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Side-by-Side Comparison Independent Updated Oct 28, 2026

FNB Share Investing vs Pepperstone 2026: Which Broker is Better?

Compare FNB Share Investing and Pepperstone side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

FNB Share Investing

Pepperstone

Higher ratedPepperstone logo

Pepperstone

4.1/ 5
Visit Pepperstone →Full review
VS
FNB Share InvestingPepperstone
BrokerRank Score3.1/54.1/5 ✓
Min. Deposit$0 ✓$200
Spread from0 pips0 pips
Max Leverage1:11:500 ✓
RegulationFSCA, JSEASIC, FCA, CySEC ✓
PlatformsProprietary Web, Proprietary Mobile, FNB AppMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
FNB Share InvestingPepperstone
Best for Low Fees
FNB Share InvestingPepperstone
Best for Regulation
PepperstoneFNB Share Investing
Best Overall
PepperstoneFNB Share Investing
Quick Answer

Pepperstone is the better choice overall, scoring 4.1/5 vs 3.1/5 on BrokerRank's independent rating. On fees, FNB Share Investing offers lower spreads (0 pips).

See full side-by-side comparison below

FNB Share Investing vs Pepperstone: Key Differences

Feature

FNB Share Investing

Pepperstone

Our Rating
3.1 / 5
4.1 / 5
Min. Deposit
$0
$200
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.3/lot
$3.5/lot
Regulated By
FSCAJSE
Platforms
Proprietary Web, Proprietary Mobile, FNB App
MT4, MT5, TradingView, Proprietary Mobile
Markets
Stocks, Etf
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
1998
2010
Headquarters
Johannesburg, South Africa
Melbourne, Australia
Score
2 / 4
2 / 4

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Fees Comparison

Fee

FNB Share Investing

Lower fees

Pepperstone

Spread From
0 pips
0 pips
Commission
$0.3/lot
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FNB Share Investing scores 3.08/5 while Pepperstone scores 4.12/5 in our independent rating.

Pepperstone edges ahead overall, but FNB Share Investing may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

FNB Share Investing

FNB Share Investing

3.1/5

Choose FNB Share Investing if you want…

  • No minimum deposit
  • More established (est. 1998)
Pepperstone

Pepperstone

4.1/5

Top pick

Choose Pepperstone if you want…

  • Higher overall rating (4.1/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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4.0
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Plus500
4.0
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80% of retail CFD accounts lose money.

Both FNB Share Investing & Pepperstone are available in

Frequently Asked Questions

1

Is FNB Share Investing better than Pepperstone?

Pepperstone scores higher overall on our independent rating system. FNB Share Investing holds a 3.1/5 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.

2

Which has lower fees, FNB Share Investing or Pepperstone?

FNB Share Investing offers spreads from 0 pips, while Pepperstone starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FNB Share Investing vs Pepperstone?

FNB Share Investing requires a minimum deposit of $0. Pepperstone requires $200.

4

Which broker is safer, FNB Share Investing or Pepperstone?

FNB Share Investing is regulated by FSCA, JSE, while Pepperstone holds licences from ASIC, FCA, CySEC.

5

What trading platforms do FNB Share Investing and Pepperstone support?

FNB Share Investing supports Proprietary Web, Proprietary Mobile, FNB App. Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both FNB Share Investing and Pepperstone?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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