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FxPro vs Pepperstone
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Updated:
Compare FxPro Vs Pepperstone Side by Side
Considering whether to opt for FxPro or Pepperstone? We’ve conducted a comparison review of FxPro and Pepperstone, encompassing safety measures, licensing, trading terms, costs, trading platforms, available instruments, deposit and withdrawal conditions, and other vital considerations. This thorough side-by-side analysis is designed to assist you in making an informed decision.
Summary
| Feature | FxPro | Pepperstone |
|---|---|---|
| Website | //www.fxpro.com | //www.pepperstone.com |
| Founded year | 2006 | 2010 |
| Headquarter | UK | Australia |
| Licenses | UK, Cyprus, South Africa, Bahamas, Mauritius | Australia, UK, Cyprus, Bahamas, Kenya, Germany, UAE |
| Minimum Deposit | 100 US$ | 200 US$ |
| Trading Platforms | MT4, MT5, cTrader, FxPro Edge | MT4, MT5, cTrader, TradingView |
| Eurusd avg Spread | 0.9 pips | 0.77 pips |
Licenses
| Feature | FxPro | Licenses |
|---|---|---|
| Licenses Countries Info (short) |
|
|
FxPro vs Pepperstone are both highly trusted and carry numerous licenses and Top-tier regulations eligible to operate within the EU and hold additional international licenses to establish their global presence.
Broker Types
| Feature | FxPro | Pepperstone |
|---|---|---|
| Broker types |
|
|
Pepperstone operates exclusively as an ECN broker focusing on providing traders with direct access to interbank liquidity, whereas FxPro functions as both an ECN and STP broker, providing traders with a broader range of execution options.
Trading Conditions
| Feature | FxPro | Pepperstone |
|---|---|---|
| Trading Conditions |
|
|
FxPro vs Pepperstone both provide favorable trading conditions, making them suitable options for beginners. However, Pepperstone’s protection measures might be slightly better. It offers a guaranteed stop-loss feature, which not only enhances client protection but also comes with additional advantages.
Fees & Commissions
| Fees & Commissions | FxPro | Pepperstone |
|---|---|---|
| Inactivity Feemonth | 15 $ | 0 $ |
| Deposit fee | 0 $ | 0 $ |
| Withdrawal fee | 0 $ | 0 $ |
| Rollover fee eurusd buy 1 lot | -4.8665 | -0.693 |
| Rollover fee eurusd sell 1 lot | 0.7254 | 0.301 |
| Avg Eurusd standard acc | 0.9 pips | 0.77 pips |
| Gold | 1619 | 0.13 |
| Brent oil | 88 | 2.3 pips |
| Bitcoin | 20155 | 31.39 |
FxPro and Pepperstone, the overall costs are quite similar. Pepperstone has slightly lower spreads compared to FxPro. Additionally, Pepperstone does not impose any non-trading commissions, whereas FxPro does have an inactivity fee.
Account Types
| Feature | FxPro | Pepperstone |
|---|---|---|
| Account types |
|
|
FxPro vs Pepperstone both provide a variety of trading account options, each designed to accommodate diverse trading requirements. They offer competitive spreads and also extend the option of a demo account, ideal for novice traders to refine their skills. Additionally, both brokers offer Islamic accounts to meet the specific needs of traders adhering to Sharia Laws.
Markets & Instruments
| Markets & Instruments | FxPro | Pepperstone |
|---|---|---|
| Forex | 70 | 60+ |
| Indices | 19 | 14 |
| Commodities | 7 | 9 |
| Cryptocurrencies | 4 | 9 |
| Shares | 134 | 64 |
| Bonds | ❌ | ❌ |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | ✔️ | 60+ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | ❌ | 100+ |
Both Brokers offer a somewhat limited range of trading markets as well as the number of the instruments is not very large. Both brokers also offer spread betting to their UK clients
Trading Platforms
| Feature | FxPro | Pepperstone |
|---|---|---|
| Platforms |
|
|
FxPro vs Pepperstone both provide a nearly identical array of trading platforms, with the primary distinction being that FxPro also introduces its exclusive platform. Both brokerage firms offer the industry-standard MT4 and its more advanced version MT5. Additionally, they both offer cTrader, which is favored by experienced traders for its enhanced technical capabilities.
Deposit & Withdrawal Methods
| Feature | FxPro | Pepperstone |
|---|---|---|
| Payment methods |
|
|
FxPro vs Pepperstone provide nearly identical payment methods. Both brokers offer the flexibility of bank transfers, debit/credit cards, and a selection of widely used e-wallets as viable payment options.
Others
| Feature | FxPro | Pepperstone |
|---|---|---|
| Others |
|
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Others
Both FxPro vs Pepperstone offer excellent customer support with live chat and telephone available 24/7. Both brokers prioritize trader education, offering a wide range of resources such as video tutorials, guides, and webinars. However, we found Pepperstone stands out with higher-quality educational materials that cater to the needs of traders at all levels.
Conclusion on Pepperstone vs FxPro
Concluding FxPro vs Pepperstone comparison we found that both brokers are highly reputable, maintain strong international presences, and operate under robust regulatory frameworks. They both offer favorable trading conditions, an extensive range of trading instruments, and competitive trading fees. Nevertheless, we would give the advantage to Pepperstone due to its superior educational resources. Here is our final recommendation:
- FxPro — 🥇Best Algorithmic Trading Broker characterized by robust technical tools and suitable for advanced traders
- Pepperstone — 🥇 Best CFD Broker with high levels of customer satisfaction
