In our broker comparison we compare criteria across Pepperstone vs Vantage Markets to give you a complete comparison, ultimately recommending which broker is the better option. Let’s dive in!
Pepperstone vs Vantage Markets Comparison
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| Pepperstone VS Vantage Markets | 
First | 
Second | |
|---|---|---|---|
| Regulation | FCA, ASIC, CySEC, SCB, BaFin | FCA, ASIC | |
| Number of Instruments | 1200+ | 1000+ | |
| MT4 | |||
| MT5 | |||
| cTrader | |||
| Proprietary Platform | |||
| TradingView Integration | |||
| Commission (Forex) | £5 per lot (Razor Account) | £6 per lot (Raw Account) | |
| Spreads | From 0.0 pips (Razor) | From 0.0 pips (Raw) | |
| Free VPS Access | |||
| Islamic Accounts | |||
| Customer Service | 24/5, multilingual | 24/5, multilingual | |
| Education | Moderate | Strong | |
| Copy Trading | |||
| Deposit Requirements | None | $200 | |
| Join Pepperstone | Join Vantage |
If you are new here, these brokers were compared across 11 different criteria which we will explore now, they are:
- Trading Instruments – The variety and number of tradable assets, including forex, indices, commodities, shares, ETFs, and cryptocurrencies.
- Account Types – The types of accounts offered to suit different trading styles and levels of experience, such as Standard, Razor, or Islamic accounts.
- Spreads and Commissions – The structure of spreads (fixed or variable) and any commissions charged on trades.
- Platforms – Availability of trading platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and proprietary platforms.
- Automated Trading and Copy Trading – The support for automated trading using Expert Advisors (EAs), as well as any social trading or copy trading features.
- Execution Speed – How fast orders are executed and the type of execution provided (e.g., ECN, STP, or dealing desk).
- Educational Resources – Availability of educational content like webinars, tutorials, articles, and analysis to support traders.
- Customer Support – Quality and accessibility of customer service through live chat, phone, or email.
- Deposit and Withdrawal – Payment methods available and any fees related to deposits or withdrawals.
- Regulation – The regulatory bodies overseeing the broker, ensuring security and transparency for traders.
- VPS Access and Automated Trading – Support for VPS hosting, crucial for running automated trading strategies with minimal latency.
1. Trading Instruments
Winner: Pepperstone
Pepperstone:Over 1,200 instruments including forex, indices, commodities, shares, ETFs, and cryptocurrencies. This extensive range of instruments provides ample trading opportunities for various trading strategies.
Vantage Markets: More than 1,000 instruments available, including forex, commodities, indices, and shares CFDs, offering competitive access to global markets.
2. Account Types
Winner: Draw
Pepperstone: Three account types: Razor, Standard, and Swap-free (Islamic) accounts. The Razor account, designed for scalpers and high-frequency traders, offers tight spreads with a commission. The Standard account has wider spreads but no commission.
Vantage Markets: Offers Standard, Raw, and Islamic accounts, similar to Pepperstone. Raw accounts cater to traders who need lower spreads and are willing to pay a commission, while Standard accounts are more accessible for beginners.
3. Spreads and Commissions
Winner: Pepperstone
Pepperstone: Known for its Razor account, which offers spreads starting from 0.0 pips and a commission of £5 per lot on forex. Standard accounts have zero commission but wider spreads. Ideal for both algorithmic traders and discretionary traders
Vantage Markets: Raw accounts have 0.0 pips spreads and a commission of £6 per lot. Standard accounts are commission-free but come with wider spreads. Overall, Vantage’s pricing is competitive, though Pepperstone’s Razor account offers tighter spreads in certain markets.
4. Platforms
Winner: Pepperstone
Pepperstone: Supports MT4, MT5, cTrader, and TradingView. MT4 is popular for EA (Expert Advisors) and automated trading, while MT5 offers advanced features like DOM (Depth of Market) and multi-asset trading. cTrader stands out for its direct market access and Level II pricing. TradingView integration allows traders to execute trades directly from charts.
Vantage Markets: Primarily offers MT4, MT5, and TradingView ProTrader. It doesn’t support cTrader, but its ProTrader platform (powered by TradingView) delivers strong charting and analytical tools. The platform is also suitable for automated trading via SmartTrader Tools and Zulutrade integration.
5. Automated Trading and Copy Trading
Winner: Vantage Markets
Pepperstone: Supports automated trading via MT4 and MT5, with Expert Advisors (EAs) and cAlgo on cTrader. However, it does not offer built-in social or copy trading functionality.
Vantage Markets: In addition to supporting automated trading via MT4/MT5, Vantage offers built-in copy trading features, allowing users to follow professional traders’ strategies directly.
6. Execution Speed
Winner: Pepperstone
Pepperstone: Offers ECN-like execution with no dealing desk intervention, ensuring fast execution with minimal slippage.
Vantage Markets: Also provides an ECN-like environment with no dealing desk execution, but Pepperstone is generally regarded to have a slight edge in execution speed.
7. Educational Resources
Winner: Vantage Markets
Pepperstone: Offers comprehensive educational content, including video tutorials, e-books, webinars, and in-depth market analysis.
Vantage Markets: Offers stronger educational resources, particularly for beginner traders, including webinars, trading courses, and market insights
8. Customer Support
Winner: Draw
Pepperstone: Offers 24/5 customer support via live chat, phone, and email, with a highly rated service team.
Vantage Markets: Also provides 24/5 support with similar channels, but Pepperstone’s support tends to get slightly better reviews in terms of response time and quality.
9. Deposit and Withdrawal
Winner: Pepperstone
Pepperstone: No minimum deposit required, offering free deposits and a wide range of methods, including bank transfer, credit/debit cards, PayPal, and other e-wallets.
Vantage Markets: Requires a minimum deposit of 200 USD, with free deposits on most methods, but some withdrawal methods may incur small fees.
10. Regulation
Winner: Pepperstone
Pepperstone: Highly regulated by FCA, ASIC, CySEC, BaFin, and SCB. These top-tier regulatory bodies ensure that Pepperstone complies with stringent standards, offering a secure and transparent trading environment. It also offers negative balance protection and segregates client funds
Vantage Markets: Regulated by FCA and ASIC, providing similar security guarantees like negative balance protection and segregated client funds, ensuring the safety of traders’ capital.
11. VPS Access and Automated Trading
Winner: Draw
Pepperstone: Offers free VPS to high-volume traders using MT4, MT5, or cTrader. The VPS is ideal for running Expert Advisors (EAs) and other algorithmic trading strategies.
Vantage Markets: Provides free VPS access for eligible traders, particularly those running automated strategies on MT4 or MT5. It also supports Zulutrade for social trading.
Verdict: Which is Better Pepperstone or Vantage Markets?
Both Pepperstone and Vantage Markets offer excellent platforms for traders, but Pepperstone stands out for advanced traders due to its broader platform support (MT4, MT5, cTrader) and tighter spreads on the Razor account, making it ideal for scalping and high-frequency trading. Its extensive regulatory oversight and fast execution speeds ensure reliability and trust, particularly for traders looking for low-latency environments.
While Vantage Markets is also a strong contender with great educational resources and a competitive fee structure, it lacks support for cTrader, which might limit its appeal to those who prioritize platform variety. However, it is particularly suited to beginners who value education and a straightforward interface.
For traders seeking flexibility, fast execution, and the ability to use multiple platforms (especially cTrader), Pepperstone is the clear recommendation.
James is a former FTSE100 AI Director and trader with 10+ years trading his own capital. He is the Managing Director of SpreadBet.AI and currently trades his own capital through both CFD trading & spread betting as well as working with one of the leading prop firms in the world.
