FXCM Vs. Pepperstone - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 77% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. **The below information is provided based on FXCM EU LTD. For other FXCM entities, please go to the corresponding FXCM website for more information. TheTradingBible.com is acting in a capacity of marketing affiliate for FXCM EU LTD.	Pepperstone is an Australian broker founded in 2010 with the aim of providing a professional trading experience with low fees and tight spreads. Currently Pepperstone counts with 7 financial licenses and operates in almost every country around the world.
Best For
Professional algorithmic traders looking to benefit from their comprehensive API offering.	Professional traders that day-trade or scalp Algorithmic traders using their own custom built robots Experienced traders
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 3 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) FSCA (South Africa)	BaFin (Germany) FCA (UK) ASIC (Australia) DFSA (United Arab Emirates) CySec (Cyprus) SCB (Bahamas) CMA (Kenya)
The Good
Comprehensive API offering with a variety of conditions and programming languages at no additional cost Proprietary platform (Trading Station)	Well regulated on several jurisdictions Low latency, fast execution under 30ms Competitive spreads and low commissions from 0.0 pips on their Razor account
The Bad
Lack of asset variety in their offering (over 463+ financial instruments) Costly spreads when compared to similar competitors	Avaliable asset offering is not that comprehensive No ability to purchase real stocks or cryptocurrencies, only CFDs
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
1999	2010
💳 Minimum Deposit Range
$50	$200
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Visa Mastercard Bank Transfer Paypal Neteller Skrill POLi Bpay Unionpay Mpesa
💵 Account Base Currencies
4 - EUR GBP, USD, CHF.	9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY, NZD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
RU, US, CA, JP, SK, BE and more.	AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, KM, TD, CD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VE, VG, EH, YE, ZW, RU.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
447	1,536
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
341	1,300
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
41	60
📗 Commodities
0	0
📗 Commodities CFDs
14	31
📕 Indices
0	0
📕 Indices CFDs
19	25
📔 ETFs
0	0
📔 ETFs CFDs
0	100
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
22	20
📒 Bonds
0	0
📒 Bonds CFDs
10	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	1 Share
📉 Minimum ETFs Trade Size
Unavailable	1 ETF
📈 Minimum Crypto Trade Size
1 Unit	Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	Varies by Commodity (Eg: 0.1 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	400
💪 Professional Leverage
400	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	Yes
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
50 units of the account's base currency yearly after 1 year of inactivity.	None
💰 Deposit Fees
Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency).	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	For Standard account : All fees included in the spread For Razor account: From $7 per Lot round turn
Spreads
📈 EUR/USD
Dynamic - From 1.2 Pips	Dynamic - From 0 to 0.77 Pips
📉 SP500
Dynamic - From 58 Pips	Dynamic - From 0.4 to 1.5 Pips
📈 GOLD
Dynamic - From 41 Pips	Dynamic - Average 13.81 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.04	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From $51	Dynamic - From $30
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	Yes