Comparison Interactive Brokers vs Pepperstone

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Interactive Brokers vs Pepperstone. Which of them: Interactive Brokers or Pepperstone a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Interactive Brokers on regular transactions of the stock exchange is $0.005, and Pepperstone has a commission fee of from 0.4 pips. For trading in Forex, the commission fee of Interactive Brokers is 0.20 basis points, while the commission fee of Pepperstone is from 0.0 pips + $3.50 commission. For a more complete picture, let’s consider trading in the metal market, where Interactive Brokers and Pepperstone have commission fees of 0.15 basis points and from 0.5 pips, respectively. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided to customers by Interactive Brokers and Stocks Trading, Forex Trading, Crypto Trading are provided by Pepperstone. As for platforms, Interactive Brokers offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Pepperstone offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Interactive Brokers was established in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. And Pepperstone was established in 2010 in Australia, and it is regulated by ASIC, FCA. Withdrawal of funds from Interactive Brokers can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And Pepperstone provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The time for withdrawal in Interactive Brokers is 3-5 days, and that one in Pepperstone is 3 - 5 business days.

Overall, Interactive Brokers boasts 4.1 stars versus Pepperstone 4.6 stars.