Pepperstone vs Kucoin

Pepperstone vs Kucoin Comparison Table 2024
Pepperstone	Kucoin
Review 4.8	Review 3.6
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available crypto brokers
Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.	Kucoin is a crypto exchange that offers trading on 1000+ tokens as well as leveraged trading opportunities via futures and perpetual swaps. This exchange has a slick trading platform that supports robots, allowing traders to implement automated strategies. Other attractive features include a demo account, flexible funding methods and DeFi features like staking and mining.
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.8% of retail investor accounts lose money when trading CFDs.
Customer Reviews
3.8 Based on 4 Pepperstone customer reviews
Bonus Offer
	Welcome bonus up to 500 USDT
Comment by Reviewer
"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."	"Users who want to make automated crypto trades on a wide range of digital currencies should Kucoin. The brand is also good for crypto staking and mining."
Pros
Pepperstone boasts impressive execution speeds, averaging around 30ms, facilitating fast order processing and execution that’s ideal for day trading. There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading. Pepperstone emerges as a low-cost broker, especially for serious day traders with spreads from 0.0 in the Razor account and rebates of 25%+ through the Active Trader program. Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing. Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.	Wide list of tokens with 1000+ cryptos including many low-market-cap tokens Good range of DeFi products as well as Web3 features including an NFT marketplace Well-known and reputable in the crypto world Leverage available via crypto derivatives Possibility to earn interest on crypto by staking Good customer service Low trading fees
Cons
Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies. Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets, though it has introduced an intuitive copy trading app. Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.	Like many crypto firms, Kucoin is unregulated Crypto exchanges are often riskier than trading through a crypto broker The proprietary platform can feel complex compared to better-known terminals Limited educational resources Fiat withdrawals are not possible
Awards
Best Forex Broker - DayTrading.com 2024 Best Overall Broker - DayTrading.com 2023 Best Trading App - DayTrading.com 2022 Best Forex Broker - DayTrading.com 2021 Best MT4 Broker - Good Money Guide 2023 #1 Overall Client Satisfaction - UK Investment Trends 2022 #1 Value for Money - UK Investment Trends 2022 #1 Quality of Trade Execution - UK Investment Trends 2022 #1 Ease of Platform Navigation - UK Investment Trends 2022 #1 Charting - UK Investment Trends 2022 Best Forex Broker Overall - Compareforexbrokers.com 2022 Best MT4 Broker - Good Money Guide Best MT4 Broker 2022 Top 5 MetaTrader brokers - Broker Chooser Top 5 MetaTrader Brokers 2022
Instruments
CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting	ETFs, Cryptos, Futures
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
MT4 MT5 cTrader TradingView AutoChartist DupliTrade	Own
Payment Methods
BPAY Credit Card Debit Card Mastercard Neteller PayPal PIX Payment POLi Skrill UnionPay Visa Wire Transfer	Alipay Apple Pay Credit Card Debit Card Google Wallet Neteller PayPal Skrill WeChat Pay Wire Transfer
Minimum Trade
0.01 Lots	0.0001 Lots
Regulator
FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	Yes
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	Yes (iOS & Android)
App Review
Pepperstone excels for its excellent integration with the MT4, MT5, cTrader, and TradingView apps, making it a standout option for day traders familiar with these leading third-party trading solutions. These platforms deliver a stable and reliable mobile trading experience, enhanced by Pepperstone’s almost unrivalled execution speeds and wide range of asset classes.
Android App Rating
4.1
iOS App Rating
4.4
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
Yes	Yes
Copy Trading Platform
Pepperstone facilitates the replication of experienced traders' strategies through MetaTrader Signals, DupliTrade and now its own copy trading app (available in certain regions) through a partnership with Pelican Trading, providing access to thousands of experienced traders and personalized risk parameters. On the downside, it lacks support for cTrader Copy which may deter users familiar with the terminal from Spotware.	Kucoin offers copy trading via automated bots with low fees and instant deposits. The service will appeal to beginners new to crypto trading. Users can choose a suitable trader in the marketplace and select 'copy' to start mirroring positions.
Social Trading
No	Yes
Trade Signals
Yes (Via Chartist Software)	Yes
VPS Hosting
Yes	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD NZD JPY CHF HKD SGD	USD EUR GBP BRL
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange Nasdaq New York Stock Exchange Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Toronto Stock Exchange Taiwan Stock Exchange
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Nickel Oil Orange Juice Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat Zinc
CFD Trading
Pepperstone maintains its position as one of the fastest and most dependable CFD brokers during our latest round of testing. With execution speeds averaging around 30ms and an outstanding fill rate of 99.90%, the broker ensures a seamless trading experience without requotes or dealing desk interference. It also provides ample trading opportunities across over 1,300 assets.	CFD trading not offered
Leverage
1:30 (Retail), 1:500 (Pro)
FTSE Spread
1.0
GBPUSD Spread
0.4
Oil Spread
2.5
Stocks Spread
0.02
Forex Trading
Pepperstone offers ultra-competitive forex spreads averaging 0.12 pips on EUR/USD in the Razor account, accompanied by a diverse portfolio comprising 100+ currency pairs - an extensive selection surpassing most competitors. Additionally, Pepperstone distinguishes itself by offering three currency indices (USDX, EURX, JPYX), not commonly found among alternative platforms. Pepperstone has now won our annual 'Best Forex Broker' award twice.	Forex trading not offered
Forex App
Pepperstone deliver their MetaTrader 4, MetaTrader 5, cTrader and TradingView platforms across both Android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – they are a powerful addition for mobile traders.
GBPUSD Spread
0.4
EURUSD Spread
0.1
EURGBP Spread
0.4
Assets
100+
Currency Indices
USD EUR JPY
Cryptocurrency
Pepperstone continues to prove itself as one of the most trusted crypto brokers. Although its selection of digital tokens is average, you can trade popular cryptos like Bitcoin and altcoins like Ripple with up to 1:10 leverage, while its crypto indices provide a holistic view of the digital currency markets not found on most day trading platforms.	With well over 1000 crypto assets available, Kucoin offers a great degree of flexibility. It is excellent to see an extensive range of tokens, as this allows traders to search for lesser-known tokens with a high upside. The crypto futures and perpetual swaps are also good additions to the roster, tradeable with 1:10 leverage.
Spread
BTC 30, ETH 0	Variable
Coins
BCH BTC ETH LTC DASH ADA LINK DOGE EOS DOT XRP XLM XTZ UNI BNB	ETH BTC VRA LUNA KCS XRP LTC ALGO TEL DOT ADA XMR AVAX FTM VET XLM LINK MATIC ONE TRX HBAR ICP CRO EOS DOGE WBTC ATOM XDC DAG COTI BCH EGLD XTZ KSM ETC KDA MANA XYO OMG BNB TRAC XPR RNDR CWAR UOS FET UTK IOTX XHV TRIAS CTSI SOUL BAND STX DERO CHR ZEC FXS HTR ZCX FLOW OLT MTV ABBC XDB FKX NEAR ATA KLV PYR PPT OPCT DFI CRPT LRX PRE
Crypto Lending
No	Yes
Crypto Mining
No	Yes
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.8% of retail investor accounts lose money when trading CFDs.