Pepperstone and FP Markets may be comparable in terms of being ASIC-regulated brokers, but how about their apps for mobile trading?

Pepperstone Vs FP Markets App

Forex trading used to be an exclusive type of investment that must be carried in a specific place at the appropriate time, but ever since online trading emerged, these barriers have been broken down and a much wider audience is now able to access financial markets rather easily. Even more, mobile trading has brought the convenience to a completely different level.

But before we dive into mobile trading, it's important to know that not all mobile trading apps are the same. While the main purpose is always to conduct trades, other features may vary between products. Therefore, it's crucial to take a look around to see which app best suits you and your needs.

In this article, we're going to compare trading apps offered by Pepperstone and FP Markets, two of the most prominent forex brokers from Australia. We'll discuss the strengths as well as the downsides of each app, and see who the app is best for.

 

Pepperstone Trading App

Pepperstone is a popular, regulated broker that is based in Australia. The company offers several trading platforms to cater to the needs of different traders, namely MetaTrader 4, MetaTrader 5, and cTrader. Aside from the desktop and web versions, Pepperstone also provides access to the mobile version of these platforms for both Android and Apple users.

Pepperstone cTrader in particular is an intuitive, user-friendly trading app that's excellent for both novice and experienced traders. It offers advanced trading capabilities such as fast execution orders, coding customization, interactive charts, and plenty of education and analysis materials. The app is available in 23 languages, including English, Russian, French, Spanish, German, etc. On top of it all, traders can easily trade multiple assets as well as manage their positions from a single app.

Pepperstone Mobile App

 

Main Features and Benefits

  • Large range of trading indicators.
  • One app for all trading accounts, easily switch between Pepperstone accounts with a single click.
  • The possibility to open multiple take-profit orders.
  • Sophisticated technical analysis tools, equipped with advanced settings for indicators and drawings.
  • Detailed trade analysis feature.
  • Various payment methods.
  • Optimized symbol watchlists, allow you to save your favorite symbols.
  • 23 languages supported.
  • Push and email alert configuration.
  • Advanced platform customization with cTrader Automate.
  • Copytrade feature that allows traders to choose strategies to copy.

 

FP Markets Trading App

Founded in 2005, FP Markets is a well-established broker that's regulated by ASIC of Australia, CySEC of Cyprus, and FSCA of South Africa. The broker offers three trading platforms, namely MetaTrader 4, MetaTrader 5, and IRESS that can be accessed via desktop and webtrader. In 2021, FP Markets launched its new mobile trading app, available for both Android and Apple users.

FP Markets Trading App is a well-designed app that allows traders to trade on the go, anywhere, and at any time. Aside from that, traders can also use the app to conduct research and technical analysis using a bunch of trading tools. To enjoy all the benefits, you simply need to log in to the app using your MetaTrader account credentials.

FP Markets Mobile App

 

Main Features and Benefits

  • 60+ currency pairs featuring all major currency pairs.
  • CFD trading on a wide range of shares, indices, and commodities.
  • Trade some of the most well-known cryptocurrency CFDs like Bitcoin, Ethereum, Ripple, and more.
  • Advanced charting tools and technical indicators.
  • Create, edit, and customize the favorites menu.
  • 24/7 multilingual customer support within the mobile app.
  • Browser access through the mobile web version.
  • Large options of payment methods.
  • Optional demo account with no minimum deposit.
  • Auto open and close positions.

 

Comparison Table

Features Pepperstone FP Markets
⭐Google Play Rating 4.1/5 4.4/5
⬇️Number of Downloads +100k users +100k users
📳Android Users ✔️ ✔️
📱iOS Users ✔️ ✔️
 Available Instruments +1,200 +10,000
💲Minimum Deposit $200 $100
⏰Price Alerts ✔️ ✔️
📆Forex Calendar ✔️ ✔️

 

Conclusion: Which One is Better?

With mobile technology advancing everywhere, it's only natural that mobile trading becomes more popular among investors all around the world. We can expect the markets to grow in the future as more people download the apps that suit their needs. Based on the explanation above, we can conclude that both Pepperstone and FP Markets offer trading apps that are highly accessible and user-friendly. 

If we look at the number of markets to trade, FP Markets takes the upper hand with its 10,000 instruments. This makes it a great choice for those who have a large portfolio and like to trade multiple assets. On the other hand, Pepperstone offers a highly customizable app with plenty of additional features like copy trade, charts, and indicators. This makes it suitable for both novice and experienced traders.

Overall, both trading apps are worth a shot. Pepperstone and FP Markets are two reliable brokers with more than a decade of experience in the industry, so safety shouldn't be your primary concern here. Instead, make your choice based on your trading style and needs. Make sure to read all the pros and cons of each app before proceeding to the registration step.

 

Did you know that aside from their mobile apps, Pepperstone and FP Markets are also competitive in the way they provide the best conditions for certain instruments? Let's check out one good example of it in FP Markets Vs Pepperstone for Cryptocurrency Trading.