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FXT vs Pepperstone 2026: which is better?

We compared FXT 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 FXT FXT Broker Pepperstone Pepperstone Broker
Licences ASIC, VFSC FCA, ASIC, DFSA, BaFin, CySEC, CMA, CMA (KE), SCB Best
Minimum deposit $50 $0 Best
Maximum leverage 1:2000 1:400
Trading platforms MetaTrader 4, MetaTrader 5, Web Trader, Mobile App MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App
Markets Forex, Stocks, Crypto, Commodities & gold, Indices Forex, Stocks, Crypto, Commodities & gold, Indices, ETFs
Islamic account — ✓ Yes
Demo account ✓ Yes ✓ Yes
Copy trading ✓ Yes ✓ Yes
Founded 2014 2010
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
  • need a swap-free Islamic account
  • use cTrader, TradingView
Full Pepperstone review

Frequently asked questions

Which is better, FXT or Pepperstone?

We compared FXT 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 FXT. The minimum deposit at Pepperstone is $0, against $50 at FXT. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are FXT and Pepperstone regulated?

FXT licences: ASIC, VFSC. Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin.

What is the minimum deposit at FXT and Pepperstone?

FXT: $50. Pepperstone: $0.

Do FXT and Pepperstone offer an Islamic account?

FXT: No. Pepperstone: Yes.