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Comparison Firstrade vs Pepperstone
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Firstrade vs Pepperstone. Which of them: Firstrade or Pepperstone a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Firstrade on regular transactions of the stock exchange is $0, and Pepperstone has a commission fee of from 0.4 pips. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Firstrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, and Pepperstone provides customers with Stocks Trading, Forex Trading, Crypto Trading. Concerning the platforms, Firstrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Pepperstone uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Firstrade was established in 1985 in United States, and it is regulated by SEC and FINRA. And Pepperstone was established in 2010 in Australia, and it is regulated by ASIC, FCA. Withdrawal of funds from Firstrade can be done using Bank Wire with a withdrawal fee of $30 domestic US, $50 international. And Pepperstone provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The withdrawal time for Firstrade is 2-3 business days, and that one for Pepperstone is 3 - 5 business days.
Overall, Firstrade boasts 3.9 stars versus Pepperstone 4.6 stars.