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Side-by-Side Comparison Independent Updated Oct 2, 2026

Pepperstone vs Sarwa 2026: Which Broker is Better?

Choosing between Pepperstone and Sarwa depends on your trading style, preferred markets, and budget. Pepperstone is headquartered in Melbourne, Australia, while Sarwa operates from Dubai, UAE. Pepperstone has the longer track record, established in 2010, compared to Sarwa which was founded in 2017. 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

Sarwa

Higher ratedPepperstone logo

Pepperstone

4.1/ 5
Visit Pepperstone →Full review
VS
PepperstoneSarwa
BrokerRank Score4.1/5 ✓3.5/5
Min. Deposit$200 ✓$500
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationASIC, FCA, CySEC ✓DFSA, SEC
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
PepperstoneSarwa
Best for Low Fees
PepperstoneSarwa
Best for Regulation
PepperstoneSarwa
Best Overall
PepperstoneSarwa
Quick Answer

Pepperstone is the better choice overall, scoring 4.1/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).

See full side-by-side comparison below

Pepperstone vs Sarwa: Key Differences

Feature

Pepperstone

Winner

Sarwa

Our Rating
4.1 / 5
3.5 / 5
Min. Deposit
$200
$500
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
DFSASEC
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Etf, Stocks, Crypto
Founded
2010
2017
Headquarters
Melbourne, Australia
Dubai, UAE
Score
3 / 4
1 / 4

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Fees Comparison

Fee

Pepperstone

Sarwa

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

Regulation & Trust

Pepperstone holds licences from ASIC, FCA, CySEC. Sarwa is regulated by SEC, DFSA.

Markets & Assets

Both brokers offer access to Crypto, Stocks markets. Pepperstone additionally covers Forex, Cfd, Indices. Sarwa adds Etf.

Trading Platforms

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

Minimum Deposit

Pepperstone requires a minimum deposit of $200, while Sarwa sets a minimum deposit of $500. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores Pepperstone at 4.12/5 and Sarwa at 3.34/5, 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 Sarwa's 3.34/5. Pepperstone holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. Pepperstone is more accessible for new traders with its lower minimum deposit requirement. Sarwa is still a solid option for traders who prefer Sarwa's specific platform or market selection, 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)
  • Lower minimum deposit ($200)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
Sarwa

Sarwa

3.5/5

Choose Sarwa if you want…

  • No per-trade commission

Also consider

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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.

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80% of retail CFD accounts lose money.

Both Pepperstone & Sarwa are available in

Frequently Asked Questions

1

Is Pepperstone better than Sarwa?

Pepperstone scores higher overall on our independent rating system. Pepperstone holds a 4.1/5 rating vs Sarwa's 3.5/5. 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 Sarwa?

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

3

What is the minimum deposit for Pepperstone vs Sarwa?

Pepperstone requires a minimum deposit of $200. Sarwa requires $500.

4

Which broker is safer, Pepperstone or Sarwa?

Pepperstone is regulated by ASIC, FCA, CySEC, while Sarwa holds licences from DFSA, SEC.

5

What trading platforms do Pepperstone and Sarwa support?

Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Sarwa supports Proprietary Web, Proprietary Mobile.

6

Can I use both Pepperstone and Sarwa?

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

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