, ALPHA, LINA, CEL, SXP, SAND, CREAM, ICP, FIL, PAXG, DENT, REN, REEF, LRC, PERP, STORJ, IOTA, ALCX, ALGO, LINK, MANA
Crypto Lending
Crypto Mining
Crypto Staking
Auto Market Maker
71.9%72.9%73.9%75-95% of retail investor accounts lose money when trading CFDs
71% of retail traders lose money when trading CFDs