eToro0% commission on stocks, spreads from 1 pip on forex
- Published fee
- 0% commission on stocks, spreads from 1 pip on forex
- Minimum deposit
- 50 $
- Inactivity
- $10/month after 12 months of inactivity
Broker comparison
eToro vs.
Pepperstone
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisoneToro
PepperstoneVS
Summary
Your goal decides
The minimum deposit is lower at Pepperstone with 0 €. Oversight: eToro: CySEC/FCA/ASIC; Pepperstone: BaFin/FCA/ASIC. eToro: No, but stocks, CFDs, crypto and copy trading. Pepperstone: No, but over 1,200 CFD instruments. eToro has been in the market since 2007, making it the more experienced provider. On spreads, eToro offers EUR/USD from 1.0 pip (typical), while Pepperstone offers EUR/USD from 0.0 pip (Razor) + $3.50 per lot.
eToroWorld-leading social trading platform with multi-asset offering
PepperstoneECN broker with Razor account and ultra-fast execution
At a glance
The key differences
| Criterion | eToro | Pepperstone |
|---|---|---|
| Platforms | eToro Platform, eToro App | MT4, MT5, cTrader, TradingView |
| Product types | Stocks, ETFs, CFDs, Forex, Crypto, Commodities, Indices | Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices |
| Options trading | No, but stocks, CFDs, crypto and copy trading | No, but over 1,200 CFD instruments |
| Fee model | 0% commission on stocks, spreads from 1 pip on forex | Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip |
| Minimum deposit | 50 $ | 0 € |
| Regulation | CySEC/FCA/ASIC | BaFin/FCA/ASIC |
| More information | Details | Details |
Platforms
eToro
eToro Platform, eToro App
Pepperstone
MT4, MT5, cTrader, TradingView
Product types
eToro
Stocks, ETFs, CFDs, Forex, Crypto, Commodities, Indices
Pepperstone
Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices
Options trading
eToro
No, but stocks, CFDs, crypto and copy trading
Pepperstone
No, but over 1,200 CFD instruments
Fee model
eToro
0% commission on stocks, spreads from 1 pip on forex
Pepperstone
Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip
Minimum deposit
eToro
50 $
Pepperstone
0 €
Regulation
eToro
CySEC/FCA/ASIC
Pepperstone
BaFin/FCA/ASIC
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
eToroPepperstoneRazor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip
- Published fee
- Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip
- Minimum deposit
- 0 €
- Spread figure
- EUR/USD from 0.0 pip (Razor) + $3.50 per lot
The relevant costs depend on market, currency, order size and trading style.
Worked out
What does it actually cost?
Typical months at eToro and Pepperstone, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | eToro | Pepperstone |
|---|---|---|
| ETF savings plan, ≈ €200 a month | €0Recurring investment: ETF buy commission-free; €0 × 1 | —Not offered – ETF CFDs only, no real ETFs/savings plans |
| 10 stock buys of ≈ €1,000 a month | US$10Germany: $1 per order (AU/HK/Dubai exchanges: $2) × 10 | —Not offered – share CFDs only (commission 0.07–0.20% per side) |
| 10 lots of EUR/USD a month | —CFD fee of 0.005% per trade instead of a pip spread; total depends on rate and charging | US$113Standard account: average EUR/USD spread 1.13 pip × $10 × 10; no commission |
| One BTC purchase of ≈ €1,000 | €10Crypto fee 1% (Bronze/Silver/Gold) × €1,000; plus market spread | —No spot crypto; crypto CFDs only |
| Custody and account fee per year | €0No custody or account fee; inactivity fee listed as "Free" | €0No account-keeping or inactivity fee |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: etoro.com · etoro.com · pepperstone.com · pepperstone.com · pepperstone.com · pepperstone.com
Execution quality
Order type, venue and liquidity affect execution.
eToroCheck the provider’s execution policy and available order types for your account.
Provider informationPepperstoneCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
eToroStocksETFsCFDsForexCryptoCommoditiesIndices
PepperstoneForexCFDsIndicesCommoditiesStocks CFDsCryptoCurrency Indices
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
eToroeToro Platform · eToro App
eToro offers its proprietary eToro Platform and the eToro App. The web-based platform features a modern, social user interface that combines trading with community features. Copy trading, Smart Portfolios, news feeds, and trader profiles are seamlessly integrated. The eToro App provides the full range of features on mobile, including real-time charts, watchlists, copy trading, and push notifications. The platform supports various order types and offers an integrated demo account for risk-free practice.
Explore platformPepperstoneMT4 · MT5 · cTrader · TradingView
Pepperstone offers four trading platforms: MT4 and MT5 for classic forex trading with Expert Advisors and automated strategies. cTrader impresses with a modern interface, advanced charting, Level II price data, and algorithmic trading via cAlgo. TradingView enables social trading with one of the world's largest trader communities. All platforms support the Razor account with raw spreads and offer mobile versions for trading on the go.
Explore platformeToro
eToro (Europe) Ltd, Cyprus (CySEC licence 109/10); EUR accounts by eToro Money Malta Ltd
- Supervisor
- CySEC (licence 109/10)
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
eToroWorld-leading social trading platform with multi-asset offering
- Social trading and copy trading
- 0% commission on real stocks
- User-friendly platform
- Spreads higher than ECN brokers
- $5 withdrawal fee
PepperstoneECN broker with Razor account and ultra-fast execution
- Razor account with raw spreads from 0.0 pip
- Fast execution speed
- MT4, MT5, cTrader and TradingView
- No options trading
- No real stocks, only CFDs
Find the broker that fits
eToro oder Pepperstone?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
eToro and Pepperstone do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Who is on the other side?
Whether your order leaves the building or stops at the desk
Open the lesson →The fill you actually get
Why the price on screen and the price you get are not the same
Open the lesson →Where the price comes from
How several bank quotes become one spread on your screen
Open the lesson →Your questions
Frequently asked questions
How do fees differ between eToro and Pepperstone?
eToro: 0% commission on stocks, spreads from 1 pip on forex. Pepperstone: Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: eToro or Pepperstone?
eToro offers Stocks, ETFs, CFDs, Forex, Crypto, Commodities, Indices. Pepperstone offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices.
How are eToro and Pepperstone regulated?
The broker profiles list CySEC/FCA/ASIC for eToro and BaFin/FCA/ASIC for Pepperstone. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is eToro or Pepperstone better for beginners?
eToro lists a 50 $ minimum deposit and offers eToro Platform, eToro App. Pepperstone lists 0 € and offers MT4, MT5, cTrader, TradingView. Compare usability, available products and costs for your intended use.
eToro vs Pepperstone: Which broker is better overall?
The choice between eToro (4.5/5, 3200 reviews) and Pepperstone (4.5/5, 1800 reviews) depends on your needs. eToro: World-leading social trading platform with multi-asset offering. Pepperstone: ECN broker with Razor account and ultra-fast execution.
How do spreads compare between eToro and Pepperstone?
eToro offers typical spreads of EUR/USD from 1.0 pip (typical). Pepperstone offers EUR/USD from 0.0 pip (Razor) + $3.50 per lot. Tighter spreads reduce trading costs especially for active trading.
Do eToro or Pepperstone charge an inactivity fee?
eToro: $10/month after 12 months of inactivity. Pepperstone: no inactivity fee.
Your next step
Your next step
eToroWorld-leading social trading platform with multi-asset offering
Open accountRead reviewPepperstoneECN broker with Razor account and ultra-fast execution
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.