IC Markets vs Pepperstone
Side-by-side comparison of regulation, trading costs, platforms, and account types for IC Markets and Pepperstone.
IC MarketsTrust 9.3/10
ASIC
CySEC
FSA-Seychelles
One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.
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: IC Markets has the higher trust score.
- EUR/USD spread: Pepperstone is tighter on EUR/USD.
Side-by-side comparison
| Feature | IC Markets | Pepperstone |
|---|---|---|
| Trust score | 9.3 | 9.2 |
| Regulators | ASIC, CySEC, FSA-Seychelles | ASIC, FCA, CySEC, DFSA, BaFin, CMA, SCB |
| Headquarters | — | — |
| Founded | — | — |
| Min deposit | $200 | $200 |
| Max leverage | 1:500 | 1:500 |
| EUR/USD spread | 0.10 pips | 0.09 pips |
| Commission per lot | $7 | $7 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | — | — |
| Withdrawal methods | — | — |
| Withdrawal speed | — | — |
| Base currencies | — | — |
IC Markets is best for
Algo traders
Scalpers
High-volume traders
cTrader users
Pepperstone is best for
Algo traders
Scalpers
cTrader users
AU and NZ residents