AvaTrade vs Pepperstone: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAvaTradePepperstone
Licence Score83Very strong78Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record97
1 FCA United Kingdom —Licensed · FRN 684312
1 ASIC Australia LicensedLicensed · AFSL 414530
1 JFSA Japan Licensed—
1 BaFin Germany —Licensed
1 CBI Ireland Licensed · Ref C53877—
2 CySEC Cyprus —Licensed · Licence 388/20
2 FSCA South Africa Licensed · FSP 45984—
2 DFSA United Arab Emirates —Licensed
2 KNF Poland Licensed—
2 FSRA (ADGM) United Arab Emirates Licensed—
2 ISA Israel Licensed—
3 CMA (Kenya) Kenya LicensedLicensed
3 SCB Bahamas —Licensed
4 BVI FSC British Virgin Islands Licensed—
Founded20062010
HeadquartersIrelandAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryMT4, MT5, cTrader, TradingView
Minimum depositUS$100No minimum
VisitVisit siteVisit site

Frequently asked questions

Is AvaTrade or Pepperstone better regulated?

AvaTrade has the higher Licence Score (83 vs 78), based on the number and tier of licences, operating history and public listing.

Which regulators license both AvaTrade and Pepperstone?

Both are matched to licences from ASIC and CMA (Kenya).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.