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Top ratedPepperstone logoPepperstone
4.8
Visit
Our score4.6 / 54.8 / 5
Trust & Regulation
4.6
4.9
Fees & Spreads
4.9
4.8
Platforms & Tools
4.4
4.9
Research & Education
4.3
4.4
Deposits & Withdrawals
4.6
4.8
Customer Support
4.5
4.5
Minimum deposit$100$0
Maximum leverage1:1,0001:500
Spreads from (EUR/USD)0.0 pips0.0 pips
Typical EUR/USD spread (standard account)1.6 pips1.0 pips
Commission (raw / ECN account)$3.00 per side per lot (Raw account)$3.50 per side per lot (Razor account)
Execution modelNDD, STPECN, STP, NDD
Minimum trade size0.01 lots0.01 lots
Trading platformsMetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile AppMetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary platform, Mobile App
MarketsForex, Indices, Commodities, Metals, Energies, Stocks, Bonds, Crypto, Futures, OptionsForex, Indices, Commodities, Metals, Energies, Stocks, ETFs, Crypto
Number of instruments700+1,300+
FeaturesDemo Account, Negative Balance Protection, Segregated Funds, Islamic Account, Copy Trading, Scalping Allowed, Hedging Allowed, EAs / Algo Trading, Free VPSDemo Account, Islamic Account, Copy Trading, Scalping Allowed, Hedging Allowed, EAs / Algo Trading, Free VPS, Negative Balance Protection, Segregated Funds, Investor Compensation
RegulatorsFCA, CySEC, FSCA, DFSA, FSA (SC), Labuan FSAFCA, ASIC, BaFin, CySEC, DFSA, CMA, SCB
License numbersFCA FRN 717270, CySEC 278/15, FSCA FSP 49464, FSA SD008ASIC AFSL 414530, FCA FRN 684312, CySEC 388/20, DFSA F004356, CMA 128, SCB SIA-F217
Restricted countriesUSA, Canada, IranUSA, Canada, Belgium
Deposit methodsBank Transfer, Credit/Debit Card, Skrill, Neteller, Crypto, Sticpay, FasaPay, UnionPayBank Transfer, Credit/Debit Card, PayPal, Skrill, Neteller, Apple Pay, Google Pay, UnionPay
Withdrawal processing timeWithin 1 business daySame day for most methods
Deposit / withdrawal feesZero fees policy on deposits and withdrawalsNo deposit or withdrawal fees (except some international wires)
Account base currenciesUSD, EUR, GBP, ZAR, CHFUSD, EUR, GBP, AUD, CAD, CHF, JPY, SGD, HKD, NZD
Support channelsLive Chat, Email, PhoneLive Chat, Email, Phone
Support hours24/524/5
Support languages—English, Chinese, Spanish, German, Arabic, Thai
Pros
  • Among the lowest commissions available ($3/side)
  • Regulated by FCA and CySEC
  • Zero fees on deposits and withdrawals
  • Great for EAs and high-volume trading
  • Licensed by FCA, ASIC, BaFin and other top regulators
  • No minimum deposit and razor-thin raw spreads
  • Excellent platform choice incl. TradingView and cTrader
  • Fast, reliable execution with no dealing desk
Cons
  • Classic account spreads are wide
  • Smaller CFD range than top competitors
  • No cTrader
  • Customer support is not 24/7
  • Smaller stock CFD range than some multi-asset brokers
  • Not available to US clients