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.
XTB vs Pepperstone at a glance: XTB was founded in 2002 and is publicly traded (listed on a stock exchange), while Pepperstone started in 2010 and is privately held. Neither broker is a bank.
On regulation and trust: ForexBrokers.com rates both brokers as highly trusted, with Trust Scores of 96 for XTB and 94 for Pepperstone (90–99 = highly trusted). XTB holds 2 Tier-1 licenses (considered highly trusted) and 2 Tier-2 licenses (trusted), while Pepperstone holds 3 Tier-1 licenses and 2 Tier-2 licenses.
| 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, Pepperstone generally edges out XTB if you use Pepperstone’s Razor account. Pepperstone lists an all-in cost of about 0.80 pips on EUR/USD (July 2024) on Razor, versus XTB’s roughly 1.0 pip average on its Standard account (Q4 2023). If you’re looking at commission-free accounts only, XTB’s Standard (about 1.0 pip) is slightly cheaper than Pepperstone’s Standard (about 1.1 pips). Ratings and rankings: Pepperstone earns 5 stars and ranks #6 of 63 brokers for Commissions and Fees, while XTB earns 4.5 stars and ranks #13 of 63.
XTB offers a spread-only Standard account and a commission-based Professional account, though the Pro option is being phased out and is mostly limited to eligible professional clients in the U.K. and EU. Typical EUR/USD spreads averaged about 1.0 pip in Q4 2023, which is around the industry average. Minimum deposits start at 250 in your base currency. XTB’s Lower Spread Group can rebate 5%–30% of the spread for high-volume traders (roughly 20 to 1000 lots per month), which can narrow costs, but for most retail traders the Standard account remains the practical choice.
Pepperstone’s Razor account uses a commission-plus-spread model across TradingView, MetaTrader, and cTrader. The broker reports about 0.10 pips in raw spread on EUR/USD, and after adding the commission (about 0.70 pips), the all-in comes to roughly 0.80 pips—close to the industry average and often lower than XTB’s Standard. Pepperstone’s Standard account is commission-free but averages about 1.1 pips on EUR/USD. Active traders can qualify for rebates: in the U.K. and EU, professional clients trading at least £20 million per month can get 15% off spreads (up to 25% beyond £200 million), and in Australia, the program starts from 100 lots over three months and can reach a 30% reduction for more than 3001 lots monthly.
| 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.
Comparing XTB vs Pepperstone for range of investments, XTB offers a far larger lineup with 10,900 tradeable symbols versus Pepperstone’s 1,726. XTB also lists slightly more forex pairs (71 vs 65). Both brokers support forex trading via CFDs/spot contracts. XTB stands out by allowing clients to buy real, exchange-traded shares on U.S. and international exchanges, while Pepperstone does not. For crypto, neither broker offers delivered coins, but both provide cryptocurrency CFDs.
Pepperstone’s key advantage is copy trading, which XTB does not provide. For overall product breadth, ForexBrokers.com rates XTB 5 stars (ranked 14th out of 63) and Pepperstone 4 stars (23rd out of 63). Choose XTB if you want the biggest selection and access to actual shares; pick Pepperstone if copy trading matters most alongside forex and CFD markets.
| Feature |
XTB
|
Pepperstone
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10900 | 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 |
|
|
| Trust Score | 96 | 94 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | XTB | Pepperstone | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 94 | |
| Winner | check_circle | ||
| Review | XTB Review | Pepperstone Review |
| Broker Screenshots | XTB | Pepperstone | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | XTB | Pepperstone | |
|---|---|---|---|
| Trust Score | 96 | 94 | |
| 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) | 10900 | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 94 | |
| Winner | check_circle | ||
| Review | XTB Review | Pepperstone Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill