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Exness vs Pepperstone: costs, regulation and platforms compared

Exness does not take clients in the EU; for a standard lot of EUR/USD, Pepperstone costs $8.00 all-in in the EU; Pepperstone ranks #1 of 7 ranked brokers there.

Exness does not take clients in the UK; for a standard lot of EUR/USD, Pepperstone costs $8.00 all-in in the UK; Pepperstone ranks #1 of 8 ranked brokers there.

Exness does not take clients in Australia; for a standard lot of EUR/USD, Pepperstone costs $8.00 all-in in Australia; Pepperstone ranks #1 of 8 ranked brokers there.

For a standard lot of EUR/USD, Exness costs $6.00 all-in and Pepperstone $8.00 in other countries; Exness ranks #11 and Pepperstone #1 of 13 ranked brokers there.

Figures for
Measure Exness Not available in the EU Pepperstone
BrokersNest score and rank 65.30/10091.78/100 · #1 of 7 in the EU (higher score)
All-in cost per lot (EUR/USD) —$8.00
Typical spread + commission —0.1 pips + $7.00 commission (Razor)
Minimum deposit $10 Standard (varies by payment method); $200 Raw/Zero/ProNo minimum (recommended $200)
Max. leverage (retail) —1:30
Regulator and entity —Pepperstone EU Limited · CySEC 388/20
Platforms MT4 · MT5 · Exness Terminal (web) · Exness Trade appMT4 · MT5 · cTrader · TradingView · Pepperstone Platform
Instruments 250+1,300+
Hedging AvailableAvailable
Scalping AvailableAvailable
Demo account UnlimitedUnlimited
Withdrawal payout Instant, most methods1 business day
Data verified 21 Sep 202621 Sep 2026
Exness

Not available in the EU

Read the Exness review →
Pepperstone
Visit Pepperstone

Not linked from your region.

Pepperstone: Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.74.1% of retail investor accounts lose money when trading CFDs with this provider.73.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider.Trading CFDs and FX carries significant risk and is not suitable for everyone. You have no interest in the underlying asset. Full risk warning
Read the Pepperstone review →
Measure Exness Not available in the UK Pepperstone
BrokersNest score and rank 65.30/10091.78/100 · #1 of 8 in the UK (higher score)
All-in cost per lot (EUR/USD) —$8.00
Typical spread + commission —0.1 pips + $7.00 commission (Razor)
Minimum deposit $10 Standard (varies by payment method); $200 Raw/Zero/ProNo minimum (recommended $200)
Max. leverage (retail) —1:30
Regulator and entity —Pepperstone Limited · FCA 684312
Platforms MT4 · MT5 · Exness Terminal (web) · Exness Trade appMT4 · MT5 · cTrader · TradingView · Pepperstone Platform
Instruments 250+1,300+
Hedging AvailableAvailable
Scalping AvailableAvailable
Demo account UnlimitedUnlimited
Withdrawal payout Instant, most methods1 business day
Data verified 21 Sep 202621 Sep 2026
Exness

Not available in the UK

Read the Exness review →
Pepperstone
Visit Pepperstone

Not linked from your region.

Pepperstone: Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.74.1% of retail investor accounts lose money when trading CFDs with this provider.73.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider.Trading CFDs and FX carries significant risk and is not suitable for everyone. You have no interest in the underlying asset. Full risk warning
Read the Pepperstone review →
Measure Exness Not available in Australia Pepperstone
BrokersNest score and rank 65.30/10091.78/100 · #1 of 8 in Australia (higher score)
All-in cost per lot (EUR/USD) —$8.00
Typical spread + commission —0.1 pips + $7.00 commission (Razor)
Minimum deposit $10 Standard (varies by payment method); $200 Raw/Zero/ProNo minimum (recommended $200)
Max. leverage (retail) —1:30
Regulator and entity —Pepperstone Group Limited · ASIC 414530
Platforms MT4 · MT5 · Exness Terminal (web) · Exness Trade appMT4 · MT5 · cTrader · TradingView · Pepperstone Platform
Instruments 250+1,300+
Hedging AvailableAvailable
Scalping AvailableAvailable
Demo account UnlimitedUnlimited
Withdrawal payout Instant, most methods1 business day
Data verified 21 Sep 202621 Sep 2026
Exness

Not available in Australia

Read the Exness review →
Pepperstone
Visit Pepperstone

Not linked from your region.

Pepperstone: Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.74.1% of retail investor accounts lose money when trading CFDs with this provider.73.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider.Trading CFDs and FX carries significant risk and is not suitable for everyone. You have no interest in the underlying asset. Full risk warning
Read the Pepperstone review →
Measure Exness Pepperstone
BrokersNest score and rank 65.30/100 · #11 of 13 globally91.78/100 · #1 of 13 globally (higher score)
All-in cost per lot (EUR/USD) $6.00 (lower cost)$8.00
Typical spread + commission 0.6 pips, no commission (Pro)0.1 pips + $7.00 commission (Razor)
Minimum deposit $10 Standard (varies by payment method); $200 Raw/Zero/ProNo minimum (recommended $200)
Max. leverage (retail) 1:20001:400
Regulator and entity Exness (SC) Ltd · Exness (VG) Ltd · Exness (MU) Ltd · Exness (KE) Ltd · FSA Seychelles · FSCA · FSC BVI · FSC Mauritius · CMA KenyaPepperstone Markets Limited · SCB · DFSA · CMA
Platforms MT4 · MT5 · Exness Terminal (web) · Exness Trade appMT4 · MT5 · cTrader · TradingView · Pepperstone Platform
Instruments 250+1,300+
Hedging AvailableAvailable
Scalping AvailableAvailable
Demo account UnlimitedUnlimited
Withdrawal payout Instant, most methods1 business day
Data verified 21 Sep 202621 Sep 2026
Exness
Visit Exness

Not linked from your region.

Read the Exness review →
Pepperstone
Visit Pepperstone

Not linked from your region.

Pepperstone: Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.74.1% of retail investor accounts lose money when trading CFDs with this provider.73.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider.Trading CFDs and FX carries significant risk and is not suitable for everyone. You have no interest in the underlying asset. Full risk warning
Read the Pepperstone review →

How we compare: the same verified figures as each broker’s review, scored with one published method. How we rank →

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 53% and 80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Questions traders ask

Exness or Pepperstone?

Which is cheaper, Exness or Pepperstone?

All-in cost per standard lot of EUR/USD (spread plus commission): in other countries, Exness $6.00 and Pepperstone $8.00.

Are Exness and Pepperstone regulated in the UK, EU or Australia?

Exness takes no retail clients in the UK, the EU or Australia through a local licence; elsewhere it is regulated by FSA Seychelles · FSCA · FSC BVI · FSC Mauritius · CMA Kenya. Pepperstone is regulated in the UK (FCA 684312), the EU (CySEC 388/20) and Australia (ASIC 414530).

Which has the lower minimum deposit, Exness or Pepperstone?

Minimum deposit at Exness: $10 Standard (varies by payment method); $200 Raw/Zero/Pro. At Pepperstone: No minimum (recommended $200).

How do Exness and Pepperstone score in the BrokersNest rankings?

Exness scores 65.30/100 and Pepperstone 91.78/100 under our published method.