Pepperstone vs Trading 212
Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.
Quick Verdict
Pepperstone scores higher overall at 9.3/10 vs 8.9/10.
Score Comparison
Trading Conditions
| Condition | Pepperstone | Trading 212 |
|---|---|---|
| Min Deposit | None | €1 |
| EUR/USD Spread | 0.0 pips (Razor), 0.69 pips (Standard) | 0.9 pips average |
| Commission | $3.50 per lot per side (Razor), None (Standard) | None (spread-only on CFDs, zero commission on stocks/ETFs) |
| Leverage (Retail) | 30:1 | 30:1 |
| Leverage (Pro) | 500:1 | 300:1 |
| Swap-Free | Yes | No |
| Withdrawal Fee | Free | Free |
Platform Comparison
Pepperstone Platforms
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
Standard, Razor
Trading 212 Platforms
- Trading 212 Web
- Trading 212 App
Invest, CFD, ISA (UK only)
Regulation & Safety
Pepperstone Regulation
ICF (Investor Compensation Fund) up to EUR 20,000
Trading 212 Regulation
ICF up to EUR 20,000 (CySEC) / FSCS up to GBP 85,000 (UK)
Overall Verdict
Pepperstone takes the overall win with a score of 9.3 vs 8.9, winning 5 out of 7 individual categories compared to Trading 212's 2.
In terms of costs, Pepperstone also leads on fees. On the regulatory front, Pepperstone and offers stronger regulatory protection.
Choose Pepperstone if you prioritise its strengths in the categories where it leads. Choose Trading 212 if you value the specific areas where it scores higher, such as education and instruments.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% 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.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.