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FBS vs Pepperstone 2026: which is better?

We compared FBS and Pepperstone on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.

Key differences

Comparison table

Comparison table FBS FBS Broker Pepperstone Pepperstone Broker
Licences CySEC, FSC FCA, ASIC, DFSA, BaFin, CySEC, CMA, CMA (KE), SCB Best
Minimum deposit $5 $0 Best
Maximum leverage 1:3000 1:400
Trading platforms MetaTrader 4, MetaTrader 5, Mobile App, FBS App MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App
Markets Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs)
Islamic account ✓ Yes ✓ Yes
Demo account ✓ Yes ✓ Yes
Copy trading ✗ No ✓ Yes
Founded 2009 2010
Headquarters Belize City, Belize 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 start with less money
  • want to copy other traders
  • use cTrader, TradingView
Full Pepperstone review

Frequently asked questions

Which is better, FBS or Pepperstone?

We compared FBS 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 0 for FBS. The minimum deposit at Pepperstone is $0, against $5 at FBS. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are FBS and Pepperstone regulated?

FBS licences: CySEC, FSC. Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin.

What is the minimum deposit at FBS and Pepperstone?

FBS: $5. Pepperstone: $0.

Do FBS and Pepperstone offer an Islamic account?

FBS: Yes. Pepperstone: Yes.