CMC Markets and Pepperstone offer very different services and features, as a result, each broker is best for different forex traders. We have broken our comparison down into the key features that will be relevant for most forex traders including:

  • Forex Spreads and Fees
  • Trading Account Types
  • Forex Trading Platforms
  • Other Products – Contracts For Difference (CFDs)
  • Social Trading Tools
  • Risk Management Tools
  • Funding – Deposits and Withdrawals
  • Customer Support

Broker Reviewed

CMC Markets
Pepperstone
Our Rating
7.17
9.17
78% of retail investor accounts lose money when
spread betting and/or trading CFDs with this provider
78.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Regulations and Licenses

Feature
CMC Markets
Pepperstone
ASIC (Australia)
FCA (UK)
MAS (Singapore)
FSCA (South Africa)
Pending
Dubai (DFSA)

Brokerage

Feature
CMC Markets
Pepperstone
EUR/USD Avg. Raw Spread
0.13
GBP/USD Avg. Raw Spread
0.51
AUD/USD Avg. Raw Spread
0.18
EUR/USD Standard Spread
1.2
1.13
EUR/USD Fixed Spreads
Commissions (USD Base)
AUD/USD$3.50
Commission Rebates
Minimum Deposit
$0
AUD/USD $200
Swap Free Account
No Inactivity Fees
Funding Methods
6
16
No Funding Fees

Markets and Instruments

Feature
CMC Markets
Pepperstone
Currency Pairs
339+
66+
Cryptocurrency CFDs
12+
4+
Index CFDs
46+
2+
Share CFDs
9000+
63+
Commodities CFD
111+
4+
Stockbroking
9000+
Retail Max. Leverage
30:1 (Europe)
20:1 (Singapore)
500:1 (Australia / International)
30:1 (FCA)
500:1 (ASIC)
50:1 (DFSA)
Professional Leverage
500:1
500:1

Trading Platforms + Tools

Feature
CMC Markets
Pepperstone
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
MetaTrader 4 only
Social + Copy Trading
ASIC Only
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
Only in ESMA regulated territories

only with FCA regulation
Demo Account
Unique Feature 1
Offers both CFD and Stock trading
Smart Trader Tools
Unique Feature 2
Trade Treasury notes
Fast Execution Speed

Overall

CMC Markets
Pepperstone