MIFX vs Pepperstone 2026: which is better?
We compared MIFX 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 0 for MIFX.
- Pepperstone offers a swap-free Islamic account; MIFX does not.
- Pepperstone offers copy trading; MIFX does not.
- Pepperstone offers cTrader, TradingView, which MIFX does not.
Comparison table
| Comparison table |
MIFX
Broker
|
Pepperstone
Broker
|
|---|---|---|
| Licences | BAPPEBTI | FCA, ASIC, DFSA, BaFin, CySEC, CMA, CMA (KE), SCB Best |
| Minimum deposit | — | $0 |
| Maximum leverage | 1:500 | 1:400 |
| Trading platforms | MetaTrader 4, MetaTrader 5, MIFX app | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App |
| Markets | Forex, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Islamic account | — | ✓ Yes |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | — | ✓ Yes |
| Founded | 2000 | 2010 |
| Headquarters | Jakarta, Indonesia | 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
- need a swap-free Islamic account
- want to copy other traders
- use cTrader, TradingView
Frequently asked questions
Which is better, MIFX or Pepperstone?
We compared MIFX 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 MIFX. Pepperstone offers a swap-free Islamic account; MIFX does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are MIFX and Pepperstone regulated?
MIFX licences: BAPPEBTI. Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin.
What is the minimum deposit at MIFX and Pepperstone?
MIFX: not available. Pepperstone: $0.
Do MIFX and Pepperstone offer an Islamic account?
MIFX: No. Pepperstone: Yes.