Pepperstone
Admiral Markets
VS
Higher Rated
Pepperstone
Capital at risk · T&Cs apply
Choosing between Pepperstone and Admiral Markets depends on your trading style, preferred markets, and budget. Pepperstone is headquartered in Melbourne, Australia, while Admiral Markets operates from Tallinn, Estonia. Admiral Markets has the longer track record, established in 2001, compared to Pepperstone which was founded in 2010. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Pepperstone
Admiral Markets
| Pepperstone | Admiral Markets | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.8/5 |
| Min. Deposit | $200 | $100 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, FCA, CySEC | FCA, CySEC, ASIC |
| Platforms | MT4, MT5, TradingView | MT4, MT5, Proprietary Web |
Pepperstone is the better choice overall, scoring 4.1/5 vs 3.8/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).
See full side-by-side comparison belowPepperstone
Admiral Markets
WinnerPepperstone
Admiral Markets
Lower feesPepperstone holds licences from ASIC, FCA, CySEC. Admiral Markets is regulated by FCA, ASIC, CySEC.
Both brokers offer access to Forex, Cfd, Stocks, Indices markets. Pepperstone additionally covers Crypto. Admiral Markets adds Commodities.
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Admiral Markets offers MT4, MT5, Proprietary Web. Both brokers are available on MT4, MT5.
Pepperstone requires a minimum deposit of $200, while Admiral Markets sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
BrokerRank scores Pepperstone at 4.12/5 and Admiral Markets at 3.77/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Pepperstone leads overall with a clear advantage.
Pepperstone
4.1/5
Choose Pepperstone if you want…
Admiral Markets
3.8/5
Choose Admiral Markets if you want…
Pepperstone scores higher overall on our independent rating system. Pepperstone holds a 4.1/5 rating vs Admiral Markets's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Pepperstone offers spreads from 0 pips, while Admiral Markets starts at 0 pips. Check the fees section above for a full breakdown.
Pepperstone requires a minimum deposit of $200. Admiral Markets requires $100.
Pepperstone is regulated by ASIC, FCA, CySEC, while Admiral Markets holds licences from FCA, CySEC, ASIC.
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Admiral Markets supports MT4, MT5, Proprietary Web.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.