Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

Pepperstone vs Exness 2026: Which Broker is Better?

Choosing between Pepperstone and Exness depends on your trading style, preferred markets, and budget. Pepperstone is headquartered in Melbourne, Australia, while Exness operates from Limassol, Cyprus. Exness has the longer track record, established in 2008, compared to Pepperstone which was founded in 2010. 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

Exness

Higher ratedPepperstone logo

Pepperstone

4.1/ 5
Visit Pepperstone →Full review
VS
PepperstoneExness
BrokerRank Score4.1/5 ✓3.8/5
Min. Deposit$200$10 ✓
Spread from0 pips ✓0.1 pips
Max Leverage1:5001:2000 ✓
RegulationASIC, FCA, CySECFCA, CySEC, FSCA
PlatformsMT4, MT5, TradingViewMT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
ExnessPepperstone
Best for Low Fees
PepperstoneExness
Best for Regulation
PepperstoneExness
Best Overall
PepperstoneExness
Quick Answer

Pepperstone is the better choice overall, scoring 4.1/5 vs 3.8/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).

See full side-by-side comparison below

Pepperstone vs Exness: Key Differences

Feature

Pepperstone

Winner

Exness

Our Rating
4.1 / 5
3.8 / 5
Min. Deposit
$200
$10
Max Leverage
Spread From
0 pips
0.1 pips
Commission
$3.5/lot
$3.5/lot
Platforms
MT4, MT5, TradingView, Proprietary Mobile
MT4, MT5, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2010
2008
Headquarters
Melbourne, Australia
Limassol, Cyprus
Score
3 / 4
1 / 4

Still deciding between Pepperstone and Exness?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

Pepperstone

Lower fees

Exness

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

Regulation & Trust

Pepperstone holds licences from ASIC, FCA, CySEC. Exness is regulated by FCA, CySEC, FSCA.

Markets & Assets

Both brokers offer access to Forex, Cfd, Crypto, Stocks, Indices markets.

Fees & Spreads

On spreads, Pepperstone is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at Exness.

Trading Platforms

Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Exness offers MT4, MT5, Proprietary Mobile. Both brokers are available on MT4, MT5, Proprietary Mobile.

Minimum Deposit

Pepperstone requires a minimum deposit of $200, while Exness sets a minimum deposit of $10. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores Pepperstone at 4.12/5 and Exness at 3.77/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Pepperstone leads overall with a clear advantage.

BrokerRank Verdict

Pepperstone is our recommended pick in this comparison, scoring 4.12/5 versus Exness's 3.77/5. Pepperstone holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. Pepperstone also provides tighter spreads (0.0 pips) versus 0.1 pips at Exness. Traders with smaller budgets may find Exness's lower minimum deposit of $10 more accessible. Exness is still a solid option for beginners starting with a smaller initial capital, but Pepperstone offers a stronger overall package for the majority of traders.

Who Should Choose Which?

Pepperstone

Pepperstone

4.1/5

Top pick

Choose Pepperstone if you want…

  • Higher overall rating (4.1/5)
  • Tighter spreads (from 0 pips)
  • More platforms (4 supported)
Exness

Exness

3.8/5

Choose Exness if you want…

  • Lower minimum deposit ($10)
  • Higher leverage (up to 1:2000)
  • More established (est. 2008)

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both Pepperstone & Exness are available in

Frequently Asked Questions

1

Is Pepperstone better than Exness?

Pepperstone scores higher overall on our independent rating system. Pepperstone holds a 4.1/5 rating vs Exness's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Pepperstone or Exness?

Pepperstone offers spreads from 0 pips, while Exness starts at 0.1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Pepperstone vs Exness?

Pepperstone requires a minimum deposit of $200. Exness requires $10.

4

Which broker is safer, Pepperstone or Exness?

Pepperstone is regulated by ASIC, FCA, CySEC, while Exness holds licences from FCA, CySEC, FSCA.

5

What trading platforms do Pepperstone and Exness support?

Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Exness supports MT4, MT5, Proprietary Mobile.

6

Can I use both Pepperstone and Exness?

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

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply