IG MarketsSpreads from 0.6 pip on forex, from 0.1% on stock CFDs
- Published fee
- Spreads from 0.6 pip on forex, from 0.1% on stock CFDs
- Minimum deposit
- 300 €
- Inactivity
- £12/month after 24 months of inactivity
Broker comparison
IG Markets vs.
Pepperstone
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonIG Markets
PepperstoneVS
Summary
Your goal decides
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.
IG MarketsWorld-leading CFD provider with 50 years of experience
PepperstoneECN broker with Razor account and ultra-fast execution
At a glance
The key differences
| Criterion | IG Markets | Pepperstone |
|---|---|---|
| Platforms | IG Platform, MT4, ProRealTime, L2 Dealer | MT4, MT5, cTrader, TradingView |
| Product types | CFDs, Forex, Options, Indices, Commodities, Stocks CFDs, Crypto | Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices |
| Options trading | Yes, vanilla options and barriers | No, but over 1,200 CFD instruments |
| Fee model | 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 |
| Minimum deposit | 300 € | 0 € |
| Regulation | BaFin/FCA | BaFin/FCA/ASIC |
| More information | Details | Details |
Platforms
IG Markets
IG Platform, MT4, ProRealTime, L2 Dealer
Pepperstone
MT4, MT5, cTrader, TradingView
Product types
IG Markets
CFDs, Forex, Options, Indices, Commodities, Stocks CFDs, Crypto
Pepperstone
Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices
Options trading
IG Markets
Yes, vanilla options and barriers
Pepperstone
No, but over 1,200 CFD instruments
Fee model
IG Markets
Spreads from 0.6 pip on forex, from 0.1% on stock CFDs
Pepperstone
Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip
Minimum deposit
IG Markets
300 €
Pepperstone
0 €
Regulation
IG Markets
BaFin/FCA
Pepperstone
BaFin/FCA/ASIC
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
IG MarketsPepperstoneRazor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip
- Published fee
- Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip
- Minimum deposit
- 0 €
- Spread figure
- EUR/USD from 0.0 pip (Razor) + $3.50 per lot
The relevant costs depend on market, currency, order size and trading style.
Worked out
What does it actually cost?
Typical months at IG Markets and Pepperstone, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | IG Markets | Pepperstone |
|---|---|---|
| 10 lots of EUR/USD a month | US$85Average EUR/USD spread 0.85 pts (00–21 GMT) × $10 × 10; no commission | US$113Standard account: average EUR/USD spread 1.13 pip × $10 × 10; no commission |
| Custody and account fee per year | €0Active: €0. No inactivity fee listed in IG Europe costs document | €0No account-keeping or inactivity fee |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: ig.com · ig.com · pepperstone.com · pepperstone.com
Execution quality
Order type, venue and liquidity affect execution.
IG MarketsCheck the provider’s execution policy and available order types for your account.
Provider informationPepperstoneCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
IG MarketsCFDsForexOptionsIndicesCommoditiesStocks CFDsCrypto
PepperstoneForexCFDsIndicesCommoditiesStocks CFDsCryptoCurrency Indices
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
IG MarketsIG Platform · MT4 · ProRealTime · L2 Dealer
IG Markets offers four trading platforms: The IG Platform is the proprietary web platform with advanced charts, market analyses, and over 17,000 markets. MT4 is available for automated trading and Expert Advisors. ProRealTime offers professional chart analysis with over 100 indicators and backtesting capabilities. L2 Dealer enables Direct Market Access (DMA) for professional traders. All platforms support trading in CFDs, forex, and options.
Explore platformPepperstoneMT4 · MT5 · cTrader · TradingView
Pepperstone offers four trading platforms: MT4 and MT5 for classic forex trading with Expert Advisors and automated strategies. cTrader impresses with a modern interface, advanced charting, Level II price data, and algorithmic trading via cAlgo. TradingView enables social trading with one of the world's largest trader communities. All platforms support the Razor account with raw spreads and offer mobile versions for trading on the go.
Explore platformYour investor profile
Who might it suit?
IG MarketsWorld-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
PepperstoneECN 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
Find the broker that fits
IG Markets oder Pepperstone?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
IG Markets and Pepperstone do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Who is on the other side?
Whether your order leaves the building or stops at the desk
Open the lesson →The fill you actually get
Why the price on screen and the price you get are not the same
Open the lesson →Where the price comes from
How several bank quotes become one spread on your screen
Open the lesson →Your questions
Frequently asked questions
How do fees differ between IG Markets and Pepperstone?
IG Markets: Spreads from 0.6 pip on forex, from 0.1% on stock CFDs. Pepperstone: Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
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.
How are IG Markets and Pepperstone regulated?
The broker profiles list BaFin/FCA for IG Markets and BaFin/FCA/ASIC for Pepperstone. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is IG Markets or Pepperstone better for beginners?
IG Markets lists a 300 € minimum deposit and offers IG Platform, MT4, ProRealTime, L2 Dealer. Pepperstone lists 0 € and offers MT4, MT5, cTrader, TradingView. Compare usability, available products and costs for your intended use.
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.
How do spreads compare between IG Markets and Pepperstone?
IG Markets offers typical spreads of EUR/USD from 0.6 pip (typical). Pepperstone offers EUR/USD from 0.0 pip (Razor) + $3.50 per lot. Tighter spreads reduce trading costs especially for active trading.
Do IG Markets or Pepperstone charge an inactivity fee?
IG Markets: £12/month after 24 months of inactivity. Pepperstone: no inactivity fee.
Your next step
Your next step
IG MarketsWorld-leading CFD provider with 50 years of experience
Open accountRead reviewPepperstoneECN broker with Razor account and ultra-fast execution
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.