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FxPro vs Pepperstone: Comparison and Analysis

Trying to figure out whether to use FxPro or Pepperstone? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of FxPro and Pepperstone side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
72.87% of retail investor accounts lose money
FxPro review
Open Account
74-89% of retail investor accounts lose money when trading CFDs
Pepperstone review

Overall Ratings


Rated
80
Rated
90

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • FxPro
  • Pepperstone

Security 95
Security 94

Cost 58
Cost 78

Trading 76
Trading 100

Education 83
Education 71

Company Info


Foundation
2006
2010
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), cro, cz, dan, de, es, est, fi, fr, hu, lit, nor, po, pol, ru, ko, ind, viet, mal, it, sw, ur
en, ar, es, pol, ru, ko, viet, it, chi

Leverage


Non-EU Leverage ?
500:1
200:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
0
0
Canadian Leverage ?
0
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
3896000
399331
SimilarWeb - Total Visits
552472
416901
Facebook Likes
725969
66224
Twitter Likes
13120000
1800000
Instagram Likes
4120000
192258

Deposit and Withdrawal


Minimum Deposit ?
100 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
UnionPay
Bpay, POLi, UnionPay
Deposit Waiting Time ?
up to 10 minutes
1 business day
Withdraw Waiting Time ?
1 business day
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
AUD, EUR, GBP, USD, CHF, JPY, PLN
AUD, EUR, GBP, USD, CAD, CHF, HKD, JPY, NZD, SGD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
6.18
0.5
Natural Gas ?
5.40
5.0
Silver ?
2.07
0.5
Platinum ?
1.50
Copper ?
Soybeans ?
1.37
Corn ?
0.96
Gold ?
20.31
0.5

Forex Fixed Spreads


EUR/GBP Spread
1.6
EUR/USD Spread
1.5
USD/JPY Spread
1.6
GBP/USD Spread
1.8
USD/CHF Spread
1.8
AUD/USD Spread
USD/CAD Spread
1.6
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
0.45
0.09
USD/JPY Average Spread
0.53
0.19
USD/CHF Average Spread
0.85
0.35
GBP/USD Average Spread
1.02
0.38
USD/CAD Average Spread
0.88
0.27
AUD/USD Average Spread
0.87
0.17
NZD/USD Average Spread
1
0.32
EUR/GBP Average Spread
0.85
0.41

Fees on Stocks


Apple
0.62
Facebook
0.44
Alphabet
Snapchat
BP
Tesco
0.67
Barclays
1.50
Lloyds
0.20

Fees on Indices


FTSE100
1.22
1.05
S&P500
0.74
0.47
Dow Jones
3.24
2.0
Nasdaq
1.59
2.0
CAC40
1.62
DAX30
1.64
0.9
Nikkei 225
11.22
8.0
Euro Stoxx 50
1.87
2.0

Fees on Cryptocurrencies


Bitcoin
1
1
Ethereum
3.5
$4.0
Ripple
0.02
0
Litecoin
0.9
$3.0
Bitcoin Cash
50.0
$4.0
Dash
0
$3.0
Monero
0
0
Neo
0
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, ar, cz, de, es, fr, hu, po, pol, rom, ru, sk, tur, ko, ind, viet, it, chi
en, ar, es, po, ko, viet, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
75
70
Crypto ?
75
70
Commodities ?
17
15
Stocks ?
156
61
Indices ?
24
14
ETF ?
Futures ?
20
Options ?
Bonds ?
Metal ?
7
5
Agricultural ?
7
5
Energies ?
3
5
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
variable
0.01 lots
Maximum Trade Size ?
variable
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, cz, de, es, fr, hu, po, pol, ru, thai, ko, ind, viet, mal, it, ur, chi
en, ar, es, pol, ru, thai, ko, viet, it, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

FxPro vs Pepperstone: A Comprehensive Comparison

When choosing a forex broker, traders are often faced with multiple options, making it challenging to determine the best fit for their trading style and objectives. In this comparison, we will take a look at two popular brokers, FxPro and Pepperstone, and evaluate their offerings across various categories.

Security and Regulations

Both FxPro and Pepperstone are regulated by multiple tier-one authorities, ensuring the highest level of client fund protection. FxPro is regulated by FCA, CySEC, FSCA, and SCB (Bahamas), while Pepperstone is regulated by FCA, ASIC, DFSA, CySEC, SCB, and CMA. With FxPro having a security rating of 95 and Pepperstone with a security rating of 94, both brokers have excellent security measures in place.

Demo Accounts

FxPro’s demo account has a duration of 180 days, with virtual funds of $100,000, which can be restored directly from the FxPro Direct dashboard. In contrast, Pepperstone’s demo account has a duration of 30 days for MT4 and MT5 accounts, and it is unlimited for cTrader accounts, with virtual funds of $50,000, which can be restored by contacting customer support.

Account Opening and Types

FxPro requires a minimum deposit of $100, and clients can choose from several account types, including MT4 account, MT5 account, cTrader account, Spread Betting account, Islamic account, and VIP account for advanced traders. FxPro offers a variety of payment methods, including wire transfers, credit/debit cards, and eWallets, and accounts can be opened in USD, EUR, GBP, CHF, PLN, AUD, JPY, or ZAR.

Pepperstone has no minimum deposit requirement, but the broker suggests a minimum deposit of $200. Pepperstone offers various account types, including Standard account, Razor account, Spread Betting account, MAM/PAMM account, and Professional account for advanced traders. Pepperstone offers over 10 base currencies, including USD, EUR, AUD, and GBP, and clients can choose from a range of payment methods, including wire transfers, credit/debit cards, eWallets, and local payment methods.

Social-Copy Trading

FxPro does not offer social or copy trading features, while Pepperstone offers third-party platforms such as Duplitrade and Myfxbook, allowing traders to engage in copy trading through their Pepperstone account.

Markets

Both brokers offer a range of markets, with FxPro offering 70+ forex pairs, 15 commodities, 18 indices, 28 crypto assets, and over 2,000 stocks. Pepperstone offers 70 forex pairs, 15 commodities, 14 indices, 70 crypto assets, and 60+ stocks. Both brokers offer CFD trading only, making them more suitable for short-term investors.

Trading Fees

FxPro’s spreads are variable and start from 0.1 pips on forex, lower than the market average, but fixed spreads start from 1.6 pips on forex, higher than the market average. Pepperstone’s spreads are variable and start from 0 pips on forex, lower than the market average. Pepperstone charges a commission of up to $7 per lot traded, making it an excellent choice for scalpers.

Platforms

FxPro offers several platforms, including FxPro EDGE via WebTrader and FxPro Mobile App, MT4, MT5, and cTrader, while Pepperstone offers MT4, MT5, and cTrader, all available via WebTrader, desktop, and mobile. All platforms offered by Pepperstone allow traders to engage in algo trading, and the broker also offers VPS services.

Education and Customer Care

FxPro’s educational resources are limited, with only basic video tutorials and PDF guides available for beginners and a few resources for professionals. However, customer care is easy to contact via phone, email, and live chat, with over 30 languages available.

Pepperstone offers a good range of educational material, mostly geared towards beginner traders, with webinars also available. The broker’s customer care is easy to contact via email, telephone, and live chat, with over 12 languages available. In 2019, Pepperstone won the “Best Customer Service in Europe” award.

Conclusion

In conclusion, both FxPro and Pepperstone are excellent brokers with their strengths and weaknesses. FxPro offers a more extended demo account duration, more account types, and a more extensive range of markets, while Pepperstone has no minimum deposit requirement, offers lower spreads, and better educational resources for beginners. Traders looking for social-copy trading features may prefer Pepperstone, while those interested in algo trading may opt for Pepperstone due to its VPS services. Ultimately, traders need to weigh their priorities and trading style when selecting between FxPro and Pepperstone.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
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