Pepperstone vs Futu (Moomoo) 2026: Which Broker is Better?
Choosing between Pepperstone and Futu (Moomoo) depends on your trading style, preferred markets, and budget. Pepperstone is headquartered in Melbourne, Australia, while Futu (Moomoo) operates from Hong Kong, China. Pepperstone has the longer track record, established in 2010, compared to Futu (Moomoo) which was founded in 2012. 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
Futu (Moomoo)
| Pepperstone | Futu (Moomoo) | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.7/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | ASIC, FCA, CySEC | SFC, SEC, MAS |
| Platforms | MT4, MT5, TradingView | Moomoo, Futu NiuNiu |
Pepperstone is the better choice overall, scoring 4.1/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).
See full side-by-side comparison belowPepperstone vs Futu (Moomoo): Key Differences
Pepperstone
Futu (Moomoo)
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Fees Comparison
Pepperstone
Futu (Moomoo)
Lower feesRegulation & Trust
Pepperstone holds licences from ASIC, FCA, CySEC. Futu (Moomoo) is regulated by SEC, MAS, SFC.
Markets & Assets
Both brokers offer access to Crypto, Stocks markets. Pepperstone additionally covers Forex, Cfd, Indices. Futu (Moomoo) adds Etf, Options, Futures.
Trading Platforms
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Futu (Moomoo) offers Moomoo, Futu NiuNiu.
Minimum Deposit
Pepperstone requires a minimum deposit of $200, while Futu (Moomoo) sets no minimum deposit. This makes Futu (Moomoo) accessible to traders with any budget.
Overall Ratings
BrokerRank scores Pepperstone at 4.12/5 and Futu (Moomoo) at 3.72/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Pepperstone leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Pepperstone
4.1/5
Choose Pepperstone if you want…
- Higher overall rating (4.1/5)
- Higher leverage (up to 1:500)
- More market types (6)
- More established (est. 2010)
Futu (Moomoo)
3.7/5
Choose Futu (Moomoo) if you want…
- No per-trade commission
- No minimum deposit
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Pepperstone & Futu (Moomoo) are available in
Frequently Asked Questions
1Is Pepperstone better than Futu (Moomoo)?
Pepperstone scores higher overall on our independent rating system. Pepperstone holds a 4.1/5 rating vs Futu (Moomoo)'s 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Pepperstone or Futu (Moomoo)?
Pepperstone offers spreads from 0 pips, while Futu (Moomoo) starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Pepperstone vs Futu (Moomoo)?
Pepperstone requires a minimum deposit of $200. Futu (Moomoo) requires $0.
4Which broker is safer, Pepperstone or Futu (Moomoo)?
Pepperstone is regulated by ASIC, FCA, CySEC, while Futu (Moomoo) holds licences from SFC, SEC, MAS.
5What trading platforms do Pepperstone and Futu (Moomoo) support?
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Futu (Moomoo) supports Moomoo, Futu NiuNiu.
6Can I use both Pepperstone and Futu (Moomoo)?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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