Admirals vs Pepperstone 2024

Admirals is not publicly traded and does not operate a bank. Admirals is authorised by four Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). Admirals is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Canadian Investment Regulatory Organization (CIRO), Financial Conduct Authority (FCA), and regulated in the European Union via the MiFID passporting system.

Pepperstone is not publicly traded and does not operate a bank. Pepperstone is authorised by three Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 (High Risk). Pepperstone is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and regulated in the European Union via the MiFID passporting system.

Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.

Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.

To open a trading account with Admirals, you'll need to make an initial minimum deposit of $100.

Pepperstone requires a minimum deposit of $200 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both Admirals and Pepperstone offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Pepperstone offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Admirals holds 4 global Tier-1 licenses, while Pepperstone holds 3. Admirals holds 3 global Tier-2 licenses, while Pepperstone holds 2.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Pepperstone (95) earned a higher Trust Score than Admirals (93).

To compare the trading platforms of both Admirals and Pepperstone, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Admirals offers a better experience. With research, Pepperstone offers superior market research. Finally, we found Pepperstone to provide better mobile trading apps.

Here’s what trading platforms are available at Admirals:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at Pepperstone:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - Yes
• DupliTrade - Yes
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - Yes

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both Admirals and Pepperstone offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Admirals and Pepperstone both offer copy trading.

Admirals provides traders 82 currency pairs (e.g., EUR/USD) compared to Pepperstone's 62 available pairs. If you are interested in trading CFDs, Admirals offers traders access to 8702 CFDs, while Pepperstone offers access to 2342 CFDs; so Admirals offers 6360 more CFDs than Pepperstone.

We found in our testing that Admirals offers a more diverse selection of investment options than Pepperstone, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD), Cryptocurrency (Derivative), Social Trading / Copy Trading and Spread Betting. Neither have Cryptocurrency (Physical).