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71.4% of retail CFD accounts lose money
Our top picks for Pepperstone alternatives
IC Markets
4.4
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74-89% of retail CFD accounts lose money
Fusion Markets
4.3
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74-89% of retail CFD accounts lose money
Pepperstone Alternatives

The best alternatives to Pepperstone are

  1. IC Markets - Australian forex broker
  2. Fusion Markets - Australian forex broker
  3. Oanda - US forex broker
  4. FXCM - UK-based forex broker

Let's see in a bit more detail how the Pepperstone alternatives compare to Pepperstone and each other:

Pepperstone alternatives comparison
Pepperstone IC Markets Fusion Markets Oanda FXCM
Overall score 4.4 4.4 4.3 4.6 4.2
Fees score 4.0 4.0 5.0 4.0 4.0
Account opening score 5.0 5.0 5.0 4.0 4.0
Deposit and withdrawal score 5.0 5.0 4.0 4.0 4.0
Web platform score 3.0 3.0 3.0 5.0 3.0
Markets and products score 2.0 2.0 2.0 2.0 1.0
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71.4% of retail CFD accounts lose money
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74-89% of retail CFD accounts lose money
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74-89% of retail CFD accounts lose money
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73.5% of retail CFD accounts lose money
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70.96% of retail CFD accounts lose money

Why are these brokers considered good alternatives to Pepperstone? There are many areas based on which Pepperstone can be compared with others. When we say a given online broker is a good alternative to Pepperstone we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Pepperstone alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Pepperstone is recommended for forex traders looking for low fees and good customer service
  • IC Markets is recommended for forex traders who value easy account opening and free deposit/withdrawal options
  • Fusion Markets is recommended for forex traders looking for low fees and a chance to use the metatrader 4 platform
  • Oanda is recommended for forex traders who value a user-friendly platform and great research tools
  • FXCM is recommended for forex traders looking for easy account opening, funding, and withdrawal

Important factors of finding Pepperstone alternatives

So far Brokerchooser has reviewed 57 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Pepperstone or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Pepperstone is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Pepperstone alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Pepperstone this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at Pepperstone, this might not be the case at its alternatives.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Pepperstone alternative is a must.


Now let's dive into the details of how Pepperstone and its alternatives perform in the most important areas!

Pepperstone alternatives
Pepperstone

Pepperstone is an Australian forex broker that also offers some CFDs. It was established in 2010 and opened a London office in 2015 to be able to better serve its European clients.

Pepperstone is considered safe since it's regulated by two top-tier financial authorities, the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders looking for low fees and good customer service

Pros Cons
Low forex and equity index CFD fees Only forex, CFDs, and crypto
Great customer service Basic news flow, no fundamental data
Seamless and free deposit and withdrawal No investor protection for non-EU clients

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71.4% of retail CFD accounts lose money

Fees
4.0

Pepperstone has low forex and equity index fees. Non-trading fees are low as well, as no inactivity or account fee is charged. On the negative side, CFD financing rates, i.e. fees for holding CFD positions overnight, are high.
Pros Cons
Low trading fees High financing rate for CFDs
Low non-trading fees
Low forex fees
Pepperstone alternatives trading fees
Pepperstone IC Markets Fusion Markets Oanda FXCM
EURUSD benchmark fee $14.9 $15.8 $12.8 $15.9 $16.7
EURGBP benchmark fee $10.6 $9.9 $7.0 $10.7 $12.2

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

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71.4% of retail CFD accounts lose money

Account opening
5.0

Pepperstone's account opening is great. It is fully digital, user-friendly, and requires no minimum deposit for the Standard account.
Pros Cons
Fast None
Fully digital
No minimum deposit
Pepperstone alternatives minimum deposit and account open times
Pepperstone IC Markets Fusion Markets Oanda FXCM
Minimum deposit $0 $200 $0 $0 $50
Time to open account 1 day 1 day 1 day 1-3 days 1-3 days

Learn more about Pepperstone minimum deposit here.

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71.4% of retail CFD accounts lose money

Deposit and withdrawal
5.0

Pepperstone provides plenty of options for deposit and withdrawal, as well as a wide selection of account base currencies. However, there is a high, $20 fee for bank withdrawals for clients outside the EU and Australia.
Pros Cons
Credit/Debit card available High bank withdrawal fee for clients outside the EU/Australia
No deposit fee
Several account base currencies
Pepperstone and alternatives withdrawal options and fees
Pepperstone IC Markets Fusion Markets Oanda FXCM
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card Yes Yes Yes Yes Yes
Electronic wallets Yes Yes No Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

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71.4% of retail CFD accounts lose money

Web trading platform
3.0

Pepperstone's web trading platform is provided by MetaTrader. It is highly customizable, available in many languages, and has a clear fee report. On the other hand, it lacks two-step login and price alerts, and its design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation
Pepperstone - Web trading platform
Pepperstone and alternatives trading platform scores
Pepperstone IC Markets Fusion Markets Oanda FXCM
Web platform score 3.0 3.0 3.0 5.0 3.0
Mobile platform score 4.0 4.0 4.0 5.0 1.0
Desktop platform score 3.0 3.0 3.0 4.0 3.0

Learn more about Pepperstone's web trading platform in the detailed Pepperstone review.

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71.4% of retail CFD accounts lose money

Markets and products
2.0

At Pepperstone you can only trade with forex, some CFDs, and cryptos.
Pepperstone and alternatives markets and products
Pepperstone IC Markets Fusion Markets Oanda FXCM
Stock No No No No No
ETF No No No No No
Forex Yes Yes Yes Yes Yes
Fund No No No No No
Bond No No No No No
Options No No No No No
Futures No No No No No
CFD Yes Yes Yes Yes Yes
Crypto Yes Yes Yes No Yes

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71.4% of retail CFD accounts lose money

Verdict

Pepperstone is a great forex broker, regulated by the top-tier FCA and ASIC.

Forex and equity index fees are low. Customer service is great, giving you relevant answers within a short time. Deposit and withdrawal are a breeze, with no fees charged.

On the other hand, Pepperstone provides only forex, CFDs and cryptos to trade with. There are no fundamental research tools, and the quality of news feeds is poor. Lastly, there is no investor protection for non-EU clients.

Feel free to try Pepperstone since there is no inactivity fee or minimum deposit for standard accounts.

Pepperstone
Summary Pepperstone is a forex and CFD broker regulated by both the UK FCA and the ASIC in Australia.
Fees score 4.0
Recommended for Forex traders looking for low fees and good customer service

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71.4% of retail CFD accounts lose money

Pepperstone alternatives
IC Markets

IC Markets is an Australian forex broker that was founded in 2007. The company is considered safe because it is regulated by the top-tier Australian Securities and Investments Commission (ASIC).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders who value easy account opening and free deposit/withdrawal options

Pros Cons
Low forex fees No investor protection
Easy and fast account opening No negative balance protection
Free deposit and withdrawal Only forex, CFD and crypto trading

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74-89% of retail CFD accounts lose money

Fees
4.0

IC Markets has low trading and non-trading fees. There is no inactivity or withdrawal fee. On the negative side, financing rates for CFDs are high.
Pros Cons
Low trading fees High financing rate for CFDs
Low non-trading fees
Low forex fees
Pepperstone vs. IC Markets: Trading fees
IC Markets Pepperstone
EURUSD benchmark fee $15.8 $14.9
EURGBP benchmark fee $9.9 $10.6

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

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74-89% of retail CFD accounts lose money

Account opening
5.0

The account opening process at IC Markets is user-friendly and fully digital. It was also very quick, as our account was approved within a day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
Pepperstone vs. IC Markets: Minimum deposit, time to open an account
IC Markets Pepperstone
Minimum deposit $200 $0
Time to open account 1 day 1 day

If you are interested more in IC Markets minimum deposit, this overview will help you.

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74-89% of retail CFD accounts lose money

Deposit and withdrawal
5.0

IC Markets's depositing and withdrawal services are great. There are no fees for either and many options are available for moving your money in and out.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee
Pepperstone vs. IC Markets: Withdrawal options
IC Markets Pepperstone
Bank Transfer Yes Yes
Credit/Debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

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74-89% of retail CFD accounts lose money

Web trading platform
3.0

The web trading platform of IC Markets is provided by MetaTrader. It is highly customizable, available in a lot of languages, and has a clear fee report. On the other hand, it lacks a two-step login and price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Web trading platform of IC Markets, a Pepperstone alternative
Pepperstone vs. IC Markets: Trading platform scores
IC Markets Pepperstone
Web platform score 3.0 3.0
Mobile platform score 4.0 4.0
Desktop platform score 3.0 3.0

Learn more about IC Markets's web trading platform in the detailed IC Markets review.

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74-89% of retail CFD accounts lose money

Markets and products
2.0

At IC Markets, you can trade only with forex, some CFDs, and crypto products, no other assets are available.
Pepperstone vs. IC Markets: Markets and products
IC Markets Pepperstone
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes Yes

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74-89% of retail CFD accounts lose money

Verdict

IC Markets is a great forex and CFD broker. 

Its forex fees are low and account opening is fast and easy. Deposits and withdrawals are free and user-friendly. The education section of its website is also a plus.

On the other hand, IC Markets offers only forex, CFD and crypto trading. It also does not provide any investor or negative balance protection.

Feel free to try IC Markets, as you will have an account within a day and there is no inactivity fee.

IC Markets
Summary IC Markets is a global forex and CFD broker.
Fees score 4.0
Recommended for Forex traders who value easy account opening and free deposit/withdrawal options

Visit broker More
74-89% of retail CFD accounts lose money

Pepperstone alternatives
Fusion Markets

Fusion Markets is an Australian forex broker. It was founded in 2010 and is regulated by the Australian Securities and Investments Commission (ASIC).

Fusion Markets is considered safe because it is regulated by a top-tier regulator.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders looking for low fees and a chance to use the metatrader 4 platform

Pros Cons
Low trading and non-trading fees Basic research tools
Fast and easy account opening Limited educational tools
Great customer service Limited product portfolio

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74-89% of retail CFD accounts lose money

Fees
5.0

Fusion Markets has low forex fees and charges neither an inactivity fee nor a withdrawal fee.
Pros Cons
Low non-trading fees None
Low forex fees
No withdrawal fee
No inactivity fee
Pepperstone vs. Fusion Markets: Trading fees
Fusion Markets Pepperstone
EURUSD benchmark fee $12.8 $14.9
EURGBP benchmark fee $7.0 $10.6

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

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74-89% of retail CFD accounts lose money

Account opening
5.0

Account opening at Fusion Markets is user-friendly and fully digital. It is also very fast, as it took only one day to get our account approved.
Pros Cons
Fast None
Fully digital
No minimum deposit
Pepperstone vs. Fusion Markets: Minimum deposit, time to open an account
Fusion Markets Pepperstone
Minimum deposit $0 $0
Time to open account 1 day 1 day

If you are interested more in Fusion Markets minimum deposit, this overview will help you.

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74-89% of retail CFD accounts lose money

Deposit and withdrawal
4.0

Fusion Markets doesn't charge fees for deposits and most withdrawal options. You can use a bank transfer or credit/debit cards for transferring money but the withdrawal is slow.
Pros Cons
Credit/Debit card available Slow withdrawal - over 3 days
Free withdrawal
No deposit fee
Pepperstone vs. Fusion Markets: Withdrawal options
Fusion Markets Pepperstone
Bank Transfer Yes Yes
Credit/Debit card Yes Yes
Electronic wallets No Yes
Withdrawal fee $0 $0

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74-89% of retail CFD accounts lose money

Web trading platform
3.0

The web trading platform of Fusion Markets is provided by MetaTrader. It is highly customizable and has a clear fee report. On the other hand, it lacks a two-step login and price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Web trading platform of Fusion Markets, a Pepperstone alternative
Pepperstone vs. Fusion Markets: Trading platform scores
Fusion Markets Pepperstone
Web platform score 3.0 3.0
Mobile platform score 4.0 4.0
Desktop platform score 3.0 3.0

Learn more about Fusion Markets's web trading platform in the detailed Fusion Markets review.

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74-89% of retail CFD accounts lose money

Markets and products
2.0

Fusion Markets gives access to a lot of currency pairs and some CFDs. On the other hand, it lacks a lot of popular asset classes, such as real stocks, ETFs, funds, etc.
Pepperstone vs. Fusion Markets: Markets and products
Fusion Markets Pepperstone
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes Yes

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74-89% of retail CFD accounts lose money

Verdict

Fusion Markets is a great forex broker. 

It offers low trading and non-trading fees. Account opening is fast and easy. Customer service gives quick and relevant answers.

On the negative side, Fusion Markets has limited research and educational tools. The product offering covers only forex and some CFDs.

As you will have an account within a day and there are low fees, feel free to try Fusion Markets.

Fusion Markets
Summary Fusion Markets is an Australia-based forex broker, regulated by the ASIC.
Fees score 5.0
Recommended for Forex traders looking for low fees and a chance to use the MetaTrader 4 platform

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74-89% of retail CFD accounts lose money

Pepperstone alternatives
Oanda

Oanda is an American forex broker founded in 1996.

It is considered safe because it has a long track record, discloses its financials, and is regulated by top-tier authorities, such as the US Retail Foreign Exchange Dealer (RFED) and the UK's Financial Conduct Authority (FCA).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders who value a user-friendly platform and great research tools

Pros Cons
Generally low fees Only FX and some CFDs
Easy-to-use web trading platform Poor customer service
Easy and digital account opening High bank withdrawal fee

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73.5% of retail CFD accounts lose money

Fees
4.0

Oanda charges low CFD and low forex fees. Non-trading fees are low, though the withdrawal fee is quite high for bank transfers.
Pros Cons
Low trading fees High withdrawal fee for bank transfers
Low forex fees
No withdrawal fee
No withdrawal fee in most cases
Pepperstone vs. Oanda: Trading fees
Oanda Pepperstone
EURUSD benchmark fee $15.9 $14.9
EURGBP benchmark fee $10.7 $10.6

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

Visit broker More
73.5% of retail CFD accounts lose money

Account opening
4.0

Oanda's account opening is straightforward, with no required minimum balance.
Pros Cons
Fully digital Issues with ID verification can slow account opening
No minimum deposit
Low minimum deposit
Pepperstone vs. Oanda: Minimum deposit, time to open an account
Oanda Pepperstone
Minimum deposit $0 $0
Time to open account 1-3 days 1 day

If you are interested more in Oanda minimum deposit, this overview will help you.

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73.5% of retail CFD accounts lose money

Deposit and withdrawal
4.0

There is no deposit fee and you can conveniently use your debit card for deposit. While withdrawal is free in most cases, it is expensive for bank transfers, and it involves a fee if you withdraw to your card more than once a month.
Pros Cons
Credit/Debit card available High withdrawal fee for bank transfers
No deposit fee
Withdrawal is free for PayPal and for the first debit card transaction each month
Pepperstone vs. Oanda: Withdrawal options
Oanda Pepperstone
Bank Transfer Yes Yes
Credit/Debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

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73.5% of retail CFD accounts lose money

Web trading platform
5.0

Oanda's web trading platform is user-friendly and safe with good customizability. On the downside, you can't set price alerts.
Pros Cons
User-friendly No price alerts
Clear fee report
Two-step (safer) login
Web trading platform of Oanda, a Pepperstone alternative
Pepperstone vs. Oanda: Trading platform scores
Oanda Pepperstone
Web platform score 5.0 3.0
Mobile platform score 5.0 4.0
Desktop platform score 4.0 3.0

Learn more about Oanda's web trading platform in the detailed Oanda review.

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73.5% of retail CFD accounts lose money

Markets and products
2.0

At Oanda you can trade only forex and CFDs. It offers fewer forex pairs but more CFDs than its closest competitors.
Pepperstone vs. Oanda: Markets and products
Oanda Pepperstone
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto No Yes

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73.5% of retail CFD accounts lose money

Verdict

Oanda is a good forex broker: its fees are great, and it has a good web trading platform where you will quickly feel comfortable. It provides a user-friendly and fully digital account opening process, as well as powerful research tools, especially API.

On the other hand, Oanda has a limited product portfolio, as only forex and CFDs are available. Customer support is slow, and bank withdrawal fees can be high.

Feel free to try Oanda: it is regulated by top-tier regulators, there is no minimum deposit, and the inactivity fee only kicks in after two years.

Oanda
Summary Oanda is a US forex broker. It is regulated by top-tier authorities like the UK FCA and Australia's ASIC.
Fees score 4.0
Recommended for Forex traders who value a user-friendly platform and great research tools

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73.5% of retail CFD accounts lose money

Pepperstone alternatives
FXCM

FXCM, or Forex Capital Market, is a UK-based broker offering forex and CFDs. FXCM was established in 1999 and its main shareholder is the Jefferies Financial Group. The parent company is listed on the New York Stock Exchange and it has an investment banking background.

FXCM is considered safe as it has a long track-record and it is regulated by top-tier financial authorities like the UK FCA and the Australian ASIC.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.96% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders looking for easy account opening, funding, and withdrawal

Pros Cons
Fast and straightforward account opening Limited product portfolio
Good technical research tools Poor mobile platform
High quality educational content Poor website trading platform

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70.96% of retail CFD accounts lose money

Fees
4.0

FXCM has low trading fees and average non-trading fees. There are no account, deposit, or withdrawal fees. However, you have to pay a $50 fee after one year of inactivity.
Pros Cons
Low trading fees High AUDUSD trading fee
No withdrawal fee
Pepperstone vs. FXCM: Trading fees
FXCM Pepperstone
EURUSD benchmark fee $16.7 $14.9
EURGBP benchmark fee $12.2 $10.6

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

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70.96% of retail CFD accounts lose money

Account opening
4.0

The account opening process at FXCM is hassle-free, and there is no minimum balance requirement. The minimum deposit is $50. On the other hand, the account opening time is slower than usual.
Pros Cons
Fully digital Account opening time slower than at most forex brokers
Low minimum deposit
User-friendly
Pepperstone vs. FXCM: Minimum deposit, time to open an account
FXCM Pepperstone
Minimum deposit $50 $0
Time to open account 1-3 days 1 day

If you are interested more in FXCM minimum deposit, this overview will help you.

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70.96% of retail CFD accounts lose money

Deposit and withdrawal
4.0

There are several options both for deposit and withdrawal but the withdrawal time is slow.
Pros Cons
Credit/Debit card available Slow withdrawal - over 3 days
Free withdrawal
No deposit fee
Pepperstone vs. FXCM: Withdrawal options
FXCM Pepperstone
Bank Transfer Yes Yes
Credit/Debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

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70.96% of retail CFD accounts lose money

Web trading platform
3.0

FXCM's trading platform is extremely customizable and you can use lots of order types. On the other hand, it's not user-friendly and it has a poor search function.
Pros Cons
Clear fee report Not user-friendly
Good customizability (for charts, workspace) No two-step (safer) login
Good variety of order types Poor search function
Web trading platform of FXCM, a Pepperstone alternative
Pepperstone vs. FXCM: Trading platform scores
FXCM Pepperstone
Web platform score 3.0 3.0
Mobile platform score 1.0 4.0
Desktop platform score 3.0 3.0

Learn more about FXCM's web trading platform in the detailed FXCM review.

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70.96% of retail CFD accounts lose money

Markets and products
1.0

At FXCM you only have access to forex and CFDs. Cryptos are provided through CFDs.
Pepperstone vs. FXCM: Markets and products
FXCM Pepperstone
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes Yes

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70.96% of retail CFD accounts lose money

Verdict

FXCM has low trading fees, its technical research tools are of high quality and well organized, and the account opening is fast and straightforward.

However, FXCM only offers forex, CFDs and crypto CFDs. Their mobile and desktop trading platforms need an update, as they are not user-friendly.

Feel free to try FXCM. There is no minimum deposit, and the inactivity fee only kicks in after a year.

FXCM
Summary FXCM is a UK-based broker offering forex and CFD trading. It is regulated by the FCA and Australia's ASIC.
Fees score 4.0
Recommended for Forex traders looking for easy account opening, funding, and withdrawal

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70.96% of retail CFD accounts lose money

Pepperstone alternatives
Bottom line

Based on our analysis, there are several good alternatives to Pepperstone. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Pepperstone alternatives
Broker Info Recommended for
Pepperstone Australian forex broker Forex traders looking for low fees and good customer service
IC Markets Australian forex broker Forex traders who value easy account opening and free deposit/withdrawal options
Fusion Markets Australian forex broker Forex traders looking for low fees and a chance to use the MetaTrader 4 platform
Oanda US forex broker Forex traders who value a user-friendly platform and great research tools
FXCM UK-based forex broker Forex traders looking for easy account opening, funding, and withdrawal

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Dan Sallai

Dan Sallai

CMO

Author of this article

My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.

Everything you find on Brokerchooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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