Pepperstone
Capital Index
VS
Higher Rated
Pepperstone
Capital at risk · T&Cs apply
Choosing between Pepperstone and Capital Index depends on your trading style, preferred markets, and budget. Pepperstone is headquartered in Melbourne, Australia, while Capital Index operates from London, UK. Pepperstone has the longer track record, established in 2010, compared to Capital Index which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Pepperstone
Capital Index
Pepperstone is the better choice overall, scoring 4.1/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Pepperstone
4.1 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Pepperstone
3 vs 1 licences
Min. Deposit
Capital Index
$200 vs $100
Pepperstone
Capital Index
Pepperstone
Capital Index
Lower feesPepperstone holds licences from ASIC, FCA, CySEC. Capital Index is regulated by FCA.
Both brokers offer access to Forex, Cfd, Crypto, Indices markets. Pepperstone additionally covers Stocks. Capital Index adds Commodities.
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Capital Index offers MT4, MT5. Both brokers are available on MT4, MT5.
Pepperstone requires a minimum deposit of $200, while Capital Index sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
BrokerRank scores Pepperstone at 4.12/5 and Capital Index at 3.21/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Pepperstone leads overall with a clear advantage.
Pepperstone scores higher overall on our independent rating system. Pepperstone holds a 4.1/5 rating vs Capital Index's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Pepperstone offers spreads from 0 pips, while Capital Index starts at 0 pips. Check the fees section above for a full breakdown.
Pepperstone requires a minimum deposit of $200. Capital Index requires $100.
Pepperstone is regulated by ASIC, FCA, CySEC, while Capital Index holds licences from FCA.
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Capital Index supports MT4, MT5.
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.