AMarketsvs
PepperstoneForex Broker Comparison
This comparison pits two ECN-style brokers on trust, cost, and tools. The tension centers on regulation breadth, investor protection, and platform depth.
Our Verdict
Pepperstone winsClear Winner
Pepperstone edges AMarkets on the editorial score. Its broader regulatory footprint and richer platform lineup contribute to the lead.
Pepperstone
4.7/5
AMarkets
3.8/5
Key Differences
- 1Top-tier regulators (FCA/ASIC etc.) vs SVGFSA licensing.
- 2Investor protection and compensation: Pepperstone offers schemes; AMarkets does not.
- 3Platform breadth: Pepperstone includes TradingView and IRESS; AMarkets sticks to MT4/MT5/cTrader.
Who should choose AMarkets vs Pepperstone?
Find out which broker best suits your trader profile.
Choose AMarkets if…
Choose AMarkets if you want 0 pips spreads with $6/lot ECN commissions and 3000:1 leverage.
Choose Pepperstone if…
Choose Pepperstone if you seek top-tier regulation, investor protection, and a broad platform lineup.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
Recommended
AMarkets vs Pepperstone: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.8 / 5▲ |
AMarkets vs Pepperstone Forex Broker Pros & Cons
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
AMarkets vs Pepperstone: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
AMarkets
criteria wins
4
Pepperstone
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AMarkets | Pepperstone |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
AMarkets vs Pepperstone: Frequently Asked Questions
Pepperstone rates 4.7/5 versus 3.8/5 for AMarkets. Pepperstone edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both AMarkets and Pepperstone start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Pepperstone has no minimum deposit, while AMarkets requires at least $100. This makes Pepperstone more accessible for traders with limited starting capital.
Pepperstone holds top-tier regulation (FCA, ASIC, DFSA), providing stronger investor protections. AMarkets 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.
Pepperstone stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets lists maximum leverage of 3000:1, while Pepperstone lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AMarkets charges $6 per lot, lower than Pepperstone's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while Pepperstone supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4. Pepperstone has exclusive access to IRESS and TradingView.
