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Pepperstone vs XTB
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.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | Pepperstone | XTB |
|---|---|---|
| BrokaBoy score | 9.2/10 | 8.1/10 |
| Trustpilot rating | Trustpilot 4.2 (3,580 reviews) | Trustpilot 3.6 (2,819 reviews) |
| Listed minimum deposit | $10 | $0 |
| Advertised spread from | 0.0 pips | 0.5 pips |
| Advertised maximum leverage | 1:400 | 1:500 |
| Regulators | FCA, ASIC, CySEC, DFSA, SCB, BaFin, CMA | FCA, CySEC, KNF, IFSC, DFSA |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView | xStation 5, xStation Mobile |
| Instruments | Forex, CFDs, Indices, Commodities, Crypto | Forex, Stocks, ETFs, Crypto, CFDs |
| Account types | Standard, Razor | Standard, Islamic |
| Founded | 2010 | 2002 |
| Spread type | Razor account quotes raw spreads from 0.1 pips; Standard account is commission-free with a markup. | Variable spreads from 0.5 pips on Standard accounts. |
| Commission | Around $3.50 per lot per side on Razor; zero on Standard. | Commission-free on FX and indices CFDs; equity CFDs carry a percentage commission with a minimum. |
| Overnight / swap | Overnight financing charged or credited daily, with a triple debit mid-week. | Daily swap points on positions held past rollover. |
| Withdrawals | Free withdrawals to most cards and e-wallets; international wires may incur a bank fee. | Free withdrawals above a set threshold; smaller withdrawals attract a handling fee. Inactivity fee after 12 months idle. |
Key differences
- XTB has a lower listed minimum deposit ($0 vs $10).
- Pepperstone has the higher BrokaBoy score (9.2/10 vs 8.1/10).
- Both brokers hold licences with FCA, CySEC, DFSA.
- Only Pepperstone lists MetaTrader 4, MetaTrader 5, cTrader, TradingView among its platforms.
- Only XTB lists xStation 5, xStation Mobile among its platforms.
- Only Pepperstone lists Indices, Commodities among its instruments.
- Only XTB lists Stocks, ETFs among its instruments.
Which should you choose?
- Choose XTB if a lower listed opening deposit is your priority.
- Choose Pepperstone if you want the broader platform list shown in our catalogue (4 vs 2).
- Choose Pepperstone if access to Indices is essential, and confirm it is available under your entity.
- Choose XTB if access to Stocks 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, Pepperstone or XTB?+
XTB has the lower listed minimum deposit ($0 vs $10). Confirm current terms with each broker.
Are Pepperstone and XTB regulated by the same authorities?+
They share FCA, CySEC, DFSA. Pepperstone lists FCA, ASIC, CySEC, DFSA, SCB, BaFin, CMA; XTB lists FCA, CySEC, KNF, IFSC, DFSA in our catalogue.
Which has the higher BrokaBoy score?+
Pepperstone scores 9.2/10 against 8.1/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do Pepperstone and XTB support the same platforms?+
No platform is listed by both brokers in our catalogue.
