Pepperstone
Interactive Brokers
VS
Higher Rated
Interactive Brokers
Capital at risk · T&Cs apply
Compare Pepperstone and Interactive Brokers side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Pepperstone
Interactive Brokers
| Pepperstone | Interactive Brokers | |
|---|---|---|
| BrokerRank Score | 4.1/5 | 4.4/5 ✓ |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:500 ✓ | 1:4 |
| Regulation | ASIC, FCA, CySEC | SEC, CFTC, FCA ✓ |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
Interactive Brokers is the better choice overall, scoring 4.4/5 vs 4.1/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).
See full side-by-side comparison belowPepperstone
Interactive Brokers
WinnerPepperstone
Interactive Brokers
Pepperstone scores 4.12/5 while Interactive Brokers scores 4.43/5 in our independent rating.
Interactive Brokers edges ahead overall, but Pepperstone may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Pepperstone
4.1/5
Choose Pepperstone if you want…
Interactive Brokers
4.4/5
Choose Interactive Brokers if you want…
Interactive Brokers scores higher overall on our independent rating system. Pepperstone holds a 4.1/5 rating vs Interactive Brokers's 4.4/5. 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 Interactive Brokers starts at 0.2 pips. Check the fees section above for a full breakdown.
Pepperstone requires a minimum deposit of $200. Interactive Brokers requires $0.
Pepperstone is regulated by ASIC, FCA, CySEC, while Interactive Brokers holds licences from SEC, CFTC, FCA, MAS, ASIC.
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Interactive Brokers supports Proprietary Web, Proprietary Mobile.
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.