Pepperstone vs ThinkMarkets (2026)
The verdict
Pepperstone edges it overall with a Clarity Score of 90 vs 84, helped by stronger regulation & safety. But ThinkMarkets can still be the better fit.
Full comparison
| Metric | Pepperstone | ThinkMarkets |
|---|---|---|
| Clarity Score | 90 | 84 |
| Risk level | Higher risk | Higher risk |
| Regulators | FCA, ASIC, CySEC, BaFin, DFSA, CMA, CMA (UAE), SCB | FCA, ASIC, CySEC |
| Segregated funds | Yes | Yes |
| All-in cost | $···· Costs and charges may vary depending on the jurisdiction | $$··· |
| Min deposit | $10 | From USD 10 (ThinkTrader, international) |
| Starting spread (not an average) | from 0 pips | from 0 pips |
| Max leverage (intl.) | 1000:1 | 500:1 |
| Withdrawal speed | Same–next day | 1–2 days |
| Demo account | Yes | Yes |
| Copy trading | Choose your country to check Copy trading is not intended for EU/UK/AU-based audiences | Yes — confirm account eligibility |
| Platforms | MT4, MT5, cTrader, TradingView, Pepperstone Trading Platform, Web, iOS, Android | ThinkTrader, MT4, MT5, 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
- stronger advanced tools
Pick ThinkMarkets if you want…
- a solid all-round option for your needs
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Common questions
Is Pepperstone or ThinkMarkets better?
Pepperstone edges it overall with a Clarity Score of 90 vs 84, helped by stronger regulation & safety. But ThinkMarkets can still be the better fit.
Which is cheaper, Pepperstone or ThinkMarkets?
On all-in cost, Pepperstone is cheaper (cost index 1/5 vs 2/5). Compare the full fee breakdown on each review.
Which is better regulated?
Pepperstone scores higher on our regulation & safety criterion. Pepperstone: FCA, ASIC, CySEC, BaFin, DFSA, CMA, CMA (UAE), SCB. ThinkMarkets: FCA, ASIC, CySEC.
Related head-to-heads
Capital at risk. Most retail CFD accounts lose money. Trade only with money you can afford to lose.