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FxPro
Capital at risk · T&Cs apply
In the competitive landscape of online trading, FxPro and Pepperstone stand out as reputable brokers with distinct offerings tailored to different types of traders. FxPro, established in 2006 and headquartered in London, appeals to traders prioritising a strong regulatory framework and diverse platform options, including MT4, MT5, and proprietary platforms, though it requires a $100 minimum deposit and offers higher spreads on standard accounts. In contrast, Pepperstone, founded in 2010 in Melbourne, attracts cost-conscious traders with its tight spreads starting at 0.0 pips on its Razor account, despite a $200 minimum deposit and the absence of stock trading options. Both brokers offer top-tier regulation and high leverage up to 1:500, but their unique strengths cater to different trading preferences and strategies.
FxPro
Pepperstone
| FxPro | Pepperstone | |
|---|---|---|
| BrokerRank Score | 4.1/5 | 4.1/5 ✓ |
| Min. Deposit | $100 ✓ | $200 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, CySEC, ASIC | ASIC, FCA, CySEC |
| Platforms | MT4, MT5, Proprietary Web | MT4, MT5, TradingView |
FxPro (4.1/5) and Pepperstone (4.1/5) are closely matched. Pepperstone has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowFxPro
WinnerPepperstone
FxPro
Pepperstone
FxPro, founded in 2006, is headquartered in London, UK, and is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). This strong regulatory framework ensures client funds are protected through segregated accounts and negative balance protection, upholding a high standard of safety.
Pepperstone, established in 2010, is based in Melbourne, Australia, and likewise benefits from regulation by the FCA, ASIC, and CySEC. Pepperstone also offers the security of segregated client accounts and negative balance protection. Both brokers adhere to stringent regulatory standards, providing traders with confidence in fund protection schemes.
FxPro offers competitive spreads starting from 0.6 pips with no commission on trades, making it attractive for traders who prefer a commission-free structure. The minimum deposit required is $100, which is relatively accessible. However, traders should note that FxPro's standard account spreads can be higher compared to some competitors. Overnight fees apply and should be considered by traders who maintain positions overnight.
Pepperstone provides spreads starting from 0 pips on its Razor account, with a commission of $3.5 per lot, offering a low-cost trading environment for those who prefer tighter spreads. The minimum deposit is $200, and traders should be aware of the inactivity fee applied after 12 months of inactivity. Overnight fees are applicable, similar to most brokers.
FxPro supports MetaTrader 4, MetaTrader 5, and its proprietary web and mobile platforms, catering to a variety of trader preferences. Its platforms are known for robust execution and comprehensive trading tools. Pepperstone offers MetaTrader 4, MetaTrader 5, TradingView, and a proprietary mobile platform, appealing to traders who value advanced charting and analytical tools. The addition of TradingView provides enhanced charting capabilities, making it a strong option for technical traders.
For beginners, Pepperstone's educational resources and tighter spreads make it the preferable choice. Professional traders may favour FxPro for its lower minimum deposit and commission-free trading structure. On fees, Pepperstone edges out with lower spreads on its Razor account, despite the commission.
FxPro
4.1/5
Choose FxPro if you want…
Pepperstone
4.1/5
Choose Pepperstone if you want…
FxPro (4.1/5) and Pepperstone (4.1/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
FxPro offers spreads from 0.6 pips, while Pepperstone starts at 0 pips. Check the fees section above for a full breakdown.
FxPro requires a minimum deposit of $100. Pepperstone requires $200.
FxPro is regulated by FCA, CySEC, ASIC, while Pepperstone holds licences from ASIC, FCA, CySEC.
FxPro supports MT4, MT5, 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.