In this matchup, IG and Pepperstone clash over real share ownership versus CFDs, and the breadth of exchanges and platforms each offers.
IG edges Pepperstone on editorial score (4.5 vs 3.9), reflecting a broader multi‑asset UK stock offering. IG also offers real share dealing and a Stocks & Shares ISA, while Pepperstone concentrates on CFDs.
Find out which stock broker best suits your investing profile.
Choose IG if…
Choose IG if you want real share ownership, an ISA wrapper, and access to exchange-listed options.
Choose Pepperstone if…
Choose Pepperstone if you want stock CFDs across MT4, MT5, and cTrader with regulated, multi-jurisdiction oversight.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
IG has a broader regulatory footprint with more listed authorities than Pepperstone.
| Editorial score | 4.5/ 5 | 3.9/ 5 |
|---|---|---|
| Min deposit | No minimum | No minimum |
| Spreads from | 0.6 pips | 0 pips▼ lower |
| Commission / lot | N/A | $7/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | IG | 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 | Pass | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Fail |
IG rates 4.5/5 versus 3.9/5 for Pepperstone. IG edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Pepperstone lists tighter spreads from 0, compared with IG's 0.6. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
Neither IG nor Pepperstone requires a minimum deposit, making both accessible regardless of starting capital.
Both IG 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
IG lists maximum leverage of 1:1, 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.
Pepperstone charges $7 per trade on commission-based accounts. Commission details for IG are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
IG supports ProRealTime, Proprietary Web/Mobile, TradingView, MetaTrader 4, while Pepperstone supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide TradingView and MetaTrader 4. IG has exclusive access to ProRealTime and Proprietary Web/Mobile. Pepperstone has exclusive access to cTrader and IRESS and MetaTrader 5.
Neither IG 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 IG 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.
IG's platform ecosystem and multi-asset options appeal to active traders.
IG provides a Stocks & Shares ISA, aiding beginner tax-advantaged saving.
IG offers 30 exchanges, delivering broad global market access.
Pepperstone offers lower per-trade costs on share CFDs than IG.
IG provides an ISA wrapper and real share dealing for long-term accounts.
| N/A |
| 0.7 pips |
| Inactivity fee | £12/month (after 24 months) | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPal | Bank transferCredit cardDebit cardPayPalSkrill |
|---|
| Withdrawal methods | Bank transferDebit cardPayPal | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | Yes | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FCA ASIC DFSA FMA CMVM BaFin Finanstilsynet Finanstilsynet Finansinspektionen CBI NFA KNF | FCA ASIC DFSA FMA BaFin CySEC |
|---|
| Platforms | ProRealTime Proprietary Web/Mobile TradingView MetaTrader 4 | cTrader IRESS MetaTrader 5 TradingView MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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