Higher Rated
Pepperstone
Capital at risk · T&Cs apply
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
| Pepperstone | Exness | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.8/5 |
| Min. Deposit | $200 | $10 ✓ |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:500 | 1:2000 ✓ |
| Regulation | ASIC, FCA, CySEC | FCA, CySEC, FSCA |
| Platforms | MT4, MT5, TradingView | MT4, MT5, Proprietary Mobile |
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 belowPepperstone
WinnerExness
Pepperstone
Lower feesExness
Pepperstone holds licences from ASIC, FCA, CySEC. Exness is regulated by FCA, CySEC, FSCA.
Both brokers offer access to Forex, Cfd, Crypto, Stocks, Indices markets.
On spreads, Pepperstone is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at Exness.
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Exness offers MT4, MT5, Proprietary Mobile. Both brokers are available on MT4, MT5, Proprietary Mobile.
Pepperstone requires a minimum deposit of $200, while Exness sets a minimum deposit of $10. Both are suitable for traders with moderate starting capital.
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.
Pepperstone
4.1/5
Choose Pepperstone if you want…
Exness
3.8/5
Choose Exness if you want…
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.
Pepperstone offers spreads from 0 pips, while Exness starts at 0.1 pips. Check the fees section above for a full breakdown.
Pepperstone requires a minimum deposit of $200. Exness requires $10.
Pepperstone is regulated by ASIC, FCA, CySEC, while Exness holds licences from FCA, CySEC, FSCA.
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Exness supports MT4, MT5, 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.