Pepperstone vs XBTFX - Fees Review included
Which broker is better Pepperstone or XBTFX? Our expert assessment conducted according to TU’s own methodology showed that Pepperstone is one of the top brokers in the financial market with the TU Overall Score of 7.17 out of 10. XBTFX is one of the top brokers in the financial market with the TU Overall Score of 6.72 out of 10. Find out more about TU Overall Score.
| Feature | Pepperstone | XBTFX |
|---|---|---|
Overall |
4.4 |
3.7 |
4.7 |
1.2 |
|
4.7 |
4.2 |
|
4.4 |
3.9 |
|
Investment Instruments |
4.4 |
4.6 |
Platforms and Charting Tools |
4.8 |
4.7 |
Deposit and Withdrawal |
4.5 |
4.5 |
Research |
3.9 |
3.8 |
Education |
4.1 |
3.5 |
Support |
4.3 |
4.1 |
Bonuses |
3.2 |
2.4 |
|
|
|
Pepperstone vs XBTFX: Pros and Cons
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.
Established in 2019, XBTFX has been following its core goal to bridge the gap between the cryptocurrency market and brokerage companies. At the same time, the company runs its business based on the principles of high transparency and accessibility. XBTFX is a Cryptocurrency-based Forex and CFD provider that gives customers access to leveraged trading on digital assets and traditional financial markets.
| Pepperstone | XBTFX | |
|---|---|---|
| Overall Pros | Fast order execution - 30 ms on average | Crypto dposits |
| Low trading fees | Big choice of supported crypto assets | |
| Strong luqidity | Copy trading and MAM services for investors | |
| Advanced ECN account | ||
| Access to TradingView's advanced charting tools | ||
| Strong regulation | ||
| Overall Cons | The company offer Crypto CFDs outside Africa and UK | unregulated broker |
Pepperstone vs XBTFX: Safety and Regulation
| Pepperstone | XBTFX | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-3 |
Investor protection |
£85,000 €20,000 €100,000 (DE) |
No |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
Yes |
No |
ASIC (Australia) |
Yes |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
No |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
Yes |
Pepperstone vs XBTFX: Trading Conditions
| Trading Conditions | Pepperstone | XBTFX |
|---|---|---|
Minimum Deposit |
$0 |
$1 |
Trading Platforms |
MT4, MobileTrading, WebTrader, cTrader, TradingView |
MT4, MT5, Webtrader, Mobile platforms |
Max Leverage (Futures) |
1-500 |
1-500 |
Supported Markets |
Forex, CFDs on Stocks, Commodities, Metals and ETFs, Shares, Crypto |
FX, Commodities, CFDs, CryptoCurrency, Share CFD, Commodities, Metals |
Trading assets |
1200+ |
150+ |
Trading Accounts |
Razor, Standard |
Standard, ECN |
Base Account Currencies |
AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD |
BTC, ETH, XRP, USDT, USDC |
Pepperstone vs XBTFX: Fees
| Pepperstone | XBTFX | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
0,8 |
Standard acc. spread EUR/USD, max pips |
1,5 |
1,0 |
ECN Commission |
3 |
3,5 |
ECN Spread EUR/USD |
0,1 |
0,1 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
No |
50 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Pepperstone vs XBTFX: Trading Assets
| Asset Name | Pepperstone | XBTFX |
|---|---|---|
Overall |
1200+ |
200+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
No |
Yes |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes |
ETFs |
Yes (CFD) |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Pepperstone or XBTFX: Investment Programs
| Asset Name | Pepperstone | XBTFX |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: XBTFX or Pepperstone
| Pepperstone | XBTFX | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
Yes |
No |
Appropriate platform |
No |
No |
Others |
TradingView |
No |
|
|
|
Pepperstone vs XBTFX: Deposit and Withdrawal Methods
| Pepperstone | XBTFX | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
No |
No |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
Pepperstone vs XBTFX: Research
| Research Type | Pepperstone | XBTFX |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
Yes |
No |
Pepperstone vs XBTFX: Education
| Education Type | Pepperstone | XBTFX |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
No |
Cent account |
No |
No |
XBTFX vs Pepperstone: Support
| Support Features | Pepperstone | XBTFX |
|---|---|---|
Working Days |
24/5 |
24/7 |
Yes |
Yes |
|
Phone |
Yes |
No |
Online chat |
Yes |
No |
Other |
No |
Twitter, Facebook, Reddit |
Pepperstone vs XBTFX: Forex Bonuses and Promo
| Promo | Pepperstone | XBTFX |
|---|---|---|
Forex Bonus |
No |
No |
Affiliate Program |
For each attracted client under the terms of the program, the affiliate has the opportunity to receive up to USD 400 |
Earn up to 30% of what your referrals pay in trading fees |
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 XBTFX
-
Comment
I chose the broker XBTFX primarily because of the very low entry threshold — the minimum deposit is only $10, which allowed me to test trading without significant risks. As a beginner, I found it convenient to use the free demo account and the ability to work on MetaTrader 4, 5, and cTrader platforms. It’s great that the minimum spread on the EUR/USD pair starts from 0.1 pips. The downside is that all deposits and withdrawals are done through cryptocurrency wallets, with no fiat support.
-
Comment
For me, XBTFX is really the best company. Everything good that traders say about it is confirmed in practice. The broker offers excellent conditions for Forex trading: competitive spreads, fast order execution and high-quality support. I am especially pleased with the wide range of instruments and convenient platform, which allows you to focus on trading rather than on technical details. A worthy broker, which is pleasant to work with for both beginners and experienced traders. I am completely satisfied with the cooperation and I am sure that here you can achieve your goals.
-
Comment
The xbtfx company really impresses with its accessibility and simplicity. Even if you are new to the world of trading, it won't be difficult to master the platform. The interface is intuitive, allowing you to get right down to business. However, as in any type of trading, mastering the functionality alone is not enough - it is important to study the market and develop your strategy. In this respect, the company's consultants have been of great help to me. They are always ready to give useful advice and guide me in the right direction. At first my trades were not profitable, but over time I was able to develop my system and learn to predict trends. I am now making regular profits and I am sure that the right guidance and persistence played a key role in this process
-
Comment
If you are looking for a reliable broker for forex trading, xbtfx can be a great option. They offer minimal spreads, fast order execution and professional support that is always ready to help. To be honest, there is almost no need for support service - the platform is designed in such a way that even a beginner can easily understand it. The trading conditions are especially pleasing. Low spreads and stable execution of trades remain at the highest level even in periods of increased volatility, for example, during the news release. This allows traders to be sure that their strategies will work without unnecessary technical interference
-
Comment
It took me a long time to choose a broker for Forex trading, and cooperation with XBTFX turned out to be a good choice. Orders are executed almost instantly, which is especially important for successful trading in conditions of high volatility. Spreads are quite competitive, which allows you to realize your strategies as effectively as possible. The platform works stably, without failures, which, of course, is very pleasing, because there is nothing worse than losing a deal due to technical problems. I would also like to note the convenience of withdrawing funds - the process is fast and without unnecessary bureaucracy. I am glad that I chose this company and I can recommend it to everyone who is looking for a reliable broker for trading.
Top 5 Reviews on Pepperstone
-
Comment
Pepperstone offers a combination of transparent trading conditions, fast order execution, and a wide range of instruments. Over the years, the broker has proven to be a reliable partner: its registration with ASIC, FCA, CySEC, and other regulators reflects the trust placed in the company. A $0 minimum deposit makes it accessible for beginners. A nice bonus is support for over 30 languages and 24/5 customer service. Thanks to its variety of account types, negative balance protection, and passive income opportunities through copy trading, Pepperstone has become my go-to choice for long-term trading.
-
Comment
Pepperstone stands out with a free 60-day demo account and two types of live accounts: Razor and Standard. The absence of a minimum deposit, a wide range of base currencies (9 options), and support for 16 trading platforms are definite advantages. Thanks to its partnership programs, the broker is appealing not only to traders but also to those building their own communities — with three partnership models, including one for fund managers. Order execution averages 30 ms, making it suitable for all strategies, including manual and automated trading.
-
Comment
I opened a Razor account with Pepperstone — the actual commission is low, and spreads start from zero. Trading CFDs on cryptocurrencies, commodities, and indices is a big plus. The minimum trade size is 0.01 lots, which is convenient for testing new strategies. I was pleased with the instant withdrawals via Visa, Mastercard, PayPal, Neteller, Skrill, and other popular systems. The platform allows flexible risk management with Margin Call/Stop Out levels at 90%/20%. Additionally, the broker partners with Barclays and HSBC as liquidity providers, which adds to its reliability.
-
Comment
I have been trading with Pepperstone for over a year and especially appreciate their execution speed — 99.35% of orders are filled in less than 1 second. As an active trader, the availability of MetaTrader 4/5, cTrader, and TradingView is important to me, as well as the absence of requotes. Customer support is available 24/7, and all my issues were resolved promptly. I was pleasantly surprised by the affiliate program — you can earn up to $750 per referred client, and the broker also pays up to 55% under the agency scheme. Thanks to instant execution and spreads starting from 0.0 points, Pepperstone is excellent for news trading.
-
Comment
I chose Pepperstone because of its transparent trading conditions and a minimum deposit of $0. The platform offers over 1,200 trading instruments, including currencies, stocks, indices, and commodities. Leverage up to 400:1 for retail clients and 500:1 for professionals provides plenty of room for different strategies. Spreads start from 0.0 points — a real advantage for scalpers. Order execution takes place within 30 ms, confirmed both in demo mode and on live accounts. Deposits and withdrawals are commission-free, there is a wide range of account currencies (AUD, USD, EUR, JPY, and others), and all funds are protected from negative balance.
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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.