FxProvs
PepperstoneForex Broker Comparison
Both operate under strong regulation and offer multi-platform access, yet they diverge on pricing, platform ecosystems, and instrument breadth.
Our Verdict
Pepperstone winsby 0.4 pts
Pepperstone outperforms FxPro in editorial score, 4.7 vs 4.3. Wider regulatory coverage and tighter spreads support the gap.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FxPro offers a proprietary FxPro Edge platform.
- 2Pepperstone provides TradingView and IRESS alongside MT4/MT5.
- 3FxPro offers more instruments (2100) than Pepperstone (1200).
Who should choose FxPro vs Pepperstone?
Find out which broker best suits your trader profile.
Choose FxPro if…
Choose FxPro if you want the proprietary FxPro Edge platform alongside FCA and CySEC regulation.
Choose Pepperstone if…
Choose Pepperstone if you want MT4/MT5, cTrader, and TradingView access with broad regulator coverage (FCA, ASIC, BaFin, CySEC, FMA, DFSA).
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Pepperstone offers tighter spreads from 0.00 pips vs 1.20 pips for FxPro, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
FxPro vs Pepperstone: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5 | 4.8 / 5▲ |
FxPro vs Pepperstone Forex Broker Pros & Cons
Pros
Supports all four major platforms: MT4, MT5, cTrader, and proprietary
Strong FCA and CySEC regulation
No dealing desk execution on raw accounts
Negative balance protection
Client funds held in segregated accounts
FxPro vs Pepperstone: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
FxPro
criteria win
0
Pepperstone
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FxPro | Pepperstone |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FxPro vs Pepperstone: Frequently Asked Questions
The scores are close: FxPro rates 4.3/5 and Pepperstone rates 4.7/5. Pepperstone has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Pepperstone starts from 0 pips, tighter than FxPro's 1.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Pepperstone has no minimum deposit, while FxPro requires at least $100. This makes Pepperstone more accessible for traders with limited starting capital.
Both FxPro and Pepperstone hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Pepperstone has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FxPro lists maximum leverage of 500:1, while Pepperstone lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Both FxPro and Pepperstone charge the same commission of $7 per lot on applicable accounts.
FxPro supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Pepperstone supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4. FxPro has exclusive access to Proprietary Web/Mobile. Pepperstone has exclusive access to IRESS and TradingView.
