This comparison pits a VARA-regulated crypto exchange against a regulated crypto CFD broker spanning major platforms. It tests security, asset depth, and fee structure across native vs CFD models.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX if you want an own native exchange with 700+ assets. You also gain monthly proof of reserves and copy trading with full strategy transparency.
Choose if…
Choose Pepperstone if you want regulated oversight from top-tier authorities. You also benefit from segregated client funds and extensive crypto CFDs across MT4/MT5, cTrader, and TradingView.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 4.0/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | 0 pips |
| Taker Fee | 0.10%▼ lower | 7.00% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | Pepperstone |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Fail |
The scores are close: BingX rates 3.9/5 and Pepperstone rates 4/5. Pepperstone has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Pepperstone lists a spread from 0. Current spread data is not available for BingX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither BingX nor Pepperstone requires a minimum deposit, making both accessible regardless of starting capital.
Pepperstone holds top-tier regulation (ASIC, CySEC, FCA), providing stronger investor protections. BingX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, Pepperstone provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each exchange's site before deciding.
BingX offers up to 150:1 on perpetual or margin products, versus Pepperstone's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
BingX charges $0.1 per trade, lower than Pepperstone's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while Pepperstone supports IRESS, TradingView, cTrader, MetaTrader 4, MetaTrader 5. BingX has exclusive access to Proprietary Web/Mobile. Pepperstone has exclusive access to IRESS and TradingView and cTrader and MetaTrader 4 and MetaTrader 5.
BingX lists 500+ coins while Pepperstone does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
Pepperstone wins security due to top-tier regulators and segregated client funds.
BingX wins with transparent futures maker/taker fees of 0.02%/0.05%.
BingX wins for beginners with a $0 min deposit and copy trading.
Equally matched; neither offers DeFi, NFT trading, or staking.
| N/A |
| 0.7 pips |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit cardPayPalSkrill |
|---|
| Withdrawal methods | CryptoBank transfer | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | VARA | ASIC CySEC FCA DFSA BaFin FMA |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | None |
|---|
Pepperstone holds top-tier regulators that provide broader oversight, while BingX is VARA-regulated. The two remain closely matched on most other criteria.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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