Clarytrade
Head to head

FXTM vs Pepperstone (2026)

The verdict

Pepperstone edges it overall with a Clarity Score of 90 vs 82, helped by stronger regulation & safety. But FXTM can still be the better fit if you prioritise better for beginners.

Side by side

Full comparison

MetricFXTMPepperstone
Clarity Score8290
Risk levelHigher riskHigher risk
RegulatorsFCA, CySEC, FSCA, CMAFCA, ASIC, CySEC, DFSA
Segregated funds Yes Yes
All-in cost$$$··$····
Min deposit$10$0
Typical spread (EUR/USD)0.1 pips0 pips
Max leverage (intl.)1000:1500:1
Withdrawal speedSame – next daySame – next day
Demo account Yes Yes
Copy trading Yes Yes
PlatformsMT4, MT5, Proprietary, Web, iOS, AndroidMT4, MT5, cTrader, TradingView, Web, iOS, Android

Highlighted cells indicate the stronger value on that metric. Figures are reviewed regularly — verify current terms before depositing.

FXTM logo

Pick FXTM if you want…

  • better for beginners
Visit FXTM
Pepperstone logo

Pick Pepperstone if you want…

  • stronger regulation & safety
  • lower all-in cost
  • a higher-rated app
  • stronger advanced tools
Visit Pepperstone
Risk warning. CFDs and leveraged products are complex and high-risk. You can lose more than you deposit. Between 62% and 78% of retail CFD accounts lose money. Only trade with money you can afford to lose.

We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

FAQ

Common questions

Is FXTM or Pepperstone better?

Pepperstone edges it overall with a Clarity Score of 90 vs 82, helped by stronger regulation & safety. But FXTM can still be the better fit if you prioritise better for beginners.

Which is cheaper, FXTM or Pepperstone?

On all-in cost, Pepperstone is cheaper (cost index 1/5 vs 3/5). Compare the full fee breakdown on each review.

Which is better regulated?

Pepperstone scores higher on our regulation & safety criterion. FXTM: FCA, CySEC, FSCA, CMA. Pepperstone: FCA, ASIC, CySEC, DFSA.

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Capital at risk. Most retail CFD accounts lose money. Trade only with money you can afford to lose.FXTMPepperstone