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Side-by-Side Comparison Independent Updated Oct 26, 2026

Rakuten Trade vs Pepperstone 2026: Which Broker is Better?

Compare Rakuten Trade and Pepperstone side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Rakuten Trade

Pepperstone

Higher ratedPepperstone logo

Pepperstone

4.1/ 5
Visit Pepperstone →Full review
VS
Rakuten TradePepperstone
BrokerRank Score3.1/54.1/5 ✓
Min. Deposit$0 ✓$200
Spread from0 pips0 pips
Max Leverage1:51:500 ✓
RegulationSCASIC, FCA, CySEC ✓
PlatformsProprietary Web, Proprietary MobileMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
Rakuten TradePepperstone
Best for Low Fees
Rakuten TradePepperstone
Best for Regulation
PepperstoneRakuten Trade
Best Overall
PepperstoneRakuten Trade
Quick Answer

Pepperstone is the better choice overall, scoring 4.1/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Rakuten Trade offers lower spreads (0 pips).

See full side-by-side comparison below

Rakuten Trade vs Pepperstone: Key Differences

Feature

Rakuten Trade

Pepperstone

Our Rating
3.1 / 5
4.1 / 5
Min. Deposit
$0
$200
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.1/lot
$3.5/lot
Regulated By
SC
Platforms
Proprietary Web, Proprietary Mobile
MT4, MT5, TradingView, Proprietary Mobile
Markets
Stocks, Etf
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2017
2010
Headquarters
Kuala Lumpur, Malaysia
Melbourne, Australia
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Rakuten Trade

Lower fees

Pepperstone

Spread From
0 pips
0 pips
Commission
$0.1/lot
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Rakuten Trade scores 3.06/5 while Pepperstone scores 4.12/5 in our independent rating.

Pepperstone edges ahead overall, but Rakuten Trade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Rakuten Trade

Rakuten Trade

3.1/5

Choose Rakuten Trade if you want…

  • No minimum deposit
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)

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.

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4.0
MAS
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4.0
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Both Rakuten Trade & Pepperstone are available in

Frequently Asked Questions

1

Is Rakuten Trade better than Pepperstone?

Pepperstone scores higher overall on our independent rating system. Rakuten Trade holds a 3.1/5 rating vs Pepperstone's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Rakuten Trade or Pepperstone?

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

3

What is the minimum deposit for Rakuten Trade vs Pepperstone?

Rakuten Trade requires a minimum deposit of $0. Pepperstone requires $200.

4

Which broker is safer, Rakuten Trade or Pepperstone?

Rakuten Trade is regulated by SC, while Pepperstone holds licences from ASIC, FCA, CySEC.

5

What trading platforms do Rakuten Trade and Pepperstone support?

Rakuten Trade supports Proprietary Web, Proprietary Mobile. Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Rakuten Trade and Pepperstone?

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

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