Broker comparison

FxPro vs.
Pepperstone

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Pepperstone has a higher rating of 4.5/5 compared to FxPro (4.1/5). The minimum deposit is lower at Pepperstone with 0 €. Pepperstone is BaFin-regulated, while FxPro is supervised by CySEC/FCA. FxPro has been in the market since 2006, making it the more experienced provider. On spreads, FxPro offers EUR/USD from 1.3 pip (MT4 Standard), 0.2 pip (cTrader) + $4.50 per lot, while Pepperstone offers EUR/USD from 0.0 pip (Razor) + $3.50 per lot.

NDD broker with fast execution and multiple platforms

ECN broker with Razor account and ultra-fast execution

At a glance

The key differences

Criterion
PlatformsMT4, MT5, cTrader, FxPro PlatformMT4, MT5, cTrader, TradingView
Product typesForex, CFDs, Stocks CFDs, Indices, Commodities, Crypto, FuturesForex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices
Options tradingNo, CFD and forex tradingNo, but over 1,200 CFD instruments
Fee modelSpreads from 0.6 pip (Standard), from 0.0 pip + commission (Raw+)Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip
Minimum deposit100 €0 €
RegulationCySEC/FCABaFin/FCA/ASIC
More informationDetailsDetails

Platforms

FxPro

MT4, MT5, cTrader, FxPro Platform

Pepperstone

MT4, MT5, cTrader, TradingView

Product types

FxPro

Forex, CFDs, Stocks CFDs, Indices, Commodities, Crypto, Futures

Pepperstone

Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices

Options trading

FxPro

No, CFD and forex trading

Pepperstone

No, but over 1,200 CFD instruments

Fee model

FxPro

Spreads from 0.6 pip (Standard), from 0.0 pip + commission (Raw+)

Pepperstone

Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip

Minimum deposit

FxPro

100 €

Pepperstone

0 €

Regulation

FxPro

CySEC/FCA

Pepperstone

BaFin/FCA/ASIC

More information

FxPro

Details

Pepperstone

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Spreads from 0.6 pip (Standard), from 0.0 pip + commission (Raw+)

Published fee
Spreads from 0.6 pip (Standard), from 0.0 pip + commission (Raw+)
Minimum deposit
100 €
Inactivity
$5/month after 6 months of inactivity
See terms at provider

Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip

Published fee
Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip
Minimum deposit
0 €
Spread figure
EUR/USD from 0.0 pip (Razor) + $3.50 per lot
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexCFDsStocks CFDsIndicesCommoditiesCryptoFutures
ForexCFDsIndicesCommoditiesStocks CFDsCryptoCurrency Indices

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

MT4 · MT5 · cTrader · FxPro Platform

FxPro offers four trading platforms: MT4 for classic forex trading with Expert Advisors, MT5 with extended timeframes and market depth, cTrader for advanced charting with Level II prices and algorithmic trading via cAlgo, and the proprietary FxPro Platform with a modern, user-friendly interface. All platforms support NDD execution and are available as desktop, web, and mobile versions. Over 2,100 instruments are available across all platforms.

Explore platform

MT4 · MT5 · cTrader · TradingView

Pepperstone offers four trading platforms: MT4 and MT5 for classic forex trading with Expert Advisors and automated strategies. cTrader impresses with a modern interface, advanced charting, Level II price data, and algorithmic trading via cAlgo. TradingView enables social trading with one of the world's largest trader communities. All platforms support the Razor account with raw spreads and offer mobile versions for trading on the go.

Explore platform

Regulation & security

BaFin/FCA/ASIC

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

NDD broker with fast execution and multiple platforms

  • NDD execution without dealing desk
  • Four platforms available
  • Fast execution speed
  • Inactivity fee after 6 months
  • No BaFin regulation

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

Find the broker that fits

FxPro oder Pepperstone?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

FxPro4.1
  • NDD execution without dealing desk
  • Four platforms available
  • Fast execution speed
Pepperstone4.5
  • Razor account with raw spreads from 0.0 pip
  • Fast execution speed
  • MT4, MT5, cTrader and TradingView
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between FxPro and Pepperstone?
FxPro: Spreads from 0.6 pip (Standard), from 0.0 pip + commission (Raw+). Pepperstone: Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: FxPro or Pepperstone?
FxPro offers Forex, CFDs, Stocks CFDs, Indices, Commodities, Crypto, Futures. Pepperstone offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto, Currency Indices.
How are FxPro and Pepperstone regulated?
The broker profiles list CySEC/FCA for FxPro and BaFin/FCA/ASIC for Pepperstone. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is FxPro or Pepperstone better for beginners?
FxPro lists a 100 € minimum deposit and offers MT4, MT5, cTrader, FxPro Platform. Pepperstone lists 0 € and offers MT4, MT5, cTrader, TradingView. Compare usability, available products and costs for your intended use.
FxPro vs Pepperstone: Which broker is better overall?
The choice between FxPro (4.1/5, 1100 reviews) and Pepperstone (4.5/5, 1800 reviews) depends on your needs. FxPro: NDD broker with fast execution and multiple platforms. Pepperstone: ECN broker with Razor account and ultra-fast execution.
How do spreads compare between FxPro and Pepperstone?
FxPro offers typical spreads of EUR/USD from 1.3 pip (MT4 Standard), 0.2 pip (cTrader) + $4.50 per lot. Pepperstone offers EUR/USD from 0.0 pip (Razor) + $3.50 per lot. Tighter spreads reduce trading costs especially for active trading.
Do FxPro or Pepperstone charge an inactivity fee?
FxPro: $5/month after 6 months of inactivity. Pepperstone: no inactivity fee.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.
Terms in the glossary:MarginPremiumCall optionUnderlyingExercise