Upstox
Pepperstone
VS
Higher Rated
Pepperstone
Capital at risk · T&Cs apply
Compare Upstox and Pepperstone side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Upstox
Pepperstone
| Upstox | Pepperstone | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 4.1/5 ✓ |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | SEBI | ASIC, FCA, CySEC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
Pepperstone is the better choice overall, scoring 4.1/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Upstox offers lower spreads (0 pips).
See full side-by-side comparison belowUpstox
Pepperstone
Upstox
Lower feesPepperstone
Upstox scores 3.10/5 while Pepperstone scores 4.12/5 in our independent rating.
Pepperstone edges ahead overall, but Upstox may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Upstox
3.1/5
Choose Upstox if you want…
Pepperstone
4.1/5
Choose Pepperstone if you want…
Pepperstone scores higher overall on our independent rating system. Upstox 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.
Upstox offers spreads from 0 pips, while Pepperstone starts at 0 pips. Check the fees section above for a full breakdown.
Upstox requires a minimum deposit of $0. Pepperstone requires $200.
Upstox is regulated by SEBI, while Pepperstone holds licences from ASIC, FCA, CySEC.
Upstox supports Proprietary Web, Proprietary Mobile. Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.