Head to head · data verified August 2026

eToro vs Pepperstone

Pepperstone wins our overall scoring by 0.3 points, but eToro still takes specific profiles.

eToro
Beginners · Copy trading
8.6
Pepperstone
Active forex traders · Scalpers & algo traders
8.9

Pillar scores

eToroPepperstone
FeesPepperstone
7.89.2
PlatformsPepperstone
8.99.3
Trust & regulationTie
9.08.9
Market rangeeToro
8.77.9
SupportPepperstone
7.98.8

Side by side

CriterioneToroPepperstone
Overall score8.68.9
Founded20072010
RegulationFCA (UK), CySEC (EU), ASIC (AU)ASIC (AU), FCA (UK), CySEC (EU), DFSA (AE), BaFin (DE)
Min. deposit$50–$200 (varies by country)$0 (recommended $200+)
Fees0% commission on real stocks; CFD spreads from ~1 pip EUR/USD; $5 withdrawal fee; 1% crypto feeRazor account: spreads from 0.0 pips + ~$3.50/lot commission; Standard: from 1.0 pip, no commission
PlatformseToro web platform, eToro mobile appMetaTrader 4, MetaTrader 5, cTrader, TradingView
Markets5,000+ instruments: stocks, ETFs, crypto, forex, commodities, indices1,200+ instruments: forex, indices, shares, commodities, crypto CFDs
Demo accountYesYes
Best forBeginners, Copy trading, Long-term stock investorsActive forex traders, Scalpers & algo traders

Our verdict

Choose eToro if you want beginners · copy trading · long-term stock investors.

Choose Pepperstone if you want active forex traders · scalpers & algo traders — its standout pillar in our scoring is platforms.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A majority of retail investor accounts lose money when trading CFDs with this provider.

Frequently asked questions

Which is better, eToro or Pepperstone?

Pepperstone scores higher overall in our methodology (8.9 vs 8.6). eToro can still be the better pick for beginners.

Is eToro safe?

eToro is overseen by FCA (UK), CySEC (EU), ASIC (AU). Our trust score for it is 9.0/10 — see the full eToro review for the reasoning.

Is Pepperstone safe?

Pepperstone is overseen by ASIC (AU), FCA (UK), CySEC (EU), DFSA (AE), BaFin (DE). Our trust score for it is 8.9/10 — see the full Pepperstone review for the reasoning.