Which platform is best for multi asset trading in one account?
Verdict
- Our pick for multi-asset trading in one account is Pepperstone's Razor account: 93 FX pairs, 26 indices, 40 commodities, 1,162 shares and 95 ETFs (data sourced 12 March 2025) on one login, under FCA regulation.
- Every Pepperstone platform — MT4, MT5, cTrader, TradingView and its own web platform and app — can trade that account.
- Margin differs by asset under UK retail rules: 1:30 on major FX, 1:20 on major indices and gold, 1:10 on other commodities and 1:5 on shares.
- UK retail clients cannot trade crypto CFDs at Pepperstone or any FCA-regulated firm, so a UK multi-asset account means traditional markets only.
One account for everything sounds simple, but the platform, the margin rules and the base currency decide how well it works across asset classes. On all three, Pepperstone's Razor account is our pick for UK traders. Below: what fits in it, how margin adds up across a mixed book, and the trade-offs.
Pepperstone Razor: five asset classes, one login
Pepperstone Limited (FCA 684312) counts 1,444 CFD instruments on its UK Standard and Razor accounts, split into 93 FX pairs, 26 indices, 40 commodities, 1,162 shares and 95 ETFs. Razor is the account we suggest for multi-asset use because it adds MT4 and TradingView to the web platform, app, MT5 and cTrader that Standard already has. You can fund it in GBP, USD, EUR or CHF, and you may also hold a spread-betting account next to it if you want some positions in that wrapper.
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How margin adds up across asset classes
A mixed book of five £10,000 positions on a Pepperstone UK retail account, at its published maximum leverage:
- Shares tie up six times the margin of the same exposure in a major FX pair.
- A loss on any position reduces the free margin for all the others in the same account.
| Position | Max retail leverage | Margin required |
|---|---|---|
| Major FX pair | 1:30 | About £333 |
| Major index (e.g. UK100) | 1:20 | £500 |
| Gold | 1:20 | £500 |
| Another commodity | 1:10 | £1,000 |
| Share CFD | 1:5 | £2,000 |
| Total for £50,000 of exposure | About £4,333 |
Platform choice for a mixed portfolio
TradingView suits traders who scan many markets by chart. cTrader gives the lowest Razor FX commission ($3.00 per side in a USD account). MT5 runs on all Pepperstone UK accounts and works with expert advisors. Pepperstone's web platform and app need no installation and carry the same account across devices.
What a single account won't cover
- Crypto: the FCA banned crypto derivatives for retail clients from 6 January 2021, and Pepperstone's UK site offers crypto only to professional clients.
- Ownership: shares and ETFs are CFDs, so there are no voting rights and no ISA wrapper.
- Guaranteed stops: not offered by Pepperstone. Capital.com, FCA-authorised (793714), offers them across its UK account.
- Perpetual CFDs: professional clients only in the UK.
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Sources
As published by Pepperstone, Capital.com and the FCA.
Can I trade forex, shares and commodities in one Pepperstone account?
Yes. A UK Standard or Razor account covers FX, indices, commodities, shares and ETFs; Razor adds MT4 and TradingView.
Can I add crypto to a multi-asset account in the UK?
Not as a retail client. The FCA bans crypto derivatives for retail consumers, and Pepperstone offers crypto CFDs in the UK to professional clients only.
Which base currencies can I use?
Pepperstone UK accounts can be held in GBP, USD, EUR or CHF.
Leveraged products such as CFDs and spread bets carry a high risk of rapid losses. Pepperstone's UK disclosure: 73.6% of retail investor accounts lose money with this provider. Make sure you understand how these products work before trading. Not investment advice.