FXCM
Pepperstone
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex traders looking for easy account opening, funding and withdrawal
Recommended for Forex traders looking for great account opening and customer service
UK
Australia
Fees
Average trading and non-trading fees, low CFD fees
Low non-trading fees and average forex fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
4
9
Deposit type
Withdrawal type
Account opening
$50
$0
1-3 days
1 day
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: ID / passport Proof of residency: utility bill
Trading platform
Markets and products
Disclaimer: 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
£85,000 in the UK, €20,000 in the EU, no protection in other countries
£85,000 for UK clients, €20,000 for EU clients, no protection in other countries
1999
2010
UK, Australia, South Africa and Cyprus
UK, Germany, Cyprus, Australia, United Arab Emirates, Bahamas, Kenya
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
FXCM's service is on par with Pepperstone's and a comparison of their fees shows that FXCM's fees are similar to Pepperstone's.
Account opening takes somewhat more effort at FXCM compared to Pepperstone, deposit and withdrawal processes are about the same quality at FXCM, while customer service quality is similar to Pepperstone's.
Our experts rated the trading platform of FXCM as somewhat better than the platform of Pepperstone, found that clients have access to slightly less markets and products with FXCM, while Pepperstone provides somewhat better research and education.