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Broker Comparison

Pepperstone vs Trading 212

Compare Pepperstone and Trading 212 side by side: fees, regulation, platforms.

Pepperstone

Pepperstone

Active CFD and forex traders

Pepperstone is a CFD and forex broker with Standard and Razor accounts, 0 โ‚ฌ minimum deposit, and platforms inโ€ฆ

VS
Trading 212

Trading 212

Cost-conscious stock and ETF investors

Trading 212 offers commission-free investing in stocks and ETFs, fractional shares from ยฃ1, multi-currency acโ€ฆ

Head-to-head comparison

Pepperstone vs Trading 212
Feature Pepperstone Trading 212
Minimum deposit 0 โ‚ฌ ยฃ1, โ‚ฌ1, $1
Stock trading fee Australian share CFDs 0.07%; German share CFDs 0.10%; UK share CFDs 0.10%; US share and ETF CFDs 0.02 USD per share โ€”
Regulators BAFIN, ASIC, CMA, CYSEC, DFSA, FCA, SCB FCA, BaFin, CySEC, ASIC
Best for Active CFD and forex traders Cost-conscious stock and ETF investors
Markets & account
Stocks
ETFs
Forex
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CFDs
Crypto
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Futures
โ€”
Margin
โ€”
Multi Currency
Business Account
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Demo Account
โ€”
Fractional Shares
โ€”
Investment Plans
โ€”
Ready Made Portfolios
โ€”
Money Market Funds
โ€”
Isa
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Sipp
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Pros & cons

Pepperstone

Pepperstone

Pros

  • 0 โ‚ฌ minimum deposit on Standard and Razor accounts
  • No account, inactivity or market data fees
  • Razor spreads start from 0.0 points
  • Standard forex account has no commission and spreads from 1 pip
  • Free demo accounts include unlimited virtual capital
  • Most crypto CFDs can be traded 24/7
  • API access and cTrader Automate support custom trading systems
  • Accounts support 10 base currencies

Cons

  • Razor forex commission starts at USD 2.96 per standard lot, per side
  • US share and ETF CFDs cost 0.02 USD per share
  • UK share CFDs cost 0.10% per side
  • Overnight swap costs apply to positions held across days
  • TradingView is not available for Standard CFD accounts
  • Demo accounts expire after 60 or 90 days of inactivity
  • Crypto CFDs do not give ownership of the underlying crypto asset
  • Some demo features, including cTrader Copy Trading, are restricted
Trading 212

Trading 212

Pros

  • Free trading commission reduces dealing costs
  • Free custody keeps ongoing account costs low
  • Fractional shares start from ยฃ1
  • 0.15% FX fee on currency conversions
  • Free bank transfer deposits
  • Trading 212 does not charge withdrawal fees
  • Portfolio transfers are automatic, paperless and free
  • ATM withdrawals are free up to ยฃ400 per month

Cons

  • Card and wallet deposits cost 0.7% after ยฃ2,000 cumulative
  • Physical card costs ยฃ4.95
  • ATM withdrawals above ยฃ400 per month cost 1%
  • UK stamp duty is 0.5% on UK share purchases
  • PTM levy is ยฃ1.5 on UK share trades over ยฃ10,000
  • ADR fees may be $0.01-$0.05 per share each year
  • FINRA fee is $0.000195 per share on US share sales
Pepperstone

Pepperstone

Pepperstone is a CFD and forex broker with Standard and Razor accounts, 0 โ‚ฌ minimum deposit, and platforms including MT4, MT5, cTrader and TradingView.

Your capital is at risk. Other fees apply.

Trading 212

Trading 212

Trading 212 offers commission-free investing in stocks and ETFs, fractional shares from ยฃ1, multi-currency accounts, cash interest, ISA, SIPP and CFD access.

Your capital is at risk. Other fees apply.

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