Pepperstone
IC Markets

Regulations and Licenses

Feature
Pepperstone
IC Markets
ASIC (Australia)
FCA (UK)
CYSEC (Cyprus)
DFSA (Dubai)
BaFin (Germany)
FSA (Seychelles)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
IC Markets
EUR/USD Avg. Raw Spread
0.10
0.10
GBP/USD Avg. Raw Spread
0.30
0.70
AUD/USD Avg. Raw Spread
0.20
0.10
EUR/USD Standard Spread
1.10
0.62
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.30
0.82
AUD/USD Avg. Standard Spread
1.20
0.83
Commissions (USD Base)
$3.50
$3.50
Minimum Deposit
$0
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
15+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
IC Markets
Currency Pairs
93
61+
Cryptocurrency CFDs*
21
18+
Index CFDs
23
16+
Share CFDs
1.300
100+
Commodities CFD
29
26+
Stockbroking
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
500:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (United Kingdom)
500:1
-
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
500:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (UAE)
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
IC Markets
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
IC Markets
Our Rating
98
85
 

Our full comparison covers the 10 most important trading factors between Pepperstone and IC Markets.

  • Pepperstone provides a superior trading experience across MetaTrader and cTrader platforms.
  • IC Markets features lower spreads on the EUR/USD compared to Pepperstone.
  • Pepperstone operates in more jurisdictions being regulated by top-tier authorities.
  • IC Markets offers a broader range of CFDs, including bonds, futures, and stocks.
  • Pepperstone has faster execution speeds, minimising slippage for traders.