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OneRoyal vs Pepperstone

Side-by-side comparison of regulation, trading costs, platforms, and account types for OneRoyal and Pepperstone.

OneRoyalTrust 7.8/10
ASIC
CySEC
VFSC

Sydney-headquartered broker with ASIC, CySEC and Vanuatu entities, marketed as the rebrand of Royal Financial Trading. Up to 1:1000 leverage offshore, $5 starter accounts, and Financial Commission membership for added dispute resolution.

PepperstoneTrust 9.2/10
ASIC
FCA
CySEC
DFSA

Award-winning Australian broker, top choice for cTrader and algo traders. Razor account offers raw spreads with $7/lot commission. Multi-regulated across ASIC, FCA, CySEC, DFSA and BaFin. Important note: Pepperstone does not accept New Zealand retail clients (since 1 December 2017, when FMA derivatives issuer rules came into force - Pepperstone chose not to pursue an NZ-specific licence). New Zealand residents should consider BlackBull Markets, CMC Markets, or IG instead.

Quick verdict

  • Trust: Pepperstone has the higher trust score.
  • EUR/USD spread: Pepperstone is tighter on EUR/USD.

Side-by-side comparison

FeatureOneRoyalPepperstone
Trust score7.89.2
RegulatorsASIC, CySEC, VFSCASIC, FCA, CySEC, DFSA, BaFin, CMA, SCB
HeadquartersSydney, Australia
Founded2005
Min deposit$5$200
Max leverage1:10001:500
EUR/USD spread0.60 pips0.09 pips
Commission per lot$7$7
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, Skrill, Neteller, Crypto
Withdrawal methodsBank Wire, Credit/Debit Card, Skrill, Neteller, Crypto
Withdrawal speed24h
Base currenciesUSD, EUR, GBP, AUD

OneRoyal is best for

Beginners
Day traders
Algo traders

Pepperstone is best for

Algo traders
Scalpers
cTrader users
AU and NZ residents