Pepperstone vs Vantage Markets: costs, regulation and platforms compared
For a standard lot of EUR/USD, Pepperstone costs $8.00 all-in in the EU; Vantage Markets does not take clients in the EU; Pepperstone ranks #1 of 7 ranked brokers there.
For a standard lot of EUR/USD, Pepperstone costs $8.00 all-in and Vantage Markets $7.00 in the UK; Pepperstone ranks #1 and Vantage Markets #7 of 8 ranked brokers there.
For a standard lot of EUR/USD, Pepperstone costs $8.00 all-in and Vantage Markets $7.00 in Australia; Pepperstone ranks #1 and Vantage Markets #7 of 8 ranked brokers there.
For a standard lot of EUR/USD, Pepperstone costs $8.00 all-in and Vantage Markets $7.00 in other countries; Pepperstone ranks #1 and Vantage Markets #10 of 13 ranked brokers there.
| Measure | Pepperstone | Vantage Markets Not available in the EU |
|---|---|---|
| BrokersNest score and rank | 91.78/100 · #1 of 7 in the EU (higher score) | 70.13/100 |
| All-in cost per lot (EUR/USD) | $8.00 | — |
| Typical spread + commission | 0.1 pips + $7.00 commission (Razor) | — |
| Minimum deposit | No minimum (recommended $200) | $50 |
| Max. leverage (retail) | 1:30 | — |
| Regulator and entity | Pepperstone EU Limited · CySEC 388/20 | — |
| Platforms | MT4 · MT5 · cTrader · TradingView · Pepperstone Platform | MT4 · MT5 · ProTrader (TradingView-powered) · Vantage app |
| Instruments | 1,300+ | 1,000+ |
| Hedging | Available | Available |
| Scalping | Available | Available |
| Demo account | Unlimited | 30 days |
| Withdrawal payout | 1 business day | 1–2 business days |
| Data verified | 21 Sep 2026 | 21 Sep 2026 |
Not linked from your region.
| Measure | Pepperstone | Vantage Markets |
|---|---|---|
| BrokersNest score and rank | 91.78/100 · #1 of 8 in the UK (higher score) | 70.13/100 · #7 of 8 in the UK |
| All-in cost per lot (EUR/USD) | $8.00 | $7.00 (lower cost) |
| Typical spread + commission | 0.1 pips + $7.00 commission (Razor) | 0.1 pips + $6.00 commission (Raw ECN) |
| Minimum deposit | No minimum (recommended $200) | $50 |
| Max. leverage (retail) | 1:30 | 1:30 |
| Regulator and entity | Pepperstone Limited · FCA 684312 | Vantage Global Prime LLP · FCA 590299 |
| Platforms | MT4 · MT5 · cTrader · TradingView · Pepperstone Platform | MT4 · MT5 · ProTrader (TradingView-powered) · Vantage app |
| Instruments | 1,300+ | 1,000+ |
| Hedging | Available | Available |
| Scalping | Available | Available |
| Demo account | Unlimited | 30 days |
| Withdrawal payout | 1 business day | 1–2 business days |
| Data verified | 21 Sep 2026 | 21 Sep 2026 |
Not linked from your region.
Not linked from your region.
Read the Vantage Markets review →| Measure | Pepperstone | Vantage Markets |
|---|---|---|
| BrokersNest score and rank | 91.78/100 · #1 of 8 in Australia (higher score) | 70.13/100 · #7 of 8 in Australia |
| All-in cost per lot (EUR/USD) | $8.00 | $7.00 (lower cost) |
| Typical spread + commission | 0.1 pips + $7.00 commission (Razor) | 0.1 pips + $6.00 commission (Raw ECN) |
| Minimum deposit | No minimum (recommended $200) | $50 |
| Max. leverage (retail) | 1:30 | 1:30 |
| Regulator and entity | Pepperstone Group Limited · ASIC 414530 | Vantage Global Prime Pty Ltd · ASIC 428901 |
| Platforms | MT4 · MT5 · cTrader · TradingView · Pepperstone Platform | MT4 · MT5 · ProTrader (TradingView-powered) · Vantage app |
| Instruments | 1,300+ | 1,000+ |
| Hedging | Available | Available |
| Scalping | Available | Available |
| Demo account | Unlimited | 30 days |
| Withdrawal payout | 1 business day | 1–2 business days |
| Data verified | 21 Sep 2026 | 21 Sep 2026 |
Not linked from your region.
Not linked from your region.
Read the Vantage Markets review →| Measure | Pepperstone | Vantage Markets |
|---|---|---|
| BrokersNest score and rank | 91.78/100 · #1 of 13 globally (higher score) | 70.13/100 · #10 of 13 globally |
| All-in cost per lot (EUR/USD) | $8.00 | $7.00 (lower cost) |
| Typical spread + commission | 0.1 pips + $7.00 commission (Razor) | 0.1 pips + $6.00 commission (Raw ECN) |
| Minimum deposit | No minimum (recommended $200) | $50 |
| Max. leverage (retail) | 1:400 | 1:1000 |
| Regulator and entity | Pepperstone Markets Limited · SCB · DFSA · CMA | Vantage Global Limited · Vantage International Group Limited · Vantage Markets (Pty) Ltd · VFSC · CIMA · FSCA |
| Platforms | MT4 · MT5 · cTrader · TradingView · Pepperstone Platform | MT4 · MT5 · ProTrader (TradingView-powered) · Vantage app |
| Instruments | 1,300+ | 1,000+ |
| Hedging | Available | Available |
| Scalping | Available | Available |
| Demo account | Unlimited | 30 days |
| Withdrawal payout | 1 business day | 1–2 business days |
| Data verified | 21 Sep 2026 | 21 Sep 2026 |
Not linked from your region.
Not linked from your region.
Read the Vantage Markets review →How we compare: the same verified figures as each broker’s review, scored with one published method. How we rank →
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 53% and 80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pepperstone or Vantage Markets?
Which is cheaper, Pepperstone or Vantage Markets?
All-in cost per standard lot of EUR/USD (spread plus commission): in the UK, Pepperstone $8.00 and Vantage Markets $7.00; in Australia, Pepperstone $8.00 and Vantage Markets $7.00; in other countries, Pepperstone $8.00 and Vantage Markets $7.00.
Are Pepperstone and Vantage Markets regulated in the UK, EU or Australia?
Pepperstone is regulated in the UK (FCA 684312), the EU (CySEC 388/20) and Australia (ASIC 414530). Vantage Markets is regulated in the UK (FCA 590299) and Australia (ASIC 428901); not in the EU.
Which has the lower minimum deposit, Pepperstone or Vantage Markets?
Minimum deposit at Pepperstone: No minimum (recommended $200). At Vantage Markets: $50.
How do Pepperstone and Vantage Markets score in the BrokersNest rankings?
Pepperstone scores 91.78/100 and Vantage Markets 70.13/100 under our published method.