IG Markets

4.6(2500)

BaFin/FCA

Pepperstone

4.5(1800)

BaFin/FCA/ASIC

IG Markets vs Pepperstone

Head-to-Head Comparison 2026

Our Verdict

IG Markets offers a broader product range with over 17,000 markets including vanilla options and barriers, while Pepperstone offers cheaper forex conditions with the Razor account and raw spreads from 0.0 pip. IG is suitable for traders who want options and maximum market breadth, Pepperstone for pure forex traders seeking the tightest spreads.

Comparison Table

Criteria	IG Markets	Pepperstone
Rating	4.6/5 (2500 reviews)✓	4.5/5 (1800 reviews)
Regulation	BaFin/FCA✓	BaFin/FCA/ASIC
Fees	Spreads from 0.6 pip on forex, from 0.1% on stock CFDs	Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip✓
Min. Deposit	300 €	0 €
Instruments	CFDs, Forex, Options, Indices, Commodities, Stocks CFDs, Crypto✓	Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices
Platforms	IG Platform, MT4, ProRealTime, L2 Dealer	MT4, MT5, cTrader, TradingView✓
Options Trading	Yes, vanilla options and barriers	No, but over 1,200 CFD instruments
Founded	1974	2010
Headquarters	London	Melbourne

Detailed Comparison

Fee Comparison

Pepperstone

IG Markets: Spreads from 0.6 pip on forex, from 0.1% on stock CFDs. Minimum deposit: 300 €.

Pepperstone: Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip. Minimum deposit: 0 €.

Product Range

IG Markets

IG Markets (7 categories)

CFDsForexOptionsIndicesCommoditiesStocks CFDsCrypto

Pepperstone (7 categories)

ForexCFDsIndicesCommoditiesStocks CFDsCryptoCurrency Indices

Trading Platforms

Pepperstone

IG Markets

IG Platform
MT4
ProRealTime
L2 Dealer

Pepperstone

MT4
MT5
cTrader
TradingView

Regulation & Security

IG Markets

IG Markets is regulated by BaFin/FCA (HQ: London).

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

Who Is It For?

IG Markets

World-leading CFD provider with 50 years of experience

✓ Over 17,000 markets available

✓ Vanilla options and barriers available

✓ Very long company history since 1974

✗ Minimum deposit €300

✗ High fees for small accounts

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 IG Markets or Pepperstone cheaper?

IG Markets charges Spreads from 0.6 pip on forex, from 0.1% on stock CFDs. Pepperstone charges Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip. The minimum deposit is 300 € at IG Markets and 0 € at Pepperstone.

Which broker offers more products: IG Markets or Pepperstone?

IG Markets offers CFDs, Forex, Options, Indices, Commodities, Stocks CFDs, Crypto. Pepperstone offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices.

Which broker is better regulated?

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

Is IG Markets or Pepperstone better for beginners?

IG Markets has a minimum deposit of 300 € and offers IG Platform, MT4, ProRealTime, L2 Dealer as platforms. Pepperstone has a minimum deposit of 0 € and offers MT4, MT5, cTrader, TradingView. Pepperstone has the lower entry barrier.

IG Markets vs Pepperstone: Which broker is better overall?

The choice between IG Markets (4.6/5, 2500 reviews) and Pepperstone (4.5/5, 1800 reviews) depends on your needs. IG Markets: World-leading CFD provider with 50 years of experience. Pepperstone: ECN broker with Razor account and ultra-fast execution.

IG Markets

World-leading CFD provider with 50 years of experience

Open Account →

From 300 € min. deposit

Pepperstone

ECN broker with Razor account and ultra-fast execution

Open Account →

From 0 € min. deposit

IG Markets read review →Pepperstone read review →