Eightcap vs Pepperstone Broker Comparison

Home » Eightcap vs Pepperstone Broker Comparison

Are you trying to figure out which is a better broker, Eightcap or Pepperstone? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that Pepperstone is the better of the two. Pepperstone offers 1200+ instruments, licenses from FCA, CySec, ASIC, CIMA, DFSA, SCB, BaFin, and fair trading fees.

In the tables below, you can compare the features of Eightcap and Pepperstone side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked Pepperstone higher than Eightcap.

Methodology:
This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive.
eightcapPepperstone
OPEN ACCOUNTReviewReview
RATING91/10092.5/100
MIN. DEPOSIT100$200$
REGULATED BYuk europe australiauk europe australia cayman-islands
BONUSNo InformationNo Information
MIN. SPREAD00.6
MAX. LEVERAGE1:5001:400 retail, 1:500 pro
CURRENCY PAIRS4062
TRADING INSTRUMENTS2,500+1200+
TRADING PLATFORMSMT4, MT5, WebTraderMT4, MT5, Mobile, CTrader
DEPOSIT METHODSBTC, Tether, PayPal, Debit Card, Credit Card, Skrill, Neteller, POLi Payment, BPAY, Bank Wire Transfer, China UnionPay (uPOP),XPAY Internet Banking and XPAY QR CodeBank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay and more
TYPE OF BROKERSMarket MakerNDD
CUSTOMER SUPPORT24/724/5
LANGUAGE SUPPORT94
ESTABLISHED20092010, HQ in Melbourne
USED BY10,000+ Traders100,000+ Traders

Does Eightcap or Pepperstone have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive Eightcap and Pepperstone are, we first considered the common fees on Standard Accounts. At Eightcap the average spread for the EUR/USD currency pair is 0 pips, whilst at Pepperstone the spread is 0.6.

This shows that Eightcap is the better option for low-cost forex trading.

When it comes to non-trading fees, Eightcap charges for . Pepperstone charges for withdrawal. With this in mind, Eightcap has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that Pepperstone is the better option.

Trading Fees*

TYPE OF FEEEIGHTCAPPEPPERSTONE
Minimum Spread EURUSD (pips)00.6
Commission (%)00
Commission on Islamic Accounts (%)00

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEEEIGHTCAPPEPPERSTONE
Account FeesNN
Inactivity FeesNN
Deposit FeesNN
Withdrawal FeesNY

Which broker is safer, Eightcap or Pepperstone?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

Eightcap is regulated by FCA, CySec, ASIC, SCB and offers client protection. Pepperstone is regulated by FCA, CySec, ASIC, CIMA, DFSA, SCB, BaFin and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that Pepperstone is the safer broker.

Broker summary

EIGHTCAPPEPPERSTONE
Minimum Deposit (USD $)100200
LicensesFCA, CySec, ASIC, SCBFCA, CySec, ASIC, CIMA, DFSA, SCB, BaFin
Max. Leverage1:5001:400 retail, 1:500 pro
Client ProtectionYY
Broker TypeMarket MakerNDD
Number of Instruments2,500+1200+
Currency Pairs4062
Stocks1000+
Cryptocurrencies18
CFDsYY
Proprietary Trading PlatformNN
MT 4YY
MT 5YY
Mobile CompatibleNY
Research ToolsNY
Educational MaterialsNY
Payment MethodsBTC, Tether, PayPal, Debit Card, Credit Card, Skrill, Neteller, POLi Payment, BPAY, Bank Wire Transfer, China UnionPay (uPOP),XPAY Internet Banking and XPAY QR CodeBank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay and more
24/5 Customer SupportYY
Live ChatYY

How many trading instruments are available at Eightcap and Pepperstone?

Eightcap provides traders with 2,500+ instruments. This includes 40 currency pairs, cryptocurrencies, and stocks and shares. With Eightcap, you can also trade CFDs.

In comparison, Pepperstone boasts 1200+ tradable instruments. Pepperstone offers 62 currency pairs, 18 cryptocurrencies, and 1000+ stocks and shares. Pepperstone also allows CFD trading.

As Pepperstone has 1200+ and Eightcap has 2,500+, a difference of 1300, this shows that Pepperstone offers more opportunities to diversify your trading portfolio.

Markets and Products

INSTRUMENTEIGHTCAPPEPPERSTONE
Currency Pairs4062
Commodities17
Precious Metals011
Indices25
Stocks and Shares1000+
Cryptocurrencies18
Options0
ETFs11

Which broker offers the best trading platform, Eightcap or Pepperstone?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

Eightcap provides you with the ability to trade via 3 trading platforms, and Pepperstone has 4 trading platforms. Both brokers also offer research and trading tools, however Pepperstone has more.

Overall, our experts agree that Pepperstone boasts the better trading platform offering.

Research Tools

TOOLEIGHTCAPPEPPERSTONE
News (from top-tier sources)NY
Trading Signals and IndicatorsNY
Trade IdeasNY
Expert AnalysisNY
Autochartist ToolsNY
Sentiment ChartsNY
Economic CalendarNY

Which is better for beginners, Eightcap or Pepperstone?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that Pepperstone is the better broker for beginner traders as it offers a larger range of educational tools and materials. Pepperstone also has a minimum deposit of $.

Educational Features

FEATUREEIGHTCAPPEPPERSTONE
Demo AccountNY
Platform Tutorial VideosNY
Educational PDFsNY
Live WebinarsNY
YouTube VideosNY
Trading AcademyNY
Trading GlossaryNY

Which broker is better overall?

Which broker is better overall?

Overall, our tested reviewing methodology proves that Pepperstone is the better broker in a range of key areas. You can learn more by reading our Eightcap and Pepperstone reviews.

Top 5 Forex Brokers

✅ Accounts: $5K - $300K
✅ Profit Split: 90%
✅ Profit Targets: 10%

✅ Accounts: $4K - $100K
✅ Profit Split: 60-90%
✅ Profit Targets: 10%, 10%, 5%

✅ Accounts: $5K - $200K
✅ Profit Split: 80%
✅ Profit Targets: 8%, 5%

✅ Accounts: $5k - $100k
✅ Profit Split: up to 90%
✅ Profit Targets: 10%

✅ Accounts: $10k - $200k
✅ Profit Split: up to 100%
✅ Profit Targets: 10% (1-step), 8%/5% (2-step)

✅ Accounts: $25k - $200k
✅ Profit Split: 50% - 80%
✅ Profit Targets: 10%

Top Platform in 2024

✅ Accounts: $5K - $300K
✅ Profit Split: 90%
✅ Profit Targets: 10%

✅ Accounts: $4K - $100K
✅ Profit Split: 60-90%
✅ Profit Targets: 10%, 10%, 5%

✅ Accounts: $5K - $200K
✅ Profit Split: 80%
✅ Profit Targets: 8%, 5%

✅ Accounts: $5k - $100k
✅ Profit Split: up to 90%
✅ Profit Targets: 10%

✅ Accounts: $10k - $200k
✅ Profit Split: up to 100%
✅ Profit Targets: 10% (1-step), 8%/5% (2-step)

✅ Accounts: $25k - $200k
✅ Profit Split: 50% - 80%
✅ Profit Targets: 10%

Top Prop Firm in 2024

✅ Accounts: $5K - $300K
✅ Profit Split: 90%
✅ Profit Targets: 10%

✅ Accounts: $4K - $100K
✅ Profit Split: 60-90%
✅ Profit Targets: 10%, 10%, 5%

✅ Accounts: $5K - $200K
✅ Profit Split: 80%
✅ Profit Targets: 8%, 5%

✅ Accounts: $5k - $100k
✅ Profit Split: up to 90%
✅ Profit Targets: 10%

✅ Accounts: $10k - $200k
✅ Profit Split: up to 100%
✅ Profit Targets: 10% (1-step), 8%/5% (2-step)

✅ Accounts: $25k - $200k
✅ Profit Split: 50% - 80%
✅ Profit Targets: 10%