ATFX vs Pepperstone: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 3.7/ 5 | 3.9/ 5 |
| Min deposit | No minimum | No minimum |
| Spreads from | 1.8 pips | 0 pips▼ lower |
| Commission / lot | N/A | $7/lot |
Find out which stock broker best suits your investing profile.
Choose if…
Choose ATFX if you value phone support and access to more exchanges.
Choose if…
Choose Pepperstone if you value 24/5 live chat support and a broader regulatory footprint.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Pepperstone wins for safety and regulation thanks to its multiple regulators (FCA, ASIC, CySEC, BaFin, FMA, DFSA).
| | |
|---|---|---|
| Editorial score | 3.7/ 5 | 3.9/ 5 |
| Min deposit | No minimum | No minimum |
| Spreads from | 1.8 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 | ATFX | 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 | Fail | Pass |
| Phone support | Pass | Fail |
The scores are close: ATFX 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 ATFX's 1.8. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
Neither ATFX nor Pepperstone requires a minimum deposit, making both accessible regardless of starting capital.
Both ATFX 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.
ATFX lists maximum leverage of 400:1, 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 ATFX 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.
ATFX supports MetaTrader 4, while Pepperstone supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 4. Pepperstone has exclusive access to cTrader and IRESS and MetaTrader 5 and TradingView.
Neither ATFX 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 ATFX 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 with MT4/MT5, cTrader, TradingView, and IRESS DMA access.
equally matched
Pepperstone wins for global market access, offering 1,000+ stock CFDs and broader regulator coverage.
equally matched
equally matched
| N/A |
| 0.7 pips |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardPayPalSkrill |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | 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 FSCA CySEC | FCA ASIC DFSA FMA BaFin CySEC |
|---|
| Platforms | MetaTrader 4 | cTrader IRESS MetaTrader 5 TradingView MetaTrader 4 |
|---|
ATFX and Pepperstone clash in a stocks CFD comparison. The axis of tension centers on support channels and market access.
ATFX and Pepperstone are closely matched, but Pepperstone provides 24/5 live chat while ATFX does not.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
Score 3.9 / 5
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