Midas vs Pepperstone 2026: which is better?
We compared Midas and Pepperstone on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Pepperstone holds 4 licences from strong regulators, against 0 for Midas.
- Pepperstone offers a swap-free Islamic account; Midas does not.
- Pepperstone offers copy trading; Midas does not.
- Pepperstone offers MetaTrader 4, MetaTrader 5, which Midas does not.
Comparison table
| Comparison table | Midas Broker |
Pepperstone
Broker
|
|---|---|---|
| Licences | SPK | FCA, ASIC, DFSA, BaFin, CySEC, CMA, CMA (KE), SCB Best |
| Minimum deposit | — | $0 |
| Maximum leverage | — | 1:400 |
| Trading platforms | Midas app | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App |
| Markets | Stocks, Cryptocurrencies | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Islamic account | — | ✓ Yes |
| Demo account | — | ✓ Yes |
| Copy trading | — | ✓ Yes |
| Founded | 2020 | 2010 |
| Headquarters | Istanbul, Turkey | Melbourne, Australia |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Pepperstone if you
- want more licences from strong regulators
- need a swap-free Islamic account
- want to copy other traders
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Midas or Pepperstone?
We compared Midas and Pepperstone on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Pepperstone holds 4 licences from strong regulators, against 0 for Midas. Pepperstone offers a swap-free Islamic account; Midas does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Midas and Pepperstone regulated?
Midas licences: SPK. Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin.
What is the minimum deposit at Midas and Pepperstone?
Midas: not available. Pepperstone: $0.
Do Midas and Pepperstone offer an Islamic account?
Midas: No. Pepperstone: Yes.