WhichBrokerHead to head · data verified September 2026
Trading 212 vs Pepperstone
A close call — 0.2 points apart. The winner depends on what you trade.
Pillar scores
Side by side
| Criterion | Trading 212 | Pepperstone |
|---|---|---|
| Overall score | 8.7 | 8.9 |
| Founded | 2004 | 2010 |
| Regulation | FCA (UK), CySEC (EU), BaFin (DE), FSC (BG), ASIC (AU) | ASIC (AU), FCA (UK), CySEC (EU), DFSA (AE), BaFin (DE) |
| Min. deposit | £1 (bank transfer or card) | $0 (recommended $200+) |
| Fees | 0% commission on stocks and ETFs; 0.15% FX fee on Invest/ISA, 0.5% on CFD; no custody, inactivity or withdrawal fees; card and e-wallet deposits cost 0.7% once you pass a €2,000 lifetime total | Razor account: spreads from 0.0 pips + ~$3.50/lot commission; Standard: from 1.0 pip, no commission |
| Platforms | Trading 212 web platform, Trading 212 mobile app (iOS, Android) | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Markets | 13,000+ stocks and ETFs on Invest and ISA; CFDs on forex, indices, commodities and stocks; crypto ETNs for UK clients | 1,200+ instruments: forex, indices, shares, commodities, crypto CFDs |
| Demo account | Yes | Yes |
| Best for | Long-term stock investors, Beginners, UK ISA investors | Active forex traders, Scalpers & algo traders |
Our verdict
Choose Trading 212 if you want long-term stock investors · beginners · uk isa investors.
Choose Pepperstone if you want active forex traders · scalpers & algo traders — its standout pillar in our scoring is platforms.
Frequently asked questions
Which is better, Trading 212 or Pepperstone?
It's close: Trading 212 scores 8.7/10 and Pepperstone 8.9/10 in our methodology. The right choice depends on your profile — Trading 212 is strongest for long-term stock investors, while Pepperstone leads for active forex traders.
Is Trading 212 safe?
Trading 212 is overseen by FCA (UK), CySEC (EU), BaFin (DE), FSC (BG), ASIC (AU). Our trust score for it is 8.2/10 — see the full Trading 212 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.