FxProvs
PepperstoneStock Broker Comparison
Two brokers square off over equity CFD access and platform ecosystems. The tension centers on exchange coverage, regulation breadth, and pricing visibility.
Our Verdict
Pepperstone winsby 0.1 pts
FxPro and Pepperstone are closely matched overall, but Pepperstone edges on exchange access.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Exchanges accessed: Pepperstone covers 8 versus FxPro's 6.
- 2FxPro provides a proprietary trading platform; Pepperstone does not.
- 3Phone support is available for FxPro but not Pepperstone.
Who should choose FxPro vs Pepperstone?
Find out which stock broker best suits your investing profile.
Choose FxPro if…
Choose FxPro if you value a proprietary platform and accessible phone support.
Choose Pepperstone if…
Choose Pepperstone if you want broader exchange access and DMA options via IRESS.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
It’s a tie
Both equally suited
Pepperstone lists FCA, ASIC, CySEC, BaFin, FMA, and DFSA regulators providing broad oversight.
Best for active traders
Recommended
FxPro vs Pepperstone: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 3.8/ 5 | 3.9/ 5 |
| Min deposit | $100 | No minimum▼ lower |
| Spreads from | 1.2 pips | 0 pips▼ lower |
| Commission / lot | $7/lot | $7/lot |
FxPro vs Pepperstone Stock Broker Pros & Cons
Pros
- All four major platforms (MT4, MT5, cTrader, FXPro Direct) support equity CFDs
- FCA and CySEC regulated with FSCS protection for UK clients
- No minimum deposit; no inactivity fee
- Algorithmic traders can deploy EAs/cBots on share CFDs within existing environments
Cons
- Narrowest stock selection (100+) among multi-platform regulated equity CFD brokers
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, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
FxPro vs Pepperstone: Frequently Asked Questions
The scores are close: FxPro rates 3.8/5 and Pepperstone rates 3.9/5. 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 lists tighter spreads from 0, compared with FxPro's 1.2. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
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 20:1, while Pepperstone lists up to 20:1. 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 trade on applicable accounts. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
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.
Neither FxPro nor Pepperstone is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both FxPro and Pepperstone are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
