Baraka vs Pepperstone 2026: which is better?
We compared Baraka and Pepperstone on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Pepperstone holds 4 licences from strong regulators, against 1 for Baraka.
- Pepperstone offers copy trading; Baraka does not.
- Pepperstone offers MetaTrader 4, MetaTrader 5, which Baraka does not.
Comparison table
| Comparison table | Baraka Broker |
Pepperstone
Broker
|
|---|---|---|
| Licences | DFSA | FCA, ASIC, DFSA, BaFin, CySEC, CMA, CMA (KE), SCB Best |
| Minimum deposit | — | $0 |
| Maximum leverage | — | 1:400 |
| Trading platforms | baraka app | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App |
| Markets | Stocks, Commodities and Gold, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | ✓ Yes |
| Demo account | — | ✓ Yes |
| Copy trading | — | ✓ Yes |
| Founded | — | 2010 |
| Headquarters | Dubai, United Arab Emirates | Melbourne, Australia |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Pepperstone if you
- want more licences from strong regulators
- want to copy other traders
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Baraka or Pepperstone?
We compared Baraka and Pepperstone on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Pepperstone holds 4 licences from strong regulators, against 1 for Baraka. Pepperstone offers copy trading; Baraka does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Baraka and Pepperstone regulated?
Baraka licences: DFSA. Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin.
What is the minimum deposit at Baraka and Pepperstone?
Baraka: not available. Pepperstone: $0.
Do Baraka and Pepperstone offer an Islamic account?
Baraka: Yes. Pepperstone: Yes.