Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

Pepperstone vs Stake 2026: Which Broker is Better?

In the "Pepperstone vs Stake" comparison, the key difference lies in the range of markets offered, with Pepperstone catering to forex and CFD traders, while Stake focuses exclusively on stock trading. Pepperstone, founded in 2010 and regulated by ASIC, FCA, and CySEC, appeals to traders seeking diverse asset classes with a focus on low spreads and advanced trading platforms like MT4 and MT5. In contrast, Stake, established in 2017 and regulated by ASIC and FCA, is ideal for investors interested in commission-free stock trading, particularly in the US, AU, and UK markets. Each broker provides distinct advantages tailored to different trading preferences and strategies.

Pepperstone

Stake

Higher ratedPepperstone logo

Pepperstone

4.1/ 5
Visit Pepperstone →Full review
VS
PepperstoneStake
BrokerRank Score4.1/5 ✓3.4/5
Min. Deposit$200$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationASIC, FCA, CySEC ✓ASIC, FCA
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
StakePepperstone
Best for Low Fees
PepperstoneStake
Best for Regulation
PepperstoneStake
Best Overall
PepperstoneStake
Quick Answer

Pepperstone is the better choice overall, scoring 4.1/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).

See full side-by-side comparison below

Pepperstone vs Stake: Key Differences

Feature

Pepperstone

Stake

Our Rating
4.1 / 5
3.4 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Stocks
Founded
2010
2017
Headquarters
Melbourne, Australia
Sydney, Australia
Score
2 / 4
2 / 4

Still deciding between Pepperstone and Stake?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

Pepperstone

Stake

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Stake is the preferable choice due to its user-friendly, commission-free stock trading platform and $0 minimum deposit requirement, making it accessible and straightforward for newcomers. Professional traders may favour Pepperstone thanks to its diverse range of markets, advanced trading platforms like MT4 and MT5, and high leverage of up to 1:500. When comparing fees, Pepperstone stands out with competitive spreads starting from 0 pips and low commissions, although Stake offers commission-free stock trading, which may appeal to those focused solely on equities.

Who Should Choose Which?

Pepperstone

Pepperstone

4.1/5

Top pick

Choose Pepperstone if you want…

  • Higher overall rating (4.1/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
Stake

Stake

3.4/5

Choose Stake if you want…

  • No per-trade commission
  • No minimum deposit

Also consider

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both Pepperstone & Stake are available in

Frequently Asked Questions

1

Is Pepperstone better than Stake?

Pepperstone scores higher overall on our independent rating system. Pepperstone holds a 4.1/5 rating vs Stake's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Pepperstone or Stake?

Pepperstone offers spreads from 0 pips, while Stake starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Pepperstone vs Stake?

Pepperstone requires a minimum deposit of $200. Stake requires $0.

4

Which broker is safer, Pepperstone or Stake?

Pepperstone is regulated by ASIC, FCA, CySEC, while Stake holds licences from ASIC, FCA.

5

What trading platforms do Pepperstone and Stake support?

Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Stake supports Proprietary Web, Proprietary Mobile.

6

Can I use both Pepperstone and Stake?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply