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Verified 2026 data

Pepperstone vs Admiral Markets

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

1:1Head to Head
RealTesting
2026Updated
CATEGORY WINS

Who Wins Each Category?

Our scores for Pepperstone and Admiral Markets, side by side, across the categories that decide your costs and safety.

FeesPepperstone: 4.9/5vsAdmiral Markets: 4.2/5Pepperstone wins
SafetyPepperstone: 4.6/5vsAdmiral Markets: 4.4/5Pepperstone wins
PlatformsPepperstone: 4.8/5vsAdmiral Markets: 4.5/5Pepperstone wins
EducationPepperstone: 3.8/5vsAdmiral Markets: 4.6/5Admiral Markets wins
Customer SupportPepperstone: 4.3/5vsAdmiral Markets: 4.1/5Pepperstone wins
QUICK VERDICT

Who Wins?

Pepperstone wins on overall score (4.5/5 vs 4.3/5). Pepperstone is the pick if you value scalpers; choose Admiral Markets if you value education-focused traders. The tables below show where each actually wins.

4.5/5
Best for: Scalpers
Visit Pepperstone
VS
4.3/5
Best for: Education-focused traders
Visit Admiral Markets
HEAD-TO-HEAD

Side-by-Side Comparison

Feature
Overall Rating
4.5/5
4.3/5
Minimum Deposit
$0
$100
Spreads From
0.0 pips
0.0 pips
Max Leverage
Up to 500:1
Up to 500:1
Instruments
1,200+
8,000+
Fees Score
4.9/5
4.2/5
Platforms Score
4.8/5
4.5/5
Education Score
3.8/5
4.6/5
Safety Score
4.6/5
4.4/5
Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView
MetaTrader 4, MetaTrader 5, MetaTrader Supreme Edition, StereoTrader
Founded
2010
2001
Headquarters
Melbourne, Australia
Tallinn, Estonia
KEY DIFFERENCES

What Actually Differs

The numbers that matter when choosing between Pepperstone and Admiral Markets.

Minimum depositPepperstone: $0Admiral Markets: $100Pepperstone needs less to start.
RegulatorsPepperstone: 6 (ASIC, FCA)...Admiral Markets: 3 (FCA, ASIC)...Pepperstone is licensed in more jurisdictions.
InstrumentsPepperstone: 1,200+Admiral Markets: 8,000+Admiral Markets offers more markets.
PlatformsPepperstone: MetaTrader 4, MetaTrader 5, cTraderAdmiral Markets: MetaTrader 4, MetaTrader 5, MetaTrader Supreme EditionBoth support MetaTrader 4, MetaTrader 5.
Best forPepperstone: ScalpersAdmiral Markets: Education-focused tradersDifferent fits. Read the verdict below.
ANALYSIS

Pros & Cons

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

Pros

  • + MetaTrader Supreme Edition (free)
  • + Excellent education
  • + Wide instrument range
  • + Multi-regulated
  • + Stock investing account

Cons

  • - Complex account structure
  • - Higher spreads on standard account
  • - Inactivity fee
Open Admiral Markets Account
RECOMMENDATION

Which Broker Should You Choose?

Choose

If you:

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

If you:

  • Education-focused traders
  • MetaTrader enthusiasts
  • Multi-asset traders
Visit Admiral Markets
FAQ

Pepperstone vs Admiral Markets: FAQ

Which is better, Pepperstone or Admiral Markets?

Overall, Pepperstone scores 4.5/5 and Admiral Markets scores 4.3/5. The right pick depends on what you value: Pepperstone for scalpers, Admiral Markets for education-focused traders.

Which is cheaper, Pepperstone or Admiral Markets?

On our fees score, Pepperstone is 4.9/5 and Admiral Markets is 4.2/5. Pepperstone advertises spreads from 0.0 pips, Admiral Markets from 0.0 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.

Which is safer, Pepperstone or Admiral Markets?

Pepperstone holds 6 licence(s), including ASIC, FCA, BaFin, CySEC, DFSA, SCB. Admiral Markets holds 3 licence(s), including FCA, ASIC, CySEC. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.

Which has more markets, Pepperstone or Admiral Markets?

Pepperstone offers 1,200+, Admiral Markets offers 8,000+. Choose the range that covers what you actually trade.

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