Updated Apr 29 2024
Overview | |
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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. |
XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets. |
Best For | |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 3 Provided by |
Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2010 | 2009 |
💳 Minimum Deposit Range | |
$200 | $5 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY, NZD. | 11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
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. |
US, CA. |
📊 STP Account | |
Yes | No |
📊 DMA Account | |
No | No |
📊 ECN Account | |
Yes | No |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | CFDs |
Total Asset Offering | |
1,536 | 1,382 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
0 | 0 |
📙 Stock CFDs | |
1,300 | 1,286 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
60 | 57 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
31 | 15 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
25 | 14 |
📔 ETFs | |
0 | 0 |
📔 ETFs CFDs | |
100 | 0 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
20 | 0 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
0 | 0 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
0 | 0 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
0 | 10 | Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | Variable - Fractions allowed |
📉 Minimum ETFs Trade Size | |
1 ETF | Unavailable |
📈 Minimum Crypto Trade Size | |
Varies by Crypto (Eg: 0.01 BTC) | Unavailable |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $100 (0.001 Lots) |
📈 Minimum Commodities Trade Size | |
Varies by Commodity (Eg: 0.1 Troy ounces of Gold) | Varies by Commodity (Eg: 0.01 Troy ounce of Gold) |
📉 Minimum Bonds Trade Size | |
Unavailable | Unavailable |
📈 Minimum Futures Trade Size | |
Unavailable | Varies by Commodity (Eg: 0.01 Troy ounce of Gold) |
📉 Minimum Options Trade Size | |
Unavailable | Unavailable |
💪 Retail Leverage | |
400 | 30 |
💪 Professional Leverage | |
500 | 500 |
✍ Customisable Leverage | |
No | Yes |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | No |
📱 Android App | |
Yes | No |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | Yes |
📺 cTrader | |
Yes | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
No | No |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
Yes | Yes |
👫 Social Trading | |
Yes | No |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
None | Yes, $15 one time payment after 1 year of inactivity and then $5 monthly. |
💰 Deposit Fees | |
None | None |
💰 Withdrawal Fees | |
None | None |
💰 Commissions | |
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Yes on Zero accounts ($7 per lot round turn). |
Spreads |
📈 EUR/USD | |
Dynamic - From 0 to 0.77 Pips | Dynamic - From 1.7 Pips |
📉 SP500 | |
Dynamic - From 0.4 to 1.5 Pips | Dynamic - From 40 Pips |
📈 GOLD | |
Dynamic - Average 13.81 Pips | Dynamic - From 35 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - From $9.4 |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Unavailable |
📉 BTC | |
Dynamic - From $30 | Unavailable | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | No |
📡 Reuters Feed | |
No | No |
📡 Educational Content | |
Yes | Yes |
📡 Live Chat Support | |
Yes | No |
📡 Video Tutorials | |
Yes | No |
📡 Account Management | |
No | Yes |
📡 Webinars | |
Yes | Yes |