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Broker Comparison

Pepperstone vs Wealthfront

Compare Pepperstone and Wealthfront 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
Wealthfront

Wealthfront

Hands-off long-term investors

Wealthfront combines automated investing, stock and ETF trading, a cash account, direct indexing and bond ladโ€ฆ

Head-to-head comparison

Pepperstone vs Wealthfront
Feature Pepperstone Wealthfront
Minimum deposit 0 โ‚ฌ โ€”
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 Zero commissions on trades and $1 to start investing
Regulators BAFIN, ASIC, CMA, CYSEC, DFSA, FCA, SCB SEC, FINRA, SIPC, FDIC
Best for Active CFD and forex traders Hands-off long-term investors
Markets & account
Stocks
ETFs
Forex
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CFDs
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Crypto
โ€”
Bonds
โ€”
Futures
โ€”
Margin
โ€”
Multi Currency
โ€”
Business Account
โ€”
Demo Account
โ€”
Funds
โ€”
Fractional Shares
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Ready Made Portfolios
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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
Wealthfront

Wealthfront

Pros

  • Zero commissions on stock and ETF trades
  • $1 minimum for Stock Investing Account
  • Cash Account has zero account fees
  • Free 24/7 instant withdrawals to eligible accounts
  • Up to $8M FDIC insurance through program banks
  • S&P 500 Direct starts at $5,000 with a 0.09% fee
  • Automated Bond Ladder waives advisory fee for 3 months
  • Two out-of-network ATM reimbursements monthly, up to $7.50 each

Cons

  • Automated Investing Account starts at $500
  • S&P 500 Direct requires $5,000 to start
  • Automated Bond Ladder has a 0.15% annual advisory fee
  • 529 plan total fees are 0.39%-0.45%
  • Cash APY can change before or after account opening
  • APY Boost applies only up to a $150,000 balance
  • FDIC coverage starts only after cash reaches program banks
  • Stock Investing Account is not built for options or crypto trading
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.

Wealthfront

Wealthfront

Wealthfront combines automated investing, stock and ETF trading, a cash account, direct indexing and bond ladders with low stated fees.

Your capital is at risk. Other fees apply.

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