FXPro vs. Pepperstone – Which Broker is the Best for Your Trading Needs?

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Verdict

FXPro and Pepperstone are leading global Forex brokers, but which one should you trust for your Forex portfolios?

I have conducted an in-depth review of FXPro vs. Pepperstone to determine which is the better overall choice and which traders will benefit most from either broker.

Headquarters	United Kingdom	Australia
Regulators	N/A	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established	2006	2010
Execution Type(s)	No Dealing Desk	No Dealing Desk, NDD
Minimum Deposit	$100	$0
Trading Platform(s)	Other, MetaTrader 4, MetaTrader 5, cTrader+	Other, MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Trading View+
Average Trading Cost EUR/USD	1.3 pips	1.1 pips
Average Trading Cost GBP/USD	1.5 pips	1.4 pips
Average Trading Cost WTI Crude Oil	$0.03	$2.50
Average Trading Cost Gold	$0.29	$0.15
Retail Loss Rate	N/A	74-89%
Minimum Raw Spreads	N/A	0.0 pips
Minimum Standard Spreads	N/A	1.0 pips
Minimum Commission for Forex	N/A	6.00 per round lot (cTrader) / $7.00 per round lot (MT4/MT5)
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
	Visit Website	Visit Website 75-95% of traders on margin lose

Here is a snapshot of the most notable advantages of FXPro:

• NDD Forex broker with deep liquidity via proprietary liquidity aggregator Quotix.
• Average order execution speed of 13 milliseconds.
• Order execution of 7,000+ per second.
• 84.3% of orders with no or positive slippage.
• MT4/MT5 Trading Central plugin.
• Cutting-edge proprietary trading platform and mobile app.
• Quality education.

Here is a snapshot of the most notable advantages of Pepperstone:

• 28-plugin Smart Trader Tools upgrade for MT4/MT5 plus Autochartist.
• Average daily trading processing valued at $9.2+ billion.
• Three-tier volume-based rebate program.
• API trading for advanced algorithmic trading solutions.
• VPS hosting for 24/7 low-latency Forex trading.
• 99.90% order fill rate.
• Quality education for beginners, including trading guides, videos, and webinars.
• In-house research.

Features & Platforms

MT4
MT5
cTrader
Proprietary Platform
Automated Trading
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
	Visit Website	Visit Website 75-95% of traders on margin lose

Available Markets

Currency Pairs	N/A
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)		N/A
ETFs
Futures
Synthetics
	Visit Website	Visit Website 75-95% of traders on margin lose

My Pepperstone review found that traders there can diversify with 96 currency pairs and 3 currency indices. It exceeded the well-balanced asset selection during my FXPro review, which offers 70+ currency pairs.

Here is why Pepperstone is a better choice for most traders:

• 1,200+ CFDs, including 100+ CFDs.
• Better currency diversification.
• Cryptocurrency CFD trading (geographical restrictions apply).

Typical Spreads & Fees

Average Trading Cost EUR/USD	1.3 pips	1.1 pips
Average Trading Cost GBP/USD	1.5 pips	1.4 pips
Average Trading Cost WTI Crude Oil	$0.03	$2.50
Average Trading Cost Gold	$0.29	$0.15
Average Trading Cost Bitcoin	$38	25
Minimum Raw Spreads	N/A	0.0 pips
Minimum Standard Spreads	N/A	1.0 pips
Minimum Commission for Forex	N/A	6.00 per round lot (cTrader) / $7.00 per round lot (MT4/MT5)
Deposit Fee	N/A
Withdrawal Fee	N/A
Inactivity Fee	N/A	$0
	Visit Website	Visit Website 75-95% of traders on margin lose

FXPro and Pepperstone offer traders a choice of commission-free and commission-based trading accounts, but which one is cheaper?

Pepperstone’s fees are over 50%+ lower in commission-free accounts and commission-based fees by 16%+, making Pepperstone cheaper for Forex traders. Equity traders can benefit from commission-free trading at FXPro.

Account Types

FXPro and Pepperstone have similar primary account options, but the Pepperstone account types include managed account modules for fund managers, while FXPro’s account types do not.

Are there any other noteworthy differences in the account structure between FXPro vs. Pepperstone?

Here is what stands out the most:

• Pepperstone offers TradingView.
• Pepperstone has lower commission-free trading fees.
• Pepperstone has no minimum deposit requirement.
• FXPro traders must use cTrader if they want the most competitive commission-based trading fees.

Minimum Deposit

How difficult is it to deposit at FXPro vs. Pepperstone?

The Pepperstone minimum deposit is $0, compared to a reasonable $100 minimum deposit at FXPro. Both brokers maintain a trusted deposit infrastructure, while neither FXPro nor Pepperstone supports cryptocurrency deposits. Pepperstone holds an edge as it offers more deposit payment processors and allows more deposit currencies, resulting in greater convenience.

Minimum Withdrawal

Which withdrawal process is better: FXPro or Pepperstone?

FXPro and Pepperstone have trusted Forex withdrawal processes that honour all valid requests. Neither broker levies internal withdrawal fees nor supports cryptocurrency withdrawals. I give Pepperstone a minor edge, as during my Pepperstone review, internal withdrawal processing times were faster, and same-day withdrawals were possible if traders submitted their requests on time.

Security & Trust

Country of the Regulator	The Bahamas, Cyprus, United Kingdom, South Africa	United Arab Emirates, Australia, The Bahamas, Cyprus, Germany, Kenya, United Kingdom
Name of the Regulator	N/A	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Regulatory License Number	509956, 078/07, 45052, SIA-F184	414530, 91279, 128, 388/20, F004356, 684312, F217
Regulatory Tier	1, 1, 2, 4	N/A
	Visit Website	Visit Website 75-95% of traders on margin lose

Which broker is more secure and trustworthy?

FXPro and Pepperstone have outstanding operational track records with multiple regulators spanning 13+ years, but FXPro also has € 100,000,000 in Tier-1 corporate capital. Both brokers segregate client deposits from corporate funds and offer negative balance protection. Therefore, I consider both Forex brokers to be equally secure and trustworthy.

FxPro versus Pepperstone Verdict

FxPro

Pepperstone

Which Forex broker is better?

FXPro and Pepperstone established themselves as market-leading Forex brokers with a competitive edge, including low trading fees.

Here is my verdict:

FXPro is an outstanding Forex broker, but Pepperstone pulls ahead amid a more balanced product and services portfolio, which traders can evaluate in the Pepperstone demo account. Of course, you can open a demo account with FXPro and evaluate their offering.

FAQs

Can I trust Pepperstone?

Traders can trust Pepperstone as it has an impeccable track record exceeding 13+ years with numerous regulators.

Why is Pepperstone the best?

While every trader should evaluate Pepperstone’s trading conditions and decide if they are the best for their requirements, Pepperstone generally ranks among the leading brokers in categories that determine a competitive trading environment.