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

Fyers vs Pepperstone 2026: Which Broker is Better?

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

Fyers

Pepperstone

Higher ratedPepperstone logo

Pepperstone

4.1/ 5
Visit Pepperstone →Full review
VS
FyersPepperstone
BrokerRank Score3.1/54.1/5 ✓
Min. Deposit$0 ✓$200
Spread from0 pips0 pips
Max Leverage1:51:500 ✓
RegulationSEBIASIC, FCA, CySEC ✓
PlatformsFYERS Web, FYERS App, FYERS MarketsMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
FyersPepperstone
Best for Low Fees
FyersPepperstone
Best for Regulation
PepperstoneFyers
Best Overall
PepperstoneFyers
Quick Answer

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

See full side-by-side comparison below

Fyers vs Pepperstone: Key Differences

Feature

Fyers

Pepperstone

Our Rating
3.1 / 5
4.1 / 5
Min. Deposit
$0
$200
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$3.5/lot
Regulated By
Platforms
FYERS Web, FYERS App, FYERS Markets
MT4, MT5, TradingView, Proprietary Mobile
Markets
Stocks, Etf, Futures, Options
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2015
2010
Headquarters
Bangalore, India
Melbourne, Australia
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Fyers

Lower fees

Pepperstone

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

BrokerRank Verdict

Fyers scores 3.13/5 while Pepperstone scores 4.12/5 in our independent rating.

Pepperstone edges ahead overall, but Fyers 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?

Fyers

Fyers

3.1/5

Choose Fyers if you want…

  • No per-trade commission
  • No minimum deposit
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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Both Fyers & Pepperstone are available in

Frequently Asked Questions

1

Is Fyers better than Pepperstone?

Pepperstone scores higher overall on our independent rating system. Fyers 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, Fyers or Pepperstone?

Fyers 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 Fyers vs Pepperstone?

Fyers requires a minimum deposit of $0. Pepperstone requires $200.

4

Which broker is safer, Fyers or Pepperstone?

Fyers is regulated by SEBI, while Pepperstone holds licences from ASIC, FCA, CySEC.

5

What trading platforms do Fyers and Pepperstone support?

Fyers supports FYERS Web, FYERS App, FYERS Markets. Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Fyers 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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