OpenMarkets vs pepperstone
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick pepperstone leads on safety — winning 4 of 6
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
✓13
20
Verdict
Low risk
Low risk
Regulatedⓘ
Yes
Yes
Licenses
1
✓4
Tier-1 regulatorsⓘ
1
✓3
Trustpilot score
3.7
✓4.3
Reviews collected
1
✓3536
Exit riskⓘ lower = safer
—
Guarded
Known clonesⓘ
✓0
10
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
—
$13
Max leverage
—
—
Min spread (best acct)
—
from 0
Commission
—
$0
Cost grade
—
C
Account types
0
✓2
Best for
Suits
Traders prioritizing ASIC regulation and a low scam risk score, Australian residents seeking a locally licensed derivatives broker
Experienced traders who value tight spreads and fast execution, Traders who prefer TradingView integration for chart-based order placement, Those who prioritize regulatory oversight from top-tier authorities
Not for
Traders who require transparent, independently verifiable online presence and user reviews, Those needing detailed fee, platform, or instrument information before account opening
Traders who require simple and quick account verification, Those who have had issues with payment method restrictions and need flexible withdrawals, Traders who are sensitive to occasional slippage and execution errors
Products & Funding
Instruments
—
1350+ markets including shares, indices, forex, commodities and more.
Deposit methods
—
--
Withdrawal
—
--
Execution
Speed
—
AAA
Slippage
—
B
Swap cost
—
A
Company
Founded
2018-12-27
2017-09-07
Headquarters
🇦🇺 Australia
🇦🇺 Australia
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.