Updated February 2026

eToro vs Pepperstone

An in-depth comparison to help you choose the right broker for your trading journey.

50+ Data Points
Real Testing
2026 Updated
QUICK VERDICT

Who Wins?

4/5
Best for: Social traders
Visit eToro
VS
4.5/5
Best for: Scalpers
Visit Pepperstone
HEAD-TO-HEAD

Side-by-Side Comparison

Feature
Overall Rating
4/5
4.5/5
Minimum Deposit
$50
$0
Spreads From
1.0 pips
0.0 pips
Max Leverage
Up to 30:1 (EU)
Up to 500:1
Instruments
3,000+
1,200+
Fees Score
3.5/5
4.9/5
Platforms Score
4/5
4.8/5
Education Score
4.2/5
3.8/5
Safety Score
4.5/5
4.6/5
Platforms
eToro Platform, eToro Mobile App
MetaTrader 4, MetaTrader 5, cTrader, TradingView
Founded
2007
2010
Headquarters
Tel Aviv, Israel
Melbourne, Australia
ANALYSIS

Pros & Cons

Pros

  • + Industry-leading copy trading (CopyTrader)
  • + Low minimum deposit of $50
  • + Commission-free stock trading
  • + User-friendly mobile app
  • + Large social community of 30M+ users

Cons

  • - $5 withdrawal fee
  • - Spreads higher than traditional brokers
  • - Limited advanced charting tools
  • - Proprietary platform only (no MT4/MT5)
Open eToro Account

Pros

  • + Razor-sharp spreads from 0.0 pips
  • + Ultra-fast execution (avg 30ms)
  • + Multiple platforms: MT4, MT5, cTrader, TradingView
  • + No minimum deposit requirement
  • + Award-winning customer service
  • + Excellent for scalping and algo trading

Cons

  • - Limited educational resources
  • - No proprietary platform
  • - Research tools could be improved
  • - No guaranteed stop losses
Open Pepperstone Account
RECOMMENDATION

Which Broker Should You Choose?

Choose

If you:

  • Social traders
  • Beginners
  • Copy trading enthusiasts
  • Part-time investors
Visit eToro
Choose

If you:

  • Scalpers
  • Day traders
  • Algorithmic traders
  • Professional traders
Visit Pepperstone
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JD

James D. from London

matched with AvaTrade

2 minutes ago