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Side-by-Side Comparison Independent Updated Oct 26, 2026

Sanlam iTrade vs Pepperstone 2026: Which Broker is Better?

Compare Sanlam iTrade and Pepperstone side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Sanlam iTrade

Pepperstone

Higher ratedPepperstone logo

Pepperstone

4.1/ 5
Visit Pepperstone →Full review
VS
Sanlam iTradePepperstone
BrokerRank Score3.1/54.1/5 ✓
Min. Deposit$0 ✓$200
Spread from0 pips0 pips
Max Leverage1:51:500 ✓
RegulationFSB, JSEASIC, FCA, CySEC ✓
PlatformsSanlam iTrade Platform, Sanlam AppMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
Sanlam iTradePepperstone
Best for Low Fees
Sanlam iTradePepperstone
Best for Regulation
PepperstoneSanlam iTrade
Best Overall
PepperstoneSanlam iTrade
Quick Answer

Pepperstone is the better choice overall, scoring 4.1/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Sanlam iTrade offers lower spreads (0 pips).

See full side-by-side comparison below

Sanlam iTrade vs Pepperstone: Key Differences

Feature

Sanlam iTrade

Pepperstone

Our Rating
3.1 / 5
4.1 / 5
Min. Deposit
$0
$200
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.4/lot
$3.5/lot
Regulated By
FSBJSE
Platforms
Sanlam iTrade Platform, Sanlam App
MT4, MT5, TradingView, Proprietary Mobile
Markets
Stocks, Etf, Bonds, Funds
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2000
2010
Headquarters
Cape Town, South Africa
Melbourne, Australia
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Sanlam iTrade

Lower fees

Pepperstone

Spread From
0 pips
0 pips
Commission
$0.4/lot
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Sanlam iTrade scores 3.08/5 while Pepperstone scores 4.12/5 in our independent rating.

Pepperstone edges ahead overall, but Sanlam iTrade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Sanlam iTrade

Sanlam iTrade

3.1/5

Choose Sanlam iTrade if you want…

  • No minimum deposit
  • More established (est. 2000)
Pepperstone

Pepperstone

4.1/5

Top pick

Choose Pepperstone if you want…

  • Higher overall rating (4.1/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)

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.

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4.0
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Both Sanlam iTrade & Pepperstone are available in

Frequently Asked Questions

1

Is Sanlam iTrade better than Pepperstone?

Pepperstone scores higher overall on our independent rating system. Sanlam iTrade holds a 3.1/5 rating vs Pepperstone's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Sanlam iTrade or Pepperstone?

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

3

What is the minimum deposit for Sanlam iTrade vs Pepperstone?

Sanlam iTrade requires a minimum deposit of $0. Pepperstone requires $200.

4

Which broker is safer, Sanlam iTrade or Pepperstone?

Sanlam iTrade is regulated by FSB, JSE, while Pepperstone holds licences from ASIC, FCA, CySEC.

5

What trading platforms do Sanlam iTrade and Pepperstone support?

Sanlam iTrade supports Sanlam iTrade Platform, Sanlam App. Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Sanlam iTrade and Pepperstone?

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

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