Pepperstone vs Vantage: fees, cashback and which to choose
Pepperstone is an award-winning forex and CFD broker; Vantage is a regulated multi-asset broker with a strong LATAM presence. We compare them on fees, available cashback and which trader profile each suits — plus how to recover part of your fees on both.
Quick comparison
| Pepperstone | Vantage | |
|---|---|---|
| Cashback | 26% | 27% |
| Applies to | of spreads and commissions | of spreads and commissions |
| Countries | 5+ | 5+ |
| Best for | traders who want a regulated broker with powerful platforms | multi-asset traders who want tight spreads and MT4/MT5 |
Fees
Pepperstone. Tight spreads on Razor accounts plus commission; strong on platforms (MT4/MT5, cTrader).
Vantage. ECN-style spreads from 0.0 pips plus commission on Raw accounts; forex, indices, commodities and CFDs.
Available cashback
Vantage offers more cashback (27%) than Pepperstone (26%), so you recover a larger share of every fee you pay. The gap matters most if you trade with volume.
Work out how much you'd recover for your volume with the cashback calculator.
Pros and cons
Pros
- Solid regulation and reputation
- cTrader and MT4/MT5 support
- Good customer service
- 26% cashback via Omanero
Cons
- Limited crypto-CFD catalog
- Not available in some regions
Pros
- Tight Raw spreads
- Multi-asset offering (forex, indices, commodities)
- MT4/MT5 and copy trading support
- 27% cashback via Omanero
Cons
- No crypto-native focus
- Conditions vary by regulating entity
Best for each profile
Choose Pepperstone if you're traders who want a regulated broker with powerful platforms. Choose Vantage if you're multi-asset traders who want tight spreads and MT4/MT5.
Verdict
If your priority is recovering the most fees, Vantage leads with 27% cashback. If you value Pepperstone's profile more, you still recover fees at 26%. Best of all: you don't have to choose — use both and earn cashback on each.
Recover fees on Pepperstone and Vantage with verifiable payments.