Higher Rated
Pepperstone
Capital at risk · T&Cs apply
In this detailed comparison of Exante and Pepperstone, we explore the fundamental differences that cater to distinct trader profiles. Exante, based in Malta, appeals to experienced traders with its professional-grade platform and extensive access to over 50 global markets, though it requires a substantial minimum deposit of $10,000. Meanwhile, Pepperstone, headquartered in Australia, is more accessible to retail traders due to its lower minimum deposit of $200 and offers the advantage of high leverage up to 1:500, particularly appealing to those interested in forex and CFD trading. Both brokers are regulated by top-tier authorities such as the FCA and CySEC, ensuring a secure trading environment.
Exante
Pepperstone
| Exante | Pepperstone | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.1/5 ✓ |
| Min. Deposit | $10000 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:30 | 1:500 ✓ |
| Regulation | FCA, CySEC | ASIC, FCA, CySEC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
Pepperstone is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Exante offers lower spreads (0 pips).
See full side-by-side comparison belowExante
Pepperstone
WinnerExante
Lower feesPepperstone
Exante, established in 2011 and headquartered in Valletta, Malta, is regulated by two prominent financial authorities: the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC). These regulatory bodies ensure that Exante adheres to stringent standards for client fund protection, including segregated accounts and participation in compensation schemes, which enhance the safety of client investments.
Pepperstone, founded in 2010 and based in Melbourne, Australia, is regulated by the Australian Securities and Investments Commission (ASIC), along with the FCA and CySEC. This triple-tier regulation provides an extensive safety net for investors. ASIC is known for its robust regulatory framework, which includes stringent capital requirements and regular audits. Both brokers provide a strong level of investor protection, but Pepperstone's multi-continental regulation offers an added layer of security.
Exante offers spreads starting from 0 pips, but its commission structure can be complex, with charges of 0.02 per transaction. The broker requires a substantial minimum deposit of $10,000, which may be prohibitive for some traders. Overnight fees apply, but specific rates depend on the asset class. Exante’s fee structure makes it more suitable for high-volume traders who can capitalise on the narrow spreads.
Pepperstone also offers competitive spreads from 0.0 pips on its Razor account, with a commission of $3.5 per lot. The minimum deposit is significantly lower at $200, making it accessible to a broader range of traders. While inactivity fees apply after 12 months, the overall fee structure is straightforward and appealing to both beginners and professionals. This makes Pepperstone an attractive option for cost-conscious traders who value transparency.
Exante provides a proprietary web and mobile trading platform, designed for professional-grade performance and access to over 500,000 financial instruments across 50+ markets. Pepperstone, on the other hand, offers the widely acclaimed MetaTrader 4 and 5 platforms, TradingView, and a proprietary mobile app. These platforms are complemented by Smart Trader Tools, enhancing functionality and providing a robust trading experience. Pepperstone's platform variety offers flexibility and advanced tools, catering to a wide range of trading strategies.
Pepperstone emerges as the winner for beginners due to its low minimum deposit and comprehensive educational resources. For professional traders, Exante offers extensive market access and advanced trading platforms. On fees, Pepperstone’s straightforward structure and competitive spreads make it the more cost-effective choice.
Exante
3.6/5
Choose Exante if you want…
Similar strengths to Pepperstone — compare below.
Pepperstone
4.1/5
Choose Pepperstone if you want…
Pepperstone scores higher overall on our independent rating system. Exante holds a 3.6/5 rating vs Pepperstone's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Exante offers spreads from 0 pips, while Pepperstone starts at 0 pips. Check the fees section above for a full breakdown.
Exante requires a minimum deposit of $10000. Pepperstone requires $200.
Exante is regulated by FCA, CySEC, while Pepperstone holds licences from ASIC, FCA, CySEC.
Exante supports Proprietary Web, Proprietary Mobile. Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.