Pepperstone Alternatives - Better Forex Brokers for 2024
Find out the major disadvantages of Pepperstone Forex Brokers and alternatives with lower fees and more security. Unbiased Pepperstone Alternatives reviews.
So which brokers are better than Pepperstone? Want to jump straight to the answer? OspreyFX is the best alternative broker to Pepperstone in 2024 .

3.9 / 5

Rating breakdown

Security
100%
5.0/5
Ease of Use
80%
4.0/5
Tradable Assets
50%
2.5/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
70%
3.5/5
Support
70%
3.5/5

Things we didn't like:

 Mostly CFDs offered
 MetaTrader platform is basic
 Slow live chat

Why would you want an alternative to PEPPERSTONE?

You might consider seeking an alternative to Pepperstone for several reasons. Although Pepperstone provides a range of educational materials, these resources are only average compared to category leaders, which might not meet the needs of traders seeking more comprehensive educational support. Additionally, Pepperstone offers 62 forex pairs, which is fewer than some of its competitors, potentially limiting opportunities for forex traders. The absence of a proprietary trading platform might also be a drawback for traders who prefer or rely on unique, in-house platform features. Finally, while Pepperstone offers 2,342 tradeable symbols, this number is below the industry average, possibly restricting the diversity of trading opportunities.

What to look for in a PEPPERSTONE Alternative?

When searching for an alternative to Pepperstone, it's important to find a broker that excels in the areas where Pepperstone falls short. Look for brokers that provide superior educational materials to support your trading journey more effectively. A broker offering a broader range of forex pairs can provide more opportunities for forex trading. Additionally, consider brokers that offer a proprietary trading platform, which can offer unique features and a tailored trading experience. Lastly, finding a broker with a larger selection of tradeable symbols will allow for greater diversification and more trading opportunities. By focusing on these aspects, you can identify a broker that better suits your trading needs.

Best PEPPERSTONE alternatives – forex brokers like (or better than) PEPPERSTONE

Best Pepperstone Alternatives

4.3 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
80%
4.0/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
80%
4.0/5
Trading Fees
100%
5.0/5
Support
80%
4.0/5

Things we liked:

 Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 Absence of a direct telephone number for customer support
 Ospreyfx is not a fully licensed and regulated broker

#1
OspreyFX Overview

Named after the very large, distinctively shaped, fish preying hawk, which suitably decorates the brand’s logo, OspreyFX is a relatively new entrant in the world of forex brokerages, aiming to offer existing and aspiring traders an innovative venue in which they can satisfy all their trading needs, including the trading of cryptocurrencies.

4.2 / 5

Rating breakdown

Security
70%
3.5/5
Ease of Use
90%
4.5/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
80%
4.0/5
Support
60%
3.0/5

Things we liked:

 AvaTrade has low trading fees
 The account opening is user-friendly and fast
 It offers a lot of deposit and withdrawals options free of charge

Things we didn't like:

 The product portfolio is limited as it offers only CFDs, forex, and cryptos
 The research tools are limited

#2
AvaTrade Overview

Since its establishment in 2006, AvaTrade has expanded to 11 countries and offers an array of trading platforms for web, desktop, and mobile use. It facilitates trading in spot forex, forex options, and CFDs across various asset classes, including cryptocurrencies. AvaTrade boasts 300,000 registered traders executing over 3 million trades monthly, with a total traded value exceeding $1.47 trillion.

4.0 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
100%
5.0/5
Tradable Assets
50%
2.5/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
80%
4.0/5
Support
70%
3.5/5

Things we liked:

 XM has low trading fees
  The account opening is user-friendly and fast
 Lots of educational tools

Things we didn't like:

 XM has a limited product portfolio
 The research tools are limited
 It charges inactivity fees

#3
XM Overview

XM is a CySEC, ASIC and IFSC regulated, multi-asset class broker offering to trade on more than 1,000+ tradable CFD’S on Forex, Stocks, Commodities, Indices, Metals and Energies on the globally-recognised trading platforms MetaTrader 4 and MetaTrader 5 for PC, Mac, Web, iOS and Android systems.

Pepperstone Alternatives Frequently Asked Questions (FAQs):

Are there any sites like Pepperstone?
Yes, there are many sites offering similar services like Pepperstone. Those include OspreyFX, XM, FxPro and many more. If you are to look for an alternative to Pepperstone for your forex trading needs, then you must make sure it is one with a better offering.
Who are Pepperstone Top Competitors?
Pepperstone 's top competitors in July 2024 are: OspreyFX, AvaTrade, XM and more. OspreyFX is currently rank as the number one on the list of top Forex brokers.

Are you Satisfied with what They Offer?