Head-to-head · 2026
Exness vs Pepperstone
Pepperstone edges it overall with 4.6 versus 4.1, winning 5 of six categories. Exness is cheaper to trade: its lowest-cost account works out at about $7.0 per round-turn lot of EUR/USD versus $8.0 at Pepperstone.
Pepperstone
Active traders who want tier-1 regulation and raw pricing
4.6/5
Visit PepperstoneFull review| Feature | Exness | Pepperstone |
|---|---|---|
| Overall score | 4.1 | 4.6 |
| EUR/USD standard spread | 1.0 pips | 1.1 pips |
| Raw account | 0.0 + $7 | 0.1 + $7 |
| Cheapest cost per lot | $7.0 | $8.0 |
| Minimum deposit | $10 | $0 |
| Tier-1 regulators | FCA, CySEC | ASIC, FCA, CySEC, BaFin |
| All regulators | FCA, CySEC, FSCA, FSA (Seychelles), FSC (Mauritius), CMA (Kenya) | ASIC, FCA, CySEC, BaFin, DFSA, CMA (Kenya), SCB (Bahamas) |
| Founded | 2008 | 2010 |
| Currency pairs | 100+ | 90+ |
| Max leverage | Up to 1:2000 (offshore) | 1:500 pro / 1:30 retail |
| Platforms | MT4, MT5, Exness Terminal, Exness Trade App | MT4, MT5, cTrader, TradingView, Pepperstone App |
| Copy trading | Yes | Yes |
| Swap-free accounts | Yes | Yes |
| US clients | No | No |
Highlighted cells mark the better value where one is clearly better. Data checked October 2026.
Category by category
Costs: Exness vs Pepperstone
Exness is cheaper to trade: its lowest-cost account works out at about $7.0 per round-turn lot of EUR/USD versus $8.0 at Pepperstone. On its standard, commission-free account Exness quotes around 1.0 pips on EUR/USD. On its standard, commission-free account Pepperstone quotes around 1.1 pips on EUR/USD. Both offer raw-spread pricing: Exness at $7 and Pepperstone at $7 per round-turn lot.
Regulation and safety
Exness is regulated by FCA, CySEC, FSCA, FSA (Seychelles), FSC (Mauritius), CMA (Kenya). Pepperstone is regulated by ASIC, FCA, CySEC, BaFin, DFSA, CMA (Kenya), SCB (Bahamas). Pepperstone scores higher for trust in our methodology. Both are available in Most other countries. Only Exness serves South Africa. Only Pepperstone serves United Kingdom, European Union, Australia.
Platforms
Both support MT4, MT5. Exness offers MT4, MT5, Exness Terminal, Exness Trade App; Pepperstone offers MT4, MT5, cTrader, TradingView, Pepperstone App.
Which should you choose?
Choose Exness if…
- automated instant withdrawals on most payment methods
- tight spreads on gold (XAU/USD) and major pairs
- low $10 minimum deposit on Standard accounts
Choose Pepperstone if…
- razor account with raw spreads and $7 round-turn commission
- fCA, ASIC, CySEC and BaFin regulation
- mT4, MT5, cTrader and TradingView
Frequently asked questions
Is Exness better than Pepperstone?
Pepperstone edges it overall with 4.6 versus 4.1, winning 5 of six categories. Exness is cheaper to trade: its lowest-cost account works out at about $7.0 per round-turn lot of EUR/USD versus $8.0 at Pepperstone.
Which is safer, Exness or Pepperstone?
Pepperstone scores higher for trust (4.8 vs 4.1), with tier-1 regulation from ASIC, FCA, CySEC, BaFin.
Which has the lower minimum deposit?
Pepperstone has the lower minimum at $0, compared with $10.
Do Exness and Pepperstone both offer MetaTrader?
Exness: MT4, MT5. Pepperstone: MT4, MT5.
Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly. Between roughly 60% and 89% of retail investor accounts lose money when trading CFDs, depending on the provider. Consider whether you understand how they work and can afford to lose your money. Read the full risk warning.