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120 possible pairs

Pepperstone
against
FxPro

Same data, same method as every profile on the site. Only the two names change. Pepperstone is $1.00 cheaper per round turn; whether that is the deciding factor depends on how often you trade. Pepperstone is $1.00 cheaper per round turn; whether that is the deciding factor depends on how often you trade. Pepperstone is $1.00 cheaper per round turn; whether that is the deciding factor depends on how often you trade.

Column A Best overall
Pepperstone
FCA · ASIC · CySEC · BaFin · DFSA · SCB · CMA (Kenya) · est. 2010
92.00
index score
$8.00
all-in per lot
$8.00
all-in per lot
$8.00
all-in per lot
$8.00
all-in per lot
Column B No-dealing-desk execution
FxPro
Not available in Australia
FCA · CySEC · FSCA · SCB · est. 2006
81.84
index score
$9.00
all-in per lot
$9.00
all-in per lot
$9.00
all-in per lot
The verdict

Close enough that the tiebreak is you.

Pepperstone and FxPro are 10.16 points apart. Neither is meaningfully the better broker overall; they are better at different things, and the right answer depends on which of those things you will actually use.

Cheaper to trade
Pepperstone

$1.00 less per round turn, all-in. Multiply by how often you trade to see what that is worth to you.

Cheaper to trade
Pepperstone

$1.00 less per round turn, all-in. Multiply by how often you trade to see what that is worth to you.

Cheaper to trade
No comparison

FxPro is not available in your region, so there is no cost to compare.

Cheaper to trade
Pepperstone

$1.00 less per round turn, all-in. Multiply by how often you trade to see what that is worth to you.

Lower minimum deposit
Tied

Same minimum deposit on both.

Lower minimum deposit
Tied

Same minimum deposit on both.

Lower minimum deposit
No comparison

FxPro is not available in your region.

Lower minimum deposit
Tied

Same minimum deposit on both.

Higher score
Pepperstone

92.00 against 81.84. The weights behind that are published in full on the methodology page.

What it costs you

A pip of difference, compounded.

Tell it how you trade. A gap that looks tiny on one trade gets hard to ignore over a year.

1.0
20
Holding period

Closed before the daily rollover, so financing never applies. The whole cost is spread plus commission.

$0
estimated annual cost, this pattern
$0
estimated annual cost, this pattern

An estimate from each broker's published spread, commission and overnight financing. It isn't a live quote. Longer holding patterns assume the stated number of nights per round turn.

Metric sheet

Every measured number, side by side.

Green marks the better figure. Equal figures stay unmarked, and where "better" depends on how you trade, we say so.

Measure
Pepperstone
FxPro
Why it matters
Index score
Cost
92.00
81.84
Our weighted score across five categories.
All-in cost per lot
Cost
$8.00
$9.00
Spread plus commission, one round turn.
All-in cost per lot
Cost
$8.00
$9.00
Spread plus commission, one round turn.
All-in cost per lot
Cost
$8.00
Not available in your region
Spread plus commission, one round turn.
All-in cost per lot
Cost
$8.00
$9.00
Spread plus commission, one round turn.
EUR/USD spread
Cost
0.1 pip Razor
0.2 pip Raw+
The cost that moves most per trade.
EUR/USD spread
Cost
0.1 pip Razor
0.2 pip Raw+
The cost that moves most per trade.
EUR/USD spread
Cost
0.1 pip Razor
Not available in your region
The cost that moves most per trade.
EUR/USD spread
Cost
0.1 pip Razor
0.2 pip Raw+
The cost that moves most per trade.
Commission per round turn
Cost
$7.00
$7.00
Zero commission usually means a wider spread.
Commission per round turn
Cost
$7.00
$7.00
Zero commission usually means a wider spread.
Commission per round turn
Cost
$7.00
Not available in your region
Zero commission usually means a wider spread.
Commission per round turn
Cost
$7.00
$7.00
Zero commission usually means a wider spread.
Overnight financing
Cost
$9.40/night
$10.00/night
Your largest cost beyond about a fortnight.
Overnight financing
Cost
$9.40/night
$10.00/night
Your largest cost beyond about a fortnight.
Overnight financing
Cost
$9.40/night
Not available in your region
Your largest cost beyond about a fortnight.
Overnight financing
Cost
$9.40/night
$10.00/night
Your largest cost beyond about a fortnight.
Minimum deposit
Access
$0
$0
Matters at the start and never again.
Minimum deposit
Access
$0
$0
Matters at the start and never again.
Minimum deposit
Access
$0
Not available in your region
Matters at the start and never again.
Minimum deposit
Access
$0
$0
Matters at the start and never again.
Withdrawal time
Execution
1 business day
1 business day
How long until the money reaches your bank.
Licence
Safety
FCA · ASIC · CySEC · BaFin · DFSA · SCB · CMA (Kenya)
FCA · CySEC · FSCA · SCB
The company that would open your account.
Licence
Safety
FCA · ASIC · CySEC · BaFin · DFSA · SCB · CMA (Kenya)
FCA · CySEC · FSCA · SCB
The company that would open your account.
Licence
Safety
FCA · ASIC · CySEC · BaFin · DFSA · SCB · CMA (Kenya)
Not available in your region
The company that would open your account.
Licence
Safety
FCA · ASIC · CySEC · BaFin · DFSA · SCB · CMA (Kenya)
FCA · CySEC · FSCA · SCB
The company that would open your account.
Compensation cover
Safety
UK: FSCS up to £85k · EU: ICF up to €20k · AU: no statutory compensation scheme · GL: none
UK: FSCS up to £85k · EU: ICF up to €20k · GL: none
What exists if the firm fails. Not all entities have any.
Compensation cover
Safety
UK: FSCS up to £85k · EU: ICF up to €20k · AU: no statutory compensation scheme · GL: none
UK: FSCS up to £85k · EU: ICF up to €20k · GL: none
What exists if the firm fails. Not all entities have any.
Compensation cover
Safety
UK: FSCS up to £85k · EU: ICF up to €20k · AU: no statutory compensation scheme · GL: none
Not available in your region
What exists if the firm fails. Not all entities have any.
Compensation cover
Safety
UK: FSCS up to £85k · EU: ICF up to €20k · AU: no statutory compensation scheme · GL: none
UK: FSCS up to £85k · EU: ICF up to €20k · GL: none
What exists if the firm fails. Not all entities have any.
Platforms
Access
MT4, MT5, cTrader, TradingView, Pepperstone Platform
MT4, MT5, cTrader, FxPro Edge
Where your orders go in.
Asset classes
Access
Forex, Indices, Commodities, Crypto, Stocks, Energies
Forex, Indices, Commodities, Crypto, Stocks, Energies, Futures
Breadth only matters if you trade the breadth.
Asset classes
Access
Forex, Indices, Commodities, Crypto, Stocks, Energies
Forex, Indices, Commodities, Crypto, Stocks, Energies, Futures
Breadth only matters if you trade the breadth.
Asset classes
Access
Forex, Indices, Commodities, Crypto, Stocks, Energies
Not available in your region
Breadth only matters if you trade the breadth.
Asset classes
Access
Forex, Indices, Commodities, Crypto, Stocks, Energies
Forex, Indices, Commodities, Crypto, Stocks, Energies, Futures
Breadth only matters if you trade the breadth.
Support
Access
24/5 phone · live chat
24/5 phone · chat
How to reach a human when it matters.
Demo account
Access
Unlimited
Unlimited
An expiring demo is a sales device.
Trading since
Safety
2010
2006
Longevity is weak evidence, but it is evidence.
Pick Pepperstone if
→

You trade often enough that the cheaper cost per lot adds up.

→

You want cTrader or TradingView or Pepperstone Platform alongside MetaTrader.

→

You want a licensed entity in most regions we cover.

→

You trade often enough that the cheaper cost per lot adds up.

→

You want cTrader or TradingView or Pepperstone Platform alongside MetaTrader.

→

You want a licensed entity in most regions we cover.

→

You want cTrader or TradingView or Pepperstone Platform alongside MetaTrader.

→

You want a licensed entity in most regions we cover.

→

You trade often enough that the cheaper cost per lot adds up.

→

You want cTrader or TradingView or Pepperstone Platform alongside MetaTrader.

→

You want a licensed entity in most regions we cover.

Pick FxPro if
→

You want cTrader or FxPro Edge alongside MetaTrader.

→

You want a licensed entity in most regions we cover.

→

A longer track record counts for something.

→

You want cTrader or FxPro Edge alongside MetaTrader.

→

You want a licensed entity in most regions we cover.

→

A longer track record counts for something.

→

You want cTrader or FxPro Edge alongside MetaTrader.

→

You want a licensed entity in most regions we cover.

→

A longer track record counts for something.

→

You want cTrader or FxPro Edge alongside MetaTrader.

→

You want a licensed entity in most regions we cover.

→

A longer track record counts for something.

The pairs readers compare most.