Pepperstone versus FXTM

FXTM maintains the core MT4/MT5 trading platforms. The order execution includes an average execution speed of 0.072 seconds and an average price improvement of 0.29 pips or $2.90 per lot, confirming deep liquidity. Quality education, market research, and trading signals assist beginners.

The Smart Trader Tools upgrade plus the Autochartist plugin ensures the Pepperstone MT4/MT5 trading environments rank among the most competitive globally. Pepperstone also has cTrader, Myfxbook Autotrade, and DupliTrade. Beginner traders get quality education and research, and Pepperstone added Capitalise AI, a code-free environment to automate trading.

We have conducted an in-depth review of FXTM and Pepperstone to determine which one presents the better overall choice and which traders will benefit the most at either broker.

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Pepperstone versus FXTM - Verdict

Features and Platforms

Features & Platforms	FXTM (visit site)	Pepperstone (visit site)
Headquarter:	Mauritius	Australia
Established :	2011	2010
Retail Loss Rate:	77.00%	81.12%
Regulation:
Minimum Deposit:	$500	$200
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee	$5 monthly after six months	No
Deposit Fee:	Third-Party	Third-Party
Withdrawal Fee	Third-Party	Third-Party
Funding Methods:	47	8
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	Excellent order execution	Excellent MT4 upgrade with 28 plugins
Unique Feature Two:	Proprietary mobile trading app	VPS, Autochartist, and TradingView
Broker Offers:	See what FXTM offers	See what Pepperstone offers

Noteworthy:

Traders at FXTM must deposit $500+ to access the account type with the most competitive trading conditions. Pepperstone supports API trading, added the active TradingView community, and has a volume-based spread reduction program.

Available Markets

Available Markets	FXTM	Pepperstone
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Indices:
Equities:
Bonds:
ETFs:
Options, Futures, and Synthetics:
Maximum Retail Leverage:	1:2000	1:500
Maximum Pro Leverage:	1:200	1:500

Both brokers maintain 1,000+ trading instruments, ensuring a balanced asset selection. Pepperstone offers cryptocurrencies and ETFs, which are unavailable at FXTM. Equity traders at FXTM get direct share investments and in-house thematic stock baskets for long-term investors, while Pepperstone offers listing from 23 exchanges. Traders can achieve proper cross-asset diversification at both brokers.

Typical Spreads and Fees

Typical Spreads & Fees	FXTM	Pepperstone
Minimum Raw Spreads:	0.0 pips	0.0 pips
Minimum Standard Spreads:	1.5 pips	0.6 pips
Minimum Commission for Forex:	$0.80 per 1.0 lot	$6.00 per round lot
Commission for Equities:	Commission-free	$7.00 per round lot
Rebates:	No	Yes
Execution Type:	Market Maker/ECN Hybrid	ECN/NDD

While FXTM and Pepperstone both provide traders with highly competitive pricing environments and raw spreads from 0.0 pips, the former takes the lead in commission-based cost, even after the volume-based Pepperstone rebates. FXTM also maintains an edge for equity traders, but Pepperstone offers cheaper commission-free trading costs.

Pepperstone presents an excellent trading environment with algorithmic trading at its core and a competitive choice for copy traders. Deep liquidity, a balanced asset selection, and superb order execution are equally available. FXTM takes the overall lead due to cheaper trading costs and an average price improvement of 0.29 pips or $2.90 per lot.

You might also be interested in reviewing the below broker comparisons:

• FXTM vs Capital.com
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• FXTM vs FBS
• Pepperstone vs Tickmill
• Pepperstone vs CMC Markets
• Pepperstone vs IC Markets