Written by ForexBrokers.com
In this head to head comparison of XTB vs Pepperstone, 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 XTB and Pepperstone, both companies boast strong regulatory credentials, providing high levels of trust for their users. XTB, founded in 2002, holds two Tier-1 licenses and two Tier-2 licenses. It is publicly traded, enhancing its transparency for investors, and has achieved a high Trust Score of 96 out of 99 according to ForexBrokers.com. Despite being younger than its counterpart, having been founded in 2010, Pepperstone is not publicly traded but impressively holds three Tier-1 licenses and two Tier-2 licenses, earning it a Trust Score of 95 out of 99.
Both XTB and Pepperstone are non-bank brokers, ensuring dedicated services specifically for trading. The fact that neither institution holds banking status might appeal to investors looking for firms that concentrate solely on brokerage services. With their impressive legal credentials and high Trust Scores, XTB and Pepperstone stand out as reliable choices for traders in the online brokerage space.
| Feature |
XTB
|
Pepperstone
|
|---|---|---|
| Year Founded | 2002 | 2010 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 2 | 2 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 2 |
Comparing commissions and fees, both XTB and Pepperstone earn 4.5 out of 5 stars. Pepperstone ranks #6 out of 63 brokers for Commissions and Fees at ForexBrokers.com, while XTB ranks #13 out of 63. In short, Pepperstone’s Razor account can offer lower all-in costs for active traders, whereas XTB’s Standard account delivers straightforward, competitive pricing for everyday trading.
XTB provides a spread-only Standard account with an average EUR/USD spread of 1.0 pip (Q4 2023). Its commission-based Professional account is being phased out and is limited to elective professionals in select regions; minimum deposits start at 250 in your base currency. Pepperstone’s commission-free Standard account averages 1.1 pips on EUR/USD (July 2024). The Razor account is commission-based and posted a 0.10-pip average spread; including the commission-equivalent of 0.70 pips, the all-in cost is about 0.80 pips—typically cheaper than XTB’s Standard on EUR/USD, while Pepperstone’s Standard is slightly pricier than XTB’s.
For volume discounts, XTB’s Lower Spread Group rebates 5%–30% of the spread from 20 to 1000+ lots per month. Pepperstone’s Active Trader program also offers rebates that vary by region: in the U.K. and EU, professional clients trading at least £20 million per month in forex can receive a 15% rebate per lot, rising to 25% above £200 million; in Australia, professional clients need 100 lots over three months for the first tier (10% per lot), with up to 30% for 3001+ lots monthly. If you can use Razor and qualify for higher tiers, Pepperstone can edge out on cost; if you prefer simple, spread-only pricing or trade smaller sizes, XTB’s Standard account is a solid fit.
| Feature |
XTB
|
Pepperstone
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average spread (EUR/USD) - Standard account | 0.92 | 1.1 |
| All-in Cost EUR/USD - Active | 0.92 | 0.8 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XTB offers a wider range of investments, with 7,184 tradeable symbols compared to Pepperstone’s 1,726. Both brokers support forex trading, but XTB lists 71 currency pairs versus Pepperstone’s 65. Each broker provides cryptocurrency CFDs, while neither lets you buy actual (delivered) crypto.
For stocks, XTB stands out by offering exchange-traded shares on both U.S. and international exchanges; Pepperstone does not offer exchange-traded stocks. Pepperstone counters with copy trading, which XTB does not provide. For Range of Investments, ForexBrokers.com rates XTB 5 stars and ranks it #14 out of 63 brokers, while Pepperstone earns 4 stars and is ranked #23.
| Feature |
XTB
|
Pepperstone
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 1726 |
| Forex Pairs (Total) | 71 | 65 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | 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.
Comparing XTB vs Pepperstone on trading platforms and tools: both brokers offer free demo (paper) accounts, proprietary platforms, Windows desktop downloads, web-based platforms, and the ability to trade directly from charts. The big differences are in third‑party and social options. Pepperstone supports copy trading and offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while XTB does not provide copy trading or MT4/MT5. If you want MetaTrader or strategy copying, Pepperstone is the better match; if you prefer an in‑house platform experience, XTB may appeal.
According to ForexBrokers.com, XTB is rated 4.5 out of 5 stars for Trading Platforms and Tools and ranks 9th out of 63 brokers, while Pepperstone is rated 4 out of 5 stars and ranks 21st out of 63. In short, both deliver solid platform access and chart‑trading, with Pepperstone adding MetaTrader and copy trading, and XTB earning the higher overall score for platforms and tools.
| Feature |
XTB
|
Pepperstone
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 39 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB and Pepperstone both offer iPhone and Android mobile trading apps with price alerts, chart drawing tools like trendlines, and automatic saving of your annotations. In third-party evaluations, XTB earns 4.5 out of 5 stars and ranks #8 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while Pepperstone scores 4 stars and ranks #19.
For charting depth, XTB includes 39 built-in technical studies (indicators) compared with Pepperstone’s 30. The key day‑to‑day difference is watchlists: XTB’s mobile watchlists do not sync with its web platform, whereas Pepperstone supports watchlist syncing so changes carry across devices. Pick XTB if you want more indicators out of the box, or Pepperstone if cross‑device watchlists matter most.
| Feature |
XTB
|
Pepperstone
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 39 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
XTB vs Pepperstone market research: both brokers provide daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, plus an easy-to-use economic calendar. Each includes sentiment tools showing the split between long and short positions. Neither adds Trading Central, TipRanks, or Acuity Trading. The big difference is Autochartist: Pepperstone includes Autochartist-driven technical ideas, while XTB does not.
For overall research quality, ForexBrokers.com rates XTB at 5 stars (ranked 9th of 63) and Pepperstone at 4.5 stars (12th of 63). Choose Pepperstone if you want Autochartist trade ideas built in. Pick XTB if you value daily insights, premium news, and a higher independent score.
| Feature |
XTB
|
Pepperstone
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner-friendly education, both XTB and Pepperstone make it easy to learn the basics of forex and CFDs. Each broker hosts online educational webinars at least once a month and offers large video libraries with 10+ beginner tutorials and 10+ advanced lessons, so you can move from getting started to more in‑depth strategies at your own pace.
In independent reviews, XTB earns 5 stars for Education and ranks #11 out of 63 brokers at ForexBrokers.com, while Pepperstone scores 4.5 stars and ranks #15. For new traders, that means both are strong choices, with XTB holding a slight edge overall for education quality, and Pepperstone still delivering plenty of webinars and videos to support your learning path.
| Feature |
XTB
|
Pepperstone
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than Pepperstone. XTB finished with an overall rank of #7, while Pepperstone finished with an overall rank of #17.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
|
Pepperstone
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 95 |
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Online brokers XTB and Pepperstone do not allow buying actual (delivered) cryptocurrencies, but both support trading cryptocurrency CFDs.
When comparing online brokers XTB vs Pepperstone for deposits and withdrawals, both support PayPal and bank wire transfers, XTB additionally supports Skrill, while Pepperstone uniquely offers ACH/SEPA transfers.
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 | XTB | Pepperstone | |
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| Trust Score | 96 | 95 | |
| Winner | check_circle | ||
| Review | XTB Review | Pepperstone Review |
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| Regulation | XTB | Pepperstone | |
|---|---|---|---|
| Trust Score | 96 | 95 | |
| Year Founded | 2002 | 2010 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 2 | 2 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | XTB | Pepperstone | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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) | XTB | Pepperstone | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XTB | Pepperstone | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 1726 | |
| Forex Pairs (Total) | 71 | 65 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | 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 | XTB | Pepperstone | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.92 | 1.1 | |
| All-in Cost EUR/USD - Active | 0.92 | 0.8 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XTB | Pepperstone | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | XTB | Pepperstone | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | XTB | Pepperstone | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 39 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | Pepperstone | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 39 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XTB | Pepperstone | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XTB | Pepperstone | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | XTB | Pepperstone | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XTB Review | Pepperstone Review |
| Overall | XTB | Pepperstone | |
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| Trust Score | 96 | 95 | |
| Winner | check_circle | ||
| Review | XTB Review | Pepperstone Review |
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