United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CyprusIG vs Pepperstone
What each one charges, who licenses it, and how they rank against each other country by country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
We rank both for forex in 9 countries, and IG comes out ahead in every one of them.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
On the one fee we could check for both, IG is cheaper.
Both hold top-tier (tier-1) licences: IG from FCA, BaFin and ASIC, Pepperstone from ASIC and FCA.
- IG is cheaper for EUR/USD: 0.6 pips all-in, compared with 0.7 pips all-in at Pepperstone.Edge: IG
- We list IG in 9 of the 14 countries we cover and Pepperstone in 11. They overlap in 9.Edge: Pepperstone
- Only IG offers stocks & ETFs.
- Only Pepperstone supports MetaTrader 5 and cTrader.
- IG gets more search attention than Pepperstone (Market Signal 71 vs 45). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Forex brokers
| Country | IG | Pepperstone |
|---|---|---|
| Australia | #1 of 1677/100Locally licensed IG Australia Pty Ltd · ASIC | #11 of 1660/100Locally licensed Pepperstone Group Limited · ASIC |
| Austria | #1 of 2877/100EU passport IG Europe GmbH · BaFin | #10 of 2860/100EU passport Pepperstone EU Limited · CySEC |
| Germany | #1 of 2977/100Locally licensed IG Europe GmbH · BaFin | #11 of 2960/100EU passport Pepperstone EU Limited · CySEC |
| Italy | #1 of 3177/100EU passport IG Europe GmbH · BaFin | #11 of 3160/100EU passport Pepperstone EU Limited · CySEC |
| Netherlands | #1 of 2877/100EU passport IG Europe GmbH · BaFin | #10 of 2860/100EU passport Pepperstone EU Limited · CySEC |
| Portugal | #1 of 2977/100EU passport IG Europe GmbH · BaFin | #10 of 2960/100EU passport Pepperstone EU Limited · CySEC |
| Spain | #1 of 2977/100EU passport IG Europe GmbH · BaFin | #11 of 2960/100EU passport Pepperstone EU Limited · CySEC |
| United Arab Emirates | #1 of 1175/100Locally licensed IG (DIFC branch) · DFSA | #8 of 1158/100Locally licensed Pepperstone Financial Services (DIFC) Ltd · DFSA |
| United Kingdom | #2 of 1777/100Locally licensed IG Markets Ltd · FCA | #12 of 1761/100Locally licensed Pepperstone Limited · FCA |
| Croatia | Not listed | #8 of 2660/100EU passport Pepperstone EU Limited · CySEC |
| Cyprus | Not listed | #9 of 2860/100Locally licensed Pepperstone EU Limited · CySEC |
CFD brokers
| Country | IG | Pepperstone |
|---|---|---|
| Australia | #1 of 1877/100Locally licensed IG Australia Pty Ltd · ASIC | #13 of 1860/100Locally licensed Pepperstone Group Limited · ASIC |
| Austria | #1 of 3077/100EU passport IG Europe GmbH · BaFin | #12 of 3060/100EU passport Pepperstone EU Limited · CySEC |
| Germany | #1 of 3177/100Locally licensed IG Europe GmbH · BaFin | #13 of 3160/100EU passport Pepperstone EU Limited · CySEC |
| Italy | #1 of 3377/100EU passport IG Europe GmbH · BaFin | #13 of 3360/100EU passport Pepperstone EU Limited · CySEC |
| Netherlands | #1 of 3077/100EU passport IG Europe GmbH · BaFin | #12 of 3060/100EU passport Pepperstone EU Limited · CySEC |
| Portugal | #1 of 3177/100EU passport IG Europe GmbH · BaFin | #12 of 3160/100EU passport Pepperstone EU Limited · CySEC |
| Spain | #1 of 3177/100EU passport IG Europe GmbH · BaFin | #13 of 3160/100EU passport Pepperstone EU Limited · CySEC |
| United Arab Emirates | #1 of 1275/100Locally licensed IG (DIFC branch) · DFSA | #9 of 1258/100Locally licensed Pepperstone Financial Services (DIFC) Ltd · DFSA |
| United Kingdom | #2 of 1877/100Locally licensed IG Markets Ltd · FCA | #13 of 1861/100Locally licensed Pepperstone Limited · FCA |
| Croatia | Not listed | #10 of 2860/100EU passport Pepperstone EU Limited · CySEC |
| Cyprus | Not listed | #11 of 3060/100Locally licensed Pepperstone EU Limited · CySEC |
Fees and features side by side
| IG | Pepperstone | |
|---|---|---|
| Products | Forex, CFDs, Stocks & ETFs, Options | Forex, CFDs |
| Owner | IG Group Holdings Plc | Pepperstone Group |
| EUR/USD all-in cost | 0.6 pips, CFD / spread bet (minimum spread 0.6, no commission) | 0.7 pips, Razor (min spread 0.0 pips + $3.50 per lot per side) |
| US stock commission | $0 per order | Not verified yet |
| Currency conversion fee | 0.8% | Not verified yet |
| Inactivity fee | CHF 18 per month after 24 consecutive months with no trading (Swiss accounts; amount differs by region) | None |
| Withdrawal fee | None | $20, international bank withdrawals only; other methods free |
| Minimum deposit | $0 (IG Markets Ltd) | $10 (Pepperstone Markets Limited) |
| Instruments | 17,000+ | 1,350+ |
| Fractional shares | Not verified yet | Not verified yet |
| Platforms | IG web platform, IG trading app, ProRealTime, L2 Dealer, TradingView, MT4 | MT4, MT5, cTrader, TradingView |
| Deposit methods | Debit card, Credit card, Apple Pay, Bank transfer | Debit/credit card, Apple Pay, Google Pay, PayPal, Skrill, Neteller, Bank transfer, Crypto |
| Withdrawal time (stated) | card 2–5 bank working days; bank transfer 1–3 working days | up to 1 business day (cards, e-wallets, crypto); bank transfer up to 7 business days |
| Demo account | Yes | Yes |
| Support | live chat · 24/7 except Fri 22:00–Sat 08:00 (UK) | email, phone · 24/7 |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (IG, Pepperstone).
Licences
IG vs Pepperstone: common questions
Which is better, IG or Pepperstone?
We rank both for forex in 9 countries, and IG comes out ahead in every one of them. For reference, IG's best ranking is #1 of 33 CFD brokers in Italy, and Pepperstone's best ranking is #8 of 26 forex brokers in Croatia.
Is IG cheaper than Pepperstone?
IG is cheaper for EUR/USD: 0.6 pips all-in, compared with 0.7 pips all-in at Pepperstone.
Is IG or Pepperstone better regulated?
Both hold top-tier (tier-1) licences: IG from FCA, BaFin and ASIC, Pepperstone from ASIC and FCA. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both IG and Pepperstone where I live?
We list IG in 9 of the 14 countries we cover and Pepperstone in 11. They overlap in 9. For forex, you'll find both on our lists in Australia, Austria, Germany, Italy, Netherlands, Portugal, Spain and United Arab Emirates, among others.