Compare Pepperstone Vs Swissquote: Which is the Better Forex Broker in 2024?
Pepperstone Vs Swissquote, 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 Pepperstone Vs Swissquote, here is the direct comparison:
Feature | Pepperstone | Swissquote |
General Rating |
3.31/5 |
2.09/5 |
|
Score | 79 | 60 | |
Trustpilot |
4.6/5 1965 users |
3.7/5 150 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2010 | 1996 | |
💲 Min Deposit | $0 | $1000 | |
⚖ Max Leverage | 1:400 | 1:100 | |
🔢 Spread | Variable | Fixed | |
💸 Commissions | $7 | ||
💡 Min Position | 0.01 lot | 0.1 lot |
💳 Payment | Credit/debit cards, PayPal, UnionPay, Wire transfer, Neteller and Skrill | Wire transfer and Credit/debit cards | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | Chinese, English, Russian | Arabic, German, English, Spanish, French, Russian, Chinese |
🚪 Trade Now | Open Pepperstone | Open Swissquote |
Testimonials
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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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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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Swissquote: Live chat support - terrible. The guy there doesn't know...
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Swissquote: They (or their payment vendors) charge high fees, like 2%...
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Swissquote: Stay away from this low quality market maker. Account opening...
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Swissquote: When I tried to open an account, I had to...
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Swissquote: Before I had even finished opening my account I had...
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Pepperstone: Do not use this company!
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See More Pepperstone Testimonials
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See More Swissquote Testimonials
News
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Tennis Legend McEnroe Teams Up with Pepperstone as Brand Ambassador
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Swissquote's New Website Offers a Visual and Functional Upgrade
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Swissquote Launches Lending Program, Providing Passive Income for Clients
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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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Swissquote Appoints New COO Following the Retirement of Lino Finini
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Swissquote Advancing into Digital Banking Business
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Pepperstone Presents Spread Betting on TradingView Platform
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Swissquote Releases Investment Saving Product, Invest Easy Solution
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Lawrence Jones Returns to Pepperstone as Head Digital Acquisition
Articles
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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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Comparing Pepperstone and FP Markets Trading App
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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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What is Pepperstone Premium Client?
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What It Means to be a Professional Client in Pepperstone
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Is Pepperstone a True ECN Broker?
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A Pepperstone Guide to Choose MT4, MT5, or cTrader
Bonus
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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, Pepperstone provides their pricing with Variable spread while Swissquote offers Fixed spread.
Pepperstone vs Swissquote: 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, Pepperstone enables trading with MetaTrader 4, MetaTrader 5, cTrader, TradingView, Social trading, Web. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, Swissquote provides trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5 (Limited with 30 days), Advanced Trader (Limited with 30 days) with the support of One-click trading, Trailing stop, Pending orders.
Is Pepperstone or Swissquote 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, Pepperstone supports trading with Forex, Gold & silver, Crypto, Stocks, CFD, Indexes, Oil, Metals, Energies, Soft Commodities, Agriculture, Spread Betting (only for UK clients), ETF, while Swissquote presents the ability of trading with Forex, Gold & silver, Stocks, Options, Indexes, Crypto, CFD.
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.
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