Pepperstone vs Smartbroker+ 2026: which is better?
We compared Pepperstone and Smartbroker+ 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 1 for Smartbroker+.
- Pepperstone offers a swap-free Islamic account; Smartbroker+ does not.
- Pepperstone offers copy trading; Smartbroker+ does not.
- Pepperstone offers MetaTrader 4, MetaTrader 5, which Smartbroker+ does not.
Comparison table
| Comparison table |
Pepperstone
Broker
|
Smartbroker+
Broker
|
|---|---|---|
| Licences | FCA, ASIC, DFSA, BaFin, CySEC, CMA, CMA (KE), SCB Best | BaFin |
| Minimum deposit | $0 | — |
| Maximum leverage | 1:400 | — |
| Trading platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App | SMARTBROKER+ App, SMARTBROKER+ Web, SMARTBROKER+ Trader |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Stocks, Cryptocurrencies, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | — |
| Copy trading | ✓ Yes | — |
| Founded | 2010 | 2019 |
| Headquarters | Melbourne, Australia | Berlin, Germany |
| 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, Pepperstone or Smartbroker+?
We compared Pepperstone and Smartbroker+ 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 1 for Smartbroker+. Pepperstone offers a swap-free Islamic account; Smartbroker+ does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Pepperstone and Smartbroker+ regulated?
Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin. Smartbroker+ licences: BaFin.
What is the minimum deposit at Pepperstone and Smartbroker+?
Pepperstone: $0. Smartbroker+: not available.
Do Pepperstone and Smartbroker+ offer an Islamic account?
Pepperstone: Yes. Smartbroker+: No.