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

Broker Name

Pepperstone

Spreadex

Broker Overview

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

ECN broker

STP

Years of Existence / Established Year

2010

1999

Customer Base / Number of Accounts

400,000 traders

60,000+ traders

Regulation & Security

Regulations (governing bodies)

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

FCA

Awards Won (count for the last 2 years)

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

Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial Awards

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)

1200+ trading assets including shares, currencies indices

10,000 trading assets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Futures

Bonds

Yes

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Yes

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Pepperstone proprietary platform

Spreadex TradingView

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Standard and Razor account

Spread betting Financial trading

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

€0

Leverage Available

1:20 to 1:500

30:1

Trade Limit (maximum per trade)

100 lots trading size

Varies by instrument

Commission (per account type)

Razor account - $3, Standard account -$0

€2.50 per lot

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

Beginner to experienced traders

Only experienced

Deposit & Withdrawal Options

Deposit Methods

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

Easy Bank transfer UK Debit cards Credit card E-wallets

Withdrawal Methods

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

Bank Transfer Credit / Debit Cards

Other E-Wallets Supported

Neteller,skrill, PayPal

Apple Pay

Tools & Educational Resources

Economic Calendar

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

Customisable platform 35+ technical indicators Price alerts

Fees & Commissions

Trading-Related Fees

Spread-1.2 pips

Spread starts from 0.6 pips

Spread (typical, fixed, 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

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

1 pip on FX pairs

Guaranteed Stop Loss Fees

Charges apply

Maximum Leverage

1:500

30:1

Non-Trading Fees

Dormant Fees

1 per month

Subscription Fees (for premium features, data feeds)

€0

Advisory Fees

€0

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

€0

Account Opening Fee

€0

Account Maintenance Fee

€0

Deposit Fee

€0

Currency Conversion Fee

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

Info not available

Withdrawal Fee

€0

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

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

Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm

Customer Support

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

24/7

7 days a week 8:00am to 5:30pm

Customer Support Methods (phone, email, live chat)

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

Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]

Support Languages

Additional Information

Headquarters Location

Melbourne, Australia

Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU

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.

Pepperstone stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Spreadex offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.

While Pepperstone prioritizes fast registration with minimal steps, Spreadex focuses on a thorough vetting process that gives more flexibility in choosing account types and features.

Pepperstone integrates well with algorithmic trading tools and third-party plugins. In contrast, Spreadex emphasizes educational content and built-in research features within its platform.

Pepperstone stands out for active traders with robust tools, while Spreadex suits investors seeking simplicity and ease of use.

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