Written by ForexBrokers.com
In this head to head comparison of Pepperstone vs FxPro, 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.
Pepperstone vs FxPro: Pepperstone was founded in 2010 and FxPro in 2006. Neither broker is publicly traded. Pepperstone is not a bank, while FxPro is a bank. Both earn high marks for safety: Pepperstone has a ForexBrokers.com Trust Score of 94/99 and FxPro scores 93/99—placing both in the 90–99 “highly trusted” range.
On regulation, Pepperstone holds more top-tier oversight with 3 Tier-1 licenses (highly trusted) and 2 Tier-2 licenses (trusted). FxPro holds 2 Tier-1 licenses and 1 Tier-2 license. If you’re comparing these online brokers on regulatory strength and trust score, both are highly trusted, with Pepperstone carrying more Tier-1 and Tier-2 licenses overall.
| Feature |
Pepperstone
|
FxPro
|
|---|---|---|
| Year Founded | 2010 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | Yes |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
Pepperstone has the edge over FxPro when it comes to commissions and fees, especially for traders who use its Razor account or qualify for the Active Trader program. Pepperstone’s Razor account uses commission-based pricing, and its average EUR/USD all-in cost was about 0.80 pips, which is close to the industry average. Its Standard account is commission-free but more expensive overall, with an average EUR/USD spread of 1.1 pips. Pepperstone is rated 5 stars and ranked #5 out of 36 brokers for commissions and fees.
FxPro’s pricing is generally higher than Pepperstone’s, which can make it less appealing for cost-conscious traders. Its most competitive setup is on cTrader, where commission-based pricing brings the EUR/USD effective spread to about 1.27 pips. On MT4 and MT5, FxPro’s floating spreads are wider, with EUR/USD pricing around 1.51 to 1.71 pips depending on the account and execution type. FxPro is rated 4 stars and ranked #31 out of 36 brokers for commissions and fees.
For lower trading costs, Pepperstone is the stronger choice overall, while FxPro may still suit traders who value its platform options and are willing to pay a bit more in spreads and commissions.
| Feature |
Pepperstone
|
FxPro
|
|---|---|---|
| Minimum Deposit | $10 | $100 |
| Average spread (EUR/USD) - Spread-only account | 1.1 | 1.44 |
| All-in Cost EUR/USD - Raw spread account | 0.8 | 0.92 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Pepperstone and FxPro both give traders access to forex and CFDs, along with copy trading and crypto CFDs. Pepperstone lists 2,631 tradable symbols, slightly more than FxPro’s 2,278, which may appeal to traders who want a wider overall market selection. Pepperstone also offers 65 forex pairs, while FxPro offers 75, so FxPro has the edge for currency traders looking for more pair options.
There are some clear differences in the types of assets each broker offers. FxPro lets clients trade exchange-traded shares on international exchanges, while Pepperstone does not offer exchange-traded securities on either U.S. or overseas markets. Pepperstone, however, does allow clients to buy actual cryptocurrency, not just crypto CFDs, which FxPro does not. Both brokers earn 4 out of 5 stars for Range of Investments, but Pepperstone ranks slightly higher at #23 out of 36 brokers, compared with FxPro at #24.
| Feature |
Pepperstone
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2631 | 2278 |
| Forex Pairs (Total) | 65 | 75 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | 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 FxPro both give traders a wide range of platform choices, including free demo accounts, Windows desktop apps, web-based platforms, copy trading, MetaTrader 4, and MetaTrader 5. Each also lets users trade directly from a chart, which can make placing orders quicker and easier for active traders. In short, both brokers cover the main tools most people expect, whether they prefer to trade in a browser, on a desktop download, or through social trading features.
The key difference is that Pepperstone offers a proprietary platform built in-house, while FxPro does not. Both brokers receive the same 4-star rating for trading platforms and tools, but FxPro is ranked slightly higher by ForexBrokers.com in this category, placing #18 out of 36 brokers compared with Pepperstone’s #21. For traders comparing platform variety and ease of use, FxPro has a small edge in ranking, while Pepperstone stands out for its own custom platform option.
| Feature |
Pepperstone
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| 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) | 90 | 53 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Pepperstone and FxPro both offer mobile trading apps for iPhone and Android, along with key features that many traders look for, such as price alerts and watchlist syncing between the app and online account. Each app also lets users draw trendlines on charts and saves those drawings automatically, which makes it easier to keep track of trading ideas across sessions. For everyday mobile trading needs, both brokers cover the basics well.
When it comes to charting tools and overall app quality, FxPro has the edge. Its mobile app includes 65 technical studies, compared with 30 at Pepperstone, and it also has a higher mobile app rating at 4.5 out of 5 stars versus Pepperstone’s 4 stars. In ForexBrokers.com’s Mobile Trading Apps category, FxPro is ranked #15 out of 36 brokers, ahead of Pepperstone at #19, making FxPro the slightly stronger choice for traders who want more charting options and a better-rated app.
| Feature |
Pepperstone
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Pepperstone and FxPro both give traders daily market commentary and an economic calendar, so each broker covers the basics well for staying up to date on news and scheduled events. Pepperstone stands out for its access to top-tier forex news sources such as Bloomberg, Reuters, and Dow Jones, while FxPro does not offer this type of premium news feed. Pepperstone also includes a sentiment tool that shows the balance of long and short positions, which can help traders gauge market mood.
FxPro has an edge in built-in analysis tools, offering Autochartist and Trading Central, both of which can help spot trade ideas and market patterns. Pepperstone does not offer these tools, but it still earns a higher research rating at 4.5 out of 5 stars, compared with FxPro’s 4 stars. That stronger score is reflected in ForexBrokers.com’s ranking, where Pepperstone places #13 out of 36 brokers for research, while FxPro comes in at #23.
| Feature |
Pepperstone
|
FxPro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Pepperstone comes out ahead of FxPro for beginner education overall. It offers forex and CFDs learning material, runs online educational webinars at least once a month, and provides at least 10 beginner videos plus 10 advanced videos for traders who want to keep learning. FxPro also offers forex and CFDs education and has at least 10 beginner videos, but it does not hold monthly educational webinars and does not appear to offer 10 advanced videos for more experienced traders.
That difference shows up in ratings and rankings too. Pepperstone is rated 4.5 out of 5 for Education and ranks #15 out of 36 brokers on ForexBrokers.com, while FxPro is rated 4 out of 5 and ranks #17. For beginners looking for more ways to learn through videos and live webinars, Pepperstone has the edge.
| Feature |
Pepperstone
|
FxPro
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 FxPro. Pepperstone finished with an overall rank of #17, while FxPro finished with an overall rank of #20.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
| Feature |
Pepperstone
|
FxPro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 93 |
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Pepperstone and FxPro both offer cryptocurrency CFD trading, but only Pepperstone also allows clients to buy actual, delivered cryptocurrency rather than just CFDs.
In our Pepperstone vs FxPro comparison of funding options, both online brokers support ACH/SEPA transfers, PayPal, Skrill, and bank wire deposits and withdrawals, while Visa/Mastercard availability is not specified.
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 | FxPro | |
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| Trust Score | 94 | 93 | |
| Winner | check_circle | ||
| Review | Pepperstone Review | FxPro Review |
| Broker Screenshots | Pepperstone | FxPro | |
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| Regulation | Pepperstone | FxPro | |
|---|---|---|---|
| Trust Score | 94 | 93 | |
| Year Founded | 2010 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | Pepperstone | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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 | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Pepperstone | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2631 | 2278 | |
| Forex Pairs (Total) | 65 | 75 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | 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 | FxPro | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.1 | 1.44 | |
| All-in Cost EUR/USD - Raw spread account | 0.8 | 0.92 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Pepperstone | FxPro | |
|---|---|---|---|
| Minimum Deposit | $10 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | Pepperstone | FxPro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| 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 | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 90 | 53 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Pepperstone | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Pepperstone | FxPro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Pepperstone | FxPro | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Pepperstone | FxPro | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | Pepperstone Review | FxPro Review |
| Overall | Pepperstone | FxPro | |
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| Trust Score | 94 | 93 | |
| Winner | check_circle | ||
| Review | Pepperstone Review | FxPro Review |
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