Pepperstone vs IG

IG

Compare Pepperstone Vs IG Side by Side

Selecting between Plus500 vs IG and wish to see who is better Broker for your trading strategy? We made a detailed comparison between Pepperstone Review, and IG Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.

Summary

FeaturePepperstoneIG
Website//www.pepperstone.com//www.ig.com
Founded year20101974
HeadquarterAustraliaUK
LicensesAustralia, UK, Cyprus, BahamasUK, Australia, Switzerland, Singapore, UAE, Japan, US
Minimum Deposit200 US$300 US$
Trading PlatformsMT4, MT5, cTraderIG Proprietary, MT4
Eurusd avg Spread0.2 pips0.6 pips

Licenses

FeaturePepperstoneIG
Licenses Countries Info (short)
  • ASIC
  • CySEC
  • FCA
  • SCB
  • ASIC
  • JFSA
  • MAS
  • FINMA
  • FCA
  • CFTC

Pepperstone vs IG Brokers are both highly trusted with numerous licenses and top-tier regulations, legit to accept Australian and EU clients. There is a slight advantage to IG for also being licensed in the US, Japan and Switzerland.

Broker Types

FeaturePepperstoneIG
Broker types
  • ECN
  • Market Making

IG is a Market Maker Broker with quick execution and unique fixed spreads proposals, while Pepperstone is an ECN broker offering high efficiency for automated trading and a variety of strategies suitable for both retail or institutional traders.

Trading Conditions

FeaturePepperstoneIG
Trading Conditions
  • beginners
  • low spread
  • expert advisor
  • hedging
  • scalping
  • social trading
  • beginners
  • low spread
  • expert advisor
  • hedging
  • scalping
  • social trading

Pepperstone vs IG Brokers Trading Conditions are very much alike, both brokers offer various options and strategies for the traders to benefit from and those are including low spreads and social trading good for the beginners, and scalping/hedging strategies for more experienced brokers.

Fees & Commissions

FeaturePepperstoneIG
Inactivity Feemonth0 $18 $
Deposit fee0 $0 $
Withdrawal fee0 $0 $
Rollover fee eurusd buy 1 lot-0.399-2.5%
Rollover fee eurusd sell 1 lot0.024+2.5%
Avg Eurusd standard acc0.2 pips0.6 pips
Gold1.430
Brent oil8 pips3
Bitcoin$1065

Both Pepperstone vs IG have pretty low fees, including deposit and withdrawal fees with 0$ commission. However, IG charges inactivity fee. At the same time, the spreads offered by both brokers remain low, for instance, EUD/USD spreads is lower than the industry average.

Account Types

FeaturePepperstoneIG
Account types
  • Standard Account
  • Islamic Account
  • Swap Free Account
  • Standard Account

Both Brokers based on a single account offering with spread basis and access to all instrument range. Also, Pepperstone traders following Sharia rules may sign for a SWAP Free Account or Islamic account, which allows traders to open long-term positions.

Markets & Instruments

FeaturePepperstoneIG
Forex60+200+
Indices1478
Commodities945
Cryptocurrencies98
Shares6410,000+
Bonds
Options
Binary options
Spread betting
Treasuries
Futures
Etfs100+2,000+

The portfolios of trading instruments offered by Pepperstone vs IG are very similar, except, IG offers a bigger number of assets for each market group.

Trading Platforms

FeaturePepperstoneIG
Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTraders
  • own platform
  • MetaTrader 4

While Pepperstone has whole 11 platforms to offer, they are all still run on either cTrader, MT4 or MT5. These are some of the best trading platforms available in the market today. IG offers a powerful and innovative propriety platform and additional has MT4.

Deposit & Withdrawal Methods

FeaturePepperstoneIG
Payment methods
  • credit card
  • debit card
  • neteller
  • skrill
  • BPay
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill

Payment methods offered by Pepperstone vs IG are very much alike. Both brokers offer bank transfers, debit/credit cards, and some popular e-wallets.

Others

FeaturePepperstoneIG
Others
  • Webinar
  • Video Tutorial
  • live chat
  • 24/7 availability
  • Webinar
  • telephone
  • live chat
  • 24/7 availability

Others

Both Pepperstone vs IG provide excellent customer support. Pepperstone even got awarded for its premium support. Both brokers provide great learning material, both are on a very good level with excellent support, diverse education tools and section with videos, Webinars and support.

Conclusion on Pepperstone vs IG

Concluding Pepperstone vs IG comparison we found both brokers reliable and trustable with solid regulation and background. Both brokers provide various trading conditions and a wide range of trading instruments. However, the advantage goes to Pepperstone for offering lower spreads and fees, and a variety of trading accounts and platforms. Here is our final recommendation:

  • Pepperstone – 🥇Best Broker for Scalping bringing in small, regular profits and giving benefit from lower risk per trade.
  • IG – 🥇Lowest Spread Forex Broker being comfortable for beginning traders.