CapitalXP is a newly established Forex and CFD broker based on Saint Vincent and the Grenadines
Pepperstone is a Forex and CFD broker headquartered in Australia, offering 156 tradable assets across five different trading platforms. Pepperstone offers a small set of tradeable products but provides forex and CFD traders with competitive pricing and one of the largest selections of third-party platforms, including numerous options for social copy trading.
|#||Broker's Features||PEPPERSTONE Availability||CAPITALXP Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||✔||✔|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||✔||❌|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Pepperstone vs Capitalxp.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Pepperstone offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, Futures, while Capitalxp offers Currencies, Commodities, Indices, Stocks, Bonds.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Pepperstone is Bank, DMA, ECN, No dealing desk, STP, while Capitalxp is Dealing Desk, STP.
Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Pepperstone recommended minimum capital is N/A, while Capitalxp has a Minimum Deposit Requirement of .
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Pepperstone is regulated by ASIC, FCA, while Capitalxp regulated by Not regulated. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. Pepperstone offers AUS, USD, SGD, HKD, JPY, NZD, EUR, CHF, GBP different account currencies for each account types, while Capitalxp offers account currencies.
Languages Available: Next lets have a look at each broker's different Language options. Pepperstone offers English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, Arabic, while Capitalxp offers English Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. Pepperstone offers Bank transfer, Credit/Debit Cards, Electronic wallets different payment methods for each account types, while Capitalxp offers Credit/Debit Cards, Bank Wire Transfer, QIWI payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Pepperstone makes cTrader, MT4, MT5, Zulutrade available to clients, while Capitalxp offers MT4.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Pepperstone is more reliable based on our criteria above. Only Pepperstone offers demo account, allowing you to test their platform to see which is suitable for you. Pepperstone has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Pepperstone broker is regulated in more major hubs. Pepperstone offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Pepperstone offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Pepperstone has a wider range of languages in which customer service is offered making the broker more accessible. One of the criteria we looked at before opening an account on a forex broker is the minimum deposit amount. Pepperstone broker offers lower minimum deposit requirement.
Pepperstone's customer service is great. They provide fast and relevant answers. The account opening is user-friendly, with no minimum deposit. Furthermore, it provides nice, easy to use trading platforms.
Pepperstone has a limited product portfolio as it offers only forex, some CFDs, and crypto. It has a limited research as there are no fundamental data or recommendations. Lastly, the education tools are limited.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.