Pepperstone vs Plus500
An in-depth comparison to help you choose the right broker for your trading journey.
Who Wins Each Category?
Our scores for Pepperstone and Plus500, side by side, across the categories that decide your costs and safety.
Who Wins?
Pepperstone wins on overall score (4.5/5 vs 4/5). Pepperstone is the pick if you value scalpers; choose Plus500 if you value beginners. The tables below show where each actually wins.
Who this is for: Pepperstone suits traders who prioritise scalpers; Plus500 suits traders who prioritise beginners.
Side-by-Side Comparison
What Actually Differs
The numbers that matter when choosing between Pepperstone and Plus500.
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
Pros
- Publicly traded company (LSE)
- Simple intuitive platform
- No commissions
- Wide instrument range
- Negative balance protection
Cons
- Limited research tools
- No MetaTrader support
- Basic charting
- No copy trading
Which Broker Should You Choose?
Pepperstone vs Plus500: FAQ
Which is better, Pepperstone or Plus500?
Overall, Pepperstone scores 4.5/5 and Plus500 scores 4/5. The right pick depends on what you value: Pepperstone for scalpers, Plus500 for beginners.
Which is cheaper, Pepperstone or Plus500?
On our fees score, Pepperstone is 4.9/5 and Plus500 is 4/5. Pepperstone advertises spreads from 0.0 pips, Plus500 from 0.6 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.
Which is safer, Pepperstone or Plus500?
Pepperstone holds 6 licence(s), including ASIC, FCA, BaFin, CySEC, DFSA, SCB. Plus500 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 Plus500?
Pepperstone offers 1,200+, Plus500 offers 2,800+. Choose the range that covers what you actually trade.
Calculate Your Trading Costs
Use our free tools to compare broker costs and calculate position sizes before you trade.
Other Broker Matchups
Trading Terms Explained
New to some of the jargon in this comparison? These explainers cover the concepts that decide your costs and risk.