Compare FXCM vs Pepperstone


Online brokers compared for fees, trading platforms, safety and more. See how FXCM stacks up against Pepperstone!

FXCM vs Pepperstone
overall rating
4.2
4.5
overall pros
  • Fast and straightforward account opening
  • Good technical research tools
  • High quality educational content
  • Low forex and equity index CFD fees
  • Great customer service
  • Seamless and free deposit and withdrawal
overall cons
  • Limited product portfolio
  • Poor mobile platform
  • Poor website trading platform
  • Only forex and CFDs
  • Basic news flow,
  • No investor protection for non-EU clients
fees
3.8
  • Low trading fees
  • No withdrawal fee
  • High AUDUSD trading fee
4.4
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
account opening
4.4
  • Fully digital
  • Low minimum deposit
  • User-friendly
  • Account opening time slower than at most forex brokers
5.0
  • Fast
  • Fully digital
  • No minimum deposit
deposit and withdrawal
4.0
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Slow withdrawal - over 3 days
4.8
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • High bank withdrawal fee for clients outside the EU/Australia
web trading platform
2.5
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No two-step (safer) login
  • Poor search function
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
mobile trading platform
1.0
  • Good variety of order types
  • Order confirmation
  • Not user-friendly
  • No two-step (safer) login
  • Poor search function
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
  • No price alerts
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.4
  • Forex
  • CFD
  • Crypto
1.7
  • Forex
  • CFD
  • Crypto
research
4.5
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • No fundamental data available
2.8
  • Trading ideas
  • Daily market analysis
  • News flow is rather basic
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
4.5
  • Demo account
  • Trading platform tutorial
  • Webinars
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Forex traders looking for easy account opening, funding, and withdrawal Forex traders looking for low fees and good customer service
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