Comparison Pepperstone vs Tastyworks
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Pepperstone vs Tastyworks. Which of them: Pepperstone or Tastyworks a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Pepperstone on regular transactions of the stock exchange is from 0.4 pips, and Tastyworks has a commission fee of $0. 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, Forex Trading, Crypto Trading are provided to customers by Pepperstone and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Futures Trading are provided by Tastyworks. Concerning the platforms, Pepperstone uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App, while Tastyworks uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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. Pepperstone was established in 2010 in Australia, and it is regulated by ASIC, FCA. And Tastyworks was established in 2017 in United States, and it is regulated by FINRA, NFA and SIPC. Withdrawal of funds from Pepperstone can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Tastyworks provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $25-45. The time for withdrawal in Pepperstone is 3 - 5 business days, and that one in Tastyworks is 3 business days.
As a result, the rating of Pepperstone is 4.6 stars versus that of Tastyworks of 4 stars.