The FXTM vs Pepperstone: Which Is Better?
A side-by-side look at regulation, trading conditions, and fees for FXTM and Pepperstone, pulled from the same data as their individual reviews.
Key Differences
- • Pepperstone holds the higher overall rating: 8.6/10 vs 5.4/10 for FXTM.
- • Pepperstone has the lower minimum deposit: $0 vs $10 at FXTM.
- • Pepperstone is regulated by more authorities: ASIC, FCA, BaFin, CySEC, DFSA, SCB vs FCA, CySEC, FSCA, FSC for FXTM.
- • Risk tier: FXTM is Tier C, Pepperstone is Tier A.
Overview
Rating
5.4/10
8.6/10
Trustpilot
2.7/5 · 1,000+ reviews
4.3/5 · 3,500+ reviews
WikiFX Score
Good / Active
High / Validated
Best For
Localized support & low entry barriers
cTrader & TradingView integration
Regulators
FCA, CySEC, FSCA, FSC
ASIC, FCA, BaFin, CySEC, DFSA, SCB
Terms & Fees
Min Deposit
$10
$0
Max Leverage
1:2000
1:500
Spreads From
0.0 Pips
0.0 Pips
Execution Model
STP / ECN (scaling depending on account tier selected)
ECN/STP execution with deep Tier-1 liquidity aggregation
Commission
Advantage Account: variable commission averaging $4 to $7 round trip per lot
Razor Account: $3.50 per lot per side ($7.00 round trip)
Swap / Islamic
Islamic accounts are actively supported and marketed
Standard interbank swap rates applied; swap-free accounts available via customer support request
Platforms
MT4, MT5, FXTM App
MT4, MT5, cTrader, TradingView
Crypto Deposits
Yes
No
Pros
What's good
- + Localized customer support
- + Extensive educational webinars
- + Deep Tier-1 liquidity aggregation
- + No inactivity fees
- + Unblemished corporate governance
Cons
Watch out for
- – Proprietary withdrawal percentage fees
- – Limited range of financial instruments
- – Steep learning curve for beginners
- – Occasional withdrawal channel delays