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.
Full comparison
| Metric | FXTM | Pepperstone |
|---|---|---|
| Clarity Score | 82 | 90 |
| Risk level | Higher risk | Higher risk |
| Regulators | FCA, FSCA, CMA | FCA, ASIC, CySEC, BaFin, DFSA, CMA, CMA (UAE), SCB |
| Segregated funds | Yes | Yes |
| All-in cost | $$$·· | $···· |
| Min deposit | $10 | $10 |
| Typical spread (EUR/USD) | 0.1 pips | 0 pips |
| Max leverage (intl.) | 1000:1 | 1000:1 |
| Withdrawal speed | Same – next day | Same – next day |
| Demo account | Yes | Yes |
| Copy trading | Yes — eligibility varies by region | Yes — eligibility varies by region |
| Platforms | MT4, MT5, Proprietary, Web, iOS, Android | MT4, MT5, cTrader, TradingView, Pepperstone Trading Platform, Web, iOS, Android |
Highlighted cells indicate the stronger value on that metric. Figures are reviewed regularly — verify current terms before depositing.
Pick Pepperstone if you want…
- stronger regulation & safety
- lower all-in cost
- a higher-rated app
- stronger advanced tools
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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, FSCA, CMA. Pepperstone: FCA, ASIC, CySEC, BaFin, DFSA, CMA, CMA (UAE), SCB.