The trading platforms, rules, tradable assets, fees, customer service, and overall trading experience will all get compared between Pepperstone and ActivTrades in this article. Additionally, we'll investigate if Pepperstone is superior to ActivTrades and vice versa. This comparison will assist you in determining which broker best fits your tastes and trading style.
Established in 2010, Pepperstone is an FX and CFD broker with headquarters in Australia, providing worldwide online trading services. Pepperstone provides a group of trading tools, lightning-fast executions, and affordable trading costs thanks to its technology backbone. It has over 400,000 global clientele and is regulated in seven jurisdictions.
ActivTrades is an online broker that provides MT4, MT5, and the proprietary ActivTrader web and mobile trading platforms. In 2007, MetaTrader 4 got implemented by the firm. 2008 saw the addition of CFDs on commodities and indices to its menu. Concerning your own trading and investing possibilities, ActivTrades provides more than 45 currency pairs, indexes, ETFs, and CFDs on shares and commodities.
As a trading expense, spreads are best when they are small traders. However, because not all brokers openly post their spread statistics, it might be tough to spread information among brokers.
Traders can still select the brokers of their choice based on the spread type. Fixed and variable spreads are the two most common varieties. Every trader will see different benefits and drawbacks from the two spreads. In this instance, Pepperstone provides variable spread pricing, but ActivTrades does not.
ActivTrades offers just one primary account type, referred to as its "Individual Account." Additionally, traders may practice trading without jeopardizing their money by using a demo account.
The primary distinction, shared by massive trading accounts billed as "professional accounts," is the reduced margin requirements, which may affect the leverage you can use. For religious reasons, ActivTrades' Islamic Account option gets made to comply with Sharia law. Nevertheless, commissions and other costs at ActivTrades get determined by the assets you trade, and the platforms you choose will determine which specific assets are available.
Over the past fifteen years, multi-asset internet brokers such as Pepperstone have grown significantly. By reducing trading costs, doing away with the requirement for broker-assisted trade placements, and giving ordinary traders more access to the financial markets, they have upended traditional full-commissioned brick-and-mortar brokers.
The current trading revolution is still driven by technology and scalability; algorithmic trading accounts for more than 60% of stock trading and more than 80% of daily Forex deals. With VPS hosting and API trading, Pepperstone offers algorithmic traders a cutting-edge trading environment. The Forex market, where Pepperstone provides more than 60 currency pairings and achieves broad-based industry coverage, is still at the heart of the global financial system, with a daily turnover of around $7 trillion.
Online brokers have reduced trading expenses, but for traders to fully appreciate what they have to pay, why they have to pay, and how those costs stack up against those of other brokers, they need to understand Pepperstone fees. Trading and non-trading fees are the two types of trading expenses that brokers charge. Who has the best trading platform? The trading platform is essential as a transaction cannot get finalized without it. Trading platforms also offer a range of analytical tools and price charts to assist traders in implementing their plans.
Trading with MetaTrader 4 (limited to 30 days), MetaTrader 5 (limited to 30 days), and ActivTrader is made possible by ActivTrades to assist its clients. Trailing stops, pending orders, and one-click trading get for this offer. Pepperstone, in contrast, offers trading via cTrader, TradingView, MetaTrader 4, MetaTrader 5, Web, One-click trading, Trailing stop, and Pending orders.
The fact that forex brokers provide trading options outside currency pairings is well-known. The offer provides traders with intriguing options to diversify their trading portfolios and investigate different marketplaces that can advantage them. In this instance, Spread Betting (exclusive to UK clients) and Forex, Gold & Silver, Crypto, Stocks, CFD, Energies, Oil, Metals, Soft Commodities, Agriculture, and Crypto get supported by ActivTrades, Pepperstone offers all of the above.
In conclusion, your consideration will ultimately determine which broker is preferable. Selecting a broker with a variable spread, cheaper than a fixed spread, is preferable if you are an active trader. MetaTrader 4 is the standard trading platform that all traders should use. Nonetheless, pick the broker that offers substitute platforms if you'd use a more sophisticated one and have a different experience. In the same way, look for a broker that offers a massive selection of trading instruments if you want to try your hand at exploring other markets.
