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

Broker Name

FXCM

Pepperstone

Broker Overview

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

Market maker

ECN broker

Years of Existence / Established Year

1999

2010

Customer Base / Number of Accounts

No information

400,000 traders

Regulation & Security

Regulations (governing bodies)

FCA, CySEC, ASIC, FSCA, ISA

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

Awards Won (count for the last 2 years)

Best In Class 2024 - ForexBrokers.com

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

Security Measures

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000+ trading instruments shares

1200+ trading assets including shares, currencies indices

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Options

Futures

Bonds

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Yes

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Trading station, Trading View Pro

Pepperstone proprietary platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Standard, Active trading, Spread betting, Professional

Standard and Razor account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$50

Leverage Available

30:1 to 1000:1

1:20 to 1:500

Trade Limit (maximum per trade)

50 million per trade

100 lots trading size

Commission (per account type)

$ 4 / lot

Razor account - $3, Standard account -$0

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

Active and experienced traders

Beginner to experienced traders

Deposit & Withdrawal Options

Deposit Methods

Debit/Credit Card Via mobile app, Bank wire, China online payment, Crypto

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

Withdrawal Methods

Debit/Credit Card, Bank Wire, Local Bank Transfer, and Online Bank Transfer.

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

Other E-Wallets Supported

Skrill, Neteller, Google pay, Apple pay

Neteller,skrill, PayPal

Tools & Educational Resources

Economic Calendar

Yes

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

Education, Trading Guides, Trading Tools, Research

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

Spread- 1.3 pips

Spread-1.2 pips

Spread (typical, fixed, variable)

Typical

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

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

1 pip on FX pairs

Guaranteed Stop Loss Fees

Charges apply

Maximum Leverage

1000:1

1:500

Non-Trading Fees

Dormant Fees

$50

Subscription Fees (for premium features, data feeds)

Advisory Fees

$30

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

$25

Deposit Fee

Currency Conversion Fee

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

Withdrawal Fee

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Trading Hours

Trading Hours (for each asset class if applicable)

Varies by product

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)

WhatsApp: +44 7537 432259 (message only), Email: [email protected], Live chat, Request a call

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

Support Languages

Additional Information

Headquarters Location

London, United Kingdom

Melbourne, Australia

Complaints (for crypto brokers)

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.

While FXCM maintains low trading fees with no minimum deposit, Pepperstone includes some charges for premium features and certain asset trades, making FXCM the better option for budget-focused traders.

FXCM gets you trading faster thanks to its minimal entry barriers. In comparison, Pepperstone account setup is slower but includes extra layers of financial screening and suitability assessments.

FXCM excels in real-time trade execution with minimal latency, whereas Pepperstone complements its execution with strong analytical modules and educational support within the platform.

FXCM supports complex strategies and asset diversity, while Pepperstone offers clarity and low-cost access for long-term holders.

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