FXCM vs Pepperstone 2026: which is better?
We compared FXCM 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 2 for FXCM.
- The minimum deposit at Pepperstone is $0, against $50 at FXCM.
- Pepperstone offers copy trading; FXCM does not.
- Pepperstone offers MetaTrader 5, cTrader, which FXCM does not.
Comparison table
| Comparison table |
FXCM
Broker
|
Pepperstone
Broker
|
|---|---|---|
| Licences | FCA, ASIC, CySEC, FSCA, ISA | FCA, ASIC, DFSA, BaFin, CySEC, CMA, CMA (KE), SCB Best |
| Minimum deposit | $50 | $0 Best |
| Maximum leverage | 1:1000 | 1:400 |
| Trading platforms | Trading Station, MetaTrader 4, TradingView, Web Trader, Mobile 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 | — | ✓ Yes |
| Founded | 1999 | 2010 |
| Headquarters | London, United Kingdom | 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 MetaTrader 5, cTrader
Frequently asked questions
Which is better, FXCM or Pepperstone?
We compared FXCM 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 2 for FXCM. The minimum deposit at Pepperstone is $0, against $50 at FXCM. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are FXCM and Pepperstone regulated?
FXCM licences: FCA, CySEC, ASIC, FSCA, ISA. Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin.
What is the minimum deposit at FXCM and Pepperstone?
FXCM: $50. Pepperstone: $0.
Do FXCM and Pepperstone offer an Islamic account?
FXCM: Yes. Pepperstone: Yes.