Pepperstone
Nexo
VS
Higher Rated
Pepperstone
Capital at risk · T&Cs apply
Choosing between Pepperstone and Nexo depends on your trading style, preferred markets, and budget. Pepperstone is headquartered in Melbourne, Australia, while Nexo operates from London, UK. Pepperstone has the longer track record, established in 2010, compared to Nexo which was founded in 2018. 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
Nexo
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
Nexo
$200 vs $0
Pepperstone
Nexo
Pepperstone
Nexo
Lower feesPepperstone holds licences from ASIC, FCA, CySEC. Nexo is regulated by FCA.
Both brokers offer access to Crypto markets. Pepperstone additionally covers Forex, Cfd, Stocks, Indices.
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Nexo offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Pepperstone requires a minimum deposit of $200, while Nexo sets no minimum deposit. This makes Nexo accessible to traders with any budget.
BrokerRank scores Pepperstone at 4.12/5 and Nexo at 3.18/5, 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 Nexo'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 Nexo starts at 0 pips. Check the fees section above for a full breakdown.
Pepperstone requires a minimum deposit of $200. Nexo requires $0.
Pepperstone is regulated by ASIC, FCA, CySEC, while Nexo holds licences from FCA.
Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Nexo 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.