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IG vs Pepperstone
A field-by-field comparison based on the current BrokaBoy catalogue. Check current pricing and the regulated entity on each broker's website before deciding.
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | IG | Pepperstone |
|---|---|---|
| BrokaBoy score | 9.0/10 | 9.2/10 |
| Trustpilot rating | Trustpilot 3.7 (9,975 reviews) | Trustpilot 4.2 (3,580 reviews) |
| Listed minimum deposit | $0 | $10 |
| Advertised spread from | 0.6 pips | 0.0 pips |
| Advertised maximum leverage | Up to 1:30 (retail, UK/EU) | 1:400 |
| Regulators | ASIC, FCA, NFA, BaFin, MAS, DFSA, FSCA, FINMA | FCA, ASIC, CySEC, DFSA, SCB, BaFin, CMA |
| Platforms | IG Web Platform, ProRealTime, MetaTrader 4, L2 Dealer, TradingView, IG App | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Instruments | Forex, Indices, Stocks, Commodities, Bonds, Options, ETFs, Crypto | Forex, CFDs, Indices, Commodities, Crypto |
| Account types | CFD, Spread Betting, Share Dealing, Professional | Standard, Razor |
| Founded | 1974 | 2010 |
| Spread type | Variable with a built-in markup on most CFD markets | Razor account quotes raw spreads from 0.1 pips; Standard account is commission-free with a markup. |
| Commission | Commission on share CFDs and share dealing; FX and indices priced through the spread | Around $3.50 per lot per side on Razor; zero on Standard. |
| Overnight / swap | Overnight funding charged on leveraged positions held past rollover | Overnight financing charged or credited daily, with a triple debit mid-week. |
| Withdrawals | No standard withdrawal fee; an inactivity fee applies after two years of no activity | Free withdrawals to most cards and e-wallets; international wires may incur a bank fee. |
Key differences
- IG has a lower listed minimum deposit ($0 vs $10).
- Pepperstone has the higher BrokaBoy score (9.2/10 vs 9.0/10).
- Both brokers hold licences with ASIC, FCA, BaFin, DFSA.
- Only IG lists IG Web Platform, ProRealTime, L2 Dealer, IG App among its platforms.
- Only Pepperstone lists MetaTrader 5, cTrader among its platforms.
- Only IG lists Stocks, Bonds, Options, ETFs among its instruments.
- Only Pepperstone lists CFDs among its instruments.
Which should you choose?
- Choose IG if a lower listed opening deposit is your priority.
- Choose IG if you want the broader platform list shown in our catalogue (6 vs 4).
- Choose IG if access to Stocks is essential, and confirm it is available under your entity.
- Choose Pepperstone if access to CFDs is essential, and confirm it is available under your entity.
- Choose the broker whose regulated entity covers your country and provides the protections you need; confirm this on the regulator's register.
Frequently asked questions
Which has the lower minimum deposit, IG or Pepperstone?+
IG has the lower listed minimum deposit ($0 vs $10). Confirm current terms with each broker.
Are IG and Pepperstone regulated by the same authorities?+
They share ASIC, FCA, BaFin, DFSA. IG lists ASIC, FCA, NFA, BaFin, MAS, DFSA, FSCA, FINMA; Pepperstone lists FCA, ASIC, CySEC, DFSA, SCB, BaFin, CMA in our catalogue.
Which has the higher BrokaBoy score?+
Pepperstone scores 9.2/10 against 9.0/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do IG and Pepperstone support the same platforms?+
Both list MetaTrader 4, TradingView. IG lists more platforms overall.
