Written by ForexBrokers.com
In this head to head comparison of Pepperstone vs FXPrimus, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing online brokers Pepperstone and FXPrimus, it's important to evaluate their regulatory standing as this affects the level of trust and safety offered to investors. Founded in 2010, Pepperstone is non-publicly traded and not a banking institution. It stands out with a high Trust Score of 95 out of 99 as rated by ForexBrokers.com, indicating it is considered highly trusted. Pepperstone’s credibility is bolstered by its three Tier-1 licenses, which reflect strong regulatory compliance, and an additional two Tier-2 licenses, aligning it as a preferred choice among cautious investors.
FXPrimus, established in 2009, is also a non-publicly traded firm without banking status. It holds a Trust Score of 71, placing it in the average risk category according to ForexBrokers.com. With one Tier-1 license, FXPrimus demonstrates some level of reliability, but its absence of Tier-2 licenses might be a point of consideration for those seeking a more secure trading environment. While both brokers provide online trading services, those with a focus on regulatory assurances may find Pepperstone’s standing more reassuring.
| Feature |
Pepperstone
|
FXPrimus
|
|---|---|---|
| Year Founded | 2010 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Pepperstone wins on published pricing: it’s rated 4.5/5 stars and ranked #11 of 63 for commissions and fees by ForexBrokers.com, while FXPrimus earns 4/5 stars and ranks #43. Pepperstone’s best rates come via its Razor account, especially if you qualify for its Active Trader rebates. FXPrimus does not publish average spread data, which makes a like-for-like cost comparison difficult.
Pepperstone Razor uses a commission-plus-spread model and is available on TradingView, MetaTrader (MT4/MT5), and cTrader. As of July 2024, Pepperstone listed an average EUR/USD spread of 0.10 pips on Razor; after adding the commission-equivalent of 0.70 pips, the all-in cost is about 0.80 pips—roughly in line with the industry average. Pepperstone’s Standard account is commission-free but showed a higher average EUR/USD spread of 1.1 pips, making it pricier than Razor when you factor in the total cost.
Active Trader rebates at Pepperstone can further cut costs for professional clients. In the U.K. and EU, trading at least £20 million in forex per month can earn a 15% per‑lot spread rebate, rising to 25% above £200 million. In Australia, the program starts at 100 lots (over three months) for a 10% discount per standard lot, with the top tier (over 3001 lots monthly) reducing spreads by 30%.
| Feature |
Pepperstone
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Pepperstone vs FXPrimus: when it comes to range of investments, Pepperstone offers far more choice. Pepperstone lists 1,726 tradeable symbols and 65 forex pairs, compared with FXPrimus’ 140 symbols and 42 pairs. Both brokers offer forex trading (primarily via CFDs). Neither provides direct share dealing on U.S. or international exchanges, so stock access is through derivatives rather than buying the actual shares.
Both brokers support copy trading and offer cryptocurrency CFDs, though neither lets you buy actual crypto. For Range of Investments, Pepperstone earns 4 stars and ranks 27th out of 63 brokers on ForexBrokers.com, while FXPrimus scores 3.5 stars and ranks 60th—highlighting Pepperstone’s wider market coverage.
| Feature |
Pepperstone
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1726 | 140 |
| Forex Pairs (Total) | 65 | 42 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Pepperstone and FXPrimus stack up closely for trading platforms and tools. Both brokers offer free demo (paper) accounts, their own proprietary platforms alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and access via Windows desktop download and web-based platforms. Each supports copy trading and lets you place orders straight from charts, covering key needs for new and experienced traders alike.
In independent ratings, both earn 4 stars for platforms and tools; however, ForexBrokers.com ranks Pepperstone higher (#22 of 63) than FXPrimus (#50 of 63), which may point to a more polished overall platform lineup at Pepperstone. Neither broker publishes the exact count of built-in chart indicators or how many fields their watchlists support, so it’s worth opening a demo to see which layout and tools you prefer.
| Feature |
Pepperstone
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Pepperstone and FXPrimus both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, 30 technical studies for charting, trendline drawing, and auto‑saving of chart annotations—handy for tracking forex and CFD markets on the go.
The key difference is watchlist syncing: Pepperstone syncs watchlists between mobile and the web, while FXPrimus does not. Both earn 4 out of 5 stars for Mobile Trading Apps, but Pepperstone ranks higher at #21 out of 63 brokers on ForexBrokers.com, compared with FXPrimus at #49. If synced watchlists and a stronger industry ranking matter to you, Pepperstone has the edge; if you just need core charting and alerts on iPhone or Android, either app will do.
| Feature |
Pepperstone
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Pepperstone vs FXPrimus: both brokers provide daily market commentary and an economic calendar, helping you stay on top of global events. Pepperstone goes further with integrated forex news from top-tier sources (such as Bloomberg, Reuters, or Dow Jones), Autochartist tools for technical analysis, and a sentiment gauge that shows the ratio of long vs. short positions. Neither broker offers Trading Central. FXPrimus does not include top-tier news, Autochartist, or a sentiment tool; details about TipRanks or Acuity Trading for FXPrimus were not specified in the available information.
Independent ratings back up the gap in research depth: Pepperstone earns 4.5 out of 5 stars and ranks #12 of 63 brokers for Research on ForexBrokers.com, while FXPrimus scores 3 out of 5 stars and ranks #59. If you value in-platform news, analysis tools, and sentiment data, Pepperstone is the stronger choice; FXPrimus covers the basics for traders who only need commentary and a calendar.
| Feature |
Pepperstone
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Pepperstone vs FXPrimus for beginner education: Pepperstone delivers a fuller learning path for new traders. It runs monthly client webinars and offers extensive video lessons, including at least 10 beginner videos and at least 10 advanced videos on forex and CFDs—so you can start with the basics and keep progressing in one place. FXPrimus also hosts monthly educational webinars, but its video catalog doesn’t reach the 10-video mark for either beginner or advanced levels, so you’ll find fewer structured lessons and may need to rely more on webinars or other materials.
Independent ratings show the gap in depth. Pepperstone earns 4.5 out of 5 stars for Education and ranks 17th out of 63 brokers at ForexBrokers.com, while FXPrimus scores 3 stars and ranks 51st. If you want a broker with richer, ready-to-watch forex and CFD videos for beginners, Pepperstone is the stronger pick; if you mainly want live sessions, both offer monthly webinars.
| Feature |
Pepperstone
|
FXPrimus
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Pepperstone is better than FXPrimus. Pepperstone finished with an overall rank of #16, while FXPrimus finished with an overall rank of #53.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
| Feature |
Pepperstone
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FXPrimus
|
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| Trust Score | 95 | 71 |
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Pepperstone vs FXPrimus: neither online broker lets you buy actual (delivered) cryptocurrency, but both offer trading in cryptocurrency CFDs.
Pepperstone supports ACH/SEPA, PayPal, and bank wire deposits/withdrawals but not Skrill, whereas FXPrimus does not support ACH/SEPA and its support for PayPal, Skrill, and bank wires is not specified; Visa/Mastercard availability is not specified for both brokers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Pepperstone | FXPrimus | |
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| Trust Score | 95 | 71 | |
| Winner | check_circle | ||
| Review | Pepperstone Review |
| Broker Screenshots | Pepperstone | FXPrimus | |
|---|---|---|---|
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| Regulation | Pepperstone | FXPrimus | |
|---|---|---|---|
| Trust Score | 95 | 71 | |
| Year Founded | 2010 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Pepperstone | FXPrimus | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Pepperstone | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Pepperstone | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1726 | 140 | |
| Forex Pairs (Total) | 65 | 42 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Pepperstone | FXPrimus | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Pepperstone | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Pepperstone | FXPrimus | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | Yes |
| Trading Tools | Pepperstone | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Pepperstone | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Pepperstone | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Pepperstone | FXPrimus | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Pepperstone | FXPrimus | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Pepperstone Review |
| Overall | Pepperstone | FXPrimus | |
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| Trust Score | 95 | 71 | |
| Winner | check_circle | ||
| Review | Pepperstone Review |
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