In this stock-focused broker comparison, ActivTrades emphasizes its proprietary platform and regulatory protections, while Pepperstone emphasizes breadth of platforms and global regulator coverage.
ActivTrades and Pepperstone are closely matched, with ActivTrades offering a proprietary platform Pepperstone lacks.
Find out which stock broker best suits your investing profile.
Choose ActivTrades if…
Choose ActivTrades if you value a proprietary platform and responsive phone support.
Choose Pepperstone if…
Choose Pepperstone if you want a wide platform suite including MT4, MT5, cTrader, and TradingView.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Pepperstone wins for safety and regulation with a broader multi-regulatory footprint across several authorities.
| Editorial score | 3.7/ 5 | 3.9/ 5 |
|---|---|---|
| Min deposit | No minimum | No minimum |
| Spreads from | 0.5 pips | 0 pips▼ lower |
| Commission / lot | N/A | $7/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ActivTrades | Pepperstone |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
The scores are close: ActivTrades rates 3.7/5 and Pepperstone rates 3.9/5. 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 tighter spreads from 0, compared with ActivTrades's 0.5. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
Neither ActivTrades nor Pepperstone requires a minimum deposit, making both accessible regardless of starting capital.
Both ActivTrades and Pepperstone hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
ActivTrades lists maximum leverage of 20:1, while Pepperstone lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Pepperstone charges $7 per trade on commission-based accounts. Commission details for ActivTrades are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
ActivTrades supports MetaTrader 4, ActivTrader, while Pepperstone supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 4. ActivTrades has exclusive access to ActivTrader. Pepperstone has exclusive access to cTrader and IRESS and MetaTrader 5 and TradingView.
Neither ActivTrades nor Pepperstone is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both ActivTrades and Pepperstone are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
Pepperstone wins for active traders due to multiple platforms and DMA access.
ActivTrades is better for beginners due to simpler platform choice and phone support.
ActivTrades offers access to more exchanges, aiding global market reach.
ActivTrades wins with no commission on standard accounts, lowering ongoing costs versus Pepperstone's per-trade fees.
Equally matched; neither offers real ownership, ISA/SIPP, or dividend reinvestment.
| N/A |
| 0.7 pips |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPal | Bank transferCredit cardDebit cardPayPalSkrill |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FCA CMVM SCB | FCA ASIC DFSA FMA BaFin CySEC |
|---|
| Platforms | MetaTrader 4 ActivTrader | cTrader IRESS MetaTrader 5 TradingView MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
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