FxPro vs Pepperstone - Fees Review included
Which broker is better FxPro or Pepperstone? Our expert assessment conducted according to TU’s own methodology showed that FxPro is one of the top brokers in the financial market with the TU Overall Score of 7.9 out of 10. Pepperstone is one of the top brokers in the financial market with the TU Overall Score of 7.17 out of 10. Find out more about TU Overall Score.
| Feature | FxPro | Pepperstone |
|---|---|---|
Overall |
4.6 |
4.4 |
5 |
4.7 |
|
3.9 |
4.7 |
|
4.6 |
4.4 |
|
Investment Instruments |
4.9 |
4.4 |
Platforms and Charting Tools |
4.2 |
4.8 |
Deposit and Withdrawal |
4.5 |
4.5 |
Research |
4.7 |
3.9 |
Education |
4.6 |
4.1 |
Support |
4.5 |
4.3 |
Bonuses |
2.5 |
3.2 |
|
|
|
FxPro vs Pepperstone: Pros and Cons
The FxPro broker was registered in July 2006 in Cyprus. The company’s activities are licensed by financial regulators: CySEC (Cyprus), Bahamas SCB, FCA (UK), and South African FSCA. FxPro is successfully operating in more than 170 countries for retail and institutional clients. The broker has received more than 85 awards, including “Best Forex Trading Platform” and “Best Trading Platform”. FxPro has become known for providing the best trading tools. With FxPro broker, traders can trade more than 70 currency pairs, futures and stocks (Twitter, Apple, Google). The company has stock indices, metals and energy resources at its disposal. FxPro sets high safety standards with the client's funds being kept in large international banks. They are insured and separated from the broker's equity.
Pepperstone (Pepperstone.com) was founded in 2010 in Melbourne, Australia, by professional traders who were not satisfied with the quality of services provided by most brokers. The founders decided to avoid many of the disadvantages of competitors, including high commissions, delayed execution of orders, etc. They also focused on improving the technical component. The company has set itself the goal of changing the “rules of the game” and setting the bar high for online trading. Today, the broker provides clients all over the world with some of the best technological solutions and favorable trading conditions. The company also provides professional tools that help not only master trading as a type of activity, but also significantly increase the efficiency of trades. Pepperstone is regulated by ASIC (Australian Securities and Investments Commission), FCA (UK Financial Conduct Authority), BaFin, DFSA, CMA, SCB, CySec. Clients' assets are held in aggregated accounts with major banks. These facts confirm the reliability of the company and guarantee the safety of the client's capital.
| FxPro | Pepperstone | |
|---|---|---|
| Overall Pros | Regulated in EU and Great Britain | Fast order execution - 30 ms on average |
| Big choice of ECN/STP accounts | Low trading fees | |
| insurance of client funds | Strong luqidity | |
| Strong research and education | Advanced ECN account | |
| PAMM and Copy-trading for investors | Access to TradingView's advanced charting tools | |
| Personal offers for VIP-clients | Strong regulation | |
| Overall Cons | High spreads and fees | The company offer Crypto CFDs outside Africa and UK |
| No forex bonuses |
FxPro vs Pepperstone: Safety and Regulation
| FxPro | Pepperstone | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 |
£85,000 €20,000 €100,000 (DE) |
FCA UK Regulation |
Yes |
Yes |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
Yes |
ASIC (Australia) |
No |
Yes |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
No |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
No |
FxPro vs Pepperstone: Trading Conditions
| Trading Conditions | FxPro | Pepperstone |
|---|---|---|
Minimum Deposit |
$100 |
$0 |
Trading Platforms |
MT4, MT5, MultiTerminal |
MT4, MobileTrading, WebTrader, cTrader, TradingView |
Max Leverage (Futures) |
1:500 SCB regulation 1:30 (FCA, CySec regulation) |
1-500 |
Supported Markets |
Forex, CFDs on indices cryptocurrencies, stocks, energy commodities |
Forex, CFDs on Stocks, Commodities, Metals and ETFs, Shares, Crypto |
Trading assets |
3000+ |
1200+ |
Trading Accounts |
FxPro MT4 Instant (with fixed spreads), FxPro MT4 Instant (with floating spreads), FxPro MT4 Market, FxPro MT5, FxPro cTrader, VIP-account |
Razor, Standard |
Base Account Currencies |
USD, EUR, PLN, GBP, AUD, CHF, JPY, ZAR |
AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD |
FxPro vs Pepperstone: Fees
| FxPro | Pepperstone | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,9 |
0,5 |
Standard acc. spread EUR/USD, max pips |
1,7 |
1,5 |
ECN Commission |
3 |
3 |
ECN Spread EUR/USD |
0,2 |
0,1 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
15 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
FxPro vs Pepperstone: Trading Assets
| Asset Name | FxPro | Pepperstone |
|---|---|---|
Overall |
3000+ trading assets |
1200+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
No |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
FxPro or Pepperstone: Investment Programs
| Asset Name | FxPro | Pepperstone |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Pepperstone or FxPro
| FxPro | Pepperstone | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
Yes |
Appropriate platform |
FxPro |
No |
Others |
No |
TradingView |
|
|
|
FxPro vs Pepperstone: Deposit and Withdrawal Methods
| FxPro | Pepperstone | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
No |
No |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
No |
No |
FxPro vs Pepperstone: Research
| Research Type | FxPro | Pepperstone |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
FxPro vs Pepperstone: Education
| Education Type | FxPro | Pepperstone |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
No |
Pepperstone vs FxPro: Support
| Support Features | FxPro | Pepperstone |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
FxPro vs Pepperstone: Forex Bonuses and Promo
| Promo | FxPro | Pepperstone |
|---|---|---|
Forex Bonus |
Not offered |
No |
Affiliate Program |
Up to $1.100 per client you introduce to FxPro |
For each attracted client under the terms of the program, the affiliate has the opportunity to receive up to USD 400 |
Other Promos |
Active trader program - Members of the program are paid a daily rebate, which allows them to offset part of their costs. The amount of the rebate depends on the number of trades performed by the trader per month. The rebate for one currency lot is 15%. What’s more, active traders get priority support and free VPS hosting. |
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|
|
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Top 5 Reviews on Pepperstone
-
Comment
Pepperstone’s strong suit is security. It’s regulated by the FCA, ASIC, and other authorities, and client funds are protected even during times of market volatility. I really liked the copy trading option and the support for various strategies — from scalping to long-term investing. The minimum deposit is $0, and my net profit in the first quarter was $1,300. The affiliate program is also quite rewarding: up to $250 for each referred trader!
-
Comment
I found the broker Pepperstone while looking for a company with no deposit or withdrawal fees — I’ve never had to pay extra, as the broker covers all the charges. I was impressed by the selection — over 1,200 instruments, including rare currency pairs, commodity indices, and cryptocurrencies. I often trade on news releases, and the execution speed (as fast as 30 ms) is just amazing! In three months, I earned nearly $1,000, especially from trading oil and gold.
-
Comment
Pepperstone caught my attention with its range of platforms: MetaTrader 4/5, cTrader, and even TradingView! The minimum order size is 0.01 lots, which makes it convenient to test strategies with minimal risk. I deposited and withdrew funds via PayPal and bank card — both options were fast, with funds arriving within 1–2 hours. In one month, I made $600 trading CFDs on stocks and commodities. Bonuses and promos are rare, but the trading conditions more than make up for it.
-
Comment
I started working with Pepperstone on the recommendation of a friend who has been in the market for several years. I was pleasantly surprised that spreads start from 0.0 pips and there are over 1,200 trading instruments to choose from! I opened my account in EUR, although other currencies are available, including SGD and HKD. I trade through MetaTrader 5, and for experimentation, I connected cTrader — it’s convenient to switch between platforms. I managed to earn +$400 on cryptocurrencies during the first week, especially on ETH’s rise. Throughout my time trading, I haven’t encountered any requotes.
-
Comment
I chose Pepperstone because of its zero minimum deposit — a rarity among major brokers. I appreciated that the platform is regulated by several reputable authorities: ASIC, FCA, BaFIN, and others. Over three months of trading with 1:400 leverage, I managed to grow my deposit by $750 using scalping on currency pairs and indices. Order execution is nearly instant — averaging 30 ms, and the difference is noticeable compared to other brokers. I withdraw profits to my card without delays and with no fees.
Top 5 Reviews on FxPro
-
Comment
They've put a lot of thoughts into this. Even trader dasbhoard looks clean, with such a nice showing of what happened during th e day. Each time logging in feels pretty nice ;)
-
Comment
stocks trading with my MT bot, idk why but he is doing a lot better here.
-
Comment
FxPro offers negative balance protection, which can be crucial during periods of high volatility. Spreads on the EUR/USD pair remain within the range of 0.3–0.8 pips. Leverage is available up to 1:500. However, the starting conditions may not suit everyone: the minimum deposit is $100 or the equivalent in other currencies.
-
Comment
cTrader was a new platform. The user interface is complex and takes some time for adaptation. I was surprised how fast orders execute during trading sessions. It probably takes less than 0,01 sec.
-
Comment
I tested FxPro in both demo mode and on a real account with fixed spreads. I didn’t notice much difference in execution — orders open and close consistently. Commissions are no higher than the market average. However, due to the lack of localized analysis, I have to rely on external market sources.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.