FxPro vs Pepperstone 2026: Which Broker is Better?

Regulation & Safety

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.

Fees & Spreads

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.

Trading Platforms

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.

Who Should Choose FxPro?

• Traders looking for a broker with a long-standing reputation and FCA regulation.
• Those who prefer to trade without commissions and are comfortable with slightly higher spreads.
• Traders requiring a low minimum deposit of $100.
• Investors interested in using proprietary trading platforms alongside MT4 and MT5.

Who Should Choose Pepperstone?

• Traders seeking the lowest spreads starting from 0 pips with commission-based accounts.
• Clients requiring top-tier regulation from ASIC, FCA, and CySEC.
• Traders who value advanced charting tools available with TradingView integration.
• Investors interested in accessing smart trading tools and educational resources.

Our Verdict

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.