IC Markets vs Pepperstone
- Minimum deposit
- $200
- Maximum leverage
- 1:500
- Top-tier regulators
- ASIC, CySEC
- Minimum deposit
- —
- Maximum leverage
- —
- Top-tier regulators
- ASIC, BaFIN, CYSEC, FCA
IC Markets is better on10Commissions and feesCustomer supportAccount openingDeposit methodsWithdrawal methodsDeposit currenciesForex pairsStocksCryptocurrenciesSupport languagesPepperstone is better on7Regulation and safetyTrading platformsIndicesCommoditiesETFsVPS hostingTrading signalsIC Markets vs Pepperstone: our verdict
IC Markets4.6 / 5 · Pepperstone 4.4IC Markets leads overall by our scores: 4.6 versus 4.4. It scores higher for fees, account opening and support, while Pepperstone scores higher for safety and offers more platforms; their payments scores are tied.
- Commissions and fees4.54.2
- Deposits and withdrawals4.64.6
- Customer support4.74.4
- Account opening4.84.2
- Regulation and safety4.24.7
Choose IC Markets if
- you prioritize a low EUR/USD spread of 0.1 pips
- you want deposits and withdrawals with no fees: $0 and $0
- you value trading aids such as spread monitoring and a risk calculator
Choose Pepperstone if
- you want cTrader alongside MT4 and MT5
- you want oversight from ASIC, BaFIN, CYSEC, FCA
- you need a broker accepting clients from 209 countries
IC Markets or Pepperstone: which is better for you?
From the brokers’ account details in our reviews. "Not listed" means our data doesn’t show it, not that the broker refuses it.
IC Markets vs Pepperstone side by side
| Feature | IC MarketsStart trading | PepperstoneStart trading |
|---|---|---|
| Our scores | ||
| Overall | 4.6 / 5Best | 4.4 / 5 |
| Commissions and fees | 4.5 / 5Best | 4.2 / 5 |
| Deposits and withdrawals | 4.6 / 5 | 4.6 / 5 |
| Customer support | 4.7 / 5Best | 4.4 / 5 |
| Account opening | 4.8 / 5Best | 4.2 / 5 |
| Regulation and safety | 4.2 / 5 | 4.7 / 5Best |
| Costs | ||
| Minimum deposit | $200 | — |
| EUR/USD spread | 0.1 pips | — |
| S&P 500 CFD spread | 0.2 pips | — |
| Maximum leverage | 1:500 | — |
| Deposit fee | $0 | — |
| Withdrawal fee | $0 | — |
| Inactivity fee | $0 | — |
| Accounts and platforms | ||
| Account types | Unlimited Demo AccountsStandard AccountsECN accountsSegregated accounts | Demo accounts (with a time limit)Standard AccountsECN accountsSwap free accountsSegregated accounts |
| ECN / raw spread account | Yes | Yes |
| Swap-free (Islamic) account | Yes | Yes |
| Demo account | No time limit | Time-limited |
| Trading platforms | MetaTrader 4MetaTrader 5 | cTraderMetaTrader 4MetaTrader 5Best |
| Execution model | NDDECN | NDDECN |
| Deposits and withdrawals | ||
| Deposit methods |          Best |    |
| Withdrawal methods | Best | |
| Deposit currencies | USDEURJPYGBPAUDCHFCADNZDHKDSGDBest | USDEURGBPAUDCHFNZDHKDSGD |
| Markets | ||
| Forex pairs | 61Best | 6 |
| Stocks | 1,600Best | 6 |
| Indices | 23 | 26Best |
| Commodities | 8 | 39Best |
| Cryptocurrencies | 18Best | 9 |
| ETFs | 10 | 108Best |
| Tools and features | ||
| Expert advisors (EAs) | Yes | Yes |
| VPS hosting | No | YesBest |
| API access | Yes | Yes |
| Trading signals | No | YesBest |
| Safety | ||
| Top-tier regulators | ASIC, CySEC | ASIC, BaFIN, CYSEC, FCA |
| All licences | ASICCySEC | ASICFCABaFINCySEC |
| Investor protection | Yes | Yes |
| Headquarters | Australia | Australia |
| Customer support | ||
| Live chat | Yes | Yes |
| Support languages | 13 languagesBest | 9 languages |
"Best" marks the better value where our data lets us compare. Empty and "No" values are never counted as better.
IC Markets vs Pepperstone trading accounts
IC Markets
- Raw Spread - IC Markets
- Min. deposit
- $200
- Spreads from
- —
- Commission
- $3.5 ($7.0 per lot round turn)
- Max. leverage
- 1:500
- Standard - IC Markets
- Min. deposit
- $200
- Spreads from
- —
- Commission
- 0
- Max. leverage
- 1:500
Pepperstone
- Razor - Pepperstone
- Min. deposit
- £500/$500
- Spreads from
- —
- Commission
- Varies
- Max. leverage
- Not specified
- Standard - Pepperstone
- Min. deposit
- £500/$500
- Spreads from
- —
- Commission
- 0
- Max. leverage
- Not specified
What traders say about IC Markets and Pepperstone
IC Markets
- Spreads and fees51 / 11
- Platform and execution42 / 15
- Customer support38 / 8
- Withdrawals23 / 17
- Education and research31 / 7
- Trust and safety24 / 13
From 104 user reviews on TopBrokers in all languages, written 2020–2023.
Read the IC Markets user reviewsPepperstone
- Platform and execution16 / 8
- Spreads and fees11 / 7
- Customer support11 / 7
- Trust and safety11 / 7
- Withdrawals7 / 8
- Education and research8 / 3
From 38 user reviews on TopBrokers in all languages, written 2020–2025.
Read the Pepperstone user reviewspraise complaints · Numbers are how many reviews praise or criticise each topic. Topics are tagged by AI from the reviews’ text, in every language; the counts are exact.
Current offers from IC Markets and Pepperstone
IC Markets
- IC Markets Professional Clients Programends Dec 31, 2026
- IC Markets Virtual Private Server (VPS)ends Dec 31, 2026
Pepperstone
- Up to AUD $40,000 Referral Rewards by Pepperstoneends Dec 31, 2026
Offers, their terms and where they are available are set by the brokers; read the terms before you sign up.
IC Markets vs Pepperstone: frequently asked questions
Is IC Markets better than Pepperstone?
By our overall scores, yes: IC Markets scores 4.6, compared with Pepperstone at 4.4. Pepperstone scores higher for safety and offers more platforms.
What is IC Markets' EUR/USD spread compared with Pepperstone?
IC Markets lists an EUR/USD spread of 0.1 pips. A Pepperstone spread figure is not provided here, so a direct comparison is unavailable.
Is Pepperstone regulated?
Yes, Pepperstone is regulated by ASIC, BaFIN, CYSEC, FCA. IC Markets is regulated by ASIC, CySEC.
Which broker offers more platforms?
Pepperstone offers 3 platforms, compared with 2 at IC Markets.
Keep comparing
How we compare
Scores and figures come from our full reviews of both brokers and their account data, and update when those reviews do. Fees and conditions can differ by country and account; check the broker's site before you open an account.