Pepperstone

4.5(1800)

BaFin/FCA/ASIC

XTB

4.4(2100)

KNF/FCA/CySEC

Pepperstone vs XTB

Head-to-Head Comparison 2026

Our Verdict

Pepperstone has a higher rating of 4.5/5 compared to XTB (4.4/5). Pepperstone is BaFin-regulated, while XTB is supervised by KNF/FCA/CySEC. XTB has been in the market since 2002, making it the more experienced provider.

Comparison Table

Criteria	Pepperstone	XTB
Rating	4.5/5 (1800 reviews)✓	4.4/5 (2100 reviews)
Regulation	BaFin/FCA/ASIC	KNF/FCA/CySEC
Fees	Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip	0% commission on stock CFDs (up to €100,000/month), spreads from 0.1 pip
Min. Deposit	0 €	0 €
Instruments	Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices	Stocks, ETFs, CFDs, Forex, Commodities, Indices, Crypto
Platforms	MT4, MT5, cTrader, TradingView	xStation 5, xStation Mobile
Options Trading	No, but over 1,200 CFD instruments	No, but over 6,000 stocks and ETFs commission-free
Founded	2010	2002
Headquarters	Melbourne	Warsaw

Detailed Comparison

Fee Comparison

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

XTB: 0% commission on stock CFDs (up to €100,000/month), spreads from 0.1 pip. Minimum deposit: 0 €.

Product Range

Pepperstone (7 categories)

ForexCFDsIndicesCommoditiesStocks CFDsCryptoCurrency Indices

XTB (7 categories)

StocksETFsCFDsForexCommoditiesIndicesCrypto

Trading Platforms

Pepperstone

MT4
MT5
cTrader
TradingView

XTB

xStation 5
xStation Mobile

Regulation & Security

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

XTB is regulated by KNF/FCA/CySEC (HQ: Warsaw).

Who Is It For?

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

XTB

Publicly traded CFD broker with award-winning xStation platform

✓ Award-winning xStation platform

✓ 0% commission on stocks up to €100,000

✓ Publicly traded company

✗ Inactivity fee after 12 months

✗ No MetaTrader 4/5

Frequently Asked Questions

Is Pepperstone or XTB cheaper?

Pepperstone charges Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip. XTB charges 0% commission on stock CFDs (up to €100,000/month), spreads from 0.1 pip. The minimum deposit is 0 € at Pepperstone and 0 € at XTB.

Which broker offers more products: Pepperstone or XTB?

Pepperstone offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices. XTB offers Stocks, ETFs, CFDs, Forex, Commodities, Indices, Crypto.

Which broker is better regulated?

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

Is Pepperstone or XTB better for beginners?

Pepperstone has a minimum deposit of 0 € and offers MT4, MT5, cTrader, TradingView as platforms. XTB has a minimum deposit of 0 € and offers xStation 5, xStation Mobile. Pepperstone has the lower entry barrier.

Pepperstone vs XTB: Which broker is better overall?

The choice between Pepperstone (4.5/5, 1800 reviews) and XTB (4.4/5, 2100 reviews) depends on your needs. Pepperstone: ECN broker with Razor account and ultra-fast execution. XTB: Publicly traded CFD broker with award-winning xStation platform.

Pepperstone

ECN broker with Razor account and ultra-fast execution

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From 0 € min. deposit

XTB

Publicly traded CFD broker with award-winning xStation platform

Open Account →

From 0 € min. deposit

Pepperstone read review →XTB read review →