FBS vs Pepperstone
Side-by-side comparison of regulation, trading costs, platforms, and account types for FBS and Pepperstone.
FBSTrust 7.5/10
ASIC
CySEC
FSC-Belize
High-leverage broker with a $1 cent account and 1:3000 offshore leverage. Heavy promotional and rebate presence in Asia and Latin America, with ASIC and CySEC entities for regulated access.
PepperstoneTrust 9.2/10
ASIC
FCA
CySEC
DFSA
Award-winning Australian broker, top choice for cTrader and algo traders. Razor account offers raw spreads with $7/lot commission.
Quick verdict
- Trust: Pepperstone has the higher trust score.
- EUR/USD spread: Pepperstone is tighter on EUR/USD.
Side-by-side comparison
| Feature | FBS | Pepperstone |
|---|---|---|
| Trust score | 7.5 | 9.2 |
| Regulators | ASIC, CySEC, FSC-Belize | ASIC, FCA, CySEC, DFSA, BaFin, CMA, SCB |
| Headquarters | Belize | — |
| Founded | 2009 | — |
| Min deposit | $1 | $200 |
| Max leverage | 1:3000 | 1:500 |
| EUR/USD spread | 0.90 pips | 0.09 pips |
| Commission per lot | $0.00 | $7 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto | — |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto | — |
| Withdrawal speed | 24h | — |
| Base currencies | USD, EUR | — |
FBS is best for
Beginners
High-volume traders
Day traders
Pepperstone is best for
Algo traders
Scalpers
cTrader users
AU and NZ residents