B

Advanced Global Markets

5.9/10
Pepperstone logo

Pepperstone

9/10
7/10RegulationWinner10/10
0/10FeesWinner6/10
9/10WinnerPlatforms7/10
6/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Pepperstone was established in 2010 and is based in Australia. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Pepperstone is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; Pepperstone has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $200 at Pepperstone.

Pepperstone wins this category
FeatureAdvanced Global MarketsPepperstone
Min. Deposit$500$200
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
Founded19922010
CountryCyprusAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Advanced Global Markets and Pepperstone, directly affecting your bottom line as a trader. Pepperstone has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Advanced Global Markets). Advanced Global Markets charges withdrawal fees while Pepperstone does not, a notable advantage for frequent withdrawers. Pepperstone applies inactivity fees on dormant accounts; Advanced Global Markets does not. Advanced Global Markets charges deposit fees; Pepperstone does not. Overall, Pepperstone scores higher on fees in our assessment.

Pepperstone wins this category
FeatureAdvanced Global MarketsPepperstone
Min. Deposit$500$200
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Advanced Global Markets offers MT4, MT5, cTrader, while Pepperstone supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Pepperstone supports social and copy trading features, which Advanced Global Markets does not offer. Advanced Global Markets edges ahead on platform breadth and functionality in our scoring.

Advanced Global Markets wins this category
FeatureAdvanced Global MarketsPepperstone
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Pepperstone compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Pepperstone scores higher overall in education and research.

Pepperstone wins this category
FeatureAdvanced Global MarketsPepperstone
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Pepperstone supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Pepperstone uniquely supports PayPal and Skrill and Neteller among the two brokers. Pepperstone scores higher on deposit and withdrawal flexibility.

Pepperstone wins this category
FeatureAdvanced Global MarketsPepperstone
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and Pepperstone offer live chat support. Both provide phone support. Email support is available at both brokers. Advanced Global Markets supports 2 languages and Pepperstone supports 8, giving Pepperstone broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAdvanced Global MarketsPepperstone
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic