FxPro

4.1(1100)

CySEC/FCA

Pepperstone

4.5(1800)

BaFin/FCA/ASIC

FxPro vs Pepperstone

Head-to-Head Comparison 2026

Our Verdict

Pepperstone has a higher rating of 4.5/5 compared to FxPro (4.1/5). The minimum deposit is lower at Pepperstone with 0 €. Pepperstone is BaFin-regulated, while FxPro is supervised by CySEC/FCA. FxPro has been in the market since 2006, making it the more experienced provider. On spreads, FxPro offers EUR/USD from 1.3 pip (MT4 Standard), 0.2 pip (cTrader) + $4.50 per lot, while Pepperstone offers EUR/USD from 0.0 pip (Razor) + $3.50 per lot.

Comparison Table

Criteria	FxPro	Pepperstone
Rating	4.1/5 (1100 reviews)	4.5/5 (1800 reviews)✓
Regulation	CySEC/FCA	BaFin/FCA/ASIC
Fees	Spreads from 0.6 pip (Standard), from 0.0 pip + commission (Raw+)	Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip
Min. Deposit	100 €	0 €
Instruments	Forex, CFDs, Stocks CFDs, Indices, Commodities, Crypto, Futures	Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices
Platforms	MT4, MT5, cTrader, FxPro Platform	MT4, MT5, cTrader, TradingView
Options Trading	No, CFD and forex trading	No, but over 1,200 CFD instruments
Spread (typical)	EUR/USD from 1.3 pip (MT4 Standard), 0.2 pip (cTrader) + $4.50 per lot	EUR/USD from 0.0 pip (Razor) + $3.50 per lot
Execution Speed	~13 ms	~30 ms (Equinix LD5)
Inactivity Fee	$5/month after 6 months of inactivity	None
Founded	2006	2010
Headquarters	London	Melbourne

Detailed Comparison

Fee Comparison

FxPro: Spreads from 0.6 pip (Standard), from 0.0 pip + commission (Raw+). Minimum deposit: 100 €. Spread: EUR/USD from 1.3 pip (MT4 Standard), 0.2 pip (cTrader) + $4.50 per lot. Inactivity fee: $5/month after 6 months of inactivity.

Pepperstone: Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip. Minimum deposit: 0 €. Spread: EUR/USD from 0.0 pip (Razor) + $3.50 per lot.

Execution Quality

FxPro

Execution: ~13 ms

Pepperstone

Execution: ~30 ms (Equinix LD5)

Product Range

FxPro (7 categories)

ForexCFDsStocks CFDsIndicesCommoditiesCryptoFutures

Pepperstone (7 categories)

ForexCFDsIndicesCommoditiesStocks CFDsCryptoCurrency Indices

Trading Platforms

FxPro

MT4
MT5
cTrader
FxPro Platform

Pepperstone

MT4
MT5
cTrader
TradingView

Regulation & Security

FxPro is regulated by CySEC/FCA (HQ: London).

Pepperstone is regulated by BaFin/FCA/ASIC (HQ: Melbourne).

Who Is It For?

FxPro

NDD broker with fast execution and multiple platforms

✓ NDD execution without dealing desk

✓ Four platforms available

✓ Fast execution speed

✗ Inactivity fee after 6 months

✗ No BaFin regulation

Pepperstone

ECN broker with Razor account and ultra-fast execution

✓ Razor account with raw spreads from 0.0 pip

✓ Fast execution speed

✓ MT4, MT5, cTrader and TradingView

✗ No options trading

✗ No real stocks, only CFDs

Frequently Asked Questions

Is FxPro or Pepperstone cheaper?

FxPro charges Spreads from 0.6 pip (Standard), from 0.0 pip + commission (Raw+). Pepperstone charges Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip. The minimum deposit is 100 € at FxPro and 0 € at Pepperstone.

Which broker offers more products: FxPro or Pepperstone?

FxPro offers Forex, CFDs, Stocks CFDs, Indices, Commodities, Crypto, Futures. Pepperstone offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices.

Which broker is better regulated?

FxPro is regulated by CySEC/FCA. Pepperstone is regulated by BaFin/FCA/ASIC. Pepperstone has BaFin regulation, which is particularly advantageous for German investors.

Is FxPro or Pepperstone better for beginners?

FxPro has a minimum deposit of 100 € and offers MT4, MT5, cTrader, FxPro Platform as platforms. Pepperstone has a minimum deposit of 0 € and offers MT4, MT5, cTrader, TradingView. Pepperstone has the lower entry barrier.

FxPro vs Pepperstone: Which broker is better overall?

The choice between FxPro (4.1/5, 1100 reviews) and Pepperstone (4.5/5, 1800 reviews) depends on your needs. FxPro: NDD broker with fast execution and multiple platforms. Pepperstone: ECN broker with Razor account and ultra-fast execution.

How do spreads compare between FxPro and Pepperstone?

FxPro offers typical spreads of EUR/USD from 1.3 pip (MT4 Standard), 0.2 pip (cTrader) + $4.50 per lot. Pepperstone offers EUR/USD from 0.0 pip (Razor) + $3.50 per lot. Tighter spreads reduce trading costs especially for active trading.

Do FxPro or Pepperstone charge an inactivity fee?

FxPro: $5/month after 6 months of inactivity. Pepperstone: no inactivity fee.

FxPro

NDD broker with fast execution and multiple platforms

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From 100 € min. deposit

Pepperstone

ECN broker with Razor account and ultra-fast execution

Open Account →

From 0 € min. deposit

FxPro read review →Pepperstone read review →