Pepperstone vs Vantage

Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.

Pepperstone

Australian broker with strong platform choice and tight pricing.

ForexIndicesCommoditiesSharesCrypto
Read the Pepperstone review
Vantage

A Raw ECN account from $50 with US$3 per side, plus Standard STP, Pro ECN, Cent and Swap Free.

ForexIndicesCommoditiesSharesETFsBondsGold
Read the Vantage review
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DetailPepperstoneVantage
RegulationFCA, ASIC, CySEC and others by entity — confirm which applies to youVantage, CIMA Cayman Islands SIBL 1383491 · Vantage Global Limited, VFSC Vanuatu · Vantage FX Pty Ltd, ASIC AR 343547 · UK site run separately by Vantage Global Prime LLP under the FCA
Minimum DepositNo fixed minimumUS$50 (Raw ECN)
Max LeverageVaries by entity
Spread FromFrom 0.0 pips on Razor0.0 pips (Raw ECN)
CommissionFrom $3.5 per lot per sideRaw ECN: US$3.00 per standard lot per side
PlatformsMT4, MT5, cTrader, TradingViewMetaTrader 4, MetaTrader 5, Vantage App, Vantage Web Trading
Account TypesStandard, RazorStandard STP, Raw ECN, Pro ECN, Cent, Swap Free
Funding MethodsCard, Bank transfer, PayPal, Skrill, Neteller
Withdrawal Time1-3 business days
Founded2010
Countries170+

What the figures say

  • Minimum Deposit: Pepperstone lists No fixed minimum; Vantage lists US$50 (Raw ECN).
  • Pepperstone publishes its max leverage (Varies by entity); Vantage does not state one on the pages we read.
  • Spread From: Pepperstone lists From 0.0 pips on Razor; Vantage lists 0.0 pips (Raw ECN).
  • Commission: Pepperstone lists From $3.5 per lot per side; Vantage lists Raw ECN: US$3.00 per standard lot per side.
  • Platforms: Pepperstone lists MT4, MT5, cTrader, TradingView; Vantage lists MetaTrader 4, MetaTrader 5, Vantage App, Vantage Web Trading.
  • Account Types: Pepperstone lists Standard, Razor; Vantage lists Standard STP, Raw ECN, Pro ECN, Cent, Swap Free.
  • Pepperstone publishes its funding methods (Card, Bank transfer, PayPal, Skrill, Neteller); Vantage does not state one on the pages we read.
  • Pepperstone publishes its withdrawal time (1-3 business days); Vantage does not state one on the pages we read.
  • Pepperstone also lists Crypto.
  • Vantage also lists ETFs, Bonds, Gold.

A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.

Pepperstone: why traders choose it

  • TradingView integration for charting and execution in one place
  • Razor account offers spreads from 0.0 pips
  • No fixed minimum deposit
  • Strong regulatory coverage across several regions
  • Well regarded customer support

Vantage: why traders choose it

  • Raw ECN account from a US$50 minimum with spreads from 0.0 and US$3.00 per lot per side
  • No deposit fees on the Raw ECN account
  • Five account types, including a Cent account and a Swap Free account
  • Gold CFDs tradable around the clock, beyond normal market hours
  • Bonds and ETFs alongside forex, indices, commodities and shares
  • Vantage App and web trading in addition to MetaTrader 4 and 5

Pepperstone pros

  • TradingView trading built in
  • Tight Razor spreads
  • Broad regulatory footprint
  • No minimum deposit requirement

Pepperstone cons

  • Commission applies on the tightest account
  • Standard account pricing is average
  • Instrument list is smaller than some rivals
  • Crypto availability depends on region

Vantage pros

  • A $50 raw-spread account is unusual; most brokers ask $100 to $200 for that pricing
  • The international site states clearly that it is not the FCA-regulated UK business, rather than blurring the two
  • Cayman and Australian entities are named with their registration numbers

Vantage cons

  • The international entities are in the Cayman Islands and Vanuatu; the FCA and ASIC protections belong to other Vantage companies
  • Standard STP and Pro ECN pricing was not on the page we read
  • Leverage caps differ sharply by entity and were not stated on this page

About Pepperstone

Pepperstone pairs competitive ECN pricing with the widest platform choice of the major brokers, including TradingView.

About Vantage

Vantage's international site offers Standard STP, Raw ECN, Pro ECN, Cent and Swap Free accounts. The Raw ECN account opens from US$50 with spreads from 0.0 and a US$3.00 per side commission. The international business is regulated in the Cayman Islands and Vanuatu, separately from Vantage's FCA and ASIC entities.

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How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.