Pepperstone
FXTM

Regulations and Licenses

Feature
Pepperstone
FXTM
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
DFSA (Dubai)
BaFin (Germany)
CMA (Kenya)
FSC (Mauritius)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
FXTM
EUR/USD Avg. Raw Spread
0.10
0.1
GBP/USD Avg. Raw Spread
0.30
2
AUD/USD Avg. Raw Spread
0.20
0.5
EUR/USD Standard Spread
1.10
2.1
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.30
2.5
AUD/USD Avg. Standard Spread
1.20
2.1
Commissions (USD Base)
$3.50
$2.00
Minimum Deposit
$0
$500
Swap Free Account
No Inactivity Fees
Funding Methods
16+
13+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
FXTM
Currency Pairs
93
63+
Cryptocurrency CFDs*
21
-
Index CFDs
23
11+
Share CFDs
1.300
180+
Commodities CFD
29
7+
Stockbroking
10+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max Leverage (Australia)
500:1
300:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (United Kingdom)
500:1
300:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (Europe)
500:1
300:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (UAE)
500:1
300:1
Retail Max. Leverage (Kenya)
400:1
-
Professional Leverage
500:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
FXTM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Pepperstone
FXTM
Our Rating
98
62
 

How Do FXTM Vs Pepperstone Compare?

Our full comparison covers the 10 most important trading factors. Here are five noticeable differences between Pepperstone and FXTM:

  • FXTM offers higher leverage, while Pepperstone boasts lower fees.
  • Pepperstone provides superior CFD trading platforms and customer service compared to FXTM.
  • While Pepperstone offers CFD trading on 12 cryptocurrency products, FXTM offers only 4.
  • Pepperstone’s Razor account offers institutional-grade spreads as tight as 0.0 pips, whereas FXTM’s spreads can go as low as 0.1 pips.
  • FXTM charges inactivity fees, making it more expensive than Pepperstone in terms of both trading and non-trading fees.