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City Index vs Pepperstone : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
City Index
Pepperstone
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
ECN broker
Years of Existence / Established Year
1983
2010
Customer Base / Number of Accounts
1M + active customers
400,000 traders
Regulation & Security
Regulations (governing bodies)
CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC
FCA, ASIC, DFSA, CySEC, CMA, BaFin, and SCB
Awards Won (count for the last 2 years)
Best trading app, Best CFD provider, Forex broker.com No.1- Performance Analytics new tool, Best in Class overall
2024 Forex Broker of the Year by BrokerWahl.de, TradingView Social Champion 2023
Security Measures
FSCS
FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
13,500+ assets types including Shares
1200+ trading assets including shares, currencies indices
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
No
Yes
CFDs
Yes
Yes
ETFs
Yes
Yes
Stocks
No
No
Options
Yes
No
Futures
No
No
Bonds
Yes
No
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
No
Yes
cTrader
No
Yes
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
City Index mobile trading app
Pepperstone proprietary platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Standard, MT4, Corporate account
Standard and Razor account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
€100
$0
Leverage Available
30:1
1:20 to 1:500
Trade Limit (maximum per trade)
Depends on the assets class
100 lots trading size
Commission (per account type)
€0
Razor account - $3, Standard account -$0
Best Suited For (e.g., beginners, experienced traders)
Beginner to experienced
Beginner to experienced traders
Deposit & Withdrawal Options
Deposit Methods
Bank transfer, credit card, debit card, e-wallets
Credit/debit card, Bank transfer, e-wallets, Union pay, USDT
Withdrawal Methods
Bank transfer, credit card, debit card, e-wallets
Credit/debit card, Bank transfer, e-wallets, Union pay, USDT
Other E-Wallets Supported
Paypal
Neteller,skrill, PayPal
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts
Trading Education Online Courses, Market Analysis and Insights, Webinars, Trading Guides and eBooks, Video Tutorials, The Daily Fix Market News and Analysis, Pepperstone Blog Trading Insights
Fees & Commissions
Trading-Related Fees
UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)
Spread-1.2 pips
Spread (typical, fixed, variable)
Fixed and variable spreads
Variable
Per Lot Fees
NA
Razor account: $3.50 per lot, Raw account: $7 per lot, cTrader:$6 round trip per unit, TradingView: $7 roundtrip per unit
Options Contract Fees
NA
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
1 pip on FX pairs
Guaranteed Stop Loss Fees
$0
Charges apply
Maximum Leverage
30:1
1:500
Non-Trading Fees
Dormant Fees
$15 monthly fee after 24 months of inactivity
$0
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
Yes
Yes
Statement or Document Fee
NA
NA
Account Opening Fee
NA
NA
Account Maintenance Fee
NA
NA
Deposit Fee
Credit/ debit card- 2%, others - €0
$0
Currency Conversion Fee
Varies by instrument
Razor Account- $29.36, Standard Account - $48.12, Swap-free Account $58.78
Withdrawal Fee
Bank fees may apply
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
No
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by instrument
VIX 00:01 - 23:59 (Opens Monday 01:00; Friday close 23:55), NAS100 01:00 - 23:15, 23:30 - 23:59 (Closes Friday 23:55), HK Share CFDs 4:30-7:00, 8:00-11:00, US Share CFDs 16:31 - 22:55
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
24/7
Customer Support Methods (phone, email, live chat)
Email: [email protected], Phone: 0800 060 8609, Live chat
Phone: +1786 628 1209, Email: [email protected], Live chat
Support Languages
6
8+
Additional Information
Headquarters Location
1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET
Melbourne, Australia
Complaints (for crypto brokers)
No
No
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