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Pepperstone vs Exness : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Pepperstone

Pepperstone

VS
Exness

Exness

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN broker

ECN / Market maker

Years of Existence / Established Year

2010

2008

Customer Base / Number of Accounts

400,000 traders

800,000


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Regulation & Security

Regulations (governing bodies)

FCA, ASIC, DFSA, CySEC, CMA, BaFin, and SCB

FSA CBCS FSC FSCA CySEC FCA CMA JSC

Awards Won (count for the last 2 years)

2024 Forex Broker of the Year by BrokerWahl.de, TradingView Social Champion 2023

Best Retail FX Broker, Most Trusted Broker 2024 , Best Multi-Asset Broker and Most Trusted Broker in Africa 2024 ,Five awards at the Cyprus Responsible Business Awards 2024

Security Measures

FSCS

ICF

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

1200+ trading assets including shares, currencies indices

200+ trading instruments

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

No

Yes

Options

No

No

Futures

No

Yes

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

Yes

cTrader

Yes

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Pepperstone proprietary platform

Exness Terminal Exness Trade App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard and Razor account

Standard Accounts Standard cent Accounts Pro Accounts Raw Spread Accounts Demo Trading Accounts Social Trading Accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$0

$1 for standard accounts $200 for professional accounts

Leverage Available

1:20 to 1:500

1:30 to1 : 2000

Trade Limit (maximum per trade)

100 lots trading size

200 lots - day time 60 lots for forex & 20 lots others - night time

Commission (per account type)

Razor account - $3, Standard account -$0

$3.5 per lot for Raw Spread accountsCommission free for Standard, Standard Cent & Pro accounts

Best Suited For (e.g., beginners, experienced traders)

Beginner to experienced traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Credit/debit card, Bank transfer, e-wallets, Union pay, USDT

Bank transfer Card E Wallets

Withdrawal Methods

Credit/debit card, Bank transfer, e-wallets, Union pay, USDT

Bank transfer Card E Wallets

Other E-Wallets Supported

Neteller,skrill, PayPal

Neteller Skrill Perfect Money Sticpay


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

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

Analytical tools Trading calculator Currency converter Tick history VPS hosting


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Fees & Commissions

Trading-Related Fees

Spread-1.2 pips

Forex- 0.0 pips, Commission- $0

Spread (typical, fixed, variable)

Variable

Variable

Per Lot Fees

Razor account: $3.50 per lot, Raw account: $7 per lot, cTrader:$6 round trip per unit, TradingView: $7 roundtrip per unit

NA

Options Contract Fees

NA

USD 0.05 to 3.5 per contract

Futures Contract Fees

NA

NA

Markup Fees on Spread

1 pip on FX pairs

NA

Guaranteed Stop Loss Fees

Charges apply

NA

Maximum Leverage

1:500

1:2000


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

$0

Currency Conversion Fee

Razor Account- $29.36, Standard Account - $48.12, Swap-free Account $58.78

$0

Withdrawal Fee

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

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

Forex trading hours - Sunday 22:05 to Friday 21:59Crypto trading hours - Sunday from 21:35 to Friday 22:05Indices trading hours - Sunday 23:05 to Friday 21:00Commodities - Sunday 23:05 to Friday 21:58


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/7

Customer Support Methods (phone, email, live chat)

Phone: +1786 628 1209, Email: [email protected], Live chat

Help Center Support hub, Live chat

Support Languages

8+

15+


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Additional Information

Headquarters Location

Melbourne, Australia

1 Siafi Street, Portobello Office 401, Limassol 3042, Cyprus

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Both Pepperstone and Exness offer affordable fee structures, but Pepperstone generally edges out with no inactivity fees and lower commissions on standard trades, whereas Exness shines with bundled research and platform access.
Account approval at Pepperstone is usually completed within hours, often with automated ID checks. Exness might take longer due to manual reviews, but provides in-depth onboarding support along the way.
Pepperstone provides a modern trading experience with its proprietary or MT4/MT5 platform, ideal for technical traders. Exness , on the other hand, offers more research tools and is better suited for data-driven investors.
Pepperstone caters to serious traders who value advanced features, whereas Exness appeals to beginners due to its user-friendly platform.