Compare OANDA Vs Pepperstone: Which is the Better Forex Broker in 2024?
OANDA Vs Pepperstone, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between OANDA Vs Pepperstone, here is the direct comparison:
Compare | OANDA | Pepperstone |
General Rating |
3.11/5 |
3.31/5 |
Score | ||
Trustpilot |
3.6/5 544 users |
4.6/5 1965 users |
πΌ Regulation | ||
β Info | ||
β Established | 1996 | 2010 |
π² Min Deposit | $0 | $0 |
β Max Leverage | 1:20 | 1:400 |
π’ Spread | Fixed | Variable |
πΈ Commissions | -$50/Mil commission for Core pricing | $7 |
π‘ Min Position | 0.00001 lot | 0.01 lot |
π³ Payment | Visa, Mastercard, ACH deposits, Bank transfer, Credit/debit cards, Wire transfer, Skrill and Neteller | Credit/debit cards, PayPal, UnionPay, Wire transfer, Neteller and Skrill |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | English | Chinese, English, Russian |
πͺ Trade Now | Open OANDA | Open Pepperstone |
Compare Again
Testimonials
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OANDA: Les risk
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OANDA: OANDA is the best broker I've ever know.
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OANDA: My EA doesn't work very well after some time. So...
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OANDA: My friend recommend me to trade with OANDA. But it...
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OANDA: I realize half on these commentaries are only half reliable....
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Pepperstone: Do not use this company!
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Pepperstone: Great support team
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Pepperstone: Great platform!
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Pepperstone: dissapointing!
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Pepperstone: Really bad for scalping
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See More OANDA Testimonials
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See More Pepperstone Testimonials
News
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Pepperstone UK Profit Soars to GBP10M, Trading Revenue Up 30 Percent
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Tennis Legend McEnroe Teams Up with Pepperstone as Brand Ambassador
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Pepperstone Partners with AFC Asian Cup for Enhanced Fan Experience
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Pepperstone Secures Dianah Njeri Igati as the New Regional Head of Compliance
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Barcelona Striker Robert Lewandowski Becomes OANDA Brand Ambassador
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Pepperstone Presents Spread Betting on TradingView Platform
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OANDA Acquired Crypto Exchange Coinpass
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CySEC Exposed OANDA TMS Clone Website
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Rafal Slon Joins OANDA as Managing Director for Australia
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See More Related OANDA News
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See More Related Pepperstone News
Article
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5 Ways Pepperstone Automated Trading Can Help You
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What Can You Get from Pepperstone Smart Trader Tools?
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Guide to Choose the Best OANDA Platform
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Comparing Pepperstone and FP Markets Trading App
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Standard Account Comparison: IC Markets or OANDA?
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3 Ways Pepperstone Provides the Best Trading Resources
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FP Markets Vs Pepperstone for Cryptocurrency Trading
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FP Markets Vs Pepperstone Social Trading Comparison
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Forex Brokers in 2022: How OANDA Performed
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See More Related OANDA Article
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See More Related Pepperstone Article
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, OANDA provides their pricing with Fixed spread while Pepperstone offers Variable spread.
OANDA vs Pepperstone: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, OANDA enables trading with FxTrade App, MetaTrader 5, Oanda Platform, MetaTrader 4. The offer is supported with . In comparison, Pepperstone provides trading with MetaTrader 4, MetaTrader 5, cTrader, TradingView, Social trading, Web with the support of One-click trading, Trailing stop, Pending orders.
Is OANDA or Pepperstone better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, OANDA supports trading with Forex, Gold & silver, CFD, Crypto, Stock, Indices, Commodities, etf, while Pepperstone presents the ability of trading with Forex, Gold & silver, Crypto, Stocks, CFD, Indexes, Oil, Metals, Energies, Soft Commodities, Agriculture, Spread Betting (only for UK clients), ETF.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to OANDA and Pepperstone:
- Compare OANDA vs FP Markets
- Compare OANDA vs RoboForex
- Compare OANDA vs Octa
- Compare Pepperstone vs IC Markets
- Compare Pepperstone vs Blaze Markets
- Compare Pepperstone vs eToro
For more comparisons, visit this page.