Independent forex broker comparison·Data checked Trading is risky. Most retail CFD accounts lose money.
EUR/USD typical

Head-to-head · 2026

IG vs Pepperstone

IG edges it overall with 4.8 versus 4.6, winning 4 of six categories. Pepperstone is cheaper to trade: its lowest-cost account works out at about $8.0 per round-turn lot of EUR/USD versus $9.0 at IG.

Higher score

IG

Traders who want the biggest market range and top-tier safety

4.8/5

Visit IGFull review

Pepperstone

Active traders who want tier-1 regulation and raw pricing

4.6/5

Visit PepperstoneFull review
FeatureIGPepperstone
Overall score4.84.6
EUR/USD standard spread0.9 pips1.1 pips
Raw accountNo0.1 + $7
Cheapest cost per lot$9.0$8.0
Minimum deposit$0$0
Tier-1 regulatorsFCA, ASIC, BaFin, MAS, JFSA, FINMAASIC, FCA, CySEC, BaFin
All regulatorsFCA, ASIC, BaFin, MAS, FSCA, JFSA, DFSA, FINMAASIC, FCA, CySEC, BaFin, DFSA, CMA (Kenya), SCB (Bahamas)
Founded19742010
Currency pairs80+90+
Max leverage1:30 retail (UK/EU/AU)1:500 pro / 1:30 retail
PlatformsIG Web, IG App, MT4, ProRealTime, L2 Dealer, TradingViewMT4, MT5, cTrader, TradingView, Pepperstone App
Copy tradingNoYes
Swap-free accountsNoYes
US clientsNoNo

Highlighted cells mark the better value where one is clearly better. Data checked October 2026.

Category by category

Trust & regulation5.04.8
Fees & spreads4.44.8
Platforms & tools4.84.9
Markets & range5.04.2
Ease of use4.54.0
Research & education4.94.3
IGPepperstone

Costs: IG vs Pepperstone

Pepperstone is cheaper to trade: its lowest-cost account works out at about $8.0 per round-turn lot of EUR/USD versus $9.0 at IG. On its standard, commission-free account IG quotes around 0.9 pips on EUR/USD. On its standard, commission-free account Pepperstone quotes around 1.1 pips on EUR/USD. Only Pepperstone offers a raw-spread account.

Regulation and safety

IG is regulated by FCA, ASIC, BaFin, MAS, FSCA, JFSA, DFSA, FINMA. Pepperstone is regulated by ASIC, FCA, CySEC, BaFin, DFSA, CMA (Kenya), SCB (Bahamas). IG scores higher for trust in our methodology. Both are available in United Kingdom, European Union, Australia and Most other countries. Only IG serves South Africa.

Platforms

Both support MT4, TradingView. IG offers IG Web, IG App, MT4, ProRealTime, L2 Dealer, TradingView; Pepperstone offers MT4, MT5, cTrader, TradingView, Pepperstone App.

Which should you choose?

Choose IG if…

  • fTSE 250 listed, 50 years in business
  • huge range of 17,000+ markets
  • tight EUR/USD spreads from about 0.6 pips

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 IG better than Pepperstone?

IG edges it overall with 4.8 versus 4.6, winning 4 of six categories. Pepperstone is cheaper to trade: its lowest-cost account works out at about $8.0 per round-turn lot of EUR/USD versus $9.0 at IG.

Which is safer, IG or Pepperstone?

IG scores higher for trust (5.0 vs 4.8), with tier-1 regulation from FCA, ASIC, BaFin, MAS, JFSA, FINMA.

Which has the lower minimum deposit?

Both have a $0 minimum deposit.

Do IG and Pepperstone both offer MetaTrader?

IG: MT4. 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.