Updated February 2026

Pepperstone vs Admiral Markets

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?

4.5/5
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
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
FREE TOOLS

Calculate Your Trading Costs

Use our free tools to compare broker costs and calculate position sizes before you trade.

JD

James D. from London

matched with AvaTrade

2 minutes ago