BrokerRatingPepperstone vs Trade Republic 2026: which is better?
We compared Pepperstone and Trade Republic 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 Trade Republic.
- Pepperstone offers a swap-free Islamic account; Trade Republic does not.
- Pepperstone offers copy trading; Trade Republic does not.
- Pepperstone offers MetaTrader 4, MetaTrader 5, which Trade Republic does not.
Comparison table
| Comparison table |
Pepperstone
Broker
|
Trade Republic
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 | Trade Republic App |
| 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 | 2015 |
| 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 Trade Republic?
We compared Pepperstone and Trade Republic 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 Trade Republic. Pepperstone offers a swap-free Islamic account; Trade Republic 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 Trade Republic regulated?
Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin. Trade Republic licences: BaFin.
What is the minimum deposit at Pepperstone and Trade Republic?
Pepperstone: $0. Trade Republic: not available.
Do Pepperstone and Trade Republic offer an Islamic account?
Pepperstone: Yes. Trade Republic: No.